A dynamic heterogeneous agent general equilibrium model is constructed to quantify the effects of child labor legislation on human capital accumulation and the distribution of wealth and welfare. Crucial model elements include a human capital externality in the market sector, an informal home...

The essay is to provides a detailed overview of the state of the recent empirical literature on why and how children work as well as the consequences of that work. It provides a descriptive overview of how children spend their time in low income coutries, most common type of work, influence of...

This report engages questions and connections of considerable contention, such as typical justifications for child labor, governmental policies and their impact on child labor, M.V.F.’s strategy for the eradication of child labour and universalisation of education, as well as benefits of...

Do the short and medium term adjustment costs associated with trade liberalization influence schooling and child labor decisions? This question is examined in the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India experienced a dramatic increase in schooling and decline...

The paper delineates the situation of the Scheduled Tribes in the background of various policies of the state during the successive plan periods and its impact on their socio-economic mobility. Politically, this community is the most voiceless in the state. Their unsecured livelihood position in...

Marx himself certainly thought that political economy was a subject of most urgent importance for a "theoretician of the revolutionary proletariat". Marx took over the orthodox theory of his day according to which an explanation of the relative prices of particular commodities was to be found in...

Are ostensibly demand-driven public programs less susceptible to political clientelism even when private goods are allocated? This is examined using expenditure data at the local level from India’s National Rural Employment Guarantee Scheme.

The overall goal of this paper is to analyse the political economy of food price policies in China during the global food crisis. The results show that given China’s unique economic and political context and the nature of its agricultural markets, the government’s reaction to the...

The contemporary approach to political economy is built around vested interests -- elites,  lobbies, and rent-seeking groups which get their way at the expense of the general public. The ...

This paper examines changes that have (and have not) occurred – at the village level in Karnataka where most or the state’s residents live, and at higher levels when they impinge upon villages – since 1972. Substantial changes have occurred on many (though certainly not all)...