This report covers the second year of the ESRC Research Centre for Analysis ofSocial Exclusion (CASE) from October 1998 to September 1999. The year sawincreased activity and output from the previous year.The Centre’s objectives are to develop understanding within five broad areas:income...

During the last two decades West Bengal has led the rest of the country with regard to agricultural performance andimplementation of panchayat institutions. But these developments have begun to level out. At the same time the state hasfallen behind in other sectors – industry, higher education...

We analyze a simple and tractable model of occupational choice in the presence of credit marketimperfections. We examine the effect of parameters governing technology and transaction costs, andhistory, in terms of the initial wealth distribution, in determining the long-term wealth...