This paper examines the consequences of slow judiciaries on firms' contracting behaviour in India. After deriving testable implications from a game theoretical model, I examine how case pendency rates in India's state courts affect the contracting behaviour of 170,000 small non-agricultural...

This paper investigates the impact of judiciaries on firms' contracting behaviour and economic performance. In 2002, the Code of Civil Procedure Amendment Act was enacted in India to facilitate speedy disposal of civil suits. Some State High Courts hal already enacted some of the amendments...

This paper explores under what circumstances high-quality producers would not voluntarily submit grading when low-quality firms would readily do sa, and under what conditions high-quality firms would have a lesser proportion if their ouput graded than low-quality counterparts. It also...

This paper explores under what circumstances high-quality producers would not voluntarily submit grading when low-quality firms would readily do sa, and under what conditions high-quality firms would have a lesser proportion if their ouput graded than low-quality counterparts. It also...

We consider a North-South duopolistic competition in the market of a perishable good. North's harvest can be sold over two periods whereas South's harvest can be sold in the first period only, because of the lack of storage technology. We examine the impact of the availability of a storage...

This paper attempts to measure the causal impact of the speed of judiciaries on economic activity by using two novel instrumental variables measuring judicial procedural ambiguity and complexity. First, I find that temporally exogenous conflicting judicial decisions taken in India due to the...

Labour market analysis is an important element to understand the inequality and poverty within a given population. The literature reveals that the informal sector is characterised by a great deal of flexibility and exempt from formal market rigidities but on the other hand, this sector can...

The recent theorical literature on the political economy of growth displays contrasting findings on the nature of the political link between income inequality and growth. In this paper, we explain this contrast and argue that in a democracy, when redistribution is in the form of government...

This paper studies the impact of families on sectoral labor allocation in developing agricultural economies. In an overlapping generations framework, we equate a family to a contingent-claims contract. Families are endogenous by design. A risk-averse adult facing possible unemployment may be...