We develop a model of endogenous skill-biased technical change in developing countries. The endogenous response to a … rise in skill supply counters the traditional substitution effect and dampens its role in reducing wage inequality. The …

moves, it can have unintended consequences for business cycle stability. This paper argues that the skill composition of … negative compositional effects (the so-called "brain drain" effects) and skill imbalances, which reduce supply capacity in … General Equilibrium (DSGE) model with endogenous migration flows, trade linkages, search and matching frictions, and skill …

While India’s growth has been strong in recent decades, its structural transformation remains incomplete. In this paper …, we first take stock of India’s growth to date. We find that economic activity has shifted from agriculture to services … consider India’s employment challenge going forward. We find that India needs to create between 143-324 million jobs by 2050 …

decisions? We examine this question in the context of India's 1991 tariff reforms. Overall, in the 1990s, rural India … India's rise in schooling and a third of the fall in child labor during the 1990s can be explained by falling poverty and …

trade. This paper breaks new ground in analyzing India's exports by the technological content, quality, sophistication, and …

Intro -- Contents -- I. INTRODUCTION -- II. INDIA CIRCA 1980 -- III. HOW HAS INDIA CHANGED SINCE THE EARLY 1980S? -- IV …