Banerjee, Abhijit V.; Mullainathan, Sendhil - Department of Economics, Harvard University - 2008
Economists have long been interested in the idea that there is a direct circular relation between poverty and low productivity, and not just one that is mediated by market failures, usually in asset markets. The nutrition-based efficiency wage model (Partha Dasgupta and Debraj Ray, 1987) is the...