This paper analyzes how preferences for a non-economic characteristic, such as caste, canaffect equilibrium patterns of matching in the marriage market, and empirically evaluates thisin the context of arranged marriages among middle-class Indians. We develop a model thatdemonstrates how the...

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...