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This paper analyses the pattern and determinants of income risk and expectation in rural India. It uses unique primary …
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entitled How Lives Change: Palanpur, India and Development Economics, and point to two distinct, and staggered, drivers of … broadly in rural India. In this paper, we construct a simple model of a village economy that captures several of the salient … outcomes observed in the village. We suggest that to the extent that there exist other villages in rural India with such …
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