We extend standard models of price pass-through in an imperfectly competitive supply chain to incorporate rationing of trade credit. Credit rationing reverses predictions concerning effects of raw material import prices on pass-through to wholesale prices, and effects of regulations of...

This paper provides evidence on the impacts of agricultural productivity on employment growth and structural transformation of non-farm activities. To guide the empirical work, this paper develops a general equilibrium model that emphasizes distinctions among non-farm activities in terms of...

This paper presents evidence on intergenerational educational and occupational mobility in rural China over a period of 14 years (1988?2002). To understand whether the estimated inter-generational persistence can be driven solely by unobserved heterogeneity, biprobit sensitivity analysis and...

This paper provides evidence on the effects of agricultural productivity on wage rates, labor supply to market oriented activities, and labor allocation between own farming and wage labor in agriculture. To guide the empirical work, this paper develops a general equilibrium model that...

A substantial literature on women’s say in the household focuses on microcredit, but there is little evidence on the relative roles of credit and education. Using household survey data from Bangladesh, we provide a comparative analysis of the effects of education and microcredit on women’s...

A large literature on intergenerational mobility focuses on the conditional mean of children's economic outcomes to understand the role of family background, but ignores the information contained in conditional variance. Using exceptionally rich data free of coresidency bias, we provide evidence...

We present credible and comparable evidence on intergenerational educational mobility in 53 developing countries using sibling correlation as a measure, and data from 230 waves of Demographic and Health Surveys (DHS). This is the first paper, to our knowledge, to provide estimates of sibling...

We develop a model of intergenerational educational mobility incorporating gender bias against girls in the family, school, and labor market. Mobility and investment equations from the model are estimated for India using data not truncated by coresidency. The standard linear model misses...