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Governments in more developed economies partially compensate import-competing industries when world prices fall, i.e. they lean against the wind. In less developed economies we often observe liberalization in response to the same shock. We use a political-support maximization model with revenue...
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This paper analyzes the determinants of rural poverty in India, contrasting the situation of the Scheduled Caste (SC) and Schedule Tribe (ST) households with the non-scheduled population. The incidence of poverty among SC and ST households is significantly higher than non-scheduled households....
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This paper analyzes the determinants and timing of return migration. Special attention is given to the role of social and informational migration networks. A simple theoretical model of temporary migration demonstrates that the effect of migration networks on optimal migration duration is...
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