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Papers

Why Is Mobility in India So Low? Social Insurance, Inequality and Growth

Author : Kaivan Munshi, Mark Rosenzweig | 2009
Published By: NBER

This paper examines the hypothesis that the persistence of low spatial and marital mobility in rural India, despite increased growth rates and rising inequality in recent years, is due to the existence of sub-caste networks that provide mutual insurance to their members. Unique panel data providing information on income, assets, gifts, loans, consumption, marriage, and migration are used to link caste networks to household and aggregate mobility. [NBER Working Paper No. 14850].

URL : http://www.nber.org/papers/w14850.pdf?new_window=1

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