Markets, Governance, and Institutions in the Process of Economic Development

Title Pages
	Ajit Mishra and Tridip Ray
Title Pages
(p.i) Markets, Governance, and Institutions in the Process of Economic Development (p.ii) (p.iii) Markets, Governance, and Institutions in the Process of Economic Development
Title Pages
Dedication
	Ajit Mishra and Tridip Ray
Dedication
(p.v) A Festschrift in Honour of Kaushik Basu
(p.ix) List of Figures
	Ajit Mishra and Tridip Ray
(p.ix) List of Figures
(p.ix) List of Figures
(p.xi) List of Tables
	Ajit Mishra and Tridip Ray
(p.xi) List of Tables
(p.xi) List of Tables
(p.xiii) List of Contributors
	Ajit Mishra and Tridip Ray
(p.xiii) List of Contributors
(p.xiii) List of Contributors
(p.xiii) List of Contributors
(p.xiii) List of Contributors
(p.xiii) List of Contributors
(p.xiii) List of Contributors
(p.xvii) Foreword: Early Kaushik and the World Lately
	Ajit Mishra and Tridip Ray
(p.xvii) Foreword: Early Kaushik and the World Lately
1
(p.xvii) Foreword: Early Kaushik and the World Lately
(p.xvii) Foreword: Early Kaushik and the World Lately
(p.xvii) Foreword: Early Kaushik and the World Lately
(p.xx) 2
(p.xvii) Foreword: Early Kaushik and the World Lately
(p.xvii) Foreword: Early Kaushik and the World Lately
(p.xvii) Foreword: Early Kaushik and the World Lately
	Notes:
Introduction
	Ajit Mishra and Tridip Ray
Introduction
	Ajit Mishra
	Tridip Ray
Abstract and Keywords
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
	Notes:
Introduction
Introduction
Markets, States, and Institutions
	Ajit Mishra and Tridip Ray
Markets, States, and Institutions
	Joseph E. Stiglitz
Abstract and Keywords
Markets, States, and Institutions
Markets, States, and Institutions
Markets, States, and Institutions
Markets, States, and Institutions
1 New Understandings of Markets
Markets, States, and Institutions
	1.1 Aggregation
Markets, States, and Institutions
	1.2 Contract Enforcement
	1.3 Competition and Power
Markets, States, and Institutions
2 Public Governance
Markets, States, and Institutions
Markets, States, and Institutions
Markets, States, and Institutions
3 Reducing the Likelihood of State Capture
Markets, States, and Institutions
Markets, States, and Institutions
4 Concluding Remarks
Markets, States, and Institutions
Acknowledgements
Markets, States, and Institutions
Markets, States, and Institutions
Markets, States, and Institutions
Markets, States, and Institutions
	Notes:
Markets, States, and Institutions
On a Concept of Freedom
	Ajit Mishra and Tridip Ray
On a Concept of Freedom
	Prasanta K. Pattanaik
	Yongsheng Xu
Abstract and Keywords
1 Introduction
On a Concept of Freedom
On a Concept of Freedom
2 Competitive Markets, Scarcity of Aggregate Resources, and Interdependence of Consumers’ Choices
	2.1 Competitive Markets and Consumers’ Freedom
On a Concept of Freedom
On a Concept of Freedom
	(p.36) 2.2 Conditionality of Freedom
On a Concept of Freedom
(p.37) 3 Strategic Interaction of Individuals and the Opportunity Set
	3.1 Some Examples
On a Concept of Freedom
On a Concept of Freedom
	3.2 Strategic Interaction and Freedom of Choice
On a Concept of Freedom
On a Concept of Freedom
On a Concept of Freedom
On a Concept of Freedom
On a Concept of Freedom
On a Concept of Freedom
(p.45) 4 Concluding Remarks
On a Concept of Freedom
Acknowledgements
On a Concept of Freedom
	Notes:
On a Concept of Freedom
Multidimensional Poverty
	Ajit Mishra and Tridip Ray
Multidimensional Poverty
	Some Comments
		Bhaskar Dutta
Abstract and Keywords
1 Introduction
Multidimensional Poverty
2 Basic Framework
Multidimensional Poverty
Multidimensional Poverty
3 Identifying the Poor
Multidimensional Poverty
Multidimensional Poverty
Multidimensional Poverty
4 The Aggregation Exercise
Multidimensional Poverty
Multidimensional Poverty
Multidimensional Poverty
Multidimensional Poverty
Multidimensional Poverty
	4.1 Some Specific Multidimensional Poverty Measures
Multidimensional Poverty
Multidimensional Poverty
Multidimensional Poverty
5 Concluding Remarks
Acknowledgements
Multidimensional Poverty
Multidimensional Poverty
	Notes:
The Quintile Income Statistic and Distributional Analysis
	Ajit Mishra and Tridip Ray
The Quintile Income Statistic and Distributional Analysis
	S. Subramanian
Abstract and Keywords
1 Introduction
The Quintile Income Statistic and Distributional Analysis
2 The Quintile Income Statistic
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
3 The Quintile Income Statistic and Money-Metric Poverty
	3.1 Quintile Income as a Fuzzy Poverty Indicator
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
	3.2 Towards a More Substantive Poverty-Related Interpretation of Quintile Income
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
4 Quantile Statistics and the Assessment of Inclusive Growth
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
5 Concluding Remarks
Acknowledgements
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
The Quintile Income Statistic and Distributional Analysis
Sensitivity of Stationary Equitable Preferences
	Ajit Mishra and Tridip Ray
Sensitivity of Stationary Equitable Preferences
	Tapan Mitra
Abstract and Keywords
1 Introduction
Sensitivity of Stationary Equitable Preferences
Sensitivity of Stationary Equitable Preferences
Sensitivity of Stationary Equitable Preferences
2 Axioms on Preferences
	2.1 Basic Axioms
Sensitivity of Stationary Equitable Preferences
	2.2 Equity
	2.3 Stationarity
Sensitivity of Stationary Equitable Preferences
3 Sensitivity
Sensitivity of Stationary Equitable Preferences
	3.1 A Classification of Alternatives
Sensitivity of Stationary Equitable Preferences
	3.1.1 A Basic Classification
Sensitivity of Stationary Equitable Preferences
Sensitivity of Stationary Equitable Preferences
	3.1.2 First Period Sensitivity and Strong Pareto
Sensitivity of Stationary Equitable Preferences
	3.1.3 A Refined Classification of Alternatives
Sensitivity of Stationary Equitable Preferences
	3.2 Representable SWOs and Insensitivity to the Present
Sensitivity of Stationary Equitable Preferences
	3.3 Representable SWOs and Sensitivity: An Example
Sensitivity of Stationary Equitable Preferences
Sensitivity of Stationary Equitable Preferences
Sensitivity of Stationary Equitable Preferences
Sensitivity of Stationary Equitable Preferences
4 Concluding Remarks
Sensitivity of Stationary Equitable Preferences
Acknowledgements
Sensitivity of Stationary Equitable Preferences
	Notes:
The Link between Preferences, Prices, Inequality, and Poverty
	Ajit Mishra and Tridip Ray
The Link between Preferences, Prices, Inequality, and Poverty
	The Indian Evidence
		Ranjan Ray
Abstract and Keywords
1 Introduction
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
2 Methodologies and Concepts for the Welfare Analysis of Price Changes
	2.1 A Welfare Consistent Measure of Price Changes: The TCLI
The Link between Preferences, Prices, Inequality, and Poverty
	2.2 Evaluating the Distributive Consequences of Price Changes
The Link between Preferences, Prices, Inequality, and Poverty
	2.2.1 Spatial Price Index between Regions within a Country
	2.2.2 Equivalence Scales
The Link between Preferences, Prices, Inequality, and Poverty
	2.3 Spatial Price Deflated Real Expenditure Comparisons between Regions
The Link between Preferences, Prices, Inequality, and Poverty
3 Selected Empirical Evidence on NSS data
	3.1 Prices and Expenditure Inequality
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
	(p.107) 3.2 Prices and Expenditure Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
	3.3 Spatial Differences in Inequalities and Prices
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
	3.4 Welfare Rankings of States in India
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
4 Concluding Remarks
The Link between Preferences, Prices, Inequality, and Poverty
Acknowledgements
The Link between Preferences, Prices, Inequality, and Poverty
The Link between Preferences, Prices, Inequality, and Poverty
	Notes:
Private versus Public Monopoly
	Ajit Mishra and Tridip Ray
Private versus Public Monopoly
	Jörgen W. Weibull
	Jun Chen
Abstract and Keywords
1 Introduction
Private versus Public Monopoly
Private versus Public Monopoly
2 Model
Private versus Public Monopoly
Private versus Public Monopoly
Private versus Public Monopoly
3 Unregulated Profit Maximization
Private versus Public Monopoly
Private versus Public Monopoly
Private versus Public Monopoly
Private versus Public Monopoly
4 First-Best
Private versus Public Monopoly
(p.129) 5 Intermediate Cases
Private versus Public Monopoly
Private versus Public Monopoly
	(p.131) 5.1 Second-Best: Budget-Constrained Welfare Maximization
Private versus Public Monopoly
(p.132) 6 Numerical Simulations
Private versus Public Monopoly
	6.1 Profit Maximization
Private versus Public Monopoly
Private versus Public Monopoly
Private versus Public Monopoly
Private versus Public Monopoly
	6.2 First-Best
Private versus Public Monopoly
Private versus Public Monopoly
	6.3 Second-Best
Private versus Public Monopoly
Private versus Public Monopoly
7 Extensions
Private versus Public Monopoly
Private versus Public Monopoly
8 Concluding Remarks
Private versus Public Monopoly
Acknowledgements
Private versus Public Monopoly
	Notes:
Private versus Public Monopoly
US–Japanese Differences in Employment Practices
	Ajit Mishra and Tridip Ray
US–Japanese Differences in Employment Practices
	New Explanations and Predictions
		Hodaka Morita
Abstract and Keywords
1 Introduction
US–Japanese Differences in Employment Practices
	1.1 US–Japanese Differences in the Post-War Growth Period
US–Japanese Differences in Employment Practices
2 Explanations and Predictions
	(p.148) 2.1 Outline of the Model and Its Analysis
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
	2.2 Explanations for US–Japanese Differences
US–Japanese Differences in Employment Practices
	2.2.1 Managerial Capability
US–Japanese Differences in Employment Practices
	2.2.2 Entry Regulations
US–Japanese Differences in Employment Practices
	2.3 Predictions for the Contemporary and Future Economy
US–Japanese Differences in Employment Practices
	(p.155) 2.4 Contribution to the Literature
3 Concluding Remarks
US–Japanese Differences in Employment Practices
Acknowledgements
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
	Notes:
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
	Ajit Mishra and Tridip Ray
US–Japanese Differences in Employment Practices
	New Explanations and Predictions
		Hodaka Morita
Abstract and Keywords
1 Introduction
US–Japanese Differences in Employment Practices
	1.1 US–Japanese Differences in the Post-War Growth Period
US–Japanese Differences in Employment Practices
2 Explanations and Predictions
	(p.148) 2.1 Outline of the Model and Its Analysis
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
	2.2 Explanations for US–Japanese Differences
US–Japanese Differences in Employment Practices
	2.2.1 Managerial Capability
US–Japanese Differences in Employment Practices
	2.2.2 Entry Regulations
US–Japanese Differences in Employment Practices
	2.3 Predictions for the Contemporary and Future Economy
US–Japanese Differences in Employment Practices
	(p.155) 2.4 Contribution to the Literature
3 Concluding Remarks
US–Japanese Differences in Employment Practices
Acknowledgements
US–Japanese Differences in Employment Practices
US–Japanese Differences in Employment Practices
	Notes:
US–Japanese Differences in Employment Practices
On Quality Traps and Economic Development
	Ajit Mishra and Tridip Ray
On Quality Traps and Economic Development
	Patrick M. Emerson
Abstract and Keywords
I Introduction
On Quality Traps and Economic Development
On Quality Traps and Economic Development
On Quality Traps and Economic Development
2 Utility Functions with Supermodularity in the Quality of Complements
On Quality Traps and Economic Development
3 Equilibria when Complementary Quality is Multiplicative in Preferences
	3.1 The Model
On Quality Traps and Economic Development
On Quality Traps and Economic Development
On Quality Traps and Economic Development
On Quality Traps and Economic Development
	3.2 Illustrative Example
On Quality Traps and Economic Development
	3.3 Extensions of the Model
On Quality Traps and Economic Development
On Quality Traps and Economic Development
On Quality Traps and Economic Development
4 Quality Traps and Development
On Quality Traps and Economic Development
5 Concluding Remarks
Acknowledgements
On Quality Traps and Economic Development
On Quality Traps and Economic Development
	Notes:
Inequality and Neighbourhood Effects
	Ajit Mishra and Tridip Ray
Inequality and Neighbourhood Effects
	Market Access and Welfare of the Poor
		Namrata Gulati
		Tridip Ray
Abstract and Keywords
Inequality and Neighbourhood Effects
1 Introduction
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
2 The Set-up
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
3 Partial Market Access for the Poor and Complete Access for the Rich
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
4 Inequality, Market Access, and Welfare of the Poor
Inequality and Neighbourhood Effects
	4.1 Effect of a Change in the Proportion of Poor
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
	(p.188) 4.2 Effect of a Mean-Preserving Spread
Inequality and Neighbourhood Effects
	(p.189) 4.3 Welfare of the Rich
Inequality and Neighbourhood Effects
	(p.190) 4.4 Discussion and Policy Considerations
Inequality and Neighbourhood Effects
5 Poverty, Inequality, and the Possibility of Complete Exclusion of the Poor
Inequality and Neighbourhood Effects
	5.1 Summary of Different Equilibrium Possibilities
		5.1.1 Complete Market Access for both Rich and Poor
		5.1.2 Complete Market Access for the Rich but No Access for the Poor
Inequality and Neighbourhood Effects
	5.1.3 Partial Market Access for Poor
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
	5.2 Implications of Poverty and Income Inequality
Inequality and Neighbourhood Effects
	5.3 Possibility of Complete Exclusion of the Poor
Inequality and Neighbourhood Effects
	(p.197) 5.3.1 Implication of the Income Gap
	5.3.2 The Case of the Minority Poor
	5.3.3 Policy Considerations in the Presence of a Complete Exclusion Possibility
Inequality and Neighbourhood Effects
	5.4 Comparison with a Single-Income Neighbourhood
		5.4.1 Feasibility Income Threshold in a Single-Income Neighbourhood
		(p.199) 5.4.2 Comparing Single-Income with Mixed-Income Neighbourhoods
Inequality and Neighbourhood Effects
6 Concluding Remarks
Inequality and Neighbourhood Effects
Acknowledgements
Inequality and Neighbourhood Effects
Inequality and Neighbourhood Effects
	Notes:
Inequality and Neighbourhood Effects
The Great Recession and Life Satisfaction
	Ajit Mishra and Tridip Ray
The Great Recession and Life Satisfaction
	The Unique Decline for Americans Approaching Retirement Age
		John Ifcher
		Amanda Cabacungan
Abstract and Keywords
1 Introduction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
(p.204) 2 Data and Descriptive Statistics
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
3 Main Result
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
4 Potential Mechanisms
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
5 Concluding Remarks
The Great Recession and Life Satisfaction
The Great Recession and Life Satisfaction
	Notes:
The Great Recession and Life Satisfaction
Does Rising Inequality Delay Marriage?
	Ajit Mishra and Tridip Ray
Does Rising Inequality Delay Marriage?
	Evidence from India
		Amalavoyal V. Chari
		Annemie Maertens
		Sinduja Srinivasan
Abstract and Keywords
1 Introduction
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
2 A Model of Marriage Market Search
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
3 Data
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
(p.223) 4 Analysis
	4.1 Effect of Income Inequality on Marriage Rates
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
	4.2 Effect of Income Inequality on Female Education
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
5 Concluding Remarks
Does Rising Inequality Delay Marriage?
Does Rising Inequality Delay Marriage?
	Notes:
Does Rising Inequality Delay Marriage?
The Impact of Migration on Child Labour
	Ajit Mishra and Tridip Ray
The Impact of Migration on Child Labour
	Theory and Evidence from Brazil
		Garance Genicot
		Anna Maria Mayda
		Mariapia Mendola
Abstract and Keywords
1 Introduction
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
2 Related Literature
The Impact of Migration on Child Labour
3 Theoretical Framework
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
4 Data
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
5 Empirical Analysis
The Impact of Migration on Child Labour
	(p.245) 5.1 The Labour Market Effect at Municipality Level
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
	5.2 Child Labour Estimates at the Individual Level
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
6 Concluding Remarks
Acknowledgements
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
The Impact of Migration on Child Labour
	Notes:
The Impact of Migration on Child Labour
Relation-Based Governance and Competition
	Ajit Mishra and Tridip Ray
Relation-Based Governance and Competition
	Avinash Dixit
Abstract and Keywords
1 Introduction
Relation-Based Governance and Competition
Relation-Based Governance and Competition
Relation-Based Governance and Competition
2 Monopolistic Competition
	2.1 The Circle Model
Relation-Based Governance and Competition
Relation-Based Governance and Competition
Relation-Based Governance and Competition
	2.2 Relational Governance with Limited Span
Relation-Based Governance and Competition
Relation-Based Governance and Competition
Relation-Based Governance and Competition
Relation-Based Governance and Competition
3 Concluding Remarks
Relation-Based Governance and Competition
Relation-Based Governance and Competition
	Notes:
Labour and Tenancy in Retrospect
	Ajit Mishra and Tridip Ray
Labour and Tenancy in Retrospect
	Two Bihari Villages in 1970
		Clive Bell
Abstract and Keywords
1 Introduction
Labour and Tenancy in Retrospect
2 Employment and Markets
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
3 The Setting
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
4 The Two Villages: Population and Sample
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
5 Attached Farm Servants
Labour and Tenancy in Retrospect
	5.1 Servants
Labour and Tenancy in Retrospect
	5.2 Other AFS: Ploughmen
Labour and Tenancy in Retrospect
6 Day Labourers
	6.1 Wage Rates
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
	6.2 Evidence from Elsewhere
Labour and Tenancy in Retrospect
7 Tenancy
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
8 Draught Power
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
9 Risks
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
10 Brief Reflections on Theory
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
11 Concluding Remarks
Acknowledgements
Labour and Tenancy in Retrospect
Labour and Tenancy in Retrospect
	Notes:
Labour and Tenancy in Retrospect
Holding India Together
	Ajit Mishra and Tridip Ray
Holding India Together
	The Role of Institutions of Federalism
		Nirvikar Singh
Abstract and Keywords
1 Introduction
Holding India Together
2 Conceptual Background
Holding India Together
Holding India Together
3 Historical Developments
Holding India Together
Holding India Together
4 Current Institutions
Holding India Together
Holding India Together
Holding India Together
	4.1 Finance Commission Transfers
Holding India Together
	4.2 Planning Commission Transfers
	4.3 Central Ministry Transfers
Holding India Together
	4.4 State-Local Transfers
5 Holding Together—Politics, Law, and Bureaucracy
Holding India Together
Holding India Together
Holding India Together
Holding India Together
6 Holding Together—Fiscal Federalism
Holding India Together
7 Asymmetries and the Periphery
Holding India Together
Holding India Together
Holding India Together
8 Concluding Remarks
Holding India Together
Acknowledgements
Holding India Together
Holding India Together
Holding India Together
	Notes:
Holding India Together
Holding India Together
Holding India Together
The Dividend of Diversity for India’s Corporate Sector
	Ajit Mishra and Tridip Ray
The Dividend of Diversity for India’s Corporate Sector
	Ashwini Deshpande
Abstract and Keywords
1 Introduction
The Dividend of Diversity for India’s Corporate Sector
The Dividend of Diversity for India’s Corporate Sector
2 Caste Discrimination and Exclusion
The Dividend of Diversity for India’s Corporate Sector
The Dividend of Diversity for India’s Corporate Sector
	2.1 Caste Discrimination in the Labour Market
The Dividend of Diversity for India’s Corporate Sector
3 Diversity and Business Performance
The Dividend of Diversity for India’s Corporate Sector
The Dividend of Diversity for India’s Corporate Sector
	3.1 Regulation of Discrimination in the Workplace
The Dividend of Diversity for India’s Corporate Sector
4 Dalit Entrepreneurship and Dalit Employment
The Dividend of Diversity for India’s Corporate Sector
	(p.334) 4.1 Homophily
	4.2 Discrimination in the Non-Farm Business Sector
The Dividend of Diversity for India’s Corporate Sector
5 Diversity and the Corporate Sector in India
The Dividend of Diversity for India’s Corporate Sector
	5.1 Caste Data for the Private Sector
The Dividend of Diversity for India’s Corporate Sector
	5.2 How Could the Private Sector be Made More Diverse?
The Dividend of Diversity for India’s Corporate Sector
	5.2.1 Other Measures: Supplier Diversity and Beyond
The Dividend of Diversity for India’s Corporate Sector
6 Concluding Remarks
Acknowledgements
The Dividend of Diversity for India’s Corporate Sector
The Dividend of Diversity for India’s Corporate Sector
The Dividend of Diversity for India’s Corporate Sector
	Notes:
The Dividend of Diversity for India’s Corporate Sector
A ‘Rights-Based’ Approach to Optimal Tax Policy
	Ajit Mishra and Tridip Ray
A ‘Rights-Based’ Approach to Optimal Tax Policy
	Eduardo Zambrano
Abstract and Keywords
1 Introduction
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
	1.1 Related Literature
A ‘Rights-Based’ Approach to Optimal Tax Policy
(p.346) 2 The Setting
A ‘Rights-Based’ Approach to Optimal Tax Policy
3 Social Orderings
	3.1 Efficiency Principles
4 Fairness
A ‘Rights-Based’ Approach to Optimal Tax Policy
	4.1 Strong Principles of Fairness
A ‘Rights-Based’ Approach to Optimal Tax Policy
	4.2 Fairness–Efficiency Trade-offs
	4.3 Moderate Principles of Fairness
A ‘Rights-Based’ Approach to Optimal Tax Policy
	4.3.1 Laissez-Faire Choices
A ‘Rights-Based’ Approach to Optimal Tax Policy
	4.3.2 Fairness Relative to a Laissez-Faire Benchmark
A ‘Rights-Based’ Approach to Optimal Tax Policy
5 Robustness Principles
A ‘Rights-Based’ Approach to Optimal Tax Policy
6 Fair Social Orderings
A ‘Rights-Based’ Approach to Optimal Tax Policy
	(p.355) 6.1 Remarks
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
7 Fair and Efficient Public Policy
	7.1 The First Best
A ‘Rights-Based’ Approach to Optimal Tax Policy
	7.2 Second-Best Policies when Preferences Are not Observable but Income Is Observable
A ‘Rights-Based’ Approach to Optimal Tax Policy
	(p.359) 7.3 An Example
A ‘Rights-Based’ Approach to Optimal Tax Policy
	7.3.1 Remarks
A ‘Rights-Based’ Approach to Optimal Tax Policy
8 Concluding Remarks
A ‘Rights-Based’ Approach to Optimal Tax Policy
Acknowledgements
A ‘Rights-Based’ Approach to Optimal Tax Policy
A1 Proof of Theorem 1
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
A2 Proof of Theorem 2
A3 Preparing for the Proof of Theorem 3
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
(p.368) A4 Proof of Theorem 3
A ‘Rights-Based’ Approach to Optimal Tax Policy
A ‘Rights-Based’ Approach to Optimal Tax Policy
	Notes:
A ‘Rights-Based’ Approach to Optimal Tax Policy
The Many Faces of Corruption
	Ajit Mishra and Tridip Ray
The Many Faces of Corruption
	Which One(s) to Target?
		Ajit Mishra
Abstract and Keywords
1 Introduction
The Many Faces of Corruption
The Many Faces of Corruption
2 The Many Faces
	2.1 Embezzlement and Bribery
The Many Faces of Corruption
	2.2 Bribery and Lobbying
	(p.374) 2.3 Collusion and Extortion
The Many Faces of Corruption
3 The Model
The Many Faces of Corruption
	3.1 Corruption
		3.1.1 Preventing Corruption
The Many Faces of Corruption
	(p.377) 3.1.2 Deterring Collusion
The Many Faces of Corruption
	3.1.3 Deterring Extortion
	3.2 Does Extortion Matter?
The Many Faces of Corruption
4 An Experiment
The Many Faces of Corruption
The Many Faces of Corruption
The Many Faces of Corruption
5 Concluding Remarks
Acknowledgements
The Many Faces of Corruption
The Many Faces of Corruption
	Notes:
The Many Faces of Corruption
The Many Faces of Corruption
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	Ajit Mishra and Tridip Ray
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