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Replication data for: Networks and Misallocation: Insurance, Migration, and the Rural-Urban Wage Gap

Version
V0
Resource Type
Dataset
Creator
  • Munshi, Kaivan
  • Rosenzweig, Mark
Publication Date
2016-01-01
Description
  • Abstract

    We provide an explanation for the large spatial wage disparities and low male migration in India based on the trade-off between consumption smoothing, provided by caste-based rural insurance networks, and the income gains from migration. Our theory generates two key empirically verified predictions: (i) males in relatively wealthy households within a caste who benefit less from the redistributive (surplus-maximizing) network will be more likely to migrate, and (ii) males in households facing greater rural income risk (who benefit more from the insurance network) migrate less. Structural estimates show that small improvements in formal insurance decrease the spatial misallocation of labor by substantially increasing migration. (JEL G22, J31, J61, O15, O18, R23, Z13)
Availability
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Relations
  • Is supplement to
    DOI: 10.1257/aer.20131365 (Text)
Publications
  • Munshi, Kaivan, and Mark Rosenzweig. “Networks and Misallocation: Insurance, Migration, and the Rural-Urban Wage Gap.” American Economic Review 106, no. 1 (January 2016): 46–98. https://doi.org/10.1257/aer.20131365.
    • ID: 10.1257/aer.20131365 (DOI)

Update Metadata: 2020-05-18 | Issue Number: 3 | Registration Date: 2019-10-12

Munshi, Kaivan; Rosenzweig, Mark (2016): Replication data for: Networks and Misallocation: Insurance, Migration, and the Rural-Urban Wage Gap. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E112956