Error message

  • Deprecated function: explode(): Passing null to parameter #2 ($string) of type string is deprecated in Drupal\olamalu_janeway\Controller\JanewayPublishedPaperController->getPublicationData() (line 65 of modules/custom/olamalu_janeway/src/Controller/JanewayPublishedPaperController.php).
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  • Deprecated function: explode(): Passing null to parameter #2 ($string) of type string is deprecated in Drupal\olamalu_janeway\Controller\JanewayPublishedPaperController->getPublicationData() (line 67 of modules/custom/olamalu_janeway/src/Controller/JanewayPublishedPaperController.php).
    Drupal\olamalu_janeway\Controller\JanewayPublishedPaperController->getPublicationData('1214')
    call_user_func_array(Array, Array) (Line: 123)
    Drupal\Core\EventSubscriber\EarlyRenderingControllerWrapperSubscriber->Drupal\Core\EventSubscriber\{closure}() (Line: 627)
    Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 121)
    Drupal\Core\EventSubscriber\EarlyRenderingControllerWrapperSubscriber->wrapControllerExecutionInRenderContext(Array, Array) (Line: 97)
    Drupal\Core\EventSubscriber\EarlyRenderingControllerWrapperSubscriber->Drupal\Core\EventSubscriber\{closure}() (Line: 181)
    Symfony\Component\HttpKernel\HttpKernel->handleRaw(Object, 1) (Line: 76)
    Symfony\Component\HttpKernel\HttpKernel->handle(Object, 1, 1) (Line: 58)
    Drupal\Core\StackMiddleware\Session->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\KernelPreHandle->handle(Object, 1, 1) (Line: 28)
    Drupal\Core\StackMiddleware\ContentLength->handle(Object, 1, 1) (Line: 32)
    Drupal\big_pipe\StackMiddleware\ContentLength->handle(Object, 1, 1) (Line: 191)
    Drupal\page_cache\StackMiddleware\PageCache->fetch(Object, 1, 1) (Line: 128)
    Drupal\page_cache\StackMiddleware\PageCache->lookup(Object, 1, 1) (Line: 82)
    Drupal\page_cache\StackMiddleware\PageCache->handle(Object, 1, 1) (Line: 48)
    Drupal\Core\StackMiddleware\ReverseProxyMiddleware->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\NegotiationMiddleware->handle(Object, 1, 1) (Line: 36)
    Drupal\Core\StackMiddleware\AjaxPageState->handle(Object, 1, 1) (Line: 51)
    Drupal\Core\StackMiddleware\StackedHttpKernel->handle(Object, 1, 1) (Line: 704)
    Drupal\Core\DrupalKernel->handle(Object) (Line: 19)
    

Networks and misallocation: insurance, migration, and the rural-urban wage gap

Friday 1st January 2016
American Economic Review
Munshi, K. and Rosenzweig, M.
We provide an explanation for the large spatial wage disparities and low male migration in India based on the trade-o between consumption-smoothing, provided by caste-based rural insurance networks, and the income-gains from migration. Our theory generates two key empirically-veri ed predictions: (i) males in relatively wealthy households within a caste who bene t less from the redistributive (surplus-maximizing) network will be more likely to migrate, and (ii) males in households facing greater rural income-risk (who bene t 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.
Keywords
Themes
networks