Why is Mobility in India so Low? Social Insurance, Inequality, and Growth
---- Acknowledgements -----
We are very grateful to Andrew Foster for many useful discussions that substantially improved the paper. We received helpful comments from Jan Eeckhout, Rachel Kranton, Ethan Ligon and seminar participants at Arizona, Chicago, Essex, Georgetown, Harvard, IDEI, ITAM, LEA-INRA, LSE, Ohio State, UCLA, and NBER. Alaka Holla provided excellent research assistance. Research support from NICHD grant R01-HD046940 and NSF grant SES-0431827 is gratefully acknowledged. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.