We exploit the variation in the admissions process across colleges of a leading Indian university to estimate the causal effects of enrolling in a selective college on: cognitive attainment using scores on standardized university exams; behavioural preferences such as risk, competitiveness, and...

In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...

The issue of employer power is underemphasized in the development literature. The default model is usually one of competitive labour markets. This assumption matters for analysis and policy prescription. There is growing evidence that the competitive labour markets assumption is not valid for...

The persistent gap in economic outcomes between the upper and lower caste groups in India is typically explained through differences in endowments and the presence of discrimination. While there is sizable literature that examines caste gaps in physical and intellectual human capital, this paper...