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

Principal Investigator(s): View help for Principal Investigator(s) Kaivan Munshi; Mark Rosenzweig

Name	File Type	Size	Last Modified
data			10/12/2019 01:23:AM
LICENSE.txt	text/plain	14.6 KB	10/11/2019 09:23:PM

Project Citation:

Munshi, Kaivan, and Rosenzweig, Mark. Replication data for: Networks and Misallocation: Insurance, Migration, and the Rural-Urban Wage Gap. Nashville, TN: American Economic Association [publisher], 2016. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-12. https://doi.org/10.3886/E112956V1

Project Description

Summary: 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)

Scope of Project

JEL Classification:
      G22 Insurance; Insurance Companies; Actuarial Studies
      J31 Wage Level and Structure; Wage Differentials
      J61 Geographic Labor Mobility; Immigrant Workers
      O15 Economic Development: Human Resources; Human Development; Income Distribution; Migration
      O18 Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
      R23 Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
      Z13 Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification

Related Publications

Download this project

Published Versions

V1 [2019-10-12]

Export Metadata

Dublin Core

DDI 2.5

Report a Problem

Found a serious problem with the data, such as disclosure risk or copyrighted content? Let us know.

This material is distributed exactly as it arrived from the data depositor. ICPSR has not checked or processed this material. Users should consult the investigator(s) if further information is desired.