Kaivan Munshi’s research career has been devoted to the analysis of communities and their interaction with economic activity. His recent work has examined the effect of community networks on education, health, and mobility, which are key determinants of growth and development. Munshi’s research has been published in the American Economic Review, Journal of Political Economy, Quarterly Journal of Economics, and the Review of Economic Studies. He is currently co-editor of the Journal of Development Economics.
By this expert
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.
Anyone who has spent time in a developing country knows the importance of social connections. Among their many roles, these connections help individuals land jobs, and provide them with credit and other forms of support.