Details about Kaushik Basu

Homepage:	http://people.cornell.edu/pages/kb40/
Workplace:	Department of Economics, Cornell University, (more information at EDIRC)

Access statistics for papers by Kaushik Basu.

Last updated 2009-05-13. Update your information in the RePEc Author Service.

Short-id: pba464

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Working Papers

2009

1. Child Labor and Household Wealth: Theory and Empirical Evidence of an Inverted-U
   The Warwick Economics Research Paper Series (TWERPS), University of Warwick, Department of Economics View citations
   Also in IZA Discussion Papers, Institute for the Study of Labor (IZA) (2007) View citations
   Working Papers, Cornell University, Center for Analytic Economics (2007) View citations
2. Literacy Traps: Society-wide Education and Individual Skill Premia
   IZA Discussion Papers, Institute for the Study of Labor (IZA)

2008

3. A New and Easy-to-Use Measure of Literacy, Its Axiomatic Properties and an Application
   Working Papers, Cornell University, Center for Analytic Economics
   See also Journal Article in Social Choice and Welfare (2009)
4. A Theory of Efficiency Wage with Multiple Unemployment Equilibria: How a Higher Minimum Wage Law Can Curb Unemployment
   IZA Discussion Papers, Institute for the Study of Labor (IZA)

2007

5. Labor Retrenchment Laws and their Effect on Wages and Employment: A Theoretical Investigation
   IZA Discussion Papers, Institute for the Study of Labor (IZA)
6. Participatory Equity, Identity, and Productivity Policy Implications for Promoting Development
   Working Papers, esocialsciences.com
   Also in Working Papers, Cornell University, Center for Analytic Economics (2006)
7. The Pattern and Causes of Economic Growth in India
   Working Papers, Cornell University, Center for Analytic Economics
   See also Journal Article in Oxford Review of Economic Policy (2007)

2006

8. Coercion, Contract and the Limits of the Market
   Working Papers, Cornell University, Center for Analytic Economics
   Also in Econometric Society 2004 Australasian Meetings, Econometric Society (2004)
   See also Journal Article in Social Choice and Welfare (2007)
9. Identity, Trust and Altruism: Sociological Clues to Economic Development
   Working Papers, Cornell University, Center for Analytic Economics View citations
10. Teacher Truancy in India: The Role of Culture, Norms and Economic Incentives
    Working Papers, esocialsciences.com
    Also in Working Papers, Cornell University, Center for Analytic Economics (2006)
11. Vulnerability, Unemployment and Poverty: A Class of Distribution and Sensitive Measures, Its Axiomatic Properties and Applications
    Economics Discussion Papers, University of Essex, Department of Economics

2005

12. Globalization, Poverty and Inequality: What Is the Relationship? What Can Be Done?
    Working Papers, World Institute for Development Economic Research (UNU-WIDER)
    Also in Working Papers, Cornell University, Center for Analytic Economics (2005) View citations
    See also Journal Article in World Development (2006)
13. International Credit and Welfare: A Paradoxical Theorem and Its Policy Implications
    Working Papers, Cornell University, Center for Analytic Economics
    See also Journal Article in European Economic Review (2006)
14. Is Product Boycott a Good Idea for Controlling Child Labor?
    Working Papers, Cornell University, Center for Analytic Economics
15. Labor Laws and Labor Welfare in the Context of the Indian Experience
    Working Papers, Cornell University, Center for Analytic Economics View citations
16. New Directions in Development Economics: Theory or Empirics? A Symposium in Economic and Political Weekly
    Boston University - Department of Economics - The Institute for Economic Development Working Papers Series, Boston University - Department of Economics View citations
17. On the Existence of Paretian Social Welfare Relations for Infinite Utility Streams with Extended Anonymity
    Working Papers, Cornell University, Center for Analytic Economics View citations
18. Possibility Theorems for Aggregating Infinite Utility Streams Equitably
    Working Papers, Cornell University, Center for Analytic Economics View citations
19. Racial Conflict and the Malignancy of Identity
    Working Papers, Cornell University, Center for Analytic Economics View citations
    See also Journal Article in Journal of Economic Inequality (2005)

2004

20. A Theory of Efficiency Wage with Community-Based Income Sharing
    Working Papers, Cornell University, Center for Analytic Economics
21. Child labor and the Law: Notes on Possible Pathologies
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research
    See also Journal Article in Economics Letters (2005)
22. Consumer Cognition and Pricing in the 9's in Oligopolistic Markets
    Working Papers, Cornell University, Center for Analytic Economics
    Also in Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research (2004)
23. Gender and Say A Model of Household Behavior with Endogenously-determined Balance of Power
    Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research View citations
    Also in Working Papers, Cornell University, Center for Analytic Economics (2001) View citations
    See also Journal Article in Economic Journal (2006)
24. Theoretical Notes on Racial Conflict and Identity
    Working Papers, Cornell University, Center for Analytic Economics
25. Vulnerability, Unemployment and Poverty: A New Class of Measures, Its Axiomatic Properties and Application
    Working Papers, Cornell University, Center for Analytic Economics View citations

2003

26. Aggregating Infinite Utility Streams with Inter-generational Equity: The Impossibility of Being Paretian
    Working Papers, Cornell University, Center for Analytic Economics
    See also Journal Article in Econometrica (2003)
27. Globalization and the Politics of International Finance: The Stiglitz Verdict
    Working Papers, Cornell University, Center for Analytic Economics View citations
    See also Journal Article in Journal of Economic Literature (2003)
28. Policy Dilemmas for Controlling Child Labor
    Working Papers, Cornell University, Center for Analytic Economics View citations
29. The Economics and Law of Sexual Harassment in the Workplace
    Working Papers, Cornell University, Center for Analytic Economics View citations
    See also Journal Article in Journal of Economic Perspectives (2003)
30. The Global Child Labor Problem: What Do We Know and What Can We Do?
    Working Papers, Cornell University, Center for Analytic Economics View citations
    See also Journal Article in World Bank Economic Review (2003)
31. Utilitarianism for Infinite Utility Streams: A New Welfare Criterion and Its Axiomatic Characterization
    Working Papers, Cornell University, Center for Analytic Economics View citations
    See also Journal Article in Journal of Economic Theory (2007)

2002

32. Punctuality - A Cultural Trait as Equilibrium
    Working Paper Series, Research Institute of Industrial Economics
33. The collective model of the household and an unexpected implication for child labor: hypothesis and an empirical test
    Policy Research Working Paper Series, The World Bank View citations

2001

34. International Credit and Welfare: Some Paradoxical Results with Implications for the Organization of International Lending
    Working Papers, Cornell University, Center for Analytic Economics

2000

35. Alternative Labor Retrenchment Laws and Their Effect on Wages and Employment: A Theoretical Investigation with Special Reference to Developing Countries
    Working Papers, Cornell University, Center for Analytic Economics View citations
36. Isolated and Proximate Illiteracy And Why these Concepts Matter in Measuring Literacy and Designing Education Programmes
    Working Papers, Department of Economics, Vanderbilt University View citations
37. RENT: Notes on Efficiency Pricing, Rent Control and Monopolistic Landlords
    Working Papers, Cornell University, Center for Analytic Economics
38. Unemployment and Wage Rigidity When Labor Supply Is a Household Decision
    Working Papers, Cornell University, Center for Analytic Economics View citations
    Also in Working Papers, California Irvine - School of Social Sciences (2000) View citations

1999

39. Household labor supply, unemployment, and minimum wage legislation
    Policy Research Working Paper Series, The World Bank View citations
40. Interlinkage, limited liability, and strategic interaction
    Policy Research Working Paper Series, The World Bank
    See also Journal Article in Journal of Economic Behavior & Organization (2000)
41. Is knowledge shared within households?
    Policy Research Working Paper Series, The World Bank View citations
42. The intriguing relation between adult minimum wage and child labor
    Policy Research Working Paper Series, The World Bank View citations
    See also Journal Article in Economic Journal (2000)

1998

43. Child labor: cause, consequence, and cure, with remarks on International Labor Standards
    Policy Research Working Paper Series, The World Bank View citations
    See also Journal Article in Journal of Economic Literature (1999)
44. On measuring literacy
    Policy Research Working Paper Series, The World Bank View citations
    See also Journal Article in Economic Journal (1998)
45. The economic and law of rent control
    Policy Research Working Paper Series, The World Bank View citations

1994

46. The Algebra of Knowledge: Critique and Reformulation
    STICERD - Theoretical Economics Paper Series, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE

1992

47. Civil Institutions and Evolution
    Working Papers, Stockholm - International Economic Studies

1991

48. The International Debt Problem, Credit Rationing, and Loan Pushing: Theory and Experience
    Princeton Studies in International Economics, International Economics Section, Departement of Economics Princeton University, View citations

1990

49. COLLUSION IN FINITELY-REPEATED OLIGOPOLIES
    Working Papers, Princeton, Department of Economics - Financial Research Center
    See also Journal Article in International Journal of Industrial Organization (1992)
50. STRATEGY SUBSETS CLOSED UNDER RATIONAL BEHAVIOR
    Working Papers, Princeton, Woodrow Wilson School - Discussion Paper
    Also in Working Papers, Stockholm - International Economic Studies (1990) View citations
    See also Journal Article in Economics Letters (1991)

1987

51. The Growth and Decay of Custom: The Role of the New Institutional Economics in Economic History
    MPRA Paper, University Library of Munich, Germany View citations
    See also Journal Article in Explorations in Economic History (1987)

Journal Articles

2009

1. A new and easy-to-use measure of literacy, its axiomatic properties and an application
   Social Choice and Welfare, 2009, 32, (2), 181-196
   See also Working Paper (2008)
2. Children, Education, Labor, and Land: In The Long Run and Short Run
   Journal of the European Economic Association, 2009, 7, (2-3), 487-497
3. Is product boycott a good idea for controlling child labor? A theoretical investigation
   Journal of Development Economics, 2009, 88, (2), 217-220

2008

4. Literacies, Identities and Social Change: Interdisciplinary Approaches to Literacy and Development
   The Journal of Development Studies, 2008, 44, (6), 769-778
5. The Enigma of India
   Journal of Economic Literature, 2008, 46, (2), 396-406

2007

6. Coercion, contract and the limits of the market
   Social Choice and Welfare, 2007, 29, (4), 559-579
   See also Working Paper (2006)
7. The pattern and causes of economic growth in India
   Oxford Review of Economic Policy, 2007, 23, (2), 143-167
   See also Working Paper (2007)
8. Utilitarianism for infinite utility streams: A new welfare criterion and its axiomatic characterization
   Journal of Economic Theory, 2007, 133, (1), 350-373 View citations
   See also Working Paper (2003)

2006

9. Consumer Cognition and Pricing in the Nines in Oligopolistic Markets
   Journal of Economics & Management Strategy, 2006, 15, (1), 125-141 View citations
10. Gender and Say: a Model of Household Behaviour with Endogenously Determined Balance of Power
    Economic Journal, 2006, 116, (511), 558-580 View citations
    See also Working Paper (2004)
11. Globalization, poverty, and inequality: What is the relationship? What can be done?
    World Development, 2006, 34, (8), 1361-1373 View citations
    See also Working Paper (2005)
12. International credit and welfare: A paradoxical theorem and its policy implications
    European Economic Review, 2006, 50, (6), 1507-1528
    See also Working Paper (2005)

2005

13. Child labor and the law: Notes on possible pathologies
    Economics Letters, 2005, 87, (2), 169-174 View citations
    See also Working Paper (2004)
14. Racial conflict and the malignancy of identity
    Journal of Economic Inequality, 2005, 3, (3), 221-241 View citations
    See also Working Paper (2005)

2003

15. Aggregating Infinite Utility Streams with InterGenerational Equity: The Impossibility of Being Paretian
    Econometrica, 2003, 71, (5), 1557-1563 View citations
    See also Working Paper (2003)
16. Child Labor and Development: An Introduction
    World Bank Economic Review, 2003, 17, (2), 145-146 View citations
17. Efficiency Pricing, Tenancy Rent Control and Monopolistic Landlords
    Economica, 2003, 70, (278), 223-232 View citations
18. Globalization and the Politics of International Finance: The Stiglitz Verdict
    Journal of Economic Literature, 2003, 41, (3), 885-899 View citations
    See also Working Paper (2003)
19. The Economics and Law of Sexual Harassment in the Workplace
    Journal of Economic Perspectives, 2003, 17, (3), 141-157 View citations
    See also Working Paper (2003)
20. The Global Child Labor Problem: What Do We Know and What Can We Do?
    World Bank Economic Review, 2003, 17, (2), 147-173 View citations
    See also Working Paper (2003)

2002

21. A note on multiple general equilibria with child labor
    Economics Letters, 2002, 74, (3), 301-308 View citations

2001

22. Is literacy shared within households? Theory and evidence for Bangladesh
    Labour Economics, 2001, 8, (6), 649-665 View citations

2000

23. Interlinkage, limited liability and strategic interaction
    Journal of Economic Behavior & Organization, 2000, 42, (4), 445-462 View citations
    See also Working Paper (1999)
24. The Economics of Tenancy Rent Control
    Economic Journal, 2000, 110, (466), 939-62 View citations
25. The Intriguing Relation between Adult Minimum Wage and Child Labour
    Economic Journal, 2000, 110, (462), C50-61 View citations
    See also Working Paper (1999)

1999

26. Child Labor: Cause, Consequence, and Cure, with Remarks on International Labor Standards
    Journal of Economic Literature, 1999, 37, (3), 1083-1119 View citations
    See also Working Paper (1998)
27. The Economics of Child Labor: Reply
    American Economic Review, 1999, 89, (5), 1386-1388 View citations

1998

28. Comment on P. Dasgupta, "The Economics of Poverty in Poor Countries."
    Scandinavian Journal of Economics, 1998, 100, (1), 69-72
29. On Measuring Literacy
    Economic Journal, 1998, 108, (451), 1733-49 View citations
    See also Working Paper (1998)
30. The Economics of Child Labor
    American Economic Review, 1998, 88, (3), 412-27 View citations

1997

31. On Misunderstanding Government: an Analysis of the Art of Policy Advice
    Economics and Politics, 1997, 9, (3), 231-250
32. The Babu and Boxwallah: Managerial Incentives and Government Intervention in a Developing Economy
    Review of Development Economics, 1997, 1, (1), 71-90 View citations
33. Why are so many goods priced to end in nine? And why this practice hurts the producers
    Economics Letters, 1997, 54, (1), 41-44 View citations

1996

34. Bargaining with set-valued disagreement
    Social Choice and Welfare, 1996, 13, (1), 61-74
35. Relief programs: When it may be better to give food instead of cash
    World Development, 1996, 24, (1), 91-96 View citations

1995

36. A model of monopoly with strategic government intervention
    Journal of Public Economics, 1995, 57, (1), 25-43 View citations
37. Civil institutions and evolution: Concepts, critique and models
    Journal of Development Economics, 1995, 46, (1), 19-33 View citations
38. Stackelberg equilibrium in oligopoly: An explanation based on managerial incentives
    Economics Letters, 1995, 49, (4), 459-464 View citations

1994

39. Group Rationality, Utilitarianism, and Escher's Waterfall
    Games and Economic Behavior, 1994, 7, (1), 1-9 View citations
40. Report of the IEA Committee on a new School of Economics and Economic Development (SEED) in the Third World
    Journal of Public Economics, 1994, 55, (1), 1-18
41. The Traveler's Dilemma: Paradoxes of Rationality in Game Theory
    American Economic Review, 1994, 84, (2), 391-95 View citations

1992

42. A characterization of the class of rationalizable equilibria of oligopoly games
    Economics Letters, 1992, 40, (2), 187-191 View citations
43. A geometry for non-Walrasian general equilibrium theory
    Journal of Macroeconomics, 1992, 14, (1), 87-103
44. Collusion in finitely-repeated oligopolies
    International Journal of Industrial Organization, 1992, 10, (4), 595-609 View citations
    See also Working Paper (1990)
45. Limited liability and the existence of share tenancy
    Journal of Development Economics, 1992, 38, (1), 203-220 View citations
46. Notes on bribery and the control of corruption
    Journal of Public Economics, 1992, 48, (3), 349-359 View citations
47. The broth and the cooks: A theory of surplus labor
    World Development, 1992, 20, (1), 109-117

1991

48. Fragmented duopoly: Theory and applications to backward agriculture
    Journal of Development Economics, 1991, 36, (2), 145-165 View citations
49. Strategy subsets closed under rational behavior
    Economics Letters, 1991, 36, (2), 141-146 View citations
    See also Working Paper (1990)

1990

50. Bargaining without convexity: Generalizing the Kalai-Smorodinsky solution
    Economics Letters, 1990, 33, (2), 115-119 View citations
51. Duopoly equilibria when firms can change their decision once
    Economics Letters, 1990, 32, (3), 283-287
52. Entry-Deterrence in Stackelberg Perfect Equilibria
    International Economic Review, 1990, 31, (1), 61-71 View citations
53. On the Non-existence of a Rationality Definition for Extensive Games
    International Journal of Game Theory, 1990, 19, (1), 33-44 View citations

1989

54. A Theory of Association: Social Status, Prices and Markets
    Oxford Economic Papers, 1989, 41, (4), 653-71 View citations
55. Technological Stagnation, Tenurial Laws, and Adverse Selection
    American Economic Review, 1989, 79, (1), 251-55 View citations

1988

56. Strategic irrationality in extensive games
    Mathematical Social Sciences, 1988, 15, (3), 247-260 View citations

1987

57. Axioms for a fuzzy measure of inequality
    Mathematical Social Sciences, 1987, 14, (3), 275-288 View citations
58. Disneyland monopoly, interlinkage and usurious interest rates
    Journal of Public Economics, 1987, 34, (1), 1-17 View citations
59. Modeling finitely-repeated games with uncertain termination
    Economics Letters, 1987, 23, (2), 147-151
60. Monopoly, quality uncertainty and 'status' goods
    International Journal of Industrial Organization, 1987, 5, (4), 435-446 View citations
61. The growth and decay of custom: The role of the new institutional economics in economic history
    Explorations in Economic History, 1987, 24, (1), 1-21 View citations
    See also Working Paper (1987)

1986

62. One Kind of Power
    Oxford Economic Papers, 1986, 38, (2), 259-82 View citations
63. The market for land: An analysis of interim transactions
    Journal of Development Economics, 1986, 20, (1), 163-177 View citations

1985

64. Commitment and entry-deterrence in a model of duopoly
    Economics Letters, 1985, 18, (2-3), 265-269
65. Poverty Measurement: A Decomposition of the Normalization Axion [Cardinal Utility, Utilitarianism and a Class of Invariance Axioms in Welfare Analysis] [Poverty: An Ordinal Approach to Measurement]
    Econometrica, 1985, 53, (6), 1439-43

1984

66. Fuzzy revealed preference theory
    Journal of Economic Theory, 1984, 32, (2), 212-227 View citations
67. Implicit Interest Rates, Usury and Isolation in Backward Agriculture
    Cambridge Journal of Economics, 1984, 8, (2), 145-59 View citations
68. The Right to Give up Rights
    Economica, 1984, 51, (204), 413-22 View citations
69. Utility measurement: A direct proof of Lange's conjecture
    Economics Letters, 1984, 15, (3-4), 219-221

1983

70. Cardinal utility, utilitarianism, and a class of invariance axioms in welfare analysis
    Journal of Mathematical Economics, 1983, 12, (3), 193-206 View citations
71. The Emergence of Isolation and Interlinkage in Rural Markets
    Oxford Economic Papers, 1983, 35, (2), 262-80 View citations

1982

72. Determinateness of the Utility Function: Revisiting a Controversy of the Thirties
    Review of Economic Studies, 1982, 49, (2), 307-11 View citations

1980

73. Optimal Policies in Dual Economies
    The Quarterly Journal of Economics, 1980, 95, (1), 187-96 View citations