in Abhijit Banerjee, Roland Benabou and Dilip Mookherjee, What Have We Learned About Poverty?, Oxford University Press, 2006.
Summary. Introduces the idea of aspirations as a socially determined reference point. The paper argues that reachable aspirations serve to inspire, while still higher aspirations could lead to frustration.
Journal of Economic Perspectives 24 (3), Summer, 45-60, 2010.
Summary. In many developing countries, economic growth has been fundamentally uneven. This article takes the reality of “uneven growth” seriously, and uses it as an organizing device for a research program in Development Economics.
(with Dilip Mookherjee), American Economic Review (Papers and Proceedings) 92, 253–259, 2002.
Summary. We explore the view, further developed in our other work, that inequality is an inevitable consequence of the market mechanism.