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This collection of essays covers a diverse set of topics related to
household behavior and welfare. Prices play a key role in several
of the essays, particularly the distributional implications of
price movements, and the effects of changes in relative prices on
inequality and poverty. This book shows the shift in the literature
on prices from being an exclusively macro topic featuring the study
of inflation and cross-country comparisons to one that is firmly
rooted in micro theory-based analysis of household behavior. It
also includes recent developments in the poverty measurement
literature, documenting the shift from the exclusively money metric
and unidimensional poverty measures to multidimensional poverty
encompassing a wider view of deprivation. Largely, but not
exclusively, focusing on India, the book also features global
comparisons of welfare. Intra country spatial comparisons along
with cross country comparisons of household behavior and welfare
feature in several of the essays in this book. The book also
compares the effects of selected public delivery schemes in India
on the health of its children. It is a useful resource for
researchers and serves as reading material for advanced graduate
courses on development in India and elsewhere.
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