arXiv subjects

Kaibalyapati Mishra

Publications and source records attributed to Kaibalyapati Mishra.

4 recordsLinked to original sources

arXiv2026

The Privilege of Exposure: Caste and Generative AI in India's Graduate Labour Market

Who is exposed to generative AI in a developing-country labour market? We map three occupational AI-exposure indices to India's redesigned Periodic Labour Force Survey (2025) and document a steep caste gradient among 83,000 employed graduates: graduates from the Scheduled Castes and the Scheduled Tribes are 0.24--0.37 standard deviations less exposed than upper-caste graduates within the same district. Two channels drive the gap: one in four SC and one in three ST graduates work in farm or elementary occupations untouched by AI, and those in white-collar work are underrepresented in managerial, software, and finance occupations. Because exposure commands a wage premium of up to 20 per cent, generative AI stands to widen, not narrow, India's caste earnings gap.

econ.GN↗

arXiv2026

Degrees of Devaluation: College Expansion and the Credential Trap in India

India's post-liberalisation higher education expansion was premised on widening credential access for historically excluded groups. We show that the groups most expected to benefit - Scheduled Caste and Scheduled Tribe (SC/ST) workers - instead bore a disproportionate share of the resulting wage cost, a pattern we term the double whammy. We merge eight rounds of the NSS Employment-Unemployment Survey (1987-2011) with a district-level measure of college-expansion intensity built from the All India Survey on Higher Education (AISHE) and estimate reduced-form triple- and quadruple-difference wage specifications across 91 districts in six states (N = 79,904), interacting graduate status, expansion intensity, and post-expansion cohort. The human capital return to a degree remains large and positive throughout (about 1.08 log points), yet the graduate wage premium erodes for post-2004 cohorts in high-expansion districts: non-SC/ST graduates earn roughly 9 per cent less than comparable graduates in low-expansion districts at mean intensity, and SC/ST graduates face an additional penalty of about 34 per cent (a combined shortfall near 43 per cent). The SC/ST differential is statistically indistinguishable from zero before the expansion and emerges only afterwards. Non-graduate placebo and pre-trend tests are broadly consistent with a credential-signalling channel, though we flag the limits of the design rather than claim clean identification. The results suggest that expanding access without commensurate investment in institutional quality can deepen, rather than narrow, labour-market inequality for disadvantaged groups.

econ.GN↗

arXiv2025

Information-Credible Stability in Matching with Incomplete Information

In this paper, I develop a refinement of stability for matching markets with incomplete information. I introduce Information-Credible Pairwise Stability (ICPS), a solution concept in which deviating pairs can use credible, costly tests to reveal match-relevant information before deciding whether to block. By leveraging the option value of information, ICPS strictly refines Bayesian stability, rules out fear-driven matchings, and connects belief-based and information-based notions of stability. ICPS collapses to Bayesian stability when testing is uninformative or infeasible and coincides with complete-information stability when testing is perfect and free. I show that any ICPS-blocking deviation strictly increases total expected surplus, ensuring welfare improvement. I also prove that ICPS-stable allocations always exist, promote positive assortative matching, and are unique when the test power is sufficiently strong. The framework extends to settings with non-transferable utility, correlated types, and endogenous or sequential testing.

econ.TH↗

arXiv2021

Choice of a Mentor: A Subjective Evaluation of Expectations, Experiences and Feedbacks

Recent trends in academics show an increase in enrollment levels in higher education Predominantly in Doctoral programmes where individual scholars institutes and supervisors play the key roles The human factor at receiving end of academic excellence is the scholar having a supervisor at the facilitating end In this paper I try to establish the role of different factors and availability of information about them in forming the basic choice set in a scholars mind After studying three different groups of individuals who were subjected to substitutive choices we found that scholars prefer an approachable, moderately intervening and frequently interacting professor as their guide

econ.GN↗