- Are regression-discontinuity designs ok for election studies? The Monkey Cage summarizes a new paper which says yes.
How many points do you need to qualify to migrate to Australia? What is the cost of applying? How much money do you need to set up a bank account in the Cayman Islands? What is the procedure for getting money out of these accounts when you want to spend it?
Shifting from opt-in to opt-out defaults is one of the clearest success stories for policy to emerge from behavioral economics, as evidenced by the large increases in organ donor rates and contributions to retirement savings plans obtained when opt-out defaults are used instead of opt-in.
However, there are several limits of opt-out policies:
· On the All about Finance blog, Bilal Zia summarizes the findings of his financial literacy through Soap Operas experiment in South Africa.
· The Indecision blog continues its series on the 7 sins of consumer psychology research - number 6 on over-generalization is a useful read: “Once an effect has been reported in a published paper (especially if it is by a famous author in a prestigious journal), we tend to treat it as gospel, again forgetting that this effect may be more context-specific than a quick readin
International mobility of people is measured much less accurately than that of goods or finances. The most common sources of global data are from national censuses, which occur only every 10 years (and take years more to come out). Specialized surveys in some countries allow more frequent measurement of some flows, but such data are still relatively rare, and poorly suited to studying short-term migration movements.
· New data on remittance prices worldwide just released by the World Bank – the most costly corridor is sending money from South Africa to Malawi, which averages $48 costs on a $200 transaction!
Arun Agrawal, of the University of Michigan School of Natural Resources and Environment, is the new editor of the journal World Development. He graciously agreed to continue our series of Q&As with journal editors.
Development Impact: You have taken over recently as editor of World Development. Tell us briefly about your vision for the journal – how do you aim to differentiate World Development from other development journals?