When we talk about growth, we typically focus on growth rates, and so if we were to look at which countries had the greatest percentage increase in GDP per capita over the last decade (at constant international prices according to the World Development Indicators), we would get a table like this:
David McKenzie's blog
· Haba na haba has a very interesting discussion on the role and ethics of deception in experiments (and an experiment in South Africa which involved deceiving politicians).
The typical arguments made for the conditioning argument of CCTs are usually based on paternalism (people might have incorrect beliefs about the value of education, or parents may have incomplete altruism for their kids), externalities (the social returns to education exceed the private returns so individuals underinvest), or political economy (it is easier to sell transfers to the voters if you make them conditional). A
Development Impact is having a week off due to Memorial Day and dodgy internet connections in remote locations. In the meantime, Markus is looking for someone to work on a number of private sector impact evaluations at the World Bank.
Here is the blurb:
Position Announcement Economist, Africa Region Gender Practice, The World Bank
Economist, Africa Region Gender Practice, The World Bank
· A remarkable sounding experiment – randomizing the freedom to short-sell stocks – is covered on Bloomberg. They worked with a money manager and randomized which stocks they changed the supply of lendable shares in, working with over $580 million in securities.
The new book Uncontrolled by Jim Manzi has attracted a lot of recent press (e.g. see Markus’ recent post for discussion of David Brooks’ take, or this piece in the Atlantic), and makes the argument that there should be a lot more randomized experiments of social programs. I was therefore very interested to order a copy and just finished reading it.
- Book reviews
· Data from all 13 rounds of our Sri Lanka microenterprise survey, along with questionnaires and do files are now all up on Chris Woodruff’s website at Warwick.
I spent Friday and Saturday at the BREAD development conference at Yale (program here). It differs from most conferences - which feature many papers each presented for a short amount of time- by instead having only 7 papers each presented for 1 hour 15 minutes with plenty of spirited discussion.
Development Impact: JDE now has you as the editor plus eight co-editors. How do you assign papers and coordinate with so many co-editors? Also, how are the co-editors are appointed?
· Tim Ogden writes on the mysteries emerging from new work on ways to increase savings - on the FAI blog.