- How should we measure what is a high-income country? Martin Ravallion explains and critiques the World Bank definition on the CGD blog.
- Aid Thoughts discusses new work on the value of daycare in Brazilian slums.
- A new From Evidence to Policy note looks at the long-term impact of a conditional cash transfer on education in Colombia-part of the analysis uses admin data on test scores for graduating students – “students whose families received cash grants were between 4 and 8.4 percentage points more likely to graduate from high school; but Students whose families received the cash grants didn’t score higher on the national standardized achievement test given a year before graduation”.
- Classic papers in behavioral finance summed up in a few sentences – Noah Smith gives his take on essential papers in behavioral finance.
- On the IDB Development Effectiveness blog, Dean Yang and co-authors summarize their new study on the use of matching funds to channel remittances towards education in El Salvador.
- Funding opportunity: The World Bank’s Strategic Impact Evaluation Fund (SIEF) has a new call for proposals for work on basic education, water and sanitation, early childhood development, and health systems. Details here.
- Funding opportunity: 3ie has funding available under an agricultural innovation thematic window. This grant window will fund up to 16 new impact evaluations of interventions in the areas of knowledge transfer, contractual arrangements, adoption, and soil health
- Funding opportunity: (Not just for impact evaluations) IZA and DFID are now accepting applications for funding in Phase III of the Growth and Labor Markets in Low Income Countries (GLM | LIC) program. This will fund work on 1. Growth and labor market outcomes, 2. Active labor market policies, 3. Labor market institutions, 4. Migration and labor markets, 5. Gender and 6. Data for labor market analysis. Application materials here.
David McKenzie's blog
There are a number of things we would like to measure for which a direct question may be refused or met with an inaccurate answer. Three new papers demonstrate some of the methods that can be used to help overcome these problems.
- In the LSE Centrepiece, Renata Lemos and Daniela Scur have a short piece summarizing new results from measuring management in retail, health, education and manufacturing in India: “In retail, the top 10% of Indian stores are better managed than 40% of US stores and 57% of UK stores. But in education, only 8% of US schools and 1% of UK schools are less well managed than the best 10% of Indian schools.”
In 2009 the American Economic Association launched four new journals. Over the past five years, the American Economic Journal Applied Economics (AEJ Applied), edited by development economist Esther Duflo, has published a number of development papers related to impact evaluations.
- On the FAI blog, Jonathan Morduch discusses the problems of trying to measure the cost of microfinance and why the profession underfocuses on costs – “if you’re not the kind of person who gets pleasure from filling out income tax forms, you’re probably not the kind of person who enjoys calculating microfinance subsidies”.
- On the IDB First steps blog, evidence from CCT programs that the long-term impacts are greater when kids get this in the womb and in their first two years of life versus even when aged 2 to 5: children who were exposed to the CCT while in-utero and during the first two years of life score 0.15 standard deviations higher in the cognitive development assessment than those boys who were exposed to the program when they were 2 to 5 years old.
Standard economic theory would suggest that a one-time infusion of cash should have at most a temporary effect on business profitability – over time, individuals facing high returns should be able to re-invest business profits and bit-by-bit bootstrap themselves up to the steady-state size. Yet in an experiment I did with Suresh de Mel and Chris Woodruff in Sri Lanka, we find a one-time grant has sustained impacts five years later on male microenterprise owners.
- Call for papers – NEUDC conference November 2-3 at Harvard. This is a fun conference which allows you to see lots of new work in development .
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