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Causal mechanisms

Unpacking the Causal Chain of Financial Literacy

Bilal Zia's picture

This blog has now featured a healthy debate between researchers advocating randomized evaluations and those cautioning the overuse of such methods. One point that I believe both sides would agree on is that irrespective of which empirical methods we use, it is important to understand and analyze the causal chain of impact. Such analysis can greatly enhance the external validity of any evaluation.