Psycho-social well-being is a catch-all term that encompasses both psychological and social dimensions of life. This broad domain of welfare is typically correlated with traditional poverty measures – the economic poor also often exhibit low levels of psycho-social health and functioning. But does this correlation capture a causal relation running from low levels of psycho-social health to poverty? And, if so, can intervening in the psycho-social domain reduce poverty?
There is a proliferation of economics blogs, with increasing numbers of famous and not-so-famous economists devoting a significant amount of time to writing blog entries, and in some cases, attracting large numbers of readers. Yet little is known about the impact of this new medium. Together we are writing a paper to try and measure various impacts of economics blogs and thought we’d share the results over a few blog posts – and hopefully get useful comments to improve the paper at the same time.
Today's post comes from guest blogger Arianna Legovini (World Bank).
Over the kitchen counter and with the sound of video games coming from the family room, my friend Marco was telling me how mirror neurons act out the violence and killings we see on movies. Mirror neurons allow humans to read and share emotions. They also mimic what we see, good and bad, and prepare us to act.
Material consumption is the basis of traditional welfare measurement in economic practice. For example
- In standard economic models, an individual’s investment choices are often determined with respect to the discounted streams of expected lifetime consumption under different scenarios.
coauthored with Alaka Holla
So two weeks ago we talked about how we don’t know enough about economically empowering women and last week we talked about power issues when measuring this in “gender-blind” interventions. This week we’d like to make some suggestions about how, with small effort, we could make serious progress in learning meaningful things about how to increase the earning capacity of women.
Jobs or the lack thereof dominate policy discussions around the world, with Governments everywhere facing a shortage of evidence as to which programs work in generating new employment and in helping particular groups of the unemployed find new jobs. I spent part of last week at the NBER summer institute, where papers in the Labor Studies and Entrepreneurship sessions were focused on employment.
You’ve seen the scenario on “Law and Order” many times: the defense lawyer tosses out a wild accusation that the person on the witness stand (or someone else related to the case) is the real killer – with no evidence whatsoever behind it. Jurors have now heard about an alternative suspect for the crime. The judge proclaims that the jurors “must disregard the last statement.” But, can they?
Each year almost 4 million children die within the first four weeks of life, many from preventable or treatable causes. Much programmatic aid is now devoted to devising ways to ensure that simple effective health practices, such as ensuring a more sterile birth environment, are adopted on a wide scale. A number of recent evaluations from South Asia suggest that the active involvement of local women’s groups in problem solving can be among the most cost-effective interventions to prevent deaths.