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With no ethics to worry about, what amazing advances could economics make?

David McKenzie's picture

The Telegraph has an article on seven scientific experiments that would have large pay-offs to science, but which would be completely unethical. Examples include separating twins at birth, testing new chemicals on humans, and cross-breeding a human with a chimpanzee. For each, they discuss the scientific premise, and the payoffs to science if it were to be accomplished.

The Impact of Blogs Part II: Blogging enhances the blogger’s reputation. But, does it influence policy?

David McKenzie's picture

On Monday, we examined the impact of blogs on downloads and citations. Today, in Part II (of a three or four part series over two weeks), we present our findings (and detail our efforts in doing so) to see whether blogging improves the blogger’s reputation as part of our paper in progress.

Does psycho-social support to the chronically poor reduce poverty?

Jed Friedman's picture

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?

The Impact of Economic Blogs - Part I: Dissemination (aka check out these cool graphs!)

David McKenzie's picture

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.

Lab Psychiatry and Field Economics: does media violence cause crime?

Berk Ozler's picture

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.

What is the “good life”? Can we measure it?

Jed Friedman's picture

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.

Getting serious about learning how to overcome women’s economic barriers

Markus Goldstein's picture

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.   

New research on getting people into jobs

David McKenzie's picture

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.

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