Yesterday the World Bank released their first report on the socioeconomic impacts of Ebola that was based on household data. The report provides a number of new insights into the crisis in Liberia, showing, for example, an unexpected resiliency in agriculture, and broader economic impacts than previously believed in areas outside the main zones of infection. As widely reported, prices for staple crops (such as rice) have jumped well above seasonal increases, but additionally we find an important income effect. We also find the highest prices in the remote southeast of the country, an area that has been relatively unaffected by the disease. The link to the full report can be found here.
Paper 1: List randomization for measuring illegal migration
International mobility of people is measured much less accurately than that of goods or finances. The most common sources of global data are from national censuses, which occur only every 10 years (and take years more to come out). Specialized surveys in some countries allow more frequent measurement of some flows, but such data are still relatively rare, and poorly suited to studying short-term migration movements.
“Everybody lies.” This is the famous refrain of Dr. Gregory House that is repeated in almost every episode of the TV show House. But, we need not need to take our guidance from an eccentric TV character: academics have been heard stating similar sentiments.
This post is coauthored with Francisco Campos
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: