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measurement

Almost 80 percent of the growth in remittances to developing countries over the past 20 years is an illusion

David McKenzie's picture
Remittances sent by migrant workers to developing countries have soared in the past two decades. According to the World Development Indicators, workers’ remittances to developing countries were just US$47 billion in 1980 (in constant 2011 dollars). After barely rising by 1990 ($49 billion), they doubled by 2000 ($102 billion), and from there, tripled by 2010 ($321 billion).

How stable are time preferences? Mixed evidence from two new studies

David McKenzie's picture
The discount rate used by individuals to trade off utility in the future against utility today is a fundamental parameter of decision theory. It is typically elicited in surveys by asking individuals to make choices between receiving an amount today, and a different amount at some point in the future. There are lots of key design issues involved in doing this (e.g.

Three new papers on measuring stuff that is difficult to measure

David McKenzie's picture
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.

Paper 1: List randomization for measuring illegal migration

Measuring International Mobility Through Where People Log In to Commonly Used Websites

David McKenzie's picture

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.

Economists have experiments figured out. What’s next? (Hint: It’s Measurement)

Berk Ozler's picture

“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.

Power to the people? Taking a look at community driven reconstruction in the DRC

Markus Goldstein's picture

Given the Bank's recent release of a report on community driven development and a recent New York Times article about the intractability of peace in the Democratic Republic of the Congo, I thought it would be worth looking at a recent

Let’s not overstate the achievements of China and India – here are the real growth stars

David McKenzie's picture

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:

Measuring entrepreneurship (I)

Markus Goldstein's picture

This post is coauthored with Francisco Campos

A bat and a ball cost Rs. 1100 in total. The bat costs Rs. 1000 more than the ball. How much does the ball cost?    A culturally appropriate GRE? No, this question comes from the cognitive portion of a test designed to measure entrepreneurship in Sri Lanka. 

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