Published on Development Impact

Weekly links April 10: Online IE education x 3; monkeynomics, surveying under repression, and more…

This page in:
  • Gary King lecture slides on matching for causal inference : or why you shouldn’t use propensity score matching but use other matching approaches instead
  • A Ted talk on economics experiments with monkeys (h/t Emanuela Galasso)
  • The World Bank’s Trade and Competitiveness Global Practice lecture series now has the different speakers’ webstreams archived online. E.g. Chad Syverson on what determines productivity?
  • Dave Evans and Anna Popova have made available the list of education studies (with hyperlinks for most) – drawn from the six reviews that they reviewed in their recent post (and paper) plus one new review – here.
  • Tim Taylor covers highlights from a Federal Reserve of Richmond interview with Dani Rodrik – includes his thoughts on where development economics has gone wrong over time, policy-making in a second best world, and more. “I think it's a classic case of mistaking a model for the model….If you ask most economists, "What kind of a science is economics?," they will give a response that approximates natural sciences like physics, which is that we develop hypotheses and then we test them, we throw away those that are rejected, we keep those that cannot be rejected, and then we refine our hypotheses and move in their direction.This is not how economics works — with newer and better models succeeding models that are older and worse in the sense of being empirically less relevant. The way we actually increase our understanding of the world is by expanding our collection of models. We don't throw out models, we add to them; the library of models expands..”

Authors

David McKenzie

Lead Economist, Development Research Group, World Bank

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