In 2000, over seventy percent of Indias population, and roughly three quarters of its poor, lived in
rural areas. The main livelihood in rural India remains agriculture, an activity characterized by
significant time-lags in produ
Why the emphasis Duflo places on randomized trials?
Lets think through a simple question. Suppose we wanted to test whether our
production function looks the way we think it does.
Weve already suggested a bunch of reasons that returns to capital
Problem Set 1, Fall 2016
4 questions, 25 points each.
1): In Esther Duflos talk on TED.com, she starts by making the claim that we simply
do not know whether foreign aid has been effective, and then proposes several
alternate policies where she says we do
Last time, we saw that it looks like there are high returns to capital, even for very
poor firms. This suggests that borrowing could be really beneficial. Credit market
distortions are thought to be incredibly important in economic development. Let
EEP 152: Advanced Topics in Economic Development
Instructor: Jeremy Magruder (firstname.lastname@example.org)
Information about the course, including the syllabus, outline and lecture notes, will be available on Bspace.
This is a 3-unit course
Opening Thoughts: Economic Development
Macro and Micro Development
Development Economics is the study of poor countries, and how we can use science
to understand which programs, and which types of decisions, can improve the lives
of the worlds poor.
Topic 2: Economic Lives of the Poor
One of the challenges in thinking about the growth of countries is that there is a lot left in the A term.
That is, there are a lot of institutions, infrastructure, policy designs, etc., that could be really important t