Michael Kremer

TL;DR: The authors studied the impact of the PACES program on the bienestar social, económico, and socio-economic, of alumnos of bajos recursos.

TL;DR: In this paper, the authors estimate the offer size which would make the revenues from R&D investments on a malaria vaccine similar to revenues realized from investments in typical existing commercial pharmaceutical products, as well as the degree to which various contract models and assumptions would affect the cost-effectiveness of such a commitment for the case of a vaccine.

TL;DR: In this article, a randomized evaluation suggests that a program which provided official textbooks to randomly selected rural Kenyan primary schools did not increase test scores for the average student, and the results are consistent with the hypothesis that the Kenyan education system and curricular materials are oriented to the academically strongest students rather than to typical students.

TL;DR: In a dynamic game, consumers may delay purchasing durables with positive externalities, such as latrines, anticipating greater future subsidies as discussed by the authors, potentially causing policymakers who would otherwise prefer taxes or regulation to abandon such policies.

TL;DR: In this paper, the authors analyze the problem faced by governments in determining the scale and structure of procurement for vaccines and find that if the goal is to accelerate the vaccine delivery timetable, buyers should directly fund manufacturing capacity and shoulder most of the risk of failure.