Journal ArticleDOI
Measuring subjective expectations in developing countries: A critical review and new evidence
TLDR
The authors provided a critical review and new analysis of subjective expectations data from developing countries and found that people in developing countries can generally understand and answer probabilistic questions, such questions are not prohibitive in time to ask, and the expectations are useful predictors of future behavior and economic decisions.About:
This article is published in Journal of Development Economics.The article was published on 2009-01-01. It has received 365 citations till now. The article focuses on the topics: Survey data collection & Developing country.read more
Citations
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Journal ArticleDOI
The (Perceived) Returns to Education and the Demand for Schooling
TL;DR: The authors found that the perceived returns to secondary school are extremely low, despite high measured returns, and that students at randomly selected schools given information on the higher measured returns completed on average 0.20-0.35 more years of school over the next four years than those who were not.
Journal ArticleDOI
Micro-Loans, Insecticide-Treated Bednets and Malaria: Evidence from a Randomized Controlled Trial in Orissa (India)
Alessandro Tarozzi,Aprajit Mahajan,Brian G. Blackburn,Dan Kopf,Lakshmi Krishnan,Joanne Yoong +5 more
TL;DR: Findings from the first large-scale cluster randomized controlled trial in a developing country that evaluates the uptake of a health-protecting technology, insecticide-treated bednets, through micro-consumer loans, as compared to free distribution and control conditions are described.
Journal ArticleDOI
A land of milk and honey with streets paved with gold: Do emigrants have over-optimistic expectations about incomes abroad?
TL;DR: In this article, the authors combine a natural emigration experiment with unique survey data on would-be emigrants' probabilistic expectations about employment and incomes in the migration destination, and find a significant underestimation of both unconditional and conditional labor earnings at all points in the distribution.
Markets and famines.
TL;DR: In this paper, a theory is presented which shows how the sharp increases in mortality observed during famines can arise without a decline in aggregate food availability, and a detailed empirical study of the causes of the adverse changes of food distribution which led to high mortality during the 1974 famine in Bangladesh.
Report SeriesDOI
Group lending or individual lending? Evidence from a randomised field experiment in Mongolia
TL;DR: In this paper, a randomised field experiment in rural Mongolia was conducted to investigate the impact of group and individual lending on food consumption and entrepreneurship, and the authors found that among households that were offered group loans, the likelihood of owning an enterprise increases by 10 percent more than in control villages.
References
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Book
Judgment Under Uncertainty: Heuristics and Biases
Amos Tversky,Daniel Kahneman +1 more
TL;DR: The authors described three heuristics that are employed in making judgements under uncertainty: representativeness, availability of instances or scenarios, and adjustment from an anchor, which is usually employed in numerical prediction when a relevant value is available.
Journal ArticleDOI
Judgment Under Uncertainty: Heuristics and Biases.
TL;DR: Three heuristics that are employed in making judgements under uncertainty are described: representativeness, availability of instances or scenarios, which is often employed when people are asked to assess the frequency of a class or the plausibility of a particular development.
Posted Content
Migration unemployment and development: a two-sector analysis.
Harris,Michael P. Todaro +1 more
TL;DR: In this paper, the authors examined why rural-urban labor migration persists and is even increasing in many developing nations despite the existence of positive marginal products in agriculture and significant levels of urban unemployment, and concluded that in the absence of wage flexibility an optimal policy would include both partial wage subsidies or direct government employment and measures to restrict free migration.
Book ChapterDOI
The Costs and Returns of Human Migration
TL;DR: In this paper, the influence of migration as an equilibrating mechanism in a changing economy has been examined and it is shown that the movements of migrants clearly are in the appropriate direction, but we do not know whether the numbers are sufficient to correct income disparities as they emerge.
Book
The Psychology of Survey Response
TL;DR: In this article, the role of memory in response to survey questions is discussed. And the impact of the application of cognitive models to survey measurement is discussed, as well as the effect of these models on survey reporting of sensitive topics.
Related Papers (5)
Using Expectations Data to Study Subjective Income Expectations
Jeff Dominitz,Charles F. Manski +1 more