calibrated model
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How are econometric methods applied by researchers in development economics?
How has research featured on VoxDev used different econometric techniques? Here are some examples from recent development economics research, offering insights for students, teachers and academics.
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How central banks lose credibility – and why it matters
Central banks can lose credibility quickly when policy decisions are seen as politically driven. Evidence from Brazil shows that even a single ungrounded policy shift can unanchor inflation expectations and deteriorate inflation dynamics.
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How to make climate policy fair and efficient across countries
Efficient climate policy disproportionately burdens low- and middle-income countries. Modest transfers can make it fair and feasible.
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Rising fertiliser prices hit developing countries hard
When fertiliser prices spike, farmers in countries dependent on fertiliser imports are hit especially hard, and governments must grapple with a range of trade-offs in how they respond.
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Why do many firms start informal before formalising a few years later?
Many formal firms in sub-Saharan Africa only register after operating informally for a few years in order to grow and overcome financial constraints. Evidence from Nigeria suggests that taxes and enforcement – rather than registration costs alone – a...
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Why collectivisation in Vietnam still holds back agricultural productivity decades later
Evidence from Vietnam shows that institutional barriers not only misallocate resources but also discourage farmers from investing in productivity improvements, compounding the losses from misallocation.
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Examples from development economics for your introduction to econometrics course
Economists employ a wide range of econometric methods when conducting research. Here are some examples of how these techniques are used to generate interesting and useful policy insights in development economics.
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City structures are remarkably resilient: Lessons from Hiroshima after the bomb
Agglomeration economies and the coordination of people’s expectations were pivotal to the recovery of central Hiroshima following the atomic bombing.
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How will climate change shape land markets and farm sizes in the developing world?
Evidence from Colombia shows that weather shocks induce a fragmentation of the farm-size distribution and exacerbate the prevalence of small farms in an economy, shedding light on how climate change might lower agricultural productivity in developing...