Randomized controlled trial Current Affairs, GK & News
The Odisha government has decided to partner with Abdul Latif Jameel Poverty Action Lab (J-PAL) for targeted intervention in a set of social sectors including poorest of the poor through policy formulation and evaluations based on experimental research. The co-founders of J-PAL are Nobel laureates Abhijit Banerjee and Esther Duflo. The Massachusettes Institute of Technology ..
Topics: Abdul Latif Jameel Poverty Action Lab • Abhijit Banerjee • Academic disciplines • Center for Global Development • Development economists • Economics • Economists • Esther Duflo • Fellows of the Econometric Society • MacArthur Fellows • Massachusetts Institute of Technology • Randomized controlled trial
The main focus of the Deaton’s study is on measurement issues. In the 1980’s, the research in the economic development was mostly based theoretical and wherever it was empirical, it was based on the aggregate data from nation accounts. And the studies were based on several assumptions about individual consumption behaviour. Deaton questioned the notion ..