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Suppose that policymakers in your country are interested in learning about the relative importance of different barriers to educational attainment among the poor. One group of officials believes that the high costs of education are the major constraint while another group believes that what matters is a lack of information on the returns to education. Some economists at the World Bank offer theoretical arguments as to why both constraints matter and interact with each other. You are granted a budget to design a randomized experiment with 10,000 poor households. You can construct up to three treatment arms in this experiment.
(a) How would you select the 10,000 households to be in your study?
(b) Describe up to three treatments that you would use to determine which of the three hypotheses is correct. How would you assign the 10,000 households across treatment and control groups?
(c) Describe the research design in terms of (i) the key dependent variables of interest, and (ii) the procedure to estimate the treatment effects.
(d) Do you need to have a baseline survey in order to identify the causal impact of the treatments? Or can you just use a single follow-up survey? Explain.
The EPA Administrator has decided that the equilibrium you have identified above can be achieved by creating a market and selling green house gases at the equilibrium price you have identified above. This means that this market will work exactly like..
There are N hostages and one bad guy, who needs a password from the hostages. One by one, the bad guy asks each hostage for the password. If the hostage squeals, the game ends; otherwise, the hostage dies, and the bad guy moves on to the next hostage..
What steps can a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept.
The euro has been depreciating against the $ for the past several months. The proximate cause of this depreciation is actions taken by the European Central Bank (ECB). What were those actions? Why did the ECB take those actions?
A house painting business had revenues of $17,600 and expenses of $10,600 last summer. There were no depreciation expenses. However, the business reported the following changes in working capital:
If you've ever used a drive up window for banking, you've probably noticed that the buttons have Braille dots on them. This is puzzling because blind people don't drive cars and don't use drive through banking. Why is it that keypad buttons on drive ..
Compute the year-to-year growth rates of real GDP. Can you identify the recession that occurred during this period?
who expend resources to ensure that y only buy IPOs that will yield positive returns over time and uninformed investors who buy stock indiscriminately and without information (Rock, 1986, p. 190). Could IPOs Be Lemons.
verify the excess burden can also be calculated using this formula.
q1. george if purchases 4 sodas at 2 each he can buy 4 pretzels at 5 each. this will leave george with 0 dollars and 1
A perfectly competitive firm has Marginal Rate of Technical Substitution for labor with capital K/L . That is ?MRTS?_LK=K/L. The prices of labor and capital are P_L=1 and P_K=2 dollars respectively. The firm has decided that the lowest total cost the..
Suppose that annual income from a rental property is expected to start at $1,350 per year and decrease at a uniform amount of $55 each year after the first year for the 12-year expected life of the property. The investment cost is $8,200, and i is 9%..
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