How Much Should We Trust Differences-in-Differences Estimates?
Most Difference-in-Difference (DD) papers rely on many years of data and focus on serially correlated outcomes. Yet almost all these papers ignore the bias in the estimated standard errors that…
Double/Debiased Machine Learning for Treatment and Structural Parameters
This work revisits the classic semiparametric problem of inference on a low dimensional parameter θ_0 in the presence of high-dimensional nuisance parameters η_0 and proves that DML delivers point estimators that concentrate in a N^(-1/2)-neighborhood of the true parameter values and are approximately unbiased and normally distributed, which allows construction of valid confidence statements.
Schooling and Labor Market Consequences of School Construction in Indonesia: Evidence from an Unusual Policy Experiment
- E. Duflo
- Economics, Education
- 1 May 2000
Between 1973 and 1978, the Indonesian Government constructed over 61,000 primary schools throughout the country. This is one of the largest school construction programs on record. I evaluate the…
The Miracle of Microfinance? Evidence from a Randomized Evaluation
Microcredit has spread extremely rapidly since its beginnings in the late 1970s, but whether and how much is helps the poor is the subject of intense debate. This paper reports on the …rst randomized…
The Diffusion of Microfinance
The results suggest that a model of diffusion can distinguish information passing from endorsement effects, and that understanding the nature of transmission may be important in identifying the ideal places to inject information.
The Economic Lives of the Poor
Survey data is used from 13 countries to document the economic lives of the poor or the extremely poor and their patterns of consumption and income generation as well as their access to markets and publicly provided infrastructure.
Growth Theory Through the Lens of Development Economics
Growth theory has traditionally assumed the existence of an aggregate production function, whose existence and properties are closely tied to the assumption of optimal resource allocation within each…
WOMEN AS POLICY MAKERS: EVIDENCE FROM A RANDOMIZED POLICY EXPERIMENT IN INDIA
This paper uses political reservations for women in India to study the impact of women's leadership on policy decisions. Since the mid-1990's, one third of Village Council head positions in India…
Women Empowerment and Economic Development
- E. Duflo
- 1 January 2012
Women's empowerment and economic development are closely related: in one direction, development alone can play a major role in driving down inequality between men and women; in the other direction,…
Grandmothers and Granddaughters: Old-Age Pensions and Intrahousehold Allocation in South Africa
- E. Duflo
- 1 June 2003
This article evaluates the impact of a large cash transfer program in South Africa on children's nutritional status and investigates whether the gender of the recipient affects that impact. In the…