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Development Economics: Microeconomic Issues and Policy Models

Course Summary

This course is based on 14.771 Development Economics: Microeconomic Issues and Policy Models, Fall 2008 made available by Massachusetts Institute of Technology: MIT OpenCourseWare under the Creative Commons BY-NC-SA license.
Topics include productivity effects of health, private and social returns to education, education quality, education policy and market equilibrium, gender discrimination, public finance, decision making within families, firms and contracts, technology, labor and migration, land, and the markets for credit and savings. (Video lectures are not available but a full set of lecture notes is included.)

Reading Material

1. Development Microeconomics
Bardhan, Pranab, and Christopher Udry. Development Microeconomics. Oxford, UK: Oxford University Press, 1999. ISBN: 9780198773719.
(Click the button below to see a preview of the book)


2. The Analysis of Household Surveys
Deaton, Angus. The Analysis of Household Surveys. Baltimore, MD: John Hopkins University Press, 1997. ISBN: 9780801852541. (entire book)
(Click the button below to view the entire book online)


3. Understanding Poverty
Banerjee, Abhijit, Roland Benabou and Dilip Mookherjee, eds. Understanding Poverty. Oxford, UK: Oxford University Press, 2006. ISBN: 9780195305203.

4. Development Economics
Ray, Debraj. Development Economics. Princeton, NJ: Princeton University Press, 1998. ISBN: 9780691017068.

5. Empirical Strategies in Labor Economics
Angrist, Josh, and Alan Krueger. "Empirical Strategies in Labor Economics." Chapter 23 in Handbook of Labor Economics. Vol. 3A. Edited by Orley Ashenfelter and David Card. Amsterdam, The Netherlands: North Holland, 1999. ISBN: 9780444501875. (recommended reading)

6. Using Randomization in Development Economics Research: A Toolkit
Amazon logo Duflo, Esther, Rachel Glennerster, and Michael Kremer. "Using Randomization in Development Economics Research: A Toolkit." Chapter 61 in Handbook of Development Economics. Vol. 4. Edited by T. Paul Schultz and John Strauss. Amsterdam, The Netherlands: North Holland, 2008. ISBN: 9780444531001. (recommended reading)

Course Material

1. Nonparametric regression and measurement error
Recitation materials: Nonparametric regression and measurement error
2. Differences-in-differences and clustering
Recitation materials: Differences-in-differences and clustering
3. Questions
Recitation materials: Questions on Acemoglu and Johnson (2006) and Field, Robles, and Torero (2007)
4. A quick review of probit/binary limited dependent variable (LDV) maximum likelihood estimation (MLE)
Recitation materials: A quick review of probit/binary limited dependent variable (LDV) maximum likelihood estimation (MLE)
5. Regression discontinuity, attrition/bounds, and education
Recitation materials: Regression discontinuity, attrition/bounds, and education
6. Consumption insurance and separability
Recitation materials: Consumption insurance and separability
7. Questions on Browning and Chiappori
Recitation materials: Questions on Browning and Chiappori (1998) and empirical tests of efficient households
8. Normal learning and inference with multiple outcomes
Recitation materials: Normal learning and inference with multiple outcomes
9. Herding and technology adoption
Recitation materials: Herding and technology adoption
10. Some contract theory - moral hazard
Recitation materials; Some contract theory - moral hazard
11. Property rights - empirical work
Recitation materials: Property rights - empirical work

Other Resources

Not available.

Software

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