In this paper, we argue that economists can learn a great deal from the design principles implemented in medical research. We develop a theoretical model to show the logic of adaptive sequential experiment design in the presence of uncertainty over negative effects and discuss how to choose...

Although food security measurement has been substantially expanded in recent decades, there persists significant dissatisfaction with existing measurement systems, especially in the wake of the global food and financial crisis. In this paper we first set out a list of criteria that an ideal food...

Public Expenditures, Growth, and Poverty assesses the efficacy of poverty reduction programs in Latin America, Africa, and Asia by synthesizing studies conducted by the International Food Policy Research Institute over the past ten years. Overall, the studies find that investments in...

Wage or employment subsidies have been used in both developed and developing countries to raise employment levels. Various advisers to the South African government have endorsed wage subsidies as a policy measure to deal with this countrys massive unemployment problem. This paper takes stock of...