The perpetual inventory method used for the construction of education data per country leads to systematic measurement … error. This paper analyses the effect of this measurement error on GDP regressions. There is a systematic difference in the … the measurement error. The standard attenuation bias suggests that using these corrected data would lead to a higher …

used as a meaningful basis for targeting and poverty measurement. … aim to reflect local perceptions of poverty. This paper demonstrates how such a measure can be constructed, using data … from a field experiment on poverty targeting in Indonesia. It then explores the potential impact of using this welfare …

This paper demonstrates that well-established biases in decision making under uncertainty can generate poverty traps. A … erroneously undervalue profitable investments, and ii) poverty increases the magnitude of these investment errors. The model … predicts that poverty is perpetuated by inducing poor individuals to underinvest in profitable opportunities to a greater …

macroeconomic model with adaptive learning. It is a companion to Christopeit & Massmann (2017, Econometric Theory) which considers …