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Many social experiments are run in multiple waves, or are replications of earlier social experiments. In principle, the sampling design can be modified in later stages or replications to allow for more efficient estimation of causal effects. We consider the design of a two-stage experiment for...
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Information asymmetries are important in theory but difficult to identify in practice. We estimate the empirical importance of adverse selection and moral hazard in a consumer credit market using a new field experiment methodology. We randomized 58,000 direct mail offers issued by a major South...
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This paper uses national survey data to estimate up-to-date private rates of return to education in Burkina Faso … results indicate that rates of return rise by level of education, and the public sector does not compensate female primary … education. The findings suggest that current education polices which focus on increasing primary schooling supply be …
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height and weight-for-height, and to education, proxied by years of schooling completed, by level. Biases due to household … who still managed to obtain such an education. Studies evidence is then considered on the wage returns to variation in the …
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recent period. This paper provides estimates of the returns to education in India by gender, age cohort and location (by …-94 using a large national level household survey data. The data show that the returns to education increases up to the … secondary level and declines thereafter. There is evidence of substantial gender and rural-urban differences in the returns to …
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