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postgradecon · 2009 October 29th, 04:17 AM

However, Persson's first affiliation is with Stockholm. He spends most of his time there I think.

Harry Lime · 2009 October 29th, 04:47 AM

Quote:

Originally Posted by JohnMcClane

please don't tell me about Harvard and MIT, I am not wasting my money by applying there.

That makes one of you.

good_tea · 2009 October 29th, 12:18 PM

Ah I had replied but my reply got lost.

JohnMcClane: I am interested in empirical development and don't know what places good for theory in trade or political economy.

As for other areas of micro-theory widely used in development, of course game theory. However, I don't know how much game theory is applicable to developing countries (or applicable to anything at all for that matter). I get the impression that contract theory is overall a more applied field than game theory, but I don't know if this is true. Perhaps someone who knows could comment.

I didn't think of this earlier, but behavioural economics seems like another good field for someone interested in development theory. I am assuming you have read these exchange of views: [ahh- I can't posts links, search for "
New Directions in Development Economics: More Theory or More Empirics" in google]. Several people mentioned the increasing importance of behavioural economics type models in development.

z109620: I agree in part and think that human capital is certainly by far the most common research topic in micro-development today. I geuss it is much more tractable than a lot of other important topics. Aid, however, I don't think is such a big topic in professional literature (it is more common in general audience economics literature) and the research is more macro than micro.

JohnMcClane · 2009 October 29th, 09:10 PM

z109620: Thanks for the input. I am not really interested in relocating to London, so I guess I will take a pass on LSE. As per the current state of development, I am sad that development theory is not too big nowadays as that is what I am most interested in. Anyways, my prof today was telling me that esther duflo may soon win the nobel prize ...

good_tea: Thanks for pointing me to the article New Directions ... it was very interesting ... Like BBM, I am very skeptic of applied econometrics ... even with respect to micro ... however ... randomnization trials seems to make sense ... I can see how randomnization may create concrete understanding regarding development issues ... but oh well ... are you currently in a phd program?

postgradecon · 2009 October 30th, 12:16 AM

Quote:

Originally Posted by JohnMcClane

Anyways, my prof today was telling me that esther duflo may soon win the nobel prize ...

"Soon" might be exaggerating haha.

Gecko · 2009 October 30th, 06:08 AM

it still too early for her work ~

good_tea · 2009 October 30th, 09:40 AM

JohnMcClane: No, I am not in a phd program, I finished undergrad recently and am applying to phd programs to start in Fall 2010. So I really have no right to talk with authority!

KGkhan23 · 2009 October 30th, 09:40 PM

Maitreesh Ghatak

JohnMcClane · 2009 October 30th, 09:41 PM

Quote:

Originally Posted by good_tea

JohnMcClane: No, I am not in a phd program, I finished undergrad recently and am applying to phd programs to start in Fall 2010. So I really have no right to talk with authority!

I was asking only because you seem to know a lot ... well best of luck for all of us applying this year!

JohnMcClane · 2009 October 30th, 09:58 PM

Thanks KGKhan ... Ghatak's research looks interesting ... anyone else at LSE ... you suggest?

2009 October 29th, 04:17 AM	#11 (permalink)
postgradecon Within my grasp! Join Date: Apr 2009 Posts: 155	However, Persson's first affiliation is with Stockholm. He spends most of his time there I think. _ _ _ _ SIG _ _ _ _ Attending UBC PhD 2009!

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2009 October 29th, 12:18 PM	#13 (permalink)
good_tea I JUST got here. Join Date: Aug 2007 Posts: 24	Ah I had replied but my reply got lost. JohnMcClane: I am interested in empirical development and don't know what places good for theory in trade or political economy. As for other areas of micro-theory widely used in development, of course game theory. However, I don't know how much game theory is applicable to developing countries (or applicable to anything at all for that matter). I get the impression that contract theory is overall a more applied field than game theory, but I don't know if this is true. Perhaps someone who knows could comment. I didn't think of this earlier, but behavioural economics seems like another good field for someone interested in development theory. I am assuming you have read these exchange of views: [ahh- I can't posts links, search for " New Directions in Development Economics: More Theory or More Empirics" in google]. Several people mentioned the increasing importance of behavioural economics type models in development. z109620: I agree in part and think that human capital is certainly by far the most common research topic in micro-development today. I geuss it is much more tractable than a lot of other important topics. Aid, however, I don't think is such a big topic in professional literature (it is more common in general audience economics literature) and the research is more macro than micro.

2009 October 29th, 09:10 PM	#14 (permalink)
JohnMcClane Eager! Join Date: Dec 2008 Posts: 41	z109620: Thanks for the input. I am not really interested in relocating to London, so I guess I will take a pass on LSE. As per the current state of development, I am sad that development theory is not too big nowadays as that is what I am most interested in. Anyways, my prof today was telling me that esther duflo may soon win the nobel prize ... good_tea: Thanks for pointing me to the article New Directions ... it was very interesting ... Like BBM, I am very skeptic of applied econometrics ... even with respect to micro ... however ... randomnization trials seems to make sense ... I can see how randomnization may create concrete understanding regarding development issues ... but oh well ... are you currently in a phd program?

2009 October 30th, 06:08 AM	#16 (permalink)
Gecko This user's posts are moderated. Join Date: May 2008 Posts: 1,081	it still too early for her work ~

2009 October 30th, 09:40 AM	#17 (permalink)
good_tea I JUST got here. Join Date: Aug 2007 Posts: 24	JohnMcClane: No, I am not in a phd program, I finished undergrad recently and am applying to phd programs to start in Fall 2010. So I really have no right to talk with authority!

2009 October 30th, 09:40 PM	#18 (permalink)
KGkhan23 TestMagic Guru-in-Training Join Date: Feb 2008 Posts: 544	Maitreesh Ghatak

2009 October 30th, 09:58 PM	#20 (permalink)
JohnMcClane Eager! Join Date: Dec 2008 Posts: 41	Thanks KGKhan ... Ghatak's research looks interesting ... anyone else at LSE ... you suggest?

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