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Rocco Macchiavello Curriculum Vitae, December 2010 OFFICE ADDRESS, TELEPHONE & E-MAIL: Economics Department, Phone: Warwick University, +44(0)********** Coventry, CV47AL, U.K. Mobile: +44(0)7405611107 [email protected] PERSONAL: Italian , d.o.b. 24-10-77. CURRENT & PAST POSITION & AFFILIATION: Warwick University, Assistant Professor, September 2009 - Present Kennedy School of Government, Harvard University, Post-Doctoral Fellow, 2010 - Present Other Affiliations: BREAD, CEPR, EUDN, IGC Associate Editor: Journal of Development Economics Nuffield College, Oxford University, Post-Doctoral Fellow, 2006 - 2009 EDUCATION: PhD: London School of Economics, September 2006 Msc. Economics, DELTA, Paris, September 2001 Bsc. Economics and Business, University of Genoa, May 2000 COURSE TOUGHT: Graduate: Microeconomics, Political Economy, Economic Policy Analysis, Current Economic Issues Undergraduate: Advanced Microeconomics, International Economics, Advanced Economic Analysis, Topics in Economic Development. REFEREE ACTIVITY American Economic Review, American Economic Journal: Applied, American Economic Journal: Micro, Review of Economic Studies, Rand Economics Journal, Journal of Development Economics, Journal of the European Economic Association, Economic Journal, Journal of Labor Economics, Journal of Public Economics, Journal of Law Economics and Organization, European Economic Review, B.E.Press, Economica, Journal of Money, Credit and Banking, World Development, Journal of African Economics, Journal of Asian and Pacific Economies, Rocco Macchiavello Global Crime, ESRC, Journal of Comparative Economics, European Economic Association (Glasgow 2010). RECENT SEMINARS AND CONFERENCES (not complete) 2010-11: Sloan, Yale, Boston University, Brown, Duke, NEUDC, IFPRI, Wesleyan, Munich (t.b.c.), Prague (t.b.c.), DFID (t.b.c.) 2009-10: Harvard, Tilburg, Munich, Barcelone, Frankfurt, Turin, Warwick, FAO, BREAD, NEUDC. 2008-09: LSE-UCL, Oxford, Edinburgh, Cambridge, Essex, Bocconi, Munich, Warwick, Dublin, Namur, Southampton, Nottingham, NEUDC, CEPR Development. 2007-08: IIES, SSE, Geneva, Oxford, Bristol, UBC, NEUDC, ESOP-Development Conference (Oslo), NCDE (Stockholm) 2006-07: Namur, CSAE, SOAS, CEPR Development (Paris and Stockholm), ESSET07 2005-06: Amsterdam, Berkeley, Bocconi, Essex, HEC, IFS, IIES, Maryland, Oxford (Nuffield), PSU, ESSFM06, NEUDC HONORS, SCHOLARSHIPS AND FELLOWSHIPS: RES Fellow, Ente Luigi Einaudi, Marie Curie, Allocation de Recherche EHESS, ESRC PhD. Funding, Economica Fellowship (for 2 years) LANGUAGES Italian (mother tongue), English, French, Spanish and Portuguese (basic) COMPLETED PAPERS & PUBLICATIONS: Public Sector Motivation and Development Failures, Journal of Development Economics, March 2008. Vertical Integration and Investor Protection in Developing Countries, Journal of Development Economics, November 2010 Contractual Institutions, Financial Development and Vertical Integration: Theory and Evidence, November 2010, Journal of European Economic Association, forthcoming The Value of Relationships: Evidence from a Supply Shock to Kenya Flower Exports, with Ameet Morjaria, December 2010 The Effects of Violence on an Export Oriented Industry, with Christopher Ksoll and Ameet Morjaria, October 2010 Development Uncorked: Reputation Acquisition in the Market for Chilean Wines in UK, July 2010 Rocco Macchiavello Financing Experimentation, with Mikhail Drugov, November 2010, under review REFERENCES: Prof. Tim Besley Prof. Maitreesh Ghatak Prof. Abhijit Banerjee LSE LSE MIT Email: [email protected] [email protected] [email protected] .

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Curriculum Vitae
DEVAKI GHOSE The World Bank Email: [email protected] Development Economics Research Group (DECRG) Website: sites.google.com/view/devakighose/home 1818 H Street, Citizenship: India Washington, DC, 20433 Gender: Female USA EMPLOYMENT Economist, World Bank DECRG, Trade and International Integration Unit September 2020 EDUCATION: PhD in Economics, University of Virginia May 2020 M.Sc. Economics, University of Virginia December 2015 Master of Science in Quantitative Economics, Indian Statistical Institute, Kolkata May 2013 B.Sc. Economics, St. Xavier’s College, Kolkata May 2011 FIELDS OF INTEREST International Trade, Urban Economics, Development Economics WORKING PAPERS “Trade, Internal Migration, and Human Capital: Who Gains from India’s IT Boom?” (Job Market Paper) “Road Capacity, Domestic Trade and Regional Outcomes,” with Kerem Cosar, Banu Demir, and Nathaniel Young “Offshoring Response to High-Skill Immigration: A Firm-Level Analysis” (with Zhiling Wang) SELECTED WORKS IN PROGRESS “Competition, Wages, and the Emergence of Computer Science Degree Programs in the US,” with Emily Cook and Ekaterina Khmelnitskaya PUBLISHED POLICY WRITINGS “Higher Education Response to India’s IT Boom: Did State Governments Play a Role?” Making Globalization More Inclusive: Lessons from experience with adjustment policies, WTO, 2019 SELECTED RESEARCH AND PROFESSIONAL EXPERIENCE Consultant, World Trade Organization 2018-2019 Research Assistant for Sheetal Shekhri (University of Virginia) 2015 Research Assistant for Maitreesh Ghatak (London School of Economics) 2013-2014 SELECTED CONFERENCE AND SEMINAR PRESENTATIONS (2020-2021): The Paris School of Economics, Erasmus University, Queen Mary University, Federal Reserve Bank of Dallas, Oregon State University, William & Mary, The World Bank (2019-2020): 3rd Mid-Atlantic Trade Workshop (Duke University), 14th Urban Economics Association, 26th FREIT-EIIT (University of Colorado Boulder), Federal Reserve Bank of St.
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Public Goods and Economic Development
Public Goods and Economic Development Timothy Besley, London School of Economics Maitreesh Ghatak, London School of Economics July 27, 2004 1 Introduction E¤ective provision of public goods is a key determinant of quality of life. Con- ventional approaches to poverty measurement look only at private goods, but this view is too narrow. Access to safe drinking water, sanitation, transport, medical care, and schools is essential both as a direct component of well-being as well as an input into productive capability. The rich have the option to seek private alternatives, lobby for better services, or if need be, move to di¤erent areas. The poor frequently do not. The authors are respectively Professor of Economics and Political Science, and Pro- fessor of Economics at the LSE. This paper has been prepared for Policies for Poverty Alleviation (ed.) Abhijit Banerjee, Roland Benabou, and Dilip Mookherjee. We thank Markus Goldstein, Dilip Mookherjee, and Inger Munk for helpful comments. 1 This accentuates deprivation that is measured on a more conventional private consumption basis. Households that appear to enjoy very similar levels of private consumption may in reality enjoy have very di¤erent standards of living once public goods are taken into account. Mechanisms for e¤ective delivery of public goods and services are therefore central to any credible poverty reduction strategy. This is increasingly recognized by development policymakers. For example, the UN’sHuman Development Index published since 1990 is an attempt to take a broader perspective by including indicators like life expectancy and literacy. The World Bank’s World Development Report of 2004 was devoted to the topic of improving public service delivery to the poor.
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Sharecropping, Land Exploitation and Land Improving Investments
Sharecropping, Land Exploitation and Land Improving Investments Tridip Ray ∗ This version: June 2004 Abstract This paper analyzes the tenancy problem in a dynamic set-up and addresses two long-standing issues of inefficiency and lack of investment. It considers the problems that the tenant, with a shorter-term interest in the farm than the landlord, might overexploit the land to maximize immediate returns even at the cost of future dam- ages, and might under-supply long-run productivity improving investments in land. The paper shows that the efficient (first-best) levels of input use and investment can be achieved (both in the steady state and in transition) by a suitable share contract which by dampening incentives to maximize current returns addresses the land exploitation problem, and by an appropriate cost allocation rule which can address the investment problem. Key Words: Share contract, Land exploitation, Land quality dynamics, Alloca- tion rule, Accounting income. JEL Classification: D23, D80, O12, Q15. ∗ Department of Economics, Hong Kong University of Science & Technology, Clear Water Bay, Kowloon, Hong Kong. Tel: (852)2358-7625, Fax: (852)2358-2084, E-Mail: [email protected]. An earlier draft of this paper comprised a chapter of my doctoral dissertation at Cornell University, and I am in- debted to Tapan Mitra, Kaushik Basu and David Easley for their advice and support throughout the work. Thanks are also due to Maitreesh Ghatak, Benjamin Hermalin, Hodaka Morita, Ted O’Donoghue, Debraj Ray, Gerhard Sorger, Susheng Wang and the seminar participants at Cornell, Hong Kong Univer- sity of Science & Technology, University of North Carolina at Chapel Hill, the Midwest Economic Theory Meetings (Michigan, Ann Arbor) and the Northeast Universities Development Consortium Conference (Yale) for helpful comments and discussions.
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Property Rights and Economic Development
Provided for non-commercial research and educational use only. Not for reproduction, distribution or commercial use. This chapter was originally published in the book Handbook of Development Economics, Vol. 5, published by Elsevier, and the attached copy is provided by Elsevier for the author's benefit and for the benefit of the author's institution, for non- commercial research and educational use including without limitation use in instruction at your institution, sending it to specific colleagues who know you, and providing a copy to your institution’s administrator. All other uses, reproduction and distribution, including without limitation commercial reprints, selling or licensing copies or access, or posting on open internet sites, your personal or institution’s website or repository, are prohibited. For exceptions, permission may be sought for such use through Elsevier's permissions site at: http://www.elsevier.com/locate/permissionusematerial From: Timothy Besley and Maitreesh Ghatak, Property Rights and Economic Development. In Dani Rodrik and Mark Rosenzweig, editors: Handbook of Development Economics, Vol. 5, The Netherlands: North-Holland, 2010, pp. 4525-4595. ISBN: 978-0-444-52944-2 © Copyright 2010 Elsevier BV. North-Holland Author's personal copy CHAPTER6868 Property Rights and Economic DevelopmentÃ Timothy Besley and Maitreesh Ghatak Department of Economics, R532, London School of Economics, Houghton Street, London WC2A 2AE, United Kingdom Contents 1. Introduction 4526 2. Resource Allocation and Property Rights 4528 2.1 The role of property rights in limiting expropriation 4529 2.2 Insecure property rights as a barrier to trade 4534 2.3 Optimal assignment of property rights 4545 2.4 Evidence 4552 3.
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Timbesleycvjanuary2016.Pdf
January 2016 Curriculum Vitae TIMOTHY J. BESLEY Department of Economics London School of Economics London WC2A 2AE Tel: (020) 7955 6702 Fax: (020) 7955 6951 Principal Current Positions: School Professor of Economics and Political Science, LSE, (since 2012) W. Arthur Lewis Professor of Development Economics, LSE, (since 2015) Education: 1972-1979: Aylesbury Grammar School, Aylesbury, Buckinghamshire 1983: B.A. (M.A., 1987) Philosophy, Politics and Economics (1st Class), Keble College, Oxford University 1985: M.Phil., Economics, Oxford University 1987: D.Phil., Economics, Oxford University Past Employment: Kuwait Professor of Economics and Political Science, LSE, 2007-2011 External Member (part-time), Monetary Policy Committee, Bank of England 2006-9 Professor of Economics and Political Science, LSE, 1997-2007 Professor of Economics, LSE, 1995-1997 Assistant Professor of Economics and International Affairs, Woodrow Wilson School and Economics Department, Princeton University, 1989-95. Honours/Awards: Honorary Fellow, Keble College, Oxford (2013) Foreign Honorary Member, American Academy of Arts and Sciences (2011) Commander of the Order of the British Empire (CBE) (2010) John von Neumann Award (2010) Foreign Honorary Member, American Economic Association (2007) Yrjö Jahnsson Award (joint-winner 2005) Honorary Doctor, University of Zurich (2005) Fellow of the European Economic Association (2005) Duncan Black Prize for paper “On the Public Choice Critique of Welfare Economics”, (with Stephen Coate), (2003) Fellow of the British Academy (2001) Fellow of the Econometric Society (2000) Richard Musgrave Prize (inaugural winner) for paper “Sales Taxes and Prices: An Empirical Analysis,” (with Harvey Rosen), (2000) Cyril E. Black Preceptorship in the Woodrow Wilson School, Princeton University, (1993- 96) Alfred P.
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Curriculum Vitae
MOUSUMI DUTTA Professor & Head, Economics Department, Presidency University, Kolkata, India 74 Topsia Road South, Sunflower Garden, Flat 3B, Tower I, Kolkata 700046 Office: +9133-40529840 Mobile: +91-9830627937 Date of Birth: 10th July 1970 EDUCATIONAL QUALIFICATIONS Graduation: B.Sc. (Hons. in Economics), Calcutta University, 1991 Post-Graduation: M.Sc. (Economics) Calcutta University, 1993 (First class first, Gold Medallist) M. Phil.: Economics Department, Jadavpur University, 1996. Ph.D.: Economics Department, Calcutta University, 2006, “Economics of Built Heritage Conservation: The Prospect of Calcutta” JOB EXPERIENCE Current position Professor & Head, Department of Economics, Presidency University, 86/1 College Street, Kolkata 700073, INDIA Date of joining 13 September 2012 Past experience Institution Position From To Taki Government College Assistant Professor 27/03/1997 31/07/1998 Bethune College Assistant Professor; Reader 1/08/1998 20/09/2006 Presidency College Reader; Associate Professor 21/09/2006 12/09/2012 * Guest Lecturer in Economics Department, Calcutta University from 2007-2012. CURRENT TEACHING & RESEARCH INTERESTS Teaching interests: Statistics & Econometrics, Microeconomics. Research Interests: Applied Econometrics, Health Economics, Environment Economics RESEARCH PUBLICATIONS Journal publications 1. Economics of Conservation of Built Heritage: A CV Study of Some Heritage Sites of Calcutta, (2004). Indian Economic Review, XXXX(2), pp. 221-243 2. Untapped Demand for Heritage Tourism: A CVM Study of Prinsep Ghat, Calcutta, Tourism Management, (2007). 28(1), pp. 83-95 [Impact Factor – 7.581] 3. Do Working Women Satisfice? Women Workers in the IT Sector, (2008). Indian Journal of Labour Economics, Vol. 51(4), pp. 731-746. 4. An Application of MCDM to Built Heritage: The Case of Calcutta, Journal of Cultural Heritage, (2009).
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CURRICULUM VITAE NAME Maitreesh
CURRICULUM VITAE NAME Maitreesh Ghatak Contact Details Department of Economics, London School of Economics, Houghton Street, London WC2A 2AE, U.K, Telephone: (44) 207 852 3568, Email: [email protected]. Field/Area of specialisation Development Economics, Organizational Economics, Public Economics Education and Degrees 1996, PhD in Economics, Harvard University. 1991, MA in Economics, Delhi School of Economics, University of Delhi. 1989, BSc in Economics, Presidency College, University of Calcutta Principal Current Position Professor of Economics, Department of Economics, London School of Economics (2004-present) Principal Previous Positions Reader in Economics, Department of Economics, London School of Economics (2002- 2004) Assistant Professor of Economics, Department of Economics, University of Chicago (1996-2002) Honours & Awards Fellow of the British Academy, 2018 (Member of Standing Committee, 2020 – present) Fellow of the International Economic Association, 2021 Fellow, Institute for Advanced Studies, Princeton, 2000-01. Journal Editorship Co-Editor (2016 - present) Economica. Editor in Chief (2009-2015) Journal of Development Economics. Managing Editor (2003-2006) Review of Economic Studies. Co-editor (2003-2005) Economics of Transition. Co-Editor (2008 –2009): Journal of Development Economics. Member of Editorial Board (2002-2011): Review of Economic Studies Associate Editor (2009-2012): Journal of Comparative Economics Associate Editor (1998-2004): Economica Other Positions Member, School Promotions Committee (2020 - present)
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EC428: Development and Growth Syllabus
EC428: Development and Growth EC428: Development and Growth Syllabus Professor Maitreesh Ghatak London School of Economics, Michaelmas Term 2020 Background Reading My notes entitled Primer on Contract and Game Theory is a necessary background reading. I will assume you have read it during my lectures and will skip some of the technical details. For empirical methods used in this course, good background readings are • Joshua Angrist and Jörn-Steffen Pischke, 2009, Mostly Harmless Econometrics: An Empiricist's Companion, Princeton University Press. • Scott Cunningham, 2020, Causal Inference: The Mixtape, Yale University Press (a free online version is available: https://mixtape.scunning.com/) Here are two essays by me on the method of Randomized Control Trials (RCTs) in development economics in light of last year’s Nobel Prize: • Maitreesh Ghatak (2019), What lies behind this year's economics Nobel, Ideas for India. • Maitreesh Ghatak (2019), Randomised control trials: Limits and broader application, VoxDev. Here are some articles that discuss methodological aspects of research in development economics, including the pros and cons of using RCTs: • Abhijit Vinayak Banerjee, 2020, Field Experiments and the Practice of Economics, American Economic Review, 110 (7): 1937-51. 1 EC428: Development and Growth • Angus Deaton, 2020, Randomization in the Tropics Revisited: A Theme and Eleven Variations, NBER Working Paper No. 27600, July 2020. • Angus Deaton and Nancy Cartwright, 2018, Understanding and Misunderstanding Randomized Controlled Trials, Social Science & Medicine, Volume 210, August 2018, Pages 2-21. (This is a special issue of the journal that is on the topic of Randomized Controlled Trials and Evidence-based Policy: A Multidisciplinary Dialogue, with several other useful articles).
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Curriculum Vita
Curriculum Vita ABHIJIT VINAYAK BANERJEE DEPARTMENT: Economics DATE OF BIRTH: February 21, 1961 CITIZENSHIP: Indian National United States Permanent Resident EDUCATION INSTITUTION DEGREE DATE Harvard University Ph.D. 1988 Cambridge, Massachusetts Jawaharlal University M.A. 1983 New Delhi, India University of Calcutta B.Sc. 1981 Calcutta, India TITLE OF DOCTORAL THESIS: Essays in Information Economics FELLOWSHIPS AND HONORS: BBVA Foundation Frontiers of Knowledge Award for Development Cooperation, 2009 International Research Fellow, Kiel Institute www.ifw-kiel.de ,2008 Honorary Consultant in PEO, Planning Commission, India, 2008 Albert Hirschman Lecture, 2007 Economic Journal Lecture, 2007 Honorary Visiting Professor, Institute of Development Studies Kolkata, 2006 D. Gale Johnson Lecture, University of Chicago, 2006 Michael Wallerstein Award, American Political Science Association, 2006 IEPR Distinguished Lecture, University of Southern California, 2006 Member, Council of the Econometric Society, 2004- American Academy of Arts and Sciences, Fellow, 2004- Kuznets Lecture, 2004, Yale University National Institutes on Aging Grant “Health Care and Health Status in Rajasthan, India” sub-grant under “Economics of Aging,” 2004 - 2009 Romesh Chandra Dutt Lecturer, 2003, Centre for Studies in Social Sciences, Calcutta. Rev. 8/11/2009 Distinguished Visitor, Washington University, St. Louis, 2003 National Science Foundation Grant “Inequality, Growth & Trade Polic,” 2002-2006 Malcolm Adeshesiah Award, 2001 Mahalanobis Memorial Medal, 2000, India Guggenheim Fellow, 2000 “Creativity Extension” of National Science Foundation Grant 1998-2000 MacArthur Foundation Grant under the Costs of Inequality Project, 1996-2002 Fellow of the Econometric Society, 1996- National Science Foundation Grant, 1995-98 Alfred P. Sloan Research Fellow, 1994-96 Institute for Policy Reform Junior Fellow, 1993 IRIS Scholar, 1993 PROFESSIONAL EXPERIENCE ACADEMIC POSITIONS 2003- Ford Foundation International Professor of Economics, M.I.T.
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5Th West Bengal Growth Conference, Indian Statistical Institute, Kolkata (Organised by the Sampling and Official Statistics Unit and International Growth Centre)
5th West Bengal Growth Conference, Indian Statistical Institute, Kolkata (Organised by the Sampling and Official Statistics Unit and International Growth Centre) Day 1 : 26th December, 2015. Venue: PJA Auditorium and NAB1. Keynote Speaker (10.00am-11.00 am): Bhaskar Dutta (University of Warwick and Ashoka University): Measuring Social Welfare and Growth. Chair: Kaushik Basu (Cornell University and Senior Vice-President and Chief Economist, World Bank) Tea (11.00am-11.15am) Technical Session 1 (11.15am-1.45p.m): 30 mins (including Q & A ) for each speaker. Chair: Ajitava Raychaudhuri (Jadavpur University) Partha Pratim Pal and Manisha Chakrabarty (Indian Institute of Management, Calcutta): A Comparative Study of Special Economic Zones of India with Special Reference to SEZs Operating in West Bengal. Saikat Sinha Roy (Jadavpur University) and Simontini Das (Rabindra Bharati University): How Difficult Is It to Export from West Bengal? An Analysis Based on a Field Survey. Sisir Debnath (Indian School of Business, Hyderabad): Voting Machines and Electoral Fraud: Evidence from India. Souvik Dutta (Indian Institute of Management, Bangalore): Informal Insurance under Individual Liability Loans: Theory and Evidence. Tanika Chakraborty, Reema Kumari (IIT, Kanpur), Anirban Mukherjee (Calcutta University) and Sarani Saha (IIT, Kanpur): A Study on Courts and Start-ups in West Bengal. Lunch (1.45p.m-2.45p.m) Keynote Speaker (2.45 p.m-3.45 p.m): Partha Chatterjee (Centre for Studies in Social Sciences, Calcutta and Columbia University): When Victims Become Rulers: Partition, Caste and Society in West Bengal and Tripura. Chair: Achin Chakraborty (Institute of Development Studies, Kolkata) Technical Session 2 (3.45p.m-5.45p.m): 30 mins (including Q & A) for each speaker.
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Empowerment and Efficiency: the Economics of Agrarian Reform
^CH^J tf §5 IHSiJARIES g M.I.T. LIBRARIES - DEWEY Digitized by the Internet Archive in 2011 with funding from Boston Library Consortium Member Libraries http://www.archive.org/details/empowermentefficOObane dewev working paper department of economics Empowerment And Efficiency: The Economics Of Agrarian Reform Abhijit Banerjee Paul J. Gertler Maitreesh Ghatak October 1998 massachusetts institute of technology 50 memorial drive Cambridge, mass. 02139 WORKING PAPER DEPARTMENT OF ECONOMICS Empowerment And Efficiency: The Economics Of Agrarian Reform Abhijit Banerjee Paul J. Gertler Maitreesh Ghatak No. 98-22 October 1998 MASSACHUSETTS INSTITUTE OF TECHNOLOGY 50 MEMORIAL DRIVE CAMBRIDGE, MASS. 02142 MisACHiisitrs institute OF TECHNOLOGY LIBRARIES Empowerment and Efficiency : The Economics of Agrarian Reform* ** *** Abhijit V. Banerjee * Paul J. Gertler Maitreesh Ghatak * Department oj Economics, M.I.T. **Haas School of Business, University of California at Berkeley "* Department of Economics, University of Chicago and STICERD, LSE. Abstract We analyze the effect of agricultural tenancy laws that offer security of tenure to tenants and regulate the share of output they should pay the landlord as rent on farm productivity. Theoretically, the net impact of tenancy reform is shown to be a combination of two effects. A bargaining power effect tends to improve the crop-share of tenants and hence improves their incentives in general. A security of tenure effect tends to encourage investment by the tenant on one hand, but on the other hand eliminates the possibility of using eviction threats as an incentive device by the landlord. Analysis of evidence on how contracts and productivity changed after a tenancy reform program was implemented in the Indian state of West Bengal in the late seventies suggests that tenancy reform played an important role in increasing agricultural productivity.
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Why Do People Stay Poor?
Why Do People Stay Poor? Clare Balboni, Oriana Bandiera, Robin Burgess, Maitreesh Ghatak, and Anton Heil∗ December 24, 2020 Abstract There are two broad views as to why people stay poor. One emphasizes differences in fun- damentals, such as ability, talent or motivation. The other, poverty traps view, differences in opportunities which stem from differences in wealth. We exploit a large-scale, randomized asset transfer and panel data on 6000 households over an 11 year period to test between these two views. The data supports the poverty traps view - we identify a threshold level of initial assets above which households accumulate assets, take on better occupations and grow out of poverty. The reverse happens for those below the threshold. Structural estimation of an occupational choice model reveals that almost all beneficiaries are misallocated in the work they do at baseline and that the gains arising from eliminating misallocation would far exceed the program costs. Our findings imply that big push policies which transform job opportunities represent a powerful means of addressing the global mass poverty problem. ∗We are grateful to BRAC and particularly to Fazle Abed, Mushtaque Chowdhury, Narayan Das, Mahabub Hossain, W. M. H. Jaim, Imran Matin, Anna Minj, Muhammad Musa, Munshi Sulaiman, Atiya Rahman and Rabeya Yasmin for the collaborative research over the past 14 years that underpins this paper. We also thank Abhijit Banerjee, Michael Carter, Esther Duflo, Marcel Fafchamps, Chang-Tai Hsieh, Supreet Kaur, Joe Kaboski, Dean Karlan, Michael Kremer, Ben Moll, Víctor Quintas-Martínez, Jonathan Old, Debraj Ray, Alejandro Sabal- Bermúdez, Alwyn Young and several seminar participants for comments.
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