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What happens when we take an elegant theory model too literally, are cows really the answer to poverty, the dangers of heterogeneity w.r.t. a baseline X, and more - I discuss the new @deankarlan.bsky.social & co-authors revisiting of a seminal poverty trap paper blogs.worldbank.org/en/impacteva...
blogs.worldbank.org
The dangers of taking theory too literally, of log(x/a+1) transforms, and place versus cows in determining poverty dynamics
9d
David McKenzie