14.771 Development Economics (Fall 2021, MIT OCW). Instructors: Prof. Esther Duflo and Prof. Benjamin Olken. This course is aimed at Ph.D. students in economics. It provides a rigorous introduction to core microeconomic issues in economic development, focusing on both key theoretical contributions and empirical applications to understand both why some countries are poor and on how markets function differently in poor economies. Topics include human capital (education and health); labor markets; credit markets; land markets; firms; and the role of the public sector.
(from ocw.mit.edu)
Lecture 02 - Poverty Traps: Theory
Instructor: Prof. Esther Duflo. Part 1 of 2 of Poverty Traps. The first half discusses the Dasgupta and Ray (1986) model of nutrition-based poverty traps. The second half discusses how to use evidence to test for a poverty trap, focusing on evidence for a nutrition-based poverty trap.