Webinar: Michele De Nadai, UNSW, The Insights and Illusions of Consumption Measurements: Evidence from a Large Scale Experiment

Title: The Insights and Illusions of Consumption Measurements: Evidence from a Large Scale Experiment

Abstract: Although household well-being is anchored in long-term average rates of consumption, welfare monitoring in the developing world typically relies on short-term snapshots from household surveys. We use a large-scale randomization to identify the distribution of long-term rates from repeated snapshots measurements collected on one survey occasion. Identification stems from diary-recall differences in reports from the same household, does not require these reports to be error-free, and hinges on a research design with broad replicability. Our strategy delivers cost-effective suggestions for designing survey modules to yield the most accurate measurements of poverty and well-being.

Presenter: Michele De Nadai, Univesity of New South Wales Business School

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