Learning to Value Causal Evidence | Decision Intelligence News | Scoop.it
From blogs.worldbank.org - March 2, 2022 12:40 PM

"The folks who went through the econometrics course were willing to pay about $9.50 out of their own pocket and around $5000 out of public funds for this evidence. They are significantly less likely to use public funds for correlational data. And there is no change in the amount they would pay for advice from a senior bureaucrat. After getting the signal, the amounts they would pay for causal evidence go up.…

 

All in all, this is a fascinating study. Mehmood and co. make great use of administrative data (the Academy gave them pretty comprehensive access). They capture a range of different behaviors to help convince us the change is real. And they show us the difference a curriculum can make in shaping how policymakers think about making policy decisions. Last, but not least, since this is a set of folks who are definitely not at the beginning of their careers, this demonstrates the importance of continuing education."