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The rapid expansion in the use of remotely sensed data may have outstripped our understanding of the measurement errors embodied in these data and the implications those errors have for our estimates
Weekly links February 26: Corner shops, a lack of consumption smoothing with unemployment, the rugby impact evaluation you were waiting for, and more… · On VoxDev, Francois Gerard and Joana Naritomi summarize their forthcoming AER paper on Brazil’s job displacement insurance program and the lack of consumption smoothing. “Our results also show that consumption is highly sensitive to cash-on-hand, even in the context of a relevant and salient negative shock, such as the loss of a formal job. We show that this evidence is consistent with workers being ‘present-biased’, lead...