Households & human capital
Connect health, education and family decisions to productivity and intergenerational opportunity.
Subject
Purpose
Long-run improvements in living standards studied through institutions, health, education, productivity, finance, infrastructure and structural transformation.
Structure
Components → constraints → flows → control → failure
Development economics asks why capabilities and productivity remain low in some settings and which interventions relax binding constraints without assuming one universal path.
Connect health, education and family decisions to productivity and intergenerational opportunity.
Study management, finance, technology adoption and market access among firms that often remain small and informal.
Examine property rights, bureaucracy, conflict and public goods as conditions shaping investment and coordination.
Track movement across agriculture, industry and services alongside urbanization and demographic change.
Distinguish local treatment effects from policies that remain effective when markets, prices and political responses adjust.
GDP growth ≠ development
randomized effect ≠ universal policy
institution ≠ single rule
What constraint is actually binding on growth or household welfare?
When does a successful local intervention change equilibrium conditions at scale?
How should distribution and capabilities modify aggregate growth measures?
Use randomized and quasi-experimental evidence where appropriate, but integrate macro constraints, political institutions and general-equilibrium effects before extrapolating.