(b) How do Banerjee and Duflo explore important problems in development economics (in contrast to standard approaches)? [600 words]
i) Describe the statistical approach used by most of the most of the studies referred to by Banerjee and Duflo – be sure to explain the meaning of control group. [200 words]
ii) How is Milton Friedman’s methodology approach different to the one used by Banerjee & Duflo [200 words].
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