Seminarios
02
Mayo
“Aspiration Adaptation in Resource-Constrained Environments” (with Sebastian Galiani and Paul Gertler)
Presenta: Raimundo Undurraga (CEA-UCHILE)
Lugar y hora: Miércoles 2 de Mayo de 2018, 13:00 hrs. Sala P 301, Edificio Placa (Diagonal Paraguay 257)
Abstract
We use a multi-country field experiment to test the effect of a slum-housing intervention on the housing aspirations of non-beneficiary neighbors. Initially after treatment, nontreated households’ aspirations to upgrade their dwelling are significantly higher compared to the treatment group, suggesting that they aspire to “keep-up” with their treatment Joneses’. No effects are found, however, on housing investments. Eight months later, the aspirational effect disappears. Estimates based on a structural model of aspiration adaptation show that the decay rate is 38% per month. Our evidence suggests that simply fostering higher aspirations may be insufficient to encourage forward-looking behavior among the poor.
Datos del Seminario
Fecha de inicio:
02 de Mayo, 2018 | 13:00 hrs.
02 de Mayo, 2018 | 13:00 hrs.
Fecha de término
02 de Mayo, 2018 | 14:00 hrs.
