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来源类型Working Paper
规范类型报告
DOI10.3386/w24264
来源IDWorking Paper 24264
Aspiration Adaptation in Resource-Constrained Environments
Sebastian Galiani; Paul J. Gertler; Raimundo Undurraga
发表日期2018-01-29
出版年2018
语种英语
摘要We use a multi-country field experiment that combines random variation at the treatment level with exogenous variation in the length of exposure to treatment to test the effect of a slum-housing intervention on the evolution of housing aspirations of untreated co-resident neighbors over time. Initially after treatment, we observe a huge control- treatment housing gap in favor of treated units. As a result, non-treated households' aspirations to upgrade their dwelling are significantly higher compared to the treatment group, suggesting that they aspire to “keep-up” with the treated Joneses', as in standard models of peer effects. However, eight months later, no effects are found on housing investments and the aspirational effect completely 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.
主题Development and Growth ; Development
URLhttps://www.nber.org/papers/w24264
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581938
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Sebastian Galiani,Paul J. Gertler,Raimundo Undurraga. Aspiration Adaptation in Resource-Constrained Environments. 2018.
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