Compensation vs. Reinforcement: Experimental Identification of Parental Aversion to Inequality in Offspring
◈ 주 제 : Compensation vs. Reinforcement: Experimental Identification of Parental Aversion to Inequality in Offspring with Felipe Barrera-Osorio, Leonardo Bonilla, Matías Busso, Sebastián Galiani, Juan Muñoz, and Juan Pantano.
◈ 발표자 : Hyunjae Jay Kang (Kyoto University)
◈ 일 시 : 2026년 3월 31일 화요일 16:30 ~ 17:45
◈ 장 소 : 16동(혁신센터) 338호
◈ 주 관 : 경제학부, 경제연구소 한국경제혁신센터, SSK, BK21
세미나 이전에 연사님과 개인면담을 원하시는 분은 아래 구글 스프레드시트에서 원하시는 시간에 성함을 기입해주시기 바랍니다. 개인면담 스프레드시트는 30일 오후 12시에 마감하도록 하겠습니다.
https://docs.google.com/spreadsheets/d/1fwKtAIRI2G8B6nq94EOYRHyDE-p_r6tJ57vqmKF_6G4/edit?usp=sharing
- 본 세미나는 경제학부 BK21 관련 세미나 참석으로 인정됩니다.
경제학부 대학원생 중 세미나 참석 인정을 받기를 원하시는 학생은 세미나 종료 후 세미나실 내에 위치한 참석 명단을 기재해 주시기 바랍니다.
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Abstract
The allocation of resources within the household has been extensively theorized, but empirical evidence on this topic has been very scarce. Endogeneity concerns hinder this type of analysis due to the lack of identifying variation within the household. In this paper, we overcome these difficulties by exploiting a unique setting that introduced random variation in resource allocation within households. We evaluate the effects of a program that provided alternative delivery methods of conditional cash transfers in Bogotá, Colombia, and allocated resources at the child level. The individual randomization implied that some households had treated and untreated siblings, allowing us to extend the analysis to estimate spillover effects of the program on beneficiaries and their siblings. We find that cash transfers increase short-run attendance for treated children but decrease the likelihood of graduating college for untreated siblings of treated students. We rationalize these results by estimating and validating a dynamic model of household schooling decisions for siblings. The estimated model is consistent with low parental inequality aversion, suggesting parents tend to reinforce educational disparities among their children. Counterfactual analyses demonstrate that shutting down this inequality aversion channel leads to understating the effects of cash transfers on household educational outcomes.