Calendrier du 24 octobre 2017
PSI-PSE (Petit Séminaire Informel de la Paris School of Economics) Seminar
Du 24/10/2017 de 17:00 à 18:00
KHOURY Laura (Paris School of Economics)
Generosity versus Duration Trade-Off and the Optimization Ability of the Unemployed
Applied Economics Lunch Seminar
Du 24/10/2017 de 12:30 à 13:30
Salle R2-01, Campus Jourdan, 48 boulevard Jourdan, 75014 Paris
FERNANDEZ SANCHEZ Martin (LISER)
School Segregation and Long-term Happiness: Evidence from the 1981 Privatization Reform in Chile
In 1981 the Chilean Military Government introduced a new system of school financing and choice that led to an exodus of middle-class students from public to subsidized private schools. Using contemporaneous household surveys and historical administrative data of enrollment before and after the reform, I examine the long-term impact of increasing subsidized private enrollment –and thereby segregation- on subjective well-being. The results show that children from poor families were negatively affected by the policy change. On average, being exposed to a 10 percentage point increase in subsidized private enrollment during childhood is associated with a drop in adult life satisfaction of 6% of a standard deviation, an effect equivalent to a fall in household income of 30%.