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See it to believe it. Experimental evidence on status consumption among the youth.
(CAF, 2022-09-27)
We ran a field experiment in which a 20-year-old chooses be-tween a socially visible and a non-socially visible good after a friend randomly received one of these goods or an unknown good. We find no differences in choices ...
Lasting Scars: The Unequal Impacts of Unemployment in Latin America
(2022-12-13)
We study the impact of the unemployment rate at the time of labor market entrance on the labor outcomes of individuals of different social origin in 18 Latin American countries. Higher unemployment increases the probability ...