Northwestern Events Calendar


Applied Microeconomics Lunch Seminar

When: Thursday, May 23, 2024
11:00 AM - 12:00 PM CT

Where: Kellogg Global Hub, 3301, 2211 Campus Drive, Evanston, IL 60208 map it

Audience: Faculty/Staff - Post Docs/Docs - Graduate Students

Contact: Economics   (847) 491-8200

Group: Department of Economics: Applied Microeconomics Lunch

Category: Academic


Speaker Elizabeth Jaramillo

Title: "Family Dynamics and Educational Outcomes: The Impact of Financial Aid on Siblings"

Abstract: Families play a crucial role in shaping human capital trajectories, with siblings forming significant social interactions through shared upbringing, exposure to similar experiences, and access to common resources. We study sibling spillover effects of Colombia's Ser Pilo Program, which offers financial aid to high-achieving children from low-income households. Program eligibility is based on two continuous measures: the family's poverty index and the high school exit exam performance. Using a multivariate regression discontinuity design and considering two eligibility criteria of the program, we estimate sibling spillover effects across both dimensions separately. For low SES families, the policy has positive effects on college enrollment in public institutions. For high SES families, we also observe a negative motivational effect on school dropout, as this population is ineligible for the program. 

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