Evento
Fecha
07.10.2024
Horario
12:10
Ubicación
Room M03
Ponente
Mariana Blanco (University of Turin)
“Generosity and Wealth: Experimental Evidence from Bogotá Stratification"

This paper combines laboratory experiments with a unique feature of the city of Bogotá to uncover the relationship between generosity and wealth. Bogotá is divided by lawinto six socio-economic strata which are close proxies of household wealth and income. We recruit subjects from different strata and run a series of double-blind dictator games where the recipient is the NGO Techo-Colombia, which builds transitional housing for homeless families. We identify the stratum of each subject anonymously and blindly, and match their donations with their stratum. In a first experiment we provide a fixed endowment to all participants and find that donations are significantly increasing with wealth. However, in a second experiment, we show that this is not because the rich areintrinsically more generous, but because the experimental endowment has lower real value for them. With endowments that are equivalent to their daily expenditures, the rich, the middle-class and the poor give a similar proportion of their stratum-equivalent endowment.

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