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DTSTART;TZID=Europe/Helsinki:20210616T160000
DTEND;TZID=Europe/Helsinki:20210616T171500
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SUMMARY:Daniel Waldinger (NYU)  - "Targeting In-Kind Transfers Through Market Design: A Revealed Preference Analysis of Public Housing Allocation"
DESCRIPTION:Microeconomics Seminar : \nTime: 4:00pm – 5:15pm\nDate:  16th June 2021\nRoom: VISIO \nDaniel Waldinger (NYU)  – “Targeting In-Kind Transfers Through Market Design: A Revealed Preference Analysis of Public Housing Allocation” \n\nAbstract: Public housing benefits are rationed through waitlists. Theoretical work on public housing allocation has debated how much choice applicants should have over units\, identifying a possible trade-off between efficiency and redistribution. This paper empirically establishes the existence and economic importance of this trade-off using waitlist data from Cambridge\, MA. I estimate a model of public housing preferences in a setting where heterogeneous apartments are rationed through waiting time. Eliminating choice would improve targeting but reduce tenant welfare by more than 30 percent. Such a change is only justified on targeting grounds by a strong social preference for redistribution. \n  \n  \n\nOrganizers:\nRoxana Fernandez Machado (CREST)\, Julien Combe (CREST)\, and Matias Nunez (CREST)\nSponsors:\nCREST\n  \n
URL:https://crest.science/event/daniel-waldinger-nyu-targeting-in-kind-transfers-through-market-design-a-revealed-preference-analysis-of-public-housing-allocation/
CATEGORIES:Microeconomics
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