Person: Larroulet Vignau, Cristián
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Larroulet Vignau
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Cristián
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Publication An agent-based model of school choice with information asymmetries(2019) Díaz, Diego A.; Jiménez, Ana María; Larroulet Vignau, CristiánGoing from a neighbourhood-based to a choice-based system of school selection can have positive effects on enrolment in higher achievement schools, increasing average student achievement. We develop an Agent-Based model (ABM) that simulates students’ decisions on a heterogeneous agents’ framework with information asymmetries between income levels, allowing to simulate school choice policies and determine their impact on school enrolment and average student achievement. We use data from Santiago schools to initialise the model and study the impact of a discrete information signal of school achievement, as a policy implemented in 2010 in Chile called traffic lights.Publication Another case of the middle-income trap: Chile, 1900-1939(2022) Couyoumdjian, Juan Pablo; Díaz, Diego A.; Larroulet Vignau, CristiánThis paper studies the evolution of the Chilean economy in the late 19th and early 20th century, a period when the country's convergence with developed countries came to an end. We analyse this problem in the context of the modern literature on the middle-income trap. The social, political and economic history of Chile between 1875 and 1939 is examined and the presence of most of the factors associated with the middle-income trap is found. We complement this narrative through a quantitative analysis based on the synthetic control method and argue that the process of state-led industrialisation undertaken in the country leading to the formation of CORFO was a key economic and political event. Our work presents some general lessons for developing countries facing a similar context.