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A Meta-Impact Evaluation of Social Housing Programs: The Chilean Case

Author

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  • Inder J Ruprah

    (Inter-American Development Bank)

  • Luis T Marcano

    (Inter-American Development Bank)

Abstract

The Chilean's housing policy and programs are one of the most copied amongst the Chilean policies. The homegrown policy was and is considered a vanguard way of approaching housing problems. This paper presents the findings of a meta-evaluation of Chile's Social Housing Programs. We found that, in terms of affordability and housing quality housing needs, the situation has improved overtime, due to an improving enabling economic environment and sustained public intervention. However, the aggregate figures shroud the problems still faced by households in the lowest two income quintiles and, the opening to home-buying private market to underserved households remains a challenge. In terms of welfare impacts of public housing programs, we found that targeting of the programs to lower income quintiles has improved overtime and the effects on housing materiality outcome indicators are positive and significant in most cases. However, in terms of welfare outcome indicators, the impacts of public housing programs are diverse and non-significant in most cases. Finally, we also found that that the search for the "best" program is misplaced, as revealed by the Chilean case, in which different programs introduced and wound down as the size and type of problems and context changes is the preferred option.

Suggested Citation

  • Inder J Ruprah & Luis T Marcano, 2007. "A Meta-Impact Evaluation of Social Housing Programs: The Chilean Case," OVE Working Papers 0207, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
  • Handle: RePEc:idb:ovewps:0207
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    References listed on IDEAS

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    1. Osvaldo Larrañaga Jiménez & Claudia Sanhueza Riveros, 2007. "Residential Segregation Effects on Poor’s Opportunities in Chile," Working Papers wp259, University of Chile, Department of Economics.
    2. Errázuriz, Enrique & Ochoa C., Fernando & Olivares B., Eliana, 2001. "El ahorro familiar en Chile," Financiamiento para el Desarrollo 5095, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Edgar O. Olsen, 2000. "The Cost-Effectiveness of Alternative Methods of Delivering Housing Subsidies," Virginia Economics Online Papers 351, University of Virginia, Department of Economics.
    4. Eric Parrado H. / & Paulo Cox P. & Marcelo Fuenzalida C., 2009. "Evolution of Housing Prices in Chile," Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 12(1), pages 51-68, April.
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    Cited by:

    1. Marcano, Luis & Ruprah, Inder J., 2008. "An Impact Evaluation of Chile's Progressive Housing Program," IDB Publications (Working Papers) 2896, Inter-American Development Bank.
    2. Luis Marcano & Inder Ruprah, 2011. "Incapacity to pay or moral hazard? Public mortgage delinquency rates in Chile," Applied Economics Letters, Taylor & Francis Journals, vol. 18(11), pages 1015-1020.
    3. Francisca Henriquez, 2009. "Microcrédito y su Impacto: Un Acercamiento con Datos Chilenos," OVE Working Papers 0309, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
    4. Veronica González & Pablo Ibarrarán & Alessandro Maffioli & Sandra Rozo, 2009. "The Impact of Technology Adoption on Agricultural Productivity: The Case of the Dominican Republic," OVE Working Papers 0509, Inter-American Development Bank, Office of Evaluation and Oversight (OVE).
    5. Kaiji Chen, 2010. "A Life-Cycle Analysis of Social Security with Housing," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 13(3), pages 597-615, July.

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    More about this item

    Keywords

    Housing Finance; Policy Evaluation; Housing Deficit; and Moral Hazard.;
    All these keywords.

    JEL classification:

    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs

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