Impact of Christian Values Program on Economic Outcomes in the Philippines
Mobilisation of Local Faith Communities Hub Webinar
Guest speakers: Lincoln Lau, PhD, International Care Ministries and James Choi, PhD, Yale University
Discussion led by Mobilisation Hub Co-chair: Andrea Kaufmann, World Vision International
Dr James Choi and Dr Lincoln Lau present the groundbreaking randomized control trial (RCT) to measure impact of faith and religion in the Philippines. This trial was an initiative between Innovations for Poverty Action and International Care Ministries lead by researchers, Dean Karlan (Northwestern University), James Choi (Yale University) and Gharad Bryan (London School of Economics and Political Science).
The webinar included a presentation of International Care Ministries Program, six-month trial results as well as methods on using RCTs to measure religion and development, and a discussion of opportunities and challenges and potential for scale up.
- Given relatively low participation in Transform—average 8.9/16 sessions —does frequency of attendance increase effect on income? Actually this was a fairly highly attended program. Unfortunately because each individual’s attendance was not associated with that person when recorded, this analysis was not conducted
- How soon and how periodically after the training were the participants interviewed? Do you know how durable the effects are? Would these effects be seen a year after the training, or might the results seen reflect a burst of short-lived enthusiasm?
- How does the personality or theology of the pastor affect outcome?
- Were you able to control for the seasonality of agricultural income on the 9% increase in income? When were these data collected?
- Would these findings apply to other faiths?
About the Speakers:
- Dr. Lincoln Lau leads the research team for International Care Ministries (ICM), a non-profit organization based in the Philippines that provides poverty alleviation programs to approximately 30,000 households every year. He is also an adjunct lecturer at the University of Toronto. He seeks to creatively design studies to inform and enhance public health interventions targeted at marginalized and difficult-to-reach households.
- Dr. James Choi is a professor of Finance at Yale University’s School of Management. His research spans behavioral finance, behavioral economics, household finance, capital markets, health economics, and sociology. His work on default options has led to changes in 401(k) plan design at many U.S. corporations and has influenced pension legislation in the United States and abroad. In other papers, he has investigated topics such as the influence of racial, gender, and religious identity on economic preferences, investor ignorance of mutual fund fees, the effect of deadlines and peer information on savings choices, how retail investor sentiment in China affects stock returns, and the use of subtle planning prompts to increase vaccination rates. Professor Choi is a recipient of the TIAA-CREF Paul A. Samuelson Award for outstanding scholarly writing on lifelong financial security. He is an Associate Director of the Retirement Research Center at the National Bureau of Economic Research, a member of the FINRA Investor Issues Committee, and a TIAA-CREF Institute Fellow.