Carolina Castilla - Expertise in Development Economics

Colgate Directory

Carolina Castilla

Carolina Castilla

Assistant Professor in Economics
Economics, 231 Persson Hall
p 315-228-7541
My research interests are in development economics applied to intra-household decision making, behavioral economics, and applied econometrics. Learn more about my research here. I will be on leave during spring 2015 at the Dyson School, Cornell University.


BS, MS, Universidad de las Americas, Puebla 2003, 2006; PhD, The Ohio State University, 2011


Development economics, intra-household economics, and behavioral economics


Intra-household decision-making, development economics, behavioral economics, econometrics


  1. Castilla, Carolina. 2015 “Trust and Reciprocity between Spouses in India.” American Economic Review: P&P, Vol. 105 (5): 621 - 24.
  2. Castilla, Carolina (with Timothy Haab). 2015. “Asymmetric Search and Loss Aversion: Choice Experiment on Consumer Willingness to Search in the Gasoline Retail Market.” Applied Economics, Vol. 47 (8): 756 – 778.
  3. Coughlin, Conor (student) and Carolina Castilla. 2014 "The Effect of Private High School Education on the College Trajectory" accepted for publication at Economics Letters.
  4. Castilla, Carolina. 2014. "Field Experiments in a Course on Behavioral Economics: Nudging Students Around Campus." Journal of Economic Education (forthcoming Summer 2014)
  5. Castilla, Carolina (with Thomas Walker). 2013. “Is Ignorance Bliss? Gender Differences in the Effect of Asymmetric Information on Intra-Household Allocation.” American Economic Review: P&P, 103 (3): 263-268.
  6. Castilla, Carolina (with Timothy Haab). 2013. “Limited Attention to Search Costs in the Gasoline Retail Market: Evidence from a Choice Experiment on Consumer Willingness to Search.” American Journal of Agricultural Economics, 95 (1): 181-199.
  7. Castilla, Carolina. 2012. “Subjective Well-being and Reference Dependence: Insights from Mexico.” Journal of Economic Inequality, 10 (2). Previously Circulated as: “Subjective Poverty and Reference Dependence: Income over Time, Aspirations and Reference Groups.” UNU-WIDER Working Paper 2010/76. 
  8. Rojas, Mariano and Castilla, Carolina. 2010. "Crisis Bancarias y comportamiento Estralegico: Un enfoque a nivel banco." Administracion de Riesgos.
Working Papers
  • Castilla, Carolina. 2014. "Trust, Reciprocity and Trustworthiness between Spouses: Evidence from a Field Experiment on Gender differences in India."
  • Castilla, Carolina. 2014. "What's yours is Mine, and What's Mine is Mine: Bargaining Power and Income Concealing between Spouses in India."
  • Castilla, Carolina. 2013. (with Thomas Walker)  “Gender Roles and Asymmetric Information: Non-cooperative behavior on Intra-Household Allocation” (under review)
  • Castilla, Carolina. 2011 “Ties that Bind: The Kin System as a Mechanism of Income-Hiding between Spouses in Rural Ghana.” UNU-WIDER Working Paper 2013/007.
  • Castilla, Carolina. 2010 “Intra-Household Decision-Making under Incomplete Information: Modeling Income Hiding between Spouses.” (under review)
  • Castilla, Carolina (with Ahmad Emad, student). 2013. The Effect of MGNREGA on Consumption Smoothing of Rural Households in India 
Old Papers:
  • Castilla, Carolina. 2008. “Heteroskedasticity in Fixed-Effects One-way Error Component Models: Evaluating the Performance of Standard Tests ” 
Work in Progress:
  • Endogenous Household formation in response to Systemic Shocks (with Benjamin Anderson)
  • Team Work and Cooperative Behavior (with Takao Kato)
  • Field Experiment on the Effect of Information and Altruism on Voluntary Blood Donation in India
  • Girl Empowerment Effect on Intra-Household Allocation
  • Effect of Gender Electoral Quotas on Female Empowerment within the Household in India 


  • Outstanding Dissertation Award, AEDE Department, The Ohio State University 2012
  • DeVries Memorial Fund Award 2010
  • Edward J. Ray Travel Award 2010
  • Honorable Mention to a Research Manuscript by a Second-Year PhD Student, 2008.
  • Major Grant, Colgate University (PI) June, 2013 – August 2014 
  • Summer Research Apprenticeship Funding, Colgate University (PI) June, 2012 – August, 2012 
  • Major Grant, Colgate University (PI) June, 2012 – June, 2013 
  • Alumni Grant for Graduate Research and Scholarship. (PI) July, 2010 – July, 2011