The targeting benefit of conditional cash transfers

نویسندگان

چکیده

Conditional cash transfers (CCTs) are a popular type of social welfare program that make payments to households conditional on human capital investments in children. From targeting perspective, compared unconditional (UCTs), CCTs costly because they exclude some low-income as access is tied normal However, we argue conditionalities children’s school enrollment offer an unexplored benefit over UCTs: target money who forgo discrete amount child income. We show the size relative cost directly related consumption differences between schooling and non-schooling two elasticities already literature: income effect UCT price CCT. estimate these for large CCT rural Mexico, Progresa, using variation younger siblings identify effects. In this setting, find similar magnitude excluding households; implies 33% Progresa budget should go based grounds alone.

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ژورنال

عنوان ژورنال: Journal of Public Economics

سال: 2021

ISSN: ['0047-2727', '1879-2316']

DOI: https://doi.org/10.1016/j.jpubeco.2020.104330