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5 Years in Juntos: New Evidence on the Program’s Short and Long-Term Impacts

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  • Elizaveta Perova

    ()
    (World Bank)

  • Renos Vakis

    ()
    (World Bank)

Abstract

This study presents results from a quantitative impact evaluation of the Conditional Cash Transfer (CCT) program, Juntos, in Peru. Using instrumental variable techniques, it estimates the overall impact of Juntos five years after its initial rollout and explores the differential impacts among beneficiaries according to the length of time they spent in the program. In so doing, the analysis explores whether it takes time for the program to make significant and sizable impacts; and whether some impacts change in magnitude the longer the beneficiaries spend in the program. The results seem to confirm both hypotheses: almost all indicators of interest are significantly higher among beneficiaries with longer treatment spells. However, in many cases these improvements are too small to be picked up in the analysis of overall effects, when beneficiaries are compared to non-beneficiaries. These findings suggest that while the program has a non negligible impact on welfare, there is room for improvement.

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File URL: http://revistas.pucp.edu.pe/index.php/economia/article/view/2710/2654
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Bibliographic Info

Article provided by Departamento de Economía - Pontificia Universidad Católica del Perú in its journal Revista Economia.

Volume (Year): 35 (2012)
Issue (Month): 69 ()
Pages: 53-82

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Handle: RePEc:pcp:pucrev:y:2012:i:69:p:53-82

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Postal: Av. Universitaria 1801, San Miguel, Lima, Perú
Phone: (511) 626-2000 ext. 4950, 4951
Fax: (511) 626-2874
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Web page: http://www.pucp.edu.pe/departamento/economia/
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Related research

Keywords: poverty; transfers; Peru;

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Cited by:
  1. Mejía Acosta, Andrés & Haddad, Lawrence, 2014. "The politics of success in the fight against malnutrition in Peru," Food Policy, Elsevier, vol. 44(C), pages 26-35.

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