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Do Cash Transfer Programs Protect from Poverty in the Case of Aggregate Shocks ? A Study onTyphoon Yolanda in the Philippines

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  • Pfutze,Tobias

Abstract

Cash transfer programs are regarded as providing effective protection against poverty andhousehold-specific negative income shocks. Little research has been done on their performance in situations ofaggregate negative shocks. This paper assesses the performance of the Philippines’ Conditional Cash TransferProgram in the aftermath of typhoon Yolanda in 2013. Using triple difference techniques, it finds that the programeffectively protected households affected by the storm from falling into extreme poverty. It had the largest effect onnonfood consumption.

Suggested Citation

  • Pfutze,Tobias, 2023. "Do Cash Transfer Programs Protect from Poverty in the Case of Aggregate Shocks ? A Study onTyphoon Yolanda in the Philippines," Policy Research Working Paper Series 10281, The World Bank.
    • Handle: RePEc:wbk:wbrwps:10281
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    References listed on IDEAS

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    1. Achyuta Adhvaryu & Teresa Molina & Anant Nyshadham & Jorge Tamayo, 2024. "Helping Children Catch Up: Early Life Shocks and the PROGRESA Experiment," The Economic Journal, Royal Economic Society, vol. 134(657), pages 1-22.
    2. Solomon Asfaw & Alessandro Carraro & Benjamin Davis & Sudhanshu Handa & David Seidenfeld, 2017. "Cash transfer programmes, weather shocks and household welfare: evidence from a randomised experiment in Zambia," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 9(4), pages 419-442, October.
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