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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.

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  • 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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