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When the money runs out : do cash transfers have sustained effects on human capital accumulation ?

Author

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  • Baird,Sarah Jane
  • Mcintosh,Craig
  • Ozler,Berk

Abstract

This study examines the medium-term effects of a two-year cash transfer program targeted to adolescent girls and young women. Significant declines in HIV prevalence, teen pregnancy, and early marriage among recipients of unconditional cash transfers (UCTs) during the program evaporated quickly two years after the cessation of transfers. However, children born to UCT beneficiaries during the program had significantly higher height-for-age z-scores at follow-up. On the other hand, conditional cash transfers (CCTs) offered to out-of-school females at baseline produced a large increase in educational attainment and a sustained reduction in the total number of births, but caused no gains in health, labor market outcomes, or empowerment. The findings point to both the promise and the limitations of cash transfer programs for sustained gains in welfare among young women.

Suggested Citation

  • Baird,Sarah Jane & Mcintosh,Craig & Ozler,Berk, 2016. "When the money runs out : do cash transfers have sustained effects on human capital accumulation ?," Policy Research Working Paper Series 7901, The World Bank.
  • Handle: RePEc:wbk:wbrwps:7901
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    More about this item

    Keywords

    Social Protections&Assistance; Educational Sciences;

    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • I15 - Health, Education, and Welfare - - Health - - - Health and Economic Development
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J12 - Labor and Demographic Economics - - Demographic Economics - - - Marriage; Marital Dissolution; Family Structure
    • J13 - Labor and Demographic Economics - - Demographic Economics - - - Fertility; Family Planning; Child Care; Children; Youth

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