Molina-Vera, A. and Oosterbeek, H. (2022). The effect of monthly cash transfers during five years on households’ wealth Economic Development and Cultural Change.
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Affiliated author
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Publication year2022
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JournalEconomic Development and Cultural Change
We use rich register data and an RD design to estimate the effects of a monthly cash transfer during five years on households{\textquoteright} wealth, labor supply, marital status and fertility. We find that receipt of the transfer has a significantly negative effect on households{\textquoteright} wealth index. We also find that women who receive the transfer are less likely to be married and, therefore, to have a spouse who works. The sizes of these effects are larger for prior non-recipients than for prior recipients. We find no effects on female labor supply or on fertility.