Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence
Conditional Cash Transfer (CCT) programs, started in the late 1990s in Latin America, have become the antipoverty program of choice in many developing countries in the region and beyond. This paper reviews the literature on their long-term impacts on human capital and related outcomes observed after...
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okr-10986-343472021-05-25T10:54:39Z Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence Molina Millán, Teresa Barham, Tania Macours, Karen Maluccio, John A. Stampini, Marco CONDITIONAL CASH TRANSFER INEQUALITY WELFARE EFFECTS INCOME DISTRIBUTION DISTRIBUTIONAL IMPACT Conditional Cash Transfer (CCT) programs, started in the late 1990s in Latin America, have become the antipoverty program of choice in many developing countries in the region and beyond. This paper reviews the literature on their long-term impacts on human capital and related outcomes observed after children have reached a later stage of their life cycle, focusing on two life-cycle transitions. The first includes children exposed to CCTs in utero or during early childhood who have reached school ages. The second includes children exposed to CCTs during school ages who have reached young adulthood. Most studies find positive long-term effects on schooling, but fewer find positive impacts on cognitive skills, learning, or socio-emotional skills. Impacts on employment and earnings are mixed, possibly because former beneficiaries were often still too young. A number of studies find estimates that are not statistically different from zero, but for which it is often not possible to be confident that this is due to an actual lack of impact rather than to the methodological challenges facing all long-term evaluations. Developing further opportunities for analyses with rigorous identification strategies for the measurement of long-term impacts should be high on the research agenda. As original beneficiaries age, this should also be increasingly possible, and indeed important before concluding whether or not CCTs lead to sustainable poverty reduction. 2020-08-12T19:40:53Z 2020-08-12T19:40:53Z 2019-02 Journal Article World Bank Research Observer 1564-6971 http://hdl.handle.net/10986/34347 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Published by Oxford University Press on behalf of the World Bank Publications & Research Publications & Research :: Journal Article Latin America & Caribbean Latin America |
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CONDITIONAL CASH TRANSFER INEQUALITY WELFARE EFFECTS INCOME DISTRIBUTION DISTRIBUTIONAL IMPACT |
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CONDITIONAL CASH TRANSFER INEQUALITY WELFARE EFFECTS INCOME DISTRIBUTION DISTRIBUTIONAL IMPACT Molina Millán, Teresa Barham, Tania Macours, Karen Maluccio, John A. Stampini, Marco Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence |
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Latin America & Caribbean Latin America |
description |
Conditional Cash Transfer (CCT) programs, started in the late 1990s in Latin America, have become the antipoverty program of choice in many developing countries in the region and beyond. This paper reviews the literature on their long-term impacts on human capital and related outcomes observed after children have reached a later stage of their life cycle, focusing on two life-cycle transitions. The first includes children exposed to CCTs in utero or during early childhood who have reached school ages. The second includes children exposed to CCTs during school ages who have reached young adulthood. Most studies find positive long-term effects on schooling, but fewer find positive impacts on cognitive skills, learning, or socio-emotional skills. Impacts on employment and earnings are mixed, possibly because former beneficiaries were often still too young. A number of studies find estimates that are not statistically different from zero, but for which it is often not possible to be confident that this is due to an actual lack of impact rather than to the methodological challenges facing all long-term evaluations. Developing further opportunities for analyses with rigorous identification strategies for the measurement of long-term impacts should be high on the research agenda. As original beneficiaries age, this should also be increasingly possible, and indeed important before concluding whether or not CCTs lead to sustainable poverty reduction. |
format |
Journal Article |
author |
Molina Millán, Teresa Barham, Tania Macours, Karen Maluccio, John A. Stampini, Marco |
author_facet |
Molina Millán, Teresa Barham, Tania Macours, Karen Maluccio, John A. Stampini, Marco |
author_sort |
Molina Millán, Teresa |
title |
Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence |
title_short |
Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence |
title_full |
Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence |
title_fullStr |
Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence |
title_full_unstemmed |
Long-Term Impacts of Conditional Cash Transfers : Review of the Evidence |
title_sort |
long-term impacts of conditional cash transfers : review of the evidence |
publisher |
Published by Oxford University Press on behalf of the World Bank |
publishDate |
2020 |
url |
http://hdl.handle.net/10986/34347 |
_version_ |
1764480708598824960 |