Are Conditional Cash Transfers Fulfilling Their Promise? Schooling, Learning, and Earnings After 10 Years

Karen Macours, Tania Barham and John Maluccio

No 11937, CEPR Discussion Papers from Centre for Economic Policy Research

Abstract: Interventions promoting investment in child human capital are motivated by their potential to break the intergenerational transmission of poverty. With this goal, conditional cash transfer (CCT) programs are the anti-poverty program of choice in many developing countries even though the evidence on their longer term objectives is inconclusive. This paper uses the randomized phase-in of a CCT program in Nicaragua to estimate long-term education, learning, and labor market effects for males 10 years after the start of the program. Gains in schooling and learning coincide with positive labor market returns including higher earnings, and demonstrate important long-term returns to CCTs.

Keywords: Cct; Long-term effects; Education; Learning; Labor markets (search for similar items in EconPapers)
JEL-codes: I25 I28 I38 O12 (search for similar items in EconPapers)
Date: 2017-03
New Economics Papers: this item is included in nep-dev, nep-edu, nep-exp and nep-lma
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