 Do conditional cash transfers create resilience against poverty? Long-run evidence from JamaicaChristopher Oconnor World Development, 2024, vol. 176, issue C Abstract: Conditional Cash Transfer programs (CCT) have become the prominent component of social assistance programs in many developing countries. A major objective of CCT programs is breaking the cycle of intergenerational poverty and building a population resilient to adverse shocks that may push a person into poverty. The literature to date has not provided conclusive evidence for the long-run impact of CCT programs on beneficiaries’ resilience against poverty. To fill this gap, I exploit the age-based eligibility thresholds and regional variation in the proportion of persons receiving benefits from the Jamaican CCT program to identify its long-run impact on resilience against poverty. I find that child beneficiaries of the program are up to 8.4 percentage points more resilient against poverty when they become adults than they would have been in the absence of the program. Furthermore, these benefits are only evident in females, and are realized after beneficiaries are in their early 20′s. Overall, this study provides further justification for the expansion of CCTs or similar programs targeting children living in less-developed countries. Keywords: Conditional cash transfers (CCTs); Resilience; Vulnerability; Poverty (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:wdevel:v:176:y:2024:i:c:s0305750x23003315 DOI: 10.1016/j.worlddev.2023.106513 Access Statistics for this article World Development is currently edited by O. T. Coomes More articles in World Development from Elsevier |
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