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- W154399599 abstract "This brief summarizes the investing cash transfers to raise long term living standards in Mexico. The study measures 18 months of exposure to the program. Households receive benefits for a three year period. Cash benefits are received monthly. Using data from a randomized experiment, the author find that poor rural Mexican households invested part of their cash transfers from the oportunidades program in productive assets, increasing agricultural income by almost 10 percent after 18 months of benefits. The author estimates that for each peso transferred, households consume 74 cents and invest the rest, permanently increasing long-term consumption by about 1.6 cents. Results suggest that cash transfers can achieve long-term increases in consumption through investment in productive activities, thereby permitting beneficiary households to attain higher living standards that are sustained even after transitioning off the program." @default.
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- W154399599 date "2013-08-14" @default.
- W154399599 modified "2023-09-28" @default.
- W154399599 title "Mexico - Investing cash transfers to raise long term living standards" @default.
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