We estimate the impact of a large anti-poverty program – the Uruguayan PANES – on political support for the government that implemented it. The program mainly consisted of a monthly cash transfer for a period of roughly two and half years. Using the discontinuity in program assignment based on a pre-treatment score, we find that beneficiary households are 21 to 28 percentage points more likely ...

This note reviews the targeting performance of Bolsa Família and its impact on inequality, poverty, consumption, education, health care, and labor force participation. Bolsa Família has several design and implementation characteristics that distance it from a pure human-capital-based conditional cash transfer model. For that reason, we compare the impact of Bolsa Família to that of other condit...

BACKGROUND Cash-based interventions (CBIs), offer an interesting opportunity to prevent increases in wasting in humanitarian aid settings. However, questions remain as to the impact of CBIs on nutritional status and, therefore, how to incorporate them into emergency programmes to maximise their success in terms of improved nutritional outcomes. This study evaluated the effects of three differen...

This paper provides a complete program for the valuation of aggregate non-life insurance liability cash flows based on claims triangle data. The valuation is fully consistent with the principle of valuation by considering the costs associated with a transfer of the liability to a so-called reference undertaking subject to capital requirements throughout the runoff of the liability cash flow. Th...

There has long been a minority view that providing people with cash is an effective way of combating poverty and economic insecurity while promoting livelihoods and work. The mainstream view has been that giving people money, without conditions or obligations, promotes idleness and dependency, while being unnecessarily costly. Better, they contend, would be to allocate the available money to sc...

We conduct a randomized experiment in Burkina Faso to estimate the impact of alternative cash transfer delivery mechanisms on education. The two-year pilot program randomly distributed cash transfers that were either conditional (on enrollment and attendance) or unconditional. Results indicate that conditional and unconditional transfers have similar impacts increasing enrollment for children t...

The recent nancial crisis demonstrates that an upstream member in a supply chain usually has a weaker cash liquidity. Cash shortage a ects material supply to a downstream member, which, in turn, a ects the performance of the entire chain. This paper provides a supply chain model that integrates material and cash ows and investigates the impact of payment policies on the system performance. Spec...

One of the most rapidly growing technologies in the cash management industry is the Automated Clearing House ("ACH") system.' The ACH system is the electronic equivalent to the paper check processing system.' The primary benefits of the system, for both banks and their customers, result from reducing the processing time and costs associated with paper check systems! Although other types of elec...

The paper evaluates an Indian maternal conditional cash transfer scheme. Launched in 2005, the program gives women cash transfers for receiving maternal and child health care services. This paper uses data from India’s District Level Household Survey to evaluate the program’s impact. Results indicate that the program had a limited overall effect: relative to the broader population, the targeted...

A model is developed in which an industry of N $ 1 firms is privatised. The ‘participation’ method of privatisation is used, whereby firms are sold for cash, but the state retains a proportionate share of ownership. In each firm the new private owner has the opportunity to make a reorganisational investment, before output is produced. This investment is unobservable by the state, and therefore ...