BACKGROUND Wasting is a public health issue but evidence gaps remain concerning preventive strategies not primarily based on food products. Cash transfers, as part of safety net approach, have potential to prevent under-nutrition. However, most of the cash transfer programs implemented and scientifically evaluated do not have a clear nutritional objective, which leads to a lack of evidence rega...

A new class of risk measures called cash sub-additive risk measures is introduced to assess the risk of future financial, nonfinancial and insurance positions. The debated cash additive axiom is relaxed into the cash sub-additive axiom to preserve the original difference between the numéraire of the current reserve amounts and future positions. Consequently, cash subadditive risk measures can m...

BACKGROUND The global burden of acute malnutrition among children remains high, and prevalence rates are highest in humanitarian contexts such as Niger. Unconditional cash transfers are increasingly used to prevent acute malnutrition in emergencies but lack a strong evidence base. In Niger, non-governmental organisations give unconditional cash transfers to the poorest households from June to S...

Welfare programs are often implemented in-kind to promote outcomes that might not be realized under cash transfers. I use a randomized controlled trial of the Mexican government’s Food Assistance Program (‘PAL’) to test whether this form of paternalism is necessary, comparing precisely measured consumption and health outcomes under both inkind food and cash transfers. Importantly, I …nd that ho...

Evidence suggests that a regular and reliable transfer of cash to households with orphaned and vulnerable children has a strong and positive effect on child outcomes. However, conditional cash transfers are considered by some as particularly intrusive and the question on whether or not to apply conditions to cash transfers is an issue of controversy. Contributing to policy debates on the approp...

The Oxford Internet Institute (OII) has become a leading world centre for the multidisciplinary study of the Internet and society. Its distinctive focus is to understand the social dynamics shaping, and being shaped by, the Internet. The Institute is particularly interested in studying the choices people make about the design, use and regulation of information and communication technologies (IC...

Welfare programs are often implemented in-kind to promote outcomes that might not be realized under cash transfers. I use a randomized controlled trial of the Mexican government’s Food Assistance Program (‘PAL’) to test whether this form of paternalism is necessary, comparing precisely measured consumption and health outcomes under both inkind food and cash transfers. Importantly, I …nd that ho...

In this paper we propose a method to estimate externality effects in cash transfer programmes, even in cases when the benefit is not randomly assigned. Externality is assessed through the decomposition of the average treatment effect on the treated (ATT) into participation (direct) effect and externality (indirect) effect. We also suggest a nonparametric decomposition to investigate whether cha...

Scott Schuh, Oz Shy, and Joanna Stavins Abstract: Merchant fees and reward programs generate an implicit monetary transfer to credit card users from non-card (or “cash”) users because merchants generally do not set differential prices for card users to recoup the costs of fees and rewards. On average, each cash-using household pays $151 to card-using households and each card-using household rec...