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The Dynamic Effects of Cash Transfers to Agricultural Households / Shilpa Aggarwal, Jenny C. Aker, Dahyeon Jeong, Naresh Kumar, David Sungho Park, Jonathan Robinson, Alan Spearot.
- Format:
- Book
- Author/Creator:
- Aggarwal, Shilpa.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w32431.
- NBER working paper series no. w32431
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2024.
- Summary:
- While cash transfers will tautologically increase contemporaneous consumption, it is unclear whether these gains will persist, especially in rural agricultural settings with limited productive investment opportunities. Using bi-monthly survey data from recipients of a large, unconditional cash transfer in Liberia and Malawi, we document sustained food security improvements until 1.5-2 years after disbursement, driven by increased farm investments and production. We additionally document reductions in casual off-farm labor, increases in psychological well-being and, in Liberia, a decline in IPV. We find similar increases in harvest output across different transfer sizes. Those receiving larger transfers spend more on housing and durables.
- Notes:
- Print version record
- May 2024.
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