In response to the Covid-19 crisis, 186 countries implemented direct cash transfers to households, and 181 introduced … in-kind programs that lowered the cost of utilities such as electricity, water, transport, and mobile money. Do cash or … line with economic theory favoring direct cash transfers, in a randomized experiment in Kenya 95% of urban recipients …

The 2020 CARES Act directed large cash payments to households. We analyze house-holds' spending responses using high …

We assess long-term impacts of the Mexican conditional cash transfer (CCT) program on youth employment and earnings. We …

What is the effect of cash injections during financial crises? Exploiting county-level variation arising from random … weather shocks during the 1980s Farm Debt Crisis, we analyze and measure the effect of local cash flow shocks on the real and … financial sector. We show that such cash flow shocks have significant impact on a host of economic outcomes, including land …

-scale, multi-site randomized controlled study of monthly unconditional cash transfers starting at the time of a child's birth. We … find that the cash transfers increased spending on child-specific goods and mothers' early-learning activities with their … infants. The marginal propensity to consume child-focused items from the cash transfer exceeded that from other income …

We analyze a unique episode in the history of monetary economics, the 2016 Indian "demonetization." This policy made 86 …% of cash in circulation illegal tender overnight, with new notes gradually introduced over the next several months. We … present a model of demonetization where agents hold cash both to satisfy a cash-in-advance constraint and for tax evasion …