Gertler, Paul J.; Martinez, Sebastian W.; Rubio-Codina, … - In: American Economic Journal: Applied Economics 4 (2012) 1, pp. 164-92
Using data from a randomized experiment, we 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. We estimate that for each peso...