This paper explores how a conditional cash transfer program influences students' schooling decisions when program payments stop in the middle of the school career. To that end, I examine Mexico's Progresa, which covered students only until the end of middle school (at age 15) in its early years....

"The NBER Bulletin on Aging and Health provides summaries of publications like this. You can sign up to receive the NBER Bulletin on Aging and Health by email. The theory on the demand for health suggests that schooling causes health because schooling increases the efficiency of health...