risk. Cash transfers can assist in economic stabilization during a pandemic, but the resulting increase in business …

Conditional cash transfer (CCT) programs have become increasingly popular as a development strategy. These programs aim …, and (ii) unconditional cash transfers (UCTs) may be better than CCTs when the transfer amount is large. We illustrate a … test of this distortionary effect, and implement it in a cash transfer program conditional on seasonal labor migration in …