The paper analyzes a new Honduran conditional cash transfer experiment (Bono 10,000) in which 150 poor villages (of 300) were treated. The transfers were much larger in size than an earlier experiment (Galiani & McEwan, 2013), but yielded smaller full-sample effects on school enrollment, child...

Conditional Cash Transfer (CCT) programs are important anti-poverty programs in Latin America and the Caribbean. There is little evidence, however, of the effectiveness of ongoing CCT programs several years after they have begun. Such evidence is particularly relevant for policymakers because...

We explore the effects of a randomly assigned conditional cash transfer in Honduras (Bono 10000) on early childhood development. We find significant impacts on cognitive development in children 0-60 months, with an average effect size of 0.13 SD. We show differential impacts by type of transfer:...

Conditional cash transfer programs have become a popular social protection tool in developing countries. They aim to reduce short-term poverty through cash transfers and long-term poverty through enhancing investments in human capital. While numerous evaluations of CCTs show positive short-term...