Due to lack of well-developed insurance, credit and labor markets, rural families in Ethiopia are exposed to a range of covariate and idiosyncratic risks. In 2005, to deal with the consequences of covariate risks, the government implemented the Productive Safety Net Program (PSNP) - an active...

We provide new estimates of the impact of Ethiopia's Productive Safety Net Programme (PSNP) in Ethiopia on child cognitive achievement in the medium term. The programme is the second largest in Africa, and has been rolled out to almost 10 million beneficiaries since 2005. We exploit four rounds...