This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with endogenous retirement decisions, the paper shows that the type of aging and the type of unfunded social...

Transfers to individuals were a larger part of the 2009 U.S. stimulus package than government purchases. Using a two-agent New Keynesian model, this paper shows analytically that the multiplier on targeted transfers to financially constrained households is (i) larger than the purchase multiplier...

Could a partial subsidy for child education increase children's participation in paid work? In contrast to much of the theoretical and empirical child labor literature, this paper shows that child work and school participation can be complements under certain conditions. Using data from the...

This paper takes advantage of repeated cross-section household surveys and a sharp discontinuity created by the introduction of an unconditional cash transfer to elders. The paper evaluates the impact of these cash transfers on the educational expenditures for children within a household. The...

This paper assesses the extent to which social assistance programs in Turkey impact the labor market behavior of those who receive benefits. Theoretically, the possible channels through which the receipt of social assistance may disincentivize work are quite clear, even if the substantial...

This report presents findings from the baseline assessment of International Rescue Committee's (IRC) Girl Empower (GE) program in Nimba County, Liberia. GE seeks to help 13 to 14 year-old girls make healthy life choices and decrease their risk of sexual abuse. The program centers on weekly...

This paper assesses the impact of the demobilization, reinsertion and reintegration program in post-war Burundi. Two major rebel groups benefited from cash and in-kind transfers, the CNDD-FDD from 2004, and the FNL from 2010. A panel data of households collected in 2006 and 2010 is combined with...

This study conducted a randomized control trial in rural Burkina Faso to estimate the impact of alternative cash transfer delivery mechanisms on education, health, and household welfare outcomes. The two-year pilot program randomly distributed cash transfers that were either conditional or...