capital of their children. We provide new evidence on the long-term (10-year) effects of cash transfers using data from … from an experiment that randomly assigned children under the age of 6 years to early or late treatment groups. Although the … early treatment group received twice as much in total transfers, we find no difference between children in the two groups on …

's education, household infrastructure, height and health. Results suggest that the returns to education by year of schooling in …