the price effect of a CCT. These elasticities are estimated for a large CCT program in rural Mexico, Progresa, using … conditional on human capital investments in children. Compared to unconditional cash transfers (UCTs), CCTs may exclude some low …-income households as access is tied to normal investments in children. This paper argues that conditionalities on children's school …

capital by poor households. However, CCTs also have the potential to distort incentives for investment among children. If only … some children in the household are monitored/subsidized for compliance with conditionalities, returns to household … investment in those children increase relative to siblings who are unmonitored/unsubsidized. This paper demonstrates that …

capital by poor households. However, CCTs also have the potential to distortincentives for investment among children. If only … some children in the household are monitored/subsidized for compliance with conditionalities, returns to household … nutrition effects of the Philippine CCT are driven by effects on children unmonitored for educational compliance, due to a cap …