The authors examine how a government-run cash transfer program targeted to poor mothers in rural Ecuador influenced the health and development of their children. This program is of particular interest because, unlike other transfer programs that have been implemented recently in Latin America,...

"A variety of theories of skill formation suggest that investments in schooling and other dimensions of human capital will have lower returns if children do not have adequate levels of cognitive and social skills at an early age. This paper analyzes the impact of a randomized cash transfer...

: The economic rationale for conditional cash transfers -- Design and implementation features of CCT programs -- The impact of CCTs on consumption poverty and employment -- The impact of CCT programs on the accumulation of human capital -- Conditional cash transfers : policy and design options