Stress and cognitive burden associated with poverty constrain decision-making regarding investments in the future, which can in turn perpetuate poverty. We exploit the randomized roll-out of Mali’s national cash transfer program to estimate its impact on measures of psychological and emotional...

The debate over whether to provide food assistance and the form that this assistance should take has a long history in economics. Despite the ongoing debate, little rigorous evidence exists that compares food assistance in the form of cash versus in-kind. This paper uses a randomized evaluation...

Aid agencies often provide transfers in food rather than cash out of a paternalistic belief that food transfers will better improve household food security. However, evidence from Latin America shows that cash transfers often increase the share of food in consumption, counter to Engel’s Law....

In 1999 Ecuador experienced an economic crisis that was characterized by drastic increases in prices and the eventual adoption of the dollar as its currency. While many reports show that household consumption decreased and poverty increased, there are no studies on the impact of the crisis on...