Extensive global evidence suggests that conditional cash transfers (CCTs) encourage long-term investment in human 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...

Extensive global evidence suggests that conditional cash transfers (CCTs) encourage long-terminvestment in human 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...

This paper assesses the impact of social assistance benefits on household welfare in Moldova. Ignoring standard issues of impact evaluations such as selection bias, behavioral responses, unobserved heterogeneity and endogeneity, an incidence analysis suggests that increased spending on social...