This paper examines the effect of cash versus in-kind transfers on local prices. Both types of transfers increase the demand for normal goods; in-kind transfers also increase supply in recipient communities, which should cause prices to fall relative to cash transfers. We test and confirm this...

In poor countries, over a quarter of children under the age of five years are nalnourished. The corresponding rate in rich countries is below 3%. Unfortunately, being undernourished as a child is associated with worse economic outcomes as an adult, largely a result of worse adult health. Thus,...