We exploit an expansion in social protection to middle-income households to provide evidence on how middle-income households cope with economic shocks and how to build their resilience. We use a regression discontinuity design around the eligibility cutoff for a program that delivered monthly...

Machine generated contents note: I -- EXECUTIVE SUMMARY -- The Panel, 1 -- Findings, 2 -- Key Questions of Interest, 3 -- Evaluation Methods for the Questions of Interest, 7 -- Data for Monitoring and Evaluating Social Welfare Programs, 8 -- 1 INTRODUCTION -- The Panel, 14 -- Policy Background,...