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Sastry's 10-year study of New Orleans Katrina evacuees shows demographic differences between returning and nonreturning

Stafford says less educated, smaller investors more likely to sell off stock and lock in losses during market downturn

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Deirdre Bloome wins ASA award for work on racial inequality and intergenerational transmission

Bob Willis awarded 2015 Jacob Mincer Award for Lifetime Contributions to the Field of Labor Economics

David Lam is new director of Institute for Social Research

Elizabeth Bruch wins Robert Merton Prize for paper in analytic sociology

Next Brown Bag

Monday, Oct 12
Joe Grengs, Policy & Planning for Social Equity in Transportation

Manuela Angelucci photo

The Impact of Oportunidades on Consumption, Savings and Transfers

Publication Abstract

Angelucci, Manuela, O. Attanasio, and V. Di Maro. 2012. "The Impact of Oportunidades on Consumption, Savings and Transfers." Fiscal Studies, 33(3): 305-334.

In this paper, we estimate the effect of the Mexican conditional cash transfer programme, Oportunidades, on transfers, savings and consumption for treated households. We find positive effects on consumption of non-durable and durable goods, an increase in savings coupled with a drop in the number and values of loans, and a reduction of in-kind transfers received by households in treatment areas. These results are consistent with the existing evidence that conditional cash transfer programmes have beneficial effects in both the short and medium term, but that they partly crowd out private transfers.

DOI:10.1111/j.1475-5890.2012.00163.x (Full Text)

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