Working paper
The freedom to choose: theory and quasi-experimental evidence on cash transfer restrictions
- Abstract:
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Should cash transfer programmes restrict consumer choice? For example, should food assistance delivered in cash be restricted to food and exclude temptation goods? Theoretically, if transfers are extra-marginal, restrictions induce (1) a substitution effect away from restricted goods and (2) a negative wealth effect if transfer recipients resell unrestricted goods at a loss to access restricted goods. The welfare impact on transfer recipients is negative. We test and corroborate these predict...
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- Publication status:
- Published
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Authors
Bibliographic Details
- Publisher:
- Centre for the Study of African Economies Publisher's website
- Article number:
- WPS/2021-14
- Series:
- CSAE Working Paper Series
- Publication date:
- 2021-10-20
- Paper number:
- WPS/2021-14
Item Description
- Language:
- English
- Keywords:
- Pubs id:
-
1204262
- Local pid:
- pubs:1204262
- Deposit date:
- 2021-10-20
Terms of use
- Copyright holder:
- Siu et al.
- Copyright date:
- 2021
- Rights statement:
- © 2021 The Author(s).
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