Karen Macours|Teresa Molina Millán|Tania Barham|John A. Maluccio|Marco Stampini
Long-Term Impacts of Conditional Cash Transfers: Review of the Evidence
University of Colorado Boulder|Middlebury College|Inter-American Development Bank
conditional cash transfer cct programs started late 1990s latin america become antipoverty program choice many developing countries region beyond paper reviews literature longterm impacts human capital related outcomes observed children reached later stage life cycle focusing two lifecycle transitions first includes children exposed ccts utero early childhood reached school ages second includes children exposed ccts school ages reached young adulthood studies find positive longterm effects schooling fewer find positive impacts cognitive skills learning socioemotional skills impacts employment earnings mixed possibly former beneficiaries often still young number studies find estimates statistically different zero often possible confident due actual lack impact rather methodological challenges facing longterm evaluations developing opportunities analyses rigorous identification strategies measurement longterm impacts high research agenda original beneficiaries age also increasingly possible indeed important concluding whether ccts lead sustainable poverty reduction