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incentivized games

Is the “conditional” in CCTs just a monitoring technology? Evidence from Brazil

David McKenzie's picture

The typical arguments made for the conditioning argument of CCTs are usually based on paternalism (people might have incorrect beliefs about the value of education, or parents may have incomplete altruism for their kids), externalities (the social returns to education exceed the private returns so individuals underinvest),   or political economy (it is easier to sell transfers to the voters if you make them conditional). A