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asset transfers

Poverty reduction through large asset transfers: a look at the long run

Markus Goldstein's picture
Last year, Banerjee and coauthors published a paper in Science that showed the striking impacts of poverty graduation programs in 6 countries after three years.   This week, we get a new paper from Bandiera and coauthors that revisits one of the models of this type of program they wrote about in 2013 and looks not only at a wide range of benefits, but also at what happens in the longer run.