Cash transfers have been adopted worldwide and credited with significant reductions in poverty. However, their economy-wide effects continue to spark heated debates, particularly due to potential adverse effects on the labor market. This paper studies the impact of a flagship government-run program—Bolsa Família in Brazil—on local economies in a context where such concerns are particularly strong, as eligibility is means-tested. The study finds that...
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INFORMATION
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2021/09/22
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Document de travail de recherche sur les politiques
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WPS9778
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1
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1
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2021/09/22
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Disclosed
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Cash Transfers and the Local Economy: Evidence from Brazil
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Municipalities