Cumulative Impacts of Conditional Cash Transfer Programs: Experimental Evidence from Indonesia
研究印度尼西亚有条件现金转移项目六年后的影响，发现该项目在提高专业分娩率、降低失学率和减少发育迟缓方面有显著效果，但未带来家庭经济的根本性转变。
Conditional cash transfers provide income and promote human capital investments. Yet evaluating their longitudinal impacts is hard, as most experimental evaluations treat control locations after a few years. We examine such impacts in Indonesia after six years, where the program rollout left the experiment largely intact. We find static effects on many targeted indicators: childbirth using trained professionals increased dramatically, and under-15 children not in school fell by half. We observe impacts requiring cumulative investments: stunting fell by 23 percent. While human capital accumulation increased, the transfers did not lead to transformative economic change for recipient households.