TY  - GEN
AU  - Álvarez, Esteban
AU  - Gallego, Jorge
AU  - Hoffmann, Bridget
AU  - Medina, María Paula
AU  - Pecha, Camilo
AU  - Stampini, Marco
AU  - Vargas, David
AU  - Vera-Cossio, Diego A.
TI  - Research Insights: What Are the Effects of Cash Transfer Programs on Vulnerable Middle-Income Households?
PY  - 2023
Y1  - 2023/03/08
DO  - 10.18235/0004801
AB  - Monthly cash transfers delivered to vulnerable middle-income households in Colombia increase per capita income, but the effects on spending appear small and related to nonfood spending. Cash transfers have a large impact when beneficiary households experience severe economic shocks, suggesting lack of insurance as a major constraint affecting non-poor but vulnerable households. By encouraging the adoption of digital saving accounts, the program also increased access to formal credit.
UR  - https://doi.org/10.18235/0004801
ER  -