| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w26600 |
| 来源ID | Working Paper 26600 |
| General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya | |
| Dennis Egger; Johannes Haushofer; Edward Miguel; Paul Niehaus; Michael W. Walker | |
| 发表日期 | 2019-12-30 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | How large economic stimuli generate individual and aggregate responses is a central question in economics, but has not been studied experimentally. We provided one-time cash transfers of about USD 1000 to over 10,500 poor households across 653 randomized villages in rural Kenya. The implied fiscal shock was over 15 percent of local GDP. We find large impacts on consumption and assets for recipients. Importantly, we document large positive spillovers on non-recipient households and firms, and minimal price inflation. We estimate a local transfer multiplier of 2.4. We interpret welfare implications through the lens of a simple household optimization framework. |
| 主题 | Macroeconomics ; Fiscal Policy ; Public Economics ; Taxation ; Development and Growth ; Development ; Regional and Urban Economics ; Regional Economics |
| URL | https://www.nber.org/papers/w26600 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/584274 |
| 推荐引用方式 GB/T 7714 | Dennis Egger,Johannes Haushofer,Edward Miguel,et al. General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya. 2019. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w26600.pdf（560KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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