|RELATED TOPICS:||Poverty Reduction and Labor|
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Conditional cash transfer programs are based on a simple, yet powerful premise: creating adequate incentives today to stimulate the accumulation of human capital in poor families can provide future generations with the opportunity to generate their own higher incomes. Looking at the experience of Progresa-Oportunidades--the oldest such program whose results after 10 years provide valuable lessons--offers the opportunity to examine whether the youth of Progresa-Oportunidades, in a not too distant future, will be able to find productive jobs that allow them to escape the poverty that has trapped their parents. In this study, Santiago Levy looks at this question from an innovative perspective, analyzing how the intrinsic structure of incentives created by a set of social policies can aid or inhibit the achievement of the principal objective of Progresa-Oportunidades: to break the intergenerational transmission of poverty. This study can help spark a discussion in many countries on the links between social policy, productivity growth and, in turn, poverty reduction.
There is common sense in the notions that healthier people are more productive and that wealthier people can obtain things that make them healthier. Investigating the strength of these associations, Wealth from Health asks whether investments in health also affect productivity and how public policy can influence this relationship. These questions are probed through a series of Latin American case ... (View publication)
This paper studies the relationship between financial slack and employment formalization by exploiting heterogeneity in industry-level financial dependence in the spirit of Rajan and Zingales (1998). Heterogeneity along with time-series variation in aggregate credit are used to determine industry-level financial slack and measure its relationship to employment formality. Also presented are two bas ... (View publication)
Like its predecessor, (The Latin American Economic Policies Newsletter), IDEA will report on recent research on major economic and social problems affecting Latin America and the Caribbean. New features of the newsletter include information on recent RES publications and presentations, highlights from RES’ macroeconomic monitor (LatinMacroWatch), and news from RES’ numerous networks. (View publication)
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