The Impact of Emergency Cash Assistance in a Pandemic: Experimental Evidence from Colombia
成果类型：
Article
署名作者：
Londono-Velez, Juliana; Querubin, Pablo
署名单位：
University of California System; University of California Los Angeles; New York University
刊物名称：
REVIEW OF ECONOMICS AND STATISTICS
ISSN/ISSBN：
0034-6535
DOI：
10.1162/rest_a_01043
发表日期：
2022-01
页码：
157-165
关键词：
摘要：
We study the impact of money on households during the COVID-19 pandemic. In March 2020, Colombia rolled out a new unconditional cash transfer (UCT) to 1 million households in poverty worth US$19 (PPP US$55.6) and paid every five to eight weeks. Using a randomized control trial and linked administrative and survey data, we find the UCT had positive (albeit modest) effects on measures of household well-being (e.g., financial health, food access). Moreover, the UCT boosted support for emergency assistance to households and firms during the crisis and promoted social cooperation. Finally, we explore the bottlenecks in expanding mobile money during a pandemic.
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