Using a student level randomization, we compare three education-based conditional cash transfers designs: a standard design, a design where part of the monthly transfers are postponed until children have to re-enroll in school, and a design that lowers the reward for attendance but incentivizes graduation and tertiary enrollment. The two nonstandard designs significantly increase enrollment rates at both the secondary and tertiary levels while delivering the same attendance gains as the standard design. Postponing some of the attendance transfers to the time of re-enrollment appears particularly
effective for the most at-risk children. (JEL H23, I21, I22, J13, O15)
"Improving the Design of Conditional Transfer Programs: Evidence from a Randomized Education Experiment in Colombia."
American Economic Journal: Applied Economics,
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Analysis of Education
Fertility; Family Planning; Child Care; Children; Youth
Economic Development: Human Resources; Human Development; Income Distribution; Migration