When the Money Runs Out
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World Bank, Washington, DC
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This study examines the medium-term
effects of a two-year cash transfer program targeted to
adolescent girls and young women. Significant declines in
HIV prevalence, teen pregnancy, and early marriage among
recipients of unconditional cash transfers (UCTs) during the
program evaporated quickly two years after the cessation of
transfers. However, children born to UCT beneficiaries
during the program had significantly higher height-for-age
z-scores at follow-up. On the other hand, conditional cash
transfers (CCTs) offered to out-of-school females at
baseline produced a large increase in educational attainment
and a sustained reduction in the total number of births, but
caused no gains in health, labor market outcomes, or
empowerment. The findings point to both the promise and the
limitations of cash transfer programs for sustained gains in
welfare among young women.
Palabras clave
cash transfers, long-term impact, human capital, teen pregnancy, HIV prevalence, adolescent girls, young women, adolescent health