4 ms·
This is quite an interesting paper, thanks. But the idea that cash is useful only if the person is enterprising was not a result of this study, but an opinion t
by Matumio 11y ago
This is quite an interesting paper, thanks. But the idea that cash is useful only if the person is enterprising was not a result of this study, but an opinion that motivated its setup. As they write in the conclusions, it was "our conceptual framework" that suggests that the study has targeted the right (enterprising) people. Which I agree with, considering the variables they were interested in measuring.
Excerpts from the setup:
Groups had to submit a written proposal stating how they would use the grant for non-agricultural skills training and enterprise start-up costs. [...] The central government asked district governments to nominate 2.5 times the number of groups they could fund. [...] Successful proposals [note: randomized] received a large lump sum cash transfer [...] with no government monitoring thereafter.
Excerpts from the conclusions:
These results show that cash grants to groups of young people who develop business plans have large and persistent impacts in moving underemployed into non-agricultural jobs, increasing earnings and work hours. [...] In the end, YOP appears to have reached a group of motivated, able young people, who on average were neither exceptionally poor nor uneducated relative to their peers, in an economy with little financial depth but bouncing back from civil strife. Our conceptual framework suggests this is exactly the group to benefit from a windfall.