DOAJ Open Access 2019

Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers

Diego Aycinena Szabolcs Blazsek Lucas Rentschler Betzy Sandoval

Lihat Sumber DOI

Abstrak

Inter-temporal preferences are important determinants of investment decisions, including investments in human capital. Yet, little is known about these preferences for recipients of conditional cash transfers (CCTs). We simultaneously estimate utility curvature (preference for consumption smoothing), discounting, and present biasedness for such recipients. We also introduce a financially motivated method of measuring willingness to forgo funds to control household finances. We find that female participants in a CCT program in Guatemala have very high degrees of utility curvature and low discount factors, which may lead to low levels of investment by participants in the human capital of the household. We also find that intra-household conflict is not significantly related to consumption smoothing, discounting, or present bias.

Topik & Kata Kunci

Economic growth, development, planning Economic history and conditions

Penulis (4)

Diego Aycinena

Szabolcs Blazsek

Lucas Rentschler

Betzy Sandoval

Format Sitasi

APA MLA BibTeX

Aycinena, D., Blazsek, S., Rentschler, L., Sandoval, B. (2019). Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers. https://doi.org/10.1080/15140326.2019.1596641

Akses Cepat

Lihat di Sumber doi.org/10.1080/15140326.2019.1596641

Informasi Jurnal

Tahun Terbit: 2019
Sumber Database: DOAJ
DOI: 10.1080/15140326.2019.1596641
Akses: Open Access ✓