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General Equilibrium Effects of Cash Transfers: Experimental Evidence From Kenya

Dennis Egger; Johannes Haushofer; Edward Miguel; Paul Niehaus; Michael Walker · Econometrica 90(6): 2603–2643 · 2022

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Type
Article
Author
Dennis Egger; Johannes Haushofer; Edward Miguel; Paul Niehaus; Michael Walker
Identifier
DOI 10.3982/ECTA17945
Accessed
2026-09-01

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1 claims
EstablishedA separate GiveDirectly programme of one-off transfers of about $1,000 to over 10,500 poor households in 653 villages in rural Kenya produced large spillovers to non-recipients and firms, minimal inflation and an estimated local multiplier of 2.5.