Posts by Jeremy Shapiro and Johannes Haushofer
NB Financial Health
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NexThought Monday – Cash Transfers, Prejudice and Mental Health: MIT researchers discuss some overlooked aspects of their RCT on GiveDirectly
Cash transfers to the poor are often criticized as “handouts,” which dilute incentives to work, instill dependency, and may be wasted on alcohol, tobacco or other potentially harmful activities. But the researchers behind the recent randomized controlled trial on the cash transfer charity GiveDirectly argue that these criticisms are based on prejudice rather than fact, and that the economic impact of cash transfers is only part of the story.