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5 Years in Juntos: New Evidence on the Program’s Short and Long-Term Impacts

Author

Listed:
  • Elizaveta Perova

    (World Bank)

  • Renos Vakis

    (World Bank)

Abstract

This study presents results from a quantitative impact evaluation of the Conditional Cash Transfer (CCT) program, Juntos, in Peru. Using instrumental variable techniques, it estimates the overall impact of Juntos five years after its initial rollout and explores the differential impacts among beneficiaries according to the length of time they spent in the program. In so doing, the analysis explores whether it takes time for the program to make significant and sizable impacts; and whether some impacts change in magnitude the longer the beneficiaries spend in the program. The results seem to confirm both hypotheses: almost all indicators of interest are significantly higher among beneficiaries with longer treatment spells. However, in many cases these improvements are too small to be picked up in the analysis of overall effects, when beneficiaries are compared to non-beneficiaries. These findings suggest that while the program has a non negligible impact on welfare, there is room for improvement.

Suggested Citation

  • Elizaveta Perova & Renos Vakis, 2012. "5 Years in Juntos: New Evidence on the Program’s Short and Long-Term Impacts," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, vol. 35(69), pages 53-82.
    • Handle: RePEc:pcp:pucrev:y:2012:i:69:p:53-82
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    File URL: http://revistas.pucp.edu.pe/index.php/economia/article/view/2710/2654
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    Citations

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    Cited by:

    1. Boyd, Chris M. & Bellemare, Marc F., 2022. "Why not insure prices? Experimental evidence from Peru," Journal of Economic Behavior & Organization, Elsevier, vol. 202(C), pages 580-631.
    2. Borga, Liyousew G. & D’Ambrosio, Conchita, 2021. "Social protection and multidimensional poverty: Lessons from Ethiopia, India and Peru," World Development, Elsevier, vol. 147(C).
    3. Natalia Guerrero & Oswaldo Molina & Diego Winkelried, 2020. "Conditional cash transfers, spillovers, and informal health care: Evidence from Peru," Health Economics, John Wiley & Sons, Ltd., vol. 29(2), pages 111-122, February.
    4. Moussa, Wael & Salti, Nisreen & Irani, Alexandra & Mokdad, Rima Al & Jamaluddine, Zeina & Chaaban, Jad & Ghattas, Hala, 2022. "The impact of cash transfers on Syrian refugee children in Lebanon," World Development, Elsevier, vol. 150(C).
    5. Dragan Filipovich & Miguel Niño-Zarazúa & Alma Santillán Hernández, 2018. "Campaign externalities, programmatic spending, and voting preferences in rural Mexico: The case of Progresa-Oportunidades-Prospera programme," WIDER Working Paper Series wp-2018-27, World Institute for Development Economic Research (UNU-WIDER).
    6. White, Justin S. & Basu, Sanjay, 2016. "Does the benefits schedule of cash assistance programs affect the purchase of temptation goods? Evidence from Peru," Journal of Health Economics, Elsevier, vol. 46(C), pages 70-89.
    7. Sonia Laszlo & Muhammad Farhan Majid & Laëtitia Renée, 2024. "Conditional cash transfers and women's reproductive choices," Health Economics, John Wiley & Sons, Ltd., vol. 33(2), February.
    8. Dragan Filipovich & Miguel Niño-Zarazúa & Alma Santillán Hernández, 2018. "Campaign externalities, programmatic spending, and voting preferences in rural Mexico: The case of Progresa-Oportunidades-Prospera programme," WIDER Working Paper Series 027, World Institute for Development Economic Research (UNU-WIDER).
    9. Jose Cuesta & Mario Negre & Ana Revenga & Maika Schmidt, 2018. "Tackling Income Inequality: What Works and Why?," Journal of Income Distribution, Ad libros publications inc., vol. 26(1), pages 1-48, March.
    10. Mejía Acosta, Andrés & Haddad, Lawrence, 2014. "The politics of success in the fight against malnutrition in Peru," Food Policy, Elsevier, vol. 44(C), pages 26-35.
    11. Salti, Nisreen & Chaaban, Jad & Moussa, Wael & Irani, Alexandra & Al Mokdad, Rima & Jamaluddine, Zeina & Ghattas, Hala, 2022. "The impact of cash transfers on Syrian refugees in Lebanon: Evidence from a multidimensional regression discontinuity design," Journal of Development Economics, Elsevier, vol. 155(C).
    12. Insa Flachsbarth & Simone Schotte & Jann Lay & Alberto Garrido, 2018. "Rural structural change, poverty and income distribution: evidence from Peru," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 631-653, December.
    13. Anja Gaentzsch, 2020. "Do conditional cash transfers (CCTs) raise educational attainment? An impact evaluation of Juntos in Peru," Development Policy Review, Overseas Development Institute, vol. 38(6), pages 747-765, November.
    14. Patel-Campillo, Anouk & Salas García, V.B., 2022. "Breaking the poverty cycle? Conditional cash transfers and higher education attainment," LSE Research Online Documents on Economics 115021, London School of Economics and Political Science, LSE Library.
    15. Patel-Campillo, Anouk & García, V.B. Salas, 2022. "Breaking the poverty cycle? Conditional cash transfers and higher education attainment," International Journal of Educational Development, Elsevier, vol. 92(C).
    16. Juan‐José Díaz & Victor Saldarriaga, 2019. "Encouraging use of prenatal care through conditional cash transfers: Evidence from JUNTOS in Peru," Health Economics, John Wiley & Sons, Ltd., vol. 28(9), pages 1099-1113, September.
    17. Sandra García & Juan Saavedra, 2017. "Educational Impacts and Cost-Effectiveness of Conditional Cash Transfer Programs in Developing Countries: A Meta-Analysis," NBER Working Papers 23594, National Bureau of Economic Research, Inc.
    18. Matthew Walsh & Santiago Poy & Ianina Tuñón, 2020. "The Impact of Health Conditionalities in Conditional Cash Transfer Programmes: the case of the AUH in Argentina," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, vol. 85(4), June.
    19. Gaentzsch, Anja, 2017. "Do conditional cash transfers (CCT) raise educational attainment? A case study of Juntos in Peru," Discussion Papers 2017/9, Free University Berlin, School of Business & Economics.
    20. James Manley & Vanya Slavchevska, 2019. "Are cash transfers the answer for child nutrition in sub‐Saharan Africa? A literature review," Development Policy Review, Overseas Development Institute, vol. 37(2), pages 204-224, March.
    21. Douglas Scott & Jennifer Lopez & Alan Sánchez & Jere Behrman, 2022. "The impact of the JUNTOS conditional cash transfer programme on foundational cognitive skills: Does age of enrollment matter?," PIER Working Paper Archive 22-019, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    More about this item

    Keywords

    poverty; transfers; Peru;
    All these keywords.

    JEL classification:

    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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