| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6108 |
| DP6108 Corporate Governance and Regulation: Can There Be Too Much of a Good Thing? | |
| Stijn Claessens; Valentina Bruno | |
| 发表日期 | 2007-02-14 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | We study the effects of a conditional cash transfers program on school enrollment and performance in Mexico. We provide a theoretical framework for analyzing the dynamic educational process including the endogeneity and uncertainty of performance at school (passing grades) and the effect of a cash transfer program conditional on school attendance. This framework is developed to study the Mexican social program Progresa (called now Oportunidades) in which a randomized experiment has been implemented and allows us to identify the effect of the program on enrollment and performance at school. Using the rules of the conditional program, we can explain the different incentive effects provided. We also derive the formal identifying assumptions needed to estimate consistently the average treatment effects on enrollment and performance at school. We find empirically that this program had always a positive impact on school continuation whereas for performance it had a positive impact at primary school but a negative one at secondary school (a possible consequence of disincentives due to the program termination after the third year of secondary school). |
| 主题 | Development Economics |
| 关键词 | Dynamic decisions Education demand Mexico Randomized experiment School performance Schooling decisions Transfer program Treatment effects |
| URL | https://cepr.org/publications/dp6108 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534947 |
| 推荐引用方式 GB/T 7714 | Stijn Claessens,Valentina Bruno. DP6108 Corporate Governance and Regulation: Can There Be Too Much of a Good Thing?. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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