Many poor households in developing countries are liquidity-constrained. As a result, they may under-invest in the human capital of their children. We provide new evidence on the long-term (10-year) effects of cash transfers using data from Ecuador. Our analysis is based on two separate sources...

Many poor households in developing countries are liquidity-constrained. As a result, they may under-invest in the human capital of their children. We provide new evidence on the long-term (10-year) effects of cash transfers using data from Ecuador. Our analysis is based on two separate sources...

Using Israeli data, we estimate the effect of school entrance age (SEA) on student outcomes. Unlike much of the recent literature, our identification strategy strictly satisfies the monotonicity assumption required for interpreting our estimates as the local average treatment effect (LATE), and...