Theoretically, the effect of household cash transfers depends on how businesses respond to the demand shock and on the resulting effect on prices. Such market effects have been largely overlooked in the literature, which mostly focuses on direct impacts on households. We study the impact of a...

We evaluate the impact on household income of Viet Nam's national target programme to build a new countryside for the period from 2010 to 2015. The purpose of the programme is to modernize rural Viet Nam. Given the universal implementation of the programme, we use a quasi-experimental approach...