CSAE Research Podcasts - General Equilibrium Effects of Cash Transfers in Kenya

Episode 11 of the CSAE Research Podcasts Series. A series of conversations between researchers and collaborators about projects taking place at the Centre for the Study of African Economies.
Speakers: Dennis Egger (University of Oxford) and Stefan Dercon (University of London
How large economic stimuli generate individual and aggregate responses is a central question in economics but has not been studied experimentally. Working with the NGO GiveDirectly, this project examined the impact of a one-time cash transfers of about USD 1000 to over 10,500 poor households across 653 randomised villages in rural Kenya, on the individual households but also the community at large. The research paper produced from this project was published in Econometrica and won the Frisch Medal Award 2024.
Find out more about the project: www.csae.ox.ac...
Read the full transcript here: csae.web.ox.ac...