Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers

Inter-temporal preferences are important determinants of investment decisions, including investments in human capital. Yet, little is known about these preferences for recipients of conditional cash transfers (CCTs). We simultaneously estimate utility curvature (preference for consumption smoothing)...

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Tipo de recurso:
Fecha de publicación:
2019
Institución:
Universidad del Rosario
Repositorio:
Repositorio EdocUR - U. Rosario
Idioma:
eng
OAI Identifier:
oai:repository.urosario.edu.co:10336/22229
Acceso en línea:
https://doi.org/10.1080/15140326.2019.1596641
https://repository.urosario.edu.co/handle/10336/22229
Palabra clave:
Consumption smoothing
Discounting
Field experiments
Intra-household control
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spelling 71597060001469401-1e1b-4cfe-b75f-cf36c54decfb-13a1e0674-fc05-4513-b46b-b21a85902000-1a95a629b-d871-4461-8047-95ca8174a6a0-12020-05-25T23:55:49Z2020-05-25T23:55:49Z2019Inter-temporal preferences are important determinants of investment decisions, including investments in human capital. Yet, little is known about these preferences for recipients of conditional cash transfers (CCTs). We simultaneously estimate utility curvature (preference for consumption smoothing), discounting, and present biasedness for such recipients. We also introduce a financially motivated method of measuring willingness to forgo funds to control household finances. We find that female participants in a CCT program in Guatemala have very high degrees of utility curvature and low discount factors, which may lead to low levels of investment by participants in the human capital of the household. We also find that intra-household conflict is not significantly related to consumption smoothing, discounting, or present bias. © 2019, © 2019 The Author(s). Published by Informa UK Limited, trading as Taylor and Francis Group.application/pdfhttps://doi.org/10.1080/15140326.2019.15966411667672615140326https://repository.urosario.edu.co/handle/10336/22229engTaylor and Francis Ltd.241No. 1218Journal of Applied EconomicsVol. 22Journal of Applied Economics, ISSN:16676726, 15140326, Vol.22, No.1 (2019); pp. 218-241https://www.scopus.com/inward/record.uri?eid=2-s2.0-85064943856&doi=10.1080%2f15140326.2019.1596641&partnerID=40&md5=30da9d92d43ceb7a8d6aaca823cb6ec9Abierto (Texto Completo)http://purl.org/coar/access_right/c_abf2instname:Universidad del Rosarioreponame:Repositorio Institucional EdocURConsumption smoothingDiscountingField experimentsIntra-household controlSmoothing, discounting, and demand for intra-household control for recipients of conditional cash transfersarticleArtículohttp://purl.org/coar/version/c_970fb48d4fbd8a85http://purl.org/coar/resource_type/c_6501Aycinena Abascal, DiegoBlazsek, SzabolcsRentschler, LucasSandoval, Betzy10336/22229oai:repository.urosario.edu.co:10336/222292022-05-02 07:37:19.267439https://repository.urosario.edu.coRepositorio institucional EdocURedocur@urosario.edu.co
dc.title.spa.fl_str_mv Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
title Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
spellingShingle Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
Consumption smoothing
Discounting
Field experiments
Intra-household control
title_short Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
title_full Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
title_fullStr Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
title_full_unstemmed Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
title_sort Smoothing, discounting, and demand for intra-household control for recipients of conditional cash transfers
dc.subject.keyword.spa.fl_str_mv Consumption smoothing
Discounting
Field experiments
Intra-household control
topic Consumption smoothing
Discounting
Field experiments
Intra-household control
description Inter-temporal preferences are important determinants of investment decisions, including investments in human capital. Yet, little is known about these preferences for recipients of conditional cash transfers (CCTs). We simultaneously estimate utility curvature (preference for consumption smoothing), discounting, and present biasedness for such recipients. We also introduce a financially motivated method of measuring willingness to forgo funds to control household finances. We find that female participants in a CCT program in Guatemala have very high degrees of utility curvature and low discount factors, which may lead to low levels of investment by participants in the human capital of the household. We also find that intra-household conflict is not significantly related to consumption smoothing, discounting, or present bias. © 2019, © 2019 The Author(s). Published by Informa UK Limited, trading as Taylor and Francis Group.
publishDate 2019
dc.date.created.spa.fl_str_mv 2019
dc.date.accessioned.none.fl_str_mv 2020-05-25T23:55:49Z
dc.date.available.none.fl_str_mv 2020-05-25T23:55:49Z
dc.type.eng.fl_str_mv article
dc.type.coarversion.fl_str_mv http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.coar.fl_str_mv http://purl.org/coar/resource_type/c_6501
dc.type.spa.spa.fl_str_mv Artículo
dc.identifier.doi.none.fl_str_mv https://doi.org/10.1080/15140326.2019.1596641
dc.identifier.issn.none.fl_str_mv 16676726
15140326
dc.identifier.uri.none.fl_str_mv https://repository.urosario.edu.co/handle/10336/22229
url https://doi.org/10.1080/15140326.2019.1596641
https://repository.urosario.edu.co/handle/10336/22229
identifier_str_mv 16676726
15140326
dc.language.iso.spa.fl_str_mv eng
language eng
dc.relation.citationEndPage.none.fl_str_mv 241
dc.relation.citationIssue.none.fl_str_mv No. 1
dc.relation.citationStartPage.none.fl_str_mv 218
dc.relation.citationTitle.none.fl_str_mv Journal of Applied Economics
dc.relation.citationVolume.none.fl_str_mv Vol. 22
dc.relation.ispartof.spa.fl_str_mv Journal of Applied Economics, ISSN:16676726, 15140326, Vol.22, No.1 (2019); pp. 218-241
dc.relation.uri.spa.fl_str_mv https://www.scopus.com/inward/record.uri?eid=2-s2.0-85064943856&doi=10.1080%2f15140326.2019.1596641&partnerID=40&md5=30da9d92d43ceb7a8d6aaca823cb6ec9
dc.rights.coar.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.rights.acceso.spa.fl_str_mv Abierto (Texto Completo)
rights_invalid_str_mv Abierto (Texto Completo)
http://purl.org/coar/access_right/c_abf2
dc.format.mimetype.none.fl_str_mv application/pdf
dc.publisher.spa.fl_str_mv Taylor and Francis Ltd.
institution Universidad del Rosario
dc.source.instname.spa.fl_str_mv instname:Universidad del Rosario
dc.source.reponame.spa.fl_str_mv reponame:Repositorio Institucional EdocUR
repository.name.fl_str_mv Repositorio institucional EdocUR
repository.mail.fl_str_mv edocur@urosario.edu.co
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