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  • M. Caridad Araujo, Mariano Bosch, and Norbert Schady, The Economics of Poverty Traps (University of Chicago Press, 2017), chap. 10, https://www.nber.org/books-and-chapters/economics-poverty-traps/can-cash-transfers-help-households-escape-intergenerational-poverty-trap.

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- Working Paper
Many poor households in developing countries are liquidity-constrained. As a result, they may under-invest in the...

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