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Sustaining Impacts When Transfers End: Women Leaders, Aspirations, and Investment in Children

Karen Macours, Renos Vakis

NBER Working Paper No. 22871
Issued in November 2016

---- Acknowledgments ----

We are grateful to the program team at the Ministerio de la Familia and in particular Carold Herrera and Teresa Suazo for their collaboration during the design of the impact evaluation, as well as the Centro de Investigación de Estudios Rurales y Urbanos de Nicaragua (in particular Veronica Aguilera, and Enoe Moncada) for excellent data collection. We are indebted to Ximena Del Carpio, Fernando Galeana, and Patrick Premand for countless contributions to the wider research project. We also would like to thank Caridad Araujo, Mariano Bosch, Karla Hoff, Norbert Schady, and participants of the NBER conference on The Economics of Asset Accumulation and Poverty Traps for their suggestions. Financial support for this research has been received from BASIS-AMA (under the USAID Agreement No. EDH-A- 00-06-0003-00 awarded to the Assets and Market Access Collaborative Research Support Program) and the World Bank (ESSD trust funds, the RRB grant, as well as the Government of the Netherlands through the BNPP program). The views expressed in this paper are those of the authors and do not necessarily reflect those of the World Bank, any of its affiliated organizations, or the National Bureau of Economic Research. All errors and omissions are our own.

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