TY - JOUR
T1 - On the Design of Educational Conditional Cash Transfer Programs and Their Impact on Non-Education Outcomes
T2 - The Case of Teenage Pregnancy
AU - Cortés, Darwin
AU - Gallego, Juan
AU - Maldonado, Darío
N1 - Publisher Copyright:
© 2016 by De Gruyter 2016.
PY - 2016/1/1
Y1 - 2016/1/1
N2 - Using a simple model to characterize adolescents' behavior, we show that the effect of educational Conditional Cash Transfer (CCT) programs on teenage pregnancy depends on the limits and conditions of the programs. The model shows that when benefits are conditional on school success or when the program has a binding duration limit, the CCT reduces teenage pregnancy rates. Using original data, we estimate this relation for two different CCT programs implemented in Bogotá, Colombia. The two programs differ in that only one of them conditions benefit renewal on school success. The empirical results are consistent with the predictions of the model. Only the program that conditions renewal of the transfer, reduces average teenage pregnancy rates. We also find that, also consistent with our model, the other program reduces teenage pregnancy rates only for those girls for which the duration limit is binding.
AB - Using a simple model to characterize adolescents' behavior, we show that the effect of educational Conditional Cash Transfer (CCT) programs on teenage pregnancy depends on the limits and conditions of the programs. The model shows that when benefits are conditional on school success or when the program has a binding duration limit, the CCT reduces teenage pregnancy rates. Using original data, we estimate this relation for two different CCT programs implemented in Bogotá, Colombia. The two programs differ in that only one of them conditions benefit renewal on school success. The empirical results are consistent with the predictions of the model. Only the program that conditions renewal of the transfer, reduces average teenage pregnancy rates. We also find that, also consistent with our model, the other program reduces teenage pregnancy rates only for those girls for which the duration limit is binding.
UR - http://www.scopus.com/inward/record.url?scp=84954451075&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84954451075&partnerID=8YFLogxK
U2 - 10.1515/bejeap-2014-0162
DO - 10.1515/bejeap-2014-0162
M3 - Research Article
AN - SCOPUS:84954451075
SN - 1935-1682
VL - 16
SP - 219
EP - 258
JO - B.E. Journal of Economic Analysis and Policy
JF - B.E. Journal of Economic Analysis and Policy
IS - 1
ER -