Cash transfers cause persistent jobs boost in Brazil, research finds

SF Fed paper argues previous research neglected effects on informal employment

Brazil 200 real banknotes
Brazilian real notes

Persistent cash transfers may raise employment and GDP in developing countries, say researchers from the Federal Reserve Bank of San Francisco. 

The working paper examines Brazil’s Bolsa Familia transfer programme, and is written by Arthur Mendes, Wataru Miyamoto, Thuy Lan Nguyen, Steven Pennings and Leo Feler. 

The Bolsa Familia programme, instituted in 2003, distributes money to families in exchange for their providing evidence of their children’s vaccination and school attendance. 

The effects

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