Conditional Cash Transfers and Education Quality in the Presence of Credit Constraints

Autor/inn/en	Del Rey, Elena; Estevan, Fernanda
Titel	Conditional Cash Transfers and Education Quality in the Presence of Credit Constraints
Quelle	In: Economics of Education Review, 34 (2013), S.76-84 (9 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0272-7757
DOI	10.1016/j.econedurev.2013.01.006
Schlagwörter	Educational Quality; Public Education; Welfare Services; Parents; Credit (Finance); Efficiency; Educational Finance + Suchen Sie Ihr Suchwort? Quality of education; Bildungsqualität; Öffentliche Erziehung; Fürsorgeeinrichtung; Eltern; Credit; Kredit; Effectiveness; Effektivität; Wirkungsgrad; Bildungsfonds
Abstract	We investigate the relative merits of unconditional cash transfers (UCT), conditional cash transfers (CCT), and the effects of improvements in education quality on efficiency and welfare. In our setting, some parents underinvest in their children's education because capital market imperfections prevent them from borrowing. Under sufficiently accurate targeting, CCT are more effective than UCT in enhancing the efficiency of these households' decisions. However, UCT is superior to CCT in terms of welfare unless targeting is perfect, in which case UCT and CCT are equivalent. Education quality is welfare improving, but may not be efficiency enhancing when public education quality is very low. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10