THE IMPACT OF EMERGENCY CASH ASSISTANCE IN A PANDEMIC: EXPERIMENTAL EVIDENCE FROM COLOMBIA
{{output}}
We study the impact of money on households during the COVID-19 pandemic. In March 2020, Colombia rolled out a new unconditional cash transfer (UCT) to 1 million households in poverty worth US$19 (PPP US$55.6) and paid every five to eight weeks. Using a randomi... ...