Now showing items 1-1 of 1

    • Targeting the poor: a macroeconomic analysis of cash transfer programs 

      Berriel, Tiago Couto; Zilberman, Eduardo
      2011-12-14
      This paper introduces cash transfers targeting the poor in an incomplete markets model with heterogeneous agents facing idiosyncratic risk. These transfers change the degree of insurance in the economy and affect precautionary ...