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Spillover Effects of Transfer Programs

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NBER2026-08-01 更新2026-09-04 收录
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We derive four facts from experiments on the spillover effects of cash and in-kind transfer programs onto non-recipients: (1) average spillovers on consumption and asset value are negligible; (2) negative psychological spillovers emerge in the longer term among households randomly excluded from

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2026-08-01
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