For years, the central bank has made stability its watchword, which for the money markets meant it would always provide liquidity when cash conditions tightened.
In the past few years, traditional methods of fighting poverty have been upended by a new idea: give the poor cash — conditioned on behaviors such as keeping their children in school that will help the next generation stay out of poverty.
By Sarah J. Baird, Ephraim Chirwa, Jacobus de Hoop, Berk Özler "Cash or Condition: Evidence from a cash transfer experiment".
These provide poor people with cash on condition they send their children to school and for medical treatment.
In three of the medical center sites, patients were randomly assigned to either a $2 or $5 prepaid cash incentive condition, and the data from these three sites were used for this paper.
In the latest study, however, researchers provided cash without conditions.
Washington regularly doles out cash, with conditions, to cities, states, individuals and NGOs.
In Illinois' current cash-strapped condition, lottery revenues -- which contribute to schools and capital projects like road and bridge construction and repair -- could be a huge relief.
As this article reports on the topic of cash transfers conditions, we only report on the 13 codes, or basic themes, that shed light on our quantitative findings.
Such mechanisms include for example, cash transfers conditioned on utilisation of health care by small children and young mothers, and subsidised health care for particular age groups.
