Londoño-Vélez Juliana, Querubín Pablo
Londoño-Vélez: UCLA; Querubín: New York University.
Rev Econ Stat. 2022 Jan;104(1):157-165. doi: 10.1162/rest_a_01043. Epub 2022 Jan 4.
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 randomized control trial and linked administrative and survey data, we find the UCT had positive (albeit modest) effects on measures of household well-being (e.g., financial health, food access). Moreover, the UCT boosted support for emergency assistance to households and firms during the crisis and promoted social cooperation. Finally, we explore the bottlenecks in expanding mobile money during a pandemic.
我们研究了新冠疫情期间资金对家庭的影响。2020年3月,哥伦比亚向100万户贫困家庭推出了一项新的无条件现金转移(UCT)计划,每户金额为19美元(购买力平价55.6美元),每五到八周支付一次。通过随机对照试验以及关联的行政和调查数据,我们发现无条件现金转移对家庭福祉指标(如财务健康、食品获取)产生了积极(尽管较为适度)的影响。此外,无条件现金转移在危机期间增加了对家庭和企业紧急援助的支持,并促进了社会合作。最后,我们探讨了疫情期间扩大移动货币的瓶颈。