You are here:

The impact of a cash transfer program on cognitive achievement: The Bono de Desarrollo Humano of Ecuador


Economics of Education Review Volume 29, Number 1, ISSN 0272-7757 Publisher: Elsevier Ltd


Throughout Latin America, conditional cash transfer (CCT) programs play an important role in social policy. These programs aim to influence the accumulation of human capital, as well as reduce poverty. In terms of educational outcomes, a number of impact evaluation studies have shown that such programs have led to an increase in school enrollment, ensured regular school attendance and led to a reduction in child labor. Theoretically, such cash transfer programs may also be expected to exert a positive impact on students’ test scores, but related empirical evidence is scarce. Accordingly, this paper evaluates the impact of a cash transfer program, the "Bono de Desarrollo Humano" of Ecuador, on students’ cognitive achievements. The paper uses a regression discontinuity strategy to identify the impact of the program on second grade cognitive achievement. Regardless of the specification and sample used, we find no impact of the program on test scores, suggesting that attempts at building human capital, as measured by cognitive achievement, require additional and alternative interventions.


Ponce, J. & Bedi, A.S. (2010). The impact of a cash transfer program on cognitive achievement: The Bono de Desarrollo Humano of Ecuador. Economics of Education Review, 29(1), 116-125. Elsevier Ltd. Retrieved May 29, 2023 from .

This record was imported from Economics of Education Review on March 1, 2019. Economics of Education Review is a publication of Elsevier.

Full text is availabe on Science Direct:



View References & Citations Map

These references have been extracted automatically and may have some errors. Signed in users can suggest corrections to these mistakes.

Suggest Corrections to References