Document Type

Article

Date

9-9-2008

Embargo Period

12-2-2011

Keywords

tbd

Disciplines

Economics

Description/Abstract

This paper analyzes the relationship between households' wealth and heterogeneous treatment impacts for a market-based training program that has benefited more than 40,000 disadvantaged individuals in Peru since 1996. We proxy long-run wealth by a linear index based on 21 household assets, and three main findings emerge. First, we find that voluntary choices among eligibles, rather than administrative choices, play a bigger role in explaining demographic disparities in program participation. Second, quantile treatment effects on the treated suggest important differences in program impacts at different quantiles of earnings, and strong differences in distributional impacts for men and women. Third, both parametric-based and semiparametric regression-matching estimates reveal that the poorest among the poor benefit the same from the program. It is the type of institution that provides the training services that largely accounts for the heterogeneity of the impacts.

Additional Information

This manuscript is from the Social Science Research Network, for more information see http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1265796#289408

Source

Harvested from ssrn.com

Included in

Economics Commons

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