Social Protection in a Crisis: Argentina's Plan Jefes y Jefas |
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Authors: | Galasso Emanuela; Ravallion Martin |
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Institution: | Emanuela Galasso is an economist in the Development Research Group at the World Bank; her e-mail address is egalasso{at}worldbank.org. Martin Ravallion is research manager in the Development Research Group at the World Bank; his e-mail address is mravallion{at}worldbank.org. |
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Abstract: | The article assesses the impact of Argentinas main socialpolicy response to the severe economic crisis of 2002. The programwas intended to provide direct income support for families withdependents and whose head had become unemployed because of thecrisis. Counterfactual comparisons are based on a matched subsetof applicants not yet receiving program assistance. Panel dataspanning the crisis are also used. The program reduced aggregateunemployment, though it attracted as many people into the workforcefrom inactivity as it did people who otherwise would have beenunemployed. Although there was substantial leakage to formallyineligible families and incomplete coverage of those who wereeligible, the program did partially compensate many losers fromthe crisis and reduced extreme poverty. |
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