Red de Desarrollo Social de América Latina y el Caribe
Plataforma virtual para la difusión de conocimiento sobre desarrollo social

When cash enters local markets: local economic spillover effects of cash transfers, remittances, and insurance

 

Autor institucional : World Development - Volume 207
Autor/Autores: Constantin Johnen, Michael Ross Carter
Fecha de publicación: 2026-11-01
Alcance geográfico: Mundial
Publicado en: Estados Unidos
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Resumen: This study develops a structured conceptual synthesis that integrates dispersed theoretical and empirical insights on the spillover effects of cash injections. We first develop a unified theoretical framework identifying the key mechanisms and moderating factors shaping spillovers, and then review the empirical literature through its lens. The framework highlights that spillover effects emerge through changes in local prices, wages, and resource sharing within social networks. We further show that the magnitude and direction of these effects depend on the interaction between cash-injection-specific parameters and the local environment, including its local economic structure and the constraints that recipient and non-recipient households face.
   

 

 

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