C26

Single Equation Models: Single Variables: Instrumental Variables (IV) Estimation

Small-scale farming and food security: the enabling role of cash transfers in South Africa’s former homelands

Cash transfers successfully alleviate poverty in many developing countries. South Africa is a case in point, implementing one of the largest unconditional cash transfer programmes internationally, and with substantial benefits to household well-being along multiple dimensions. Yet, grants discourage formal labour market attachment, creating dependencies on the fiscus.

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