This study examines the broader economic effects of cash transfers, finding that both recipients and non-recipients saw increased income and spending.
A $1,000 transfer generated approximately $2,500 in total economic impact over 27 months. Recipients also experienced gains in psychological well-being, food security, education, and security, with no significant negative effects on non-recipients. Despite cash transfers exceeding 15% of local GDP, prices rose by only 0.1% on average.