BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//hacksw/handcal//NONSGML v1.0//EN
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTEND:20160119T233000Z
UID:6ad1f8914dad8
DTSTAMP:20261016T031233Z
LOCATION:VPD LL101A
DESCRIPTION:<p>We study the effect of differences in payment frequencies (monthly and bimonthly) across two noncontributory pension programs in Yucatan\, Mexico. Compared to the bimonthly program\, the monthly program increased doctor visits\, reduced the incidence of hunger spells<br />
and lessened the need for support from charities. Under the bimonthly program expenditures on food and beverages significantly decreased near the end of the pay-cycle\, while in comparison with the monthly program expenditures on more expensive non-cereal food as well as ownership of durable goods are higher. The results suggest that frequency of benefit payments is an important design feature of social programs.</p>

URL;VALUE=URI:https://static.usc.edu/events/consumption_smoothing_frequency_benefit_payments_and_effectiveness_social_programs-1449874537
SUMMARY:Consumption Smoothing\, Frequency of Benefit Payments\, and Effectiveness of Social Programs
DTSTART:20160119T220000Z
END:VEVENT
END:VCALENDAR