The Comparative Impact of Cash Transfers and a Psychotherapy Program on Psychological and Economic Well-being

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FAIR presents: Johannes Haushofer The Comparative Impact of Cash Transfers and a Psychotherapy Program on Psychological and Economic Well-being

FAIR invites you to a seminar with Johannes Haushofer, Associate professor of economics at the Stockholm University. He is interested in understanding whether poverty has particular psychological and neurobiological consequences, and whether these consequences, in turn, affect economic behavior.

Time
Place
ZOOM
Kalender
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Seminar schedule

  • The seminar starts at 12:15 and lasts about one hour
  • The host will give a short introduction
  • If there is time, there will be a discussion at the end
  • The host will do a closing summary

The Comparative Impact of Cash Transfers and a Psychoteraphy Program on Psychological and Economic Well-being

 

Abstract:
We study the economic and psychological effects of a USD 1076 PPP unconditional cash transfer, a five-week psychotherapy program, and the combination of both inter- ventions among 5,756 individuals in rural Kenya. One year after the interventions, cash transfer recipients had higher consumption, asset holdings, and revenue, as well as higher levels of psychological well-being than control households. In contrast, the psychotherapy program had no measurable effects on either psychological or economic outcomes, both for individuals with poor mental health at baseline and others. The effects of the combined treatment are similar to those of the cash transfer alone.