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What is 3 Bss Malawi 2026 about?

This document explores the macroeconomic and distributional effects of large-scale cash transfers using a two-region heterogeneous-agent model, informed by a large-scale experiment in rural Malawi. The findings indicate that while large transfers temporarily boost consumption and liquid assets, their more lasting impact is on productive capital, with varying effects on entrepreneurship based on household wealth. The study highlights significant regional spillovers and the importance of understanding general

Author

Mahdi Z K

Language

EN