Tag
fungibility
3 findings
EducationIncome Elasticity of Education DemandThe observed 76% private expenditure offset yielded an estimated income elasticity of education spending between 1.8 and 4.6, confirming that education acts as a luxury good and families reallocate funds rationally across household budget lines.RCTEducationInframarginal Grant ProvisionOnly 12 percent of control group households reported spending less than the annual grant value (Rs 125/year) on their child's education, confirming the grant was inframarginal for 88 percent of households and easily offset.RCTDevelopmentRemittance Labeling Expenditure IneffectivenessRemittance labeling produced a non-significant reduction of -0.200 log points in household expenditure on migrant priority items across the full sample (-0.189 log points for low baseline remitters and -0.225 log points for high baseline remitters). Expenditures on education showed an unexpected statistically significant drop of -0.432 log points (p < 0.05).RCT