Our policy question is: when is it optimal for an organization such as Give Directly to transfer money to recipients as soon as possible, and when is it better to delay giving some of the money until the recipients experience an adverse event causing a loss of income.
We’ve found this paper, but it only has aggregated mean/variance quantities across households and only one type of shock. Any pointers would be appreciated!
[Question] Looking for data on distribution of income/wealth over time for rural households
Our policy question is: when is it optimal for an organization such as Give Directly to transfer money to recipients as soon as possible, and when is it better to delay giving some of the money until the recipients experience an adverse event causing a loss of income.
We’ve found this paper, but it only has aggregated mean/variance quantities across households and only one type of shock. Any pointers would be appreciated!