Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/243240 
Year of Publication: 
2021
Series/Report no.: 
Economic Growth Center Discussion Paper No. 1082
Publisher: 
Yale University, Economic Growth Center, New Haven, CT
Abstract: 
We deliver one month's average profit to a randomly selected group of female microenterprise owners in the Kenyan slum of Dandora, just preceding with the exponential growth of COVID-19 cases. Firm profit, inventory spending, and food expenditures all increase. The transfers simultaneously cause a re-opening of previously closed businesses. PPE spending and precautionary management practices increase to mitigate this effect, but only among those who perceive COVID-19 as a major health risk. Cash transfers can assist in economic stabilization during a pandemic, but the resulting increase in business activity requires policies to inform and encourage mitigation.
Subjects: 
COVID-19
cash transfers
microenterprises
women
JEL: 
J16
O12
Document Type: 
Working Paper

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