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Specifically, individuals born late in a quarter receive a larger total transfer than comparable individuals born early in the following quarter. We find that the transfer increases the labor market participation of youth and the number of months worked. The estimated effect is larger for individuals from low\u2010income families. The results suggest that some youths are borrowing constrained. Since we find no evidence of corresponding effects on academic performance, alleviating the constraint appears only to affect consumption decisions and not human capital investment. Copyright \u00a9 2011 John Wiley &amp; Sons, Ltd.<\/jats:p>","DOI":"10.1002\/jae.1267","type":"journal-article","created":{"date-parts":[[2011,9,21]],"date-time":"2011-09-21T09:11:37Z","timestamp":1316596297000},"page":"628-649","source":"Crossref","is-referenced-by-count":5,"title":["THE RESPONSES OF YOUTH TO A CASH TRANSFER CONDITIONAL ON SCHOOLING: A QUASI\u2010EXPERIMENTAL STUDY"],"prefix":"10.1002","volume":"28","author":[{"given":"Maria Knoth","family":"Humlum","sequence":"first","affiliation":[{"name":"School of Economics and Management Aarhus University  Denmark"}],"role":[{"role":"author","vocabulary":"crossref"}]},{"given":"Rune Majlund","family":"Vejlin","sequence":"additional","affiliation":[{"name":"School of Economics and Management Aarhus University  Denmark"}],"role":[{"role":"author","vocabulary":"crossref"}]}],"member":"311","published-online":{"date-parts":[[2011,9,21]]},"reference":[{"key":"e_1_2_9_2_1","doi-asserted-by":"publisher","DOI":"10.2307\/2937954"},{"key":"e_1_2_9_3_1","doi-asserted-by":"publisher","DOI":"10.1162\/003355399556061"},{"key":"e_1_2_9_4_1","doi-asserted-by":"publisher","DOI":"10.1086\/648188"},{"key":"e_1_2_9_5_1","doi-asserted-by":"crossref","unstructured":"AttanasioO MeghirC SantiagoA.2010b.Education choices in Mexico: using a structural model and a randomised experiment to evaluate progress. 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