Galasso, EmanuelaRavallion, Martin2014-02-262014-02-262004-09World Bank Economic Reviewhttps://hdl.handle.net/10986/17165The article assesses the impact of Argentina's main social policy response to the severe economic crisis of 2002. The program was intended to provide direct income support for families with dependent sand whose head had become unemployed because of the crisis. Counter factual comparisons are based on a matched subset of applicants not yet receiving program assistance. Panel data spanning the crisis are also used. The program reduced aggregate unemployment, though it attracted as many people into the workforce from inactivity as it did people who otherwise would have been unemployed. Although there was substantial leakage to formally ineligible families and incomplete coverage of those who were eligible, the program did partially compensate many losers from the crisis and reduced extreme poverty.en-USCC BY-NC-ND 3.0 IGOAGGREGATE UNEMPLOYMENTAGGREGATE UNEMPLOYMENT RATEANNUAL INFLATIONBENEFICIARIESCOUNTERFACTUALCOUNTERFACTUAL OUTCOMECRISESCROSS-SECTIONAL DATACUMULATIVE DISTRIBUTION FUNCTIONDEPENDENT VARIABLEDESCRIPTIVE STATISTICSDEVELOPING COUNTRIESDISTRIBUTIONAL IMPACTECONOMIC ACTIVITYECONOMIC DEVELOPMENTECONOMIC GROWTHECONOMIC RESEARCHECONOMIC REVIEWECONOMIC STUDIESECONOMICSEMPLOYEEEMPLOYMENT STATUSEQUILIBRIUM WAGESEX POST EVALUATIONEXPLANATORY POWEREXPLANATORY VARIABLESFINANCIAL CRISISFORMAL LABOR MARKETFORMAL SECTOR WORKERGROSS WAGEHIGH UNEMPLOYMENTHOUSEHOLD CHARACTERISTICSHOUSEHOLD COMPOSITIONHOUSEHOLD INCOMEHOUSEHOLD MEMBERSHOUSEHOLD SIZEHOUSEHOLD SURVEYHOUSEHOLD SURVEYSINCOMEINCOME DISTRIBUTIONINCOME IMPACTSINCOME SHOCKSINCOME SUPPORTINCOME TRANSFERINCOMESINDIVIDUAL INCOMESINFLATION RATEINFORMAL SECTORINTERVENTIONJOB EARNINGJOB TRAININGJOBSLABOR FORCELABOR FORCE PARTICIPATIONLABOR MARKET IMPACTLABOR SUPPLYLIVING STANDARDSMATCHING METHODSMINIMUM WAGENONEXPERIMENTAL METHODSNONGOVERNMENTAL ORGANIZATIONS0 HYPOTHESISOCCUPATIONOLD AGEOPPORTUNITY COSTPARTICIPATION RATESPER CAPITA INCOMEPOORPOOR PEOPLEPOVERTY IMPACTPOVERTY INCIDENCEPOVERTY LINEPOVERTY LINESPOVERTY MEASURESPOVERTY RATEPOVERTY RATESPRIVATE COMPANYPROGRAM ADMINISTRATORSPROGRAM EVALUATIONPROGRAMSPUBLIC ECONOMICSPUBLIC SECTORPUBLIC TRANSFERSREAL INCOMEREAL WAGESREDUCING POVERTYREGIONAL DIFFERENCESRESERVATION WAGESSAFETYSAFETY NETSELECTION BIASSERVANTSSOCIAL ASSISTANCESOCIAL DEVELOPMENTSOCIAL POLICYSOCIAL SAFETYSOCIAL SECURITYSOCIAL SPENDINGTARGETINGTRAINING PROGRAMTRANSFER PROGRAMSUNEMPLOYEDUNEMPLOYED FEMALEUNEMPLOYED PARTICIPANTSUNEMPLOYED PEOPLEUNEMPLOYMENT RATEUNEMPLOYMENT RATESWAGE SUBSIDYWORK ACTIVITIESWORKERSWORKFARE PARTICIPANTSJournal ArticleWorld Bank10.1596/17165