Abstract
We evaluate the impact of the conditional cash transfer program 'Avancemos' on enrollment in formal secondary education among students aged 12 to 19 in Costa Rica. Using panel data from the National Household Survey from 2015 to 2018, we employed a fixed-effect regression model to eliminate sources of bias related to differences in students' characteristics, that do not vary over time. We find a positive impacts of 16 percentage points on attendance. These results were robust to changes in the periods of analysis and when using a random-effect model. In addition, we found greater effects in males, rural areas, and grades 7th-9th. Additionally, the effects of Avancemos in reintegrating students are higher than in retention. These results provide evidence about the positive effects of the Avancemos program on education and underscore the opportunities that exist to increase its impacts.
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