Does the form of delivering incentives in conditional cash transfers matter over a decade later?

We study whether Honduran municipalities exposed to a conditional cash transfer program from 2000 to 2005 experience lasting effects on human capital and labor market outcomes. The government randomly assigned three forms of delivering program benefits across targeted municipalities: demand (vouchers), supply (clinic and school subsidies), and a combination of both. This program provides an opportunity to explore if and how differential exposure...