# **S2: Comparison of Midline vs. Endline Impacts**

Table S2.1: EFFECTS ON INFORMAL TRANSFERS OF ULTRA-POOR HOUSEHOLDS

||Transfers<br>in past 1|received<br>2 months|Transf<br>in past|ers given<br>12 months|Net transf<br>in past 1|ers received<br>2 months|
|---|---|---|---|---|---|---|
||(Yes=1)|(BDT)|(Yes=1)|(BDT)|(Yes=1)|(BDT)|
||(1)|(2)|(3)|(4)|(5)|(6)|
|Treatment|-0.127***|-39.352|0.003|20.821|-0.129***|-66.353|
||(0.037)|(106.079)|(0.016)|(78.595)|(0.035)|(95.392)|
|Treatment_×_Endline|-0.004|-130.624|0.017|40.111|-0.004|-170.735|
||(0.063)|(245.323)|(0.028)|(116.845)|(0.057)|(192.236)|
|Mean in control|0.497|783.055|0.059|143.978|0.484|639.076|
|Adjusted R-squared|0.126|0.027|0.030|0.001|0.120|0.019|
|Observations|13464|13464|13464|13464|13464|13464|
||**Panel B**|**: Transfers**|**within t**|**he village**|||
|Treatment|-0.049**|55.780**|-0.004|-7.351|-0.048**|63.323**|
||(0.019)|(27.359)|(0.006)|(7.839)|(0.019)|(29.878)|
|Treatment_×_Endline|0.025|-29.068|0.007|6.462|0.022|-35.529|
||(0.026)|(49.401)|(0.009)|(9.203)|(0.025)|(51.095)|
|Mean in control|0.148|142.403|0.015|11.865|0.147|130.538|
|Adjusted R-squared|0.041|0.004|0.014|0.001|0.041|0.003|
|Observations|13464|13464|13464|13464|13464|13464|
||**Panel C**|**: Transfers**|**outside t**|**he village**|||
|Treatment|-0.119***|-94.086|0.004|28.196|-0.119***|-130.179|
||(0.034)|(92.347)|(0.013)|(77.689)|(0.032)|(84.062)|
|Treatment_×_Endline|-0.008|-101.556|0.014|33.650|-0.007|-135.206|
||(0.057)|(216.646)|(0.022)|(118.138)|(0.052)|(164.083)|
|Mean in control|0.430|640.652|0.048|132.113|0.420|508.539|
|Adjusted R-squared|0.117|0.027|0.023|0.000|0.112|0.018|
|Observations|13464|13464|13464|13464|13464|13464|

**Source:** Author’s analysis based on original survey data. **Notes:** The table reports ITT estimates based on specification (2) estimated with OLS. The sample includes observations from ultra-poor households surveyed at the midline and endline surveys. All specifications control for the baseline level of the outcome, survey wave and subdistrict (strata) fixed effects. Standard errors are clustered at the BRAC branch office level (unit of randomization). All monetary values are measured in Bangladeshi Takas, deflated to 2007 prices using the annual CPI index published by the Bank of Bangladesh. In 2007, 1USD=69BDT. *** (**) (*) indicates significance at the 1% (5%) (10%) level. The dependent variable in Panel A, column 1 is a dummy variable (DV) equal to 1 if the respondent’s household received any transfers (in cash or in kind) from another household during the 12 months preceding the survey; in column 2 it is the monetary value of transfers received during the past 12 months; in column 3 it is a DV equal to 1 if the respondent’s household gave any transfers to another household during the past 12 months; in column 4 it is the monetary value of all transfers given by the respondent’s household during the last 12 months; in column 6 it is a DV equal to 1 if the respondent’s household was a net transfer receiver in the past 12 months; in column 6 it is the monetary value of transfers received minus transfers made by the respondent’s household in the past 12 months. All dependent variables in Panel B (C) are identical to those in Panel A, except they refer to within (outside) village transfers.

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