RT Journal Article T1 Show me the money!: the impact of a conditional cash transfer on educational achievement A1 Pedraja-Chaparro, Francisco Manuel A1 Santín González, Daniel A1 Simancas, Rosa Fermina AB During the global economic crisis, unemployment rates increased dramatically across Europe, especially among the least educated population groups. The picture in Spain in 2012, with unemployment rates running at over 20% and youth employment close to 45%, was discouraging. In face of this situation, the Spanish autonomous government of Extremadura launched a programme specifically aimed at motivating unemployed individualswithout a school degree to return to education and earn the compulsory secondary education diploma. This paper applies a fuzzy regression discontinuity design to evaluate the impact of this conditional cash transfer programme using administrative data. The results show that the programme did not increase the likelihood of earning the lower secondary education diploma. This finding is a caveat emptor for governments considering similar policies, and remarks again the importance of testing innovations before generalization. PB Springer SN 0377-7332 YR 2022 FD 2022-02-18 LK https://hdl.handle.net/20.500.14352/101904 UL https://hdl.handle.net/20.500.14352/101904 LA eng NO Pedraja-Chaparro, F., Santín, D., & Simancas, R. (2022). Show me the money! The impact of a conditional cash transfer on educational achievement. Empirical Economics, 63(5), 2721-2750. NO Spanish Ministry of Economy and Competitiveness DS Docta Complutense RD 20 ene 2026