In this episode of backstory, host Aakash Bhalothia interviews development economists Edward Miguel and Paul Niehaus about their Frisch award-winning paper, “General Equilibrium Effects of Cash Transfers: Experimental Evidence from Kenya.” They discuss the paper’s groundbreaking findings on the macroeconomic impacts of cash transfers in rural Kenya. The conversation delves into how the authors started working together, designing long-term experiments, and the broader motivations behind Ted and Paul’s research. The paper is co-authored with Dennis Egger, Johannes Haushofer, and Michael Walker. Here is the link: https://onlinelibrary.wiley.com/doi/full/10.3982/ECTA17945