Impacto de los programas de transferencias monetarias sobre la pobreza multidimensional en Colombia, 2013-2020

Cash transfer programs have been implemented as a strategy to reduce poverty and improve the well-being of the most vulnerable families. This paper uses the Quality of Life Survey and the Propensity Score Matching technique to analyze the impact of the Colombia Mayor and Familias en Acción programs on the Multidimensional Poverty Index (MPI) in Colombia. The results show that participating in these programs significantly impacts the reduction of the MPI. However, the analysis also reveals deficiencies in the complementarity between the beneficiaries of the programs and the people identified as poor, which indicates errors of inclusion and exclusion of a part of the most vulnerable population in the cash transfer programs. This demonstrates the need to improve the targeting mechanism to effectively reduce multidimensional poverty.