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Autor:innen: 
Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
CESifo Working Paper No. 11215
Verlag: 
CESifo GmbH, Munich
Zusammenfassung: 
This paper presents novel causal evidence on the effects of pro-natalist cash transfers on fertility, sex ratio at birth, and infant health. In the context of South Korea, I exploit rich spatial and temporal variation in cash transfers provided to families with newborn babies and the universe of birth-, death-, and migrant-registry records. I find that the total fertility rate in 2015 would have been 4.7% lower without the cash transfers. Surprisingly, the cash transfers had an unintended consequence of correcting the unnaturally male-skewed sex ratio at birth. The cash transfers led to reductions in gestational age and birth weight, but no change in early-life mortality. A rich heterogeneity analysis suggests that negative selection into childbearing may explain the health effects and that cash transfers may increase birth weight for low-income families.
Schlagwörter: 
pro-natalist policies
cash transfer
fertility
infant health
sex ratio at birth
son preference
JEL: 
H40
H75
I50
J13
J16
J18
Dokumentart: 
Working Paper
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