PT - JOURNAL ARTICLE AU - Kim, Wookun TI - Baby Bonus, Fertility, and Missing Women AID - 10.3368/jhr.0322-12208R3 DP - 2024 Oct 04 TA - Journal of Human Resources PG - 0322-12208R3 4099 - http://jhr.uwpress.org/content/early/2024/10/01/jhr.0322-12208R3.short 4100 - http://jhr.uwpress.org/content/early/2024/10/01/jhr.0322-12208R3.full AB - I estimate the effects of pro-natalist cash transfers on fertility, sex ratio at birth, and infant health in South Korea, using registry data from 2000 to 2015. I find that the total fertility rate in 2015 would have been 4.7% lower without the transfers. Cash transfers also lowered the sex ratio at birth, historically skewed toward boys in South Korea. Additionally, I show that the cash transfers led to reductions in birth weight and gestational length, which appear to be driven by negative selection into fertility, and that the cash transfers had positive impacts on birth weight among low-income families.