RT Journal Article SR Electronic T1 Baby Bonus, Fertility, and Missing Women JF Journal of Human Resources JO J Hum Resour FD University of Wisconsin Press SP 0322-12208R3 DO 10.3368/jhr.0322-12208R3 A1 Kim, Wookun YR 2024 UL http://jhr.uwpress.org/content/early/2024/10/01/jhr.0322-12208R3.abstract 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.