RT Journal Article SR Electronic T1 The Power of Lakshmi JF Journal of Human Resources FD University of Wisconsin Press SP 1253 OP 1283 DO 10.3368/jhr.1021-11963R2 VO 60 IS 4 A1 Biswas, Nabaneeta A1 Cornwell, Christopher A1 Zimmermann, Laura V. YR 2025 UL http://jhr.uwpress.org/content/60/4/1253.abstract AB Worldwide, 1.6 million girls are “missing” at birth every year. One policy tool to improve the sex ratio is a conditional cash transfer that pays parents to invest in daughters, but existing evidence on their effectiveness is sparse. Using a difference-in-differences framework, we evaluate the Dhanlakshmi scheme, an Indian CCT program that strongly encouraged girl births without restricting fertility. Dhanlakshmi improved the sex ratio at birth, with only a small fertility increase. The girl-birth effect was concentrated among the first two parities and partially persisted after the program was discontinued. Post-birth outcomes like immunization and education also improved.