Borra, CristinaCosta-Ramón, AnaGonzález Luna, LibertadSevilla, AlmudenaUniversitat Pompeu Fabra. Departament d'Economia i Empresa2024-11-142024-11-142021-07-01http://hdl.handle.net/10230/68591We investigate the causal impact of a generous unconditional cash transfer at birth on children's later health outcomes and academic performance. Using rich administrative data, we take advantage of the unexpected introduction of a "baby bonus" in Spain in 2007, and implement a difference-in-discontinuity approach comparing children born in the surrounding months in different years. We find that the subsidy did not have a significant effect on health outcomes during childhood, nor on test scores in primary school. In line with this result, we show that the benefit did not affect the main potential mechanisms that could in turn have affected children's health and academic performance. Our results contribute to understanding which interventions are effective at improving children's health and human capital formation.application/pdfengL'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative CommonsThe causal effect of an income shock on children’s human capital<resourceType xmlns="http://datacite.org/schema/kernel-3" resourceTypeGeneral="Other">info:eu-repo/semantics/workingPaper</resourceType><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">children</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">health</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">education</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">income shock</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">child benefit</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">spain</subject><subject xmlns="http://datacite.org/schema/kernel-3" subjectScheme="keyword">Labour, Public, Development and Health Economics</subject><rights xmlns="http://datacite.org/schema/kernel-3">info:eu-repo/semantics/openAccess</rights>