Investing in Infants: The Lasting Effects of Cash Transfers to New Families

We thank participants at the 5th Annual Northeast Economics of Education Workshop, the 2019 NBER Children’s Meeting, the 2019 Summer Meeting of the Institute for Research on Poverty, Williams College seminar attendees, the 2021 AEA Annual Meeting, the 2021 NBER SI Public Meeting, and the 2021 NBER Economics of Mobility Meeting for their comments and suggestions. We also thank Kelli Bird, Chris Avery, Sara Lalumia, Matt Gudgeon, Bruce Sacerdote, Adam Roberts, Derek Wu, Hilary Hoynes, and Larry Katz for their suggestions. The opinions expressed herein reflect the personal views of the authors and not those of the U.S. Army or the Department of Defense. This paper is released to inform interested parties of research and to encourage discussion. The views expressed are those of the authors and not necessarily those of the U.S. Census Bureau. The Census Bureau’s Disclosure Review Board and Disclosure Avoidance Officers have reviewed this product for unauthorized disclosure of confidential information and have approved the disclosure avoidance practices applied to this release. Census statistics approved for release under disclosure numbers CBDRB-FY2021-CES010-002, CBDRB-FY2021-CES010-003, CBDRB-FY2021-CES010-008, and CBDRB-FY2021-CES010-010. All errors are our own. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

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