The Effect of a Universal Child Benefit on Conceptions, Abortions, and Early Maternal Labor Supply
利用西班牙2007年意外引入的大额儿童津贴，采用断点回归设计，发现该津贴显著提高了生育率，部分原因是堕胎减少，同时导致符合条件的母亲产后更久不工作，孩子接受正规托育的时间减少。
I study the impact of a universal child benefit on fertility and maternal labor supply. I exploit the unanticipated introduction of a sizable child benefit in Spain in 2007. Following a regression discontinuity-type design, I find that the benefit significantly increased fertility, in part through a reduction in abortions. Families who received the benefit did not increase consumption. Instead, eligible mothers stayed out of the labor force longer after childbirth, which led to their children spending less time in formal child care.