Long-term impacts on education of a cash transfer during early life

We evaluate the long-term effects of receiving the Uruguayan Plan de Atención Nacional a la Emergencia Social (PANES), a large unconditional cash transfer program, on outcomes for young and unborn children. We use a rich dataset that matches program administrative data to vital natality data and educational records 8 to 12 years after the beginning of the program. Overall, we find small and barely significant effects on educational attainment and delay. Among children exposed to the program during early childhood (between ages 0 and 5), the results show significant beneficial effects for those with low birth weight.