Pro-natalist cash transfer policy and residential mobility

Abstract

This paper examines the impacts of pro-natal cash transfer on residential mobility with household survey data in South Korea. With the subgroup analysis, the analysis shows some groups migration decisions have been significantly affected by the cash transfer. It indicates that there are positive impacts of the cash transfer on the probability to move for the households with either the lower-income level or fewer than two children. In addition to the result of no significant impact of the cash transfer on the migration decision for permanent workers, it suggests no significant effect of the cash transfer for different age groups as well.