Labor and health economist Anna Aizer aims to conduct the first analysis of the long-term impact of cash transfers (welfare) during childhood on later-life outcomes. This project involves the collection of individual-level data on 80,000 children who applied to the first welfare program in the U.S., the Mother's Pension program (1911-1935), and matching them to administrative records to observe their mortality, disability, education, IQ, and lifetime earnings. The results of this analysis will better inform policy makers regarding the potential for cash transfers to reduce the impact of disparities in childhood circumstances on lifetime differences in socioeconomic status and health.