IMAGE: Figure 2: Employment in the analysis groups. The upper panel shows the share of persons with days in employment. The lower panel presents the difference between the treatment and control… view more Credit: Removing Welfare Traps: Employment Responses in the Finnish Basic Income Experiment VATT Working Papers 142 http://urn.fi/URN:ISBN:978-952-274-275-9 Finland carried out the first nationwide randomized experiment on basic income. A study by the VATT Institute for Economic Research and the Labour Institute for Economic Research shows that replacing minimum unemployment benefits with a basic income of equal size has minor employment effects at best. Additionally, participation in […]
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