Over at AEI, Kevin Corinth comments on the new UBI study I mentioned on Monday. He summarizes the main result: In a carefully conducted randomized controlled trial involving 3,000 participants, the authors find that giving low-income families $12,000 annually reduced the share who work by two percentage points. He then reminds us that it isn’t a new finding:
The new study is the latest in a line of recent research finding significant employment loss from giving people cash. Earlier this year, a study published in the Quarterly Journal of Economics found that lottery winners in the United States reduced their […]
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