A universal basic income (UBI) is a recurring, unconditional cash transfer sized to meet basic needs and paid to all members of a society. Proponents argue that a UBI has the potential to eliminate extreme poverty and to counteract the harmful effects of rising inequality in wealthier countries. Interest has surged, with UBI actively debated in countries ranging from Switzerland and Finland to Namibia and India. Yet, while cash transfers in general have a strong evidence base, a full basic income has never been implemented or rigorously evaluated. This study proposes to fill these evidence gaps with an ambitious […]
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