Image: Pixabay.com, CC0 The basic income experiment did not increase participants’ employment levels in the first year (2017) of the two-year experiment. But by the end of the trial, basic income recipients’ perceived wellbeing was better than that of those in the control group.
The randomised field experiment implemented by Finland’s benefits agency Kela selected 2,000 unemployed people at random to receive 560 euros tax-free every month. Participants were able to work alongside receiving the money, or even start their own businesses. Selected participants could, however, not opt out of the trial.
"We can say that during the first year of […]
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