Results released on March 3, 2021 from the first year of the Stockton Economic Empowerment Demonstration (SEED) show guaranteed income drastically improves job prospects, financial stability and overall wellbeing of recipients. As Congress and the Biden administration debate the inclusion of pandemic stimulus aid, this new research counters long-held narratives that unrestricted cash payments disincentivize work.
SEED was a Randomized Control Trial that distributed $500 a month for 24 months to 125 recipients. The cash was unconditional, with no strings attached and no work requirements, and recipients were selected randomly from neighborhoods at or below Stockton’s median household income. An […]
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