Photo byEmily MorteronUnsplash Seven Spirals writes: A comprehensive working paper, which can be accessed in PDF format, has been published by the National Bureau of Economic Research (NBER) that examines the effects of a guaranteed income on employment. This study specifically focuses on a program that offers a monthly stipend of $1,000 to a carefully selected group of 1,000 low-income participants over the course of three years. In order to measure the impact of this guaranteed income, the researchers established a control group that received a significantly lower amount of $50 per month.
The findings of this research reveal some […]
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