Conclusions from a study on homeless people released last week by University of British Columbia researchers say the public has the wrong idea about the spending habits of homeless people who are given a large amount of unconditional cash.
The study, published in Proceedings of the National Academy of Sciences, notes that the cash transfer worked well, yet public biases persist.
Participants in the U.S. survey of over 1,100 people predicted that recipients of an unconditional $7,500 cash transfer would spend 81% more money on “temptation goods” such as alcohol, drugs and tobacco if they were homeless than if they were […]
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