author

Damon Jones

University of Chicago

The Alaska Permanent Fund had no impact on full-time employment. The Alaska Permanent Fund *increased* part-time employment by 1.8%. Unconditional cash transfers stimulate consumption, which can offset employment reduction. 21% of Alaskan's report that dividends from the Alaska Permanent Fund *increased* their willingness and incentives to work.
Labor Market Impacts of Universal and Permanent Cash Transfers: Evidence from the Alaska Permanent Fund
Social Wealth Fund Basic Income
Loading...