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Ioana Marinescu
University of Pennsylvania
insights
An open letter signed by 133 economists urged that Biden's expanded Child Tax Credit of $300 per month would benefit low-income families without raising inflation.
Canadian NIT led to 8.5% decrease in hospitalizations.
An additional $4k/yr for the poorest households increases educational attainment by one year at age 21.
Evidence from Alaska, Native casino payouts, and Manitoba all found no statistically significant changes in labor supply.
The Alaska Permanent Fund had no impact on full-time employment.
The Alaska Permanent Fund *increased* part-time employment by 1.8%.
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sources
No Strings Attached: The Behavioral Effects of U.S. Unconditional Cash Transfer Programs
Labor Market Impacts of Universal and Permanent Cash Transfers: Evidence from the Alaska Permanent Fund
Open letter from economists: extend the expanded Child Tax Credit to help families keep up with rising costs
reports
Basic Income
Social Wealth Fund
tags
Policy Design Details
Stability
Universal Basic Income (UBI)
Health
Universalism
Employment
Growth
Work Incentives
Consumption
Education
Social Costs of Poverty
Negative Income Tax (NIT)
Inflation
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