author

Jesse Rothstein

Research Associate at University of California, Berkeley

A "pure" UBI (that entirely replaces welfare) would distribute earnings upwards. A "pure" UBI (that replaces all other welfare programs) redistributes money from the elderly and disabled towards those who are neither. Universal Basic Income could lead to increased human capital investments that show up in the medium to long run. Evidence from Alaska, Native casino payouts, and Manitoba all found no statistically significant changes in labor supply. The impacts of a Universal Basic Income significantly depend on the funding model used to pay for it.
UBI in the US and Advanced Countries
Basic Income Social Wealth Fund
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