author

Jungho Baek

University of Alaska, Fairbanks

APF dividends were found to increase income inequality. Alaska Permanent Fund dividends were found to increase income inequality. Higher-income people might invest more of a cash-transfer into higher yield assets than those with lower-incomes, exacerbating income inequality in the long-run.
Can an Oil-Rich Economy Reduce its Income Inequality? Empirical Evidence from Alaska's Permanent Fund Dividend
Social Wealth Fund Basic Income
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