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Social Costs of Poverty

Poverty is an economic condition with consequences that ripple out into many dimensions of social life. Poverty is a significant factor in crime, physical health, mental health, and parental quality.
During a Canadian guaranteed income experiment (1974 - 1979), participant contacts with physicians declined, especially for mental health. Canadian NIT led to 8.5% decrease in hospitalizations. In a Mexican study, infants whose families received conditional cash transfers, averaging one third of household income, show long-term benefits to education, wages, geographic mobility, and family formation (20 years later). Unconditional income improves parental quality. Unconditional income (an additional $4,000 per year) reduced arrests for 16 and 17 year olds by 22%. Parents and children report better relationships and supervision with unconditional income.
The Economic Costs of Childhood Poverty in the US On the psychology of poverty Parents' Income and Children's Outcomes Education, Income and Mobility: Experimental Impacts of Childhood Exposure to Progresa after 20 Years The Town with No Poverty: The Health Effects of a Canadian Guaranteed Annual Income Field Experiment No Strings Attached: The Behavioral Effects of U.S. Unconditional Cash Transfer Programs
Jens Ludwig Greg J. Duncan Diane Whitmore Schanzenbach Harry J. Holzer Ernst Fehr Johannes Haushofer E. Jane Costello Adrian Angold
Basic Income Social Wealth Fund
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