Study finds unconditional cash transfers had 'sizeable and adverse employment effects'
A little-noticed study titled “The Employment Effects of Generous and Unconditional Cash Support” was published in February 2023 by the German-based Institute of Labor Economics. The study reviewed the employment and other effects of a recent unconditional cash transfer program benefitting low-income families in Spain. That program is similar in many respects to universal basic income (UBI) programs proposed in Congress and being tested in multiple locations across the U.S. It also bears similarities to the unconditional expanded child tax credit payments temporarily made to tens of millio...
Source: washingtonexaminer.com