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Bibler, Andrew; Guettabi, Mouhcine; Reimer, Matthew N. – Journal of Policy Analysis and Management, 2023
One major criticism of Universal Basic Income is that unconditional cash transfers discourage recipients from working. Evidence to date has largely relied on targeted and/or conditional transfer programs. However, it is difficult to draw conclusions from such programs because universal transfers may induce a positive demand shock by distributing…
Descriptors: Income, Money Management, Financial Support, Labor Market