An alternate paper. Anyone else have suggestions?

"

In sum, the e ects of unconditional cash transfers vary depending on program 
design, but there is either no impact on or a moderate decrease in labor 
participation and a signi cant increase in other quality-of-life bene ts 
(mental and physical health, education outcomes, parenting, reduced crimi- nal 
activity, etc.)." 



No Strings Attached - Roosevelt Institute
http://rooseveltinstitute.org/no-strings-attached/
(via Instapaper)

No Strings Attached

        
By Ioana Marinescu | 05.11.17

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Providing cash directly to individuals has often been met with criticism, 
suspicion, and fear: the thinking goes that people who need financial 
assistance are not to be trusted, as their financial position reflects a moral 
failing rather than a societal one. These objections to cash transfer programs 
are rooted more in myth than empirical evidence. As the debate about a 
universal basic income gains prominence, it is important to set the record 
straight about the behavioral effects of unconditional cash assistance.

In this evidence review, we explore how unconditional cash transfers affected 
the behavior of recipients in three major natural experiments. While the 
amounts dispersed and time periods were distinct in each experiment, each 
provided money without set conditions and without a means test. We synthesize 
data for the following outcomes: consumption; labor force participation 
(employment, hours worked, and earnings); education; health; and other social 
outcomes, such as marriage or fertility choices. Each of these programs shares 
different components of a universal basic income (UBI), a cash transfer that 
everyone within a geographic/political territory receives on a regular basis 
with no conditions on a long-term basis. By understanding the effects of these 
programs, we can generate answers to how an unconditional cash transfer program 
might affect recipients in the future


Ioana Marinescu is an assistant professor at the University of Chicago Harris 
School of Public Policy. She has broad interests in the areas of labor and 
public economics. What is the impact of public policy on labor markets? How can 
we understand the linkages between micro-level labor market dynamics and 
macroeconomic outcomes such as unemployment and economic growth? She is 
particularly interested in understanding matching and search in the labor 
market, and how matching mechanisms determine unemployment and productivity. 
She is currently working with "big data" from CareerBuilder.com to better 
understand employers' and job seekers' online search behavior.





Sent from my iPhone

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