Cash Rules Everything Around Me: A Summary of Existing Research On Guaranteed Income
A literature review summarizing existing research on guaranteed income programs.
The literature review finds that unconditional cash transfers, such as guaranteed income (GI), reduce poverty and have minimal negative effects on employment.
GI programs are associated with improvements in financial stability, education, housing quality, and mental health, with some evidence of reduced crime and mixed effects on health and housing stability; however, most studies are recent, small-scale, or methodologically limited, highlighting the need for more rigorous, long-term research.
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