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Removing Welfare Traps: Employment Responses in the Finnish Basic Income Experiment

29 April 2021 / Source: econpol.eu

Wed, 03/17/2021 - 12:00
- This research provides evidence that replacing minimum unemployment benefits with a guaranteed basic income of equal size has minor employment effects in an advanced country. The study examined 2,000 benefit recipients in Finland who were randomized to receive a monthly basic income between 2017 and 2018.

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