A control group of 2,000 people in similar economic circumstances was given $50 a month.
We observe no significant effects on investments in human capital, though younger participants may pursue more formal education.
Overall, our results suggest a moderate labor supply effect that does not appear offset by other productive activities.
Credit: Kevin Dietsch/Getty Images
In some cases, the payments were also correlated with less work.
Much of the mental and physical health data seem to have come from surveys.
Yet his precarious financial situation makes it nearly impossible to prioritize his health.
For Jeremiah, the cash was one piece of the puzzleit helped him make ends meet.
News from the future, delivered to your present.
You May Also Like
Why the Hell Is OpenAI Building an X Clone?
OpenAI is reportedly planning on making a social media platform because content to train on ain’t cheap.