by Peter Knight | Dec 19, 2023 | News, Research
Abstract: “What would be the consequences of a long-term commitment to provide everyone enough money to meet their basic needs? We examine this hotly debated issue in the context of a unique eld experiment in rural Kenya. Communities receiving UBI experienced substantial economic expansion|more enterprises, higher revenues, costs, and net revenues|and structural shifts, with the expansion concentrated in the non-agricultural sector. Labor supply did not change overall, but shifted out of wage employment and towards self-employment. We also compare the effects to those of shorter-term transfers delivered either as a stream of small payments or a large lump sum. The lump sums had similar, if not larger, economic impacts, while the short-term transfers had noticeably smaller effects, despite having delivered the same amount of capital to date. These results are consistent with a simple model of forward-looking lumpy investment, and more generally with a role for savings constraints, credit constraints, and some degree of (locally) increasing returns, among other factors.”
Read a summary of the report.
Read the full report.
by Peter Knight | Dec 6, 2023 | News, Research
Ireland’s Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media, Catherine Martin TD, has today welcomed the publication of the first reports compiled from data collected as part of the Basic Income for the Arts (BIA) pilot scheme.
Read more here.
The first Impact Assessment (6-month) of the Basic Income Pilot Scheme is also published today and is available here.
by Peter Knight | Dec 5, 2023 | News
“Imagine a world where not a single child has to grow up in poverty.
This vision may not be as far off as one might imagine. A new study by Abt Associates shows how guaranteed income pilots improve children’s wellbeing and strengthened families.
The paper, titled “My kids deserve the world”: How children in the Southeast benefit from guaranteed income, uses qualitative data from MGI mayor-led guaranteed income pilots in four Southern U.S. cities: Atlanta, GA, Birmingham, AL, Louisville, KY, and Shreveport, LA. Researchers identified five key benefits:
- Providing for Basic Needs
- Better Educational Outcomes and Children’s Development
- Work-Life Balance
- Enrichment, Parent-Child Bonding, and Parental Confidence
- Parents’ Mental Health”
Read the summary here.
Read the full report here.
by Peter Knight | Dec 5, 2023 | News
The Australian Basic Income Lab is delighted to invite you to the inaugural Australian Basic Income Lab Fellows Workshop. A fantastic line-up of Fellows have offered their time and expertise to present and moderate these panels. Your participation in this Workshop would be most welcome.
Security, Adequacy & Recognition in Australia’s Social Assistance System
ABI Fellows Workshop – 2023
Date: Friday, December 8
Time: 9:00am-1:30pm (AEST)
Format: online (Zoom), 12-minute presentations for 3 speakers & 30 minutes discussion per session.
We appreciate it is a very busy time of year and that you may not be able to attend. We would still encourage you to circulate information regarding the workshop to interested colleagues and friends.
Please note that the conference begins at 5:00 PM EST on December 7. Read more and register by clicking here.
by Peter Knight | Dec 4, 2023 | News
The University of Pennsylvania’s Center for Guaranteed Income Research has released its final report on the first county to experiment with GI during the pandemic. This report is also the first in a series entitled, “The American Guaranteed Income Studies.” The Center will be releasing will be releasing full mixed-methods findings across a range of sites in the coming months under this series.
To read the Ulster County, NY report click here.