Massachusetts Institute of Technology, Poverty Action Lab
Recipients of basic income in Kenya increased their spending relative to control groups by 13.5%.
Cash transfers in low and middle income countries do not reduce labor supply.
Cash transfers increased economic activity (proxy for GDP at scale) in Kenya (via multiplier effects of 2.46 on expenditures and 2.73 on income).
Poverty creates psychological feedback loops that perpetuate & entrench poverty.
In rural Kenya, an unconditional cash transfer equivalent to $1,076 had greater positive impacts on psychological (and economic) well-being than a 5-week psychotherapy program
The Comparative Impact of Cash Transfers and a Psychotherapy Program on Psychological and Economic Well-being
On the psychology of poverty
General equilibrium effects of cash transfers: experimental evidence from Kenya
Social Costs of Poverty
Gross Domestic Product (GDP)