University of Alaska, Fairbanks
APF dividends were found to increase income inequality.
Alaska Permanent Fund dividends were found to increase income inequality.
Higher-income people might invest more of a cash-transfer into higher yield assets than those with lower-incomes, exacerbating income inequality in the long-run.
Can an Oil-Rich Economy Reduce its Income Inequality? Empirical Evidence from Alaska's Permanent Fund Dividend
Social Wealth Fund
Alaska Permanent Fund Dividend