A review of cash transfer studies from 2000 - 2015 in low- and middle-income countries, spanning 165 studies, found positive effects on poverty, education, health and nutrition, savings, investment and production, work, and empowerment.
Findings are generally positive that UBI-type programs alleviate poverty and improve health and education outcomes and that the effects on labor market participation are minimal.
Among new mothers who received an unconditional $333 per month, there was no decrease in employment, no increase in alcohol or tobacco use, more time spent in early-learning activities, and an increase in consumption of child-specific goods.
In a Mexican study, infants whose families received conditional cash transfers, averaging one third of household income, show long-term benefits to education, wages, geographic mobility, and family formation (20 years later).
Democracy may encourage growth through: economic reforms, increasing human capital (especially through primary schooling), increasing investment, and reducing social unrest.
An additional $4k/yr for the poorest households increases educational attainment by one year at age 21.
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Expanding the Discourse on Antipoverty Policy: Reconsidering a Negative Income Tax
The Effects of a Negative Income Tax on School Performance: Results of an Experiment
Parents' Income and Children's Outcomes
No Strings Attached: The Behavioral Effects of U.S. Unconditional Cash Transfer Programs
Democracy Does Cause Growth
Education, Income and Mobility: Experimental Impacts of Childhood Exposure to Progresa after 20 Years
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Richard J. Murnane
Rebecca A. Maynard
E. Jane Costello
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Social Wealth Fund