Relative to annual payments, more frequent, periodic payments of the EITC indicates that periodic payments reduce perceived financial stress, diminish debt accumulation and late fees, and improve mental health.
One-time unconditional cash transfers given to US citizens in poverty during the Covid-19 pandemic had no positive effects on financial or economic well-being, physical health, or cognitive capacity.
During a Canadian guaranteed income experiment (1974 - 1979), participant contacts with physicians declined, especially for mental health.
Recipients of Stockton's unconditional basic income experienced clinically significant gains in mental health.
Parents and children report better relationships and supervision with unconditional income.
Universal Basic Income improved mental health and self-reported cognitive function.
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The Comparative Impact of Cash Transfers and a Psychotherapy Program on Psychological and Economic Well-being
Economic Insecurity: A Socioeconomic Determinant of Mental Health
Do cash transfer programmes yield better health in the first year of life? A systematic review linking low-income/middle-income and high-income contexts
The existential cost of economic insecurity: Threatened financial security undercuts meaning
Do Financial Concerns Make Workers Less Productive?
On the psychology of poverty
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Jeremy P. Shapiro
Keith A. Bender
Steven P. Miller
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Social Wealth Fund