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by swampangel
3305 days ago
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The linked report makes the distinction a little clearer: > For the most part, we focus on the labor supply of poorer workers, who are more likely to
reduce their labor supply as a result of a modest increase in unearned income. Our results do
not indicate a negative labor supply effect for either hours worked or the probability of
participation in market work, either for all workers or those in the bottom 40% of the income
distribution. We do find a negative labor supply effect for workers 20-29 years old for their
hours worked. |
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TLDR: the actual study doesn't tell us very much through no fault of the authors, because a lot of other shocks were happening to the economy at the time. Which is a shame, because it was a huge new program in a middle income country that didn't involve outside capital, which would have made it much better evidence of a UBI's expected effects than most studies carried out.
[2]having read that paper as well, it doesn't appear to be a claim with empirical support