The incentives associated with a temporary stipend are totally different from the incentives associated with a permanent guaranteed stipend. I would argue that

The incentives associated with a temporary stipend are totally different from the incentives associated with a permanent guaranteed stipend. I would argue that the only way to truly test the impact of UBI is to make actual, lifetime guarantees of UBI payments. The way a worker uses a temporary stipend will be greatly influenced by the knowledge that the payments will end, at which point the worker will be required to support themselves again. With that knowledge, it makes perfect sense to spend the UBI stipend on furthering your education, paying off debt, etc. This strikes me as the logical use of a temporary UBI stipend. This is what I would do. But is the same true about a permanent UBI stipend? Maybe, maybe not. These experiments are not testing the impacts of a real UBI.