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I think an important paragraph is here: > While the study does have policy implications, Amorim cautioned that the Alaska program is not a perfect model for un
by animal_spirits 5y ago
I think an important paragraph is here:
> While the study does have policy implications, Amorim cautioned that the Alaska program is not a perfect model for universal basic income policies. The Alaskan dividend is a one-time payment which affects the way people spend their money. For instance, research suggests that spending on electronics increases when people receive a lot of money at one time because they can afford those big-ticket items. If they were receiving a smaller amount of money every month, parents may choose to spend on items with smaller or more spread out costs, such as books or monthly lessons.
It should be emphasized that this model is a one time payment per year, as opposed to a monthly payment that most UBI models propose.
- Someone1234 5y agoOr the new monthly child tax credit program (i.e. IRS sends you cash each month) they've got funded for 2021.