pull down to refresh

100 sats \ 5 replies \ @Undisciplined 12 Apr \ on: German experiment gave people UBI and on average they kept working full-time econ
It would be surprising if they kept working full-time at the same rate and enrolled in further education.
I didn't see them report actual wage rates between the two groups. Generally, more job changes would translate into higher wages, but there's a thought that with UBI people would be more willing to sacrifice some wage for jobs they enjoy.
write
preview
135 sats \ 4 replies \ @Murch 12 Apr
Why is that surprising?
UBI experiments and pilot programs have shown the same results time and again: recipients of UBI use the improved agency to negotiate better employment situations, improve their education, more often take the risk of becoming entrepreneurs, build up savings, deal better with emergencies, spend more on supporting their loved ones, have healthier offspring, are mentally and physically more healthy, and generally happier.
Maybe scroll a bit, read some of the sources if it tickles you: https://bsky.app/profile/scottsantens.com/post/3lckzcleo7s24
reply
42 sats \ 0 replies \ @SimpleStacker 13 Apr
Um, I don't think that's true. One of the largest UBI studies done by NBER economists with over 3,000 participants found that UBI didn't actually improve education or entrepreneurship much.
I haven't done enough of a lit review to reconcile differences between many different studies. If I had to guess, it depends a lot on who you're giving UBI to, and every study has a different study cohort.
reply
42 sats \ 2 replies \ @Undisciplined 12 Apr
It's surprising that they both maintain the same level of employment and pursue more education, while they're less budget constrained. I would expect them to take time off from work, since the income is less urgently needed, and pursue more education/training.
Don't assume I didn't scroll through. I clicked through to the project and read through their findings. I'm just passing along what a labor economist finds surprising about one aspect of this result (which I remain skeptical of, btw). The UBI literature is not nearly as unambiguous as you are implying.
reply
72 sats \ 1 reply \ @Murch 13 Apr
Are you aware of a study or test program that showed an adverse outcome or are you talking about economists in theory not being able to wrap their head around most people wanting to do something with their lives? ;)
reply
21 sats \ 0 replies \ @Undisciplined 13 Apr
Both, I suppose. Although, more lack of significant effects than outright adverse effects.
Often, the studies don’t involve sufficient income to justify much response, though, which is why I thought this one might have more to offer.
reply