Design and Evaluation of the Finnish Basic Income Experiment

Arbeitspapier

The Finnish basic income experiment was an ambitious effort to study basic income in a Nordic welfare state. This paper describes the planning, implementation and scientific evaluation of the experiment. The randomized treatment group was paid a guaranteed monthly income, which had no impact on disposable income while a person was unemployed but provided a substantial increase in work incentives. We extend previous evaluations by examining the heterogeneity of incentive changes and employment responses across households. Our results reveal improvements in employment only for couples with children, providing an interesting contrast to other in-work credit programs.

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• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 9875

Classification and Topics

• Classification: Wirtschaft ; Field Experiments ; Social Security and Public Pensions ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs ; Unemployment Insurance; Severance Pay; Plant Closings
• Subject: employment ; field experiment ; social insurance ; unemployment benefits

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hämäläinen, Kari ; Verho, Jouko
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2022

Further information

• Handle: http://hdl.handle.net/10419/265910