Interest in universal basic income has risen recently as an alternative to existing exchequer-sourced social security methods, such as conditional cash transfers. This article presents a survey of multiple experiments investigating the impact of basic income cash transfers on recipients while presenting a meta-analysis of the results across nine categories. Many findings indicate successful outcomes across financial security, health, and educational dimensions. Children were amongst the strongest beneficiaries of the trials and observed a 4.5 % reduction in obesity, a 19.5 % increase in their normal weight-for-age, a 30 % increase in female secondary school attendance, and an increase in the educational attainment of one year in response to the cash transfers.
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Bank Korea, Monetary Policy Board, Seoul, South Korea
Seoul Natl Univ, Dept Econ, Seoul, South KoreaBank Korea, Monetary Policy Board, Seoul, South Korea
Chang, Yongsung
Han, Jong-Suk
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Ajou Univ, Econ Dept, Suwon, South KoreaBank Korea, Monetary Policy Board, Seoul, South Korea
Han, Jong-Suk
Kim, Sun-Bin
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Yonsei Univ, Dept Econ, Seoul, South KoreaBank Korea, Monetary Policy Board, Seoul, South Korea