Stockton'sBasic-IncomeExperimentPaysOff. A new study of the city's program that sent cash to struggling individuals finds dramatic changes. ... Annie Lowrey is a staff writer at The Atlantic.
The cash transfer reduced income volatility, for one: Households getting the cash saw their month-to-month earnings fluctuate 46 percent, versus the control group's 68 percent.
The pilot had few enrollment criteria: The recipients had to be adults in a Stockton neighborhood where the median income was at or below the city average of $46,033 a year.
Mar 4, 2021A high-profile universal basicincomeexperiment in Stockton, Calif., which gave randomly selected residents $500 per month for two years with no strings attached, measurably improved participants ...
Read writing about BasicIncome in TheAtlantic. Syndicated stories from The Atlantic. ... Stockton'sBasic-IncomeExperimentPaysOff. A new study of the city's program that sent cash to ...
Apr 10, 2023Results are out from a two-year experiment testing the effects of guaranteed income on residents of Stockton, California - but the findings were complicated by the start of the Covid-19 pandemic ...
Stockton's universal basicincome program paysoff 12:59. More than two years after a group of residents from a northern California city first started receiving monthly cash payments with no ...
A high-profile universal basicincomeexperiment in Stockton - which gave randomly selected residents $500 per month for two years with no strings attached - measurably improved participants' job prospects, financial stability and overall well-being, according to a newly released study of the program's first year.
The city of Stockton, California, embarked on a bold experiment two years ago: It decided to distribute $500 a month to 125 people for 24 months — with no strings attached and no work requirements.