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An unconditional basic income and labor supply: results from a pilot study of lottery winners KU Leuven
Proponents of an unconditional basic income see its introduction as the most desirable way to redesign existing labor markets, arguing that its effects on labor supply might engender full employment. Opponents, on the other hand, argue that an unconditional basic income would result in an economic crisis due to a severe reduction in labor supply. So far no empirical data were available to assess these claims. This article proposes an empirical ...