@TechReport{iza:izadps:dp15976,
            	author={Verlaat, Timo and Todeschini, Federico and Ramos, Xavier},
            	title={The Employment Effects of Generous  and Unconditional Cash Support},
            	year={2023},
	month={Feb},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={15976},
            	url={https://www.iza.org/publications/dp15976},
	abstract={While unconditional cash transfers have been studied extensively in developing countries, little is known about their effects in a wealthier context. Through a randomized controlled trial, we study the employment effects of a generous and unconditional transfer targeting low-income families in Spain. Two years into the program, subjects assigned to treatment are 20 percent less likely to work than subjects assigned to a control group. 
Assignment to an activation plan does not attenuate adverse effects; a more lenient transfer withdrawal rate does. It appears that effects are driven by subjects with children, suggesting substitution of labour for care tasks.
},
	keywords={policy evaluation;basic income;cash transfer;welfare reform;RCT},
            }