%0 Report %A Verlaat, Timo %A Todeschini, Federico %A Ramos, Xavier %T The Employment Effects of Generous and Unconditional Cash Support %D 2023 %8 2023 Feb %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 15976 %U https://www.iza.org/publications/dp15976 %X 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. %K policy evaluation %K basic income %K cash transfer %K welfare reform %K RCT