B. Jacob, Natasha V. Pilkauskas, Elizabeth Rhodes, Katherine Richard, H. L. Shaefer
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The COVID-19 Cash Transfer Study II: The Hardship and Mental Health Impacts of an Unconditional Cash Transfer to Low-Income Individuals
This paper reports findings from a randomized controlled trial of a one-time, $1,000 unconditional cash transfer to low-income households in October 2020. We use a combination of administrative and survey data collected six weeks posttreatment to examine four preregistered hypotheses: impacts on material hardship and mental health in the full study sample as well as among a very low-income sample. We find no effects of the cash transfer on any of the prespecified or other exploratory outcomes. We explore various explanations for these null results and discuss implications for future research on unconditional cash transfer programs.
期刊介绍:
The goal of the National Tax Journal (NTJ) is to encourage and disseminate high quality original research on governmental tax and expenditure policies. Articles published in the regular March, June and September issues of the journal, as well as articles accepted for publication in special issues of the journal, are subject to professional peer review and include economic, theoretical, and empirical analyses of tax and expenditure issues with an emphasis on policy implications. The NTJ has been published quarterly since 1948 under the auspices of the National Tax Association (NTA). Most issues include an NTJ Forum, which consists of invited papers by leading scholars that examine in depth a single current tax or expenditure policy issue. The December issue is devoted to publishing papers presented at the NTA’s annual Spring Symposium; the articles in the December issue generally are not subject to peer review.