a hundred people will experience a basic income of 1,200 euros for three years

a hundred people will experience a basic income of 1,200 euros for three years
a hundred people will experience a basic income of 1,200 euros for three years

The lucky ones, people living alone and aged between 21 and 40, all have a job, paid between 1,200 and 2,600 euros.

Receive 1,200 euros per month, unconditionally, for three years: 122 people, drawn at random from some two million volunteers, will benefit in Germany from this experiment aimed at promoting basic income. The payments are financed by donations from 181,000 contributors and the project, presented on Tuesday, June 1, will be scientifically evaluated as part of a long-term study.

“Over the next three years, we want to empirically study whether and how the unconditional and regular payment of a sum of money that covers more than the subsistence level has an effect on the behavior of people”, explained Jürgen Schupp, from the German Institute for Economic Research (DIW), scientific manager of the project.

The lucky ones, people living alone and aged between 21 and 40, all have a job, paid between 1,200 and 2,600 euros. No compensation is required: it is up to everyone to see if they combine these payments with their salary. It is also a question of studying whether the beneficiaries use their new freedom for the benefit of the community.

 
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