Thread by @Kelantutkimus

The Finnish basic income experiment was the world’s first basic income experiment that was nationwide, statutory and based on a randomised field experiment.

📄Final report (in Finnish): urn.fi/URN:ISBN:978-9…

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kela.fi/web/en/basic-i…

The basic income recipients were selected through random sampling among those who in November 2016 received an unemployment benefit from Kela.

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The employment effects of the basic income experiment were measured for the period from November 2017 to October 2018.

The interpretation of these effects of the experiment was complicated by the introduction of the activation model in 2018. 🤔

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The basic income increased the number of days of employment by 6 days

🔸 basic income recipients employed for 78 days (avg.)
🔸 control group 72 days

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The basic income recipients described their wellbeing more positively.

They were more satisfied with their lives and trusted other people and institutions in society largely.
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They also had a more positive perception of their economic welfare.

They were more likely to find that their financial situation is manageable and that they are protected financially.
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See the results of Finland’s basic income experiment explained in this video.
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The evaluation of the basic income experiment was carried out by @KelaFpa & @Kelantutkimus, together with @vatt_tutkimus, @UniTurku, @helsinkiuni, @PTlaitos, @mielenterveys, and @thinktaenk.

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