From Alex Tabarrok, quoting Bloomberg (paywalled link):
A nonprofit that originally focused on giving cash to impoverished people in Africa will soon be delivering money to poor residents of Chicago, in one of the largest tests of a guaranteed basic income program in the US.
GiveDirectly is administering a program that will give $500 a month to each of 5,000 households in Chicago as soon as the end of June. The city is using $31.5 million from the federal government’s American Rescue Plan Act for the year-long pilot, and hoping the payments will help it recover faster from the pandemic.
Seems interesting as a test of UBI, and nice to see GiveDirectly covered in news like this.
Do you know if there are any preregistered predictions?
I was going to point out that GiveDirectly have been doing this since 2017, but it turns out this is different from what they’ve been doing in the US since 2017. They previously made one-off $1000 transfers to families in the US during emergencies, whereas the new program is a recurring $500 transfer over a period of time.