First results from the Finnish basic income experiment
: Olli Kangas
Publisher: European Social Policy Network (ESPN),
: Brussels
: 2019
: ESPN Flash Report
: 17
: 17
: https://ec.europa.eu/social/main.jsp?pager.offset=30&advSearchKey=ESPN+Flash+Report&mode=advancedSubmit&catId=22&doc_submit=&policyArea=0&policyAreaSub=0&country=0&year=0
: https://research.utu.fi/converis/portal/detail/Publication/41311728
The Finnish basic income experiment ran for two years (2017-2018). The main aim of the experiment was to study whether a basic income would increase participation in the labour market and diminish the bureaucracy relating to social security benefits. The results show that whereas it had no significant impact on employment, it led to less bureaucracy as well as higher life satisfaction and well-being.
