Greg Duncan

A rigorous experiment … found that years of monthly payments did nothing to boost children’s well-being, a result that defied researchers’ predictions and could weaken the case for income guarantees. … “I was very surprised — we were all very surprised,” said Greg J. Duncan, an economist at the University of California, Irvine and one of six researchers who led the study, called Baby’s First Years. “The money did not make a difference.”

For the full story, please visit https://www.nytimes.com/2025/07/28/us/politics/cash-payments-poor-families-child-development.html

Cited working paper available on NBER’s website: https://www.nber.org/papers/w33844