The DIW starts a research project on unconditional basic income. 120 participants are to receive 1200 euros a month for three years.

A woman holds a wallet with numerous banknotes and bank cards in her hand.

D1200 euros every month for three years – what does an unconditional basic income do to people? This is what the German Institute for Economic Research (DIW Berlin), the My Basic Income Association and scientists from the Max Planck Institute for Research on Collective Goods and the University of Cologne want to investigate in a long-term study. The research project started on Tuesday with the activation of an application page on the Internet.

Anyone who has their first place of residence in Germany and is at least 18 years old can apply. As soon as one million applicants have come together, a selection and drawing process starts. Starting in spring 2021, 120 participants are to receive 1200 euros a month for three years. The project is financed through donations.

The scientists then want to find out through regular surveys of the participants how their everyday lives are changing as a result of the money. The focus is on working life, finances, the family and social contacts and also on possible psychological changes. It is said that hair samples are also evaluated to analyze the stress level.

“We want to know what it does with behavior and attitudes and whether the basic income can help to deal with the current challenges of our society,” said Michael Bohmeyer, initiator of the Mein Grundeinkommen association in Berlin on Tuesday.