Keywords: Cash transfer
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Journal Articles
Journal of Economic Studies (2026) 53 (5): 1045–1055.
Published: 05 August 2025
...Young Seong Yoo; Hongjai Rhee Purpose This paper investigates the impact of Korea’s youth allowance program on the subjective well-being of young recipients. The program provides a unique empirical context to evaluate the effects of a universal, individual-based, and unconditional cash transfer...
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