A universal payment of €50 per month per child aged under six could take 800,000 children out of poverty across Europe, according to a study commissioned by the European Commission into the potential effects of introducing a child basic income.
The researchers made use of EUROMOD, the tax-benefit microsimulation model for the EU, to look at the distributional implications (within and between countries) of an illustrative child basic income operated and funded at EU level.
Source: Horacio Levy, Manos Matsaganis and Holly Sutherland, The Distributive and Cross Country Effects of a Child Basic Income for the European Union, Research Note 2/2012, Social Situation Observatory (European Commission)
Link: Research Note