This is the fourth Opinion issued by the Independent Authority for Fiscal Responsibility (AIReF) under Article 31.3 of Law 19/2021, of December 20, which establishes the minimum income scheme (IMV). The MVI is a non-contributory benefit aimed at preventing the risk of poverty of people who lack basic economic resources to cover their fundamental needs.
More than four years after its implementation, this fourth AIReF opinion updates the results of previous evaluations and assesses for the first time the effects of the MVI on the employment of its beneficiaries, using econometric methodologies to estimate the causal impact of this benefit on employment decisions.