G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16996
DP16996 Universal Basic Income: Inspecting the Mechanisms
Nir Jaimovich; Itay Saporta Eksten; Ofer Setty; Yaniv Yedid-Levi
发表日期2022-02-03
出版年2022
语种英语
摘要We consider the aggregate and distributional impact of Universal Basic Income (UBI). We develop a model to study a wide range of UBI programs and financing schemes and to highlight the key mechanisms behind their impact. The most crucial channel is the rise in distortionary taxation (required to fund UBI) on labor force participation. Second in importance is the decline in self-insurance due to the insurance UBI provides, resulting in lower aggregate capital. Third, UBI creates a positive income effect lowering labor force participation. Alternative tax-transfer schemes mitigate the impact on labor force participation and the cost of UBI.
主题Labour Economics ; Macroeconomics and Growth
关键词Universal basic income Labor force participation Inequality
URLhttps://cepr.org/publications/dp16996
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/545942
推荐引用方式
GB/T 7714
Nir Jaimovich,Itay Saporta Eksten,Ofer Setty,et al. DP16996 Universal Basic Income: Inspecting the Mechanisms. 2022.
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