Universal Basic Income: Debate and Impact Assessment
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Summary:
This paper discusses the definition and modelling of a universal basic income (UBI). After clarifying the debate about what a UBI is and presenting the arguments in favor and against, an analytical approach for its assessment is proposed. The adoption of a UBI as a policy tool is discussed with regard to the policy objectives (shaped by social preferences) it is designed to achieve. Key design dimensions to be considered include: coverage, generosity of the program, overall progressivity of the policy, and its financing.
Series:
Working Paper No. 2018/273
Subject:
Income distribution Income inequality Labor Personal income Progressive taxation
English
Publication Date:
December 10, 2018
ISBN/ISSN:
9781484388815/1018-5941
Stock No:
WPIEA2018273
Pages:
24
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