This book analyzes the consequences that would arise if Germany's means-tested unemployment benefits were replaced with an unconditional basic income. The basic income scheme introduced is based on a negative income tax and calibrated to be both financially feasible and compatible with current constitutional legislation. Using data from the German Socio-Economic Panel (GSOEP) the author examines the impact of the reform on the household labor supply as well as on both poverty and inequality measures. It is shown that by applying reasonable values for both the basic income and the implied marginal tax rate imposed on earned incomes, efficiency gains can be reconciled with generally accepted value statements. Furthermore, as the proposal includes a universal basic income for families, child poverty could be reduced considerably. The estimates are based on the discrete choice approach to labor supply.
This book analyzes the consequences that would arise if Germany's means-tested unemployment benefits were replaced with an unconditional basic income. The basic income scheme introduced is based on a negative income tax and calibrated to be both financially feasible and compatible with current constitutional legislation. Using data from the German Socio-Economic Panel (GSOEP) the author examines the impact of the reform on the household labor supply as well as on both poverty and inequality measures. It is shown that by applying reasonable values for both the basic income and the implied marginal tax rate imposed on earned incomes, efficiency gains can be reconciled with generally accepted value statements. Furthermore, as the proposal includes a universal basic income for families, child poverty could be reduced considerably. The estimates are based on the discrete choice approach to labor supply.
This book is the first full-length treatment of the desirability and feasibility of implementing a citizen's income (also known as a basic income). It tests for two different kinds of financial...
This book focuses on NSW Strata legislation and requirements, as it is the main State that has regulatory requirements for Strata Managers. The legislation in other states and territories reflects...
Basic Income is a policy idea that could help us revolutionise the way we organise society. This book is the first proper guide to basic income -- what it is, how we can organise it, and how it can...
Increasing inequality and the yawning gap between rich and poor are provoking criticism of the economic system. This timely volume is the first to discuss both examples of and prospects for basic...
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