Publication: Universal basic income: inspecting the mechanisms
Universal basic income: inspecting the mechanisms
Date
Date
Date
Citations
Jaimovich, N., Saporta-Eksten, I., Setty, O., & Yedid-Levi, Y. (2022). Universal basic income: inspecting the mechanisms (No. 3; URPP Equality of Opportunity Discussion Paper Series). https://www.urpp-equality.uzh.ch/dam/jcr:59442fe5-b6c4-4201-9152-c80a627d5c06/JaimovichSaportaSettyYedid_UBI.pdf
Abstract
Abstract
Abstract
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 participati
Metrics
Downloads
Views
Citations
Additional indexing
Creators (Authors)
Series Name
Series Name
Series Name
Item Type
Item Type
Item Type
Keywords
Scope
Scope
Scope
Language
Language
Language
Publication date
Publication date
Publication date
Date available
Date available
Date available
Number of pages
Number of pages
Number of pages
OA Status
OA Status
OA Status
Other Identification Number
Other Identification Number
Other Identification Number
Official URL
Official URL
Official URL
Metrics
Downloads
Views
Citations
Citations
Jaimovich, N., Saporta-Eksten, I., Setty, O., & Yedid-Levi, Y. (2022). Universal basic income: inspecting the mechanisms (No. 3; URPP Equality of Opportunity Discussion Paper Series). https://www.urpp-equality.uzh.ch/dam/jcr:59442fe5-b6c4-4201-9152-c80a627d5c06/JaimovichSaportaSettyYedid_UBI.pdf
