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Feasible Basic Income Scheme for Germany

Name: Feasible Basic Income Scheme for Germany
Brand: Springer International Publishing AG
SKU: 19415442
Price: 107.29 EUR
Availability: InStock
Author: MAXIMILIAN SOMMER
ISBN: 9783319795751

Effects on Labor Supply, Poverty, and Income Inequality

MAXIMILIAN SOMMER

Lingua

Inglese

Libro In brossura

Codice Libristo: 19415442

Casa editrice Springer International Publishing AG, aprile 2018

This book analyzes the consequences that would arise if Germany's means-tested unemployment benefits... Descrizione completa

Codice Libristo: 19415442

263 b

107.29 €

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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.