A feasible basic income scheme for Germany : effects on labor supply, poverty, and income inequality / Maximilian Sommer.
2016
HC290.5.I5
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Title
A feasible basic income scheme for Germany : effects on labor supply, poverty, and income inequality / Maximilian Sommer.
Author
ISBN
9783319240640 (electronic book)
3319240641 (electronic book)
3319240625
9783319240626
3319240625
9783319240626
3319240641 (electronic book)
3319240625
9783319240626
3319240625
9783319240626
Publication Details
Cham : Springer, [2016]
Language
English
Description
1 online resource
Item Number
9783319240626
Call Number
HC290.5.I5
Dewey Decimal Classification
339.20943
Summary
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.
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Includes bibliographical references.
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Series
Contributions to economics.
Available in Other Form
Print version: 9783319240626
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Table of Contents
Introduction
The Normative Argument for an Unconditional Basic Income
Implementation of a Basic Income by a Negative Income Tax
A Negative Income Tax Proposal for Germany
Modeling Political Reforms: The Discrete Approach to Labor Supply
Implications on the Proposed Basic Income Reform.
The Normative Argument for an Unconditional Basic Income
Implementation of a Basic Income by a Negative Income Tax
A Negative Income Tax Proposal for Germany
Modeling Political Reforms: The Discrete Approach to Labor Supply
Implications on the Proposed Basic Income Reform.