1.

Record Nr.

UNINA9910254873303321

Autore

Sommer Maximilian

Titolo

A Feasible Basic Income Scheme for Germany : Effects on Labor Supply, Poverty, and Income Inequality / / by Maximilian Sommer

Pubbl/distr/stampa

Cham : , : Springer International Publishing : , : Imprint : Springer, , 2016

ISBN

3-319-24064-1

Edizione

[1st ed. 2016.]

Descrizione fisica

1 online resource (XXI, 198 p. 31 illus. in color.)

Collana

Contributions to Economics, , 1431-1933

Disciplina

339.20943

Soggetti

Social policy

Labor economics

Microeconomics

Public finance

Social Policy

Labor Economics

Public Economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographical references at the end of each chapters.

Nota di contenuto

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.

Sommario/riassunto

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.