03444nam 22006135 450 991025487330332120200701175211.03-319-24064-110.1007/978-3-319-24064-0(CKB)3710000000611050(DE-He213)978-3-319-24064-0(MiAaPQ)EBC4617030(EXLCZ)99371000000061105020160301d2016 u| 0engurnn|008mamaatxtrdacontentcrdamediacrrdacarrierA Feasible Basic Income Scheme for Germany Effects on Labor Supply, Poverty, and Income Inequality /by Maximilian Sommer1st ed. 2016.Cham :Springer International Publishing :Imprint: Springer,2016.1 online resource (XXI, 198 p. 31 illus. in color.) Contributions to Economics,1431-19333-319-24062-5 Includes bibliographical references at the end of each chapters.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.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.Contributions to Economics,1431-1933Social policyLabor economicsMicroeconomicsPublic financeSocial Policyhttps://scigraph.springernature.com/ontologies/product-market-codes/W34020Labor Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W37000Microeconomicshttps://scigraph.springernature.com/ontologies/product-market-codes/W31000Public Economicshttps://scigraph.springernature.com/ontologies/product-market-codes/W34000Social policy.Labor economics.Microeconomics.Public finance.Social Policy.Labor Economics.Microeconomics.Public Economics.339.20943Sommer Maximilianauthttp://id.loc.gov/vocabulary/relators/aut914209MiAaPQMiAaPQMiAaPQBOOK9910254873303321A Feasible Basic Income Scheme for Germany2048291UNINA