Overview
- Proposes a concept for a feasible basic income scheme that completely reconciles socio-political and economic requirements
- Applies the latest microeconomics methods, concretely analyzing allocation and distribution effects on different household types
- Based on up-to-date empirical data
- Includes supplementary material: sn.pub/extras
Part of the book series: Contributions to Economics (CE)
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Table of contents (7 chapters)
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Front Matter
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Back Matter
Keywords
About this book
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.
Authors and Affiliations
Bibliographic Information
Book Title: A Feasible Basic Income Scheme for Germany
Book Subtitle: Effects on Labor Supply, Poverty, and Income Inequality
Authors: Maximilian Sommer
Series Title: Contributions to Economics
DOI: https://doi.org/10.1007/978-3-319-24064-0
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer International Publishing Switzerland 2016
Hardcover ISBN: 978-3-319-24062-6Published: 10 March 2016
Softcover ISBN: 978-3-319-79575-1Published: 19 April 2018
eBook ISBN: 978-3-319-24064-0Published: 01 March 2016
Series ISSN: 1431-1933
Series E-ISSN: 2197-7178
Edition Number: 1
Number of Pages: XXI, 198
Number of Illustrations: 31 illustrations in colour
Topics: Social Policy, Labor Economics, Microeconomics, Public Economics