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Contributions to Economics

A Feasible Basic Income Scheme for Germany

Effects on Labor Supply, Poverty, and Income Inequality

Authors: Sommer, Maximilian

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  • 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
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eBook 83,29 €
price for Spain (gross)
  • ISBN 978-3-319-24064-0
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Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-319-24062-6
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  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-319-79575-1
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  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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.

Table of contents (7 chapters)

Table of contents (7 chapters)

Buy this book

eBook 83,29 €
price for Spain (gross)
  • ISBN 978-3-319-24064-0
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-319-24062-6
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Softcover 103,99 €
price for Spain (gross)
  • ISBN 978-3-319-79575-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
A Feasible Basic Income Scheme for Germany
Book Subtitle
Effects on Labor Supply, Poverty, and Income Inequality
Authors
Series Title
Contributions to Economics
Copyright
2016
Publisher
Springer International Publishing
Copyright Holder
Springer International Publishing Switzerland
eBook ISBN
978-3-319-24064-0
DOI
10.1007/978-3-319-24064-0
Hardcover ISBN
978-3-319-24062-6
Softcover ISBN
978-3-319-79575-1
Series ISSN
1431-1933
Edition Number
1
Number of Pages
XXI, 198
Number of Illustrations
31 illustrations in colour
Topics