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A Feasible Basic Income Scheme for Germany = Effects on Labor Supply, Poverty, and Income Inequality /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	A Feasible Basic Income Scheme for Germany/ by Maximilian Sommer.
Reminder of title:	Effects on Labor Supply, Poverty, and Income Inequality /
Author:	Sommer, Maximilian.
Description:	XXI, 198 p. 31 illus. in color.online resource. :
Contained By:	Springer Nature eBook
Subject:	Social policy. -
Online resource:	https://doi.org/10.1007/978-3-319-24064-0
ISBN:	9783319240640

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

A Feasible Basic Income Scheme for GermanyEffects on Labor Supply, Poverty, and Income Inequality /[electronic resource] :by Maximilian Sommer. - 1st ed. 2016. - XXI, 198 p. 31 illus. in color.online resource. - Contributions to Economics,1431-1933. - Contributions to Economics,.

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.

ISBN: 9783319240640

Standard No.: 10.1007/978-3-319-24064-0doiSubjects--Topical Terms:

555261
Social policy.

LC Class. No.: JF20-2112

Dewey Class. No.: 361

A Feasible Basic Income Scheme for Germany = Effects on Labor Supply, Poverty, and Income Inequality /
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