A Feasible Basic Income Scheme for Germany - Effects on Labor Supply, Poverty, and Income Inequality (Hardcover, 1st ed. 2016)

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.

General

Imprint:	Springer International Publishing AG
Country of origin:	Switzerland
Series:	Contributions to Economics
Release date:	March 2016
First published:	2016
Authors:	Maximilian Sommer
Dimensions:	235 x 155 x 14mm (L x W x T)
Format:	Hardcover
Pages:	198
Edition:	1st ed. 2016
ISBN-13:	978-3-319-24062-6
Categories:	Books > Business & Economics > Economics > Microeconomics > General Books > Business & Economics > Economics > Labour economics > General Books > Business & Economics > Finance & accounting > Finance > Public finance > General Books > Money & Finance > Public finance > General Promotions
LSN:	3-319-24062-5
Barcode:	9783319240626

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