Publication
Title
Not that basi : how level, design, and context matter for the redistributive outcomes of universal basic income
Author
Abstract
Proponents of a basic income (BI) claim that, on top of many other benefits, it could bring significant reductions in financial poverty. Using microsimulation analysis in a comparative two-country setting, we show that the potential poverty-reducing impact of BI strongly depends on exactly how and where it is implemented. Implementing a BI requires far more choices than advocates seem to realise. The level at which a BI is set matters, but its exact specification matters even more. The impact of a BI, be it a low or a high one, also strongly depends on the characteristics of the system that it is (partially) replacing or complementing, as well as the socio-economic context in which it is introduced. Some versions of BI could potentially help to reduce poverty but always at a significant cost and with substantial sections of the population incurring significant losses, which matters for political feasibility. A partial BI complementing existing provisions appears to make more potential sense than a full BI replacing them. The simplicity of BI, however, tends to be vastly overstated.
Language
English
Source (journal)
Journal of social policy. - Cambridge, 1972, currens
Publication
Cambridge : Cambridge univ press , 2023
ISSN
0047-2794 [print]
1469-7823 [online]
DOI
10.1017/S0047279423000582
Volume/pages
(2023) , 23 p.
ISI
001117968900001
Full text (Publisher's DOI)
Full text (open access)
UAntwerpen
Faculty/Department
Research group
Project info
A job offer you shouldn't refuse: towards a better understanding of financial work incentives and welfare-to-work transitions.
Basic Income in Belgium: stress-testing basic income in the digital era (BABEL).
Publication type
Subject
Law 
Affiliation
Publications with a UAntwerp address
External links
Web of Science
Record
Identifier
Creation 09.01.2024
Last edited 11.01.2024
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