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Basic income and economic opportunities: a comparison between Italy and Europe

Author

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  • Pasquale Tridico

    (Dipartimento di Economia, Università Roma Tre)

Abstract

The objective of this paper is twofold: on the one hand we evaluate, the impact in terms of effectiveness and efficiency of a basic income instrument in Europe. On the other hand we advance, for Italy, a proposal for a guaranteed minimum income (i.e. "means-tested"). Our econometric model, estimated on 34 OECD countries in the period between 1990 to 2013, shows that there are no obstacles for efficiency against the activation of a minimum income in Italy. Moreover, our results show that a scheme of minimum income helps, along with other welfare supports, to increase employment levels.

Suggested Citation

  • Pasquale Tridico, 2015. "Basic income and economic opportunities: a comparison between Italy and Europe," Argomenti, University of Urbino Carlo Bo, Department of Economics, Society & Politics, vol. 2(2), pages 1-29, September.
    • Handle: RePEc:urb:journl:v:2:y:2015:p:1-29
    DOI: 10.14276/1971-8357.493
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    More about this item

    Keywords

    : Minimum income; Welfare; Employment levels.;
    All these keywords.

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • J20 - Labor and Demographic Economics - - Demand and Supply of Labor - - - General

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