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Evaluation of a Recovery Basic Income, and of a sustainable revenue neutral Citizen’s Basic Income, with an appendix relating to different Universal Credit roll-out scenarios

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  • Torry, Malcolm

Abstract

A Citizen’s Basic Income, sometimes called a Basic Income, a Universal Basic Income, or a Citizen’s Income, is an unconditional and nonwithdrawable income paid to every individual. There have been calls during the coronavirus crisis for both an Emergency Basic Income (an immediate Basic Income to protect individuals’ incomes) and for a Recovery Basic Income (a Basic Income to be implemented with a view to preventing a recession once the virus outbreak begins to subside), and also for a permanent Citizen’s Basic Income scheme. This working paper summarises the results of microsimulation research on a Recovery Basic Income and on a subsequent sustainable revenue neutral Citizen’s Basic Income. An appendix studies the implementation of a Citizen’s Basic Income scheme in the context of different Universal Credit roll-out assumptions.

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  • Torry, Malcolm, 2020. "Evaluation of a Recovery Basic Income, and of a sustainable revenue neutral Citizen’s Basic Income, with an appendix relating to different Universal Credit roll-out scenarios," EUROMOD Working Papers EM7/20, EUROMOD at the Institute for Social and Economic Research.
  • Handle: RePEc:ese:emodwp:em7-20
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    References listed on IDEAS

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    1. Diego Collado, 2018. "Financial work incentives and the long-term unemployed: the case of Belgium," Working Papers 1803, Herman Deleeck Centre for Social Policy, University of Antwerp.
    2. Gareth Morgan & Howard Reed & Malcolm Torry, 2019. "Analysis of the Financial Effects of Basic Income," Exploring the Basic Income Guarantee, in: Malcolm Torry (ed.), The Palgrave International Handbook of Basic Income, chapter 0, pages 191-211, Palgrave Macmillan.
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    RePEc Biblio mentions

    As found on the RePEc Biblio, the curated bibliography for Economics:
    1. > Economics of Welfare > Health Economics > Economics of Pandemics > Specific pandemics > Covid-19 > Economic policy > Household support > Cash transfers

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    Cited by:

    1. Ben Spies-Butcher & Ben Phillips & Troy Henderson, 2020. "Between universalism and targeting: Exploring policy pathways for an Australian Basic Income," The Economic and Labour Relations Review, , vol. 31(4), pages 502-523, December.

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