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Technical background paper: The macroeconomics of establishing a basic income grant in South Africa

Author

Listed:
  • Daan Steenkamp
  • Hylton Hollander
  • Roy Havemann

Abstract

Working Paper 881 This paper quantifies the effect of fiscal transfers on the trade-off between social relief and debt accumulation, and discusses the economic growth and fiscal implications of different combinations of expanded social support and funding choices. Given South Africa’s already high level of public debt, the opportunity to fund a basic income grant […]

Suggested Citation

  • Daan Steenkamp & Hylton Hollander & Roy Havemann, "undated". "Technical background paper: The macroeconomics of establishing a basic income grant in South Africa," Working Papers 881, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:881
    as

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    More about this item

    Keywords

    DSGE; fiscal sustainability; Universal Basic Income;
    All these keywords.

    JEL classification:

    • D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt

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