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Some Effects of Basic Income on Economic Variables

In: The Palgrave International Handbook of Basic Income

Author

Listed:
  • Meghnad Desai

    (London School of Economics)

  • Ana Helena Palermo

    (University of Freiburg)

Abstract

Desai and Palermo discuss the effects of Basic Income on selected economic variables. The discussion has a theoretical basis and uses a microeconomic approach. The effects that the chapter studies concern both individual and aggregated perspectives. Consumption at the individual level, paid work, unpaid work, and leisure, belong to the first group; and aggregated consumption, Gross Domestic Product, and income distribution, belong to the second. The chapter discusses which effects a Basic Income funded by a labour income tax would have, and which an externally financed Basic Income would have, on some aspects of these variables. A classification of Basic Incomes at three different levels is used to guide the analysis: the ‘partial’, the ‘freedom-enhancing’, and the ‘emancipatory’ Basic Incomes.

Suggested Citation

  • Meghnad Desai & Ana Helena Palermo, 2019. "Some Effects of Basic Income on Economic Variables," Exploring the Basic Income Guarantee, in: Malcolm Torry (ed.), The Palgrave International Handbook of Basic Income, chapter 0, pages 91-110, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-3-030-23614-4_6
    DOI: 10.1007/978-3-030-23614-4_6
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    Cited by:

    1. Mohammad Rasoolinejad, 2019. "Universal Basic Income: The Last Bullet in the Darkness," Papers 1910.05658, arXiv.org, revised Nov 2021.

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