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The macroeconomics of establishing a basic income grant in South Africa

Author

Listed:
  • Daan Steenkamp
  • Hylton Hollander
  • Roy Havemann

Abstract

Discussion Document 04 This paper offers a discussion on the macroeconomics of establishing a basic income grant. It uses a DSGE model to explore the feedback effects between macroeconomic factors pertaining to a basic income grant. Introducing such a grant raises consumption in poor households, but how would a permanent basic income grant be financed? […]

Suggested Citation

  • Daan Steenkamp & Hylton Hollander & Roy Havemann, "undated". "The macroeconomics of establishing a basic income grant in South Africa," Working Papers 04, Economic Research Southern Africa.
    • Handle: RePEc:rza:wpaper:04
    as

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    Citations

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    Cited by:

    1. Selezneva, Ekaterina, 2011. "Surveying transitional experience and subjective well-being: Income, work, family," Economic Systems, Elsevier, vol. 35(2), pages 139-157, June.
    2. Sibel Selim, 2008. "Life Satisfaction and Happiness in Turkey," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 88(3), pages 531-562, September.
    3. Timothy Hinks & Carola Gruen, 2007. "What is the Structure of South African Happiness Equations? Evidence from Quality of Life Surveys," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 82(2), pages 311-336, June.
    4. Jiří Večerník & Martina Mysíková, 2014. "(Un)happy transition? Subjective Well-being in European Countries in 1991-2008 and Beyond," WIFO Working Papers 467, WIFO.
    5. Nan Zou Bakkeli, 2020. "Older Adults’ Mental Health in China: Examining the Relationship Between Income Inequality and Subjective Wellbeing Using Panel Data Analysis," Journal of Happiness Studies, Springer, vol. 21(4), pages 1349-1383, April.
    6. Peter Sanfey & Utku Teksoz, 2007. "Does transition make you happy?," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 15, pages 707-731, October.
    7. Jiří Večerník, 2012. "Subjektivní indikátory blahobytu: přístupy, měření a data [Subjective Indicators of Well-Being: Approaches, Measurements and Data]," Politická ekonomie, Prague University of Economics and Business, vol. 2012(3), pages 291-308.
    8. Jiří Večerník, 2014. "Subjektivní blahobyt v České republice a střední Evropě: makro- a mikro-determinanty [Subjective Well-Being in the Czech Republic and Central Europe: Macro- and Micro-Determinants]," Politická ekonomie, Prague University of Economics and Business, vol. 2014(2), pages 249-269.

    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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