A Feasible Basic Income Scheme for Germany: Effects on Labor Supply, Poverty, an

Description: A Feasible Basic Income Scheme for Germany by Maximilian Sommer This book analyzes the consequences that would arise if Germanys means-tested unemployment benefits were replaced with an unconditional basic income. FORMAT Hardcover LANGUAGE English CONDITION Brand New Publisher Description This book analyzes the consequences that would arise if Germanys means-tested unemployment benefits were replaced with an unconditional basic income. The basic income scheme introduced is based on a negative income tax and calibrated to be both financially feasible and compatible with current constitutional legislation. Using data from the German Socio-Economic Panel (GSOEP) the author examines the impact of the reform on the household labor supply as well as on both poverty and inequality measures. It is shown that by applying reasonable values for both the basic income and the implied marginal tax rate imposed on earned incomes, efficiency gains can be reconciled with generally accepted value statements. Furthermore, as the proposal includes a universal basic income for families, child poverty could be reduced considerably. The estimates are based on the discrete choice approach to labor supply. Back Cover This book analyzes the consequences that would arise if Germanys means-tested unemployment benefits were replaced with an unconditional basic income. The basic income scheme introduced is based on a negative income tax and calibrated to be both financially feasible and compatible with current constitutional legislation. Using data from the German Socio-Economic Panel (GSOEP) the author examines the impact of the reform on the household labor supply as well as on both poverty and inequality measures. It is shown that by applying reasonable values for both the basic income and the implied marginal tax rate imposed on earned incomes, efficiency gains can be reconciled with generally accepted value statements. Furthermore, as the proposal includes a universal basic income for families, child poverty could be reduced considerably. The estimates are based on the discrete choice approach to labor supply. Table of Contents Introduction.- The Normative Argument for an Unconditional Basic Income.- Implementation of a Basic Income by a Negative Income Tax.- A Negative Income Tax Proposal for Germany.- Modeling Political Reforms: The Discrete Approach to Labor Supply.- Implications on the Proposed Basic Income Reform. Feature Proposes a concept for a feasible basic income scheme that completely reconciles socio-political and economic requirements Applies the latest microeconomics methods, concretely analyzing allocation and distribution effects on different household types Based on up-to-date empirical data Details ISBN3319240625 Author Maximilian Sommer Language English ISBN-10 3319240625 ISBN-13 9783319240626 Format Hardcover Short Title FEASIBLE BASIC INCOME SCHEME F Media Book Pages 198 Year 2016 Imprint Springer International Publishing AG Subtitle Effects on Labor Supply, Poverty, and Income Inequality Place of Publication Cham Country of Publication Switzerland Edition 1st DOI 10.1007/978-3-319-24064-0 Publication Date 2016-03-10 UK Release Date 2016-03-10 Illustrations 31 Illustrations, color; XXI, 198 p. 31 illus. in color. Publisher Springer International Publishing AG Edition Description 1st ed. 2016 Series Contributions to Economics Alternative 9783319795751 DEWEY 339.20943 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:98041430;

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