Modelling universal basic income using UKMOD

Arbeitspapier

This paper focuses on the possibilities and functionalities offered by the tax-benefit microsimulation model for the UK - UKMOD to simulate and analyse the distributional impact of three examples of Basic Income schemes. We show how to build in functionalities to ensure fiscal neutrality and we aim to highlight some of the trade-offs that implementing a Basic Income scheme brings. This paper doesn't intend to engage with arguments around the desirability of introducing Basic Income but rather focuses on the options that UKMOD offers, giving a couple of examples of schemes based on a set of criteria described below.

Show object

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: EUROMOD Working Paper ; No. EM 05/21

Classification and Topics

• Classification: Wirtschaft ; National Government Expenditures and Welfare Programs ; Social Security and Public Pensions ; Welfare, Well-Being, and Poverty: Government Programs; Provision and Effects of Welfare Programs ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Government Policy
• Subject: UKMOD ; Basic Income ; tax-benefit system ; microsimulation

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): De Henau, Jérôme ; Himmelweit, Susan ; Reis, Sara
• Event: Veröffentlichung
• (who): University of Essex, Institute for Social and Economic Research (ISER)
• (where): Colchester
• (when): 2021

Further information

• Handle: http://hdl.handle.net/10419/259515