Arbeitspapier

Basic income and a public job offer: Complementary policies to reduce poverty and unemployment

Unconditional basic income, or a job guarantee by government as employer-of-last-resort, are usually discussed as alternative policies, though the first does not provide the benefits of an earned income and a good job to the growing numbers in precarious- or under-employment, while the second fails to assist those who would prefer to remain in self-employment or particular occupations if their incomes were higher, rather than to work under a JG. Furthermore a JG cannot support those who are unwilling to work. We argue here that the only cost-effective policy for comprehensive welfare is a combination of a modest basic income with job offer by local authorities below the minimum wage.

Language
Englisch

Bibliographic citation
Series: IZA Policy Paper ; No. 133

Classification
Wirtschaft
National Government Expenditures and Welfare Programs
Subject
basic income
job guarantee
poverty
unemployment

Event
Geistige Schöpfung
(who)
FitzRoy, Felix
Jin, Jim
Event
Veröffentlichung
(who)
Institute of Labor Economics (IZA)
(where)
Bonn
(when)
2017

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • FitzRoy, Felix
  • Jin, Jim
  • Institute of Labor Economics (IZA)

Time of origin

  • 2017

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