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2019 | OriginalPaper | Chapter

6. Some Effects of Basic Income on Economic Variables

Authors : Meghnad Desai, Ana Helena Palermo

Published in: The Palgrave International Handbook of Basic Income

Publisher: Springer International Publishing

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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.

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Title: Some Effects of Basic Income on Economic Variables
Authors: Meghnad Desai
Ana Helena Palermo
Publisher: Springer International Publishing
Book: The Palgrave International Handbook of Basic Income
Print ISBN: 978-3-030-23613-7

Electronic ISBN: 978-3-030-23614-4

Copyright Year: 2019
DOI: https://doi.org/10.1007/978-3-030-23614-4_6