Basic Income Simulations for the Province of British Columbia

Green, David A.; Kesselman, Jonathan R.; Tedds, Lindsay M.; Crisan, I. Daria; Petit, Gillian

doi:10.2139/ssrn.3781858

Cited by 6 publications

(12 citation statements)

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“…The second is that the incentives from moving to a basic income are not dramatically different from those in the current system, with better paid work incentives in some ranges and worse in others. This echoes the argument in Milligan (2020) and Green et al (2023) that a basic income integrated (as it must be in the real world) into the existing system of other taxes and benefits is not necessarily a simpler approach with lower tax walls. It is a complex system in its own right that is not obviously better or worse than existing systems in terms of labour supply incentives.…”

Section: A Prediction Of Hours Effects Of Shifting To a Basic Incomesupporting

confidence: 69%

“…In Green et al (2023), we use the range of elasticity estimates for Canada combined with effects of shifting to a basic income on marginal and participation tax rates to provide a range of estimates of net effects for paid hours of work. As in figure 2, we use a basic income system with a $20,000 income guarantee and 50% tax back rate, removing only the income assistance system when we introduce a basic income.…”

Section: A Prediction Of Hours Effects Of Shifting To a Basic Incomementioning

confidence: 99%

“…Proponents argue that having a guaranteed backstop would reduce stress (with associated health benefits), allow people to switch careers, allow people to invest in human capital, support people in starting a new business, create the conditions for better health and education outcomes for children, and many more. In our report for the BC government (Green et al 2020) and in an expanded version applied to conditions in all of Canada in our recent book (Green et al 2023), the BC Basic Income Panel members presented intensive investigations of these claims. Here, I will focus on just one set of claims—those related to labour market outcomes, diving deeper into the impact of a basic income than was possible in the broader discussions in the report and book.…”

Section: Defining Basic Incomementioning

confidence: 99%

“…In Green et al (2023), we develop the practical implications of this idea, arguing for a specific set of principles to use in considering policy options. Key among these are adequacy of income levels, balancing individual autonomy with supporting communities (because we find both our self‐respect and social respect in communities) and focusing on the process of implementation of policies as well as their end goals (because the respect that people experience when accessing supports are a key feature of how policies affect their lives).…”

Section: Basic Income and Labour Supplymentioning

confidence: 99%

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Basic income and the labour market: Labour supply, precarious work and technological change

Green

2023

Canadian J of Economics

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In this paper, I examine the relationship between a basic income as a policy tool and the functioning of the labour market. I focus on three key areas where a basic income has been hypothesized to relate to labour markets: (i) through altering work decisions, (ii) as a response to predicted changes in work arising from technological change and (iii) as backstop that would allow workers to demand better working conditions and higher wages. I provide answers on the role or impact of a basic income in each area in the context of the current Canadian labour market. But a key focus in the paper is on the ways we could alter our labour market models to provide a better basis for debating the impacts of policies like a basic income in the context of a goal of moving toward a more just society.

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Section: A Prediction Of Hours Effects Of Shifting To a Basic Incomesupporting

confidence: 69%

Section: A Prediction Of Hours Effects Of Shifting To a Basic Incomementioning

confidence: 99%

Section: Defining Basic Incomementioning

confidence: 99%

Section: Basic Income and Labour Supplymentioning

confidence: 99%

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Basic income and the labour market: Labour supply, precarious work and technological change

Green

2023

Canadian J of Economics

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“…Justifying income as a sole measure of inequality is usually glossed over in most income-only studies, due to an implicit assumption that income is a valid a priori means of measuring inequality. Axioms postulated include: that income is the “most common and encompassing measure” for examining inequality [ 21 ], that “income is the key contributor to the well-being of Canadian families” [ 22 ], and that income is the “most used indicator” for examining economic inequality and segregation [ 4 ]. However, such statements regarding income are equivocal justifications at best.…”

Section: Justifying Income As a Measurement Of Inequalitymentioning

confidence: 99%

The temporal evolution of income polarization in Canada’s largest CMAs

Ilic¹,

Sawada²

2021

PLoS ONE

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Income polarization is a pressing issue which is increasingly discussed by academics and policymakers. The present research examines income polarization in Canada’s eight largest Census Metropolitan Areas (CMAs) using data at the census-tract (CT) level between 1971 and 2016. Generally, there are significant decreasing trends in the middle-income population with simultaneously increasing trends in low-income groups. The high-income groups have been relatively stable with fewer significant increasing population trends. Using conventional mapping and cartograms, patterns of the spatial evolution of income inequality are illustrated. Every CMA examined contains an increasing trend of spatial fragmentation at the patch level within each CMA’s landscape mosaic. The results of a spatial autocorrelation analysis at the sub-patch, CT level, exhibit significant spatial clustering of high-income CTs as one process that dominates the increasingly fragmented landscape mosaic.

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Assessing the impact of a safety income model as an alternative approach to universal basic income: a case study in South Korea

Park,

Cho,

Kim

et al. 2024

IJSSP

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PurposeThis case study focuses on an alternative minimum-security model, the Safety Income (SI) Model, representing a nuanced departure from both established policies and UBI. StI is a welfare system that supplements households earning below the standard median income with 50% of the difference between the standard median and their current earnings. The quantitative case study presents the set-up of SI and assesses the cost of its implementation in South Korea. By employing a computable general equilibrium model method, the study compares the impacts of SI, UBI and the existing scheme in South Korea on income disparities, labor market outcomes and Gross Domestic Product.Design/methodology/approachIn the past decade, the Universal Basic Income (UBI) concept has gained international significant traction as a potential remedy for poverty and inequality. However, the practical implications of UBI implementation remain under extensive debate. It is unclear if UBI is an effective model for poverty alleviation.FindingsThe analyses show that SI outperforms the other two welfare systems across all studied economic indicators. SI demonstrates more substantial reductions in income inequality compared with UBI and the existing scheme, minimal impact on unemployment rates compared with other schemes and a relatively modest decrease in GDP, making it a more favorable choice for South Korea when developing the minimum-security system within the specified budget constraint.Originality/valueThis research contributes to the discourse surrounding basic income, economic security, poverty alleviation and inclusive social policies.

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Basic Income Simulations for the Province of British Columbia

Cited by 6 publications

References 0 publications

Basic income and the labour market: Labour supply, precarious work and technological change

Basic income and the labour market: Labour supply, precarious work and technological change

The temporal evolution of income polarization in Canada’s largest CMAs

Assessing the impact of a safety income model as an alternative approach to universal basic income: a case study in South Korea

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