Implementing a Guaranteed Minimum Income in Italy: An Empirical Analysis of Costs and Political Feasibility

Paola Monti () and Michele Pellizzari

Giornale degli Economisti, 2010, vol. 69, issue 1, 67-100

Abstract: In this paper we analyse a hypothetical welfare reform that would introduce a Guaranteed Minimum Income (GMI) in Italy, the only country of the pre-enlargement EU-15 where a programme of this type does not exist. First we compute the overall cost of a GMI under different assumptions about its generosity and adjustments for differences in the cost of living. Then, we discuss alternative options to finance the additional resources needed to implement the programme. Finally, we present an analysis of winners and losers from such reform and we discuss the type of preferences for redistribution that would be required to obtain political support for a GMI from the majority of the voting population.

Keywords: guaranteed minimum income; poverty; welfare state; social expenditure; preferences; redistribution; Italy. (search for similar items in EconPapers)
JEL-codes: H53 (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations: View citations in EconPapers (2)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gde:journl:gde_v69_n1_p67-100

Ordering information: This journal article can be ordered from
http://www.gde.unibocconi.it

Access Statistics for this article

More articles in Giornale degli Economisti from GDE (Giornale degli Economisti e Annali di Economia), Bocconi University via Sarfatti, 25 - 20136 Milano (Italy).
Bibliographic data for series maintained by Erika Somma ( this e-mail address is bad, please contact ).