Economic Response to a Guaranteed Annual Income: Experience from Canada and the United States
Derek Hum and
Wayne Simpson
Journal of Labor Economics, 1993, vol. 11, issue 1, S263-96
Abstract:
This article reviews research from the five income-maintenance experiments in Canada and the United States. After sketching the historical and political context of the experiments, the authors compare their designs and discuss some important analytic difficulties. Their primary focus is the work-incentive issue, both nonstructural estimates of the experimental effects and elasticity estimates of structural labor-supply functions. The authors provide initial estimates of nonstructural and structural models for the Canadian experiment. They discuss more briefly some non-work-response findings associated with a guaranteed annual income and offer some personal comments on social experimentation and the policy process. Copyright 1993 by University of Chicago Press.
Date: 1993
References: Add references at CitEc
Citations: View citations in EconPapers (27)
Downloads: (external link)
http://links.jstor.org/sici?sici=0734-306X%2819930 ... O%3B2-N&origin=repec full text (application/pdf)
Access to full text is restricted to subscribers. See http://www.journals.uchicago.edu/JOLE for details.
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:ucp:jlabec:v:11:y:1993:i:1:p:s263-96
Access Statistics for this article
More articles in Journal of Labor Economics from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().