Universal Basic Income: Debate and Impact Assessment

Maura Francese and Delphine Prady

No 2018/273, IMF Working Papers from International Monetary Fund

Abstract: This paper discusses the definition and modelling of a universal basic income (UBI). After clarifying the debate about what a UBI is and presenting the arguments in favor and against, an analytical approach for its assessment is proposed. The adoption of a UBI as a policy tool is discussed with regard to the policy objectives (shaped by social preferences) it is designed to achieve. Key design dimensions to be considered include: coverage, generosity of the program, overall progressivity of the policy, and its financing.

Keywords: WP; UBI; income; cost; program (search for similar items in EconPapers)
Pages: 24
Date: 2018-12-10
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Citations: View citations in EconPapers (7)

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