Comparative institutional analysis of poverty-alleviation systems: Does basic income improve social welfare?
Kenichi Kurita ()
MPRA Paper from University Library of Munich, Germany
In this study, I conduct a comparative institutional analysis of welfare benefits programs and basic income. I compare the social welfare between the two. I find that when basic income is low, it yields higher social welfare than welfare benefits. Also, the total labor supply under the basic income system is larger than that under welfare benefits programs when the welfare benefits level is lower than the critical level.
Keywords: Comparative institutional analysis; Basic Income; Welfare benefit; Welfare fraud (search for similar items in EconPapers)
JEL-codes: H2 H5 I3 (search for similar items in EconPapers)
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