Guaranteed Minimum Income: the case of Quebec

Dorothee Boccanfuso, Jean-Michel Cousineau and Raquel Fonseca ()

Cahiers de recherche / Working Papers from Chaire de recherche sur les enjeux économiques intergénérationnels / Research Chair in Intergenerational Economics

Abstract: This paper explores the concept of a guaranteed minimum income (GMI), proposes an inclusive and operational definition that helps clarify the debate, and proposes an analysis that attempts to show the implications of implementing a GMI in Quebec in its absolute form, namely the universal allowance, or in the form of a negative tax. Our results show significant problems of equity, work incentives or social acceptability. The cost would also be important for public finances. We conclude that both forms of GMI would be difficult to implement in Quebec.

Keywords: universal allowance; negative income tax; Quebec. (search for similar items in EconPapers)
JEL-codes: D63 H24 I38 P2 (search for similar items in EconPapers)
Date: 2020
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Working Paper: Guaranteed Minimum Income: the Case of Quebec (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:rsi:creeic:2005

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