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Papers on “universal basic income effects evidence”

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  1. Universal Basic Income in the United States and Advanced Countries

    Hilary Williamson Hoynes, Jesse M. Rothstein · 2019 · Annual Review of Economics · 248 cites

    We discuss the potential role of universal basic incomes (UBIs) in advanced countries. A feature of advanced economies that distinguishes them from developing countries is the existence of well-developed, if often incomplete, safety nets. We develop a framework for describing transfer programs that is flexible enough to encompass most existing programs as well as UBIs, and we use this framework to compare various UBIs to the existing constellation of programs in the United States. A UBI would direct much larger shares of transfers to childless, nonelderly, nondisabled households than existing programs, and much more to middle-income rather than poor households. A UBI large enough to increase

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  2. Universal Basic Income in the Developing World

    Abhijit Banerjee, Paul Niehaus, Tavneet Suri · 2019 · Annual Review of Economics · 208 cites

    Should developing countries give all of their citizens enough money to live on? Interest in this idea has grown enormously in recent years, reflecting both positive results from a number of existing cash transfer programs and dissatisfaction with the perceived limitations of piecemeal, targeted approaches to reducing extreme poverty. We discuss what we know (and what we do not) about three questions: what recipients would likely do with the incremental income, whether this would unlock further economic growth, and whether giving the money to everyone (as opposed to targeting it) would be wise.

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  3. The public health effects of interventions similar to basic income: a scoping review

    Marcia Gibson, Wendy Hearty, Peter Craig · 2020 · The Lancet Public Health · 162 cites

    Universal, unconditional basic income is attracting increasing policy and academic interest. Income is a key health determinant, and a basic income could affect health through its effect on other determinants, such as employment. However, there is little evidence of its potential effects on public health, because no studies of interventions which meet the definition of basic income have been done. However, there is evidence from studies of interventions with similarities to basic income. Therefore, we aimed to identify these studies and to consider what can be learned from them about the potential effects of such interventions on health and socioeconomic outcomes. We did a systematic scoping

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  4. The mental health effects of a Universal Basic Income: A synthesis of the evidence from previous pilots

    Naomi Wilson, Shari McDaid · 2021 · Social Science & Medicine · 78 cites

    INTRODUCTION: Amongst its advocates, one of the key arguments for a Universal Basic Income (UBI) is its potential to improve population mental health. However, while previous authors have variously examined the potential effects of UBI on income, employment and labour market demand, the direct mental health consequences of previous pilots have been less frequently examined. The purpose of this paper is therefore to conduct a review of the literature on UBI and to re-examine the existing research with a mental health focus. METHODS: Six electronic databases were used to conduct a review of the literature. We searched for empirical research studies of any design, conducted since the year 2000

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  5. Universal Basic Income: A Dynamic Assessment

    Diego Daruich, Raquel Fernández · 2023 · American Economic Review · 42 cites

    Universal basic income (UBI) is an increasingly popular policy proposal, but there is no evidence regarding its longer-term consequences. We find that UBI generates large welfare losses in a general equilibrium model with imperfect capital markets, labor market shocks, and intergenerational linkages via skill formation and transfers. This conclusion is robust to various alternative ways of financing UBI. By using observationally equivalent models that eliminate different sources of endogenous dynamic linkages (equilibrium capital market and parental investment in child skills), we show that the latter are largely responsible for the negative welfare consequences. (JEL H24, H31, I38, J22, J24

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  6. Universal Basic Income: A Dynamic Assessment

    Diego Daruich, Raquel Fernández · 2020 · National Bureau of Economic Research · 28 cites

    Universal basic income (UBI) is an increasingly popular policy proposal but there is no evidence regarding its longer-term consequences.We study UBI in a general equilibrium model with imperfect capital markets, labor market shocks, and intergenerational linkages via skill formation and transfers.We find that UBI increases-welfare for older agents but has large-welfare losses for younger agents and future generations.A sizable share of the negative effects stem from the endogenous intergenerational linkages.Modeling automation as an increased probability of an "out-of-work" shock, the model provides insights on the changing welfare consequence of UBI in a riskier environment.

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  7. Exploring the Health Case for Universal Basic Income: Evidence from GPs Working with Precarious Groups

    Matthew Johnson, Dan Degerman, Robert Geyer · 2019 · Basic Income Studies · 19 cites

    This article draws upon clinical experience of GPs working in a deprived area of the North East of England to examine the potential contribution of Universal Basic Income to health by mitigating ‘patient-side barriers’ among three cohorts experiencing distinct forms of ‘precariousness’: 1) long-term unemployed welfare recipients with low levels of education (lumpenprecariat); 2) workers on short-term/zero-hours contracts with low levels of education (‘lower’ precariat); 3) workers on short-term/zero-hours contracts with relatively high levels of education (‘upper’ precariat). We argue that any benefits must be accompanied by robust institutions capable of promoting health.

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