The Curious Case of Universal Basic Income
(2021) EKHS42 20211Department of Economic History
- Abstract
- This research focuses on universal basic income (UBI) and what potential societal effects an implementation of such a benefit could have. While many opinionated papers circulate within the academic debate, this thesis tries to systematically bring together, interpret and critically evaluate the scientific publications that are relevant to the analysis of the implementation of UBI. This in combination with new empirical simulation results obtained from a tax-benefit model. The aim of this thesis is to provide a cornerstone of comparison, specifically for the United Kingdom, by making empirically and scientifically informed considerations about the possible outcomes of the implementation of UBI. Theoretical deliberations pertaining to... (More)
- This research focuses on universal basic income (UBI) and what potential societal effects an implementation of such a benefit could have. While many opinionated papers circulate within the academic debate, this thesis tries to systematically bring together, interpret and critically evaluate the scientific publications that are relevant to the analysis of the implementation of UBI. This in combination with new empirical simulation results obtained from a tax-benefit model. The aim of this thesis is to provide a cornerstone of comparison, specifically for the United Kingdom, by making empirically and scientifically informed considerations about the possible outcomes of the implementation of UBI. Theoretical deliberations pertaining to behavioural patterns, take-up of benefits as well as social and political support showcase that the implementation of UBI in its purest form still harbours many unknowns. Empirical results from simulations show that UBI has potential to tackle poverty and inequality problems. However, they also show that this mostly happens at the cost of some people’s economic situation. The decisions made on the UBI set-up play a vital role in determining where the economic winners and losers can be found in society. Overall, the policy has potential, but more research is required to estimate the true societal effects of the implementation of UBI. (Less)
- Popular Abstract
- This research focuses on universal basic income (UBI) and what potential societal effects an implementation of such a benefit could have. While many opinionated papers circulate within the academic debate, this thesis tries to systematically bring together, interpret and critically evaluate the scientific publications that are relevant to the analysis of the implementation of UBI. This in combination with new empirical simulation results obtained from a tax-benefit model. The aim of this thesis is to provide a cornerstone of comparison, specifically for the United Kingdom, by making empirically and scientifically informed considerations about the possible outcomes of the implementation of UBI. Theoretical deliberations pertaining to... (More)
- This research focuses on universal basic income (UBI) and what potential societal effects an implementation of such a benefit could have. While many opinionated papers circulate within the academic debate, this thesis tries to systematically bring together, interpret and critically evaluate the scientific publications that are relevant to the analysis of the implementation of UBI. This in combination with new empirical simulation results obtained from a tax-benefit model. The aim of this thesis is to provide a cornerstone of comparison, specifically for the United Kingdom, by making empirically and scientifically informed considerations about the possible outcomes of the implementation of UBI. Theoretical deliberations pertaining to behavioural patterns, take-up of benefits as well as social and political support showcase that the implementation of UBI in its purest form still harbours many unknowns. Empirical results from simulations show that UBI has potential to tackle poverty and inequality problems. However, they also show that this mostly happens at the cost of some people’s economic situation. The decisions made on the UBI set-up play a vital role in determining where the economic winners and losers can be found in society. Overall, the policy has potential, but more research is required to estimate the true societal effects of the implementation of UBI. (Less)
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9053199
- author
- Hendriks, Rik Hendrik Gerardus LU
- supervisor
- organization
- alternative title
- A general overview of UBI and a case-study of the UK
- course
- EKHS42 20211
- year
- 2021
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Universal Basic Income, Minimum Income Protection, Welfare States, Behavioural Patterns, Non-take up of Benefits and Tax-Benefit Model Simulations.
- language
- English
- id
- 9053199
- date added to LUP
- 2021-06-24 13:20:15
- date last changed
- 2021-06-24 13:20:15
@misc{9053199,
abstract = {{This research focuses on universal basic income (UBI) and what potential societal effects an implementation of such a benefit could have. While many opinionated papers circulate within the academic debate, this thesis tries to systematically bring together, interpret and critically evaluate the scientific publications that are relevant to the analysis of the implementation of UBI. This in combination with new empirical simulation results obtained from a tax-benefit model. The aim of this thesis is to provide a cornerstone of comparison, specifically for the United Kingdom, by making empirically and scientifically informed considerations about the possible outcomes of the implementation of UBI. Theoretical deliberations pertaining to behavioural patterns, take-up of benefits as well as social and political support showcase that the implementation of UBI in its purest form still harbours many unknowns. Empirical results from simulations show that UBI has potential to tackle poverty and inequality problems. However, they also show that this mostly happens at the cost of some people’s economic situation. The decisions made on the UBI set-up play a vital role in determining where the economic winners and losers can be found in society. Overall, the policy has potential, but more research is required to estimate the true societal effects of the implementation of UBI.}},
author = {{Hendriks, Rik Hendrik Gerardus}},
language = {{eng}},
note = {{Student Paper}},
title = {{The Curious Case of Universal Basic Income}},
year = {{2021}},
}