Basic income or a single tapering rule? : incentives, inclusiveness and affordability compared for the case of Finland / Jon Kristian Pareliussen, Hyunjeong Hwang, Heikki Viitamäki
Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: OECD. OECD Economics Department working papers ; no. 1464Publisher: Paris : OECD Publishing, 2018Description: 1 Online-Ressource (circa 31 Seiten) : IllustrationenSubject(s): Genre/Form: DOI: DOI: 10.1787/d8c0fbc4-enOnline resources: Summary: The combination of different working-age benefits, childcare costs and income taxation creates complexity, reduces work incentives and holds back employment. This paper compares Finland’s benefit system with two benefit reform scenarios: a uniform benefit for all (“basic income”) and a universal tapering rule (“universal credit”). The scenarios are modelled in the OECD TaxBen model and the TUJA microsimulation model. We find that replacing current benefits with a basic income would improve incentives for many, but with a drastic redistribution of income and likely increasing poverty as a result. Merging working-age benefits with similar aims and coordinating their tapering against earnings would on the other hand consistently improve work incentives and transparency, while preserving or improving social protection.PPN: PPN: 1019730692Package identifier: Produktsigel: ZDB-13-SOC | ZDB-13-SOC-ebookNo physical items for this record
Zusammenfassung in französischer Sprache