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Some Effects of Basic Income on Economic Variables

  • Meghnad Desai
  • Ana Helena Palermo
Chapter
Part of the Exploring the Basic Income Guarantee book series (BIG)

Abstract

Desai and Palermo discuss the effects of Basic Income on selected economic variables. The discussion has a theoretical basis and uses a microeconomic approach. The effects that the chapter studies concern both individual and aggregated perspectives. Consumption at the individual level, paid work, unpaid work, and leisure, belong to the first group; and aggregated consumption, Gross Domestic Product, and income distribution, belong to the second. The chapter discusses which effects a Basic Income funded by a labour income tax would have, and which an externally financed Basic Income would have, on some aspects of these variables. A classification of Basic Incomes at three different levels is used to guide the analysis: the ‘partial’, the ‘freedom-enhancing’, and the ‘emancipatory’ Basic Incomes.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Meghnad Desai
    • 1
  • Ana Helena Palermo
    • 2
  1. 1.London School of EconomicsLondonUK
  2. 2.University of FreiburgFreiburg im BreisgauGermany

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