Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/125348 
Authors: 
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 128 [Publisher:] Institute for the Study of Labor (IZA) [Place:] Bonn [Year:] 2015
Publisher: 
Institute for the Study of Labor (IZA), Bonn
Abstract: 
Automation and globalization have brought about a tremendous increase in productivity, but also accelerated job destruction, systemic risks, and greater income inequality. Current social policies may not be adequate for achieving the goals of redistributing the gains from automation and globalization, providing efficient buffers against economic shocks, and advancing the reallocation of jobs and skills. Under certain circumstances, an unconditional basic income might be a better alternative for achieving those goals. It is simple, transparent, and has low administrative costs, though it may require higher taxes.
Subjects: 
basic income
means testing
incentives
redistribution
globalization
automation
JEL: 
I38
H24
Persistent Identifier of the first edition: 
Document Type: 
Article

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