Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/228387
Authors: 
Badenes Plá, Nuria
Gambau-Suelves, Borja
Navas Román, María
Year of Publication: 
2019
Series/Report no.: 
EUROMOD Working Paper No. EM8/19
Abstract: 
This papers quantifies the redistributive effects on progressivity, poverty and welfare, that would occur if the monetary benefits currently in place in the Spanish system were to be replaced by a neutral alternative in terms of spending, granting a universal basic income (UBI) to everyone. We have calculated two scenarios: one in which the benefit system is replaced by a basic income, and another in which retirement pensions are maintained, with the rest of monetary benefits being distributed via a UBI. The simulations are carried out using EUROMOD. The implementation of a UBI, even a very radical one that eliminates the existing benefits system, could be: economically sustainable; as redistributive as the current one; almost as poverty reducing as the one in force (or more in some dimensions), and a generator of greater welfare.
Subjects: 
basic income
redistribution
inequality
progressivity
poverty
welfare
microsimulation
EUROMOD
JEL: 
C60
D31
D63
H20
H24
I3
Document Type: 
Working Paper

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