Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/228406
Authors: 
Torry, Malcolm
Year of Publication: 
2020
Series/Report no.: 
EUROMOD Working Paper No. EM7/20
Abstract: 
A Citizen's Basic Income, sometimes called a Basic Income, a Universal Basic Income, or a Citizen's Income, is an unconditional and nonwithdrawable income paid to every individual. There have been calls during the coronavirus crisis for both an Emergency Basic Income (an immediate Basic Income to protect individuals' incomes) and for a Recovery Basic Income (a Basic Income to be implemented with a view to preventing a recession once the virus outbreak begins to subside), and also for a permanent Citizen's Basic Income scheme. This working paper summarises the results of microsimulation research on a Recovery Basic Income and on a subsequent sustainable revenue neutral Citizen's Basic Income. An appendix studies the implementation of a Citizen's Basic Income scheme in the context of different Universal Credit roll-out assumptions.
Subjects: 
Citizen's Basic Income
microsimulation
UKMOD
JEL: 
C80
H53
H55
I38
R20
Document Type: 
Working Paper

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