English, Article, Journal or magazine article edition: Basic income and unemployment in a unionized economy Van der Linden, Bruno

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Bookmark: http://trove.nla.gov.au/version/4043
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Basic income and unemployment in a unionized economy
Author
  • Van der Linden, Bruno
Physical Description
  • preprint
Notes
  • This paper develops a dynamic general equilibrium model of a unionized economy to analyze the impact of unconditional basic income schemes on unemployment. Starting from a given level of the unemployment benefits, two reforms are envisaged : one where these benefits are replaced by a higher unconditional grant (the full basic income) and another where the income of the unemployed remains unchanged (the partial basic income). Assuming a proportional tax on earnings and a balanced budget of the State, it is shown that the equilibrium unemployment rate decreases if a partial basic income is implemented. The same conclusion holds for a sufficiently small full basic income.
  • Basic income; unconditional grant; wage bargaining; unemployment
  • RePEc:ctl:louvir:1997014
Language
  • English
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