Transcription of Universal Basic Income in the US and Advanced Countries
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Universal Basic Income in the US and Advanced Countries
NBER WORKING PAPER SERIES. Universal Basic Income IN THE US AND Advanced Countries . Hilary W. Hoynes Jesse Rothstein Working Paper 25538. NATIONAL BUREAU OF ECONOMIC RESEARCH. 1050 Massachusetts Avenue Cambridge, MA 02138. February 2019. This paper was invited for a Symposium on Universal Basic Income in Annual Review of Economics. We thank James Hawkins, Krista Ruffini, and Rachel Young for excellent research assistance, and Marianne Bitler, Lauren Burns-Coady, Angus Deaton, Bill Gale, Irv Garfinkel, Robert Moffitt, Austin Nichols, Paul Niehaus, and Diane Schanzenbach for helpful comments and discussions. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research. NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.
framework to discuss several possible interpretations of the words “universal” and “basic income.” We also discuss the various UBIs in proposal or pilot form and how they compare to a canonical UBI. In Section IV, we discuss the distributional implications of a UBI. Focusing on the U.S., we
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