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.
advanced countries. It is worth pointing out, however, that the U.S. provides much less generous income transfers, with much more of a focus on work, than do most other developed countries. A UBI would thus be a larger change, both philosophically and in terms of the distribution of funds, in the U.S. than elsewhere.
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