Publicação
Universal basic income in Portugal: microsimulation of distributional and fiscal effects
| Resumo: | This paper estimates the first-round effects on poverty and inequality of UBI policies that replace the current Portuguese welfare system. UBI is often hailed as the superior alternative to the means-tested programs offered by Western welfare systems, due to its bureaucratic simplicity and laissez-faire approach. Using the EUROMOD tax-benefit simulator, we estimate the effects of removing the benefits of non-contributory social programs and implementing UBI policies ranging in generosity. We find that the current system is progressive when compared to a budget-equivalent UBI, while more generous UBI policies outperform it. However, we find trade-offs when considering taxing and financing UBI. |
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| Autores principais: | Andrade, Miguel Maria Marques Coelho Freire de |
| Assunto: | Welfare system Universal basic income Inequality Poverty Fiscal budget Microsimulation |
| Ano: | 2024 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| Resumo: | This paper estimates the first-round effects on poverty and inequality of UBI policies that replace the current Portuguese welfare system. UBI is often hailed as the superior alternative to the means-tested programs offered by Western welfare systems, due to its bureaucratic simplicity and laissez-faire approach. Using the EUROMOD tax-benefit simulator, we estimate the effects of removing the benefits of non-contributory social programs and implementing UBI policies ranging in generosity. We find that the current system is progressive when compared to a budget-equivalent UBI, while more generous UBI policies outperform it. However, we find trade-offs when considering taxing and financing UBI. |
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