Wharton PPI B-School for Public Policy Seminar Summaries
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Seminar Date
Fall 9-14-2018
Publication Date
Fall 9-25-2019
Summary
Concern over massive structural unemployment, due to technological automation and globalization, is on the rise. Universal Basic Income (UBI) has attracted attention from both sides of the aisle as one potential solution to a scenario where a large number of people are not able to earn a livable wage. In order to understand the economic implications of UBI, economists have studied previous and current examples of UBI-type programs, analyzing their impact on consumption, labor force participation, education, health, and other key metrics.
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Disciplines
Behavioral Economics | Econometrics | Economics | Income Distribution | Labor Economics
Keywords
universal basic income, UBI, casino dividend, Milton Friedman, Negative Income Tax, Alaska Permanent Fund, livable wage, economic disparity, labor, wealth distribution
Included in
Behavioral Economics Commons, Econometrics Commons, Income Distribution Commons, Labor Economics Commons