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      Graduate Student Seminar Series: Optimal Design of Welfare: The Effects of Universal Basic Income Programs in Philadelphia


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      December 7, 2018

      Friday   9:00 AM

      Fisher Fine Arts Library, 3rd floor , 220 S 34th St.
      Philadelphia, Pennsylvania

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      Graduate Student Seminar Series: Optimal Design of Welfare: The Effects of Universal Basic Income Programs

      Graduate Student Seminar Series: Optimal Design of Welfare: The Effects of Universal Basic Income Programs Student presenter: Andre Victor Luduvice, Economics Universal Basic Income (UBI) programs have recently been on the spot of the public debate about social welfare reform. Policy makers from several countries including the United States have announced or started running projects of unconditional cash assistance. Microeconomic evidence from past and ongoing similar policies show no evidence of effect on the labor supply or a slight reduction in work and earnings with an increase in part-time work. At the same time, the phase-out of means-tested programs induces significant differences in after-tax income and high marginal tax rates for low- and moderate income taxpayers. This project proposes a quantitative laboratory that takes into account labor supply, inequality and life-cycle effects to assess the optimality of a substitution of the current US's income security system to a system with unconditional transfers. **Coffee and light breakfast will be provided 

      Categories: University & Alumni | Politics & Activism

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