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Main Factors for a Proposal for a Social Protection Floor

Author

Listed:
  • Noemi Peña-Miguel
  • J. Peña Esteban
  • Ana Fernández-Sainz

Abstract

This paper makes a proposal for a basic income (BI) to cover the essential needs of citizens. First the factors that determine the amount spent on essential needs by individuals in Spain in 2010 are examined. Then the factors (number of family members, number of dependents, region of residence, characteristics of head of household, etc.) that determine essential needs are analyzed, based on the Spanish Household Budget Survey (2010), using quantile regression. The regression results are then used to draw up a BI proposal taking household type into account. The aim is to determine the amount of BI needed to protect people from social risks and the resulting insecurities while covering essential needs using those main factors. BI may thus be a powerful tool for combating poverty and inequality. Its main purpose is to meet the essential needs of individuals, so it could be used as a measure to guarantee a basic level of social and economic security for all members of society in place of current minimum income grants and other social benefits. Copyright Springer Science+Business Media Dordrecht 2015

Suggested Citation

  • Noemi Peña-Miguel & J. Peña Esteban & Ana Fernández-Sainz, 2015. "Main Factors for a Proposal for a Social Protection Floor," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 123(1), pages 59-76, August.
    • Handle: RePEc:spr:soinre:v:123:y:2015:i:1:p:59-76
    DOI: 10.1007/s11205-014-0734-3
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    References listed on IDEAS

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    More about this item

    Keywords

    Basic income; Quantile regressions; Poverty; I38; H53;
    All these keywords.

    JEL classification:

    • I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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