IDEAS home Printed from https://ideas.repec.org/h/pal/etbchp/978-3-030-43904-0_4.html
   My bibliography  Save this book chapter

Basic Income Does Not Threaten Labor Markets

In: Political Activism and Basic Income Guarantee

Author

Listed:
  • Joseph Kane

    (University of Massachusetts)

  • Kirsten Lydic

    (Massachusetts Institute of Technology)

Abstract

Basic income is often seen as a threat to the stability of labor markets. However, not only are concerns about mass withdrawal from the labor force unfounded, there is reason to believe that basic income would actually improve the functioning of labor markets. While there is little empirical evidence that can be used to evaluate basic income, behavioral evidence suggests that our risk-averse species likes to work and may become more productive if a basic income were introduced to reduce economic risk. This paper provides basic income activists with both a defense against negative labor market implications, as well as an introduction to why labor markets may actually improve with basic income.

Suggested Citation

  • Joseph Kane & Kirsten Lydic, 2020. "Basic Income Does Not Threaten Labor Markets," Exploring the Basic Income Guarantee, in: Richard K. Caputo & Larry Liu (ed.), Political Activism and Basic Income Guarantee, chapter 0, pages 51-67, Palgrave Macmillan.
    • Handle: RePEc:pal:etbchp:978-3-030-43904-0_4
    DOI: 10.1007/978-3-030-43904-0_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:etbchp:978-3-030-43904-0_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.