Exploring the effects and mechanisms of a Universal Basic Income on Education (eBook)

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2022 | 1. Auflage
GRIN Verlag
978-3-346-66659-8 (ISBN)

Infos

Academic Paper from the year 2022 in the subject Economics - Other, University of St. Gallen, language: English, abstract: This paper aims to find out about the effects of a Universal Basic Income on education. At first, the concept of the Universal Basic Income will be explained and it will be put into a global context. Further, its effect on education will be analyzed using various studies conducted over the last decades, to estimate the short-term impacts a UBI would have on education. In order to also go into detail on long-term effects, the latter analysis will be complemented with a model by Daruich & Fernández (2020). This will show that while short-term effects of a Universal Basic Income might seem favorable when viewing a UBI policy over a longer time frame effects such as a general equilibrium and intergenerational linkages come into play. This leads to the conclusion that while a Universal basic income might seem to increase education standards at first glance, over the long-term this would most likely not be the case, even considering extreme scenarios, such as massive job losses due to automation.

Produkt-Details

• Erscheint lt. Verlag: 21.6.2022
• Verlagsort: München
• Sprache: englisch
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre
• Schlagworte: BASIC • Education • Exploring • income • Universal
• ISBN-10: 3-346-66659-X / 334666659X
• ISBN-13: 978-3-346-66659-8 / 9783346666598