16
Oct
2024
The potential of universal basic income schemes to mitigate shocks
with Enrico Nichelatti
Luxembourg Institute of Socio-Economic Research (LISER)
Maison des Sciences Humaines
11, Porte des Sciences
L-4366 Esch-sur-Alzette / Belval
03:30 pm
04:30 pm
For inquiries:
seminars@liser.lu

Abstract

The University of LuxembourgLIS Datacenter and LISER invite you for the monthly seminar on social inequality and public policies, which will be held IN-PERSON.

This seminar aims to integrate the spread-out potential for research on social inequalities that exists in Luxembourg.

October 16th  Wednesday, 15.30-16.30 [CET]

The following presentation is scheduled:

Speaker: Enrico Nichelatti (postdoc IRSEI)

Talk title: The potential of universal basic income schemes to mitigate shocks

Abstract: The debate over universal basic income (UBI) has gained traction in the developing world in recent years. We analyse the effects of four UBI schemes on poverty and inequality measures during normal times and times of crisis in Uganda and Zambia. We use static microsimulation models and nationally representative household surveys for each country. Our results show that in Zambia, where the existing social protection benefits have more extensive coverage, the least generous UBI benefit leads to higher poverty and inequality compared to existing benefits. By contrast, in Uganda, a country with only one notable social protection programme, all UBI scenarios reduce poverty and inequality. Yet, differences between welfare estimates for the existing systems and UBI scenarios whether in normal or crisis times are not large when UBI policies are revenue-neutral or expenditures calibrated to the regional average. In normal times and in times of crisis, poverty reduction increases with the generosity of the UBI benefit amount in both countries. UBI schemes clearly outperform existing systems only with UBI benefit amounts that result in unrealistic expenditure levels.

In person room:MSA 4.330    

Professional researchers, PhD students and policy analysts interested in social science research are particularly welcome to attend the seminar, participate in the discussions and present their research. Please contact jason.settels@uni.lu