A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES

ABSTRACT The Covid-19 pandemic outbreak has led to an increasing interest in universal basic income (UBI) proposals, as it exposed the inadequacy of traditional welfare systems to provide basic financial security to a large share of the population. In this paper, we use a static tax-benefit microsim...

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Main Authors: Rozane Bezerra de Siqueira, José Ricardo Bezerra Nogueira
Format: Article
Language:English
Published: Universidade Federal do Rio de Janeiro 2023-05-01
Series:Revista de Economia Contemporânea
Subjects:
Online Access:http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482023000100206&lng=en&tlng=en
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author Rozane Bezerra de Siqueira
José Ricardo Bezerra Nogueira
author_facet Rozane Bezerra de Siqueira
José Ricardo Bezerra Nogueira
author_sort Rozane Bezerra de Siqueira
collection DOAJ
description ABSTRACT The Covid-19 pandemic outbreak has led to an increasing interest in universal basic income (UBI) proposals, as it exposed the inadequacy of traditional welfare systems to provide basic financial security to a large share of the population. In this paper, we use a static tax-benefit microsimulation model to analyse the fiscal and distributional effects of the hypothetical implementation in Brazil of alternative UBI schemes that partially replace the existing tax-transfer system. The results indicate that introducing a UBI/Flat Tax system in the country could be both extremely effective in reducing poverty and inequality and economically viable.
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spelling doaj.art-6920ff22230048d5b37bfdbbbb4777ab2023-05-09T07:34:26ZengUniversidade Federal do Rio de JaneiroRevista de Economia Contemporânea1980-55272023-05-012710.1590/198055272701A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMESRozane Bezerra de Siqueirahttps://orcid.org/0000-0003-4731-574XJosé Ricardo Bezerra Nogueirahttps://orcid.org/0000-0001-7754-395XABSTRACT The Covid-19 pandemic outbreak has led to an increasing interest in universal basic income (UBI) proposals, as it exposed the inadequacy of traditional welfare systems to provide basic financial security to a large share of the population. In this paper, we use a static tax-benefit microsimulation model to analyse the fiscal and distributional effects of the hypothetical implementation in Brazil of alternative UBI schemes that partially replace the existing tax-transfer system. The results indicate that introducing a UBI/Flat Tax system in the country could be both extremely effective in reducing poverty and inequality and economically viable.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482023000100206&lng=en&tlng=enUniversal basic incomeinequalitypovertymicrosimulation
spellingShingle Rozane Bezerra de Siqueira
José Ricardo Bezerra Nogueira
A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES
Revista de Economia Contemporânea
Universal basic income
inequality
poverty
microsimulation
title A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES
title_full A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES
title_fullStr A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES
title_full_unstemmed A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES
title_short A UNIVERSAL BASIC INCOME FOR BRAZIL: FISCAL AND DISTRIBUTIONAL EFFECTS OF ALTERNATIVE SCHEMES
title_sort universal basic income for brazil fiscal and distributional effects of alternative schemes
topic Universal basic income
inequality
poverty
microsimulation
url http://www.scielo.br/scielo.php?script=sci_arttext&pid=S1415-98482023000100206&lng=en&tlng=en
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