A Universal Basic Income For Brazil: Fiscal and Distributional Effects of Alternative Schemes
General Economics
2024-04-12 v2 Economics
Abstract
The outbreak of the Covid-19 pandemic 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 which partially replace the existing tax-transfer system. The results indicate that the introduction of a UBI/Flat Tax system in the country could be both extremely effective in reducing poverty and inequality and economically viable.
Keywords
Cite
@article{arxiv.2103.06020,
title = {A Universal Basic Income For Brazil: Fiscal and Distributional Effects of Alternative Schemes},
author = {Rozane Bezerra de Siqueira and Jose Ricardo Bezerra Nogueira},
journal= {arXiv preprint arXiv:2103.06020},
year = {2024}
}