Would you stop working if you had a basic income? Would it help - TopicsExpress

Would you stop working if you had a basic income? Would it help you to find a job? This interesting paper concludes that even in the neoclassical labor supply model without intrinsic work motivation, the basic income increases the participation rate in the labor market. Furthermore, current employees are partially incited to increase their labor supply. Therefore, a basic income would not only reduce unemployment but could also expand the magnitude of employment.

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