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Licensed Unlicensed Requires Authentication Published by De Gruyter December 11, 2012

Keep On Working: Unconditional Basic Income in the Lab

Stefan Haigner, Wolfgang Höchtl, Friedrich Georg Schneider, Florian Wakolbinger and Stefan Jenewein
From the journal Basic Income Studies

Abstract

Our real-effort laboratory experiment compares an unconditional basic income (UBI) scheme with conventional systems with and without redistribution, respectively. Participants chose between three options: working for themselves, working for the group, or enjoying leisure. Neither the choice of options nor that of work efforts is sensitive to the transfer scheme even though UBI constitutes a natural reference point for participants’ earnings in our experiment. However, UBI significantly reduced income dispersion at only a small cost in terms of forgone production and budget deficit.

Published Online: 2012-12-11

© 2012 by Walter de Gruyter GmbH & Co.