000 01107pab a2200169 454500
008 180718b2004 xxu||||| |||| 00| 0 eng d
100 _aLinden, Bruno Van der
245 _aActive citizen's income, unconditional income and participation under imperfect competition: a welfare analysis
260 _c2004
300 _ap.98-117.
362 _aJan
520 _aVarious types of basic income schemes are considered to compensate the allocative inefficiencies induced by unemployment benefits. A dynamic general equilibrium model of a unionised economy is developed in which participation to the formal labour market is endogenous and the budget of the State has to balance. It is shown that basic income schemes reduce the equilibrium unemployment rate. Assuming that job-search is costly to monitor, the normative analysis suggests that only the active population should be eligible to the basic income. Introducing such an `active citizen's income' can be a Pareto-improving reform. - Reproduced.
650 _aIncome
650 _aLabour market
773 _aOxford Economic Papers
909 _a59219
999 _c59219
_d59219