Basic Income, Policy and Welfare State

22 Pages Posted: 26 May 2006

See all articles by Felice Russo

Felice Russo

Universita di Lecce - Departmento of Scienze Economiche e Matematico-Statistiche

Date Written: April 2006

Abstract

This paper offers some possible definitions, purposes and motivations for a system of income support defined by the presence of a Basic Income. In particular, it discusses the motivations assigning to this income transfer programme an important röle for Welfare State reform. After a survey of the main proposals in the literature, where there is room to highlight the different rationales, objectives, and qualifications of the Basic Income, some relevant connections between two alternative framework of policy and two alternative Welfare State - Basic Income regimes are presented and described. Finally, it proposes a first definition of one of them, that is, the regime described by a pure and universal Basic Income vis-a-vis to a policy strategy characterised also by the presence of fundamental uncertainty (i.e., not conform to the usual notion of risk).

JEL Classification: A13, E10, E64, H30

Suggested Citation

Russo, Felice, Basic Income, Policy and Welfare State (April 2006). University of Lecce Economics Working Paper No. 83/40, Available at SSRN: https://ssrn.com/abstract=897663 or http://dx.doi.org/10.2139/ssrn.897663

Felice Russo (Contact Author)

Universita di Lecce - Departmento of Scienze Economiche e Matematico-Statistiche ( email )

Lecce 73100
Italy

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