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Social Protection in a Matching Model: The Case of Basic Income
Université du Québec en Outaouais, Cirano, Canada
Université du Havre, Le Havre, France
- 1 Université du Québec en Outaouais, Cirano, Canada
- 2 Université du Havre, Le Havre, France
Theoretical Economics Letters·Volume 02 (2012)·Pages 26–30·Published 23 February 2012·DOI10.4236/tel.2012.21005
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Abstract
Faced with increasing poverty and the relative inefficiency of their redistribution systems, many countries are turning to new instruments of social policy. Many economists found there an opportunity to present the mechanism of basic income as the new way forward by the modern social protection. We show that, in a matching model with differentiation agents, the introduction of the basic income has no effect on the balance of the labor market.
KeywordsBasic IncomeMatchingSocial Protection
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