Description:

The Women’s Budget Group and the Centre for Microsimulation and Policy Analysis at the University of Essex are organising an event on Wednesday 28th April on Basic Income & UKMOD – Modelling Trade-Offs.

The COVID-19 pandemic has spurred renewed interest in the possibilities of Universal Basic Income (UBI) to address the key problems of income insecurity, poverty and income inequality. UBI is claimed to provide income security and financial autonomy to individuals through a fixed, unconditional and individual regular stipend. By offering everyone a guaranteed income, a BI scheme would work to reduce poverty and income inequality.

Several Basic Income schemes have been modelled and analysed for the UK using different tax and benefit microsimulation programmes. In the opening panel session of the event, we are going to hear from researchers who have modelled different UBI schemes for the UK and the trade-offs they encountered.

Participants will then attend an advanced workshop on how to model UBI in UKMOD, the open-source tax-benefit microsimulation model for the UK developed and maintained by CeMPA and funded by the Nuffield Foundation. Prior attendance of a UKMOD training course is required to attend the training workshop. There is a maximum of 20 spaces, these will be provided on a first come, first served basis.

You can register for ‘UKMOD training course’ here