Case study: implementing a basic income

As part of the Nuffield Foundation-funded work, a Basic Income (BI) Case Study will provide some concrete illustrations of the ways in which tax-benefit microsimulation modelling can be used to understand the effects and implications of complex reforms.

The Case Study will illustrate how to turn the ‘concept’ into a practical scheme with emphasis on the full range of modelling choices to be made. How to make corresponding changes in UKMOD will be illustrated, as will the use of the EUROMOD software’s built-in analysis tools to estimate the effects of these changes. Thus, model users will be provided with the tools and detailed instructions needed to experiment and build their own version of a BI (or related scheme) and to evaluate its costs and benefits.

The Case Study will produce a user guide and a related workshop will be held in early 2021.

See also:

Basic Income – testing of a fascinating policy by Iva Tasseva.

Recent publications on Basic Income using the UK component of EUROMOD: