Are unconditional lump-sum transfers a good idea?

DOI10.1016/J.ECONLET.2021.110088zbMATH Open1479.91118OpenAlexW3200274323MaRDI QIDQ823965FDOQ823965

Authors: N. E. Zubov 

Publication date: 14 December 2021

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2021.110088

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zbMATH Keywords

heterogeneous agentsincomplete marketsRamsey problemlump-sum transferspublic liquidityuniversal basic income

Mathematics Subject Classification ID

Welfare economics (91B15) Heterogeneous agent models (91B69)

Cites Work

• Liquidity and interest rates
• A note on optimal fiscal policy in an economy with private borrowing limits
• Optimal fiscal policy with redistribution
• Wealth and volatility

Cited In (2)

• Do private income transfers increase labor market risk?
• Rethinking the welfare state

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