Are unconditional lump-sum transfers a good idea?

DOI10.1016/J.ECONLET.2021.110088MaRDI QIDQ823965zbMATH OpenOpenAlexFDO

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

zbMATH Keywords

heterogeneous agentsincomplete marketsRamsey problemlump-sum transferspublic liquidityuniversal basic income

Mathematics Subject Classification ID

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

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Cites work

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

Cited in

(2)

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

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