Are Temporary or Permanent Income Payments Better Placed to Boost Demand during Covid-19?

IF 1 Q3 ECONOMICS

Basic Income Studies Pub Date : 2021-10-20 DOI:10.1515/bis-2020-0022

R. Prabhakar

引用次数: 0

Abstract

Abstract Covid-19 has sparked calls for a universal basic income as a way of coping with a demand shock caused by the pandemic. Temporary income payments have been part of the emergency response to the pandemic. This paper questions the effectiveness of temporary payments as a way to raise demand. Some observers claim that vouchers are better targeted at sectors hit hard by Covid-19 as people may have a tendency to save than spend from temporary payments. There may be a stronger case for permanent rather than temporary payments if the aim is to boost demand in the economy.

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Covid-19期间，临时或永久性收入支付更有利于提振需求吗?

Covid-19引发了人们对全民基本收入的呼吁，以此作为应对疫情造成的需求冲击的一种方式。临时收入支付是应对大流行病应急措施的一部分。本文对临时支付作为提高需求方式的有效性提出了质疑。一些观察人士称，代金券更适合受新冠疫情影响严重的行业，因为人们可能倾向于储蓄，而不是用临时付款来消费。如果目的是刺激经济需求，那么永久性支付而非临时性支付的理由可能更充分。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Basic Income Studies ECONOMICS-

CiteScore

2.40

自引率

18.20%

发文量

期刊介绍： Basic income is a universal income grant available to every citizen without means test or work requirement. Academic discussion of basic income and related policies has been growing in the fields of economics, philosophy, political science, sociology, and public policy over the last few decades — with dozens of journal articles published each year, and basic income constituting the subject of more than 30 books in the last 10 years. In addition, the political discussion of basic income has been expanding through social organizations, NGOs and other advocacy groups. Internationally, recent years have witnessed the endorsement of basic income by grassroots movements as well as government officials in developing countries such as Brazil or South-Africa. As the community of people working on this issue has been expanding all over the world, incorporating grassroots activists, high profile academics — including several Nobel Prize winners in economics — and policymakers, the amount of high quality research on this topic has increased considerably. In the light of such extensive scholarship on this topic, the need to coordinate research efforts through a journal specifically devoted to basic income and cognate policies became pressing. Basic Income Studies (BIS) is the first academic journal to focus specifically on basic income and cognate policies.