Basic Income, Wages, and Productivity: A Laboratory Experiment

IF 1 Q3 ECONOMICS
V. Jokipalo
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引用次数: 5

Abstract

Abstract This paper reports the results of an economic lab experiment designed to test the impact of Basic Income (BI) on wages and productivity. The experimental design is based on the classic gift exchange game. Participants assigned the role of employer were tasked with making wage offers, and those assigned as employees chose how hard they would work in return. In addition to a control without any social security net, BI was compared to unemployment benefits, and both types of cash transfers were tested at two levels. The results are that wage offers were increased in both the BI and unemployment benefit treatments compared to the control. The higher-level BI treatment also significantly increased effort. Further experimentation could shed more light on how the potential extra value created in the labor market through increased productivity would be divided between employers and employees.
基本收入、工资和生产率:一个实验室实验
摘要本文报告了一项旨在测试基本收入(BI)对工资和生产率影响的经济实验室实验的结果。实验设计是基于经典的礼物交换游戏。被分配为雇主角色的参与者负责提供工资,而被分配为雇员的参与者则选择他们工作的努力程度作为回报。除了没有任何社会保障网络的控制外,BI与失业救济金进行了比较,两种类型的现金转移都在两个层面上进行了测试。结果表明,与对照组相比,BI组和失业救济金组的工资水平都有所提高。更高级别的BI治疗也显著增加了工作量。进一步的实验可以让我们更清楚地了解,通过提高生产率在劳动力市场上创造的潜在额外价值,将如何在雇主和雇员之间进行分配。
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
CiteScore
2.40
自引率
18.20%
发文量
14
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.
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