idw – Informationsdienst Wissenschaft
Nachrichten, Termine, Experten
Nachrichten, Termine, Experten
The RFBerlin Applied Economics Seminar series brings leading researchers to Berlin to share their latest work.
Minki Kim from Mannheim evaluates the effects of a large-scale randomized negative income tax experiment in Seoul, South Korea. Monthly cash transfers to low-income households over a two-year period significantly increased total household income and expenditures on essential goods and services, including food and healthcare. However, the program lowered employment rates among recipients relative to the control group. Mental health initially improved following transfer receipt, but these gains attenuated over time. We calibrate a quantitative general equilibrium life-cycle model and compare alternative program designs through policy simulations. Our model predicts that a nationwide scale-up of the experiment would reduce income and consumption inequality but lower aggregate output, driven by income effects on labor supply and reduced precautionary savings.
Information on participating / attending:
Date:
12/02/2025 14:00 - 12/02/2025 15:15
Event venue:
Rockwool Foundation Berlin
Gormannstrasse 22
10119 Berlin
Berlin
Germany
Target group:
Scientists and scholars, all interested persons
Email address:
Relevance:
international
Subject areas:
Economics / business administration
Types of events:
Seminar / workshop / discussion
Entry:
11/25/2025
Sender/author:
Harald Schultz
Department:
Kommunikation
Event is free:
yes
Language of the text:
English
URL of this event: http://idw-online.de/en/event80563
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