Impact of Universal Basic Income on Employment According to Russian Experts

Author:

Bobkov V.N.ORCID, ,Odintsova E.V.ORCID,Chernykh E.A., , , , ,

Abstract

The issue of universal basic income (UBI) has been gaining importance due to the growth of precarious employment, unemployment and inequality in the context of the development of digital technologies, especially considering the COVID-19 pandemic and its consequences. The article first presents the generalised and systemised reasoned opinions of Russian experts on UBI in order to examine its potential impact on employment. The initial research data resulted from a survey of different groups of Russian experts conducted by the authors. This information was supplemented by the results of various mass surveys. It was revealed that a significant part of Russian experts have concerns that UBI can negatively affect work incentives and labour supply. The systematisation of expert assessments allowed the research to create scenarios of the potential impact of UBI on population employment and work incentives, formal and informal employment, the ratio between paid and unpaid work, working and free time, the quality of leisure time. The study findings can be used as information and analytical support for the state policies aimed at improving the level and quality of life of the population, as well as making decisions on the appropriateness of UBI tools (including in Russia). Future research will examine in detail the impact of universal basic income on the labour market parameters, taking into account socio-demographic factors.

Publisher

Institute of Economics of the Ural Branch of the RAS

Subject

General Economics, Econometrics and Finance,General Business, Management and Accounting,General Social Sciences,General Environmental Science

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