59 lines
2.7 KiB
YAML
59 lines
2.7 KiB
YAML
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author: Cieplinski, A., D’Alessandro, S., Distefano, T., & Guarnieri, P.
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year: 2021
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title: "Coupling environmental transition and social prosperity: A scenario-analysis of the Italian case"
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publisher: Structural Change and Economic Dynamics
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uri: https://doi.org/10.1016/j.strueco.2021.03.007
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pubtype: article
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discipline: economics
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country: Italy
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period: 2010-2014
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maxlength:
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targeting: implicit
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group: workers
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data: ISTAT national accounts 2010,2014; EU-KLEMS LM data
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design: simulation
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method: dynamic macrosimulation model
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sample:
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unit: individual
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representativeness: national
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causal: 1 # 0 correlation / 1 causal
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theory:
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limitations: models assumption of workers accepting lower income and consumption levels for work time reduction
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observation:
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- intervention: regulation (working time reduction)
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institutional: 1
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structural: 1
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agency: 0
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inequality: income
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type: 0 # 0 vertical / 1 horizontal
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indicator: 1 # 0 absolute / 1 relative
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measures: Gini; employment rates
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findings: working time reduction policy significantly increases employment; significantly decreases income inequality
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channels: significantly decreases aggregate demand
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direction: -1 # -1 neg / 0 none / 1 pos
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significance: 1 # 0 nsg / 1 msg / 2 sg
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- intervention: ubi
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institutional: 1
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structural: 1
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agency: 0
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inequality: income
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type: 0 # 0 vertical / 1 horizontal
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indicator: 1 # 0 absolute / 1 relative
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measures: Gini
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findings: decreases income inequality; negative impact on environmental outcomes
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channels: sustains aggregate demand
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direction: -1 # -1 neg / 0 none / 1 pos
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significance: 2 # 0 nsg / 1 msg / 2 sg
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notes:
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annotation: |
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A simulation study on the income inequality effects of both a policy targeting a reduction in working time and the introduction of a universal basic income in Italy.
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It finds that while both decrease overall income inequality, measured through Gini coefficient, they do so through different channels.
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While provision of a universal basic income sustains aggregate demand, thereby spreading income in a more equitable manner,
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working time reductions significantly decrease aggregate demand through lower individual income but significantly increases labour force participation and thus employment.
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It also finds that through these channels of changing aggregate demand, the environmental outcomes are oppositional, with work time reduction decreasing and UBI increasing the overall ecological footprint.
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One limitation of the study is the modeling assumption that workers will have to accept both lower income and lower consumption levels under a policy of work time reduction through stable labour market entry for the results to hold.
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