Would Mexican Migrants be Willing to Guarantee Americans a Basic Income?
The paper simulates a double-sided competitive market in temporary work permits between the U.S. and Mexico. Eligible working-age Americans would have the option of renting out their implicit work permits while Mexican workers have remunerative new...
| Main Authors: | , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2021
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/591051624330477502/Would-Mexican-Migrants-be-Willing-to-Guarantee-Americans-a-Basic-Income http://hdl.handle.net/10986/35828 |
| Summary: | The paper simulates a double-sided
competitive market in temporary work permits between the
U.S. and Mexico. Eligible working-age Americans would have
the option of renting out their implicit work permits while
Mexican workers have remunerative new opportunities. With
plausible allowances for migration costs, the market can
support a self-financed and self-targeted basic income for
Americans and lower their poverty rate. With sufficiently
high tax rates on work permits, the scheme can be managed to
avoid a large increase in the count of total migrants
compared to now. The likely change in the skill composition
of migrants would raise U.S. GDP. |
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