Evaluation of the Commission on Social Security's Plan: Cost, Funding, and Wider Impact

Hannah L. Randolph; Emma Congreve; Kevin Connolly; Ciara Crummey

Evaluation of the Commission on Social Security's Plan: Cost, Funding, and Wider Impact

Hannah L. Randolph, Emma Congreve, Kevin Connolly, Ciara Crummey

Economics

Research output: Book/Report › Commissioned report

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Abstract

This report presents an estimate of the effects of proposals for a Guaranteed Decent Income and increased Child Benefit made by the Commission on Social Security in The Plan for a Decent Social Security System. Throughout the report, a base scenario representing the current social security system is compared to a reform scenario representing the proposal set out in The Plan. The discussion also includes the results of computable general equilibrium (CGE) modelling of the effects of The Plan under scenarios where the programme is unfunded, funded by an income tax, and funded by two alternative wealth taxes.

Original language	English
Place of Publication	Glasgow
Publisher	University of Strathclyde
Commissioning body	Lloyds Bank Foundation for England & Wales
Number of pages	33
Publication status	Published - 27 Apr 2023

Keywords

social security
poverty
wealth tax
guaranteed decent income (GDI)

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

Access to Document

Randolph-etal-FAI-2023-Evaluation-of-the-commission-on-social-securitys-planFinal published version, 1.97 MBLicence: Strath_1

Cite this

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title = "Evaluation of the Commission on Social Security's Plan: Cost, Funding, and Wider Impact",

abstract = "This report presents an estimate of the effects of proposals for a Guaranteed Decent Income and increased Child Benefit made by the Commission on Social Security in The Plan for a Decent Social Security System. Throughout the report, a base scenario representing the current social security system is compared to a reform scenario representing the proposal set out in The Plan. The discussion also includes the results of computable general equilibrium (CGE) modelling of the effects of The Plan under scenarios where the programme is unfunded, funded by an income tax, and funded by two alternative wealth taxes.",

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author = "Randolph, {Hannah L.} and Emma Congreve and Kevin Connolly and Ciara Crummey",

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AU - Randolph, Hannah L.

AU - Congreve, Emma

AU - Connolly, Kevin

AU - Crummey, Ciara

N1 - Published by the Fraser of Allander Institute (FAI) based at the University of Strathclyde.

PY - 2023/4/27

Y1 - 2023/4/27

N2 - This report presents an estimate of the effects of proposals for a Guaranteed Decent Income and increased Child Benefit made by the Commission on Social Security in The Plan for a Decent Social Security System. Throughout the report, a base scenario representing the current social security system is compared to a reform scenario representing the proposal set out in The Plan. The discussion also includes the results of computable general equilibrium (CGE) modelling of the effects of The Plan under scenarios where the programme is unfunded, funded by an income tax, and funded by two alternative wealth taxes.

AB - This report presents an estimate of the effects of proposals for a Guaranteed Decent Income and increased Child Benefit made by the Commission on Social Security in The Plan for a Decent Social Security System. Throughout the report, a base scenario representing the current social security system is compared to a reform scenario representing the proposal set out in The Plan. The discussion also includes the results of computable general equilibrium (CGE) modelling of the effects of The Plan under scenarios where the programme is unfunded, funded by an income tax, and funded by two alternative wealth taxes.

KW - social security

KW - poverty

KW - wealth tax

KW - guaranteed decent income (GDI)

UR - https://fraserofallander.org/publications/evaluation-of-the-commission-on-social-securitys-plan/

M3 - Commissioned report

BT - Evaluation of the Commission on Social Security's Plan

PB - University of Strathclyde

CY - Glasgow

ER -

Evaluation of the Commission on Social Security's Plan: Cost, Funding, and Wider Impact

Abstract

Keywords

UN SDGs

Access to Document

Other files and links

Fingerprint

Modelling reforms to social security

Cite this

Evaluation of the Commission on Social Security's Plan: Cost, Funding, and Wider Impact

Abstract

Keywords

UN SDGs

Access to Document

Other files and links

Fingerprint

Activities

Modelling reforms to social security

Cite this