Monti, Paola; Pellizzari, Michele - In: Giornale degli Economisti 69 (2010) 1, pp. 67-100
In this paper we analyse a hypothetical welfare reform that would introduce a Guaranteed Minimum Income (GMI) in Italy, the only country of the pre-enlargement EU-15 where a programme of this type does not exist. First we compute the overall cost of a GMI under different assumptions about its...