This paper invelves an examination of the labour supply effects of a stylised version of a 'Basic Income Flat Tax' (BI/FT) compared with a Means Tested Graduated Tax System (MT/GT). A highly simplified simulation model id developed in which individuals are homogeneous except for the wage they...

In October 1998, I was one of five economists who wrote a letter to the Prime Minister, suggesting a suite of policies that could help to substantially reduce the unemployment rate to around 5 per cent. The other four were John Freebairn, Ross Garnaut, Michael Keating and Chris Richardson. This...