The extent to which households can self-insure and the government can help them to do so depends on the wage risk that they face and their family structure. We study wage risk in the UK and show that the persistence and riskiness of wages depends on one's age and position in the wage...

1. Introduction: How Popular is Basic Income? -- 1.1. Basic income: From a disarmingly simple idea to a deceptively simple one -- 1.2. The popularity of basic income -- 2. Popular Support for the Ideal-typical Basic Income -- 2.1. Across the board -- 2.2. Individual differences -- 3. Popular...

The extent to which households can self-insure depends on family structure and wage risk. We calibrate a model of couples and singles’ savings and labor supply under two types of wage processes. The first wage process is the canonical—age independent, linear—one that is typically used to...