Integrating taxation and welfare, this book presents a framework for income policy design to balance equity, freedom, and efficiency. UBI from Idea to Reality outlines a policy combining three mechanisms: a prototype universal basic income (UBI), a negative income tax (NIT)-type basic income, and a universal earned income tax credit (EITC). The authors use survey and administrative data to evaluate the feasibility of this package and its effects on inequality and labor incentives. While tailored to South Korea, the methodology and theoretical framework are applicable to other national contexts.
Jong-sung You is Director of the Korea Inequality Research Lab at Yonsei University. Earning a Ph.D. in public policy from Harvard University, he taught at UC San Diego, Australian National University, and Gachon University.
Nam Hoon Kang is Professor Emeritus in the Department of Economics at Hanshin University and holds a Ph.D. in economics from Seoul National University. He serves as Vice-Chair of the Presidential Commission on Basic Society.
Seungju Lee is a professor in the Social Welfare Department at Daegu University,focusing on poverty alleviation and social inequality.