Simulating 10,000 agents…
🦦 UBI Simulator Based on Dr. Jay L. Zagorsky / BU Methodology

Could Universal Basic Income
actually work?

An agent-based economic simulation β€” 10,000 simulated citizens, 30 years

πŸ› Think Tank Grade πŸ“Š Agent-Based Model πŸ“ˆ Real Policy Metrics πŸŽ“ Educational
UBI Amount (per year)
$12,000/yr
$0$30,000
Phase-Out Starts At
$25,000income
$0$80,000
Phase-Out ends at
$73,000income
$20k$150k
Labor Elasticity
Medium
LowHigh
Simulation Years
30years
550
Income Gini
β€”
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Poverty Rate
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Employment Rate
β€”
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Fiscal Status
β€”
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Bottom 50% Share
β€”
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Top 1% Share
β€”
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Median Income
β€”
β€”
UBI Cost (% GDP)
β€”
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πŸ“‰ Income Inequality (Gini Index)
Gini 0 = perfect equality, 1 = maximum inequality. US today β‰ˆ 0.39–0.41
πŸ‘₯ Poverty Rate & Employment
Poverty line: $15,000/yr. US official poverty rate β‰ˆ 11.5%
πŸ’° Fiscal: UBI Cost vs Tax Revenue
If tax revenue β‰₯ UBI cost, the program is fiscally sustainable
πŸ“Š Income Shares: Top 1% vs Bottom 50%
Bottom 50% of US earners hold β‰ˆ 13% of all income. Top 1% hold β‰ˆ 20%
πŸ› Income Quintile Distribution (Final Year)
Q1 (Bottom 20%) Q2 Q3 (Middle) Q4 Q5 (Top 20%)
Each quintile holds 20% of the population. In an equal society, each would hold exactly 20% of total income.