Francesconi, Marco and Rainer, Helmut and Van Der Klaauw, Wilbert (2009) The Effects of In‐Work Benefit Reform in Britain on Couples: Theory and Evidence. The Economic Journal, 119 (535). F66-F100. DOI https://doi.org/10.1111/j.1468-0297.2008.02225.x
Francesconi, Marco and Rainer, Helmut and Van Der Klaauw, Wilbert (2009) The Effects of In‐Work Benefit Reform in Britain on Couples: Theory and Evidence. The Economic Journal, 119 (535). F66-F100. DOI https://doi.org/10.1111/j.1468-0297.2008.02225.x
Francesconi, Marco and Rainer, Helmut and Van Der Klaauw, Wilbert (2009) The Effects of In‐Work Benefit Reform in Britain on Couples: Theory and Evidence. The Economic Journal, 119 (535). F66-F100. DOI https://doi.org/10.1111/j.1468-0297.2008.02225.x
Abstract
This article develops a simple model of household decisions that explicitly accounts for the role played by the Working Families'Tax Credit (WFTC) to examine its effects on couples in Britain. The main implications of the model are tested using panel data from the British Household Panel Survey collected between 1991 and 2002. Overall, the financial incentives of the reform had small and statistically insignificant effects on a wide range of married mothers'decisions. Women's responses, however, were highly heterogeneous, depending on their partners'labour supply and earnings. © Journal compilation © 2009 by the Royal Economic Society (Registered Charity No. 231508).
Item Type: | Article |
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Uncontrolled Keywords: | C23; H31; I38; J12; J13; J22; tax credit; household labour supply; intrahousehold bargaining; divorce |
Subjects: | H Social Sciences > HB Economic Theory |
Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
Depositing User: | Unnamed user with email elements@essex.ac.uk |
Date Deposited: | 27 Jun 2012 10:31 |
Last Modified: | 30 Oct 2024 19:41 |
URI: | http://repository.essex.ac.uk/id/eprint/2549 |