Recent studies have examined tax policy issues using labour supply models characterised by a discretised budget set. Microsimulation modelling using a discrete hours approach is probabilistic. This makes analysis of the distribution of income difficult as even for a small sample with a modest...

Wealth inequality : lifetime and cross-sectional views / Simon Kelly -- Do poor children become poor adults? Lessons from a cross-country comparison of generational earnings mobility / Miles Corak -- Family size and child achievement / Nathan D. Grawe -- Parental income and the choice of...

This comprehensive and lucid book is concerned with the analysis of tax design and the problems involved in choosing a tax and transfer structure. John Creedy discusses central problems which are illustrated using relatively simple models. He argues that economists can make a valuable...