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Significant change was made to both tax and benefits systems during the period 1997--2001. The impact of the changes which directly affect households is highly progressive, reflecting a significant increase in means-tested benefit levels. But the underlying distribution of income has moved such...
Persistent link: https://www.econbiz.de/10005559550
We document the evolution of average incomes, poverty and inequality over the period of Labour government from 1997 to 2010, comparing these trends with those seen over other periods in recent history. We also relate these changes to Labour’s stated distributional objectives, which we argue...
Persistent link: https://www.econbiz.de/10010683136