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Twenty-five years ago, in a small closed-down shop inHighbury, the idea of helping some people into workthrough their own bootstraps was tried out in some ofLondon’s poorest communities. It relied on the motivationand basic willingness to learn of people out of work and inneed. The missing...
Persistent link: https://www.econbiz.de/10008845702
This paper examines the impact of the Working Families Tax Credit (WFTC) on employment retention and advancement. The WFTC, which replaced Family Credit in October 1999, supplemented earnings of low paid workers living in low income families. It was designed to increase the financial incentive...
Persistent link: https://www.econbiz.de/10009305131
In April 2002 Jobcentre Plus started to operate in the UK bringing together theservice of the Benefits Agency and the Employment Service. Offering a fullyintegrated benefit claiming and work placement/job-seeking service for peopleof working age this new organisation aims to strengthen the link...
Persistent link: https://www.econbiz.de/10009354022
We analyze a simple and tractable model of occupational choice in the presence of credit marketimperfections. We examine the effect of parameters governing technology and transaction costs, andhistory, in terms of the initial wealth distribution, in determining the long-term wealth...
Persistent link: https://www.econbiz.de/10008911474
We study market inefficiencies and policy remedies when agents choose their occupations, and entrepreneurialtalent is subject to private information. Untalented entrepreneurs depress the returns to entrepreneurshipbecause of adverse selection. The severity of this problem depends on the outside...
Persistent link: https://www.econbiz.de/10008860726
The government’s pensions Green Paper – A new contract for welfare:partnership in pensions – proposes fundamental changes to the UK’sretirement income system. Members of CASE and of the Department ofSocial Policy at LSE have looked at the likely implications of the reformsfor pensioner...
Persistent link: https://www.econbiz.de/10005871069
The Lisbon summit of the European Council in March 2000 declared the number ofpeople living in poverty and social exclusion in the European Union to beunacceptable, and called for steps to tackle the issue, beginning with the setting oftargets for particular indicators. The targets suggested...
Persistent link: https://www.econbiz.de/10008695285
The Personal Responsibility and Work Opportunity Reconciliation Act(PRWORA) of 1996 represents a dramatic change in the US welfare state.One of its key goals was to move lone mothers, even those with youngchildren, from welfare to work. Early evidence suggests that, in concertwith a strong...
Persistent link: https://www.econbiz.de/10008695294
Economic evaluation has an important role in helping to make decisionsabout the use of scarce resources in an explicit and rational manner, yeteconomic evaluation is not well-developed in many areas of socialwelfare. This paper looks at the reasons for this, focusing on whateconomists could do...
Persistent link: https://www.econbiz.de/10008695297
This paper takes as its starting point Henry Neuburger’s injunction that taxationmust be seen as a contribution to the maintenance of the welfare state, not as adead-weight burden. It sets recent developments in the UK tax ratio in thecontext of changes in public spending, particularly on...
Persistent link: https://www.econbiz.de/10008733207