Francesconi, Marco; van der Klaauw, Wilbert H; Rainer, … - Institute for the Study of Labor (IZA) - 2007
This paper examines the effects of the Working Families’ Tax Credit (WFTC) on couples in Britain. We develop a simple model of household decisions which explicitly accounts for the role played by the tax and benefit system. Its main implications are then tested using panel data from the...