Cappellari, Lorenzo; Jenkins, Stephen P. - Institute for the Study of Labor (IZA) - 2008
38, C33, C35
Keywords: social assistance, welfare benefits, dynamic random effects probit,
income dynamics … the substantial extension of tax credits by the Labour government since 1998 is
that tax credits are not ‘welfare … benefits’ – they are a key plank in Labour’s ‘welfare to work’
programme (note the wording). Reflecting this, tax credits are …