This paper is motivated by the lack of any obvious relationship betweenaggregate poverty and unemployment in Great Britain. We derive aframework based on individuals’ risks of unemployment and poverty,and how these vary over the economic cycle. Analysing the BritishHousehold Panel Survey for...

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...

This paper is an attempt to assess the extent to which the behaviour of anindividual is the result of the constraints that he or she faces – factorsbeyond individual control - or the result of the exercise of his or herpreferences. The study concentrates on participation or non-participationin...

The transition from a command economy in the FSU resulted in increasedactivities in the informal sector. However despite prevalent delays in wagepayments many workers were still observed to be working full-time in theformal sector. Here a model of workers' labour supply decisions...

We examine whether unemployment early in an individual’scareer influences her later employment prospects. We use six yearsof the LFS to create pseudo-cohorts and exploit cross-cohortvariation in unemployment at school-leaving age to identify this.We find heterogeneous responses: for the...