Family Credit and ist successor the WFTC, have been central to the British welfare reform debate in reacent years. This debate in informed by tax benefit modelling, yet accurate modelling of Family Credit is fraught with potential problems. The main model input data are found to under-sample...

This paper addresses the intergeneration transmission of education and investigates the extent to which early school leaving (at age 16) may be due to variations in permanent income, parental education levels, and shocks to income at this age. Least squares estimation reveals conventional...