In this paper we examine the labour market impact of the proposed new earned income tax credit - Working Families Tax Credit - in the U.K. Family labour supply behaviour is modelled as a discrete choice among a finite set of hours alternatives. Our estimation strategy allows for a random...

A tax and benefit model is a computer program that calculates the effects of possible changes in the fiscal system on a sample of households. By using a sample which is representative of the population, such models allow users to make accurate inferences about the aggregate revenue implications...

A tax and benefit model is a computer program that calculates the effects of possible changes in the fiscal system on a sample of households. This paper aims to outline the uses to which these models have been put in the past and the areas where their use may be developed in the future. It also...