The goals of income transfer systems in the US and the UK for low-income families are to reduce poverty and welfare … Income Tax Credit (EITC) and Working Families' Tax Credit (WFTC) respectively. But although similar in aims, there are … low-income families in the UK and US may respond very differently to apparently similar financial incentives. …

Current Population Survey, the Panel Study of Income Dynamics, the Consumer Expenditure Survey, and the Survey of Consumer … earnings, to disposable income, and, ultimately, to consumption and wealth. We document a continuous and sizable increase in … before 1982, but mitigate its increase thereafter. Taxes and transfers compress the level of income inequality, especially at …

government expenditures (including Social Security and income assistance). Together, the reduction in smoking and the rise in …

health spending (insurance 29% and technology 24%) while income less than 10%. By simultaneously occurring over this period … 59% of the rise in life expectancy at age 50 over this period while insurance and income explain less than 10%. -- Demand …

with ten to forty years of observations from the Panel Survey of Income Dynamics. We find that neither is strongly …

as absolute income of their husbands. We find, after controlling for husbands absolute income and other individual … characteristics, that married women are more likely to be in labor force when their husbands relative income is low. Results are … robust across various settings and measures of relative income and the size of the effect is economically meaningful. We also …

-employed. Utilizing longitudinal data from the 1996, 2001 and 2004 Survey of Income and Program Participation panels, this paper analyzes …