Francesconi, Marco; Rainer, Helmut; Klaauw, Wilbert van der - Centre for Research into Industry, Enterprise, Finance … - 2007
This paper examines the effects of theWorking Families’ Tax Credit (WFTC) on couples in Britain. We develop a simple model of household decisions which explicitly accounts for the role played by the tax and benefit system. Its main implications are then tested using panel data from the British...