Using data from the British Household Panel Survey, this study examines the relationship between several outcomes in early adulthood (e.g., education, inactivity, earnings, and health) and being born to a teenage mother. Besides standard cross-sectional multivariate regression estimates, we also...

This paper examines the effects of the Working 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...