This paper considers data quality issues for the analysis of consumption inequality exploiting two complementary datasets from the Consumer Expenditure Survey for the United States.
3 April 2003
In this paper we model the changing distribution of household spending in the UK over the period 1978 to 1999 and explore the interpretation of remaining time trends in spending once changes in other observed covariates have been accounted for.
2 April 2003
In this Briefing Note, we discuss whether or not the government's proposed reforms are likely to help individuals to make choices about how to provide for their retirement that are appropriate to their circumstances. We focus particularly on whether or not the proposals might prompt those individuals who are not thought to be providing sufficiently for their retirement to save more each year or to retire at an older age than might otherwise have been the case.
2 April 2003
We develop inference tools in a semiparametric partially linear regression model with missing response data.
1 April 2003
In the previous edition, we argued that governments might care about child poverty for reasons of equity and efficiency, and we introduced the concept of an equivalence scale as a way to help compare well-being across different sorts of households.
1 April 2003
This paper considers the nonparametric and semiparametric methods for estimating regression models with continuous endogenous regressors.
1 April 2003
In December 2001, the TLRC established a working party under the Chairmanship of Sir Alan Budd. The Working Party's terms of reference were Ӕo review the institutional processes for the Parliamentary scrutiny of tax proposals and for the enactment of tax legislation and to consider whether changes to those processes would promote simplification and improve the quality of tax legislation and, if so, what the nature of those institutional changes should be.Ԡ This Reports sets out the working party's conclusions.
1 April 2003
This commentary reviews the government's tax and benefit reforms affecting pensioners to date, and examines the evidence from the latest official low income figures on the government's record on pensioner poverty so far.
1 April 2003
This paper evaluates the effects of a mjor educational reform in Sweden.
1 April 2003
We suggest two nonparametric approaches, based on kernel methods and orthogonal series, respectively, to estimating regression functions in the presence of instrumental variables.
1 April 2003
The child tax credit and working tax credit were introduced in April 2003. When fully operational, the child tax credit will represent the majority of government financial support for children. It is designed to simplify the system of financial support for parents, and provides support that is means-tested against family income. The working tax credit is designed to make work more financially attractive. It means that people with or without children in work and on a low income may receive extra help from the State. This Briefing Note looks at the changes that have been made and asks why the new tax credits have been introduced, how they work, the cost and distributional impact, the impact on work incentives and what levels of take-up we might expect.
1 April 2003
Comparing household wealth distribution, wealth inequality, and wealth holdings in the United States and the United Kingdom.
30 March 2003
In this paper we show that the sharp RDD straightforwardly generalizes to the instances in which the eligibility for the program is established with respect to an observable pre-program measure with eligible individuals self-selecting into the treatment group according to an unknown process.
24 March 2003
20 March 2003
20 March 2003
20 March 2003
20 March 2003
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices.
16 March 2003
This paper provides new evidence on the substitutability between private and pension wealth by exploiting the Italian pension reform of 1992.
14 March 2003
13 March 2003