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Public sector investment was weaker during Labour's first term than in any other five-year period since the Second World War.
7 March 2003
This article was published in the Financial Times on 5th March 2003.
5 March 2003
This briefing note is provided as evidence to the Work and Pensions Select Committee as to whether childcare could be provided for all parents who need it to help them to work. It looks at the ways in which this could be achieved.
3 March 2003
This paper reviews how the impact of taxes on the incentive to invest in the corporate sector can be measured. The main focus of the paper is to discuss measures derived from economic theory.
2 March 2003
This Briefing Note provides a brief analysis of changes to income inequality since the Labour government came to power in 1997. The most recent data from 2001-02 show that there has been little change in income inequality since 2000-01. An implication of this is that there has been little impact upon the slight upward trend in inequality that has been experienced over Labour's term in office.
2 March 2003
This paper analyses the thrust of the UK Government's pension reforms in the context of the system they inherited.
1 March 2003
This paper examines the tax treatment of pensioners in 15 industrialised countries.
1 March 2003
Little is known about the wealth of older self-employed people, despite growing interest in this labour market group. This paper utilises the British Retirement Survey to fill the gap by providing novel estimates of their lifetime wealth.
1 March 2003
This paper argues that a common basis for government spending across the regions and territories of the UK will be more equitable and efficient, and may even depoliticise the financial framework of the UK.
1 March 2003
The aim of this paper is to evaluate the long-term impact on Spanish individual income tax (IRPF) compliance of the amnesty measures granted in 1991 within the framework of the 1988-91 income tax reform programme.
1 March 2003
We consider the impact of taxation when investors face a discrete choice between two or more mutually exclusive projects.
1 March 2003
This paper studies some empirical implications of models with limited risk sharing due to the imperfect enforceability of contracts.
1 March 2003
1 March 2003
This paper presents a single unified framework that integrates the theoretical literature on Schumpeterian endogenous growth and major strands of the empirical literature on R&D, productivity growth and productivity convergence.
1 March 2003
This paper explores the properties of alternative measures of the taxation of income from capital, by applying them to data for the UK over the last thirty years.
1 March 2003
An additional 100,000 children were lifted out of poverty on the most commonly cited of the government's relative poverty measures between 2000ְ1 and 2001ְ2. The most recent figures show 3.8 million children (roughly 30 per cent of all children) in Britain in households with income below 60 per cent of the median income after housing costs. Although this means that almost one in three children in Britain live in poverty on this definition, this is the lowest level recorded since 1991. Since the Labour government came to power, the total drop in the numbers in child poverty has been around 500,000.
1 March 2003
20 February 2003
In this paper we build a general equilibrium OLG model of labor earnings and
14 February 2003
1 February 2003