We propose a procedure for estimating the critical values of the extended Kolmogorov-
31 December 2002
In this paper we explore a new approach to estimation for autoregressive panel data models, based on projecting the unobserved individual effects on the vector of observations on the lagged dependent variable.
26 December 2002
19 December 2002
When Chancellor Gordon Brown delivered his pre-budget report on November 27th, no one doubted that he would reduce his forecasts for economic growth and raise his estimates of government borrowing.
6 December 2002
This paper argues that there is no case for easing the regulatory stance in the industry on grounds that the winners paid too much.
1 December 2002
This paper uses a social cost-benefit analysis (SCBA) framework to assess whether rail privatisation in Britain has produced savings in operating costs.
1 December 2002
This symposium arises from a one-day conference held at the Institute for Fiscal Studies on 22 May 2002.
1 December 2002
In 1997, the Labour Party was elected in the UK with few explicitly articulated ideas about social security reforms. This paper reviews the large number of subsequent reforms to social security, and argues that some consistent themes have emerged.
1 December 2002
This paper examines New Labour's social security and related policies since 1997 in the light of evidence on public attitudes.
1 December 2002
This paper examines some current reforms to social security benefits / tax credits and changes to employment provisions from a gender perspective.
1 December 2002
In this paper we explore a new approach to estimation for autoregressive panel data models, based on projecting the unobserved individual effects on the vector of observations on the lagged dependent variable.
1 December 2002
This paper investigates whether there is a convergence in Total Factor Productivity towards the technological frontier at the establishment level.
1 December 2002
This paper reviews the record of randomized field trials in welfare reform and assesses the implications of that record for the use of randomization.
1 December 2002
Income inequality continued to rise under the first two years of Labour, and on the latest figures remains higher than before the present Government came to power. This briefing note sets out some basic facts about the distribution of income in Great Britain, and explains the reasons behind some of the main trends. Areas covered include the important changes which have occurred in the labour market, demographics and taxes and benefits.
1 December 2002
This article was published in The Financial Times on 28th November 2002.
28 November 2002
20 November 2002
15 November 2002
15 November 2002
This paper explores the identifiability of ratios of derivatives of the index function in a model of a duration process in which the impact of covariates on the hazard function passes through a single index.
13 November 2002
Using a sample of individuals from the UK Retirement Survey, the paper models the probability of retirement in terms of the incentives underlying the individual's pension plan as well as other socio-economic factors.
9 November 2002