This paper examines the family incomecollege enrolment relationship and the evidence on credit constraints in postsecondary schooling.
1 October 2002
This briefing note assembles the existing microeconomic evidence and sets out economic arguments relating to the current debate on the ageing population, the timing of retirement, and the adequacy of financial provision for retirement in the UK.
1 October 2002
We develop a method for estimation of price reactions using unit value data which exploits the implicit links between quantity and unit value choices.
1 October 2002
In August 2002, the government issued a consultation document on further reform to the corporation tax system. Although the consultation addresses three topics capital assets, the schedular system and the distinction between trading and investment companies the major issues revolve around the treatment of assets and losses. This response focuses on these larger issues. It aims to explain the main proposals contained in the consultation, to provide some empirical evidence on the scale of possible changes and to make some comments on the wider policy issues that these proposals raise. At this stage of the consultation process, we retain an open mind on the merits of any final reform package, not least because there is a wide range of alternative packages.
1 October 2002
29 September 2002
This study examines the economic costs and benefits to the UK of a 50 per cent cut in UK defence exports from the average level of 1998 and 1999.
23 September 2002
This paper examines the cost-effectiveness of the new Home Energy Efficiency Scheme (HEES), a key component of the UK government's Fuel Poverty Strategy.
1 September 2002
This paper discusses the experience of Croatia in applying, from 1994 to the beginning of 2001, a profit tax that was charged only on equity income in excess of an imputed normal return.
1 September 2002
In this paper, we assess to what extent the reform has fulfilled its purposes, making use of a micro-simulation tax- benefit model for Spain, ESPASIM.
1 September 2002
We examine two different policy regimes towards continuing vocational training for the adult workforce: policy in France has been interventionist, using an employer training levy since the 1970s, whereas British policy has relied largely on individual initiatives for training investment by employers and workers.
1 September 2002
This papers traces trends in public spending since the 1970s.
1 September 2002
Between 1970 and 1986, all Canadian provinces introduced some version of a prescription drug subsidy for those aged 65 years or over and since 1986, all the provinces have increased copayments or deductibles to some degree.
1 September 2002
The Government has proposed the Saving Gateway to encourage higher rates of saving and asset ownership among lower-income households. Matthew Wakefield examines the proposal.
1 September 2002
This paper examines the impact of fiscal incentives on the level of R&D investment.
25 August 2002
This paper uses panel data on household consumption and income to evaluate the degree of insurance to income shocks.
17 August 2002
Four alternative but related approaches to empirical evaluation of policy interventions are studied: social experiments, natural experiments, matching methods, and instrumental variables.
16 August 2002
new methodology that estimates attitudes semiparametrically and estimates actions nonparametrically, as a function of the resulting attitudinal measures, is used to examine the behavioral effects of cultural and economic preferences in the Presidential elections of 1984 and 1992.
15 August 2002
This paper studies the identification of partial differences of nonseparable structural functions.
10 August 2002
I provide an overview of inverse probability weighted (IPW) M-estimators for cross section and two-period panel data applications
1 August 2002
1 August 2002