1 January 1999
In this article we argue that the life-cycle model that allows demographics to affect household preferences and relaxes the assumption of certainty equivalence can generate hump-shaped consumption profiles over age that are very similar to those observed in household-level data sources.
1 January 1999
1 January 1999
1 January 1999
1 January 1999
This Green Budget looks at the options available to the Chancellor in his March Budget.
1 January 1999
1 January 1999
This paper develops and estimates a human capital model of wage growth based on learning by doing.
1 January 1999
1 January 1999
In this paper we examine the panel data estimation of dynamic models for count data that include correlated fixed effects and predetermined variables.
1 January 1999
1 January 1999
This paper surveys the evidence on the effects of technical change on skills, wages and employment by examining the micro-econometric evidence.
1 January 1999
This paper make straightforward extensions to Anderson's (1996) nonparametric
1 January 1999
Recently the data underlying the Annual Census of Production has been made available to academic
1 January 1999
DPD98 for Gauss is a programme written in Gauss by Arellano and Bond to estimate dynamic panel data models using GMM.
1 December 1998
Traditional analysis of the taxation of income from capital has focused on the impact of
1 December 1998
This commentary looks at the impact of taxing child benefit under a number of scenarios. This involves analysis of the amount of revenue raised, the distributional impact of using this revenue to increase the rate of child benefit and the administrative issues encountered under particular tax treatments. In addition, the commentary examines the implications of taxing child benefit for the future direction of tax system reform.
1 December 1998
This commentary assesses the impact of capping on local service provision. In particular it addresses the following questions. What factors determine desired local spending? Did capping constrain spending by local councils? Which local services bore the brunt of any cuts? Did the quality of local services suffer as a result?
1 December 1998
This paper uses microeconomic data from the British Household Panel and General Household Surveys to describe how the distribution of pay differs between the public and private sectors in 1983 and in the early 1900s
1 November 1998
This paper considers the distributional effects of imposing additional excise duties on energy
1 November 1998