[…] lies in its high level of disaggregation and the close connection between microeconomic and macroeconomic mechanisms which makes it a very suitable model to analyse the redistributive impact of policies. EDGE-M3 features eighty generations and seven earnings-ability types of individuals. To facilitate a realistic dynamic population structure EDGE-M3 includes Eurostat’s demographic projections. In terms […]

[…] paper we use data from the 1989 U.K. Lone Parent Survey to provide new evidence about the determinants of U.K. lone mothers’ employment rates, and about the impact of child care costs in particular. We find significant disincentive effects for child care costs, plus some novel findings about knowledge of the benefit system, and […]

The analysis contributes to the economic theory of household formation decisions, deriving predictions about the impact of the price of housing, young adults’ income and parental income on the probability that a young adult lives away from hisher parents. It uses longitudinal data on a cohort of Britons born in 1958 (surveyed in the […]

[…] different categories of workers, especially married women in two earner households. We will discuss the tax system and the social security system, because both have an important impact on the shape of the budget constraint of workers. Second earners are treated very differently by the various tax systems, as this paper will demonstrate. It […]

This paper uses the data from the National Child Development Study (NCDS) to examine the impact of vocational education and training received over the period 1981 to 1991 on the wages growth of young men in employment in both 1981 and 1991. Issues of sample selectivity and of training endogeneity are also addressed. In […]