The labour market impact of the working families' tax credit (original) (raw)

Richard Blundell

2000

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29 pages

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1 file

Abstract In October 1999, the working families' tax credit (WFTC) replaced family credit as the main package of in-work support for families with children. Among a range of stated aims, the WFTC is intended to '��� improve work incentives, encouraging people without work to move into employment'. In this paper, we consider the impact of WFTC on hours and participation.