Policy-making and the income and substitution effects

Claire Crawford

Published on 1 February 2006

This article looks and income and substitution effects and demand for nursery education.

<p>So, here's the situation: you're down to your last £10. And you just can't decide how to spend it. There's that CD you've wanted for ages, so you could get that. But then again, all your mates are going to the cinema on Friday night, and that would cover your ticket AND some popcorn on the side. So what do you do?</p>

Authors

Claire Crawford

Claire Crawford

Research Fellow University College London

Claire is a Research Fellow at IFS, working on the determinants and consequences of participation in childcare and education for parents and children.