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This briefing note summarises a project that took a life-cycle perspective to understand how taxes and benefits affect incentives to work and earn more, and the way in which they redistribute income. It analysed the simulated lifetimes of women (and their families) whose characteristics are taken from survey data and whose behaviour is derived from a model of individual decision-making that broadly replicates what is actually observed amongst real individuals in the UK.
Authors
Mike Brewer
Research Fellow Financial Conduct Authority
Jonathan is a Research Fellow at the IFS and a Technical Specialist in the Economics Department at the Financial Conduct Authority.
Deputy Research Director
Monica is a Deputy Research Director and Professor of Economics at the University of Bristol, with an interest in Labour, Family and Public Economics.
Report details
- DOI
- 10.1920/bn.ifs.2012.00132
- Publisher
- IFS
Suggested citation
M, Brewer and M, Costa Dias and J, Shaw. (2012). A dynamic perspective on how the UK personal tax and benefit system affects work incentives and redistributes income. London: IFS. Available at: https://ifs.org.uk/publications/dynamic-perspective-how-uk-personal-tax-and-benefit-system-affects-work-incentives-and (accessed: 26 April 2024).
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