Research and analysis

Evaluating the labour market impact of Working Families' Tax Credit

An estimate of the labour market impact of Working Families바카라 사이트™ Tax Credits using a difference-in-differences methodology

• From: HM Revenue & Customs
• Published: 9 June 2005

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HM Revenue and Customs Working Paper 4: Evaluating the labour market impact of Working Families바카라 사이트™ Tax Credit using difference-in-differences

Working Families바카라 사이트™ Tax Credit (WFTC) replaced Family Credit in October 1999 as the main component of state support for low income working families with children. WFTC was central to the government바카라 사이트™s 바카라 사이트˜Making Work Pay바카라 사이트™ agenda, with the dual aims of improving incentives to work, and encouraging low-paid individuals to progress in the earnings distribution.

In this paper we attempt to estimate the labour market impact of Working Families바카라 사이트™ Tax Credits using a difference-in-differences methodology.

Published 9 June 2005