Female Labour Supply, Human Capital and Welfare Reform

Richard Blundell (), Monica Costa Dias, Costas Meghir and Jonathan Shaw

No 19007, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: We estimate a dynamic model of employment, human capital accumulation - including education, and savings for women in the UK, exploiting tax and benefit reforms, and use it to analyze the effects of welfare policy. We find substantial elasticities for labor supply and particularly for lone mothers. Returns to experience, which are important in determining the longer-term effects of policy, increase with education, but experience mainly accumulates when in full-time employment. Tax credits are welfare improving in the UK and increase lone-mother labor supply, but the employment effects do not extend beyond the period of eligibility. Marginal increases in tax credits improve welfare more than equally costly increases in income support or tax cuts.

JEL-codes: H2 H3 I21 J22 J24 J31 (search for similar items in EconPapers)
Date: 2013-05
New Economics Papers: this item is included in nep-dem, nep-dge, nep-edu, nep-hrm, nep-lab, nep-lma and nep-pbe
Note: ED LS PE
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (59)

Published as Richard Blundell & Monica Costa Dias & Costas Meghir & Jonathan Shaw, 2016. "Female Labor Supply, Human Capital, and Welfare Reform," Econometrica, Econometric Society, vol. 84, pages 1705-1753, 09.

Downloads: (external link)
http://www.nber.org/papers/w19007.pdf (application/pdf)

Related works:
Journal Article: Female Labor Supply, Human Capital, and Welfare Reform (2016)
Working Paper: Female Labor Supply, Human Capital and Welfare Reform (2016)
Working Paper: Female labour supply, human capital and welfare reform (2016)
Working Paper: Female Labor Supply, Human Capital and Welfare Reform (2015)
Working Paper: Female Labour Supply, Human Capital and Welfare Reform (2013)
Working Paper: Female Labor Supply, Human Capital and Welfare Reform (2013)
Working Paper: Female labour supply, human capital and welfare reform (2013)
Working Paper: Female labour supply, human capital and welfare reform (2013)
Working Paper: Female Labour Supply, Human Capital and Welfare Reform (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:19007

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w19007

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().