Article in Journal
Employment-dependent tax credits in Britain
Wolfgang Ochel
ifo Institut für Wirtschaftsforschung, München, 2004
in: ifo Schnelldienst, 2004, 57, Nr. 21, 38-41
ifo Institut für Wirtschaftsforschung, München, 2004
in: ifo Schnelldienst, 2004, 57, Nr. 21, 38-41
![](https://www.ifo.de/DocImg/ifosd_2004_21_4.jpg?c=1689236993)
Substitute wage payments prevent the expansion of the low-wage sector. The alternative is supplemental wage payments as have been granted in Great Britain with the "Working Families' Tax Credit" and since 2003 with the "Working Tax Credit". These tax credits considerably increase the incentive for the unemployed to take on jobs. They do not, however, favour an extension of working times for those already employed.
JEL Classification: H200,J100,J210
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Journal (Complete Issue)
ifo Schnelldienst 21/2004
ifo Institut für Wirtschaftsforschung, München, 2004