The Working Families Tax Credit

Gordon Brown's first Budget as Chancellor signalled a new emphasis on microeconomic relationships in economic policymaking. Whereas in the past there has been implicit acknowledgement that macroeconomic policy relies on appropriate responses in individual behaviour, this time the policy focus w...

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Veröffentlicht in:National Institute economic review 1998-10, Vol.166 (166), p.74-77
1. Verfasser: Meadows, Pamela
Format: Artikel
Sprache:eng
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Zusammenfassung:Gordon Brown's first Budget as Chancellor signalled a new emphasis on microeconomic relationships in economic policymaking. Whereas in the past there has been implicit acknowledgement that macroeconomic policy relies on appropriate responses in individual behaviour, this time the policy focus was explicitly on the structure of the incentives facing employers and employees.
ISSN:0027-9501
1741-3036
DOI:10.1177/002795019816600109