A lifetime perspective on the distributional and incentive effects of the tax system
Lead Research Organisation:
Institute for Fiscal Studies
Department Name: IFS Research Team
Abstract
Abstracts are not currently available in GtR for all funded research. This is normally because the abstract was not required at the time of proposal submission, but may be because it included sensitive information such as personal details.
Publications
Dr Monica Costa-Dias
(2013)
How taxes and benefits redistribute income and affect work incentives: a lifecycle perspective
Dr Monica Costa-Dias
(2013)
Income Dynamics, Income Risk, and Income Risk-Sharing
Jonathan Shaw (Speaker)
(2012)
FORTAX : a tax and benefit microsimulation library
Jonathan Shaw (Speaker)
(2012)
The long-term effects of in-work benefits in a life-cycle model for policy evaluation
Jonathan Shaw (Speaker)
(2012)
The long-term effects of in-work benefits in a life-cycle model for policy evaluation
Monica Costa Dias (Speaker)
(2011)
A lifetime perspective on the distributional and incentive effects of UK personal taxes
| Description | The long-term effects of in-work benefits in a lifecycle model for policy evaluation |
| Form Of Engagement Activity | A formal working group, expert panel or dialogue |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other audiences |
| Results and Impact | Primanry audience: academics |
| Year(s) Of Engagement Activity | 2012 |
| Description | A dynamic model of female labour supply |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Policymakers/politicians |
| Results and Impact | Presentation to DWP modelling workshop |
| Year(s) Of Engagement Activity | 2006 |
| Description | A lifetime perspective on the distributional and incentive effects of the tax system |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Supporters |
| Results and Impact | First Advisory Group Meeting |
| Year(s) Of Engagement Activity | 2013 |
| Description | A lifetime perspective on the incentive and distributional effects of the UK tax system |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Supporters |
| Results and Impact | Second Advisory Group Meeting First Advisory Group Meeting |
| Year(s) Of Engagement Activity | 2013 |
| Description | A lifetime perspective on the incentive and distributional effects of the UK tax system |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | Local |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Seminar at the IFS |
| Year(s) Of Engagement Activity | 2006 |
| Description | A lifetime perspective on the incentive and distributional effects of the UK tax system |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Seminar at the University of Copenhagen |
| Year(s) Of Engagement Activity | 2010 |
| Description | A lifetime perspective on the incentive and distributional effects of the UK tax system |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Presentation to the UCL Phd Group Seminar |
| Year(s) Of Engagement Activity | 2006 |
| Description | A lifetime perspective on the incentive and distributional effects of the tax system |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Seminar at ISER at the University of Essex Abstract: Most existing empirical work on the behavioural effect of personal taxes and benefits takes a static approach. But many of the most important decisions during life have an intertemporal dimension, such as education choices, employment and family formation. We study the tax and benefit system from a lifecycle perspective, providing a richer understanding of its impact on the incentives to work and invest in human capital, and the extent to which it redistributes lifecycle resources. Our analysis is based on simulated data from a dynamic model of lifetime learning, labour supply and savings that embeds a detailed characterisation of the UK tax and benefit system. This allows us to follow individuals over their whole lifecycle and avoid the potentially confounding effects of actual reforms. Our focus is on females. We find considerable dispersion in marginal effective tax rates (METRs) and average tax rates (ATRs) during childbearing years, particularly for lower educated groups. These patterns have become increasingly pronounced over time. In contrast, participation tax rates (PTRs) do not vary much across the lifecycle and have become less dispersed over time. Seminar at ISER at the University of Essex |
| Year(s) Of Engagement Activity | 2006 |
| Description | Conference |
| Form Of Engagement Activity | A talk or presentation |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Other audiences |
| Results and Impact | Discussion |
| Year(s) Of Engagement Activity | 2012 |
| Description | Design and long-term effects of in-work benefits |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | Local |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Slides from IFS internal seminar |
| Year(s) Of Engagement Activity | 2006 |
| Description | Dynamic effects of in-work benefits |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Slides presented at Universidad Carlos III de Madrid in May 2010 |
| Year(s) Of Engagement Activity | 2010 |
| Description | FORTAX: a tax and benefit microsimulation library |
| Form Of Engagement Activity | A talk or presentation |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Policymakers/politicians |
| Results and Impact | Discussion |
| Year(s) Of Engagement Activity | 2012 |
| Description | How taxes and benefits redistribute income and affect work incentives : a lifecycle perspective |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Policymakers/politicians |
| Results and Impact | Launch Event of the Project Personal taxes and benefits affect peoples' incentives to work and invest over their lifecourse by altering income-age profiles, insuring people against adversities, and changing the returns to human capital. But much research that investigates the impact of taxes and benefits on the income distribution or work incentives ignores these dynamic considerations. |
| Year(s) Of Engagement Activity | 2013 |
| Description | Human capital over the life-cycle |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Slides prepared for the Workshop on New Aspects of Active Labour Market Policies |
| Year(s) Of Engagement Activity | 2010 |
| Description | In-work benefits and dynamic female education and labour supply |
| Form Of Engagement Activity | A talk or presentation |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Supporters |
| Results and Impact | Presentation given to the Advisory Commitee for the ESRC 'Centre for the Microeconomic Analysis of Public Policy'. |
| Year(s) Of Engagement Activity | 2011 |
| URL | http://www.ifs.org.uk/centres/esrcIndex |
| Description | In-work benefits over the life-cycle |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Slides prepared for the IZA/SOLE transatlantic meeting, 2010 |
| Year(s) Of Engagement Activity | 2010 |
| Description | Income Dynamics, Income Risk, and Income Risk-Sharing |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other audiences |
| Results and Impact | This workshop was held at the University of Atlanta in September 2013. |
| Year(s) Of Engagement Activity | 2013 |
| URL | http://www.ifs.org.uk/uploads/publications/conferences/Atlanta-PAC_MCD_CM_sep2013.pdf |
| Description | Labour supply and tax and benefit analysis for working-age families |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Policymakers/politicians |
| Results and Impact | Overview of IFS tax and labour supply work presented to DWP |
| Year(s) Of Engagement Activity | 2006 |
| Description | Presentation to HMRC and HMT |
| Form Of Engagement Activity | A talk or presentation |
| Part Of Official Scheme? | No |
| Geographic Reach | National |
| Primary Audience | Policymakers/politicians |
| Results and Impact | Presentation to members of HMRC and HMT. |
| Year(s) Of Engagement Activity | 2011 |
| Description | The careers and wages of women |
| Form Of Engagement Activity | A talk or presentation |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other audiences |
| Results and Impact | Various resentations at: - Gorman conference 2020, on Oct 12-13 - Georgetown University, Mar 2, 2021 |
| Year(s) Of Engagement Activity | 2020,2021 |
| Description | The long-term effects of in-work benefits in a lifecycle model for policy evaluation |
| Form Of Engagement Activity | Participation in an activity, workshop or similar |
| Part Of Official Scheme? | No |
| Geographic Reach | International |
| Primary Audience | Other academic audiences (collaborators, peers etc.) |
| Results and Impact | Presentation at SOLE's 17th annual meeting |
| Year(s) Of Engagement Activity | 2010 |