Competing with dad: changes in the intergenerational distribution of male labour market income
Two decades ago a discussion of the interactions between expenditure on the welfare system and labour market changes would have focussed on the impact of changing unemployment levels. Today, the unemployment-welfare expenditure link is still important but another factor has been added. Increasingly welfare policy discussions are focussing on the relationship between wage changes and welfare payments. There are three important recurring themes. <p> First, the labour market has been generating...[Show more]
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