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Tax policy reform: why we need microeconomics

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  • Richard Blundell

    (Institute for Fiscal Studies and University College London)

Abstract

It is 20 years ago this July that the committee under the chairmanship of James Meade was set up by the Institute for Fiscal Studies to take a fundamental look at the UK tax structure. What it produced stands as a landmark in the history of tax policy analysis and was an important springboard for subsequent IFS research. The membership of the committee included three research ‘secretaries’, two of whom were recent presenters of the IFS Annual Lecture — John Flemming and Mervyn King — and the other of whom was to become Director of IFS — John Kay. With such an active history in research in this area, it would seem reasonable to ask ‘what’s new?’.

Suggested Citation

  • Richard Blundell, 1995. "Tax policy reform: why we need microeconomics," Fiscal Studies, Institute for Fiscal Studies, vol. 16(3), pages 106-125, January.
    • Handle: RePEc:ifs:fistud:v:16:y:1995:i:3:p:106-125
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    References listed on IDEAS

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    1. Richard Blundell & Ian Preston, 1994. "Income or consumption in the measurement of inequality and poverty?," IFS Working Papers W94/12, Institute for Fiscal Studies.
    2. Richard Dorsett & Christopher Heady, 1991. "The take-up of means-tested benefits by working families with children," Fiscal Studies, Institute for Fiscal Studies, vol. 12(4), pages 22-32, November.
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    6. V. Joseph Hotz, 2003. "The Earned Income Tax Credit," NBER Chapters, in: Means-Tested Transfer Programs in the United States, pages 141-198, National Bureau of Economic Research, Inc.
    7. Jerry A. Hausman, 1980. "The Effect of Wages, Taxes, and Fixed Costs on Women's Labor Force Participation," NBER Chapters, in: Econometric Studies in Public Finance, pages 161-194, National Bureau of Economic Research, Inc.
    8. Mroz, Thomas A, 1987. "The Sensitivity of an Empirical Model of Married Women's Hours of Work to Economic and Statistical Assumptions," Econometrica, Econometric Society, vol. 55(4), pages 765-799, July.
    9. Richard Blundell, 1992. "Labour supply and taxation: a survey," Fiscal Studies, Institute for Fiscal Studies, vol. 13(3), pages 15-40, January.
    10. Alan Duncan & Christopher Giles, 1995. "Benefit reforms and labour supply incentives in the UK: the family credit," IFS Working Papers W95/21, Institute for Fiscal Studies.
    11. Thomas MaCurdy & David Green & Harry Paarsch, 1990. "Assessing Empirical Approaches for Analyzing Taxes and Labor Supply," Journal of Human Resources, University of Wisconsin Press, vol. 25(3), pages 415-490.
    12. Deaton, Angus S & Muellbauer, John, 1980. "An Almost Ideal Demand System," American Economic Review, American Economic Association, vol. 70(3), pages 312-326, June.
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    Cited by:

    1. Stephen Pudney & Nikolay Markov & Robert Ackrill, "undated". "Indirect Tax Reform in Bulgaria," Discussion Papers in European Economics 99/3, Division of Economics, School of Business, University of Leicester.

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