Blundell, R;
(2016)
Coase Lecture-Human Capital, Inequality and Tax Reform: Recent Past and Future Prospects.
Economica
, 83
(330)
pp. 201-218.
10.1111/ecca.12186.
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Abstract
Even before the financial crisis, many developed economies were facing growing inequality and struggling to maintain employment and earnings. This paper addresses two key questions. What has happened to inequality? Where will tax and welfare reforms have most impact? The UK is used as a running example. The analysis suggests that the pattern of sluggish real wages at the bottom looks set to continue, and longer-term earnings growth will come mainly from high-skilled occupations. Growing earnings inequality will bring increasing pressure on the tax and welfare system. A blueprint for a coherent tax policy reform is presented.
| Type: | Article |
|---|---|
| Title: | Coase Lecture-Human Capital, Inequality and Tax Reform: Recent Past and Future Prospects |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1111/ecca.12186 |
| Publisher version: | http://doi.org/10.1111/ecca.12186 |
| Language: | English |
| Additional information: | Copyright © 2016 The London School of Economics and Political Science. Published by Blackwell Publishing. All rights reserved. This is the peer reviewed version of the following article: Blundell, R; (2016) Coase Lecture-Human Capital, Inequality and Tax Reform: Recent Past and Future Prospects. Economica , 83 (330) pp. 201-218, which has been published in final form at 10.1111/ecca.12186. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/1485927 |
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