Tom Waters

Aug 20, 2024 | onlinelibrary.wiley.com | David Goll |Robert Joyce |Tom Waters

1 INTRODUCTION The growth of ‘in-work’ transfers, such as Earned Income Tax Credit (EITC) in the USA and Working Families' Tax Credit (WFTC) in the UK, has been a major development in transfer policy in developed economies in recent decades. These have been viewed as a tool for raising living standards among low-earning households, but also, crucially, for changing incentives.