Work Incentives and Universal Credit: Reform of the Benefit System in the United Kingdom
Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty. The reform could reduce the...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2013
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | kostenfrei |
Zusammenfassung: | Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty. The reform could reduce the number of workless households by between 45 000 and 240 000 and increase labour supply by the equivalent of 15 000-85 000 full-time employees. Increased take-up and increased entitlements for low income families will further reduce poverty and increase equality. However, the cost of childcare remains high even after taking childcare benefits into account. Despite significant improvements, childcare expenses will continue to be a hurdle to progress in work for second earners and lone parents, even after the Universal Credit reform |
Beschreibung: | 1 Online-Ressource (41 Seiten) 21 x 29.7cm |
DOI: | 10.1787/5k49lcn89rkf-en |
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spelling | Pareliussen, Jon Verfasser aut Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom Jon Pareliussen = Incitations à travailler et « Crédit Universel » : Réforme du système de prestations sociales au Royaume-Uni / Jon Pareliussen Incitations à travailler et « Crédit Universel » Paris OECD Publishing 2013 1 Online-Ressource (41 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers Under the Universal Credit reform, the main means-tested benefits except the Council Tax Benefit will be pooled into one single benefit with one single taper rate. The reform will give people better incentives to work, reduce complexity and contribute to reducing poverty. The reform could reduce the number of workless households by between 45 000 and 240 000 and increase labour supply by the equivalent of 15 000-85 000 full-time employees. Increased take-up and increased entitlements for low income families will further reduce poverty and increase equality. However, the cost of childcare remains high even after taking childcare benefits into account. Despite significant improvements, childcare expenses will continue to be a hurdle to progress in work for second earners and lone parents, even after the Universal Credit reform Social Issues/Migration/Health Economics United Kingdom https://doi.org/10.1787/5k49lcn89rkf-en Verlag kostenfrei Volltext |
spellingShingle | Pareliussen, Jon Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom Social Issues/Migration/Health Economics United Kingdom |
title | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom |
title_alt | Incitations à travailler et « Crédit Universel » |
title_auth | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom |
title_exact_search | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom |
title_exact_search_txtP | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom |
title_full | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom Jon Pareliussen = Incitations à travailler et « Crédit Universel » : Réforme du système de prestations sociales au Royaume-Uni / Jon Pareliussen |
title_fullStr | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom Jon Pareliussen = Incitations à travailler et « Crédit Universel » : Réforme du système de prestations sociales au Royaume-Uni / Jon Pareliussen |
title_full_unstemmed | Work Incentives and Universal Credit Reform of the Benefit System in the United Kingdom Jon Pareliussen = Incitations à travailler et « Crédit Universel » : Réforme du système de prestations sociales au Royaume-Uni / Jon Pareliussen |
title_short | Work Incentives and Universal Credit |
title_sort | work incentives and universal credit reform of the benefit system in the united kingdom |
title_sub | Reform of the Benefit System in the United Kingdom |
topic | Social Issues/Migration/Health Economics United Kingdom |
topic_facet | Social Issues/Migration/Health Economics United Kingdom |
url | https://doi.org/10.1787/5k49lcn89rkf-en |
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