Poverty and Worklessness in Britain.

Relative poverty in the UK has risen massively since 1979 mainly because of increasing worklessness, rising earnings dispersion and benefits indexed to prices, not wages. So poverty is now at a very high level. The economic forces underlying this are the significant shift in demand against the unski...

Full description

Bibliographic Details
Main Author: Nickell, S
Format: Working paper
Language:English
Published: Centre for Economic Performance, LSE, 2003