The dynamic of welfare: the welfare state and the life cycle

Jane Falkingham · John Hills

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Social Policy and Reform Studies Economic and Fiscal Studies Income, Poverty, and Inequality

Abstract

This study is based on recent work by the Welfare State Programming at the London School of Economics on the impact of the welfare state as a means of redistributing incomes not only between individuals but also within individuals own life cycles. The book includes the results of a microsimulation model of lifetime incomes, taxes and benefits at the L.S.E., providing a unique quantitative assessment of this key aspect of social welfare provision. Readers interested in Social and Public Policy, Public Finance and policy-makers.

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