How do financial incentives affect individual labour market decisions and how do these effects vary, for example across people with different characteristics, time and wider economic factors?

Background

The Labour Market section covers a range of questions to support HM Treasury to increase employment and making sure policy interventions support people to enter, remain and progress in work.

Next steps

Get in touch with HMTResearch@hmtreasury.gov.uk

Source

This question was published as part of the set of ARIs in this document:

HMT Areas of Research Interest October 2024

Topics

No topics assigned yet

Research fields

No research fields assigned yet

Related UKRI funded projects


  • Encouraging the unemployed into sustained work: experimental evidence from the UK and the US

    In seeking to increase the employment rate in the UK, labour market policy has traditionally focused on encouraging employment entry. However, many people who leave benefit enter poorly-paid, insecure employment and befo...

    Funded by: ESRC

    Lead research organisation: National Institute of Economic and Social Research

    Why might this be relevant?

    The project specifically addresses how financial incentives affect individual labour market decisions and aims to identify the impact of time-limited earnings supplements on employment retention.

  • Creating research-ready data by linking Census data to ASHE

    The project will create, assess, document and support use of a research-ready dataset, generated by linking personal data from the Census to employee records from the longitudinal Annual Survey of Hours and Earnings (ASH...

    Funded by: ESRC

    Lead research organisation: City, University of London

    Why might this be relevant?

    The project focuses on creating a research-ready dataset by linking Census data to ASHE, which can provide insights into labour market outcomes but does not directly address the impact of financial incentives on individual labour market decisions.

  • Wage and Employment Dynamics - Phase 2 (HMRC)

    The project links data from ONS surveys, education systems, and the tax and benefit systems to provide insights into the dynamics of earnings and employment, integrating data across individuals, years, jobs, income sourc...

    Funded by: ESRC

    Lead research organisation: University of the West of England

    Why might this be relevant?

    The project focuses on linking data from various sources to provide insights into earnings and employment dynamics, but does not directly address the impact of financial incentives on individual labour market decisions.