| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP710 |
| DP710 Was the Thatcher Experiment Worth it? British Economic Growth in a European Context | |
| Nicholas Crafts | |
| 发表日期 | 1992-08-16 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | The changes in economic policy introduced in the UK after 1979 had a substantial impact on income distribution, unemployment and productivity growth. This paper brings together available evidence in an attempt to evaluate the welfare effects of the Thatcher reforms. The estimated impact turns out to be sensitive to the degree of `inequality aversion' of the investigator and to the method chosen to estimate the counterfactual productivity path. The overall welfare effect may have been either negative or positive but is probably smaller than partisan assessments have claimed. |
| 主题 | Labour Economics |
| 关键词 | Growth Inequality Thatcher Uk |
| URL | https://cepr.org/publications/dp710 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529853 |
| 推荐引用方式 GB/T 7714 | Nicholas Crafts. DP710 Was the Thatcher Experiment Worth it? British Economic Growth in a European Context. 1992. |
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