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Social Security Policy in a Changing Labour Market

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  • Webb, Steven

Abstract

Conditions in the UK labour market of the 1990s are markedly different from those which prevailed in the post-war period when the modern welfare state was created. The main differences include a growth in long-term unemployment, in female part-time employment, and in low-paid employment and self-employment. In some respects, social security policy has adapted to reflect these new patterns. The clearest example of this is the introduction and enhancement of in-work benefits, such as Family Credit. However, two of the main strands of benefit policy in recent decades--greater reliance on family-based means-testing and an increased role for private insurance--do not fit so well with labour-market trends. In the case of the privatization of mortgage insurance the result is likely to be further redistribution away from those in insecure or low-paid employment. Copyright 1995 by Oxford University Press.

Suggested Citation

  • Webb, Steven, 1995. "Social Security Policy in a Changing Labour Market," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 11(3), pages 11-26, Autumn.
    • Handle: RePEc:oup:oxford:v:11:y:1995:i:3:p:11-26
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    Cited by:

    1. Philippe De Donder & Jean Hindriks, 1998. "The political economy of targeting," Public Choice, Springer, vol. 95(1), pages 177-200, April.
    2. Ben Fine, 1999. "Whither the Welfare State: Public versus Private Consumption?," Working Papers 92, Department of Economics, SOAS University of London, UK.

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