Research on the cost effectiveness of credits designed to stimulate economic activity is sparse, if generally unencouraging.
The chancellor is considering the move – which Iain Duncan Smith fears could drastically undermine the effectiveness of universal credit – as a means of partially funding his anticipated U-turn on tax credits.
Opinions on the effectiveness of the credit vary, but it almost certainly encourages some innovation and the hiring of some scientists by private companies.
This study uses a 'per-building' cost-benefit analysis of the entire voluntary residential property market to evaluate the effectiveness of the credit system at promoting active retrofitting, or hardening, of buildings within the population that result in loss reduction.
While the effectiveness of past credits has been questioned, a well-drafted, generous, permanent credit could do much to encourage companies to hire scientists.
The governors offered no hard evidence of the effectiveness of tax credits, but the Supreme Court did not consider whether they worked anyway.
Conversely, of course, the effectiveness of such credits in helping the long-term unemployed as the labor market tightens could decline, as stigma concerns associated with long-term unemployment strengthen.
This study formed a part of a larger initiative to assess the effectiveness of IT-based credit management processes at the State Bank of India (SBI).
In order to verify the feasibility and effectiveness of KCM, personal credit rating dataset provided by a local bank in Seoul, Republic of Korea is used in this study.
To allow lenders to deny responsibility for discriminatory pricing of the car loans that they have approved and financed simply because those prices were negotiated by the dealers "would significantly hinder the effectiveness" of the fair-credit laws and undermine the government's efforts to enforce them, the Justice Department argued.
