England has very volatile house prices. We use pseudo-panel data spanning multiple house-price cycles over nearly forty years, to assess the extent to which house prices affect access to homeownership by age thirty, and whether differences in ownership rates persist. We find that ownership rates...

The paper examines the pension programme in Britain, focusing on reforms that have increased the fraction of the work-force opting out of public provision and that have permitted individuals to choose their private pension provider. It also examines the issue of pension provision and household...