This article explores the conceptualisation of choice as autonomy using three components – self-reflection, active decision-making, and quality and range of options - and investigates empirical inequalities in autonomy, using newly-collected data for the UK. ‘Choice’ has been promoted in...

This CASEbrief summarises the responses to 'The pensions Green Paper - A new contract for welfare: partnership in pensions' made by members of CASE in CASEpaper 23, 'Tightropes and tripwires: New Labour's proposals and means-testing in old age' by Katherine Rake, Jane Falkingham and Martin...

International capital flows have increased dramatically since the 1980s, with much of the increase being due to trade in equity and debt markets. Such developments are often attributed to the increased integration of world financial markets. We present a model that allows us to examine how...

This paper develops and estimates a general equilibrium model for the term structures of nominal and real interest rates that incorporates regime-switching into the dynamics ofthe state variables. The model generates time-varying risk premia via changes in the covariance structure of the state...