[...]This paper, and its companion, Definition of equality and framework formeasurement: Final Recommendations of the Equalities Review SteeringGroup on Measurement (CASEpaper 120) were prepared as backgroundpapers to assist in the development of the measurement framework for theEqualities...

[...]This paper, and its companion, Developing a Capability List: FinalRecommendations of the Equalities Review Steering Group on Measurement(CASEpaper 121), were prepared as background papers to assist in thedevelopment of the measurement framework for the Equalities Review. Itdiscusses the...

This paper represents the results of a small-scale qualitative study, exploringpublic perceptions of the redistributive effects of taxation and public spendingin the UK. Redistribution is not at the top of people’s minds when they considerthese issues and it is a complex subject on which they...

Economic transition lowered happiness on average, but did not affect allequally. This paper uses Hungarian survey data to study the impact ofreligion and economic transition on happiness. Religious involvementcontributes positively to individuals’ self-reported well-being.Controlling for...

[...]What might account for this link between parentalincome and children’s income? Many economists believethat this relationship is due in large part to differentialhuman-capital investment between high-income andlow-income families. High-income parents can invest inmore (and better)...

This paper describes a new and intuitive methodfor answering these technical questions by tabulating theexact loss distribution arising from correlated credit eventsfor any arbitrary portfolio of counterparty exposures, downto the individual contract level, with the losses measuredon a...

[...]This study is the first formal investigation ofconsumer attitudes that compares the forecasting power ofthe University of Michigan’s Index of Consumer Sentimentand the Conference Board’s Consumer Confidence Index.We begin with a background analysis of structural differencesbetween the...