This paper focuses on pathways to adult disadvantage (or social exclusion) up toage 33 for a cohort of children born in Great Britain in March 1958. A sequenceof interrelated analyses that build up a life-course account of the pathwaysinvolved in the origins of adult social exclusion are...

Specific functional forms are often used in economic models of distributions;goodness-of-fit measures are used to assess whether a functional form is appropriatein the light of real-world data. Standard approaches use a distance criterion based onthe EDF, an aggregation of differences in...

A substantial literature examines second-best environmental policy, focusingparticularly on how the Pigouvian directive that marginal taxes should equalmarginal external harms needs to be modified in light of the preexistingdistortion due to labor income taxation. Additional literature is...

This paper aims to test empirically if certain frequently used measures of wellbeing,which are regarded as valuable properties of human life, are actuallydesired by people. In other words, it investigates whether the “expertjudgments” in social science overlap with social consensus on what...

This paper analyses the work of the Nobel Prize winning economist ProfessorAmartya Sen from the perspective of human rights. It assesses the ways inwhich Sen’s research agenda has deepened and expanded human rightsdiscourse in the disciplines of ethics and economics, and examines how hiswork...

The increases in human longevity in recent decades and the trends for early retirement have posed new challenges for policy makers, and require a holistic understanding of the processes that influence the economic resources of older people. This paper contributes to this knowledge by examining...

[...]This paper contributes to the identification of adaptive expectations by using ten years of panel data from the British Household Panel Survey to study the process of adaptation based on the individual’s own previous experience. Subjective assessments of financial well-being at time t,...

[...]The New York City Social Indicators Survey (SIS)project represents one effort to track the consequences ofpolicy reform and devolution for inequality and well-beingin the largest and most diverse city in the United States.The project uses a telephone survey to collect data from arepeated...

[...]In this paper, I examine two methods of measuringthe value of better schools. One involves following individualsover time to determine how the quality of theirschooling affects outcomes later in their lives; the otherinvolves calculating parental valuation of better schoolstoday. I review...

[...]The central point is simple: far and away themost important determinant of how quickly studentslearn is the effort of students themselves. It follows thatan increase in schools’ expectations of students couldhave important effects on the quality of public schooling.By establishing a...