This paper compares consumption and income as measures of households' living standards using UK data. It presents … evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions … an imputed income from housing, rather than near-cash income. It describes what different impressions one gets about the …

-contingent transfers, and increases in higher rates of income tax over the whole of life. We find that, in contrast to what is implied by …-off typically thought to apply to work-contingent transfers. However, we find that higher rates of tax on annually assessed income …

in the UK context: (i) changes to out-of-work versus in-work benefits, (ii) adjustments to income tax rates, and (iii …

We study earnings and income inequality in Britain over the past two decades, including the period of relatively … household income inequality fell due to deliberate increases in redistribution, the tax and transfer system's insurance role …

This paper compares consumption and income as measures of households’ living standards using UK data. It presents … evidence that income is likely to be under-recorded for households with low resources. It describes the different impressions … an imputed income from housing, rather than near-cash income. It describes what different impressions one gets about the …

This paper assesses the accuracy of decomposing income risk into permanent and transitory components using income and … that this approximation can provide a robust method for decomposing income risk. The availability of asset data enables the …