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The UK government is part-way through significant cuts in spending on public services as it attempts to deal with the large hole in the UK's public finances. As part of this, grants from the UK Treasury to the Welsh Government have been reduced in real terms each year since 2009-10, and the...
Persistent link: https://www.econbiz.de/10010242271
The UK government is part-way through significant cuts in spending on public services as it attempts to deal with the large hole in the UK's public finances. As part of this, grants from the UK Treasury to the Welsh Government have been reduced in real terms each year since 2009-10, and the...
Persistent link: https://www.econbiz.de/10011532792
The local government finance system in England is undergoing genuinely revolutionary change. A highly-centralised system of funding, with central government grants allocated on the basis of councils' relative spending need, is set to be replaced by a system where councils as a group are...
Persistent link: https://www.econbiz.de/10011554158
If the result of the referendum on 23 June leads to the UK leaving the EU, there will be impacts on the UK public finances. This report aims to set out the possible impacts, focusing particularly on the short run, given that the Chancellor wishes to achieve a budget balance by the end of this...
Persistent link: https://www.econbiz.de/10011477367
Assessments of whose income growth is the greatest and whose is the smallest are typically based on comparisons of income changes for income groups (e.g. rich versus poor) or income values (e.g. quantiles). However, income group and quantile composition changes over time because of income...
Persistent link: https://www.econbiz.de/10013129908
This paper provides a self-contained introduction to the British Household Panel Survey (BHPS), concentrating on aspects relevant to analysis of the distribution of household income. I discuss BHPS design features and how data on net household income are derived. The BHPS net household income...
Persistent link: https://www.econbiz.de/10013136944
We analyze the dynamics of social assistance benefit (SA) receipt among working-age adults in Britain between 1991 and 2005. The decline in the annual SA receipt rate was driven by a decline in the SA entry rate, rather than by the SA exit rate (which actually declined too). We examine the...
Persistent link: https://www.econbiz.de/10013155539
The year-on-year job change rate fell sharply, from 18% in 2005 to around 13% in 2006, according to British Household Panel Survey (BHPS) estimates. This fall coincides with the introduction of dependent interviewing to the BHPS, intended to reduce measurement error and improve consistency....
Persistent link: https://www.econbiz.de/10012833243
The generalized entropy class of inequality indices is derived for Generalized Beta of the Second Kind (GB2) income distributions, thereby providing a full range of top-sensitive and bottom-sensitive measures. An examination of British income inequality in 1994/95 and 2004/05 illustrates the...
Persistent link: https://www.econbiz.de/10012729797
Survey under-coverage of top incomes leads to bias in survey-based estimates of overall income inequality. Using income tax record data in combination with survey data is a potential approach to address the problem; we consider here the UK's pioneering 'SPI adjustment' method that implements...
Persistent link: https://www.econbiz.de/10012952592