This report presents projections of mortality, family composition, health, care receipt, care provision, labour supply and receipt of disability benefits for people aged 65 and over from 2010-11 through to 2022-23, as well as projections of their wealth and incomes, in order to offer commentary...

Since 1995, employment rates of men in their 50s and 60s have steadily increased, following a long period of decline from the late 1960s. At the same time, employment rates of older women have continued to increase. This growth in employment rates was only somewhat arrested during the recent...

Over the last thirty years pathways to retirement have changed substantially in the UK. They have been dominated by spells of unemployment in the late 1970s, with then an increased importance of disability spells from the mid-1980s onwards. At the end of the period the direct route from work to...

We describe the history of state pension policy in the UK since 1948 and calculate summary measures of the generosity of the system over time and the degree to which the it created implicit taxes on, or subsidies to, work at older ages. The time series of these measures, calculated separately...

We present theory and evidence that challenges the view that forward premia contain little information regarding subsequent spot rate movements. Using weekly dollar-mark and dollar sterling data, we find that spot and forward exchange rates together are well represented by a vector error...