We investigate the relationship between individual trust and individual economic performance. We find that individual income is hump-shaped in a measure of intensity of trust beliefs. Our interpretation is that highly trusting individuals tend to assume too much social risk and to be cheated...

We use novel and unique survey data from Italy to shed light on key questions regarding the measurement of social capital and the use of social capital indicators for empirical work. Our data cover a sample of over 600,000 respondents interviewed between 2000 and 2015. We identify four distinct...

We study the impact of child labor standards in Regional Trade Agreements (RTAs) on a variety of child labor market outcomes, including employment, education, and household inequality. We develop a stylized general equilibrium model of child labor in an economy open to international trade and...

This study uses individual-level census data from Argentina to examine the socioeconomic disparities between Native and non-Native people. Native people fare worse across a variety of indicators, including housing, education, employment, and health. On average, the observed disparities amount to...

The gradual shift in responsibility for welfare provision, from the government to individuals, is making household saving and wealth holding a key policy concern. Yet remarkably little is known about how much households save or the forms in which they save.Unlike income or expenditure, there is...

This report looks at the level of wealth and the rate of saving of households in the UK on the eve of the global economic crisis. Our approach is to use microdata sources to look at the extent to which wealth holdings and saving rates vary across individuals. We use the British Household Panel...

Higher education (HE) participation has expanded dramatically in England over the last half century; however, access to HE amongst particular groups of students remains a major policy concern. This report makes use of newly linked administrative data to better understand the determinants of...

This report provides new empirical evidence on the level and distribution of retirement saving in England. For the first time in recent years, we have been able to estimate accrued state and private pension wealth to include in our measures of retirement saving. We use new data on 4,687...

This report compares and contrasts the economic circumstances of individuals born between the 1940s and the 1970s, currently ages between their mid-30s and mid-70s. In doing so, it aims to provide a sense of the likely economic position of the younger cohorts in later life, in absolute terms and...

Government wants both to reduce carbon emissions and to reduce 'fuel poverty'. Energy prices have risen in part because of a multitude of policies aimed at reducing emissions. There are also multiple policies aimed at ameliorating these effects. Altogether, this leads to a complex policy...