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 one gets about trends in the level and inequality of...

There have been many studies of the impact of higher education (HE) on the wages and earnings of graduates. However, for working women, the variation in wages only explains 30% of the variance in net family income. To understand the overall impact of HE on the living standards of female...

Researchers are often interested in the relationship between two variables, with no single data set containing both. A common strategy is to use proxies for the dependent variable that are common to two surveys to impute the dependent variable into the data set containing the independent...

Individuals may be poor even if their household is not poor, because the intra-household distribution of resources may be unequal. We develop a model wherein the resource share of each person in a collective household - defined as their share of household consumption - may be estimated by simple...

I characterize how house price shocks affect consumption inequality using a life-cycle model of housing and non-housing consumption with incomplete markets. I derive analytical expressions for the dynamics of inequalities and use these to analyze large house prices swings seen in the UK. I show...

Community-based interventions, particularly group-based ones, are considered to be a cost-effective way of delivering interventions in low-income settings. However, design features of these programs could also influence dimensions of household and community behaviour beyond those targeted by the...

When markets are incomplete, cultural norms may play an important role in shaping economic behavior. In this paper, we explore whether income shocks increase the probability of child marriages in societies that engage in bride price payments – transfers from the groom to the bride’s parents...

We use Italian micro data to investigate how consumers reacted to the Great Recession. In particular, we study the age profiles of non-durable consumption, durable purchases and wealth over the 2008-2012 period for different year-of-birth cohorts, and how they departed from the way they would...

This paper uses the large and heterogeneous house price shocks in Denmark from 2006-2009 to provide new evidence on the contested determinants of the correlation between house prices and saving. Crucially, to compare the savings behaviour of home-owners who experienced di fferent house price...