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We study household income inequality in both Great Britain and the United States and the interplay between labour market earnings and the tax system. While both Britain and the US have witnessed secular increases in 90/10 male earnings inequality over the last three decades, this measure of...
Persistent link: https://www.econbiz.de/10012028650
This report examines changes in the distribution of household incomes in the UK, and the determinants and consequences of recent trends. This includes analysing not only changes in average living standards, but also inequality in household incomes and measures of income poverty and deprivation....
Persistent link: https://www.econbiz.de/10012050980
This report examines how living standards - most commonly measured by households' incomes - were changing in the UK up to approximately the eve of the current COVID-19 crisis, using the latest official household income data covering years up to 2018-19. We particularly focus on how this differed...
Persistent link: https://www.econbiz.de/10012546000
This paper analyses the key trends in child poverty in Britain, with particular focus on changes since the late 1990s when the issue was promoted towards the top of the policy agenda. The position of low-income families with children in the income distribution improved considerably in the late...
Persistent link: https://www.econbiz.de/10011335623
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...
Persistent link: https://www.econbiz.de/10011335839
Council tax benefit (CTB) was abolished in April 2013 and local authorities in England were charged with designing their own council tax support (CTS) schemes in its place. Although these must maintain support for pensioners at its previous level, local authorities have had wide discretion to...
Persistent link: https://www.econbiz.de/10011335843
How have household incomes evolved since the onset of the financial crisis? How has the gap between rich and poor changed? How have living standards changed over time for different parts of the population? How many people are in poverty and which groups are most likely to face poverty? Each...
Persistent link: https://www.econbiz.de/10011335848
The official statistics on the distribution of income and the extent of poverty in the UK in 2011-12 were released on Thursday 13 June 2013. Using the data underlying these statistics, this report analyses: •the changes in average incomes in the most recent year of data and the period since...
Persistent link: https://www.econbiz.de/10010322367
This report presents projections of relative and absolute income poverty among children and working-age adults in every year to 2016-17, and in 2020-21. The aim is to estimate the implications for household incomes- and hence, income poverty- of what we know about tax and benefit policy and...
Persistent link: https://www.econbiz.de/10010322373
A growing literature on inference in difference-in-differences (DiD) designs with grouped errors has been pessimistic about obtaining hypothesis tests of the correct size, particularly with few groups. We provide Monte Carlo evidence for three points: (i) it is possible to obtain tests of the...
Persistent link: https://www.econbiz.de/10010328984