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Persistent link: https://www.econbiz.de/10008903975
Average real UK household income has almost doubled over the past forty years. With four decades of micro-data on household incomes, and relatively simple decomposition methods, we document the contribution to this growth in the mean net household income of working-age households from different...
Persistent link: https://www.econbiz.de/10009528831
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In this paper we look at lifetime inequality to address two main questions: How well does a modern tax system, based on annual information, target lifetime inequality? What aspects of the tranfser system are most progressive from a lifetime perspective? To answer to these questions it is crucial...
Persistent link: https://www.econbiz.de/10010237142
This paper uses the UK module of EUROMOD to examine the likely impact of Universal Credit (UC) on the incomes and work incentives of families containing NMW workers ("NMW families"). It in part updates previous work done for the Low Pay Commission (Brewer, May and Phillips, 2009). The analysis...
Persistent link: https://www.econbiz.de/10010498390
This paper examines the likely impact of Universal Credit on the incomes and work incentives of single parent families. Using the UK module of EUROMOD (version F6.20), we also simulate how single parents' household income, and their work incentives, would change following adjustments to the...
Persistent link: https://www.econbiz.de/10010498391
We analyse income inequality in Great Britain over the period 1968-2009 in order to understand why income inequality rose very rapidly over the period 1978-91 and then stopped rising. We find that earnings inequality has risen fairly steadily since 1978, but other factors that caused inequality...
Persistent link: https://www.econbiz.de/10009583730
Persistent link: https://www.econbiz.de/10011494693
This Briefing Note provides an analysis of the characteristics of high-income individuals and how their incomes have evolved over time. We begin by setting out recent trends in overall income inequality and why these lead us to focus on the pattern of income growth at the very top of the income...
Persistent link: https://www.econbiz.de/10013015674
Average UK household income has almost doubled in real terms over the past forty years. This report asks 'From where has the growth in household income come?' and answers this by documenting and analysing the various factors that have contributed to this growth
Persistent link: https://www.econbiz.de/10013015678