[...]This paper begins by discussing poverty trends on a global scale -- where the poor are located in the world and how their numbers have been changing over time. It then discusses the relationship of economic growth and income distribution to poverty reduction. Finally, it suggests an...

[...]The New York City Social Indicators Survey (SIS)project represents one effort to track the consequences ofpolicy reform and devolution for inequality and well-beingin the largest and most diverse city in the United States.The project uses a telephone survey to collect data from arepeated...

[...]In this study, we use recent historical evidence toexplore one dimension of the broad relationship betweenmarket returns and mutual fund flows: the effect of shorttermmarket returns on mutual fund flows. Research onthis issue has already confirmed high correlations betweenmarket returns and...

Traditional theories of the origins of the welfare state have emphasized the financial weakness of Britain’s largest provider of mutual insurance in the late 19th century, the friendly societies. These theories share common implications with contemporary theories of institutional change...

The size and strength of the Royal Navy experienced a punctuated evolution into the largest and most powerful Navy in the world by 1815.Most historians tend to represent its superiority in conflicts at sea as an indication of several factors that would be conceptualized by economists as...

The government’s pensions Green Paper – A new contract for welfare:partnership in pensions – proposes fundamental changes to the UK’sretirement income system. Members of CASE and of the Department ofSocial Policy at LSE have looked at the likely implications of the reformsfor pensioner...

The Lisbon summit of the European Council in March 2000 declared the number ofpeople living in poverty and social exclusion in the European Union to beunacceptable, and called for steps to tackle the issue, beginning with the setting oftargets for particular indicators. The targets suggested...

The Personal Responsibility and Work Opportunity Reconciliation Act(PRWORA) of 1996 represents a dramatic change in the US welfare state.One of its key goals was to move lone mothers, even those with youngchildren, from welfare to work. Early evidence suggests that, in concertwith a strong...

Economic evaluation has an important role in helping to make decisionsabout the use of scarce resources in an explicit and rational manner, yeteconomic evaluation is not well-developed in many areas of socialwelfare. This paper looks at the reasons for this, focusing on whateconomists could do...

This paper takes as its starting point Henry Neuburger’s injunction that taxationmust be seen as a contribution to the maintenance of the welfare state, not as adead-weight burden. It sets recent developments in the UK tax ratio in thecontext of changes in public spending, particularly on...