This paper considers new ‘distributionally sensitive’ summary measures of wage differentials, not solely determined by “the average wage of the average person†but by differences across complete wage distributions. Considerations of risk or inequality aversion in the...

We explore the impact of unsustainable housing commitments on psychological well-being using data from the British Household Panel Survey. We test the hypotheses that (i) housing payment problems, housing arrears and the threat of eviction and repossession have adverse impacts on heads of...

"Inverse Generalized Lorenz" (IGL) curves of distributions of poverty gaps provide (i) succinct graphical summaries of the Incidence, Intensity and Inequality dimensions of poverty, and (ii) a means for checking for unanimous poverty orderings according to all "generalized poverty gap" poverty...

This short paper aims to contribute to the live debate about the current recession in the United Kingdom by analysing the impact of the recessions of the early 1980s and 1990s on non-employment patterns among people in the main range of working ages. The implication is that the effects observed...

This paper derives a model in which workers have firm-specific and industry-specific skills, and in each period there is a non-zero probability that a worker quits. This makes the private discount factor, used by firms in making decisions about hiring and training new workers and firing existing...

We suggest a new comprehensive measure of support given through tax-benefit systems to families with children. Using microsimulation techniques, this accounts for all provisions contingent on the presence of children, while usually only gross child/family benefits are considered. We use EUROMOD,...

The flat income tax has become increasingly popular recently, yet its implementation is limited to Eastern Europe. We analyse the distributional and efficiency e¤ects of flat tax scenarios for Western European countries. Our simulations show that flat tax rates required to attain revenue...

A common finding in analyses of geographic mobility is a strong association between past movement and current mobility, a phenomenon that has given rise to the so called ‘mover-stayer model’. We argue in this paper that one of the driving forces behind this heterogeneity is the...

Using the British Household Panel Survey we examine how the Big Five personality traits - openness to experience, conscientiousness, extroversion, agreeableness, and neuroticism - affect wages. We estimate mean and quantile pay gaps between people with low and high levels of each of the Big...