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...

We make two contributions to understanding the large shifts in occupational structure seen across developed countries. First, we estimate underlying prices on occupations, grouped by predominant task, using panel data from the UK and Germany. In both countries, price growth is positively...

We document a decline in mental well-being after the onset of the Covid-19 pandemic in the UK. This decline is twice as large for women as for men. We seek to explain this gender gap by exploring gender differences in: family and caring responsibilities; financial and work situation; social...

We examine self-reported productivity of home workers during lockdown using survey data from the UK. On average, workers report being as productive as at the beginning of the year, before the pandemic. However, this average masks substantial differences across sectors, by working from home...

Mental well-being has declined during the Covid-19 pandemic in several developed countries, and particularly in the UK. Given the resurgence of the disease in western Europe during autumn 2020 and concurrently increasing restrictions, we investigate the possible effect on well-being of a winter...

To reduce infection rates during the first UK wave of the COVID-19 outbreak, a first lockdown was announced on March 23, 2020, with a final easing of the restrictions on July 4, 2020. Among the most important public health costs of lockdown restrictions are the potential adverse effects on...

We examine reported productivity changes of workers over the course of the Covid-19 pandemic, which we validate against external metrics. On average, workers report being at least as productive as before the pandemic's onset. However, this average masks substantial heterogeneity, which is linked...

Subjective expectations about future policy play an important role in individuals’ welfare. We examine how workers’ expectations about pension reform vary with proximity to reforms, information cost, and aggregate information acquisition. We construct a new pan-European dataset of reform...