We document the evolution of average incomes, poverty and inequality over the period of Labour government from 1997 to 2010, comparing these trends with those seen over other periods in recent history. We also relate these changes to Labour’s stated distributional objectives, which we argue...

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...