This paper presents some preliminary findings from Wave 5 of the Innovation Panel (IP5) of Understanding Society: The UK Household Longitudinal Study. Understanding Society is a major panel survey in the UK. In February 2012, the fifth wave of the Innovation Panel went into the field. IP5 used a...

To date, face-to-face interviewing has been the primary mode of data collection for Understanding Society. There may be advantages in instead collecting data online where possible. Primarily, this should bring a reduction in data collection costs. There are, however, concerns that response rates...

This paper presents some preliminary findings from the Wave 4 Innovation Panel (IP4) of Understanding Society: The UK Household Longitudinal Study. Understanding Society is a major new panel survey for the UK. In March 2011, the fourth wave of the Innovation Panel was fielded. This paper...

This paper presents some preliminary findings from the Wave 3 Innovation Panel (IP3) of Understanding Society: The UK Household Longitudinal Study. Understanding Society is a major new panel survey for the UK. In April 2010, the third wave of the Innovation Panel was fielded. This paper...

The aim of this paper is to understand what a recession means for individual consumers, and to model in a life-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in the current and recent recessions. We show...

The aim of this paper is to understand what a recession means for individual consumers, and to model in a life-cycle framework how individuals respond to recessions. Our focus is on the sharp increase in savings rates that have been observed in the current and recent recessions. We show...

This paper examines trends in household consumption and saving behaviour in each of the last three recessions in the UK. The 'Great Recession' has been different from those that occurred in the 1980s and 1990s. It has been both deeper and longer, but also the composition of the cutbacks in...