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The UK government's proposed package of tax and benefit changes to be introduced between 2015-16 and 2019-20 (those announced in fiscal events up to and including the July Budget) will reduce household incomes by £455 a year on average. However, this average figure disguises considerable...
Persistent link: https://www.econbiz.de/10011386899
Official data on the distribution of household incomes in the UK are available only with a significant lag: the latest statistics are for 2013-14. In this report, we use modelling techniques to provide a more up-to-date picture and to assess how things are likely to evolve in the coming years....
Persistent link: https://www.econbiz.de/10011439885
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This report presents projections of relative and absolute income poverty among children and working-age adults in every year to 2016-17, and in 2020-21. The aim is to estimate the implications for household incomes- and hence, income poverty- of what we know about tax and benefit policy and...
Persistent link: https://www.econbiz.de/10009780285
Persistent link: https://www.econbiz.de/10010234255
We assess comprehensively how incomes, employment, housing, mental health and life satisfaction change following a partnership dissolution, using data from 18 waves of BHPS. We confirm that women and children see living standards decline by more than men, on average, upon separation, but find...
Persistent link: https://www.econbiz.de/10010402539
Average real UK household income has almost doubled over the past forty years. With four decades of micro-data on household incomes, and relatively simple decomposition methods, we document the contribution to this growth in the mean net household income of working-age households from different...
Persistent link: https://www.econbiz.de/10009528831
Persistent link: https://www.econbiz.de/10011758228
Average UK household income has almost doubled in real terms over the past forty years. This report asks 'From where has the growth in household income come?' and answers this by documenting and analysing the various factors that have contributed to this growth
Persistent link: https://www.econbiz.de/10013015678
We analyse the UK policy response to Covid-19 and its impact on household incomes in the UK in April and May 2020, using microsimulation methods. We estimate that households will lose a substantial share of their net income (7% on average). As a proportion of income, the losses due to the crisis...
Persistent link: https://www.econbiz.de/10012831059