We nowcast the economic effects of the Covid-19 pandemic and related lock-down measures in the UK and then analyse the distributional and budgetary effects of the estimated individual income shocks, distinguishing between the effects of automatic stabilisers and those of the emergency policy...

The UK, and other high-income countries, are experiencing substantial increases in living costs. Several overlapping and intersecting economic crises threaten physical and mental health in the immediate and longer term. Policy responses may buffer against the worst effects (e.g. welfare support)...

Using UKMOD, the UK tax-benefit microsimulation model, we analyse the impact on Londoners of the Covid-19 crisis, of the emergency policies put in place since March 2020 and of some counterfactual policy options, including the continuation of the £20 weekly uplift in Universal Credit and...

This report introduces a new version of UKMOD that uses the UK Household Longitudinal Study (UKHLS) data as its input dataset. UKHLS is a large panel survey with a sample of approximately 40,000 households in its first wave. UKHLS contains detailed income data and a wide range of demographic and...

In this note we explore the distributional effects of selected options for a Universal Basic Income (UBI) scheme in France.

Introduction: The UK social security system is being transformed by the implementation of Universal Credit (UC), which combines six existing benefits and tax credits into a single payment for low-income households. Despite extensive reports of hardship associated with the introduction of UC, no...

LABSim is a rich dynamic microsimulation model of individual and household life course events, which means that it simulates individual units over time and allows for individual characteristics to be changed according to the processes specified within the model. One of the key innovations in...