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Debates over living standards, poverty and inequality in the UK are often hampered by the fact that official data on household incomes are available only with a significant lag. Currently, the latest statistics are for 2015-16. In this report, we attempt to fill this gap by estimating what has...
Persistent link: https://www.econbiz.de/10012050987
It is now around a decade since the financial crisis that triggered the Great Recession of 2008-09. In many respects, the impacts of this recession on the living standards of UK households have been unusually severe. Median household income is now around 15% below its long-run trend, having...
Persistent link: https://www.econbiz.de/10012050988
Persistent link: https://www.econbiz.de/10012050989
The focus of this report is the distribution of household income in the UK. We assess the changes to average incomes, income inequality and poverty that occurred in the latest year of data (2014-15), and put these in historical context using comparable data spanning the last 50 years. The...
Persistent link: https://www.econbiz.de/10011757300
Debates over living standards, poverty and inequality in the UK are often hampered by the fact that official data on household incomes are available only with a significant lag. Currently, the latest statistics are for 2014-15. In this report, we attempt to fill this gap by estimating what has...
Persistent link: https://www.econbiz.de/10011757311
What explains the variation in how income changes as people age? Using household panel data, we investigate the contribution of different time-varying factors in explaining variation in income changes over prime working-age life (between 35-44 and 50-59). We find that demographic changes, such...
Persistent link: https://www.econbiz.de/10011786814
We study earnings and income inequality in Britain over the past two decades, including the period of relatively "inclusive" growth from 1997-2004 and the Great Recession. We focus on the middle 90%, where trends have contrasted strongly with the "new inequality" at the very top. Household...
Persistent link: https://www.econbiz.de/10011786839
How have household incomes evolved since the onset of the financial crisis? How has the gap between rich and poor changed? How have living standards changed over time for different parts of the population? How many people are in poverty and which groups are most likely to face poverty? Each...
Persistent link: https://www.econbiz.de/10011481180
Social housing providers - local authorities and housing associations - fulfil at least three functions: building housing, acting as landlord and delivering subsidised rent levels. This report focuses on the last of these. Specifically, we analyse the consequences for tenants, social housing...
Persistent link: https://www.econbiz.de/10011481184
Persistent link: https://www.econbiz.de/10006362608