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  1. The cost of living crisis
    a pre-Budget briefing
    Published: [2023]
    Publisher:  Institute for Fiscal Studies, London

    The recent surge in inflation, driven by spectacular increases in energy prices, has driven sharp falls in household living standards, huge government intervention to try to mitigate it, and serious policy headaches. As such it continues to be the... more

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    The recent surge in inflation, driven by spectacular increases in energy prices, has driven sharp falls in household living standards, huge government intervention to try to mitigate it, and serious policy headaches. As such it continues to be the backdrop behind many of the most pressing issues that will face Chancellor Hunt when he delivers his first Budget on 15 March. This short report analyses the latest outlook for inflation, how this varies across households and is impacted by the government's interventions on consumer energy prices, and the resulting effects on real earnings and benefit levels.

     

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    Source: Union catalogues
    Contributor: Payne, Judith (HerausgeberIn)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781801031264
    Other identifier:
    hdl: 10419/282932
    Series: IFS report ; R245
    Subjects: Consumption and prices; Poverty, inequality and social mobility; Spring Budget 2023; Inflation; Inequality; Pay
    Scope: 1 Online-Ressource (circa 26 Seiten), Illustrationen
  2. Living standards, poverty and inequality in the UK
    2022, Living standards, poverty and inequality in the UK : 2022 / Jonathan Cribb, Tom Waters, Thomas Wernham, Xiaowei Xu ; copy-edited by Judith Payne
    Published: [2022]
    Publisher:  Institute for Fiscal Studies, London

    This report examines how material living standards - most commonly measured by households' incomes - have changed for different groups in the UK, and the consequences that these changes have for income inequality and for measures of deprivation and... more

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    This report examines how material living standards - most commonly measured by households' incomes - have changed for different groups in the UK, and the consequences that these changes have for income inequality and for measures of deprivation and poverty. This is the 22nd annual report published by IFS authors on living standards, poverty and inequality in the UK since the annual reports started in 2001. In this report, we focus on two particular issues. First, we look at how the distribution of household income changed during the first year of the COVID-19 pandemic. Second, we use pre-pandemic data on child poverty and material deprivation to examine the situation facing poor families with children prior to the pandemic.

     

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    Source: Union catalogues
    Contributor: Payne, Judith (HerausgeberIn)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781801030786
    Other identifier:
    hdl: 10419/264467
    Parent title: Living standards, poverty and inequality in the UK - Show all bands
    Series: IFS report ; R215
    Subjects: Poverty; inequality and social mobility; Savings; pensions and wealth; Poverty; Living standards; Inequality; COVID-19; Wealth
    Scope: 1 Online-Ressource (circa 78 Seiten), Illustrationen
  3. Trends in income and wealth inequalities
    Published: 2022
    Publisher:  Institute for Fiscal Studies, London

    This chapter brings together trends in inequalities in income, wealth and, to a limited extent, consumption in the United Kingdom, with a focus on trends until the onset of the COVID-19 pandemic. more

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    This chapter brings together trends in inequalities in income, wealth and, to a limited extent, consumption in the United Kingdom, with a focus on trends until the onset of the COVID-19 pandemic.

     

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    Source: Union catalogues
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781801031066
    Other identifier:
    hdl: 10419/282915
    Series: Re.IFS ; 228
    Inequality
    Subjects: Poverty, inequality and social mobility; Inequality; Wealth; Pay
    Scope: 1 Online-Ressource (circa 135 Seiten), Illustrationen
    Notes:

    Zählung der Schriftenreihe von der DOI-Angabe der Frontdoor übernommen

  4. The distributional and employment impacts of nationwide minimum wage changes
    Published: [2021]
    Publisher:  Institute for Fiscal Studies, [London]

    We estimate the effect of the introduction of the UK’s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation in minimum wage rates. We... more

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    We estimate the effect of the introduction of the UK’s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation in minimum wage rates. We effectively compare employment changes in each part of the wage distribution in low-wage areas to employment changes among similar workers living in higher-wage areas who are less exposed to increases in the national minimum wage because their nominal wages are further above it. We find substantial positive wage effects, including statistically significant spillovers up to around the 20th percentile of wages. Overall we find small negative effects on employment which are not statistically significant. We combine these estimates with a tax and benefit microsimulation model to estimate the impact on household incomes. The largest gains go to the middle of the overall working-age income distribution, though they are more concentrated within the bottom third if we consider only households with someone in paid work. The gains to poorer working households are limited by the withdrawal of means tested benefits as earnings increase. Effects of minimum wages on household incomes are very sensitive to the size of employment effects.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/254249
    Series: Working paper / lnstitute for Fiscal Studies ; 21, 48
    Subjects: minimum wage; labor demand; income inequality; poverty
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  5. Inequality and the Covid crisis in the United Kingdom
    Published: [2022]
    Publisher:  Institute for Fiscal Studies, [London]

    We review the effects on the Covid-19 pandemic on inequalities in education, the labour market, household living standards, mental health, and wealth in the UK. The pandemic has pushed up inequalities on several dimensions. School closures particular... more

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    We review the effects on the Covid-19 pandemic on inequalities in education, the labour market, household living standards, mental health, and wealth in the UK. The pandemic has pushed up inequalities on several dimensions. School closures particular disrupted the learning of poorer children, leading to lower attainment. Mental health worsened for those groups (women and younger adults) who had poorer mental health pre-pandemic. Lockdowns and social distancing particularly reduced the ability of younger, lower-earning, and less educated people to work. However, job-support programmes combined with the expanded welfare system meant that, if anything, disposable income inequality fell. Rising house prices have benefited people in particular around the middle of the wealth distribution. In the longer term, lower work experience for the less educated and missed schooling could push up some inequalities. Increased rates of working from home seem likely to persist which may increase some inequalities and decrease others.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/254251
    Series: Working paper / lnstitute for Fiscal Studies ; 22, 01
    Subjects: inequality; Covid-19 pandemic; education; living standards; wealth
    Scope: 1 Online-Ressource (circa 59 Seiten), Illustrationen
  6. Living standards, poverty and inequality in the UK
    2021, Living standards, poverty and inequality in the UK: 2021 / Jonathan Cribb, Tom Waters, Thomas Wernham, Xiaowei Xu ; copy-edited by Judith Payne
    Published: [2021]
    Publisher:  Institute for Fiscal Studies, London

    This report examines how household incomes were changing in the UK up to the eve of the COVID-19 pandemic, and how other measures of household living standards have changed over the course of the pandemic. In particular, we use the latest official... more

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    This report examines how household incomes were changing in the UK up to the eve of the COVID-19 pandemic, and how other measures of household living standards have changed over the course of the pandemic. In particular, we use the latest official data covering years up to 2019-20 to provide a comprehensive picture of UK household incomes before the pandemic hit. We subsequently use more recent data to examine how the pandemic and associated restrictions on economic activity have radically affected the scope for people to earn an income in the labour market, and what the implications of the pandemic have been for measures of household deprivation. We look at how different groups have fared, with a focus on low-income households, both before and during the pandemic.

     

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    Source: Union catalogues
    Contributor: Payne, Judith (HerausgeberIn)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781801030465
    Other identifier:
    hdl: 10419/264452
    Parent title: Living standards, poverty and inequality in the UK - Show all bands
    Series: IFS report ; R194
    Subjects: Armut; Lebensstandard; Einkommensverteilung; Soziale Ungleichheit; Großbritannien
    Scope: 1 Online-Ressource (circa 109 Seiten), Illustrationen
  7. Living standards, poverty and inequality in the UK
    2023, Living standards, poverty and inequality in the UK : 2023 / Sam Ray-Chaudhuri, Tom Waters, Thomas Wernham, Xiaowei Xu ; copy-edited by Judith Payne
    Published: [2023]
    Publisher:  Institute for Fiscal Studies, London

    We investigate how living standards have changed for different groups in the UK, with a particular focus on the cost of living payments and housing. more

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    We investigate how living standards have changed for different groups in the UK, with a particular focus on the cost of living payments and housing.

     

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    Source: Union catalogues
    Contributor: Payne, Judith (HerausgeberIn)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781801031417
    Other identifier:
    hdl: 10419/282944
    Parent title: Living standards, poverty and inequality in the UK - Show all bands
    Series: IFS report ; R265
    Subjects: Consumption and prices; Employment and income; Poverty, inequality and social mobility; Taxes and benefits; Benefits; Consumer behaviour; COVID-19; Distributional effects; Housing; Inequality; Living standards
    Scope: 1 Online-Ressource (circa 88 Seiten), Illustrationen
  8. Characteristics and consequences of families with low levels of financial wealth
    Published: [2023]
    Publisher:  Institute for Fiscal Studies, London

    Many families have little or no savings to access on a 'rainy day'. We examine the types of families with low savings and what the consequences are. more

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    Many families have little or no savings to access on a 'rainy day'. We examine the types of families with low savings and what the consequences are.

     

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    Source: Union catalogues
    Contributor: Payne, Judith (HerausgeberIn)
    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9781801031356
    Other identifier:
    hdl: 10419/282939
    Series: IFS report ; R259
    Subjects: Savings, pensions and wealth; Distributional effects; Family; Inequality; Living standards; Savings; Wealth
    Scope: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  9. Housing quality and affordability for lower-income households
    Published: 2023
    Publisher:  Institute for Fiscal Studies, London

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    DS 422
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/282940
    Series: IFS report ; R260
    Subjects: Wohnsoziologie; Armut; Lebensstandard; Einkommensverteilung; Großbritannien
    Scope: 1 Online-Ressource (circa 24 Seiten), Illustrationen
  10. Twenty-five years of income inequality in Britain
    the role of wages, household earnings and redistribution
    Published: [2022]
    Publisher:  Institute for Fiscal Studies, [London]

    We study earnings and income inequality in Britain over the 25 years prior to the COVID-19 pandemic. We focus on the middle 90% of the income distribution, within which the gap between top and bottom in 2019-20 was essentially the same as a... more

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    DS 141
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    We study earnings and income inequality in Britain over the 25 years prior to the COVID-19 pandemic. We focus on the middle 90% of the income distribution, within which the gap between top and bottom in 2019-20 was essentially the same as a quarter-century earlier. We show that this apparent stasis is in fact the net effect of various mutually offsetting changes which are important in their own right. The proportion of working-age households with no one in paid work has been falling for most of the period, reducing inequalities in household labour income across the working-age population. Between the mid 1990s and the Great Recession, however, the gap in earnings between low-earning working households and higher-earning working households was rising, due in part to an increasing tendency for low-wage men to work part-time. But increasing fiscal redistribution kept the gap in disposable income between those same households roughly constant, while also closing the gap between the incomes of workless households and the rest. Together with the falls in worklessness, this was sufficient to achieve some decline in income inequality across the middle 90% of the distribution. In the past decade, key trends turned around. Household earnings inequalities reversed direction, as hours of work for low-wage men stopped falling and hourly wage growth was strongly progressive for both men and women - in part due to a rising minimum wage. Yet household disposable income inequalities also reversed, in the opposite direction, due to large cuts to working-age income-related transfers.

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/267943
    Series: Working paper / lnstitute for Fiscal Studies ; 22, 12
    Subjects: inequality; labour market; redistribution
    Scope: 1 Online-Ressource (circa 53 Seiten), Illustrationen