About the IFS

The Institute for Fiscal Studies was founded in 1969. Established as an independent research institute, IFS was launched with the principal aim of better informing public debate on economics in order to promote the development of effective fiscal policy. Through the establishment of rigorous independent research, for example the IFS Green Budget and Post Budget analysis, IFS successfully opened up debate about public policy to a wider audience and influenced policy decision making.

Today, IFS is Britain’s leading independent microeconomic research institute. Its research remit is one of the broadest in public policy analysis, covering subjects from tax and benefits to education policy, from labour supply to corporate taxation. Our research not only has an impact on policy makers, think tanks and practitioners, it has also gained a worldwide reputation for academic rigour, and contributes to the development of academic scholarship. We communicate our research widely on a national and international scale, providing independent advice to policy makers in the UK, Europe and in developing countries; collaborating with world renowned academics on new economic theories and techniques; and disseminating our research globally through the press, media and the web.

IFS is host to the ESRC Centre for the Microeconomic Analysis of Public Policy which analyses fiscal policy to determine its effects on households and companies. The Centre’s work covers the full extent of policy impact, investigating the ways in which policies influence human capital investments, work and occupational choice, firm behaviour, saving and retirement decisions, consumer choices and the public finances.


Professor Sir Richard Blundell, Director of CPP, receives Erwin Plein Nemmers Prize in Economics

Richard Blundell, Director of CPP, is being awarded the Erwin Plein Nemmers Prize in Economics for his important contributions to labour economics, public finance and applied econometrics.

Statement by the Nemmers Committee:

Blundell’s research covers the empirical microeconomic study of consumer, savings and labor supply behavior.

He has developed micro-data based models for intertemporal decisions over labour supply, human capital and consumption. Blundell also has analysed family labour supply behavior and the interaction between consumer and labour supply behavior, while developing new microeconometric tools for the study of dynamic panel data models and the nonparametric analysis of individual decisions.

Read the Committee's announcement here.

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IFS researchers present at RES conference

This year's Royal Economic Society conference features papers by a range of researchers from the IFS.

Director of the IFS research centre, the ESRC Centre for the Microeconomic Analysis of Public Policy (CPP), Professor Sir Richard Blundell, introduces the 2016 RES conference:

Plenary sessions

  • Richard Blundell is responding to Alan B. Krueger (Princeton) on 'Minimum wages'

Papers on IFS research include:

  • Jo Blanden, 'Understanding the improved performance of disadvantaged pupils in London', (with Ellen Greaves, Paul Gregg, Lindsey Macmillan and Luke Sibieta)
  • Barra Roantree, 'Adjustment costs and labour supply: evidence from bunching at tax thresholds in the UK' (with Stuart Adam, James Browne and David Phillips)
  • William Elming, 'Housing equity, saving and debt dynamics over the Great Recession' (with Andreas Ermler)
  • Gemma Tetlow, 'Private information and adverse selection in the market for annuities'
  • Bet Caeyers, Exclusion bias in the estimation of peer effects' (with Marcel Fafchamps)
  • Elaine Kelly, 'Divided by choice? Private providers, patient choice and hospital sorting in the English National Health Service' (with Walter Beckert)
  • Elisa Cavatorta, 'Quality, accessibility and the demand for health care in Nigeria' (with Wendy Janssens and Alice Mesnard)
  • George Stoye, 'Immigration and the use of public maternity services in England'
  • Rowena Crawford, 'The determinants of local police spending' (with Richard Disney and David Innes)
  • Laura Blow, 'Never mind the hyperbolics: nonparametric analysis of time-inconsistent preferences' (with Martin Browning and Ian Crawford)
  • Marcos Vera-Hernández, 'Monetary and non-monetary incentives for health workers retention: evidence from a large scale experiment in Nigeria' (with Marcus Holmlund and Pedro Rosa Dias)
  • Helen Miller, 'Firm level investment spikes: evidence from the UK’s Great Recession' (with Richard Disney and Thomas Pope)
  • Sofya Krutukova, 'Fetal origins of personality: effects of early life circumstances on adult personality traits' (with Helene Bie Lilleør)
  • Cormac O'Dea, 'Private pensions and public pension design'
  • Bansi Malde, 'Potential group size and the efficiency of informal risk sharing' (with Emla Fitzsimons, Bansi Malde and Marcos Vera-Hernández)


  • Bet Caeyers chairs Session 24: Econometrics: Networks and Peer Effects
  • Marco Vera-Hernández chairs: Session 30: Discrete Choice Modeling: Applications to Healthcare; and Session 86: Public service delivery in developing countries
  • Special Fiscal Studies session: Session 31: The Minimum Wage, chaired by Stephen Machin and organised by Eric French
  • George Stoye chairs: Session 39: Public Economics: Health 1
  • Helen Miller chairs Session 107: Macroeconomics: Credit Constraints
  • Sofya Krutukova chairs Session 114: Development Economics: Microeconomic Issues 2
  • Bansi Malde chairs Session 2: Development Economics: Credit Markets and Insurance 1

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Kate Smith: podcast about alcohol duties

In this podcast, Kate Smith talks about duties on alcohol to the Institute of Alcohol Studies.

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