ESRC Centre for the Microeconomic Analysis of Public Policy (CPP) at IFS

The ESRC Centre for Microeconomic Analysis of Public Policy is central to the research carried out and disseminated by IFS. The IFS as a whole seeks to carry out empirical microeconomic work of the highest quality and relevance, and to impact on policy and the public debate.   CPP logo

The ESRC Centre is fundamental to the Institute’s success. It provides the long-term funding that allows IFS to carry out groundbreaking independent research in economics and microeconometrics, and to invest in developing a unique range of models and datasets. It is only through ESRC Centre funding that the IFS is able to maintain the combination of impartiality, rigour and authority which are essential if we are to continue to achieve wide-ranging impact on policy and to inform the public debate. It ensures that any evidence given at a select committee, appearance on broadcast media or briefing to ministers or industry leaders is underpinned by deep, unbiased intellectual foundations.

 

The Centre has received funding from the ESRC for five years from autumn 2015. A launch event was held on Friday 15 October.

 

Centre funding contributes to the website, Microeconomic Insights, which is a home for accessible summaries of high quality microeconomic research which informs the public about microeconomic issues that are, or should be, in the public’s eye.

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Wealth and mortality at older ages: a prospective cohort study

| Journal Articles

BACKGROUND: Despite the importance of socioeconomic position for survival, total wealth, which is a measure of accumulation of assets over the life course, has been underinvestigated as a predictor of mortality. We investigated the association between total wealth and mortality at older ages. METHODS: We estimated Cox proportional hazards models using a sample of 10 305 community-dwelling individuals aged ≥50 years from the English Longitudinal Study of Ageing. RESULTS: 2401 deaths were observed over a mean follow-up of 9.4 years. Among participants aged 50-64 years, the fully adjusted HRs for mortality were 1.21 (95% CI 0.92 to 1.59) and 1.77 (1.35 to 2.33) for those in the intermediate and lowest wealth tertiles, respectively, compared with those in the highest wealth tertile. The respective HRs were 2.54 (1.27 to 5.09) and 3.73 (1.86 to 7.45) for cardiovascular mortality and 1.36 (0.76 to 2.42) and 2.53 (1.45 to 4.41) for other non-cancer mortality. Wealth was not associated with cancer mortality in the fully adjusted model. Similar but less strong associations were observed among participants aged ≥65 years. The use of repeated measurements of wealth and covariates brought about only minor changes, except for the association between wealth and cardiovascular mortality, which became less strong in the younger participants. Wealth explained the associations between paternal occupation at age 14 years, education, occupational class, and income and mortality. CONCLUSIONS: There are persisting wealth inequalities in mortality at older ages, which only partially are explained by established risk factors. Wealth appears to be more strongly associated with mortality than other socioeconomic position measures.

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IFS is recruiting for an Events and Membership Manager and a Research Economist / Tax and Benefit Modeller

Events and Membership Manager

Salary: £34,000- £40,000; the wide salary range reflects our flexibility and ability to tailor the role to suit excellent candidates of different levels of experience.

Closing date: 8 June 2016

The IFS is looking for someone to promote the Institute and its research to key audiences and engage them with our work through the successful design and delivery of a large events programme and to manage and develop the IFS corporate membership programme, engaging with key stakeholders through events, emails and newsletters.

Research Economist / Tax and Benefit Modeller

Salary: £45,000

Closing date: 20 June 2016

The IFS is looking for a Research Economist to lead and manage improvements and extensions to the IFS’s tax and benefit micro-simulation model (TAXBEN).

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Conference

The early years: child well-being and the role of public policy

Date:
- | 09:00 - 17:30
Location: The British Academy

The "The early years: child well-being and the role of public policy" conference will be held on 9 and 10 June 2016 at the British Academy. The focus of the conference will be on lessons that can be learned from the literature on the early years, their long term consequences, and the potential role for policy.

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