Facts and figures about UK taxes, benefits and public spending.
Income distribution, poverty and inequality.
Analysing government fiscal forecasts and tax and spending.
Analysis of the fiscal choices an independent Scotland would face.
Case studies that give a flavour of the areas where IFS research has an impact on society.
Reforming the tax system for the 21st century.
A peer-reviewed quarterly journal publishing articles by academics and practitioners.
A paper by IFS researchers, produced in 2004 with funding from the Centre for Microeconomic Analysis of Public Policy at IFS has been included in a special anniversary edition of the Journal of the European Economic Association.
This special 10th Anniversary Virtual Issue hosts a sample of some of the most impactful research published by JEEA. These include three "classical" contributions: Frank Smets and Raf Wouters ("An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area", published in 2003, ca. 2200 Google Scholar citations) is a milestone methodological article combining a rigorous microfoundation of the behavioral equations of macro models with an estimation strategy; Jean-Charles Rochet and Jean Tirole ("Platform Competition in Two-Sided Markets", also published in 2003, ca. 1200 Google Scholar citations) study markets with two-sided network externalities, where economic value is created by interactions or transactions between pairs of end users, e.g., buyers and sellers for credit cards; Daron Acemoglu, Philippe Aghion and Fabrizio Zilibotti ("Distance to Frontier and Economic Growth", published in 2006, ca. 870 Google Scholar citations) analyze the role of appropriate institutions, in particular industrial policy, at different stages of the development process.
The selection also covers important macroeconomic papers on fiscal policy and economic fluctuations, highly topical in the current world recession: Alberto Alesina, Felipe Campante and Guido Tabellini (2008) provide an explanation for why fiscal policy tends to be procyclical; Jordi Gali and David Lopez Salido (2007) study the effect of government spending on private consumption; James Stock and Mark Watson (2005) analyze changes in international business cycle dynamics; in a more recent empirical study, Thomas Laubach documents the effect of government deficit and debt on long-term interest rates. Finally, we selected some high-impact articles in areas where JEEA has published and continues to publish important contribution, such as program evaluation (see Richard Blundell, Monica Costa Dias and Costas Meghir, 2004), behavioral economics, and in particular trust and incentives (see Ernst Fehr and John List, 2004), and culture and institutions (see Guido Tabellini, 2010, recently awarded the Hicks-Tinbergen Medal 2012).
Macroeconomics, political economy, institutions, behavioral economics and structural econometrics continue to be core areas in which JEEA publishes excellent papers. The journal is also currently attracting excellent submissions in applied econometrics, cultural economics, economics of conflict, economics of developing and emerging markets, economics of information, economic theory, field experiments, financial economics, industrial organization, interrnational economics, labor economics.