Carl Emmerson
Carl Emmerson
Deputy Director
Education:

M.Sc Economics, Birkbeck College, University of London, 1999
B.Sc Economics (1st Class Honours), London School of Economics and Political Science, University of London, 1996

Carl is Deputy Director of the Institute for Fiscal Studies and programme director of their work on direct taxes and welfare. He is an editor of the annual IFS Green Budget. His recent research includes analysis of the impact of the financial crisis and association recession, and the Government's response, on the UK's public finances. He has examined the effect of UK pension reforms on the public finances, retirement behaviour, labour market mobility, incentives to save and inequality, and has evaluated the large scale pilots of the Education Maintenance Allowance, the Pathways-to-Work reforms to incapacity benefits and the Saving Gateway matched savings vehicle. He has previously served as a specialist advisor to the House of Commons Work and Pensions Select Committee.

Will the welfare cap fit?

| Observations

The Office for Budget Responsibility's new Welfare Trends Report is a welcome development. It describes some of the key risks around their forecasts for benefit spending and, therefore, the factors that could lead to the Chancellor’s welfare cap being breached. Neither the welfare trends report nor the welfare cap are sufficient to improve policy making. If further welfare cuts are deemed to be appropriate then those cuts should be well argued and well designed, rather than simply those that are the quickest or politically easiest to achieve.

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