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Publication types
Employment   The increased adoption of means-tested benefits and tax credits in the UK and elsewhere has refocused employment policy on creating incentives for lower-skilled individuals to gain and retain employment. This has been the subject of increased attention in our research.

Ageing of the population has also focused attention on incentives for early retirement in the benefit and pension systems. Quantifying their impact is essential in designing effective policy and evaluating policy reform. IFS has carried out extensive modelling of labour supply decisions, and these models are being developed further to address important new tax, benefit and pension policy questions.

There are three main areas where further development is planned. First, labour supply decisions within the family. This area is particularly relevant given the growing importance of in-work benefits and childcare subsidies. Second, incentives in the tax and welfare system for employment retention and earnings enhancement once in the labour market. This is closely allied to the issue of wage progression and our research on human capital accumulation. Third, labour supply decisions for older workers and the complex interactions between early retirement incentives in pension systems, incapacity benefit rules and working opportunities for older people.

Research projects
Date started: 01 June 2013
This programme of work uses household survey data to examine the likely financial circumstances and behaviour of people during retirement.
Date started: 01 February 2012
Researchers at IFS monitor the changes in inequality across the population.
Date started: 01 January 2012
The aim of this project, which is jointly funded by the NAPF and ESRC, is to examine, theoretically and empirically, some key questions relating to individual engagement with the annuity market. This programme of work focuses on the decumulation stage of pension saving – in particular, examining annuitisation decisions – which has been relatively under-researched compared to the accumulation phase.
Date started: 01 January 2012
This programme of work examines some of the challenges and opportunities created by the ageing population in the UK.
Date started: 11 April 2011
The objectives of this project is to study how individuals' labour supply is affected by the structure of the tax and benefit system and to what extent the different work patterns observed in France, the UK and the US (and how these have changed over time) can be explained by the different tax and benefit structures. The project aims at using household data sets and microsimulation models of tax and benefit systems in a comparable manner across these three countries.
Date started: 01 April 2010
This theme is concerned with transitions both within the compulsory education phase and beyond.
Date started: 01 November 2009
Changes to participation and marginal tax rates, and changes in employment and labour supply will be described, and the changes will be placed in the context of the significant changes to the tax system in the 1980s.
Date started: 17 November 2004
The principal work on this project has been undertaken by Emma Chamberlain and Professor Judith Freedman.
Date started: 01 May 2004
This project investigates the nature of retirement saving. In particular we make use of the English Longitudinal Survey of Ageing to examine the determinants of retirement saving and retirement ages.
Date started: 01 May 2004
The project will estimate the impact of an extension of the National Minimum Wage to 16 and 17 year olds on their labour market and education choices.
Date started: 01 May 2004
The objective of this project is to evaluate a forthcoming pilot scheme for reforms to incapacity benefit.
Date started: 01 May 2004
This project is being co-ordinated through RAND in California and brings together a large international group of researchers. By using new data and a number of different modeling approaches it aims to improve understanding of retirement decisions particularly considering what makes people reduce their work effort later in life than we have to date.
Date started: 01 May 2004
Preparation and presentation of a paper at an ESRC seminar on Pensions, Pensioners and Pensions Policy to also include brainstorming sessions, writing the research booklet and fielding any associated media enquiries.
Date started: 01 May 2004
The centre for economic research on ageing gathers together IFS research about ageing and will take it forward on a coherent basis, targeting the research towards the big policy questions in the economics of ageing. At the heart of the centre is the analysis, and design, of individual level data on all aspects of later life, including economic and social position, health and cognitive function.
Date started: 01 May 2004
This project investigates the extent of constraints on desired hours of work within jobs and the degree of flexibility of the labour market for a sample of women.
Date started: 01 April 2004
Health inequalities among the older population have important implications for a range of policy issues as our population continues to age.
Date started: 01 April 2004
Working with the Department of Epidemiology and Public Health at UCL this project aims to show how pension arrangements and incentives relate to other individual circumstances such as income, wealth, broader measures of socio-economic position, physical and mental health and functioning, the nature of work and leisure activities and family circumstances.
Date started: 01 January 2004
This research involved some secondary analysis of data from the English Longitudinal Study of Ageing (ELSA) to allow the Pensions Commission to carry out comparisons of a MORI survey with the ELSA data, to provide additional information on the pensions arrangements of LSA respondents and to provide additional information on the expectations of ELSA respondents.
Date started: 01 January 2004
While hedonic models have been used for decades to analyse labour markets, one aspect of the labour market has been neglected.
Date started: 01 January 2004
This strand of research is developing models of life-cycle consumption, labour supply and savings with fixed costs of labour force participation and other such fixed costs.
Date started: 01 November 2003
The research develops models of life-cycle consumption, labour supply and savings with fixed costs of labour force participation and other non-convexities. These non-convexities have important impacts on household intertemporal decision problems because they result in households making choices about consumption, labour force participation, and housing tenure that exhibit discrete jumps in response to changes in the economic environment.
Date started: 01 October 2003
The Employment Retention and Advancement (ERA) Demonstration is testing a new strategy for improving job retention and advancement of individuals who are either already employed in low paying jobs or who have newly entered work from benefits.
Date started: 01 September 2003
This work examines in some detail the Departments new pension simulation model looking at the assumptions that underpin the model and considering how it might be improved.
Date started: 01 September 2003
This research, which is performed in cooperation with the IMF, provides an analysis of the Russian income tax reform of 2001. This reform introduced a flat-rate income tax system. We analyse both its effects on labour supply and on tax compliance.
Date started: 01 January 2003
Current research is looking at changes in wealth in the over 50 population and continuing to look at consumption around retirement in order to understand the adequacy of retirement saving.
Date started: 01 January 2003
Research in this area has focused on policy design issues arising from recent announcements, and in particular, ISAs and Stakeholder Pensions, Pension Credit, MIG and State Second Pension. Current research continues to look at general and specific issues in pension policy, particularly in the light of the recent Green Paper.
Date started: 01 September 2002
This work updates earlier research looking at the proposals for the Pension Credit.
Date started: 01 October 2001
Centre for the Microeconomic Analysis of Public Policy (CPP)
Date started: 01 May 2001
The English Longitudinal Study of Ageing is an exciting new study, the aim of ELSA is to become an interdisciplinary data resource on health, economic position and quality of life as people age.
Date started: 20 March 1994
PEUK is a forum for UK-based academic economists and policy makers interested in the broad area of applied theoretical and empirical analysis of public policy to meet and to exchange ideas.