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.
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.
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.
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.
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.
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.
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.
Centre for the Microeconomic Analysis of Public Policy (CPP)
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.
The overall aim of this project was to investigate the trends in inequality in Britain in the 1990s and beyond, looking at what can be learned both from patterns of household income and expenditure.