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.
|
Type: Journal Articles Authors: Robin Boadway and David Wildasin ISSN: Print: 0143-5671 Online: 1475-5890
Published in: Fiscal Studies, Vol. 15, No. 3, August 1994
Volume, issue, pages: Vol. 15, No. 3, pp. 19-63
The choice of how much of society's income to consume today and how much to save for future consumption is among the most important economic decisions. It can have implications not only for the well-being of the households taking the decisions, but also for the rate at which the economy invests and grows, and therefore the well-being of future generations. The way in which savings decisions are taken is a matter of ongoing research in the literature, involving such important and unresolved issues as the degree of foresight and rationality of households, the extent to which capital markets are complete and well functioning, the importance of life-cycle versus bequest versus precautionary motives for saving, and more generally the weight, if any, that current savers put on the welfare of future generations. Search |

