Facts and figures about UK taxes, benefits and public spending.
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Slides, video clips and interactive tools.
Analysing government fiscal forecasts and tax and spending.
Analysis of the fiscal choices an independent Scotland would face.
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Reforming the tax system for the 21st century.
A peer-reviewed quarterly journal publishing articles by academics and practitioners.
The theoretical effects of labour regulations such as employment protection legislation (EPL) on innovation is ambiguous, and empirical evidence has thus far been inconclusive. EPL increases job security and the greater enforceability of job contracts may increase worker investment in innovative activity. On the other hand EPL increases adjustment costs faced by firms, and this may lead to under-investment in activities that are likely to require adjustment, including technologically advanced innovation. In this paper we find empirical evidence that both effects are at work - multinational enterprises locate more innovative activity in countries with high EPL, however they locate more technologically advanced innovation in countries with low EPL.This research is forthcoming in the Review of Economics and Statistics.
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Recent IFS Working Papers
The measurement of household consumption expenditures
We review different ways in which data on consumer expenditures can be collected or captured
Can survey participation alter household saving behavior?
We provide novel evidence of survey effects on a central life-cycle choice: household saving.