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: IFS Briefing Notes
Authors: James Browne
We are used to our incomes rising over time. Since 1961, median (middle) household income before housing costs in the UK has increased by 1.6% per year on average. So over a typical three year period real incomes would rise by about 5%. However, our best estimate is that in the three years from 2008 to 2011 real household incomes will in fact have fallen by 1.6% - the biggest three year drop in real living standards since 1980-83. So households are about 6% worse off than they might have expected had incomes risen in the normal way.
View all IFS Briefing Notes in the series
Recent IFS Briefing Notes
Gluttony in England? Long-term change in diet
There has been a marked increase in body weight across much of the developed world. This has taken place, even though data suggest that there has not been an increase in calories consumed. This leads to a puzzle. If calories are declining, why are people gaining weight?
Food expenditure and nutritional quality over the Great Recession
In this briefing note, we document how the food purchases of households in the UK have changed over the recent period of recession and food price rises.
Taxing an Independent Scotland
This Briefing Note looks at the way that tax revenue in Scotland is currently delivered and at the reform options that would be open to an independent Scotland.