This report looks at some of the economic issues surrounding the current system of alcohol taxes in the UK and considers how far current taxes on alcohol are sustainable as European integration proceeds.
The consumption of utilities (for example, energy and water), along with that of other goods such as food, clothing, shelter, health and education, is often thought of as something that has particular distributional significance.
In this paper we examine the concept of intergenerational mobility in earnings and in lifetime or 'permanent' status, and discuss its measurement using regression and quantile transition matrix approaches.
A new procedure for measuring horizontal inequity and vertical equity in the income tax is proposed, for which the "equals" under the tax law are socioeconomic groups, and the equal treatment norm is a command that, for equity, these groups should face the same tax schedule.
We argue that once one departs from simple classroom example, or 'stripped down life-cycle model', the empirical model for consumption growth can be made flexible enough to fit the main features of the data.
Two competing explanations of the UK consumer boom in the late 1980s are the financial liberalisation-imperfect housing market hypothesis of Muellbauer and Murphy and the expectations hypothesis of King. The authors use 15 years of Family Expenditure Surveys, and cohort analysis, to investigate to what extent these two hypotheses agree with observed changes in consumption patterns.
This report provides, for the first time ever, a consistently defined picture of living standards in the UK over the last three decades. Looking in detail at patterns in income inequality, and at the changing fortunes of the richest and the poorest, this report puts the trends of the 1980s into the context of 30 years.
The only circumstance under which one can speak accurately about <i>the</i> cost-of-living index is one in which household expenditure patterns do not vary.
