Living standards

Living standards

Showing 561 – 580 of 626 results

Publication graphic

Rewarding saving and alleviating poverty? The final pension credit proposals

Report
In Autumn 2001, the government finalised its proposals for the introduction of the Pension Credit in 2003. Since the initial plans, the Government has significantly changed the way in which pensioners' savings will be treated by the new benefit, and has also decided to couple the reform to significant increases in the generosity of housing benefit for pensioners. This paper updates earlier IFS research evaluating these modified proposals, asking who is likely to gain, and assessing the likely effect on pensioner poverty, on savings incentives and on the public finances. We conclude that modifications to the reform leave the policy better able to reward saving and fitting in better with the rest of UK pension policy. In the longer-term, however, there large questions about the eventual cost and effects of the reform that remain unanswered.

1 February 2002

Working paper graphic

Progressivity comparisons

Working Paper

Analysts should correct for distributional differences before undertaking local progressivity comparisons between income tax or tax and benefit schedules. A transplant-and-compare procedure is advocated, involving 'importation' of the schedule from one regime into another, or from both into a reference scenario. The residual progression ordering over transplanted schedules then assures a global ordering of original regimes by Lorenz or Suits curves. The algorithm is advocated for use only when transplantation functions are isoelastic, and is illustrated for the Canadian, Israeli and UK tax and benefit systems.

1 November 2000

Publication graphic

Vehicle Excise Duty discounts in rural areas

Report

This paper looks at the strategy of cutting Vehicle Excise Duty for people living in rural areas, and asks whether this would be an effective way of helping those most in need.

1 October 2000

Journal graphic

Income inequality: a tale of two cycles?

Journal article

Building on previous work, this paper documents the changes in income inequality that have occurred over the past 20 years, right up until the late 1990s.

1 December 1999

Publication graphic

The distribution of income and wages in the UK and West Germany 1984-1992

Report

The first half of the report sheds some new light on the following questions with a detailed and consistent comparison of income distributions in Western Germany and the UK from 1984 to 1992. To what extent was the income distribution in Western Germany similar to the UK in 1984? Did the inequality of West German incomes rise to the same extent? What was the differing role of the labour market, the tax and benefit system and demographic change in each country? The second half of the report concentrates on whether and how education, training and wage setting systems together with other institutional factors in Western Germany can explain the differences relative to the more deregulated UK labour market.

1 July 1998

Journal graphic

Consumption inequality and income uncertainty

Journal article

This paper places the debate over using consumption or income in studies of inequality growth in a formal intertemporal setting. It highlights the importance of permanent and transitory income uncertainty in the evaluation of growth in consumption inequality.

1 May 1998