The £600 billion problem awaiting the next government podcastWe speak to David Gauke and Giles Wilkes, two experts who have been at the heart of the spending review process.25 April 2024
Be the Chancellor Our interactive tool lets you be the Chancellor. Change spending plans, set tax policies and see how your choices impact borrowing and debt.
Should we worry about government debt? podcastDavid Miles joins us to discuss high government debt and its impact on the economy. 11 April 2024
IFS Annual Lecture - Innovation and productivity policies: a budgetary perspective event 15 May 2024 Professor Heidi Williams (Dartmouth College) will deliver the 2024 IFS Annual Lecture on innovation and productivity policies.
Higher Education Access and Funding: challenges and policy options conference 14 May 2024 This one-day academic conference will look at access to and funding of Higher Education systems.
Jobs landing pageAt IFS, we recruit and train top-quality economists and professional support staff. We aim to foster a respectful and inclusive working environment.20 July 2022
Centre for the Microeconomic Analysis of Public Policy The Research Centre at the heart of IFS is the CPP.
First generation elite: the role of school networks Working Paper This paper shows differences in social capital are a key driver of the high intergenerational persistence in elite education. 5 May 2023
How big is the teacher pay offer in England? Comment The government’s new pay offer for teachers in England is mostly funded, but will still leave teachers facing large real-terms salary cuts since 2010 2 May 2023
Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence Working Paper We use enhanced consumption data in the Panel Survey of Income Dynamics from 2005–2017 to explore the transmission of income shocks to consumption. 14 April 2023
Labour market inequality and the changing life cycle profile of male and female wages Working Paper We estimate the distribution of life cycle wages for cohorts of prime-age men and women in the US. 13 April 2023
Wealth and welfare across generations Working Paper This paper examines why younger generations no longer have substantially more wealth than their recent predecessors did at the same age. 11 April 2023
A reduced discount rate for public sector pensions will add billions to employer costs Comment A reduction in the UK’s long-term growth prospects means that public service pension promises will be costlier to meet in future. 6 April 2023
Household responses to trade shocks Working Paper We study the responses of both individuals and their partners to rising Chinese import competition in the 2000s. 24 March 2023
Old age risks, consumption, and insurance Working Paper We measure the effects of income and health shocks on consumption among U.S. households over age 65. 21 March 2023
Spring Budget 2023: IFS analysis Event 16 March 2023 at 10:30 IFS researchers presented their initial analysis of the Chancellor's announcements the morning after his first Budget.
At last, we are back to a normal budget, but don’t expect many treats Comment "A stagnant economy leaves little room for either more spending or less tax." Paul Johnson writes for the Times ahead of Wednesday's Spring Budget. 13 March 2023
Spring Budget 2023: the challenges ahead Event 28 February 2023 at 10:00 via Slido and Youtube Jeremy Hunt delivered his first Budget on 15th of March. At this online event, IFS researchers outlined the challenges he faced.
Public finances may be improving, but personal circumstances certainly are not Comment "Don’t be lulled into thinking we have reached the bottom of hole into which living standards have been sliding. We almost certainly haven’t." 27 February 2023
Inequalities: which ones matter, and what to do about them? Presentation Paul Johnson gave a talk at the Oxford Martin School where he drew on the extensive work of the IFS Deaton Review of Inequalities. 27 February 2023
The cost of living crisis: a pre-Budget briefing Report The recent surge in inflation, driven by spectacular increases in energy prices, has driven sharp falls in household living standards. 22 February 2023
Can higher education policy boost intergenerational mobility? Evidence from an empirical matching model Working Paper We use rich administrative data to estimate a novel two-sided matching model of sorting into field and institution within higher education. 26 January 2023
Pandemics, recessions and mental health: young people and jobs in 2023 Podcast We look at the future for young people in the jobs market and how they were affected by the pandemic. 25 January 2023
What has happened to teacher pay in England? Comment Most teachers are likely to see a 5% real-terms fall in salaries this school year. This comes on top of past real-terms falls dating back to 2010. 11 January 2023
NHS funding, resources and treatment volumes Report This report examines how NHS funding, resources and treatment volumes compare with pre-pandemic levels. 14 December 2022
Job ladder, human capital, and the cost of job loss Working Paper We propose a structural model of the labour market with heterogeneous firms, on-the-job search and accumulation of specific and general human capital. 13 December 2022
Annual report on education spending in England: 2022 Report This is our fifth annual report on education spending funded by the Nuffield Foundation 12 December 2022