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Working Paper

Our working papers include policy-relevant material intended for academic publication. The series is edited by Pedro Carneiro and Ian Preston.

ISSN: 1742-0415

IFS Working Paper W19/20
A policy of forward guidance has been suggested either as a form of commitment (“Odyssean”) or as a way of conveying information to the public (“Delphic”).
IFS Working Paper W19/19
Individuals may be poor even if their household is not poor, because the intra-household distribution of resources may be unequal. We develop a model wherein the resource share of each person in a collective household - defined as their share of household consumption - may be estimated by simple ...
IFS Working Paper W19/18
The vast majority of household wealth in the U.S. is held in illiquid assets, primarily housing, making households vulnerable to unexpected income shocks. To rationalize this preference for illiquidity, we build a life-cycle model where households are tempted to consume their liquid wealth but can ...
IFS Working Paper W19/17
Gabriella Conti, Giacomo Mason and Stavros Poupakis
Building on early animal studies, 20th-century researchers increasingly explored the fact that early events – ranging from conception to childhood – affect a child’s health trajectory in the long-term. By the 21st century, a wide body of research had emerged, incorporating the original ...
IFS Working Paper W19/16
Researchers are often interested in the relationship between two variables, with no single data set containing both. For example, surveys on income and wealth are often missing consumption data.
IFS Working Paper W19/15
This paper estimates flexible child health production functions to investigate whether better water, sanitation and hygiene (WASH) practices make nutrition intake more productive for children aged 6-24 months.
IFS Working Paper W19/14
A substantial body of research on the UK’s National Minimum Wage (NMW) has concluded that the the NMW has not had a detrimental effect on employment. This research has directly influenced, through the Low Pay Commission, the conduct of policy, including the subsequent introduction of the National ...
IFS Working Paper W19/13
Delaying retirement has significant positive effects on the average cognition and physical mobility of women in England, at least in the short run. Exploiting the increase in employment of 60-63 year old women resulting from the increase in the female State Pension Age, we show that working ...
IFS Working Paper W19/12
Our new research examines the reason for the increased in-work relative poverty rate in Britain over the last 25 years, which has risen by almost 5 percentage points from 13% to 18%.
IFS Working Paper W19/11
We study the effectiveness of a community-level information intervention aimed at reducing open defecation (OD) and increasing sanitation investments in Nigeria. The results of a cluster-randomized control trial conducted in 247 communities between 2014 and 2018 suggest that average impacts are ...
IFS Working Paper W19/10
The low take-up of cost-effective and highly subsidised preventive health technologies in low-income countries remains a puzzle. In this paper we analyse whether, and how, micro- finance supports a large public health subsidy program in the developing world - the Swachh Bharat Mission - in ...
IFS Working Paper W19/09
Credit constraints are considered to be an important barrier hindering adoption of preventive health investments among low-income households in developing countries. We find labelling loans is a viable strategy to improve uptake of lumpy preventive health investments.
IFS Working Paper W19/08
We investigate the role of training in reducing the gender wage gap using the UK-BHPS which contains detailed records of training. Using policy changes over an 18 year period we identify the impact of training and work experience on wages, earnings and employment.
IFS Working Paper W19/07
We find that automatic enrolment substantially increased workplace pension participation among those working for small employers by around 45 percentage points to reach 70% of targeted employees – with most, but not all, brought in at relatively low rates of pension saving.
IFS Working Paper W19/06
Many children in developing countries grow up in unstimulating environments, leading to deficiencies in early years’ developmental outcomes, particularly cognition and language. Interventions to improve parenting in the first 3 years of life have a clear impact on these outcomes, but the ...
IFS Working Paper W19/05
Rajasthani women typically leave school early and marry young. We develop a novel discrete choice methodology using hypothetical vignettes to elicit average parental preferences over a daughter’s education and age of marriage, and subjective beliefs about the evolution of her marriage market ...
IFS Working Paper W19/04
Jack Britton, Neil Shephard and Laura van der Erve
Income contingent loans are an increasingly popular tool for funding higher education. These loans have desirable features, but also potentially high overall government write-offs in the long run. This latter fact has been well documented, but little is known about how those write-offs vary by ...
IFS Working Paper W19/03
Lucia Corno, Eliana La Ferrara and Justine Burns
In this paper, we exploit a policy designed to randomly allocate roommates in a large South African university to investigate whether inter-racial interaction affects stereotypes, attitudes and performance.
IFS Working Paper W19/02
The "annuity puzzle" refers to the fact that annuities are rarely purchased despite the longevity insurance they provide. Most explanations for this puzzle assume that individuals have accurate expectations about their future survival. We provide evidence that individuals mis-perceive their ...
IFS Working Paper W19/01
Alex Armand, Alexander Coutts, Pedro C. Vicente and Ines Vilela
The political resource curse is the idea that natural resources can lead to the deterioration of public policies through corruption and rent-seeking by those closest to political power. One prominent consequence is the emergence of conflict. This paper takes this theory to the data for the case of ...