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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 W21/08
Vladimir Ponczek and Gabriel Ulyssea
How does enforcement of labor regulations shape the labor market effects of trade? Does the informal sector introduce greater de facto flexibility, reducing employment losses during bad times?
IFS Working Paper W21/07
Using data covering a single cohort’s first 55 years of life, we show that most of the intergenerational elasticity of earnings (IGE) is explained by differences in: years of schooling, cognitive skills, investments of parental time and school quality, and family circumstances during childhood.
IFS Working Paper W21/05
Marco Bassetto and Wei Cui
We study optimal taxation in an economy with financial frictions, in which the government cannot directly redistribute towards the agents in need of liquidity but otherwise has access to a complete set of linear tax instruments.
IFS Working Paper W21/06
Sarah Cattan, Daniel A. Kamhöfer, Martin Karlsson and Therese Nilsson
Despite the relatively uncontested importance of promoting school attendance in the policy arena, little evidence exists on the causal e ect of school absence on long-run socio-economic outcomes. We address this question by combining historical and administrative records for cohorts of Swedish ...
IFS Working Paper W21/4
This report analyses how these differences in school reopenings affected the learning experiences of English school children. To examine this, we leverage a unique panel of data, allowing us to observe how learning changed between April/May and June/July for around 650 school-aged children in ...
IFS Working Paper W21/03
MPCs were directly elicited from a representative sample of UK adults in July 2020 using receipt of a hypothetical unanticipated, one-time income payment. Reported MPCs are low, around 11% on average.
IFS Working Paper W21/02
We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual simulations to understand how trade affects ...
IFS Working Paper W21/01
Thomas Crossley, Yifan Gong, Todd Stinebrickner and Ralph Stinebrickner
Unique longitudinal probabilistic expectations data from the Berea Panel Study, which cover both college and early post-college periods, are used to examine young adults’ beliefs about their future incomes.
IFS Working Paper W20/40
This paper examines the impact of changes in public long-term care spending on the use of public hospitals among the older population in England, and the cost and quality of this care.
IFS Working Paper W20/38
In this paper, we estimate the effect of house prices on whether or not young adults actively save in a private pension. We use job-level data from a survey of employers, matched to average house prices at the level of an individuals’ location of employment, exploiting geographical variation in ...