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Consumption and prices

Our work in this area looks at how consumers respond to price signals and other incentives to change their borrowing, saving and spending behaviour, as well as how different households' welfare is affected by inflation and changes in indirect taxes.

Showing 21 – 40 of 731 results

Mini-Budget 2022 and follow-up

Collection

Analysis of the government's tax and spending plans - and follow-up - announced as part of the mini-Budget.

17 October 2022

The challenges facing the Chancellor

Podcast

We explore the Chancellor's options for achieving fiscal sustainability.

12 October 2022

IFS Green Budget 2022

Collection

Policy analysis from our IFS Green Budget 2022, funded by the Nuffield Foundation and in partnership with Citi.

11 October 2022

IFS Green Budget 2022

Report

The IFS Green Budget 2022 takes stock of the economic and fiscal outlook following Kwasi Kwarteng’s mini-Budget and analyses the challenges ahead.

11 October 2022

Paul Johnson responds to Kwasi Kwarteng's mini-Budget

Comment

Kwasi Kwarteng’s mini-budget is a short-term sugar rush and a huge switch in direction.

24 September 2022

Will public sector workers get a pay rise?

Podcast

With inflation squeezed living standards, will the government have to give public sector workers a pay rise?

21 September 2022

Transparency is key to maintaining trust in government. Let’s not cap it

Comment

Paul Johnson in the Times on the importance of transparency in government.

12 September 2022

Estimation of a heterogeneous demand function with Berkson errors

Journal article

We show the importance of Berkson errors for demand estimation with nonseparable unobserved heterogeneity.

8 September 2022

Response to the Energy Price Guarantee

Comment

The government has today announced an ‘Energy Price Guarantee’. This is our response.

8 September 2022

The challenges facing the new Prime Minister

Podcast

Paul speaks to Ben Zaranko and Xiaowei Xu to assess the challenges facing the new Prime Minister.

6 September 2022

Who is most affected by rising mortgage interest rates?

Comment

What are the implications of rising interest rates for household budgets and who could see mortgage repayments reach a high share of their income?

2 September 2022

Cost of maintaining household support package rises by £14bn in light of new energy price cap

Comment

Both Conservative leadership candidates have promised tax cuts on energy bills. How much would these help and what would they cost?

26 August 2022

The outlook for the public finances under the Bank of England’s August 2022 forecast

Report

This report sets out an illustrative scenario for how the current path of inflation and growth might affect government revenues and spending.

18 August 2022

Can we all eat cake? Political leaders should explain that is pure fantasy

Comment

Paul Johnson in the Times on the dangers of 'cakeism'.

15 August 2022

The long squeeze: rising inflation and the current government support package

Comment

We look at the impact of inflation and the government's proposals to tackle it.

15 August 2022

The government’s debt interest bill in June hugely increased by high inflation and seasonal effects

Comment

Today's data release confirmed very high government debt payments in June, driven by high inflation and usual seasonal effects.

21 July 2022

An initial response to the public sector pay announcement

Comment

The government has announced pay rises for public sector workers covered by independent pay review bodies.

20 July 2022

What should public sector pay policy be trying to achieve?

Comment

What is the objective of public sector pay policy? What is it, and what should it be, trying to achieve?

18 July 2022

We didn’t see this coming because for 25 years we thought we had inflation licked

Comment

'Pretty much everything we could have got wrong, we got wrong.' Paul Johnson on why economists failed to see inflation coming.

4 July 2022

Future of the welfare state

Presentation

This talk was given by Paul Johnson at Tony Blair Institute for Global Change's Future of Britain conference.

1 July 2022

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Showing 21 – 40 of 731 results