This report outlines the latest developments to the Departments’ Affordability Model since the last publication in December 2005. In particular, the model not only can assess the impact of additional housing supply on affordability, but also how changes in affordability feed through to future levels of homeownership, vacant houses and demolitions.

[…] offshoring in terms of higher real wages. Hence, offshoring has contributed to a widening of the wage gap between skilled and less skilled workers. This result is obtained while controlling for individual and sectoral observed and unobserved heterogeneity. In particular, our empirical model also controls for the impact of technological change and offshoring of materials.

[…] the earnings opportunities of mothers and the costs of raising children. We show how observed differences in these economic factors across countries explain observed different fertility and childbearing age patterns. We then use the model to predict behavioral responses to biomedical improvements in assisted reproductive technologies, and hence the impact of these technologies on fertility.

[…] should be included in the over-sample. In this paper we draw on a wide ranging review of the literature, the results from an intensive consultation exercise, the impact of current policy concerns and priorities, existing practice and development work already carried out for Understanding Society and in its Innovation Panel to establish the precise […]

[…] they receive less political support in countries with well-established middle class due to their distributional effects. This paper tries to answer the question what would be the impact on income distribution, e.g. in terms of inequality and poverty, of implementing a flat income tax in Western European countries. Using EUROMOD, which is a tax-benefit […]

[…] ability have found conflicting results: in most cases, they have found a strong positive paternal effect but a negligible maternal effect. In this paper, I evaluate the impact on the robustness of the estimates of the characteristics of the samples commonly used in this strand of research: samples of small size, with low variability […]

In this Report, we examine the impact of the abolition of the 10 pence rate of income tax, considering separately the effects of initial implementation and the effects in the light of the changes to personal allowances announced on 13 May 2008. We consider future policy options relating to the personal tax system and […]