Using data from the British Household Panel Survey for the years 1998-2005, this study estimates the impact of work-related training on earnings levels. Different measures for general and specific training are constructed from available information. The analysis diverges from the standard fixed effects framework for earnings determination modelling and presents evidence in support of […]

[…] children, while usually only gross child/family benefits are considered. We use EUROMOD, the European Union tax-benefit microsimulation model, to quantify the support for children and analyse its impact on household incomes and child poverty for 19 countries. We find that the conventional approach underestimates on average the total amount of support for children by […]

[…] tax with a cash flow flat tax on business income still increases inequality due to the large gains at the top of the distribution. Therefore, we conclude that due to their limited efficiency effects and their problematic short-term distributional impact, flat tax reforms are unlikely to spill over to the grown-up democracies of Western Europe.

[…] year, we are able to show that the attacks of September 11 resulted in higher levels of mental distress for those interviewed after that date in 2001 compared to those interviewed before it. This provides one of the first examples of the impact of a terrorist attack in one country on wellbeing in another country.

[…] are at risk of job mobility. Good matches may lead to internal mobility (promotions) while bad matches lead to permanent separations from firms. Typically, analyses of the impact of job mobility on wages focus either on moves within a firm, or between firms, making it difficult to compare changes in wages associated with each […]

[…] where it is introduced, and yet many other where it is recurringly discussed. Analysing three countries, we show that the design of such schemes largely determines their impact on fiscal revenues and on the redistribution of individuals’ incomes. The impact, as expected, also largely depends on the characteristics of the existing income tax system. […]

In this paper we explore the impact of birth weight on children’s cognitive and behavioural outcomes using data from the UK Millennium Cohort Study. In order to deal with the endogeneity of birth weight we propose an eliminant estimator, which exploits the availability of multiple outcomes for the same individual at the same point […]

[…] objectively and reasonably justified. We looked at financial advice for pensioners and for those planning for their retirement. We believe that better advice could have a considerable impact on the lives of individual pensioners and would impact on pensioner poverty overall. Money Guidance and the proposed ‘one-stop shop’ (as proposed in the Building a […]

This report summarises analysis of the impact of life events on financial capability. The project focuses on the characteristics of individuals and the households in which they live that determine their ability to manage and take control of their finances (their ‘financial capability’). In this work we use data from the British Household Panel […]