More from IFS
Understand this issue
Don’t cheer end of earnings squeeze: there is more pain to come
comment
Paul Johnson writes for The Times on the pain to come for households and the public finances.
19 June 2023
We must act now to prevent a real pensions crisis developing in future
comment
"If we are to avoid sleepwalking into a future much worse than the present, we need to start acting now." Paul Johnson writes for the Times.
24 April 2023
Public finances may be improving, but personal circumstances certainly are not
comment
"Don’t be lulled into thinking we have reached the bottom of hole into which living standards have been sliding. We almost certainly haven’t."
27 February 2023
Policy analysis
How do the last five years measure up on levelling up?
report
How well – or badly – has the UK fared on the 12 levelling up missions? We examine early progress and the scale of the challenge ahead.
19 June 2024
Impact of reforms on annual disposable household income, 2024–25 to 2029–30
data item
On top of inherited plans, personal tax and benefit measures will on average reduce incomes by £1,400 over this parliament.
31 October 2024
Pressures on public sector pay
report
Over a fifth of government spending goes on pay. We examine recruitment and retention challenges which mean that pressures could mount going forward.
27 September 2024
Academic research
The intergenerational elasticity of earnings: Exploring the mechanisms
working paper
We use data covering a single cohort’s first 55 years of life to explain the differences in the intergenerational elasticity of earnings.
3 June 2024
Insurance, redistribution, and the inequality of lifetime income
working paper
This paper studies how the tax-and-transfer system mitigates income inequalities over the lifetime, which can lead to disparities in living standards.
2 November 2023
Very weak income growth for poor pensioners has meant rising pensioner poverty since 2011
press release
This report examines the key trends in pensioner incomes and poverty over the past two decades.
19 July 2024