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Thomas Wernham

Thomas Wernham

Research Economist


BA Philosophy, Politics and Economics (1st Class), University of Oxford, 2019

Thomas is a Research Economist in the Income, Work and Welfare sector, having joined the IFS in 2020. His current projects include research into the effect of the National Living Wage on the household income distribution, and the incidence of Housing Benefit. Before joining the IFS, Thomas worked in the insurance industry, in actuarial consulting.


Academic outputs

IFS Working Paper W22/01
We review the effects on the Covid-19 pandemic on inequalities in education, the labour market, household living standards, mental health, and wealth in the UK.
IFS Working Paper W21/48
We estimate the effect of the introduction of the UK’s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method.

Reports and comment

In the Budget the Chancellor reduced the ‘taper rate’ in Universal Credit (UC) – the speed at which the benefit is withdrawn as a claimant’s earnings rise – and increased the ‘work allowance’ – the amount that can be earned before that tapering starts. In doing so he boosted the ...
Official statistics released by DWP today show that by February this year there were 5 million Universal Credit (UC) claimants – double the number seen pre-pandemic.


Why do we care about inequality? What should be done about it? This lecture explores the debate over which inequalities the government should act to reduce, and why.
At this event, IFS researchers presented the key findings from their latest flagship annual report on living standards, poverty and inequality in the UK, funded by the Joseph Rowntree Foundation.