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This paper places the debate over using consumption or income in studies of inequality growth in a formal intertemporal setting. It highlights the importance of permanent and transitory income uncertainty in the evaluation of growth in consumption inequality.
1 May 1998
In this paper we begin by describing the labour market behaviour of individuals around pension age.
1 May 1998
This report provides a response to the government's proposals. Is the current local government system likely to discourage "over-spending" by councils in the absence of capping powers? Will the government's proposals make the link between local spending decisions and Council Tax bills clearer to voters? Can measures to encourage councils to respond to the views of their residents be successful in making councils more accountable to local people?.
1 May 1998
Recent studies have explored the possibility that limited participation in asset markets,
1 April 1998
In this paper we argue that only when one uses data and arguments relating to the life-time experiences of individuals or households within an economy can one understand recent trends and patterns in saving rates.
27 March 1998
The balance between specific and <i>ad valorem</i> taxation
1 February 1998
The three papers in this symposium demonstrate how quite different approaches to the problem can be motivated by differing objectives and access to data.
1 February 1998
This article describes the methods used by the Treasury and other government departments for making forecasts of the public finances.
1 February 1998
In this paper, we present a new model of UK public finances which aims to shed light on recent problems of forecasting the PSBR.
1 February 1998
The UK experience has been that forecasts of the PSBR have been beset with problems since the
1 February 1998
In this commentary, the authors examine public support for more local decision making and increased freedom for local councils to raise council tax levels. They also assess whether local voters would support higher spending on local services such as schools, housing and the police if they had to pay for it directly through higher council tax bills.
1 February 1998
1 February 1998
The Green Budget considers the options open to the Chancellor in his forthcoming Budget.
30 January 1998
3 January 1998
1 January 1998
1 January 1998
1 January 1998
1 January 1998
1 January 1998
1 January 1998