The £600 billion problem awaiting the next government podcastWe speak to David Gauke and Giles Wilkes, two experts who have been at the heart of the spending review process.25 April 2024
Be the Chancellor Our interactive tool lets you be the Chancellor. Change spending plans, set tax policies and see how your choices impact borrowing and debt.
Should we worry about government debt? podcastDavid Miles joins us to discuss high government debt and its impact on the economy. 11 April 2024
IFS Annual Lecture - Innovation and productivity policies: a budgetary perspective event 15 May 2024 Professor Heidi Williams (Dartmouth College) will deliver the 2024 IFS Annual Lecture on innovation and productivity policies.
Higher Education Access and Funding: challenges and policy options conference 14 May 2024 This one-day academic conference will look at access to and funding of Higher Education systems.
Jobs landing pageAt IFS, we recruit and train top-quality economists and professional support staff. We aim to foster a respectful and inclusive working environment.20 July 2022
Centre for the Microeconomic Analysis of Public Policy The Research Centre at the heart of IFS is the CPP.
Why inheritance tax should be reformed Comment "Addressing problems in the current system is increasingly important". David Sturrock and Bee Boileau write for The Conversation. 18 January 2024
Saving after retirement and preferences for residual wealth Working Paper We use administrative data for Norway to estimate an incomplete-market life-cycle model of retired singles and couples. 18 January 2024
Pensions are far from broken but could still use a fix Comment Paul Johnson writes for The Times on the 'simple steps' get us to a 'stable, simple, affordable' pensions system. 18 December 2023
The future of the state pension Report This IFS Pensions Review report sets out key challenges for the UK’s state pension system and suggests a way forward for the future 13 December 2023
Retirement is not always a choice that workers can afford to make Comment "More of us may feel little choice but to work a year or two longer than planned." Paul Johnson writes for The Times. 6 November 2023
Understanding retirement in the UK Report We comprehensively examine the changing patterns of retirement in the UK for different groups in society. 1 November 2023
Dementia incidence trend in England and Wales, 2002–19, and projection for dementia burden to 2040: analysis of data from the English Longitudinal Study of Ageing Journal article We examined dementia trends in England and Wales from 2002 to 2019, addressing bias and non-linearity, with limited post-2010 data. 30 October 2023
What is the point of inheritance tax? Comment David Sturrock and Arun Advani write for the New Statesman on inheritance tax, social mobility and tax revenues. 29 September 2023
Reforming inheritance tax Report We set out issues with the inheritance tax system and examine options for reform and the distributional impacts of reforming or abolishing the tax. 27 September 2023
Things go swimmingly for those generations who shout the loudest Comment "Right now, it is younger generations who are again bearing the brunt of economic failure." Paul Johnson writes for The Times. 3 July 2023
Heterogeneity of consumption responses to income shocks in the presence of nonlinear persistence Journal article In this paper we use the enhanced consumption data in the Panel Survey of Income Dynamics to explore the transmission of income shocks to consumption. 15 June 2023
Changing patterns of work at older ages Presentation This presentation was given by Jonathan Cribb at the ELSA 20th Anniversary Conference. 11 May 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
Challenges for the UK pension system: the case for a pensions review Report This report makes the case that economic and policy changes in the last two decades necessitate a comprehensive review of the UK pension system. 20 April 2023
Raising the state pension age risks trapping millions in poverty Comment "Exactly when next to raise the pension age is a matter of judgment and trade-offs." Paul Johnson writes for the Times. 27 March 2023
The planned increase in the state pension age from 67 to 68 Comment There are reports that the government will no longer increase the state pension age between 2037-39. We examine the key considerations for this delay. 25 March 2023
Old age risks, consumption, and insurance Working Paper We measure the effects of income and health shocks on consumption among U.S. households over age 65. 21 March 2023
Data on private pension saving in UK surveys Report This report documents the quality of private pension saving data collected in UK household surveys. 8 March 2023
The gender gap in pension saving Report We document disparities in pension incomes and pension saving between men and women in the UK, and analyse the drivers behind these gaps. 8 March 2023
New data show signs of over 50s returning to the workforce Comment New data from the end of 2022 show an uptick in 50- to 64-year-olds returning to the workforce. 2 March 2023