Analysis and action on living standards
Intergenerational fairness has risen up the agenda in recent years. From job and housing insecurity experienced by young people, to a social care system not fit to support older generations, Britain faces living standards challenges that affect different generations in different ways.
Responding effectively to these challenges means understanding what’s driving them, and how they can be addressed. The Intergenerational Centre has been set up as a home for this analysis and policy thinking, looking at living standards through a generational lens.
The nature and timing of poverty varies much more than we think between generations and over the lifecycle. Understanding these shifts is crucial if we are to make the right interventions to reduce poverty throughout society.
What would a cross-party, long-term plan look like?
How can we push forward a sustainable solution to Britain’s care crisis? Event with speakers including former Deputy Prime Minister Damian Green, former Shadow Minister for Care Liz Kendall, and former Minister for Care Norman Lamb.
Launch of the Intergenerational Centre and inaugural Intergenerational Audit
To mark the launch of the Intergenerational Centre, led by Lord David Willetts, we published our inaugural Intergenerational Audit, funded by the Nuffield Foundation, to provide an up-to-date take on the big intergenerational issues facing 21st Century Britain.
I have been exploring the issue of equity between generations for over a decade now, from writing The Pinch to Chairing the Resolution Foundation’s recent Intergenerational Commission.
This work has left me even more convinced that equity between generations is one of the biggest issues facing 21st century Britain.
The Intergenerational Centre will be at the heart of solving the many challenges that this issue throws up – from exploring the income and wealth gaps across generations, to rebuilding the social contract between generations that has been allowed to fray in recent decades.
— Lord David Willetts
How have pay, home ownership, consumption and wealth diverged for different age groups? How do cohorts’ living standards today measure up against those of their predecessors at the same age? How do these patterns differ across regions, and across the sexes? This interactive data dashboard, which sits alongside our Intergenerational audit for the UK, funded by the Nuffield Foundation, allows you to explore the answers to these questions and more.
Additional property wealth is a big deal in Britain today. One-in-nine adults own some, and its combined value is almost £1 trillion. By value, it makes up one-sixth of all property wealth.
Moving matters for living standards. Taking a new job in a different firm has a larger pay uplift than simply being promoted , and moving to a more productive area comes with an even bigger pay premium. In this note...
Poverty is an age-old problem, but its prevalence has shifted greatly over time. As inequality grew rapidly throughout the 1980s, relative poverty grew with it, peaking at 25 per cent in the mid-1990s.
We presented research on the impact of recent housing trends on young people’s pay and job prospects. A panel of experts, including Liz Truss, Chief Secretary to the Treasury, then discussed the issues raised from the research.
Class used to predict how people would vote in Britain and elsewhere — in 1974 if you were a member of the working class you were three times more likely to vote Labour than Conservative. Now the distribution of votes...
When economists and policy makers talk about living standards they think in terms of real (equivalised) household disposable incomes (before or after housing costs). This is a good approach to take, but it’s not how most people think. A more...
Young people today are spending 7 per cent less on non-housing items than they were back in 2001, according to the Resolution Foundation’s inaugural Intergenerational audit, published today (Thursday). The audit, supported by the Nuffield Foundation, is a major examination...
Explore our database of academic, think-tank and policy research to find out more about how living standards differ across and within generations, both in the UK and elsewhere.
Explore our library of videos that summarise the key messages from our research, and catch up on our past generational living standards-themed events.