Mapping millennials’ living standards

by

Intergenerational progress – the idea that each successive cohort should have higher living standards than predecessors at the same age – has slowed down markedly for today’s young adults. This puts their experience in stark contrast to the rapid cohort-on-cohort improvements in standards of living up until those born in the 1970s. Because many people … Continued

Mapping gaps

Geographic inequality in productivity and living standards

by

Regional inequality is a hot topic, particularly since the EU referendum exposed huge voting divides between London, Scotland and Northern Ireland, and the rest of the UK. This report examines the relative economic performance of UK regions and nations since the 1960s, and the extent to which this has driven differences in household living standards.

Growing Pains: the impact of leaving education during a recession on earnings and employment

by

This report looks at the fortunes of the “crisis cohort”: those who left education between 2008 and 2011. By analysing outcomes for those unfortunate enough to enter the labour market in the aftermath of the 2008-09 recession, this paper estimates how severe an impact the downturn had on people who left education in its midst, and how long-lasting these effects were.

The Living Standards Outlook 2019

by

Detailed data about household incomes comes with a considerable lag, and the UK’s main economic forecasts only tell us about averages. Our second dedicated Living Standards Outlook combines survey data, economic forecasts, the government’s tax and benefit policies, and more, to project household income growth for different groups.

Counting the cost: UK living standards since the 2016 referendum

by

Household incomes are around £1,500 year lower today than they were expected to be before the Brexit referendum – with the UK having experienced the sharpest income growth slowdown of any economy for which the OECD publish data. This note focuses on the UK’s recent economic performance, going beyond the usual focus on GDP to look at the impact on household living standards across the UK.

An unexpected cut: Revisiting the Diamond Commission and assessing inequality in post-war Britain

by

In 1974, the government established the Diamond Commision on the Distribution of Income and Wealth. This note looks at the Commission’s findings and considers how Britain has changed in the intervening years. It looks at the impact the findings had on policy and public debate in the country and reflects on what can be learnt by those trying to secure a more equal Britain today. This project was undertaken as part of the Historians in Residence programme, which is based at King’s College, London.

Opportunities Knocked? Exploring pay penalties among the UK’s ethnic minorities

by

Over the past two decades ethnic minority groups have made substantial gains in relation to education and employment. But in spite of this progress, large pay gaps remain: even after accounting for education, occupation and other key factors, black male graduates are on average paid 17 per cent less than their white male counterparts; Pakistani/Bangladeshi non-graduate men are paid 14% less.

London Stalling: Half a century of living standards in London

by

London’s post-crisis recovery has been similar to that of the rest of the country, in good and bad terms.The city now has an employment rate in line with the UK average but productivity and pay growth have both been sluggish. Where London is unique is that it has a number of looming problems – demographic change, high living costs and inequality – which make the city a particularly challenging place for those on low-incomes.

Cross countries: international comparisons of intergenerational trends

by

Public concerns about young people’s living standards are shared across high-income countries. This report compares the UK’s generational living standards challenges with those of other high-income economies, focusing on trends in household income and experiences in the labour and housing markets.

A welfare generation: lifetime welfare transfers between generations

by

This paper updates John Hills’ seminal research on life-cycle welfare transfers between generations. It estimates the extent to which past and future cohorts contribute to the welfare state via taxation and withdraw from its core pillars – education, health and social security – over the course of their lifetimes.

Diverse outcomes: living standards by ethnicity

by

This briefing note looks at how typical household incomes have differed by ethnicity, given that around one fifth of the population self-report their ethnicity as something other than White British. While not an attempt to offer comprehensive analysis, we also explore some of the causes, including differences in the labour market, pointing to the need for further work.

Loading
No more publications found