The long shadow

How childhood disadvantage depresses the earnings of university graduates in England

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Childhood poverty casts a long shadow over graduates’ earnings. This briefing note shows that even after achieving the same grade from the same university and working for the same employer a decade later, those who were in deep poverty still earn substantially less than those who were not.

Are universities worth it?

A review of the evidence and policy options

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Young graduates earn £5,000 more annually than non-graduates, but that premium is lower than it was 10 years ago. The real earnings of young graduates have been broadly flat over the last decade, similar to earnings overall, whereas non-graduate earnings have been boosted by the minimum wage.

From safety net to springboard

Designing an unemployment insurance scheme to protect living standards and boost economic dynamism

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Losing your job in Britain is a very risky business. Low levels of out-of-work benefits are rarely an adequate safety net for those who experience job loss, and workers in the UK who move out of work are at greater risk of experiencing a large income loss than those in most other OECD countries. Some … Continued

Changing jobs?

Change in the UK labour market and the role of worker mobility

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This report is about the nature and speed of change in the UK’s labour market, about how past periods of rapid change have happened, and about workers’ experiences as they have lived through these changes. It is written with an eye to the upheaval we expect to see in the coming decade as the effects … Continued

Moving matters

Housing costs and labour market mobility

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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 we look at why young people are moving jobs and homes less than in the past, and explore the extent to which diverging housing costs lies behind this trend.

House of the rising son (or daughter): the impact of parental wealth on their children’s homeownership

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The rise of the so-called Bank of Mum and Dad (BOMAD) is much-discussed but until now there has been little analysis of the strength of the relationship between parental support and people’s chances of becoming homeowners. This paper fills this gap: we analyse the association between the property wealth held by people’s parents and their own, stripping out the impact that other factors (earnings, education, etc) have on homeownership.

Diverse outcomes: living standards by ethnicity

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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.

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