Bericht
Recessions, income inequality and the role of the tax and benefit system
It is now around a decade since the financial crisis that triggered the Great Recession of 2008-09. In many respects, the impacts of this recession on the living standards of UK households have been unusually severe. Median household income is now around 15% below its long-run trend, having grown by only around 5% over the past decade. However, one dimension in which the Great Recession has not had a deleterious impact is income inequality. In this report, we seek to understand why past recessions have had such different effects on income inequality. We also examine the potential impact of the next labour market downturn on the distribution of household incomes.
- ISBN
-
978-1-911102-70-0
- Language
-
Englisch
- Bibliographic citation
-
Series: IFS Report ; No. R137
- Classification
-
Wirtschaft
- Event
-
Geistige Schöpfung
- (who)
-
Cribb, Jonathan
Hood, Andrew
Joyce, Robert
- Event
-
Veröffentlichung
- (who)
-
Institute for Fiscal Studies (IFS)
- (where)
-
London
- (when)
-
2017
- DOI
-
doi:10.1920/re.ifs.2017.0137
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Cribb, Jonathan
- Hood, Andrew
- Joyce, Robert
- Institute for Fiscal Studies (IFS)
Time of origin
- 2017
Other Objects (12)
The relationship between recessions and health
The relationship between recessions and health
Recessions, the energy mix and environmental policy
The impact of Brazil's tax-benefit system on inequality and poverty
The impact of Brazil's tax-benefit-system on inequality and poverty
Labor Market Institutions and the Cost of Recessions
The Coordination Problem and Equilibrium Theories of Recessions
Labor Market Institutions and the Cost of Recessions
Corruption, judicial accountability and inequality: Unfair procedures may benefit the worst-off
Crime Scars: Recessions and the Making of Career Criminals
Pandemic recessions and contact tracing
Pandemic recessions and contact tracing
The relationship between recessions and health
The relationship between recessions and health
Recessions, the energy mix and environmental policy
The impact of Brazil's tax-benefit system on inequality and poverty
The impact of Brazil's tax-benefit-system on inequality and poverty
Labor Market Institutions and the Cost of Recessions
The Coordination Problem and Equilibrium Theories of Recessions
Labor Market Institutions and the Cost of Recessions
Corruption, judicial accountability and inequality: Unfair procedures may benefit the worst-off
Crime Scars: Recessions and the Making of Career Criminals
Pandemic recessions and contact tracing
Pandemic recessions and contact tracing
The relationship between recessions and health
The relationship between recessions and health
Recessions, the energy mix and environmental policy
The impact of Brazil's tax-benefit system on inequality and poverty
The impact of Brazil's tax-benefit-system on inequality and poverty
Labor Market Institutions and the Cost of Recessions
The Coordination Problem and Equilibrium Theories of Recessions
Labor Market Institutions and the Cost of Recessions
Corruption, judicial accountability and inequality: Unfair procedures may benefit the worst-off
Crime Scars: Recessions and the Making of Career Criminals
Pandemic recessions and contact tracing