Living standards, poverty and inequality in the UK: 2016-2017 to 2021-2022

Bericht

Debates over living standards, poverty and inequality in the UK are often hampered by the fact that official data on household incomes are available only with a significant lag. Currently, the latest statistics are for 2014-15. In this report, we attempt to fill this gap by estimating what has happened to household incomes between 2014-15 and 2016-17 based on other data sources and changes to direct tax and benefit policy. We then estimate how the incomes of different households would evolve up to 2021-22 if current tax and benefit policy plans are kept to and if the macroeconomic forecasts from the Office for Budget Responsibility (OBR) - for things such as earnings and employment - were correct. We also consider macroeconomic scenarios that are more and less optimistic than the OBR's central forecast.

Object Details

• ISBN: 978-1-911102-35-9
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: IFS Report ; No. R127

Classification and Topics

• Classification: Wirtschaft

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Hood, Andrew ; Waters, Tom
• Event: Veröffentlichung
• (who): Institute for Fiscal Studies (IFS)
• (where): London
• (when): 2017

Further information

• DOI: doi:10.1920/re.ifs.2017.0127
• Handle: http://hdl.handle.net/10419/171992
• Last update: 10.03.2025, 11:41 AM CET