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News, reports and events from the Institute for Fiscal Studies (IFS), the leading independent research institute on economics and public policy
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IFS Apr 20
Lack of income growth in 2017-18 means little progress was made in reducing absolute poverty: it had fallen from 22% in 2013–14 to 19% in 2016–17, but has since stalled. Relative income poverty was also unchanged in 2017–18. Read more:
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IFS Apr 17
We want to answer fundamental questions about in the 21st century, the forces shaping it, and what can and should be done about it. 🔭 In May, we'll launch a 5-year review led by Sir Angus Deaton and funded by . Read more:
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IFS Apr 16
In the UK, women are on average paid nearly 20 percent less per hour than men. But reporting requirements may "miss a potentially important part of the problem: the tendency of men and women to work for different types of organisations".
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IFS Apr 16
Congratulations to IFS Research Director Rachel Griffith, new President of the . She said: "we have a great opportunity...to shape how economics is perceived and to encourage greater diversity in the economics profession.” Read more:
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IFS Apr 15
spending is in the news, as the UK's major teachers' union meets. Our researchers find total school spending per pupil in England fell by 8% in real terms between 2009–10 and 2017–18. 🔍 Find out more:
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IFS Apr 15
Watch live: Research Economist Tom Waters joins the 's annual conference to share findings on the distributional consequences of .
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IFS Apr 14
A better system is "simpler and more user-friendly, and it enables you to participate fully in life", says . 🗓️ Liz spoke at our event on the future of benefits. Find out more about our 50th anniversary:
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IFS Apr 13
The UK raises 35% of national income in tax. This is high by historical UK standards but not relative to other countries: the UK ranks a little below the OECD average and substantially below many European countries. Find out more:
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IFS Apr 12
"If government did want to devolve further taxation powers to councils, income does seem to be the most attractive option – even a 3p surtax on the basic rate would raise £12bn for councils." Neil Amin-Smith in today's :
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IFS Apr 12
Replying to @ONS
Today's stats show workplace participation in the private sector rose again in 2018, reaching 72% of all employees. It's 89% in the public sector. This is partly because in 2018, employees in relatively new firms were automatically enrolled into workplace pensions.
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IFS Apr 11
New stats are due today on saving for in workplace pensions. Our researchers find that automatic enrolment has transformed pension saving for private sector employees in recent years - massively increasing pension coverage. Read more:
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IFS Apr 11
Is it good to be near lots of transport infrastructure? Homeowners and businesses see the trade-offs differently. This blog showcases our research on how land values respond to local infrastructure improvements. 🚃 Read more about our work:
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IFS Apr 10
About half of all working-age households receive some . "Much of the £100 billion per year we spend on working-age benefits is there to tackle deep problems created by low pay, high housing costs and ill health", writes Robert Joyce.
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IFS Apr 10
What principles should the system be based on today? It needs to meet the needs of individuals - and "those needs are all different", Lord Freud told us at our event. 🗓️ Find out more about our 50th anniversary:
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IFS Apr 10
What's the biggest challenge for policy? We asked at our event. She called for "a cross-government commitment to the right to participate fully in the community" for people with disabilities. 📺 Watch the full event:
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IFS Apr 9
"How we raise can be just as important as how much we raise", writes for . "Governments use the structure of taxes to redistribute incomes and to manipulate behaviours, shaping the kind of economy and society we have."
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IFS Apr 8
“Tax design really matters”, says . It doesn’t take away trade-offs or fix political problems, but it does “help us make decisions at lower cost”. We discussed the future of as part of our celebrations. Watch back
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IFS retweeted
Paul Johnson Apr 8
has won 2019 Yrjo Jahnsson award for best economist in Europe under 45 (joint with Oriana Bandiera). Imran is co-director of centre and a wonderful colleague. More evidence that is home to some of world's best economics
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IFS Apr 8
Congratulations to , winner of the prestigious Yrjö Jahnsson prize for his work on the role of social relationships in economics. He's co-director of the Centre for Public Policy (CPP) at IFS, and joint 2019 winner with :
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IFS Apr 7
It cost around £73,000 on average to educate a 21-year-old in England in 2015. So where does the money go? Seven charts on spending in England by Luke Sibieta for
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