Journal Article

Journal of Financial Economics:

Refinancing Cross-Subsidies in the Mortgage Market

Jack Fisher, Alessandro Gavazza, Lu Liu, Tarun Ramadorai and Jagdish Tripathy

In household finance markets, inactive households can implicitly cross-subsidize active households who promptly respond to financial incentives. We assess the magnitude and distribution of cross-subsidies in the mortgage...Read more...

CASEreport

Tackling London’s Household Debts Problem

Eleni Karagiannaki

Using data from wave 13 of the UK Household Longitudinal Survey (Understanding Society) and StepChange clients’ database this report provides evidence on the prevalence and the nature of household over-indebtedness in Lo...Read more...

CASEpaper

Living arrangements, intra-household inequality and children’s deprivation: Evidence from EU-SILC

Eleni Karagiannaki and Tania Burchardt

Evidence from the 2014 EU-SILC indicates that a non-negligible proportion of children in Europe live in multi-family households. Leaving aside more complex household types, around 4% of children live with their grandpare...Read more...

CASEpaper

Intra-household inequality and adult material deprivation in Europe

Eleni Karagiannaki and Tania Burchardt

In most research on living standards, material deprivation is measured using household-level material deprivation indicators. However, if resources are not shared equally within households, conventional material deprivat...Read more...

Public Economics Programme Discussion Paper

Trends in Individual Income Growth: Measurement Methods and British Evidence

Stephen P Jenkins and Philippe Van Kerm

Assessments of whose income growth is the greatest and whose is the smallest are typically based on comparisons of income changes for income groups (e.g. rich versus poor) or income values (e.g. quantiles). However, inco...Read more...

SPCC Research Note

Post-censal household estimates for small areas

Alex Fenton

The Censuses of Population in the constituent countries of the UK provide counts of households at small area level and above every 10 years. All four countries in the UK also produce annual household projections and esti...Read more...

CASEpaper

What Gives? Household Consumption Patterns and the 'Big Trade Off' with Public Consumption

Francesca Bastagli and John Hills

At the centre of politics in Britain and other countries is what is sometimes called 'the big trade-off'- where to strike the balance between private consumption and collective goods and social spending – and hence the s...Read more...

CASEpaper

Accounting for cross-country differences in wealth inequality

Frank A Cowell, Eleni Karagiannaki and Abigail McKnight

This paper adopts a counterfactual decomposition analysis to analyse cross-country differences in the size of household wealth and levels of household wealth inequality. The findings of the paper suggest that the biggest...Read more...

CASEpaper

Mapping and measuring the distribution of household wealth: A cross-country analysis

Frank A Cowell, Eleni Karagiannaki and Abigail McKnight

In this paper we compare the level, composition and distribution of household wealth in five industrial countries: the UK, US, Italy, Finland and Sweden. We exploit the harmonized data within the Luxembourg Wealth Study,...Read more...

CASEpaper

The distribution of total greenhouse gas emissions by households in the UK, and some implications for social policy

Ian Gough, Saamah Abdallah, Victoria Johnson, Josh Ryan-Collins and Cindy Smith

This paper maps the distribution of total direct and embodied emissions of greenhouse gases by households in the UK and goes on to analyse their main drivers. Previous research has studied the distribution of direct emis...Read more...

CASEreport

An Anatomy of Economic Inequality in the UK - Report of the National Equality Panel

John Hills

Britain is an unequal country, more so than many other industrial countries and more so than a generation ago. This is manifest in many ways - most obviously in the gap between those who are well off and those who are le...Read more...

International Studies Paper

Japanese Monarchy: Past and Present

Ben-Ami Shillony and Antony Best

Shillony: Paper examines how Japan’s imperial dynasty dependent on the male line of succession has lasted so long and analyses how it will overcome its present difficulties. An Advisory Panel was created to recommend fut...Read more...

DARP Paper

Understanding Inequality Trends: Microsimulation Decomposition for Italy

Carlo V. Fiorio

This paper suggests overcoming some limitations of traditional inequality decomposition methods by developing a combination of Burtless (1999) and DiNardo et al. (1996), two different microsimulation methods for decompos...Read more...

CASEpaper

Identifying Vulnerable Groups in the Kyrgyz Labour Market: Some Implications for the National Poverty Reduction Strategy

Sabine Bernabe and Alexandre Kolev

This paper investigates the overlap between employment status and poverty, drawing particular attention to the working poor and precarious workers, and to the existence of multiple labor-related risks faced by specific g...Read more...

Development Economics Paper

Is a Friend in Need a Friend Indeed? Inclusion and Exclusion in Mutual Insurance Networks in Southern Ghana

Markus Goldstein, Elisabeth Sadoulet and Alain de Janvry

Mutual insurance has been shown, theoretically and empirically, to be incomplete and limited by asymmetric information and lack of enforcement mechanisms. While some research has shown that networks based on kinship, nei...Read more...

Development Economics Paper

The Political Economy of Government Responsiveness: Theory and Evidence from India

Timothy Besley and Robin Burgess

Gaps in welfare attainment between boys and girls in China have attracted international attention. In this paper demand analysis is used to try and uncover the factors which may be driving the emergence of the gender gap...Read more...

Development Economics Paper

Child Farm Labour: Theory and Evidence

Sonia R Bhalotra and Chris Heady

This paper presents a dynamic model of child labour supply in a farming household. The model clarifies the roles of land, income and household size, allowing labour and credit market imperfections. If labour markets are ...Read more...

CASEpaper

An Economic Model of Household Income Dynamics, with an Application to Poverty Dynamics among American Women

Simon Burgess and Carol Propper

The rise in inequality and poverty is one of the most important economic and social issues in recent times. But in contrast to the literature on individual earnings inequality, there has been little work modelling (as op...Read more...

Development Economics Paper

Intrahousehold Resource Allocation in Rural Pakistan: A Semi-parametric Analysis

Cliff Attfield and Sonia R Bhalotra

We estimate semiparametric Engel curves for rural Pakistan using a large household survey. This allows us to obtain consistent estimates of the effects of household size and composition on consumption patterns even when ...Read more...

DARP Paper

Poverty Dynamics in Spain: A study of transitions in the 1990s

Olga Cantó-Sánchez

Even if individuals care about their current economic status, they are mainly concerned about the time they remain in it (its duration). The expected duration of an economic status affects how individuals perceive it and...Read more...