Living standards· Incomes· Inequality & poverty Why did Britain’s households get richer? Decomposing UK household income growth between 1968 and 2008–09? 6 December 2011 by Mike Brewer and Liam Wren-Lewis Institute for Fiscal Studies analysis for the Resolution Foundation Commission on Living Standards. Average UK household income has almost doubled in real terms over the past forty years. This report asks ‘From where has the growth in household income come?’ and answers this by analysing the various factors that have contributed to this growth. Although many … Continued READ MORE
Living standards· Incomes· Inequality & poverty Why did Britain’s households get richer? 6 November 2011 by Mike Brewer and Liam Wren-Lewis This analysis by the IFS for Resolution Foundation is concerned with decomposing UK household income growth between 1968 and 2008–09. It seeks to investigate the sources of the rise in average household income that has occurred in the UK over the last four decades and finds that there are several important sources of this growth, and that these sources … Continued READ MORE