Average household income in 2014–15 is at around the same level as it was in 2007–08 - but still more than two per cent lower than in the peak years of 2009–10, according to IFS figures.
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In a major new programme of work researchers at the ESRC-funded Institute for Fiscal Studies are analysing the implications of the different parties' fiscal policies and what happened over this parliament.
A report published today by the ESRC-funded Institute for Fiscal Studies argues that the 'Barnett formula' is flawed - protecting Scotland and Northern Ireland from hundreds of millions of cuts.
Most couples who have retired over the last decade have enough wealth to maintain their previous standard of living, according to IFS findings.
The ESRC-funded report Virtuous Banking, published by the independent think tank ResPublica, argues that legal reforms alone will not save bankers from repeating past mistakes, and sets out ten recommendations to improve the sector.
Reduction in housing benefit has had little impact on rents in the private sector, but some claimants have chosen to move to lower-rent areas or smaller properties, according to an analysis by the ESRC-funded Institute for Fiscal Studies and research partners.
The majority of young people live in the underdeveloped countries of the Global South, where increased access to schooling has led to the phenomenon of the 'educated unemployed' - frustrated by the lack of social and economic opportunities.
Increased public funding of research is followed by increased research engagement from the private sector, new report shows.
Economic growth in its current form is unsustainable, argues the bestseller Prosperity without Growth. Following publication, the book has brought a deeper understanding of the basis of prosperity to a wide range of international economic decision-makers and political leaders.
Research supported by Warwick's ESRC Centre on Competitive Advantage in the Global Economy show that the Soviet Union initially tried similar economic reforms as China - but without the same success.