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.
IFS research shows that the nature of the UK labour market could be dramatically transformed within the next five years if proposed reductions in general government employment were to be fully realised.
Only 40 per cent of the Chancellor's planned spending cuts will be in place by the end of this financial year – with 60 per cent yet to come, according to the Institute for Fiscal Studies' Green Budget 2014.
Why was the euro introduced without establishing other institutions associated with a successful monetary union?
By far the most important reason that housing is so expensive is our planning policy, shows research from the Spatial Economics Research Centre.
"Despite the recession there are signs that working life has improved in a number of respects for those who have been lucky enough to stay in work," says Professor Stephen Wood, following first findings from the 2011 Workplace Employee Relations Survey.
Following the success and public interest around the inaugural event last year, the 2013 Festival of Economics, co-sponsored by the ESRC, is about to be launched in Bristol.
Governments and financial regulators have called on banks to rein in their risk cultures. However, a new report from the London School of Economics and Plymouth University dispels the myth of the perfect risk culture.
Welsh workers are happier than colleagues in other UK countries, despite lower wages and less skilled jobs.
Six in ten people over the age of 50 in the UK have not considered how they will finance their retirement years – and a third of people approaching retirement do not know how much income they will receive from their private pensions, according to research from the Institute for Fiscal Studies.
One of the Enterprise Research Centre’s newly published White Papers concludes that both start-up companies and established businesses have rapid growth potential.
More pressure at work, increased job insecurity and less trust in political institutions are some of the impacts of the recession, according to a new report from the European Social Survey.
The ACS Global Summit, supported by the ESRC, has provided the opportunity to encourage debate and knowledge exchange between leading practitioners and social scientists within the retail sector.
Nicholas Crafts, Professor of Economics and Economic History at the University of Warwick and Director of the ESRC Centre for Competitive Advantage in the Global Economy, examines how the economic policies of the Thatcher era affected the UK economy.
Following the Chancellor’s presentation of the 2013 Budget yesterday, the ESRC-supported Institute for Fiscal Studies has produced an analysis of key Budget features.
Professor David Newberry argues that public investment in the right areas will fuel UK economic growth - with the short-term impact of giving work to domestic private companies who will create jobs.