Carl Emmerson

Examining the impact of opportunity bursaries on the financial circumstances and attitudes of undergraduate students in England (2009)

West, Anne, Emmerson, Carl, Frayne, Christine, Hind, Audrey

Notwithstanding the expansion of higher education across the OECD, there continues to be concern about the levels of participation amongst those from disadvantaged backgrounds. In response to this, a...

Evaluation of Education Allowance Pilots: young people aged 16 to 19 years (2005)

Middleton, Sue, Perren, Kim, Maguire, Sue, Rennison, Joanne, Battistin, Erich, Emmerson, Carl, ...

This report is also available online at: http://www.dfes.gov.uk/research/data/uploadfiles/RR678.pdf

Evaluation of Education Allowance Pilots: young people aged 16 to 19 years (2005)

Middleton, Sue, Perren, Kim, Maguire, Sue, Rennison, Joanne, Battistin, Erich, Emmerson, Carl, ...

This report is also available online at: http://www.dfes.gov.uk/research/data/uploadfiles/RR678.pdf

Education Maintenance Allowance : the first two years : a quantitative evaluation (2002)

Ashworth, Karl, Hardman, Jay, Hartfree, Yvette, Maguire, Sue, Middleton, Sue, Smith, Debbi, ...

This report is also available online at: http://www.dfes.gov.uk/research/data/uploadfiles/RR352.pdf

Education Maintenance Allowance : the first two years : a quantitative evaluation (2002)

Ashworth, Karl, Hardman, Jay, Hartfree, Yvette, Maguire, Sue, Middleton, Sue, Smith, Debbi, ...

This report is also available online at: http://www.dfes.gov.uk/research/data/uploadfiles/RR352.pdf

Education Maintenance Allowance : the first year : a quantitative evaluation (2001)

Ashworth, Karl, Hardman, Jay, Liu, Woon-Chia, Maguire, Sue, Middleton, Sue, Dearden, Lorraine, ...

This report is also available online at: http://www.dfes.gov.uk/research/data/uploadfiles/RR257.pdf

Education Maintenance Allowance : the first year : a quantitative evaluation (2001)

Ashworth, Karl, Hardman, Jay, Liu, Woon-Chia, Maguire, Sue, Middleton, Sue, Dearden, Lorraine, ...

This report is also available online at: http://www.dfes.gov.uk/research/data/uploadfiles/RR257.pdf

An examination of the IFS corporation tax forecasting record

Suman Basu, Carl Emmerson, Christine Frayne

This paper examines the corporation tax forecasting techniques used by the Institute for Fiscal Studies. For current year forecasts a judgemental forecast is found to have performed better than...

Preparing for retirement: the pension arrangements and retirement expectations of those approaching state pension age in England

James Banks, Carl Emmerson, Zoë Oldfield

This paper provides a detailed analysis of individuals in households in England aged between 50 and the State Pension Age in terms of their private pension arrangements and current non-pension assets...

Fiscal effects of reforming the UK state pension system

Richard Blundell, Carl Emmerson

The fiscal and distributive impacts of three reforms to the social security pension system in the UK are evaluated. All three reforms are designed to increase the retirement age by changing the...

Mortality, Health Status, and Wealth

Orazio P. Attanasio, Carl Emmerson

In this paper we use the two waves of the British Retirement Survey (1988/1989 and 1994) to quantify the relationship between socioeconomic status and health outcomes. We find that, even after...

The Balance Between Defined Benefit, Defined Contribution, and State Provision

James Banks, Richard Blundell, Carl Emmerson

We examine the possible consequences of the increasing shift from Defined Benefit to Defined Contribution arrangements for private pensions. Whilst much analysis has focused on the possible...

Pension Provision and Retirement Saving: Lessons from the United Kingdom

Richard Disney, Carl Emmerson, Matthew Wakefield

We describe the trajectory of pension reform in the United Kingdom, which has focussed on keeping the cost of public pension programmes down during a period of steady population ageing whilst...

Privatising provision and attacking poverty? The direction of UK Pension Policy under new Labour

CLARK, TOM, EMMERSON, CARL

This paper analyses the thrust of the UK Government s pension reforms in the context of the system they inherited. The reforms represent continuity with what went before in seeking to continue the...

Public pension reform in the United Kingdom: what effect on the financial well-being of current and future pensioners?

Richard Disney, Carl Emmerson

Unlike many tax and benefit changes, reforms to public pension programmes take many years to have their full effect. This paper examines the effect of reforms to the public pension programme in the...

A note on the tax treatment of private pensions and Individual Savings Accounts

Carl Emmerson, Sarah Tanner

The UK government is planning to introduce stakeholder pensions from April 2001 as an alternative to existing personal pensions for people on moderate earnings. But stakeholder pensions are only one...

State pensions and the well-being of the elderly in the UK

James Banks, Richard Blundell, Carl Emmerson, Zoë Oldfield

This paper presents the trends seen over the last quarter of the 20th Century in various indicators of the well-being of the elderly alongside those seen for the young. Specifically we look at...

The importance of incentives in influencing private retirement saving: known knowns and known unknowns

Richard Blundell, Carl Emmerson, Matthew Wakefield

We summarise what economic theory predicts about how retirement savings decisions are affected by marginal withdrawal rates created by the tax, tax credit and benefit system, and by the information...

Estimating pension wealth of ELSA respondents

James Banks, Carl Emmerson, Gemma Tetlow

This paper explains the methodology used for calculating pension wealth for all individuals in the first wave of the English Longitudinal Study of Ageing (ELSA). We focus on the pension wealth of...

An assessment of PenSim2

Carl Emmerson, Howard Reed, Andrew Shephard

The Department for Work and Pensions (DWP)’s Pensim2 model is a dynamic microsimulation model. The principal purpose of this model is to estimate the future distribution of pensioner incomes, thus...

Ill health and retirement in Britain: a panel data based analysis

Richard Disney, Carl Emmerson, Matthew Wakefield

We examine the role of ill-health in retirement decisions in Britain, using the first eight waves of the British Household Panel Survey (1991-98). As self-reported health status is likely to be...

Choice of pension scheme and job mobility in Britain

Richard Disney, Carl Emmerson

This paper examines the choice of pension scheme and job mobility in Britain. Workers in Britain can choose to belong wholly to the social security (public pension) programme, or to a...

Differential mortality in the UK

Orazio Attanasio, Carl Emmerson

In this paper we use the two waves of the British Retirement Survey (1988/89 and 1994) to quantify the relationship between socio-economic status and health outcomes. We find that, even after...

Education subsidies and school drop-out rates

Lorraine Dearden, Carl Emmerson, Christine Frayne, Costas Meghir

This paper evaluates whether means-tested grants paid to secondary students are an effective way of reducing the proportion of school dropouts. We look at this problem using matching techniques on a...

Updating the UK's code for fiscal stability

Carl Emmerson, Christine Frayne, Sarah Love

The 1998 Code for Fiscal Stability sets out the framework within which UK fiscal policy is now set. While having such a code does not make it easier for a Government to meet its fiscal objectives, it...

Tax reform and retirement saving incentives: evidence from the introduction of stakeholder pensions in the UK

Richard Disney, Carl Emmerson, Matthew Wakefield

Faced with ageing populations, OECD governments are seeking policies to increase individual retirement saving. In April 2001, the UK government introduced Stakeholder Pensions - a low cost retirement...

What is a public sector pension worth?

Richard Disney, Carl Emmerson, Gemma Tetlow

We measure accruals in defined benefit (DB) pension plans for public and private sector workers in Britain, using typical differences in scheme rules and sector-specific lifetime age-earnings...

Better prepared for retirement? Using panel data to improve wealth estimates of ELSA respondents

James Banks, Carl Emmerson, Gemma Tetlow

We compare the key assumptions underpinning estimates of the pension wealth of ELSA respondents to outcomes over the period from 2002-03 to 2004-05. We find that many of these assumptions have, on...

Increasing support for those on lower incomes: is the Saving Gateway the best policy response?

Carl Emmerson, Matthew Wakefield

The government is committed to introducing a new savings account for people on lower incomes. This will provide a strong incentive for eligible individuals to save, or at least to hold financial...

Public and private pension spending: principles, practice and the need for reform

James Banks, Carl Emmerson

This paper surveys the issue of public spending on pensions. Drawing on evidence from systems around the world, but particularly in Britain, we outline the arguments for different types of public and...

Differential Mortality in the UK

Orazio P. Attanasio, Carl Emmerson

In this paper we use the two waves of the British Retirement Survey (1988/89 and 1994) to quantify the relationship between socio-economic status and health outcomes. We find that, even after...

Pension Reform and Economic Performance in Britain in the 1980s and 1990s

Richard Disney, Carl Emmerson, Sarah Smith

The late 1980s saw a major shift in pension provision in the United Kingdom, when for the first time individuals were permitted to opt out of part of the social security program into individual...

Pension Provision and Retirement Saving: Lessons from the United Kingdom

Richard Disney, Carl Emmerson, Matthew Wakefield

We describe the trajectory of pension reform in the United Kingdom, which focuses on restraining the cost of the public program as the population ages while maintaining adequate income security for...

What is a Public Sector Pension Worth?

Richard Disney, Carl Emmerson, Gemma Tetlow

We measure accruals in defined benefit (DB) pension plans for public and private sector workers in Britain, using typical differences in scheme rules and sector-specific lifetime age-wage profiles by...