The Abolition of the Earnings Rule for UK Pensioners (2007)
Richard Disney, Richard Disney, Sarah Tanner, Sarah Tanner
The US has legislated to abolish its social security earnings test. A priori it is not possible to predict the effect this will have on work incentives. Using data from the Family Expenditure Survey...
Is there a retirement-savings puzzle?
James Banks, Richard Blundell, Sarah Tanner
In this paper we ask whether households are saving enough for their retirement. We use data on income, expenditure and expenditure components to analyse patterns of behaviour at and around the time...
Grossing up Family Expenditure Survey data for use in international accounts
James Banks, Sarah Tanner, Steven Webb
In this paper we show how estimates of aggregate spending in the UK would be affected by using grossing weights that take account of the known dimensions of non-representativeness of the Family...
Asset Holding and Consumption Volatility
Orazio P. Attanasio, James Banks, Sarah Tanner
We investigate the possibility that limited participation in asset markets, and the stock market in particular, might explain the lack of correspondence between the sample moments of the...
Is there a retirement savings puzzle?
James Banks, Richard Blundell, Sarah Tanner
This paper addresses whether households save enough for their retirement. For successive date-of-birth cohorts the authors analyze income and expenditure patterns around the time of retirement. They...
The charitable giving of UK households has changed considerably over the past 20 years. In particular, the proportion of households giving to charity fell by 5 percentage points between 1974 and...
A note on the tax treatment of private pensions and Individual Savings Accounts
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...
Alcohol taxes, tax revenues and the Single European Market
This paper addresses the issue of whether tax revenue from alcohol lost through cross-border shopping could be recouped by cutting excise duties. This in turn depends on the elasticity of demand for...
Bringing it all back home: alcohol taxation and cross-border shopping
Taxes on alcohol are among the oldest in the UK and are still an important source of tax revenue. In 1992, for example, just prior to the completion of the Single European Market, revenues from...
The abolition of the earnings rule for UK pensioners
The US has legislated to abolish its social security earnings test. A priori it is not possible to predict the effect this will have on work incentives. Using data from the Family Expenditure Survey...
What can we learn from retirement expectations data?
This paper analyses retirement expectations and outcomes using the two waves of the UK Retirement Survey, undertaken in 1988-89 and 1994. We argue that responses to questions on expectations are not...
Cross-border shopping and alcohol taxation: some theory and evidence
In this paper we examine the impact of the completion of the Single European Market on the revenue-maximising tax rates on beer, wine and spirits in the UK. We present a simple theoretical framework...
Is There a Retirement-Savings Puzzle?
Banks, James, Blundell, Richard, Tanner, Sarah
This paper addresses whether households save enough for their retirement. For successive date-of-birth cohorts the authors analyze income and expenditure patterns around the time of retirement. They...
The dynamics of male retirement behaviour
This paper uses data from the two waves of the UK Retirement Survey to present a detailed descriptive analysis of the retirement behaviour of older men. The main motivation for doing this is the fall...
Modelling voluntary labour supply
Recent studies have found a negative relationship between voluntary labour market activity and the opportunity cost of time, measured by the individual’s net wage. We argue that the observed...
Asset holding and consumption volatility
Orazio Attanasio, James Banks, Sarah Tanner
Recent studies have explored the possibility that limited participation in asset markets, and the stock market in particular, might explain the lack of correspondence between the sample moments of...
Asset Holding and Consumption Volatility
Orazio Attanasio, James Banks, Sarah Tanner
Recent studies have explored the possibility that limited participation in asset markets, and the stock market in particular, might explain the lack of correspondence between the sample moments of...