Pleased today to get a letter in the FT that draws on our research around the distribution of wealth, in response to a piece about whether being affluent makes you happy: it does if you include the strong relationship between negative wealth (debts) and misery.
Here’s a link to my verdict on the budget, written for Portland
A Huffpo piece that explores the implications of Tooley Street Research on the characteristics of people who find it hard to escape low pay over a protracted period of time. Guess what, its strongly associated with being female.
Here’s a link to my note on the Budget published for Portland. The effect on May’s general election will depend on whether voters prefer the “steady as she goes” approach or feel that “enough is enough”.
In the week that Labour’s London Mayoral hopeful Tessa Jowell came out in favour of a London Minimum Wage here’s a link to a piece I published on The Staggers blog that gives more detail on how having a different rate for London is not only needed to be in line with the government’s original intention for the minimum wage but is also OK for low paid workers in the rest of the country.
Pleased to report that my research published in 2013 with Centre for London and Trust for London on the economic case for a London minimum wage was picked up by this week’s Observer
Here’s a link to the FT’s new year survey of economists with predictions for 2015 – my contribution highlights the political risk of an EU referendum if the Conservatives win the general election in May.
Here’s my analysis of the Chancellor’s Autumn Statement on December 3rd, written for Portland.
Jointly with Ashwin Kumar I’ve today published a Smith Institute discussion paper that explores the new Wealth and Assets data to see how the wealth distribution alters across UK households over time. It shows the inextricable link between housing and overall wealth distribution, the importance of dealing with consumer indebtedness and highlights how many people who receive inheritances do so at exactly the time when they need it the least.
Our company, Tooley Street Research, has today published an innovative new piece of data analysis and qualitative research exploring the characteristics of people who find it hard over time to progress beyond 20 per cent above the minimum wage. We were commissioned by CiPD and John Lewis Partnership and the report is available here on the CiPD website: Pay progression: Understanding the barriers for the lowest paid.
It was also referenced in a piece in yesterday’s FT (Public sector cuts worsen low-pay trap 21st October 2014)
Key results are the vulnerability of part-time workers, and in particular those with children of pre-school age. In practice this means that women who are on low wages working part-time are much more likely to be “stuck” there.