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| The Returns to Education
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This paper reviews the literature that has tried to estimate the impact of human capital on national economic growth, or, in other words, the returns to education that accrue at the macro-economic level. The potential economic externalities to education should, in principle, be captured at this level of aggregation. The larger are these social returns, the greater is the prima facie case for channelling public resources into education. "The returns to education: a review of the empirical macro-economic literature" by Barbara Sianesi and John Van Reenen is published by the Institute for Fiscal Studies.. | By Institute for Fiscal Studies , UK. | Macro Economic Policy Resource. |
| IFS Green Budget "
The Institute for Fiscal Studies present their well respected Green Budget - an annual look at the tax and spending choices open to the British government before the official budget. Highlights from this year's Green Budget include discussions of the prospects for financing Higher Education through a graduate tax, R&D tax credits and asset-based welfare reforms. | By Institute for Fiscal Studies , UK. | Macro Economic Policy Resource. |
| UK Investment. High, Low, Falling? "
Nicholas Bloom and Stephen Bond of the Institute for Fiscal Studies ask whether investment is high by historical standards and in comparison to other countries. They conclude that business investment (minus government investment and investment in property) is high but using broader measures of investment show a comparatively low level of investment as a proportion of GDP. | By Institute for Fiscal Studies , UK. | Macro Economic Policy Resource. |
| Inequality and Living Standards in Britain"
Income inequality continued to rise under the first two years of the Labour government, and, on the latest figures, remains higher than before the present Government came to power. Alissa Goodman sets out some basic facts about the distribution of income in Great Britain, and explains the reasons behind some of the main trends. Areas covered include the important changes which have occurred in the labour market, demographics and taxes and benefits. Published by the Institute for Fiscal Studies | By Institute for Fiscal Studies. , UK. | Macro Economic Policy Resource. |
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