Income, Expenditure and the Living Standards of UK Households
The authors are grateful to James Banks. Ian Crawford, Angus Deaton, Paul Johnson, François Laisney, Costas Meghir, Sarah Tanner, Ian Walker. Steven Webb and an anonymous referee for advice and comments. This study is part of the programme of research of the ESRC Centre for the Microeconomic Analysis of Fiscal Policy at IFS. The financial support of the ESRC is gratefully acknowledged. Material from the Family Expenditure Survey made available by the Central Statistical Office through the ESRC Data Archive has been used by permission of the Controller of Her Majesty's Stationery Office. The authors alone bear responsibility for the analysis and interpretation of the data reported here.