How has rising inflation impacted on the living standards for different groups?
Background
This encompasses priorities around:
- promoting financial resilience and reducing poverty, including by harnessing the full set of levers available through the Department and its public bodies, other government departments and Local and Combined Authorities
- supporting people to help meet the cost of living and work across government to support the formulation and delivery of effective housing policies, particularly with the Department for Levelling Up, Housing and Communities (DLUHC)
- delivering financial security for low-income working adults, and for children in low-income households
Next steps
Send correspondence and further questions to evidence.strategyteam@dwp.gov.uk.
Source
This question was published as part of the set of ARIs in this document:
Related UKRI funded projects
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PI: Prices and Inequality
While wealth inequality and income inequality have been studied extensively, little is known about the impact of prices on inequality. PI will put prices and consumption at the core of the study of inequality, proceeding...
Funded by: Horizon Europe Guarantee
Why might this be relevant?
The project focuses on the impact of prices on inequality and living standards, which directly addresses the question.
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DISINF: The Distributional Consequences of Inflation
It is often said that inflation is costly because it redistributes from some agents in the economy to others. Yet, this is rarely measured, and its consequences in models with rich heterogeneity remain under-explored. Th...
Funded by: Horizon Europe Guarantee
Why might this be relevant?
The project explores the distributional consequences of inflation, which is related to the impact of rising inflation on living standards for different groups.
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Understanding Household Finance through Better Measurement
To date there are no surveys in the UK (or other developed countries) that measure income, expenditure, assets and debts for the same households. These data limitations constrain our understanding of the dynamics of livi...
Funded by: ESRC
Why might this be relevant?
The project focuses on understanding household finance and measurement, which is not directly related to the impact of rising inflation on living standards for different groups.