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:

DWP Areas of Research Interest 2023 GOV UK

Related UKRI funded projects

  • 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

    Lead research organisation: London School of Economics and Political Science

    Why might this be relevant?

    The project focuses on the impact of prices on inequality and living standards, which directly addresses the question.

  • NIESR Living Standards Evaluation Project

    We propose a interdisciplinary research project into the key drivers of Living Standards, in pro-bono partnership with the Joseph Rowntree Foundation (JRF). Context and challenges Based on our extensive experience acro...

    Funded by: UKRI

    Lead research organisation: National Institute of Economic and Social Research

    Why might this be relevant?

    The project specifically evaluates the impact of rising inflation on living standards for different groups, providing a comprehensive analysis.

  • 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

    Lead research organisation: London School of Economics and Political Science

    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.

  • 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

    Lead research organisation: University of Essex

    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.

Similar ARIs from other organisations

Ensuring the financial sustainability of the UK press sector What challenges are posed by inflation in both demand and supply contexts? Department for Digital, Culture, Media & Sport, 2023
See details
Need and demand What factors will shape the demand for home ownership in future? What will the future trend in homeownership look like under different scenarios? Department for Levelling Up, Housing and Communities, 2022
See details