Wealth in the UK Distribution, Accumulation, and Policy

by Hills, John; Bastagli, Francesca; Cowell, Frank; Glennerster, Howard; Karagiannaki, Eleni; McKnight, Abigail

• ISBN13: 9780198729402
• ISBN10: 0198729405
• Format: Paperback
• Copyright: 2015-09-15
• Publisher: Oxford University Press

Author Biography

John Hills, Professor of Social Policy and Director of the Centre for Analysis of Social Exclusion, London School of Economics,Francesca Bastagli, Research Fellow, Centre for Analysis of Social Exclusion, London School of Economics,Frank Cowell, Professor of Economics, London School of Economics,Howard Glennerster, Professor Emeritus, London School of Economics,Eleni Karagiannaki, Research Officer, Centre for Analysis of Social Exclusion, London School of Economics

John Hills is Professor of Social Policy and Director of the Centre for Analysis of Social Exclusion (CASE) at the London School of Economics. His research interests include income distribution and the welfare state, social security, housing and taxation. He led an independent review of the measurement of fuel poverty for the Department of Energy and Climate Change that reported in March 2012. He was also Chair of the National Equality Panel (2008-2010), carried out a review of the aims of social housing for the Secretary of State for Communities in 2006-07 and was one of the three members of the UK Pensions Commission from 2003 to 2006. He was Co-Director of the LSE's Welfare State Programme (1988-1997), and Senior Adviser to the Commission of Inquiry into Taxation, Zimbabwe (1984-86). He worked at the Institute for Fiscal Studies (1982-84), for the House of Commons Select Committee on the Treasury (1980-82), and at the Department of the Environment (1979-80).


Francesca Bastagli is Research Fellow at the Centre for Analysis of Social Exclusion, London School of Economics. Her research focusses on poverty and inequality, public policy evaluation, and international comparative social policy.


Frank Cowell is Professor of Economics, London School of Economics and Director of the Public Economics Programme, STICERD. He is editor of Economica and Associate Editor of the Journal of Economic Inequality. His research interests include income and wealth distribution, inequality and poverty, and issues in taxation. His work has appeared in several leading journals and his publications include The Economics of Poverty and Inequality (Edward Elgar, 2006), Microeconomics: Principles and Analysis (OUP, 2008), and Measuring Inequality, 3e (OUP, 2011).


Howard Glennerster is Emeritus Professor of Social Policy at the LSE and an associate member of CASE. Over 40 years, he has written widely on public expenditure and public finance in the social policy field especially. He was a contributing author to the first edition of 'The State of Welfare: The Economics of Social Spending' (OUP,1990) and co-editor of, and contributor to, the second edition (1998). He is co-author with John Hills and Tony Travers of' Paying for Health Education and Housing' (OUP, 2000), author of 'British Social Policy: 1945 to the Present' (Blackwells, 2007), and of 'Understanding the Finance of Welfare' published (Policy Press, 2e, 2008).


Eleni Karagiannaki is Research Officer at the Centre for Analysis of Social Exclusion, LSE.


Abigail McKnight is Senior Research Fellow at the Centre for Analysis of Social Exclusion, London School of Economics. Dr McKnight's research interests include low wage employment and labour market inequality, the distribution of wealth, asset-based welfare, evaluation of active labour market programmes, social mobility, and the economics of education.

Table of Contents

PART I: WEALTH AND DISTRIBUTION
1. Introduction, John Hills
2. Trends in the Distribution of Wealth in Britain, John Hills and Francesca Bastagli
3. UK Wealth Inequality in International Context, Frank Cowell
PART II: PERSONAL WEALTH ACCUMULATION AND ITS IMPACTS
4. Wealth Accumulation, Ageing, and House Prices, Francesca Bastagli and John Hills
5. Inheritance, Transfers, and the Distribution of Wealth, Eleni Karagiannaki and John Hills
6. The Wealth Effect: How Parental Wealth and Own Asset-Holdings Predict Future Advantage, Abigail McKnight and Eleni Karagiannaki
PART III: WEALTH AND POLICY
7. Differing Public Policy Traditions, Howard Glennerster
8. Public Policy, Wealth, and Assets: A Complex and Inconsistent Story, John Hills and Howard Glennerster
9. Wealth and Policy: Where Do We Go From Here?, John Hills and Howard Glennerster