Research Cluster: OISP
Start Date: 01.09.2015
End Date: 31.08.2017
Employment, Equity and Growth
Funded by: Resolution Foundation, Institute for New Economic Thinking at the Oxford Martin School
This research programme seeks to understand why current economic growth models are failing the middle and below income group in many developed countries and what may be required for better, fairer growth. The programme will use new economic tools and an empirical approach look at inequality from a more “bottom-up” emergent perspective to examine how different growth models can lead to different outcomes. The programme's work will support the development of new public policy approaches to rising inequality and declining social mobility. The programme is a partnership between the Department of Social Policy and Intervention, the Institute for New Economic Thinking in the Oxford Martin School, and the Resolution Foundation.
Key research questions are:
1. How distinctive is Britain’s experience in terms of inequality and living standards? Was pre-crisis stagnation a sign of things to come?
2. How are labour market changes, linked with technology and globalisation, driving trends in middle and below incomes from work, and what role does income from capital play?
3. How might pre-distribution of market income and redistribution via taxes and transfers deliver more effectively for middle and below households?
4. What are the long-term/intergenerational threats from increasing inequality and stagnating living standards and how can they be averted?
5. What are the growth models that have been successful in securing rising prosperity for middle and below households and what policies and institutional structures have supported such growth models?
For further information please contact Brian Nolan brian.nolan(at)spi.ox.ac.uk
Paskov, M. (2015) "Is solidarity less important and less functional in egalitarian contexts?", Acta Sociologica