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Can improving UK skills levels reduce poverty and income inequality by 2020?

Improving skills among the workforce is seen as fundamental to achieving a more competitive economy and maintaining... Show more
Improving skills among the workforce is seen as fundamental to achieving a more competitive economy and maintaining productivity. Using data from the British Household Panel Survey this report investigates how projected improvements in skills levels in the UK economy between now and 2020 will affect rates of poverty and income inequality. The report: models the impact of skills on the probability of employment and on earnings derived from employment for working-age people; uses estimates from these models to predict the distribution of earnings, and simulate the distribution of net household incomes, likely to arise from the distribution of skills by 2020; and predicts the levels of poverty and income inequality likely to be engendered by the different distribution of skills.
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Authors: Taylor, Mark; Haux, Tina; Pudney, Steve

Date: 2012

Geographic subjects: Great Britain; Europe

Resource type: Report, paper or authored book

Subjects: Skills and knowledge; Workforce development; Disadvantaged ... [+] Show more
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Skills, employment, income inequality and poverty: theory, evidence and an estimation framework

This paper: (1) explains the meaning of 'skills' and some of the theories about the relationships between skills, e... Show more
This paper: (1) explains the meaning of 'skills' and some of the theories about the relationships between skills, employment and earnings; (2) investigates the likely impact on income inequality and poverty of improving the skills of the population in the UK; and (3) presents a new framework to assess the impact on income inequality and poverty of future changes to the distribution of skills and qualifications. The Joseph Rowntree Foundation (JRF) commissioned this paper as part of its programme on the future UK labour market, which aims to understand the links between people's skills, the labour market and household income to develop coherent strategies to minimise future poverty and inequality in the UK.
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Authors: Taylor, Mark; Haux, Tina; Pudney, Steve

Date: 2012

Geographic subjects: Great Britain; Europe

Resource type: Report, paper or authored book

Series name: JRF programme paper

Subjects: Skills and knowledge; Employment; Income ... [+] Show more

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Can improving UK skills levels reduce poverty and income inequality by 2020?

Skills, employment, income inequality and poverty: theory, evidence and an estimation framework