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Cross countries: international comparisons of intergenerational trends

Executive Summary In this report – the fifteenth for the Intergenerational Commission – we explore the extent to which the UK’s generational living standards challenge is replicated in other high-income economies, focusing on trends in household income and experiences in the labour and housing markets. Public concern about the living standards of young adults compared […]

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A welfare generation: lifetime welfare transfers between generations

Concerns about the living standards of different generations are currently high on the agenda, and appear unlikely to dissipate any time soon. This is particularly the case when the coming decades bring with them a potent mix of increasing longevity and the sheer size of the baby boomer cohort swelling the older population, creating growing […]

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The million dollar be-question: inheritances, gifts, and their implications for generational living standards

It is becoming increasingly evident that the 20th century promise of generation-on-generation living standards improvements is under threat today. In a range of areas, millennials (born 1981-2000) are falling behind their predecessors at the same age. Nowhere is this reversal of generational progress clearer than in relation to home ownership and wider wealth accumulation. Millennials […]

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