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Centre for Policy on Ageing | |
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Stagnation generation
— the case for renewing the intergenerational contract | | Author(s) | Laura Gardiner |
| Corporate Author | Resolution Foundation; Intergenerational Commission |
| Publisher | Resolution Foundation, London, July 2016 |
| Pages | 52 pp |
| Source | http://www.resolutionfoundation.org/publications/s... |
| Keywords | Older people ; Young adults [20-25] ; Demography ; Social economics ; Social welfare ; Social policy. |
| Annotation | The Resolution Foundation has convened an Intergenerational Commission to explore questions of intergenerational fairness. Chaired by David Willetts, the Commission's membership comprises leaders from business, academia and policy-making, to "devise a means of repairing the social contract between generations". The narrative of this first report is that a combination of demographic, economic and cultural factors is bringing intergenerational concerns to the fore, such as that millennials (those born between 1982 and 2000) risk becoming the first ever generation to record lower lifetime earnings than their predecessors. The report uses research datasets to explore evidence and causes of different labour market outcomes across the generations. Focusing on housing and pensions, it considers generational divergence in household wealth. It reviews the role of the welfare state in living standards outcomes for different generations, and the impact of recent tax and benefit policy changes on the young and old. It concludes by setting out the scope of the solutions that the Intergenerational Commission will work towards. (RH). |
| Accession Number | CPA-160722001 E |
| Classmark | B: SD6: S8: W4: TY: TM2 |
Data © Centre for Policy on Ageing |
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| ...from the Ageinfo database published by Centre for Policy on Ageing. |
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