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Household Saving in the UK

Banks, J; Tanner, S; (1999) Household Saving in the UK. (IFS Reports ). Institute for Fiscal Studies: London, UK. Green open access

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Abstract

The gradual shift in responsibility for welfare provision, from the government to individuals, is making household saving and wealth holding a key policy concern. Yet remarkably little is known about how much households save or the forms in which they save. Unlike income or expenditure, there is no official individual or household survey collecting detailed information on saving and wealth holdings on an ongoing basis. This has limited the possible analysis of how saving responds to the incentives created by policy changes. This report reviews the economics of household saving, the taxation of financial assets in the UK and official sources of information on saving and wealth. It also provides new information on trends in asset holding in the household population over the period 1978-96 and a detailed description of asset and wealth holdings in 1997-98.

Type: Report
Title: Household Saving in the UK
ISBN: 1873357931
ISBN-13: 9781873357934
Open access status: An open access version is available from UCL Discovery
DOI: 10.1920/re.ifs.1999.0062
Publisher version: http://www.ifs.org.uk/publications/3077
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH
URI: http://discovery.ucl.ac.uk/id/eprint/14176
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