Centre for Economic Research on Ageing, Institute for Fiscal Studies
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Type of institution
Research centre
Website
http://www.ifs.org.uk/centres/CERA
Description
The centre for economic research on ageing is directed by Professor James Banks and comprises a group of empirical microeconomists who work at the Institute for Fiscal Studies and University College London. Central to the research agenda is the analysis of economic decisions over the life-cycle and, in particular, saving, pensions and retirement choices. At the heart of the centre is the design, and econometric analysis, of individual level data on all aspects of later life, including economic and social position, health and cognitive function. Such data is becoming increasingly available in many countries and cera researchers are working actively with economists and non-economists both nationally and internationally to bring the analysis of such data to the forefront of the policy debate. In particular, the centre is engaged in collaborative work with similar groups of economists in Europe and the US and with medical and sociological researchers at the Department of Epidemiology and Public Health at UCL.
Aims
The issues raised by ageing populations, and in particular the topics of retirement, saving and pension provision, are some of the most important policy issues currently facing the government. Increasingly, economists are developing new techniques and collecting new data designed to understand such issues, and researchers at the Institute for Fiscal Studies have been at the forefront of these activities in the UK. The centre for economic research on ageing gathers together IFS research in these areas and takes it forward on a coherent basis, targeting the research towards the key public policy questions in the economics of ageing.
Main research areas
Research at the Centre covers all areas related to the economics of ageing populations, in particular:
Incomes of the elderly and economic inequalities in the older population
Financial asset holding and retirement saving
Pension provision and pension reform
The nature and timing of retirement decisions
Health, disability, disability benefits and labour market activity of older workers
International comparative research on the above issues The design and collection of new data for studying ageing
Research disciplines
Basic natural sciences,Medical/Clinical Sciences/Nursing,Social/Behavioral,Economics,Demography
Contact
Professor James Banks
Address
The Institute for Fiscal Studies
Third floor
7 Ridgmount Street
London
United Kingdom
WC1E 7AE
Telephone
020 7291 4800
mailbox@ifs.org.uk
