The UK Savings Gap

2006 ◽  
Vol 198 ◽  
pp. 97-111 ◽  
Author(s):  
Ehsan Khoman ◽  
Martin Weale
Keyword(s):  
Old Age ◽  
National Income ◽  
Household Wealth ◽  
Current Pattern ◽  
Absolute Level ◽  
Individual Preferences ◽  
The United Kingdom ◽  
Percentage Points ◽  
Using Data ◽  
The Uk

We set out a framework for measuring the adequacy of saving in the United Kingdom by assessing the absolute level of savings based on individual preferences of different ages. We examine this relationship between age and savings using data from the Expenditure and Food Survey 2004–5. We show that, while the level of national saving is about 8.4 percentage points of net national income lower than is required if one assumes that each cohort pays its own way, wealth holdings are considerably higher than are required on the same basis. Looking at household, rather than national saving, the current pattern of benefits on public sector pensions removes the need to save for old age. While perhaps £4000m of household wealth holding can be accounted for by bequest and other transfer motives, our results suggest excess wealth holding of around £1600m in 2004.

scholarly journals Exploring the Relationship Between Palatal Cleft Type and Width With the Use of Relieving Incisions in Primary Repair

2021 ◽  
pp. 105566562110196
Author(s):  
Alex Davies ◽  
Amy Davies ◽  
Yvonne Wren ◽  
Scott Deacon ◽  
Alistair R.M. Cobb ◽  
...  
Keyword(s):  
Oral Mucosa ◽  
Primary Repair ◽  
Fistula Formation ◽  
The United Kingdom ◽  
Using Data ◽  
The Uk ◽  
The Relationship ◽  
Soft Edge ◽  
Intravelar Veloplasty ◽  
Pierre Robin

Objective: The mainstay of palatal repair in the United Kingdom is the intravelar veloplasty (IVVP). It is not always possible to align the oral mucosa in the midline to achieve tension-free repair. The addition of lateral relieving incisions may aid transposition of the oral mucosa to allow closure. The aim of this study was to explore cleft features that may predispose to a requirement for relieving incisions in order to allow palate closure. Design: We performed a national multiinstitutional retrospective study using data from the UK Cleft Collective cohort study. Patients: The study sample consisted of 474 patients who had undergone IVVP at the time of palatal closure across all 16 of the UK cleft units. Results: We found strong evidence for the requirement for relieving incisions in patients with an increased degree of clefting per the Veau classification ( P < .001), increasing palatal soft-edge width ( P < .001) and moderate evidence of an associated use in patients with Pierre Robin sequence ( P = .015). Insufficient data were available to explore the relationship between intertuberosity distance and the presence of fistula formation with the use of relieving incisions. Conclusions: The results of this study identify cleft features that increase the likelihood for requiring lateral relieving incisions to allow palatal closure. The degree to which the addition of relieving incisions to IVVP affects maxillary growth and speech outcomes is unknown. Further study is required to answer this important question.

scholarly journals Re-calculating the cost of coccidiosis in chickens

2020 ◽  
Vol 51 (1) ◽  
Author(s):  
Damer P. Blake ◽  
Jolene Knox ◽  
Ben Dehaeck ◽  
Ben Huntington ◽  
Thilak Rathinam ◽  
...  
Keyword(s):  
Egg Production ◽  
The United States ◽  
The United Kingdom ◽  
Chicken Population ◽  
Global Cost ◽  
Using Data ◽  
The Uk ◽  
The Cost ◽  
The Impact ◽  
Significant Disease

Abstract Coccidiosis, caused by Eimeria species parasites, has long been recognised as an economically significant disease of chickens. As the global chicken population continues to grow, and its contribution to food security intensifies, it is increasingly important to assess the impact of diseases that compromise chicken productivity and welfare. In 1999, Williams published one of the most comprehensive estimates for the cost of coccidiosis in chickens, featuring a compartmentalised model for the costs of prophylaxis, treatment and losses, indicating a total cost in excess of £38 million in the United Kingdom (UK) in 1995. In the 25 years since this analysis the global chicken population has doubled and systems of chicken meat and egg production have advanced through improved nutrition, husbandry and selective breeding of chickens, and wider use of anticoccidial vaccines. Using data from industry representatives including veterinarians, farmers, production and health experts, we have updated the Williams model and estimate that coccidiosis in chickens cost the UK £99.2 million in 2016 (range £73.0–£125.5 million). Applying the model to data from Brazil, Egypt, Guatemala, India, New Zealand, Nigeria and the United States resulted in estimates that, when extrapolated by geographical region, indicate a global cost of ~ £10.4 billion at 2016 prices (£7.7–£13.0 billion), equivalent to £0.16/chicken produced. Understanding the economic costs of livestock diseases can be advantageous, providing baselines to evaluate the impact of different husbandry systems and interventions. The updated cost of coccidiosis in chickens will inform debates on the value of chemoprophylaxis and development of novel anticoccidial vaccines.

scholarly journals Demand, dysfunction and distribution: The UK growth model from neoliberalism to the knowledge economy

2021 ◽  
pp. 136914812110580
Author(s):  
Nick O’Donovan
Keyword(s):  
Growth Model ◽  
Growth Models ◽  
Aggregate Demand ◽  
National Income ◽  
Knowledge Work ◽  
Broad Distribution ◽  
Distribution Of Wealth ◽  
Using Data ◽  
The Uk ◽  
Capital Ownership

Theories of ‘growth models’ explain capitalist diversity by reference to shifting drivers of aggregate demand in different national economies. This article expands the growth models framework beyond its conventional focus on debt-driven and export-driven demand, through an ideational analysis of Thatcher’s vision of a property-owning democracy, and Blair’s knowledge-driven growth agenda. Drawing on policymakers’ statements, it shows how these hypothetical growth models differed from the debt-driven growth model that ultimately prevailed. Using data on the distribution of wealth and wages, it highlights how both approaches failed to generate sustainable demand; in Thatcher’s case, because of an insufficiently broad distribution of capital ownership, in Blair’s case, because of an insufficiently broad distribution of lucrative knowledge work. This indicates that explanations of dysfunctional growth models need to consider not just the split of national income between labour and capital, but also the distribution of both labour income and capital income between households.

Economic Performance in France, Germany and the United Kingdom: 1997–2002

2004 ◽  
Vol 188 ◽  
pp. 83-99 ◽  
Author(s):  
Robert Metz ◽  
Rebecca Riley ◽  
Martin Weale
Keyword(s):  
United Kingdom ◽  
National Income ◽  
Poor Quality ◽  
Supply Side ◽  
Tax Rates ◽  
Factor Productivity ◽  
The United Kingdom ◽  
The Uk ◽  
Factor Inputs ◽  
Real National Income

We assess the performance of France, Germany and the United Kingdom over the period 1997-2002. Gross and net output per hour worked are considerably lower in the UK than in France and Germany. GDP in France and the UK have grown at the same rates over the period although real national income in the UK has grown considerably faster than in France. Seen from the supply side, French growth is substantially attributable to growth in total factor productivity while in the UK factor inputs are more important. There is, nevertheless, a concern that, at the margin, UK growth may be depreciation-intensive and therefore of poor quality. Germany's growth has been slow because productive inputs have grown only slowly and its weak performance is probably structural rather than cyclical. There does seem to be room for substantial increases in labour input in both France and Germany to be achieved through reform to labour market conditions such as tax rates on low paid workers.

scholarly journals Discrimination by politicians against religious minorities: Experimental evidence from the UK

2021 ◽  
pp. 135406882110210
Author(s):  
Lee Crawfurd ◽  
Ukasha Ramli
Keyword(s):  
Political Parties ◽  
Experimental Evidence ◽  
Minority Group ◽  
Conservative Party ◽  
Religious Groups ◽  
Religious Minorities ◽  
The United Kingdom ◽  
Percentage Points ◽  
Correspondence Study ◽  
The Uk

Are Labour party politicians anti-Semitic, and are Conservative party politicians Islamophobic? In this correspondence study we measure the responsiveness of elected local representatives in the United Kingdom to requests from putative constituents from minority religious groups. We send short email requests to 10,268 local government representatives from each of the main political parties, from stereotypically Islamic, Jewish, and Christian names. Response rates are six to seven percentage points lower to stereotypically Muslim or Jewish names. The two major political parties both show equal bias towards the two minority group names. Results suggest that the bias in response may be implicit. Bias is lower in more dense and diverse locations.

scholarly journals The Shared Economy

2021 ◽  
Author(s):  
KC LOH
Keyword(s):  
Marginal Utility ◽  
National Income ◽  
Disposable Income ◽  
Allocation Of Resources ◽  
National Statistics ◽  
Wide Range ◽  
Household Disposable Income ◽  
Using Data ◽  
The Uk

Abstract: The theory of marginal utility describes how consumers choose between goods. However, marginal utility has also found application in a wide range of weightier subjects. For example, marginal utility can be used in the allocation of resources in healthcare programmes. This paper posits that marginal utility is also applicable in the allocation of the national income among corporations, government, and households. Using data from the UK Office for National Statistics, this paper finds that for the most part of the decade, from 2009 to 2018, household disposable income fell short of what might be considered an optimal share of the national income.

The United Kingdom

2021 ◽  
pp. 775-800
Author(s):  
Jack Blumenau ◽  
Roberta Damiani
Keyword(s):  
Institutional Setting ◽  
House Of Commons ◽  
Leadership Positions ◽  
The United Kingdom ◽  
Parliamentary Debate ◽  
The Commons ◽  
The Government ◽  
Using Data ◽  
The Uk ◽  
Over Time

We describe the institutional setting of parliamentary debate in the UK House of Commons and assess the determinants of participation in Commons’ debates using data on more than two million speeches from 1979 to 2019. We show that the main determinant of participation in parliamentary debate in the UK is whether an MP holds an institutionally powerful position in either the government or opposition parties. In addition, we describe two patterns in the evolution of debate behavior in the Commons over time. First, although MPs in government and opposition leadership positions give more speeches than backbench MPs in all periods that we study, the speechmaking “bonus” these actors enjoy has decreased over time. Second, MPs have increasingly employed constituency-oriented language in their parliamentary speeches over the past forty years, a finding we link to theoretical accounts of legislative competition in personal-vote-seeking electoral systems.

scholarly journals Senior Registrar Training in Old Age Psychiatry in the United Kingdom

1988 ◽  
Vol 12 (6) ◽  
pp. 233-234
Author(s):  
J. P. Wattis
Keyword(s):  
Old Age ◽  
The Elderly ◽  
Psychiatric Training ◽  
Senior Registrar ◽  
The United Kingdom ◽  
Old Age Psychiatry ◽  
One Year ◽  
The Uk ◽  
Special Responsibility ◽  
Registrar Training

The Joint Committee on Higher Psychiatric Training (JCHPT) requires senior registrars (SRs) training for special responsibility posts in old age psychiatry to spend between one year and 18 months in higher training posts in which psychiatry of old age forms the major part of the work. Although only about a third of consultants in a recent survey had such training, there was strong evidence that more recently appointed consultants were likely to have recommended training. The availability of suitable training ‘slots’ seems likely to play a major role in how quickly specialised psychiatric services for old people can develop in response to the rising challenge posed by demographic changes. Jolley has already demonstrated how developments have been delayed by a shortage of properly trained candidates. Despite this the situation has now been reached where over two-thirds of the elderly population of the UK are served by specialised consultants albeit sometimes at inadequate manpower levels.

scholarly journals Transnational Entrepreneurship & Ghanaians Abroad: What are the Motives? A Case Study in Europe and United States of America.

2017 ◽  
Vol 4 (3) ◽  
pp. 210-222
Author(s):  
Elvis Asiedu
Keyword(s):  
Average Score ◽  
Small Scale ◽  
Self Employment ◽  
The United Kingdom ◽  
Doing Business ◽  
The Usa ◽  
Transnational Entrepreneurship ◽  
Using Data ◽  
The Uk ◽  
Managerial Capabilities

Using data collected from Ghanaians living in the United Kingdom, and the USA; this research examined the motives that drive the performance of transnational entrepreneurship, the mobility involves and why such businesses normally fail. The study was conducted in 2013-2017; with a population size of 120 Ghanaians living in the UK and the USA. The objective was to find out what really drives the performance of these entrepreneurs who operate in a condition where costs may be known but rewards are uncertain, yet they are motivated. The research employed both deductive and exploratory approach and the methods were both primary and secondary. The study focused on small-scale entrepreneurs who run their businesses through personal social connections.The general results show that though individuals motives for seeking self-employment are diverse and numerous; and differ on certain points. However, there are some basic motives common to all and that is majority of the respondents with the average score of 63.3% supported that Economic Mobility, Financial Independence, Success Perspective, and Social Factors, are the most driven factors for the engagement in transnational entrepreneurship.  We discovered that in a small-scale business, where most often do not have the needed managerial capabilities to engage in corporation, trust can be used to avoid loses that might come as a result of someone’s misconduct.  We also discovered that the successes of these entrepreneurs are based on attitudinal; the degree of embededdness in the home country; personal and the institutional regulations of the destination countries. The results found that Ghana Transnational Entrepreneurs (GTE) are more into Merchandising Business with (59.21%) as compared to Service Business (34.21%) and Manufacturing Business (10.53%); and such businesses are managed and run mostly by their families (59.21%). Ashanti Region of Ghana was spotted to be more involved in doing business with 52.63%. Int. J. Soc. Sc. Manage. Vol. 4, Issue-3: 210-222

A Trend Analysis of Air Traffic Occurrences in the UK Airspace

2003 ◽  
Vol 56 (2) ◽  
pp. 211-229 ◽  
Author(s):  
Arnab Majumdar ◽  
Washington Ochieng
Keyword(s):  
United Kingdom ◽  
Traffic Control ◽  
Performance Indicator ◽  
Significant Risk ◽  
Air Traffic ◽  
Civil Aviation ◽  
The United Kingdom ◽  
Recent Occurrence ◽  
Using Data ◽  
The Uk

The volume of air traffic has increased considerably in the United Kingdom in recent decades and with further predicted increases, there is concern that safety is not compromised. In the UK, the number of occurrences is a key safety performance indicator. An occurrence can be thought of as a failure in the chain of operations in the air traffic system. Some of these occurrences result in a loss of separation between aircraft, varying from a slight loss of separation posing no danger of collision to a very serious loss with a significant risk of collision, known as an airprox. However, in the UK this definition is extended to include controller overload that does not necessarily involve a loss of separation. This paper analyses recent occurrence trends in the UK airspace attributed to air traffic control during the period 1998 to 2000 using data from the Civil Aviation Authority and the United Kingdom Airprox Board. The results indicate a decline in the rate of occurrences over the period 1990–1999 due to safety aids on board aircraft and in control rooms. Furthermore, the different conditions under which airproxes occur have been explored and observations made on duration and causes of controller overloads.

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