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simonpittaway.bsky.social
Working on macro, wealth and household balance sheets at the Resolution Foundation.
31 posts 359 followers 44 following
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The UK economy unexpectedly grew by 0.1% in the last quarter of 2024 on the back of an unexpectedly strong December. But yet another fall in GDP per capita underlines our ongoing living standards squeeze. A thread on the key takeaways from today’s data.🧵

submitted 21 days ago • 2 comments

One reason why UK low-income households are especially poor (by intl. standards) is the cost of goods & services for this demographic. What’s behind this – and what should be done? @simonpittaway.bsky.social of @resfoundation.bsky.social explores #LSEInequalitiesBlog

submitted 36 days ago • 1 comment

Are any marketsy people on here able to explain why gilt-OIS spreads have risen so much over the past year? The timing is consistent with QT being the driver, but that's only circumstantial evidence.

submitted 36 days ago • 2 comments

When comparing incomes across countries, we adjust for the local price of all goods and services (known as purchasing power parity, or PPP). But when comparing the incomes of poorer households, shouldn’t we focus on the price of things that matter most to them?🧵

submitted 52 days ago • 2 comments