Author Archives: Rachel Gibbs

Publication of Working paper No.18: Emissions and our tax forecasts

Several of the UK’s tax bases are directly linked to activities that generate greenhouse gas emissions, with others indirectly linked. So as emissions fall as the UK transitions to net zero, receipts generated from these emissions-linked taxes will be affected. In this working paper, we conduct an initial, high-level analysis to explore the proportion of…

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Summer 2023 review of the supply-side effects of policies

In November 2022, in Briefing Paper No. 8: Forecasting potential output – the supply side of the economy, we described the framework we use when assessing whether and how to incorporate the impact of policy measures on our forecast for potential output (the ‘supply-side’ of the economy). We have applied this framework in our November…