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ESRC Festival of Social Science

Top Pay in the UK

CHAIR: Will Hutton, Principal, Hertford College, Oxford and Chair of the Independent Review of Fair Pay in the Public Sector


  • Professor Tim Besley, Professor of Economics and Political Science and Director of STICERD
  • Dr Brian Bell, Centre for Economic Performance, LSE
  • Professor John Van Reenen, Director, Centre for Economic Performance, LSE

DATE: Friday 4th November 2011

TIME: 2.00 - 3.30pm

VENUE: CEP Conference Room R405, 4th Floor, LSE Research Lab, Lionel Robbins Building, Portugal Street, London WC2A 2HD  (map & directions)

Download Event Flyer (PDF)
Download Press Release
Download Bell/Van Reenen Slides
Download Bell/Van Reenen Paper
Download Besley Slides

OVERVIEW: As part of the ESRC Festival of Social Science, the CEP will host a seminar and general discussion on the issue of Top Pay in the UK. The event is open to the general public and will be chaired by Will Hutton (Principal, Hertford College, Oxford and Chair of the Independent Review of Fair Pay in the Public Sector). There will be two presentations by LSE academics:

Dr Brian Bell and Professor John Van Reenen will discuss how pay at the top has changed over the last few decades. They will focus in particular on the pay of bankers and CEOs and ask whether there is any evidence that pay is linked to performance.

Professor Tim Besley will address the issue of bankers bonuses and examine what policies might be appropriate when investors are protected by taxpayers from the downside risk. These will be followed by a lively discussion on the issues raised.

This event is free to attend but you must register. To do so please email Jo Cantlay j.m.cantlay@lse.ac.uk.

Suggested hashtag: #toppay