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  • Tue, 17 Jan 2017 07:04:23

    Data on electricity demand shows a slowdown in manufacturing post-Brexit

    Like many others we were frustrated about the absence of both reliable and (almost) real-time economic indicators about the true state of the economy post-Brexit. Survey data was plentifully available, but often contradicted itself, and appeared to be heavily biased towards the political leaning of the sponsor. Hence, we decided to look for a truly independent and reliable indicator, which […]
  • Fri, 13 Jan 2017 14:32:00

    How important is providing careers-related information for students?

    CVER Director Sandra McNally looks at career advice on offer to students, and what works

    The type and quality of education matters for labour market prospects, as reflected in future employment and earnings. There is often dissatisfaction expressed with the careers information and advice provided to students at school and beyond. It’s a matter of common sense (rather than academic study) to say that students do need to have good quality careers information and advice. What isn’t clear is whether cheap information interventions are really going to make the difference for young people as they approach the time where they need to make important decisions. In recent years, there have been a number of economic studies that have used rigorous approaches to test whether simple information interventions actually work. I have reviewed this for a recent IZA World of Labor paper, which focuses on results from 10 evaluations implemented via Randomised Control Trials

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  • Thu, 22 Dec 2016 07:00:14

    More public holidays would boost national wellbeing

    Holidays, by Jim Lukach, under a CC-BY-2.0 licence On average, people are happier during festive seasons like Christmas and New Year celebrations. What’s more, increasing the number of mandatory public holidays would improve a country’s overall wellbeing. These are the consensus findings of a new survey from leading researchers on wellbeing from around the world. The wellbeing research group at LSE’s […]
  • Fri, 16 Dec 2016 07:04:14

    Fear of fracking affects house prices in the UK

    © DesignRaphael Ltd The UK government has recently given its approval for exploratory drilling and hydraulic fracturing – ‘fracking’ – for shale gas at two sites in Lancashire. This follows a similar decision for North Yorkshire earlier in the year. Some will see these approvals as landmark planning decisions marking the way to a low-cost energy future for the UK. For […]
  • Fri, 16 Dec 2016 07:00:37

    Fracking has made US manufacturing more competitive

    © DesignRaphael Ltd In the United States, exploitation of shale gas resources through a technology called hydraulic fracturing (‘fracking’) started an energy revolution from the early 2000s onwards. Fracking is now widely used across several major shale gas ‘plays’ (formations): most importantly, the Marcellus Shale of Pennsylvania, Ohio and West Virginia (see Figure 1). The surge in shale gas production has […]