CEP Public Events
Hosted with the Resolution Foundation and the Nuffield Foundation
Economy 2030 Inquiry
Gaining from growth
Wednesday 03 November 2021 16:00 - 17:00
This event is both online and in personOff Campus
While GDP is rarely discussed in the pub, the feedthrough from economic growth to higher wages is central to boosting family living standards. And while both pay and wider economic growth have been in short supply in the UK over the past decade, there is growing unease at the sense that these two crucial measures of economic progress have been decoupled, threatening the idea that we all gain from growth.
What is the relationship between GDP and pay? How does it vary in the US and UK, and how has that relationship changed over recent decades? Are we seeing periods of 'wage-less economic growth' or even 'wage-led recoveries' and what does this mean for our economy? And how can we re-establish a model of strong, sustainable and equitably shared economic growth amid a decade of profound economic change in the 2020s?
More information is available at resolutionfoundation.org.
John Van Reenen Ronald Coase Chair in Economics at the London School of Economics
Rachel Reeves MP Shadow Chancellor
Gavin Kelly (chair) Chair of the Resolution Foundation
Participants are expected to adhere to the CEP Events Code of Conduct.
This event will take place Off Campus.