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Meanwhile, some studies suggest that research productivity is slowing down, so that it takes more scientists to glean each new insight across a variety of fields. Fighting this slowdown is a worthy goal, but a difficult... Read more...
03 October 2019
A new paper by economists Nicholas Bloom, John Van Reenen and Heidi Williams canvasses the principal policies that governments have used to nurture innovation. A Toolkit of Policies to Promote Innovation, Nicholas Bloom... Read more...
20 September 2019
A recent article in the Journal of Economic Perspectives by Nicholas Bloom, John Van Reenen, and Heidi Williams examines the productivity slowdown and innovation policy. They note that in 2015 the United States spent the... Read more...
16 August 2019
Economists Nicholas Bloom, John Van Reenen and Heidi Williams have a new paper outlining possible ways to make that happen. They conclude that there are three policies that are fairly effective at spurring economically b... Read more...
09 August 2019
Of course, the relationship between R&D spending and broader technological progress is complicated. Translating research discoveries into goods and services isn't a simple or mechanical process. Other important elements ... Read more...
07 August 2019
…A mixture of different types of schools, all free from local authority control, leads to higher grades among pupils but also to greater unhappiness, according to researchers at the London School of Eco... Read more...
16 May 2018
Giving parents more choice over the type of school their children can attend raises academic attainment but leads to more unhappy pupils, researchers have found. This is because schools that face greater compe... Read more...
15 May 2018
The competition created by increased access to autonomous schools, such as academies, faith schools and private schools, raises academic achievement but decreases pupil wellbeing, a new study from the London S... Read more...
Health economists Zack Cooper, Stuart V. Craig, Martin Gaynor, and John Van Reenen recently released an updated version of an older paper analyzing variations in health-care pricing for privately ins... Read more...
10 May 2018
On a related note, health economists Zack Cooper, Stuart V. Craig, Martin Gaynor, and John Van Reenen recently released an updated version of an older paper analyzing variations in health-care pricin... Read more...
We’ve known for decades now that there is widespread variation in what different hospitals charge for the same medical procedures. Study after study confirms this finding (one of my favorite studies show... Read more...
09 May 2018
Pointing out the weaknesses of the small business, Professor Nicholas Bloom and his colleagues developed a survey instrument for measuring business quality. According to the Vietnam Chamber of Commerce and Ind... Read more...
02 May 2018
And academics at the Centre for Economic Performance at LSE looked at the relationship between marginal seats and hospital closures between 1997 and 2005. They found “Marginality…has a significant... Read more...
19 April 2018
In the latest issue of the Economic Journal, there’s new research looking at how marathon runners respond to prize money pots, studying races over the past three decades. It turns out that the contests w... Read more...
09 March 2018
Swati Dhingra and John Morrow discuss Efficiency in Large markets with Firm Heterogeneity. ABSTRACT: Empirical work has drawn attention to the high degree of productivity differences within industries, an... Read more...
18 January 2018
In practice, competitors often do not only choose their level of effort; they also have to decide between more or less risky strategies. For example, a pharmaceutical firm that is lagging behind in a patent ra... Read more...
02 November 2017
The standard metric of monopoly power is the concentration ratio, or the share of the market accruing to the top four (or 20) firms. In a 2017 paper, MIT’s David Autor, Christina Patterson, and John Van ... Read more...
26 October 2017
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20 October 2017
To what extent does the quality of management matter for a business to be successful? ask Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen ... Read more...
13 September 2017
A study by Zack Cooper, Martin Gaynor and John Van Reenen — economists at Yale, Carnegie Mellon University, and the London School of Economics, respectively — concludes that lack of competition and... Read more...
02 July 2017
Encouraging better work-life balance does not lead to higher productivity, academics at London School of Economics found. Neither does forcing workers into miserable servitude. Related publications &lsqu... Read more...
26 June 2017
Article by Nicholas Bloom, Erik Brynfolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta Eksten and John Van Reenen Disentangling the relationship between management practices and productivity ha... Read more...
17 May 2017
Freeing schools from council control raises academic attainment because it makes them compete, a study suggests. Researchers at the London School of Economics found that a mix of academies, free schools, faith... Read more...
16 May 2017
Olympians who won the silver medal are less happy than their counterparts who achieved bronze according to the results of a new study of the London 2012 Olympics and Paralympics. Researchers behind the study argue tha... Read more...
17 July 2016
The cost of medical care varies widely across the United States, a new study reports. Hospitals negotiate the cost of medical services with insurance companies. And, the new report found that prices at hospitals in monop... Read more...
26 December 2015
A new ''Big Data'' project from researchers at Carnegie Mellon University, Yale University, the University of Pennsylvania and the London School of Economics demonstrates that the prices hospitals negotiate with private ... Read more...
16 December 2015
Health care is among the largest sectors of the U.S. economy and accounted for more than 17 percent of gross domestic product (GDP) in 2014. About 60 percent of the U.S. population has private health insurance, which pay... Read more...
15 December 2015
Commercial health plans that cover workplace benefits for millions of Americans pay higher prices to hospitals that have little or no competition, according to a new study that raises questions about how to slow U.S. hea... Read more...
Economists at Yale, Carnegie Mellon, the University of Pennsylvania and the London School of Economics have released a paper that shows vast differences in charges for hospital procedures across the country. Unlike some... Read more...
Three of the nation's largest insurance companies - Aetna, Humana and UnitedHealth - have let researchers have a look at the negotiated prices they pay for services and procedures like C-sections, MRIs and hospital sta... Read more...
The prices hospitals negotiate with health insurance companies vary enormously within and across geographic regions in the United States, according to a new study coauthored by a Yale economist. ... ''Virtually everythin... Read more...
According to the report, titled ''The Price Ain't Right? Hospital Prices and Health Spending on the Privately Insured,'' information collected on Medicare has largely impacted the country's health-care policy as data on ... Read more...
While many studies have shown that Medicare gets a good deal in Rochester, Duluth and Minneapolis, new work from four economists suggests that private insurers in those cities pay noticeably more for care. This article ... Read more...
Researchers have compiled data on $682 billion worth of claims to look at the truth behind medical costs. This article was published online by Marketplace.org on December 15, 2015 Link to article here Related publi... Read more...
Hospitals that face fewer competitors have considerably higher prices, according to a new study from researchers at Carnegie Mellon University, Yale University, University of Pennsylvania and the London School of Economi... Read more...
... But a new study casts doubt on that simple message. The research looked not only at Medicare but also at a huge, new database drawn from private-insurance plans - the sorts used by most Americans for health care. And... Read more...
Chancellor George Osborne survived the Bush Tucker trial that was Wednesday's spending review. ... Professor John Van Reenen, director of the Centre for Economic Performance, said: ''The sexy centrefold was a naked rever... Read more...
28 November 2015
Money should follow patients and they need information and choice, write Nicholas Bloom and John Van Reenen In work with Carol Propper and Stephan Seiler, we evaluate whether competition improves hospital quality, in pa... Read more...
25 November 2015
John Van Reenen, Professor of Economics and Director of the Center for Economic Performance at the London School of Economics, joins us to discuss the economics of management, productivity, and information technology. Li... Read more...
09 November 2015
Competition among hospitals is linked to better quality management and lower death rate, suggests research published in The Review of Economic Studies. But competition on quality rather than price is likely to be key, sa... Read more...
30 January 2015
Research by the LSE's Centre for Economic Performance was published in The Review of Economic Studies and involved 61% of all NHS providers of acute care in England. The study shows that adding one extra hospital in a ne... Read more...
29 January 2015
As David Cameron lambasts Ed Miliband for allegedly wanting to ''weaponise'' the National Health Service in the election, new research gives the UK prime minister some ammunition of his own. LSE economists have measured ... Read more...
The Labour Party believes in reforming the NHS as much as in spending more taxpayers' money on it, and that the more independent providers of NHS services the better, if they can do a good job. ... It is also worth notin... Read more...
There is no question that real wages have been squeezed to an unprecedented extent over the past five years and living standards are under pressure. A report from the Centre for Economic Performance this week found the r... Read more...
30 September 2014
Recent evidence from the LSE has been widely cited as showing positive effects from choice and competition between hospitals in the NHS. A recent Lancet piece was highly critical of the LSE research (and a number of ... Read more...
20 October 2011
Competition among hospitals in England led to a 7% fall in the number of deaths from acute myocardial infarction over three years, saving around 900 lives, a new study claims. Zach [sic] Cooper, a health economist workin... Read more...
01 August 2011