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Richard Layard explains the benefits of making wellbeing a core public policy. ... Read more...
07 March 2023
Britain's cost of living crisis is being made worse by Brexit dragging down the country's growth potential and costing workers hundreds of pounds a year in lost pay, say researchers. The Resolution Foundation thinktank a... Read more...
22 June 2022
Britain’s departure from the EU has damaged its competitiveness and will cut productivity and wages over the next ten years. Instead of the expected effect of narrowly reducing exports to the EU, Brexit has “... Read more...
Restarting the Future, a new book by Jonathan Haskel and Stian Westlake, presents the idea that intangible assets, though hard to see and measure, are critically important to foster. ... Read more...
19 May 2022
Swati Dhingra has been appointed to the Bank of England’s Monetary Policy Committee (MPC) by chancellor Rishi Sunak. The MPC is responsible for deciding what monetary policy action the Bank of England will take to... Read more...
12 May 2022
Jonathan Haskel and Stian Westlake argue that capitalism can be revitalised by promoting ‘further investment’ in what they call ‘intangible capital’. ... Read more...
11 April 2022
A report published by the Centre for Economic Performance at the London School of Economics shows, the self-employed have not fared well over the past couple of years. Even by the end of this summer they were ... Read more...
22 November 2021
A majority of urban Indians left unemployed by the coronavirus pandemic want the government to guarantee them jobs like it does for people in rural areas, says a study by Swati Dhingra and Fjolla Kon... Read more...
02 July 2021
Following the publication of the World Happiness report 2021, Rodger Dean Duncan interviews Richard Layard on happiness and mental health during the Covid-19 pandemic. ... Read more...
01 June 2021
The Resolution Foundation and Centre for Economic Performance of the London School of Economics launch an important inquiry, analysing how the country must grapple with recovery from Covid-19, the af... Read more...
31 May 2021
The country is not neither prepared for, nor used to, change on the scale required to deal with climate change, Brexit, an ageing population, Covid and technological shifts, says report by the Economy 2030 Inq... Read more...
18 May 2021
A joint project by the Resolution Foundation thinktank and the London School of Economics said the UK was neither used to nor prepared for the challenges posed by the aftermath of Covid-19, Brexit, the ne... Read more...
The UK is facing a ‘decisive decade’ of change as five seismic economic shifts – the Covid aftermath, Brexit, the Net Zero transition, an older population and rapid technological change - com... Read more...
Lee Elliot Major is invited onto BBC Radio 4’s Today programme [1:15:20] to talk about pupil catchup funding, the national tutoring programme and inequalities. ... Read more...
24 February 2021
The final report of the LSE Economic Diplomacy Commission, which proposes a framework for the UK’s trade agenda that seeks to balance commercial openness with strategic domestic and foreign policy aims, ... Read more...
09 February 2021
Swati Dhingra examines a decade of high-quality farmer-buyer data from Kenya during a period when it introduced radical farm laws to encourage agri-businesses to determine impacts on small farmers. ... Read more...
15 January 2021
Richard Layard and Gus O’Donnell write about the need for policy makers to aim for the wellbeing of the people, now and to come – focusing more on what matters to people, their mental and physical ... Read more...
27 December 2020
Lee Elliot Major and Stephen Machin remember the drive behind Roosevelt's New Deal which created millions of jobs during America's Great Depression in the 1930s and examine how government policy could ... Read more...
08 December 2020
Every day, policy makers have to decide whether a policy is desirable by examining its impact on a whole range of outcomes. But the problem is how to aggregate these disparate outcomes. Richard Layard et al&nb... Read more...
24 September 2020
Amidst increasing levels of money laundering, Tom Kirchmaier suggests a three-step solution to the issues faced by banks. ... Read more...
21 September 2020
Speaking to Econ Films’ CoronaNomics show Lord Gus O’Donnell said he feared the impact of the lockdown was undermining the Prime Minister’s ambitions of reducing income and regional... Read more...
06 May 2020
Jack Blundell identifies groups among self-employed workers, to aid in finding methods to support and protect workers through public policy. ... Read more...
17 April 2020
A selection of comments from academics, journalists and other experts on the crisis facing many countries across Europe. ... Read more...
20 March 2020
While the 2020 Budget offers an overall adequate response to the challenges currently posed by coronavirus, there are three issues that need to be addressed further, especially as the outbreak becomes more wid... Read more...
12 March 2020
Professor Stephen Machin, director of CEP, and Henry Overman, research director of CEP, contribute to an investigation into the differences in wages and opportunities across the country and why some towns and ... Read more...
09 March 2020
Transport upgrades are a key part of the Northern Powerhouse strategy, but there is some criticism about how much large-scale public investment in transport can act as a panacea for economic development. Profe... Read more...
26 February 2020
Policies targeted at specific places don't always benefit the intended people, the research director of the LSE's Centre for Economic Performance warns. ... Read more...
29 November 2019
Not quite. The problem is uncertainty. A Corbyn government would break with the economic policies we have been accustomed to since the 1980s. This alone generates uncertainty. And the clichè is right; markets real... Read more...
11 November 2019
But their ban has backfired, according to a report by the London School of Economics. The developers have simply walked away, causing the number of new homes being built to shrink and for prices to soar. And ... Read more...
01 November 2019
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31 October 2019
However, Professor Christian Hilber believes the ban could increase the "ghost town effect" as it inadvertently reduced the number of available homes due to building companies finding new work in surrounding areas. The ... Read more...
How can social mobility be improved? Lee Elliot Major and Stephen Machin write that merely tweaking existing policies will not transform society. They outline four major changes that have the potential to actually do so.... Read more...
30 October 2019
Max Nathan is an associate professor at the Centre for Advanced Spatial Analysis, University College London. London's technology ecosystem is thriving. The city has more than 50,000 tech firms, with over 260,000 employe... Read more...
29 October 2019
Disadvantaged areas need evidence-based approaches, not policy innovation, argues the director of the What Works Centre for Local Economic Growth. Evidence-based policy in disadvantaged places, What Works Centre for Eco... Read more...
25 October 2019
We are very pleased to have launched our collaborative work on disadvantaged places. This project looks in depth at policy, and the use of evidence, in places in the UK that are most disadvantaged, sometimes referred to... Read more...
24 October 2019
Home Affairs editor A THOUSAND "commuter villages" with 2.1million new homes should be built on the green belt near railway stations to help solve the housing crisis, a leading government adviser and academic has propose... Read more...
22 September 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
Interview with CEP’s Ria Ivandic about the CEP Crime research programme. ... Read more...
The national survey on happiness index is a late development, because social economists have found that although the economies of various countries will grow more or less, the happiness of the people has not continued to... Read more...
08 September 2019
The high level of uncertainty is measurable. A 2016 study by Scott Baker of Northwestern University, Nick Bloom of Stanford University, and Steven Davis of the University of Chicago, quantified political uncertainty in t... Read more...
25 August 2019
City centres aren't dying as a response to big-box openings; they are only changing their commercial structure, writes Maria Sanchez-Vidal. ... Read more...
21 August 2019
19 August 2019
Facilitating trade in services, particularly knowledge-intensive ones, requires strong global cities as trade hubs, write Saul Estrin and Daniel Shapiro.... Read more...
25 July 2019
There is an almost complete pass-through of tariffs into prices paid by US importers; consumers pick up the tab, write Mary Amiti, Stephen Redding and David E. Weinstein.... Read more...
24 July 2019
More than a century ago, the opening of the Panama Canal revolutionized international trade by making it much quicker and easier to travel between the Atlantic and Pacific Oceans. But, write Stephan Maurer and Ferdinand ... Read more...
22 July 2019
A study at the London School of Economics has found that such bans damage local construction and tourism industries. At the same time, outsiders, who are banned from new-build homes, flood the market for older places, pu... Read more...
20 July 2019
John Van Reenen, MIT, discusses work he has done on how 'superstar firms' such as Google and Apple have changed the global economy. The superstars, although big, employ relatively few workers and this has contributed to ... Read more...
16 July 2019
Properties on the Lockington Crescent estate were on the market for between £4,500 and £7,000 - considerably cheaper than in London, where homes were up to 30% more expensive, according to economic historian ... Read more...
07 July 2019
By Gianmarco Ottaviano, Professor of Economics, Bocconi University. Originally published at VoxEU... Read more...
03 July 2019
By Gianmarco Ottaviano Economic geography strikes back. After a couple of decades of easy talk about the 'death of distance' in the age of globalisation, the promise of a world of rising living standards for all is inc... Read more...
The income declared by the richest fell sharply between 2012 and 2013, report four economists, among whom Philippe Aghion. But is this a real decrease, or a more widespread practice of tax optimization?... Read more...
30 June 2019
Tito Boeri interviews Raghuram G. Rajan With industrialized countries beset by a political backlash against trade, technology, migration, and other hallmarks of the modern global economy, expert solutions are needed now... Read more...
28 June 2019
Coverage of LSE's #EvidencePod at Evidence Week in Parliament.... Read more...
3) In the Fall 2017 issue of the Journal of Economic Perspectives, and Thomas Sampson sums up the research on what is known and what might come next in "Brexit: The Economics of International Disintegration," In turn, I... Read more...
23 June 2019
The achievements of the Chinese and Vietnamese economies lead to a debate on state capitalism as a viable model of further development. Economists Leonardo Baccini, Giammario Impullitti and Edmund Malesky present on VoxE... Read more...
19 June 2019
In the latest Happiness Report, authors John F. Helliwell, Richard Layard and Jeffrey D. Sachs highlight the fact that links between government and happiness operate both ways, i.e., what governments do affects happiness... Read more...
11 June 2019
In a fascinating new paper, economists David Jacks and Dennis Novy argue that today's contentious trade disputes recall what happened during the Great Depression of the 1930s. Led by Great Britain and Germany, competing ... Read more...
06 June 2019
"At the moment, we have not witnessed a wholesale collapse of the modern trading system. This is partially for the fact that policymakers seem to have learned some of the lessons of interwar history by not responding in ... Read more...
Who compromises most in such cases? Generally, size matters: big trading economies are usually in a position to dictate terms to smaller partners. In the words of professor Dennis Novy of the University of Warwick: "Th... Read more...
05 June 2019
04 June 2019
Snippet... Philippe Aghion London School of Economics Felix Fitzroy St Andrews Marianne Sensier University of Manchester Christine Cooper University of Edinburgh Elisa Van Waeyenberge Soas Roberto Veneziani Queen Mary Un... Read more...
03 June 2019
To help us sort out the prospects of a bilateral trade deal between the U.S. and the U.K. and to look at the historical context, we're joined by Professor Dennis Novy. He's an economist at the University of Warwick. Welc... Read more...
Populism has been used by right-wing forces as a lever to undermine the ruling elite, exploiting discontent. The solution? "The European Union now has the task of working on a new idea of sovereignty, which goes beyond n... Read more...
In the words of Professor Richard Layard, an expert on life satisfaction across populations, of the London School of Economics, 'this budget is a game-changing event.' Moreover, he indicated that there is 'no other major... Read more...
02 June 2019
These questions have confronted utilitarians, the most influential of whom was the philosopher Jeremy Bentham, from the beginning. But some modern-day utilitarians, foremost among them Richard Layard of the London School... Read more...
31 May 2019
The paper, from the all-party parliamentary group on wellbeing economics, written by O'Donnell and other leading MPs and peers, calls on the government to use the spending review to boost its funding for mental health se... Read more...
24 May 2019
The report, which is launched today, comes from the All Party Parliamentary Group on Wellbeing Economics. The authors include Lord Gus O'Donnell (the former Cabinet Secretary), Chris Ruane MP (chair), Lord Richard Layard... Read more...
"This budget is a game-changing event," said Richard Layard, a professor at the London School of Economics who is an expert on life satisfaction across populations. New Zealand is not the only country that is starting t... Read more...
22 May 2019
Dr Swati Dhingra, assistant professor at the London School of Economics, specialising in globalisation and industrial policy, says there's not enough trained staff to power it. "Compared to other creative or tech-based ... Read more...
20 May 2019
Snippet ... 80% of new housing is going on so called brownfield land in the south-east but relatively little brownfield land in the right places at the you can develop a reasonable prices that have to build on some green... Read more...
The economic losses from Trump's trade war compound that burden. A study by researchers at the Federal Reserve Bank of New York, Columbia University and Princeton University found that trade warfare was costing Americans... Read more...
17 May 2019
15 May 2019
Research from Mary Amiti of the New York Fed, Stephen Redding of Princeton University and David Weinstein of Columbia University in March found that the "full incidence" of the tariffs has fallen on domestic consumers so... Read more...
14 May 2019
13 May 2019
This article was written by professor Andrew E. Clark (LSE), and professor Conchita D'Ambrosi and Marta Barazzetta, from the University of Luxembourg. A version of this article was first published on the LSE blog. For mo... Read more...
12 May 2019
10 May 2019
09 May 2019
What makes this idea particularly absurd is that studies repeatedly find that lower-income households experience greater inflation than higher - earning ones. (Researcher Xavier Jaravel dubbed this "inflation inequality"... Read more...
08 May 2019
01 May 2019
Is there a relationship between childhood circumstances and outcomes later on in life? Andrew E. Clark, Conchita D'Ambrosio, and Marta Barazzetta consider the cognitive and non-cognitive consequences on young adults who ... Read more...
30 April 2019
During a debate on the composition of the MAC, it was noted that the Chairman, Professor Alan Manning, is an economist from LSE. George Eustice MP (Con, Cambourne and Redruth) called for the Cttee to be expanded to bring... Read more...
19 April 2019
17 April 2019
Doing better financially than your parents is an important marker of success, and for much of the last half century, real earnings growth in the UK was strong enough that most young people achieved this milestone. But ne... Read more...
15 April 2019
Original information: Chiara Criscuolo, Ralf Martin, Henry G. Overman, John Van Reenen. Some Causal Effects of an Industrial Policy. American Economic Review, 2019, 109(1): 48-85. Governments around the world provide la... Read more...
14 April 2019
Jo Blanden, co-author of the study, said: 'Research and political debate have focused on relative social mobility - that is, whether those with higher incomes are likely to have children who are also relatively well-off'... Read more...
12 April 2019
11 April 2019
House prices indicate the value of canals as an environmental resource to local residents in England and Wales, write Stephen Gibbons, Cong Peng and Cheng Keat Tang. ... Read more...
09 April 2019
05 April 2019
04 April 2019
Figure of the week - $1.4bn a month. The hit to US prices and welfare produced by Mr Trump's trade policies in 2018, according to research by Mary Amiti of the Federal Reserve Bank of New York, Stephen Redding of Princet... Read more...
27 March 2019
From Dr Guy Michaels, London School of Economics, UK Joseph Cotterill, in "Aid groups battle to reach cyclone survivors" (March 21), describes the terrible devastation that recent floods have wreaked in Mozambique and n... Read more...
...13, Centre for Economic Performance, London School of Economics.... Read more...
26 March 2019
Donald Trump has cited the example of one of his US presidential predecessors, Ronald Reagan, in support of his protectionist policies. But as research by Ufuk Akcigit, Sina Ates and Giammario Impullitti shows, it was th... Read more...
19 March 2019
In this interview, Paul Cheshire shares his over 50 years of experience on urban economics. He talks about why "land is making a comeback", reasons for the dramatic turnaround in the value of land, the "key tools in the ... Read more...
18 March 2019
Jonathan Haskel worried by falling business investment driven by uncertainty.... Read more...
14 March 2019
A few days before the vote, three of the UK's most reputable economic institutions - the National Institute of Economic and Social Research, the Institute for Fiscal Studies and the Centre for Economic Performance at the... Read more...
Bank of England policy maker Jonathan Haskel warned that the UK may not see a material pickup in investment growth even if the government secures an exit deal with the European Union this month. Haskel, in his first spe... Read more...
11 March 2019
But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolun Yu of the London School of Economics, the clearest impact of Help to Buy has been to raise house prices, potentially by as much as 5 ... Read more...
09 March 2019
Snippet: ...home buyers. It was supposed to increase home-ownership rates among the young. Economists dispute whether it actually has. But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolu... Read more...
07 March 2019
06 March 2019
05 March 2019
But Christian Hilber, a professor of economic geography at the London School of Economics, says even if those empty apartments were occupied, they wouldn't help mitigate the affordable housing crisis.... Read more...
04 March 2019
Phlippe Aghion (College of France, LSE, and CEPR) discusses work on merged datasets from the UK - one detailing occupation & wages, the other looking at R&D and investment. ... Read more...
Economists believe "firms are more productive if they're in larger cities" says Henry Overman, a Professor of Economic Geography at the LSE. What Works Well Centre for Economic Growth ... Read more...
Just as with GDP, it is only when we move to the specifics that gross national happiness becomes useful. Richard Layard, a leading happiness researcher, argues mental illness is a leading cause of misery, and it can be t... Read more...
03 March 2019
02 March 2019
These conclusions are consistent with not only theoretical models of economics featuring AI in general equilibrium (Aghion, Jones, and Jones 2017) but also with evidence on how the introduction of robots raised labor pro... Read more...
01 March 2019
From Thorstein Veblen to Richard Layard, to Richard Easterlin and others, several economists have spent the last century trying to ... [paywall] Happiness: Lessons from a new science, Richard Layard, Penguin 2011 IS... Read more...
27 February 2019
Economists like David Blanchflower, John Van Reenen and I set out just how bad UK economic performance had been over the previous five years, but once again expertise was ignored. As far as the media were concerned, redu... Read more...
26 February 2019
Most countries pursue policies that implicitly or explicitly aim at promoting 'compact urban form', but so far these policies have not been well-grounded in evidence. This column summarises the state of knowledge on the ... Read more...
22 February 2019
Such things occur outside idle thought experiments. Guy Michaels of the London School of Economics and Ferdinand Rauch, of the University of Oxford studied ... [paywall] ... Read more...
17 February 2019
Guy Michaels, of the London School of Economics, and Ferdinand Rauch, of the University of Oxford, studied the fortunes of Roman-era towns in Britain and ... [paywall] ... Read more...
14 February 2019
The UK government's lead adviser on migration has claimed that the Home Office's net migration target no longer drives policy. Alan Manning, professor of economics at the London School of Economics and chair of the Migra... Read more...
The referendum result led to a 12 percent increase in foreign direct investment transactions from Britain into the EU between mid-2016 and September 2018, researchers from the London School of Economics' Centre for Econo... Read more...
12 February 2019
Media reports suggest that some UK firms have started to move production abroad in anticipation of Brexit. Using data on announcements of new foreign investment transactions, this column reports evidence that the Brexit ... Read more...
Dennis Novy, one of the report's authors, told CNBC: "The economic risk of Brexit is larger on the UK side of the Channel.... Read more...
A study published this morning by the Centre for Economic Performance at the LSE dissects how foreign investment has changed behaviour since the referendum. According to the LSE researchers, UK firms appear to have star... Read more...
Are firms moving investment abroad because of Brexit? Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson (LSE) use a 'doppelganger method' to estimate how foreign direct investment would have evolved without... Read more...
11 February 2019
A study conducted by academics from the London School of Economics' Centre for Economic Performance (CEP) looked into how the vote to leave the EU has affected outward investment by U.K. companies. ... Read more...
Mention of CEP report showing British firms investing outside of the UK because of Brexit. ... Read more...
The UK needs a new era of policy activism with a 'future of good work' focus, write Christopher Pissarides, Anna Thomas and Josh De Lyon.... Read more...
06 February 2019
Klaus Desmet, David Krisztian Nagy, Dzhamilya Nigmatulina, Nathaniel Young The economic geography of transition economies has changed dramatically over the last quarter century, with large urban areas growing fast and ... Read more...
04 February 2019
01 February 2019
The first is a strategy of reversal. This consists of interventions that aim to offset or compensate for the technological and market dynamics that cause cost disadvantages for value creation in left-behind places - plac... Read more...
21 January 2019
A British study estimated the impact of public subsidies in regions in difficulty. If a gain for the job was found but the big companies, first beneficiaries, do not change their behavior, notes the professor of economy ... Read more...
14 January 2019
Lee Elliot Major and Stephen Machin explain how Britain has become less mobile, particularly at the top and bottom of society. Social Mobility And Its Enemies, Lee Elliot Major & Stephen Machin, Pelican, October 2018... Read more...
04 January 2019
Alongside the new labour market rights, the government is also set to create a new single labour market enforcement body following a review by David Metcalf, the UK's first director of labour market enforcement, who re... Read more...
17 December 2018
Snippet: ... Build, build, build! Free exchange (November 24th) argued that there is more to high house prices in Britain than constrained supply. Well, yes, and no. The underlying cause of housing unaffordability is con... Read more...
15 December 2018
Recent political developments in the US and Europe have led to renewed interest in the large and persistent regional disparities which plague our societies. These disparities have been partly driven by a secular decline ... Read more...
11 December 2018
"Macron has acknowledged his past behavioural mistakes," said Philippe Aghion, an economist who advised him during his campaign but has judged him ... ... Read more...
"We are in the transition period and the government has run into political economic problems," said Philippe Aghion, an economist at the prestigious College de France who advised Mr. Macron during his presidential campai... Read more...
07 December 2018
Camille Landais, Giulia Giupponi interviewed by Tim Phillips, 07 December 2018 Even though countries all over the developed world implemented short-time work policies during the great recession, we didn't know whether ... Read more...
Parliament should vote down Theresa May's Brexit deal on Tuesday. John Van Reenen (MIT/LSE) writes that while the argument for remaining in the EU is fundamentally moral and political, and not economic, it is important f... Read more...
For any Brexiters holding out the hope the EU would come to the UK's rescue because it too has much to lose from not reaching a deal, an analysis this week from the Center for Economic Performance offers l... Read more...
03 December 2018
As the UK has sought to redefine its relationship with the EU and the rest of the world, a renewed focus on sustainable growth becomes more urgent, write James Rydge, Ralf Martin and Anna Valero.... Read more...
Discussion of LSE research (Healthy Minds Project) urging the government to incorporate life skills into the national curriculum. Reported widely on local BBC radio stations. ... Read more...
30 November 2018
Swati Dhingra discusses trade policy and Brexit. ... Read more...
Innovation is widely viewed as the engine of economic growth. To maximize innovation and growth, all of our brightest youth should have the opportunity to become inventors. But a study we recently conducted, jointly wit... Read more...
21 November 2018
What could go wrong? Many of the objections to happiness economics are well rehearsed. The authors (especially Richard Layard, who has spent the past decade reviving this neo-Benthamite idea), have heard them all and hav... Read more...
20 November 2018
Evidence-based principles for local policymakers seeking to design an effective industrial strategy - by Henry Overman and Naomi Clayton. ... Read more...
15 November 2018
Labour's move towards greater competition between hospitals where it was allowed may well have helped. Mortality rates for some illnesses appear to have declined faster where patient choice was expanded. CEP work cite... Read more...
14 November 2018
Jan-Emmanuel De Neve discusses the living wage with @EamonnHolmes on @talkRADIO Listen to @talkRADIO at 5.15pm this evening to hear Jan-Emmanuel De Neve discuss the #livingwage with @EamonnHolmes! @jedeneve pic.twitte... Read more...
08 November 2018
Article by Natalie Chen and Dennis Novy. Currency unions usually go hand in hand with deeper economic integration. But does that automatically mean more international trade? This column shows that since the en... Read more...
09 July 2018
A detailed assessment of what the government must address in its Brexit white paper has been carried out by academic think tank The UK in a Changing Europe. The report – The Brexit w... Read more...
The £15bn Crossrail will serve the Buckinghamshire village of Taplow, in the green belt, next year, yet no homes can be added there, noted Professor Paul Cheshire of the London School of Economics ... Read more...
10 June 2018
Letter from Richard Layard, Director, Wellbeing Programme, London School of Economics and Political Science: “We now have the knowledge to implement that approach. Much of it is found in the annual... Read more...
19 May 2018
A new study by IZA fellows Stephen Machin and Sandra McNally with Jenifer Ruiz-Valenzuela (all researchers at the London School of Economics) analyzes the benefits (or costs) for students who just pass (or fai... Read more...
07 May 2018
Since Trump was elected president, many measures of policy uncertainty have jumped. Take the widely used monthly U.S. Policy Uncertainty Index created by the economists Scott Baker, Nicholas Bloom, and Steven ... Read more...
According to the authors of the report, John F. Helliwell, Richard Layard and Jeffrey D. Sachs, there is a characteristic of Latin Americans that makes them different. "Unusually happy." Th... Read more...
15 April 2018
Bhutan refers to gross national happiness; in Switzerland, 25 complementary indicators to GDP have been selected. The "economists of happiness" (such as Richard Layard of the London School of Economi... Read more...
Relocation is one successful example of public sector jobs boosting private sector activity, write Giulia Faggio, Teresa Schlüter and Philipp vom Berge. In a recent SERC discussion paper, we study t... Read more...
09 April 2018
Book of the month: We all know the adage that money doesn’t bring you happiness – but if not money, then what? That’s the question being asked in The Origins of Happiness: The Science o... Read more...
19 March 2018
“Money can’t buy me love,” sang The Beatles, although it is doubtful that this was a rigorous empirical claim. Still, nobody disputes that there’s more to life than money and a new book... Read more...
23 February 2018
Theresa May and her senior ministers try to come to an agreement over the government's approach to Brexit, in the latest of a series of meetings on the UK’s future relationship with the EU. As part o... Read more...
19 February 2018
DUBAI: Professor Jeffrey Sachs, renowned economist and Chair of the World Happiness Council, has led a plenary session to discuss the findings of the first Global Happiness Policy Report on the opening day of ... Read more...
13 February 2018
Research led by Richard Layard and published in a book, The Origins of Happiness, this month reveals that even ill health, a drop in income or being divorced or widowed makes relatively little difference to th... Read more...
10 February 2018
A new book by Professor Richard Layard and colleagues presents evidence on the origins of happiness, drawing on unique survey data on over 100,000 individuals in Australia, Germany, the UK and the United State... Read more...
01 February 2018
On Monday 22nd January, I got to meet a #wellbeing hero of mine, Lord Richard Layard. Layard has been at the forefront of the wellbeing movement in the UK, forcing it onto the agenda of governments past and pr... Read more...
28 January 2018
Thus said Professor Richard Layard, the leader of the research, as quoted from kompas.com. "In the past, the country has managed to overcome the problem of poverty, unemployment, education, and physical h... Read more...
26 January 2018
... it is easy to sympathise with Thomas Jefferson’s remark, shortly after he stepped down as US president, that “The care of human life & happiness, & not their destruction, is the first &... Read more...
A third problem with GDP is that it doesn’t tell us anything about whether or not people are satisfied with their lives. Nobel Prize-winners Joseph Stiglitz and Amartya Sen have long argued that we shoul... Read more...
25 January 2018
The Federation of Master Builders reports that “skyrocketing” skill shortages mean that there are not enough workers available in all the key construction skills. The Black Country Chamber of Comme... Read more...
24 January 2018
Today is the launch of The Origins of Happiness by Andrew Clark, Sarah Flèche, Richard Layard, Nick Powdthavee and George Ward. Prof. Layard outlines the key findings and recommendations from the resear... Read more...
22 January 2018
The prospect of this book did make me happy. The idea that a group of well-respected, eminent economists would be making the case that government should focus its efforts on increasing the happiness ... Read more...
Schools and individual teachers have a huge effect on the happiness of their children. Indeed, the school that children attend affects their happiness nearly as much as it affects their academic performance. W... Read more...
In his new book 'The Origins of Happiness', Richard Layard argues that the biggest predictor of happiness is not any economic factor, but rather mental health. Based on this, Layard prop... Read more...
21 January 2018
Lord (Richard) Layard, the economist, hosted a dinner at the London School of Economics last week to celebrate the publication of a new book by him and his colleagues, called The Origins of Happiness. It is de... Read more...
Stanford economist Nicholas Bloom and his cohort analyzed the federal revenue data from the late 1970s to 2013 and found that the gap has shrunk to 20%. Professor Bloom said: "The big pay has existed for ... Read more...
18 January 2018
A recent British study by the Centre for Economic Performance compared student results across schools based on cellphone-use policies and concluded, "Schools that restrict access to mobile phone... Read more...
17 January 2018
‘The Origins of Happiness’ by by Andrew E. Clark, Sarah Flèche, Richard Layard, Nattavudh Powdthavee, and George Ward (Publication date - January 16) The authors behin... Read more...
04 January 2018
Moreover, despite the birth of a true sub-discipline of economics - the economy of happiness - it will still take more than 40 years between the publication of the great article founder Richard A. Easterlin (&... Read more...
20 December 2017
Article by Alan Manning. It has been more than eight years since many of the United States’ cashiers, dishwashers, janitors, lifeguards, baggage handlers, baristas, manicurists, retail employees, h... Read more...
12 December 2017
In a paper title Brexit and the Impact of Immigration on the UK by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen, the writers reveal that European Union (EU) immigration has triple... Read more...
03 December 2017
New job openings attract not only local workers, but also those living relatively near, write Alan Manning and Barbara Petrongolo..... Related publications "How Local Are Labor Markets? Evidence fro... Read more...
01 December 2017
When the Industrial Strategy was up for consultation earlier in the year, my colleagues in the Centre for Vocational Education Research (CVER) and I emphasised the importance of well-targeted Active Labour Mar... Read more...
28 November 2017
Richard Layard and his co-workers wanted to know how much money the British government has to allocate to reduce mental illness, physical ill health, unemployment and poverty. They concluded that the cheapest ... Read more...
26 November 2017
If we can prevent great suffering at no cost to ourselves, we ought to do so. That principle is widely accepted and difficult to dispute. Yet Western governments are neglecting an opportunity to reduce the gre... Read more...
24 November 2017
Brexit is already costing the average UK household £7.74 per week or £404 per year, according to new analysis from the Centre for Economic Performance (CEP) at the London School of Economics and Po... Read more...
21 November 2017
If we can prevent great suffering at no cost to ourselves, we ought to do so. Yet Western governments are neglecting an opportunity to reduce the great misery caused by mental illness, even though the net cost... Read more...
19 November 2017
PRINCETON – If we can prevent great suffering at no cost to ourselves, we ought to do so. That principle is widely accepted and difficult to dispute. Yet Western governments are neglecting an opportunity... Read more...
15 November 2017
Article by Nikhil Datta and Swati Dhingra It’s no secret that the UK is deeply integrated into the European Union. About half of its trade and investment is with the EU and, as a member of the single ... Read more...
09 November 2017
Ohoud bint Khalfan Al Roumi, Minister of State for Happiness and Wellbeing, has affirmed that the UAE’s ‘Happiness Policy Manual’, developed by the National Programme for Happiness and P... Read more...
08 November 2017
According to the Origins of Happiness report, eliminating mental health issues such as depression and anxiety would increase happiness by 20%, whereas eliminating poverty would increase happiness by only 5%. I... Read more...
02 November 2017
In Great Britain they have chosen a different path. According to Richard Layard's Health Economist Program, with an estimated 12 million jobs, a system has been developed that provides effective and rapid ... Read more...
30 October 2017
Who voted for Brexit? A comprehensive district-level analysis – Sascha O Becker, Thiemo Fetzer and Dennis Novy ‘On 23 June 2016, the British electorate voted to leave the European Union (EU). We... Read more...
23 October 2017
Gill Wyness, a senior lecturer in the economics of education at the UCL Institute of Education, said there might be logic in this approach given that universities were arguably being incentivised at the moment... Read more...
05 October 2017
A society in which poverty does not exist sounds utopian - this society is equal but unfair, so it risks collapse, argues Nicholas Bloom, a professor of economics at Stanford University. "People do not wo... Read more...
01 October 2017
Snippet: down and down and then the NHS within a matter of the housing crisis for napping and all that get blamed on immigrants. Mention of a study done at the London School of Economics looking at the relatio... Read more...
09 September 2017
Research shows that policy uncertainty can drive down business investment by six to 10.5 per cent. To see how the election created uncertainty in B.C., the Fraser Institute created a proxy measure using newspa... Read more...
31 August 2017
Article by Max Nathan: ...Our latest case study summarises Innovate UK's programmes of support for microbusinesses and SMEs: mainly grants but also loans, awarded on a competitive basis, either to in... Read more...
17 August 2017
Dr Thomas Sampson of the London School of Economics (LSE) said on Tuesday that the publication of UK government plans for a transition period and regulations after the breit suggests that London wants to speed... Read more...
15 August 2017
Uncertainty about a nation’s economic policies can influence both politics and financial markets, and the effects often spread beyond the country’s borders. Building on his research with Northweste... Read more...
14 August 2017
A lot of my time at work is given over to worrying fitfully about two things. One is cities policy. The other is Brexit. What could be more thrilling, then, than a report which combines those two topics into a ... Read more...
07 August 2017
Britain’s most successful cities with large high-skilled service sectors will be hit hardest by the expected downturn in trade after the UK leaves the EU. Sadly, that means bad news for Aberdeen. A repor... Read more...
04 August 2017
BREXIT will damage the economic performance of Taunton Deane, according to new report. The Centre for Economic Performance believes the economy in the district will take a 1.2 per cent hit under a sort Br... Read more...
03 August 2017
Snippet: ... Reading has come out third on a list of 10 towns in the UK most likely to be hit hardest by Brexit report of the London School of Economics says Dorsey a fall i... Related publications &lsqu... Read more...
02 August 2017
The UK’s Home Secretary Amber Rudd has commissioned a report on the impact Brexit will have on the UK labour market. A key sector for enquiry will be higher education, where 17% of academic staff are EU ... Read more...
01 August 2017
In 2005, David Clark, a professor of psychology at the University of Oxford, and economist Richard Layard, a member of the House of Lords, came to the conclusion that it made economic sense to provide therapeu... Read more...
30 July 2017
…Centre for Cities and the Centre for Economic Performance (CEP) at the London… Related publications ‘Brexit, Trade and the Economic Impacts on UK Cities’, Naomi Clayton and Hen... Read more...
29 July 2017
Woking has the highest density of golf courses of anywhere in the UK at more than 10% According to The Guardian , Surrey has more land for golf courses than homes thanks to planning policies that ensure the... Read more...
28 July 2017
The rise of academies promised more power for schools - but, with government still clinging to the reins, heads haven't been able to raise standards as expected. However, this system may yet deliver - if m... Read more...
27 July 2017
Perhaps the public knew that Brexit would drain their wallets, but voted for it anyway. Sometimes it’s not the economy, stupid. But Simon Wren-Lewis, of Oxford University, rubbished this idea, pointing o... Read more...
Article by Sandra McNally The UK’s productivity suffered a shock in 2008 from which it has not recovered, and the ‘skills problem’ needs to be addressed. Within the context of a broader in... Read more...
21 July 2017
Trump and Brexit are rapidly becoming the main threat to the upturn. Once the downturn begins, all fingers will point to them. But the real causes lie somewhere else: Stanford economist Nicholas Bloom points t... Read more...
18 July 2017
A recent study by Erling Bath, Alex Bryson, James Davis, and Richard Freeman showed that the diffusion of individual pay since the 1970s is associated with pay differences between, not within, companies. The S... Read more...
17 July 2017
In the world of business and economics, there’s a bit of a fixation on uncertainty. To start, there's the VIX, a measure of investor fear, that tracks expected volatility in the markets. But the... Read more...
12 July 2017
Prof Christian Hilber from the LSE said: ‘If Brexit leads to a recession and/or sluggish growth for extended periods, then an extended and severe downturn is more likely than a short-lived and mild one.&... Read more...
02 July 2017
High-speed rail has triggered a wave of innovation , according to a London School of Economics and Political Science discussion paper by Lin Yatang, Qin Yu and Xie Zhuan, which describes a 20 per cent increase... Read more...
21 June 2017
The Impact Factor is the average number of times articles from the journal published in the past two years have been cited in the JCR year. The Impact Factor is calculated by dividing the number of citations i... Read more...
16 June 2017
All of the UK’s main political parties now highlight the importance of an ‘industrial strategy’ with the aim of improving economic growth and achieving more balance in how its gains are distr... Read more...
30 May 2017
There are three reasons to be sceptical about the Bank’s forecasts for the growth in earnings in future years, and hence the recovery in real wages. One is that unemployment may not stay as low as 4.5 pe... Read more...
17 May 2017
Article by Sandra McNally and Stephen Gorard. The level of funding going into schools is at record levels. Prime Minister Theresa May in an interview with Andrew Marr on the BBC on April 30, 2017. As she hit t... Read more...
04 May 2017
Article by Nicholas Bloom, Erik Brynjolfsson, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen Our analysis of the Census data, conducted with Lucia Foster and Ron Jarmin of the U.S. Census Bureau and... Read more...
18 April 2017
‘Agglomeration externalities and urban growth controls’, Wouter Vermeulen, Journal of Economic Geography Volume 17, Issue 1, January 2017 http://bit.ly/2n719tK Related publications Agglome... Read more...
09 March 2017
Then three economics and finance professors—Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago—created a series of Economic Poli... Read more...
05 March 2017
Index of uncertainty in the economic policy of China and Hong Kong (China-Hong Kong Economic Policy Uncertainty Index-CHEPUI) are at record levels 672.82 points after soaring up fivefold higher than the averag... Read more...
20 February 2017
Economic policy is always challenging to decipher in China, where Communist Party leaders steer one of the world's most opaque central banks. Indeed, one measure of uncertainty has never been hig... Read more...
Von anderen Star-Ökonomen waren eher pessimistische Stimmen zur Wirtschaftsentwicklung unter Trump zu hören. So sagt Stanford-Ökonom Nicholas Bloom, ... Related publications 'Meas... Read more...
14 February 2017
Dr Hilary Steedman discusses IFS report criticising huge investment into apprenticeships. 0725 Is the way in which the Government will fund new apprenticeships a monumental waste of money? Dr Hilary S... Read more...
31 January 2017
Dr Hilary Steedman, senior research fellow at The London School of Economics, speaking on the BBC’s Today programme, said: “I think the IFS has really overstated their case here. We have a really s... Read more...
After decades languishing as one of the most underfunded medical problems, mental illness began to receive some of the attention it deserved under Tony Blair’s government. In 2006, a London School of Eco... Read more...
09 January 2017
Sir David Metcalf has today (5 January 2017) been named as the first Director of Labour Market Enforcement to oversee a government crackdown on exploitation in the workplace. ... Read more...
05 January 2017
LSE study led by Labour peer found that failed relationships and physical and mental illness were bigger causes of misery than poverty Clinical psychologists have raised the alarm over a controversial piece... Read more...
26 December 2016
A a survey of leading wellbeing researchers from around the world finds that more public holidays would be better for everyone, writes Paul Frijters. The World Wellbeing Panel on wellbeing and public holida... Read more...
24 December 2016
Too often in our business we focus primarily on finances. Of course, that is what financial professionals do, but we could be neglecting an important, maybe more important, piece of the pie. The recent London ... Read more...
22 December 2016
This is the consensus finding of a survey of leading wellbeing researchers from around the world, writes Paul Frijters. Related articles: World Wellbeing Panel Survey: ‘Wellbeing and Public Holi... Read more...
Here’s the second episode of our podcast, with Jules Evans interviewing Richard Layard, former government ‘happiness tsar’ and the creator of the NHS talking therapies service; and Wili... Read more...
19 December 2016
While increasing salary had a minimal effect on people’s wellbeing, unemployment reduces the happiness of each unemployed person by about 0.7 points on average. ... Read more...
A conversation with MIT’s John Van Reenen When we talk about innovators, we normally talk about how someone becomes one—not when. We talk about the success or failure of their experiments, produ... Read more...
16 December 2016
What makes humans happy? What makes you happy? Is it the material and tangible things? Or is it experiences or people? Happiness can be measured and defined in so many ways but according to a study by a t... Read more...
What distinguishes ‘Les Misérables’ from the rest is neither poverty nor unemployment, but mental illness, write Andrew Clark, Sarah Fleche, Richard Layard, Nattavudh (Nick) Powdthavee and G... Read more...
12 December 2016
Understanding the key determinants of people’s life satisfaction will suggest policies for how best to reduce misery and promote wellbeing. This column discusses evidence from survey data on Australia, B... Read more...
Good mental health and having a partner make people happier than doubling their income, a new study has found. The research by the London School of Economics looked at responses from 200,000 people on how diff... Read more...
The book flies over aspects featured of the cases of Denmark, Norway, Sweden and Iceland, countries that are located well above in rankings that measure development, welfare or happiness. The report on 2016 wo... Read more...
17 November 2016
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth ... Read more...
16 November 2016
Dr Swati Dhingra interviewed, talking about the potential international implications of a Trump White House as well as initial reactions from (Brexit) UK. The interview was broadcast by CKWX News on the Ne... Read more...
… "Uncertainty is a real risk," said economist Michael Strain, of the American Enterprise, a right-of-center think tank. "I'd be reluctant to start a business now, and if I had one, I... Read more...
15 November 2016
The meaning of Brexit is yet to become clear. But if Brexit means leaving the customs union of the European Union, Thomas Sampson looks at what it might meant for the UK to pursue its own trade policy for the first time ... Read more...
26 October 2016
Study of 36,000 undergraduates identifies positive relationship between financial aid, retention and attainment The larger the bursary a student receives, the more likely they are to get a good degree, according to a ma... Read more...
18 October 2016
CEP research article previously published by Vox referenced in article published in PRC: [8]Swati Dhingra, Thomas Sampson: UK-EU relations after Brexit: What is best for the UK economy? This article was published onlin... Read more...
16 October 2016
[Jeremy] Corbyn too is proposing a solution ''which would reduce numbers'', despite the fact in its 2015 General Election briefing, the Centre for Economic Performance at the London School of Economics observed: ''There ... Read more...
06 October 2016
Article by Gabriel Ahlfeldt and Nancy Holman Good architectural design is a public good, but economists and policymakers lack robust evidence on the impact of well designed architecture on location value when planning s... Read more...
24 September 2016
However, land regulation may play a bigger role. According to a recent paper by Christian Hilber and Wouter Vermeulen of the London School of Economics, alongside Greater London, scarcity of open, developable land is gre... Read more...
Article by Anna Valero In 1900, just 1% of young people in the world were enrolled at university. Over the course of the next century this exploded to 20%, as recognition of the value of such an education became widespr... Read more...
15 September 2016
Prime minister champions grammar system but critics argue reforms will damage social mobility But critics were quick to dismiss the reforms. Professor Sandra McNally, director of education and skills at the London Schoo... Read more...
09 September 2016
Returning to the interim UN report for happiness, you can find an interesting proposal in many respects. Found in Chapter 3, which shall be signed by the head of the Centre for Economic Performance of the London School o... Read more...
22 August 2016
Decades of planning policies that constrain the supply of houses and land and turn them into something like gold or artworks is to blame for the current housing crisis in the UK rather than foreign buyers, according to a... Read more...
17 August 2016
Paul Cheshire argues that golf courses capitalise on green belt planning laws which keep down land prices and contribute to a housing shortage. The interview was broadcast by BBC Radio 4 on August 10, 2016 Link to th... Read more...
10 August 2016
The addition of a second child can put families under serious financial strain - and in the case of women on the lowest incomes - convince them to give up work altogether in the face of rising childcare costs, a new st... Read more...
07 August 2016
A new study finds that, while the addition of a second child has little effect on the working hours of mothers in skilled jobs, it has a substantial and negative effect on low-skilled women who are forced to reduce their... Read more...
06 August 2016
Article by John Denham For the past 20 years and longer, Ministers of all parties have wanted to see more employers support employees and apprentices to gain higher levels skills and higher education. With strong bi-par... Read more...
03 August 2016
Education is not just a vital cornerstone of our culture and economy, it is also potentially one of the great social levellers. However rich or poor our parents, however supportive or dysfunctional our families, a high-q... Read more...
02 August 2016
What is contraction that leads to uncertainty, or the opposite? Last year, as part of a working paper, the economists Scott R. Baker, Nicholas Bloom and Steven J. Davis built a rate of economic uncertainty (UPR, Economi... Read more...
29 July 2016
When politicians speak of a need to 'control' EU immigration, we should be asking why. The evidence shows that free movement of people is working for all of us. But the available evidence suggests the overall impact of ... Read more...
24 July 2016
This finding is mirrored at least in part by a study of sponsored academies established under the previous Labour government, conducted by the London School of Economics, which argues that the impact of conversion should... Read more...
22 July 2016
... Indeed, the ideological common ground of the political class has perhaps been nowhere more apparent than in the transformation of wellbeing or happiness from being a free individua'ls pursuit into the object of gover... Read more...
19 July 2016
Yesterday the Education Policy Institute, in partnership with the Sutton Trust, hosted the 'Academies: 15 years on summit'. This was an opportunity for researchers, policy makers and system leaders to come together and c... Read more...
13 July 2016
Article by Sandra McNally, Director of the Centre for Vocational Education Research (CVER), LSE and Head of Education and Skills Programme, CEP The incoming British prime minister Theresa May has outlined a vision of a ... Read more...
After years of debate over the effectiveness of academy status, the Education Policy Institute has now released data which it says shows the causal impact of academy status on school performance. Editor Laura McInerney e... Read more...
12 July 2016
New research has found ''no evidence'' that academy status leads to better grades for pupils at schools rated good or satisfactory. The study, by the London School of Economics and the Education Policy Institute (EPI)... Read more...
A new breed of apprenticeship is offering employers a way to accelerate and keep top talent Petra Wilton, CMI's director of strategy and external affairs, says the degree apprenticeships will help to meet expected deman... Read more...
05 July 2016
Today Morning Trade talks Brexit and the future of U.K. trade policy with Swati Dhingra, a lecturer in economics at the London School of Economics and a member of the trade research program of the Institutions's Center f... Read more...
21 June 2016
Learning to decipher the squiggles on the page well enough to pass the key stage 1 Sats does not make you a reader, says author Susan Elkin Teaching reading in itself is pointless. All the phonics, decoding skills ... Read more...
08 May 2016
Although phonics - breaking words down into their constituent parts - has been one of the main ways in which parents and teachers teach children to read for many years, new research from the London School of Economics ... Read more...
05 May 2016
There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the London School of Economics (LSE) - about 30 times the number of new houses London needs a year. But o... Read more...
30 April 2016
SIR - I noted with interest the research from the London School of Economics into the use of synthetic phonics in schools. Phonics is a highly effective method of helping children who are behind with reading to catch... Read more...
26 April 2016
Sandra McNally interviewed for the drivetime show, discussing recently published research on teaching reading with 'synthetic phonics'. This interview was broadcast by BBC Radio Ulster's Evening Extra programme on April... Read more...
An ''inexpensive trial'' policy improved all pupils' literacy in the early years and had long-term effects on children who struggle with reading, a major new study has found. The ''teaching to teach'' literacy study, whi... Read more...
25 April 2016
Welcome to the latest issue of Best Evidence in Brief, brought to you by the Johns Hopkins School of Education's Center for Research and Reform in Education and the Institute for Effective Education at The University of ... Read more...
Using synthetic phonics to teach children how to read can have considerable long-term benefits for pupils from disadvantaged backgrounds and those who do not have English as a first language, according to a new study by ... Read more...
Poor land-use regulation is the main reason for Londons crazy prices. Two problems stand out. ... There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the Lo... Read more...
An assessment of more than 270,000 children by LSE's Centre for Economic Performance (CEP) discovered that those who were learning phonetically had developed far better by age seven than those using traditional methods. ... Read more...
Gill Wyness, lecturer in the economics of education at the UCL Institute of Education, said that St John's students would welcome the funding but warned that a move towards support coming from universities rather than th... Read more...
14 April 2016
New research by London school of economics Professor Christian Hilber and Wouter Vermeulen of the Netherlands Bureau for Economic Policy Analysis provides strength and evidence of the connection between high housing pr... Read more...
12 April 2016
It costs a relatively large amount of money to buy a house in the UK - something readers from the UK will almost certainly agree with. But economists differ over why this is. This column argues that strict planning regul... Read more...
10 April 2016
A generation of young, 'middle achievers' are being left behind by the Government because they do not go to university, a damning report has claimed. Most youngsters - 53% - do not go on to university or do A levels, yet... Read more...
08 April 2016
53% of young people do not follow the 'traditional' academic route into work. This majority of young people are significantly overlooked in their transition for work by the education system and the focus on apprenticeshi... Read more...
Areas experiencing poor economic performance are often targeted by governments with programmes aimed at improving employment. However, there are concerns that any increases in employment come at the cost of reduced emplo... Read more...
07 April 2016
''My view of the history of minimum wages is that we've always been surprised about how you seem to be able to push them up without harming job prospects,'' says Alan Manning, a professor at the London School of Economic... Read more...
29 March 2016
If the UK added 1 university to each region, national income would grow 0.7%, write Anna Valaero and John Van Reenen. This article was published by the LSE Business Review blog on March 23, 2016 Link to article here ... Read more...
23 March 2016
The UK leaving the European Union would knock £850 off the average UK household's income, according to a report from the Centre for Economic Performance (CEP) at the London School of Economics. And that's its concl... Read more...
18 March 2016
Article by Guy Michaels Over the last 30 years, floods have killed more than 500,000 people globally, and displaced about 650m more. In a recent paper published by the Centre for Economic Performance, we examined why so... Read more...
17 March 2016
The Danes are the happiest people on Earth, followed by the Swiss, while Britons are comparatively miserable among the rich nations, but happier than the French and Italians. The only European countries happier than the ... Read more...
16 March 2016
The SDSN is pleased to present the 2016 World Happiness Report in two volumes - the 2016 Update and the Special Rome Edition, including an update on national rankings and new analyses. A key focus this year is on the in... Read more...
All schools will become academies, announced George Osborne in his 2016 Budget speech. But the impact of such mass rollout on students' performance is uncertain, explain Andrew Eyles and Stephen Machin. This article was... Read more...
John Van Reenen, Director of the Centre for Economic Performance, gives his reaction to the 2016 Budget. The austerity approach continues, despite it having little economic sense. Fuel duty is frozen as a sweetener to hi... Read more...
Scholars who have read the paper say it makes a valuable contribution to the field. The model ''is stylized but rich enough, I think, to capture some of the main features of the sector,'' explains John Van Reenan, an eco... Read more...
15 March 2016
How to reduce the risk of depression during your retirement? The good news of the day, is that I put a hand on a study that deals with precisely this sensitive topic. Entitled Retirement blues, it is written by Gabriel ... Read more...
14 March 2016
Article by Guy Michaels Over the last 30 years, floods have killed more than 500,000 people globally, and displaced about 650 million more. In a recent paper published by the Centre for Economic Performance, we examined... Read more...
09 March 2016
In the latest State of Working Britain blog, editor Professor Jonathan Wadsworth writes: Common Mis-Perceptions About Recent UK Labour Market Performance No 1. A Record number of people in work The opening sentenc... Read more...
01 March 2016
Paul Cheshire is interviewed about building on the green belt in the South East. The interview was broadcast by BBC South East on the Inside Out programme on February 29, 2016 Link to recorded interview here Related... Read more...
29 February 2016
A study by University College London estimated that migrants coming to the UK since 2000 have been 43 per cent less likely to claim benefits or tax credits compared to the British-born workforce. ''Immigrants, especially... Read more...
26 February 2016
The study, Graduate Returns, Degree Class Premia and Higher Education Expansion in the UK, published by the Centre for Economic Performance at the London School of Economics, finds that, five years after university, grad... Read more...
14 February 2016
Latest State of Working Britain blog by Jonathan Wadsworth The central message is that it would be wrong to conclude from analysis of the net change in employment that migrants take all new jobs. Rather the net change i... Read more...
09 February 2016
[David] Blanchflower and [Stephen] Machin argue labour market must tighten further before pay growth picks up, something Bank of England consistently fails to acknowledge. This article was published by The Guardian on F... Read more...
02 February 2016
CEP's Anna Valero written evidence for the Government's Productivity Plan Inquiry contributed to the final report. The Government's heralded 'Productivity Plan' lacks clear, measurable objectives and largely amounts to ... Read more...
29 January 2016
In the first of a new blog from LSE's Centre for Economic Performance, Jonathan Wadsworth comments on the issue of full employment in the UK. This article was published online by the CEP's The State of Working Britain b... Read more...
26 January 2016
Dr Thomas Sampson from the Centre for Economic Performance says the EU accounts for about half of all UK trade. This interview was broadcast by Sky News Tonight on January 25, 2016 Link to interview here Related pub... Read more...
25 January 2016
Tumbling global markets are issuing a cry for help to policymakers of all stripes: Do something. As investors, traders and pundits scramble to understand the reasons for the terrible start to 2016, more and more are look... Read more...
21 January 2016
It's not every day that an unpublished academic study rates a front-page story in the New York Times, let alone an additional continuation page replete with graphics, but that was the treatment accorded to the study titl... Read more...
A report (Pay growth predicted to stall at 2% as number of skilled workers rises, 30 December, page 20) said that over the past year almost three-quarters of new jobs created went to non-UK nationals, according to offici... Read more...
20 January 2016
Results from the Centre for Economic Performance study in March 2015 suggest deregulation of Sunday trading laws has a considerable positive impact on employment, which stems from new firms being able to enter the mark... Read more...
16 January 2016
Dr Tom McDermott of the School of Economics and the Environmental Research Institute at University College Cork has been working with colleagues from the London School of Economics and Oxford University to examine overpo... Read more...
11 January 2016
Climate change experts have backed calls for tighter planning restrictions to prevent new building on flood plains after the worst national flooding crisis in a generation. After a major study of city floods around the w... Read more...
07 January 2016
Brexit would be a catastrophe for the British economy: leaving the European Union would mean sacrificing the prosperity and the future security of the United Kingdom, according to a survey among experts. None of the more... Read more...
05 January 2016
Chancellor George Osborne will struggle to impose further spending cuts over the next five years, most economists believe. Question: Fiscal policy: Please explain which of the below statements is closest to your views.... Read more...
03 January 2016
Four out of five economists in the Financial Times survey see another good year of UK growth, keeping Britain near the top of the international table for advanced economies, a position it has enjoyed since the start of 2... Read more...
British households can look forward to another year of ultra-low interest rates, with most economists expecting a maximum 1 per cent by the end of 2016. Just five out of 104 respondents to the question: ''Please explain ... Read more...
Government initiatives to support home ownership and build new houses will fail to have any real impact in 2016, with UK property prices expected to keep climbing. John Van Reenen, Director, Centre for Economic Performa... Read more...
The UK taxpayer is left to pick up the cost of flooding because housebuilders do not contribute enough when building homes, giving them an incentive to build on floodplains, according to research. Flooding costs between... Read more...
01 January 2016
A recent study by Zack Cooper, Stuart Craig, Martin Gaynor, and John Van Reenen has documented the remarkable variations across regions and age groups, and within regions, in U.S. health care spending. Previously, the Da... Read more...
30 December 2015
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
18 December 2015
The World Bank Group launched the Competitive Cities report [1] on December 10 - ''Competitive Cities for Jobs and Growth: What, Who and How,'' which represents almost two years of research and analysis to put together a... Read more...
3. New data shows experts were wrong about where healthcare costs less Researchers analyzed the real prices hospitals negotiate with private insurers and found places that spend less on Medicare do not necessarily spend... Read more...
Dennis Novy believes Chinese investors would no longer take the UK seriously if the country left the EU. ''It would be one-sided deterioration'', argues the associate professor of economics at the University of Warwick,... Read more...
John Van Reenen interviewed by ITN A group of economists from the LSE have tried to model the effect Brexit would have on trade. Interestingly, they concluded that even in the best-case scenario Britain would face subst... Read more...
17 December 2015
15 December 2015
The cost insurance companies pay for a medical operation in a hospital varies dramatically from city to city within the U.S. and can even vary by a factor of nine within an individual city, according to new research. The... Read more...
'Bleak' prospects A seminar on social mobility in the UK, to be held at the London School of Economics on Thursday, will hear that too little progress is being made. It will be addressed by Prof Stephen Machin, res... Read more...
10 December 2015
Article by Lee Elliot Major and Stephen Machin Private tutoring is booming and elite universities remain preserve of middle classes; something must change, say Lee Elliot Major and Stephen Machin Social mobility is t... Read more...
09 December 2015
John Van Reenen, Director of the Centre for Economic Performance at the London School of Economics, discusses today's UK manufacturing. This interview was broadcast by Share Radio on December 8, 2015 Link to interview ... Read more...
08 December 2015
Professor Martin Knapp at the London School of Economics and Political Science will lead another study, which will develop a publicly available tool to help meet the future needs of dementia patients and their carers. A ... Read more...
03 December 2015
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
Sandra McNally, Director of the Centre for Vocational Education Research, considers the possible impact of Chancellor George Osborne's November 25 Budget. This article was published in FEWeek.co.uk on November 27, 2015 ... Read more...
27 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
Richard Layard profiled: ''Richard Layard, who believes the basic purpose of economics is the maximization of happiness and well-being'' A day after sharing a stage with the Dalai Lama, London School of Economics (LSE)... Read more...
Social mobility plays a curious and sometimes tortuous role in our national political psyche. We love talking about it even if we can't, or won't, do much about it. Greater mobility is a goal lionised by all politicians ... Read more...
18 November 2015
All said, are Nicaraguans happier? According to the World Happiness Report 2015, edited by John Helliwell, Richard Layard and Jeffrey Sachs, Nicaraguans are indeed happier now than they were in 2007. Nicaragua ranks fir... Read more...
10 November 2015
Prioritising wellbeing as a key measure of whether policy is improving human lives would lead to more interventions like the provision of psychological therapy for people with mental health problems, which increased acc... Read more...
Dennis Novy gave a radio interview for the Drive programme with Lorna Bailey. The topic was the upcoming negotiations of Prime Minister David Cameron over Britain's EU membership and in particular their implications for ... Read more...
09 November 2015
''Immediately after the General Election in May this year, the Migration Advisory Committee (MAC) was commissioned by the Conservative government to examine Tier 2 of the Points-Based System,'' ... The MAC indicated in A... Read more...
01 November 2015
With the Leave.eu campaign pledging to win back the UK, and with The Britain Stronger in Europe campaign pledging to explain the ''true reality of life'' outside the EU, arguments for and against UK's membership give and... Read more...
23 October 2015
Liberal Ciudadanos defends the idea of a single contract to end a two-tier labour market, with ''a core of the temporary workers, much less protected and highly protected workers even as the United States'', said economi... Read more...
22 October 2015
Some experts suggest it is more likely than not the UK will vote to leave. LSE Professor John Van Reenen, director of the Centre for Economic Performance, put the chance of an ''Out'' vote at 54%, with very wide uncertai... Read more...
12 October 2015
Will the attempt by the chancellor to take politics out of our new infrastructure projects succeed, asks Kathryn Cooper ''Britain is a big, diverse country with very active press and democratic process, which can hold u... Read more...
11 October 2015
Four ideas to improve Britain's bad record on big building projects UK government's plans for increased infrastructure spending and Centre for Economic Performance's recommendations. The article was published online by... Read more...
08 October 2015
''We are the builders'' - So George Osborne declared at this years Tory Conference. Is he right, or are we neglecting our National Infrastructure? Anna Valero, research economist at LSE, joins us to walk through the argu... Read more...
07 October 2015
In her address to the Conservative party conference, the home secretary delivered a pointed speech saying that ''there is no case, in the national interest, for immigration of the scale we have experienced over the last ... Read more...
06 October 2015
Ever since Thatcher's Teesside stroll, breathing life into blighted areas has met with mixed success. Understanding what might work is a step in the right direction. Professor Alan Manning of the London School of Econ... Read more...
03 October 2015
Debate on banning mobile phones from classrooms mentions LSE [CEP] research. The news item was broadcast by BBC Radio Suffolk on September 30, 2015 Link to broadcast here See also BBC Radio Shropshire News Discussi... Read more...
30 September 2015
LSE report says primaries improving since 90s and abolition of Inner London Education Authority led to pupils' success One of the researchers, Jo Blanden of the University of Surrey, said: ''London's schools have become... Read more...
In the East London case, wrote Paul Cheshire, an emeritus professor of economic geography at the London School of Economics, via email, ''the very early relatively poor but mainly educated/drop-out pioneer gentrifiers - ... Read more...
This was based on a study by Professor Paul Cheshire, of the London School of Economics, which declared that... This article was published by The Times on September 30, 2015 [Subscription needed to view article.] Re... Read more...
London School of Economics Professor Richard Peter Layard, author of Thrive, discusses progress made in treating mental health and the impact of mental illness on the global economy. He speaks on 'Bloomberg Surveillance... Read more...
29 September 2015
Henry Overman interviewed by Philip Salter It's easy to make policy, but it's hard to make the right ones. These are the sorts of questions the excellent What Works Centre for Local Economic Growth looks at. It recently... Read more...
25 September 2015
THE Centre for Economic Performance at the London School of Economics predicts the range of Brexit economic scenarios from something akin to the global financial crisis (-10 per cent GDP) to a best case scenario of a -2.... Read more...
Richard Layard, emeritus Professor of economics at the LSE interviewed on action for happiness campaign for increased happiness and kindness in the UK. The interview was broadcast by BBC World Service on September 21, 2... Read more...
21 September 2015
In the afternoon, an enthusiastic and friendly audience of more than 2000 awaited His Holiness's arrival at the Lyceum theatre. He was met at the stage door by his old friend Lord Richard Layard, who with Director of Act... Read more...
In the 70's, the New Yorker Richard Easterlin Economist concluded that, once past a certain level of income in the richest nations, happiness not increased as a result of higher revenues. Today we know for scientific res... Read more...
16 September 2015
Ofsted, the schools inspectorate, has raised concerns about secondary pupils using their phones at school. LSE academics released a study in May suggesting that restricting mobile phone use could improve results. This a... Read more...
14 September 2015
Pero no es el unico que comparte ese punto de vista. Tambien Luis Garicano, profesor de la London School of Economics, analizaba los retos a los que se enfrenta la economia global en los proximos anos en un encuentro rec... Read more...
11 September 2015
Article by Gianmarco I.P. Ottaviano As the deadline gets closer, the United Kingdom (UK) public debate is heating up on an event that, one way or another, could change the identity of the European Union (EU) and its e... Read more...
04 September 2015
...the role of smart phones in the classroom its after research from the London school of economics suggested exam results improve in schools... This broadcast was made by BBC Radio Glouchestershire on September 3, 2015... Read more...
03 September 2015
Centre for Economic Performance's Director, Professor John Van Reenen among economists signing a letter critical of Labour Party leader candidate, Jeremy Corbyn's economic plans. The letter was published by The Financia... Read more...
Mention of research from London school of economics about mobile phones in the classroom. The research was mentioned on LBC Radio's James O'Brien show on September 2, 2015 Link to the broadcast here Related Publicat... Read more...
02 September 2015
The Centre for Vocational Education Research's Claudia Hupkau looks at what can be learnt from past apprentices growth for the government's 3 million apprenticeship target. With GCSE results recently out, many students ... Read more...
01 September 2015
...realisee par Henrik Jacobsen Kleven, professeur d'economie à la London School of Economics, montre au contraire,... Tax-shift: A Government of the 1% who are greatly mistaken However, the reasoning of the Governmen... Read more...
Article by John Van Reenen Voting for Jeremy Corbyn as leader is a gut reaction to Labour's electoral defeat. Corbyn does point to some real economic problems facing Britain but his policies are based largely on the kin... Read more...
17 August 2015
Article by Dennis Novy Alexis Tsipras will be able to survive, for one simple reason: there’s no better alternative. The Greeks don’t want to leave the Eurozone. The last months have shown that the government's prev... Read more...
David Cameron's plan to toughen visa rules for foreign workers could backfire by forcing British companies to expand overseas and hitting the quality of university research, the Government's immigration advisers warned y... Read more...
14 August 2015
It remains unclear whether the levy would be introduced as a one-off cost or an annual tax. Sir David Metcalf, a former London School of Economics professor who chairs the MAC, echoed Lloyds yesterday, saying that as a r... Read more...
In a recent discussion paper for the London School of Economics Centre for Economic Performance, Stephen Machin, professor of economics at University College London, and Richard Murphy, assistant professor of economics a... Read more...
13 August 2015
It's a well-known fact that Essex is blessed with an excellent choice of schools, in both the public and private sectors. And thanks to some research published a couple of years ago by the Centre for Economic Performance... Read more...
12 August 2015
Records: the happiest country in the world On April 24, 2015, the 2015 Edition of the happiness of the world (World Happiness Report) was published. The work includes a happiness measure, taking into account 158 countri... Read more...
11 August 2015
[Gabriel] Ahlfeldt, an Associate Professor of Urban Economics and Land Development at the London School of Economics and Political Science, says as long as outward growth is prevented by policies such as the 'green belt'... Read more...
10 August 2015
There is very little evidence to suggest that migration has a significant negative impact on wages or employment. A study by researchers at the London School of Economics earlier this year found that immigration to Brita... Read more...
It was some considerable interest that I read a contribution in dementia policy, co-authored by one of my previous bosses, Prof Martin Rossor. The other co-author was Prof Martin Knapp from LSE. This article was publis... Read more...
04 August 2015
Article by Bill Gates Last month, during a trip to Europe, I mentioned that I plan to invest $1 billion in clean energy technology over the next five years. This will be a fairly big increase over the investments I am a... Read more...
03 August 2015
Article by Richard Layard Leading thinkers across the worlds of science, public service and academia have launched a new global programme to combat climate change. Richard Layard outlines their proposal for big public i... Read more...
Those of us who have run hospitals where we've been serious about achieving improvements in quality and safety know that without a highly committed board of trustees, the results will never be sustainable. And so it is l... Read more...
This autumn sees the launch of the Global Apollo Programme: a green research initiative that wants governments to match, in today's money, the sums spent putting men on the moon. At a time of increasing austerity, reques... Read more...
In the book A Good Childhood: Searching for Values in a Competitive Age by Judy Dunn and Richard Layard, they reference a study which reports only seven percent of adults say children have a stronger sense of moral value... Read more...
02 August 2015
... Top economists echoed the TUC's concerns yesterday ... Growth in recent years has been ''anaemic'', according to University College London's Professor Stephen Machin, and research director at the Centre for Economic ... Read more...
01 August 2015
Article by Gill Wyness There were a surprising number of announcements relating to higher education in George Osborne's budget this week. One of the most controversial was the announcement that university maintenance gr... Read more...
10 July 2015
John Van Reenen interviewed on the UK budget. This interview was broadcast by China Central TV Europe (CCTV) on July 9, 2015 Link to broadcast here [Interview with Prof Van Reenen starts around 02.30] Related publicat... Read more...
09 July 2015
Article by Anna Valero In the 2015 summer budget, George Osborne at last identified the UK's productivity performance as an important issue that needs to be tackled. Here, Anna Valero reviews some of the measures ahea... Read more...
DAVID CAMERON'S top immigration adviser has suggested the introduction of a £3m ''entry fee'' for Russian oligarchs and other wealthy foreigners who want to stay in Britain, with some of the proceeds used to help s... Read more...
28 June 2015
For the first question, the argument for lowering the rate is that a higher rate makes people behave in such a way that there is less income to be taxed in the first place. So a higher rate may not bring in much more mon... Read more...
25 June 2015
Article by Sandra McNally From this September, all pupils at secondary school will have to study English, a language, maths, science and history or geography at GCSE. This is the English Baccalaureate, or Ebacc, which e... Read more...
23 June 2015
A report entitled A Global Apollo Programme to Combat Climate Change, written by a number of high-profile British scientists and economists, offers a bold answer. It argues that carbon-free energy has to become competiti... Read more...
Iain Duncan Smith, the welfare secretary, has exhorted companies to ''pay their full share'' of workers' remuneration rather than leaving it to the state to prop up incomes through tax credits. Professor Steve Machin, re... Read more...
Similar work by Paul Cheshire and Christian Hilber, of the London School of Economics, estimated that in the early 2000s this regulatory shadow tax was roughly 300% in Milan and Paris, 450% in the City of London, and 800... Read more...
22 June 2015
Money, as the song lyric has it, can't buy you love - or happiness. Happiness, as Richard Layard's research shows, depends much more on the quality of our personal relationships than on our income. In many ways, the most... Read more...
The new aims and role of the Centre for Vocational Education Research (CVER) has become clearer since a consultation event this month, as Andrew Morris explains. The new Centre for Vocational Education Research (CVER), ... Read more...
First Richard Layard, my colleague in the Lords, blogged about why schools should teach character as well as competence. Their research at the LSE, using the British Cohort Study, found that the strongest predictor of a ... Read more...
19 June 2015
Deutsche Bank has been the first one to fire a warning shot over the UK vote to leave the EU, but others are certainly already preparing too, says Dr. Dennis Novy, associate professor in the department of Economics at th... Read more...
16 June 2015
The democratic nature of this debate is a helpful reminder as to why history matters. If Britain does withdraw from the European Union, the cost for families and the national economy will be immense. As reported in the G... Read more...
14 June 2015
Paul Cheshire discusses using limited amount of London's green belt for housing. The interview was broadcast by BBC Radio 4 News on June 14, 2015 [No link available.] Related Publications The Green Belt: A Plac... Read more...
Letter from Ha-Joon Chang, Thomas Piketty, David Blanchflower and others Emeritus professor of Economics, Cambridge University Prof Hugh Willmott, CASS Business School Prof Steve Keen, Professor of Economics, Kingston U... Read more...
12 June 2015
Citizens violate their economic program in the Andalusian pact No sign of economist [Luis] Garicano's proposals to simplify administration. Queues at a theater to hear an economic program of a party was an unprecedente... Read more...
11 June 2015
One of the reasons for this, according to Gill Wyness, a researcher in education policy at the centre for economic performance at the London School of Economics and a lecturer at the University College London Institute o... Read more...
...in 2013, I wrote that the evidence was 'mixed on wages, with some evidence of downward pressure for the lower paid'. He argues that the latter statement contradicts the former. In the intervening five years, we've ha... Read more...
...its roster of contributors includes John F. Helliwell, Richard Layard of the London School of Economics, and Jeffrey D. Sachs who is, among other things, special advisor to U.N. Secretary-General Ban Ki-moon. Overall,... Read more...
10 June 2015
Britain's politicians say they are keen to reward aspiration, but soaring house prices are a significant block to achieving this. Professor Christian Hilber, from the London School of Economics, explains to Ferdinando Gi... Read more...
09 June 2015
Article by Richard Layard, Gus O'Donnell, Nicholas Stern, Adair Turner If clean energy were cheaper than dirty energy, climate change would halt. Making clean energy cheaper is a problem - like putting a man - on the... Read more...
08 June 2015
However, Keyu Jin of the London School of Economics now says the Chinese economy is not creating enough jobs. This article was published by The Epoch Times on June 3, 2015 Link to article here Related links Keyu J... Read more...
03 June 2015
India will be a member of a consortium of countries that will implement the Global Apollo Programme - a plan to find ways within the next 10 years of making green energy clean cheaper to produce than energy drawn from c... Read more...
In the deepest chill of the Cold War, then-president of the United States John F. Kennedy announced to the country, and the world, that ''we choose to go to the moon.'' The Apollo Programme placed a man on the moon withi... Read more...
''The challenge is as big as putting a man on the moon,'' says Richard Layard of the London School of Economics, one of the founders of the programme along with other prominent scientists, economists and industrialists. ... Read more...
A number of Britain's leading experts in the field of climate research are focused on achieving the goal of solving the world's most pressing problem: the continued global temperature rise. This article was published on... Read more...
02 June 2015
Lord Richard Layard, an economist at the London School of Economics and member of the Apollo group, said it was barely believable that the world only spent 2% of its R&D money on its ''most pressing problem'' of clim... Read more...
Interview with Lord Layard regarding launch of the 'Apollo' programme to make renewables cheaper than fossil fuels. The interview was broadcast by the BBC World Service News on June 2, 2015 [No link available.] Relate... Read more...
Article by Richard Layard The target for GAP is to reduce the cost of clean energy and to do it fast. This article was published by The Huffington Post on June 2, 2015 Link to article here Related links 'Global ... Read more...
Partly as a result London house prices per square foot are now the second highest in the world after Monaco, according to the London School of Economics' Centre for Economic Performance. The problem is acute: the average... Read more...
Leading academics, including former government chief scientist Sir David King, past president of the Royal Society Lord Rees, and economists Lord Stern and Lord Layard, in effect said that the world cannot be saved from ... Read more...
The Chris Blackhurst interview from 13 July 2014 How could we become a happier nation? One pioneering economist has spent the best part of a decade arguing that we simply must find an answer to this question - gaining ... Read more...
01 June 2015
WHEN Margaret Thatcher came to power in 1979 she set about bulldozing the trade unions, which had frequently brought Britain grinding to a standstill in the 1970s. On May 27th David Cameron indicated that his Conservativ... Read more...
30 May 2015
Anna Sivropoulos-Valero interviewed on productivity. The interview was broadcast by BBC Radio 4's More or Less Programme on May 29, 2015 Link to interview here [Interview begins around 08:24.] Related publications ... Read more...
29 May 2015
About 85 per cent of Canadian high school students have a mobile phone, but two economics researchers have concluded cellphones are distracting in class. Their research paper concludes high school students score higher m... Read more...
25 May 2015
Article by Camille Terrier French teachers went on strike on May 19 to voice their disapproval of two major reforms that have been proposed by Najat Vallaud-Belkacem, the French education minister. The two reforms are v... Read more...
22 May 2015
The London School of Economics showed that test scores of 16-year-old students were 6.4 percent higher after schools banned students from using mobile phones. This article was published by the Guardian - Teacher Netwo... Read more...
20 May 2015
Schools that have banned students from carrying smartphones have seen an improvement in the children's test stores, reported CNN Money on a new study from the London School of Economics. This article was published onl... Read more...
19 May 2015
Dennis Novy (CEP) interviewed on the comment by Lord Bamford, Chairman of JCB, that leaving the EU would not necessarily be a big problem for British business. This interview was broadcast by BBC Radio Coventry &... Read more...
18 May 2015
The authoritative How Mental Health Loses Out in the NHS study, published by the LSE in 2012, revealed that for people aged 65 or less, nearly half of all ill health was mental ill health. This article was published o... Read more...
15 May 2015
Anna Sivropoulos-Valero interviewed, on productivity. The interview was broadcast live on BBC Radio 5 on May 13, 2015 Related publications Productivity and Business Policies, Isabelle Roland and Anna Valero, CEP... Read more...
13 May 2015
Article by Richard Murphy and Louis-Philippe Beland How does the presence of mobile phones in schools impact student achievement? This is an ongoing debate in many countries today. Some advocate for a complete ban, whil... Read more...
12 May 2015
Richard Layard, a British social economist and associate of Kahneman, found himself at the top table of Britain's New Labour government when it took power in 1997. The press gave him the title Happiness Tsar, and his 200... Read more...
10 May 2015
''Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make east London one of the world's great technology centres,'' Mr Cameron said in ... Read more...
05 May 2015
A steep reduction in UK emissions over the last two decades disguises a number of ineffective government policies, argues a new report from the London School of Economics. In a briefing on the key environmental policy is... Read more...
30 April 2015
The Conversation is fact checking political statements in the lead-up to the May UK general election. Statements are checked by an academic with expertise in the area. A second academic expert reviews an anonymous copy o... Read more...
28 April 2015
Both labour and its opponents make too much of a new policy Labour made two housing policy commitments over the weekend, only one of which was interesting. The uninteresting one was the promise to cut stamp duty for fir... Read more...
27 April 2015
In a recent briefing from the London School of Economics, Alan Manning writes that raising tax from 45 to 50 per cent has highly uncertain, but small, effects on the public finances. But what is clear is that if the high... Read more...
22 April 2015
University financing has again emerged as a key battleground issue in the 2015 General Election. Should fees be regulated lower and if so, how will the cost be financed? Gill Wyness explores these questions. Published... Read more...
21 April 2015
One of the main arguments employed by those in favour of remaining in the EU is simply how difficult it would prove to leave. We are deeply integrated with our European allies - economically, militarily and culturally. ... Read more...
19 April 2015
There are signs that inequality in the UK is beginning to rise again following tax and benefit changes introduced since 2010, an economic analysis has found. The study by the Centre for Economic Performance found the... Read more...
17 April 2015
Article by Ian Preston, Andrew Street, Claudia Hupkau, David Chivers, Peter Beresford and Simon Burgess The Conversation's Manifesto Check, where academics subject each party's election manifesto to unbiased, expert scr... Read more...
Article by Hilary Steedman Welcome to The Conversation's Manifesto Check, where academics from across the UK subject each party's manifesto to unbiased, expert scrutiny. The Conservative manifesto skates over some unco... Read more...
15 April 2015
Article by Hilary Steedman and Claudia Hupkau Hilary Steedman, London School of Economics and Political Science Labour's election manifesto promises four initiatives in the area of skills and apprenticeships; the Compu... Read more...
13 April 2015
Robert Peston was on the R4 news telling us that if we hadn't had austerity growth would have been 15 percent higher...and so would wages...a Labour narrative and pure speculation...there is no counterfactual, Peston is... Read more...
02 April 2015
John Van Reenen of the LSE, who also disagreed with austerity, said ''UK GDP is about 15 percent below where we would have expected on pre-crisis trends... Premature austerity has damaged UK welfare and, as I and others ... Read more...
01 April 2015
It looks good for the Tories, the economy is recovering and employment is up. BUT, as an LSE economist put it, ''When viewed over the longer term, the state of the UK economy is not pretty''. ... Why is this? Two reasons... Read more...
31 March 2015
The possible spending plans of Labour and the Tories illustrate the fact that there are real choices to be made at the election, writes John Van Reenen. When viewed over the longer term, the state of the UK economy is n... Read more...
30 March 2015
El economista Luis Garicano, autor del programa economico del partido de Albert Rivera, opina que la inversion en la alta velocidad de Galicia es un ''derroche keynesiano'' que debe paralizarse Economist Luis Garicano... Read more...
The economist Alan Manning recently gave a public lecture at the London School of Economics, where he drew parallels between the Equal Pay Act and the minimum wage, pointing out that in both cases theoretical concerns we... Read more...
27 March 2015
Then there is the vital question of productivity. As Professor John van Reenen from the LSE observes, ''What the Chancellor didn't mention is that UK GDP per person is 16 per cent lower than we would have expected on pr... Read more...
Since the global financial crisis, workers' real wages and family living standards in the UK have suffered to an extent unprecedented in modern history. The one group in society for whom living standards have risen since... Read more...
26 March 2015
The big squeeze in UK living standards after the 2008 crash has been driven by a historically large squeeze in real wages (wages taking into account inflation). This was all set out in a new report from the Centre for Ec... Read more...
Article by Sandra McNally With education policy set to play an important part in the May general election campaign, debates around the future direction of the school system will take place against the backdrop of fast-p... Read more...
24 March 2015
The government made three arguments for accelerated austerity. None was persuasive. Here are three indicators of the extent to which the economy has gone ex-growth: real gross domestic product per head at the end of 201... Read more...
19 March 2015
It is likely that there will be tax increases after the election whoever wins, concludes a new report from the Centre for Economic Performance (CEP), based at LSE, in the latest in a series of background briefings on the... Read more...
13 March 2015
John Van Reenen examines the spending plans of the three major parties over the next Parliament, finding that, while all are currently planning for continued and severe austerity, the Conservatives' plan would bring down... Read more...
12 March 2015
11 March 2015
Iglesias's left-wing economic proposals have put business leaders on guard, while Rivera's economic programme, drawn up by Luis Garicano of the London School of Economics, has been better received by the business world. ... Read more...
Article by Professor John Van Reenen, Director of the Centre for Economic Performance All elections since 1992 have been followed by net tax increases of around £5 billion in today's money. It is therefore incumbe... Read more...
Discover the Government to catapult the economy and the stock market in Spain In a double election year in Spain, what is the best option to boost economic growth and improve our living conditions? ... We also believe... Read more...
10 March 2015
Spain prepares for bipartisanship in a crowded election year His economic program, developed by a professor at the London School of Economics, Luis Garicano, reassures companies. It also has support from the media. ... Read more...
Immigration and security minister James Brokenshire responded ... ''Uncontrolled, mass immigration makes it difficult to maintain social cohesion, puts pressure on public services and can force down wages.'' But even a m... Read more...
03 March 2015
Spain: an array of new players signals yearning for change. ... A new recruit whose academic credentials will impress some voters: Luis Garicano, a professor of ''economics and strategy'' at the London School of Economi... Read more...
28 February 2015
A new report from the Centre for Economic Performance (CEP) shows that there is no evidence of a negative impact of immigration on jobs, wages, housing or the crowding out of public services. The author, Professor Jonath... Read more...
27 February 2015
In 1974 there were 350,000 people with dementia in the UK. Last year the number had grown to 816,000, a 74 percent increase. According to Martin Knapp, professor of social policy at the London School of Economics, that g... Read more...
15 February 2015
Citizens will present on Feb. 17 in Madrid the first axis of its economic program in a ceremony that will feature the leader of the formation, Albert Rivera, and Economist Luis Garicano, 'signed' to implement economic me... Read more...
08 February 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
Should we follow the British economist Sir Richard Layard? ''According to him, work contributes to happiness insofar as it contributes to the society and gives some meaning to the life of the worker'', says Cyril Perrier... Read more...
29 January 2015
As the economy recovers, wages should rise and the relative cost of capital to firms should fall, which would increase the appeal of investing in productivity-enhancing technology. This, at least, is what Professors Joao... Read more...
Britain has prized the ideal of economically mixed neighbourhoods since the 19th century. Poverty and disadvantage are intensified when poor people cluster, runs the argument; conversely, the rich are unfairly helped whe... 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...
Dr Dennis Novy talking about Europe's economy if Syriza win the Greek election. The interview was broadcast by Sky News on January 28, 2015 Link to broadcast here Related links Dennis Novy webpage Globalisatio... Read more...
28 January 2015
Select Committee publications: education 3. The growth in the number of academies and free schools and the significance of their impact on the educational landscape in England led us to decide that it would be timely to... Read more...
Stephen Machin, professor of Economics at University College London, says, ''Creating jobs with decent pay as innovative technologies evolve is a challenge, given the UK's traditional difficulties in generating good jobs... Read more...
We demand happiness! Despite the reservations you can make there, we find that the British are busy with something special. That is why we went to London to investigate where they, four years after Cameron's speech, wit... Read more...
25 January 2015
Consider the example of planning policy. On one side of the barricades, there are those opposed to new development - perhaps not in general, but certainly when it comes to any specific attempt to build much-needed new h... Read more...
21 January 2015
ESRC-funded research provided crucial evidence for the introduction of a UK National Minimum Wage in 1999, encompassing 1.3 million workers in 2013. The research was cited prior to minimum wage legislation in Hong Kong i... Read more...
19 January 2015
Only a tenth of education reforms carried out around the world since 2008 have been analysed by governments for the impact they have on children's education. A new report by the Organisation for Economic Co-operation and... Read more...
New report from Inclusive Prosperity Commission, transatlantic group convened by the Center for American Progress, will present policy proposals to promote broadly shared prosperity throughout the United States Washingt... Read more...
15 January 2015
What makes people happy? Measuring human happiness is increasingly becoming a pursuit of economists, who use a range of research tools to gauge and quantify popular contentment at a national level. A common factor is mon... Read more...
13 January 2015
Interest rates must start rising soon, to wean the UK off crisis-era monetary policy, five former members of the Bank of England's rate setting body say. Financial markets are not expecting a first rate rise until late n... Read more...
01 January 2015
Political risk is back on the worry list for economists, with opinion polls increasingly suggesting neither of the two main parties will win an outright victory in May's general election. More than 60 per cent of 85 e... Read more...
In an item about the cooperative Vura Music Project in Uganda and its long-term future, Professor Luis Garicano mentioned: As shown in the Economist, Professor Luis Garicano advises that to emerge from the crisis huma... Read more...
27 November 2014
Article by Iain M. Cockburn, Jean O. Lanjouw and Mark Schankerman Patented pharmaceuticals diffuse across international borders slowly, and sometimes not at all. This column analyses the effect of patent protection and ... Read more...
26 November 2014
22 November 2014
Everett was supported by Lord Richard Layard and Lord Gus O'Donnell who were also speaking at the launch of the index. Lord O'Donnell said: ''One of the biggest, clearest conclusions from wellbeing analysis is that we s... Read more...
21 November 2014
Give doctors bonuses for asking the right diagnosis Professor of Social Policy at the London School of Economics, Martin Knapp, says such incentive schemes tend to have an effect. He thinks this controversial measure wi... Read more...
20 November 2014
Article by Jo Blanden As free nursery places for three year olds fail to deliver lasting educational benefits, Dr Jo Blanden argues we need to see a sensible approach to early years policy. This article was published... Read more...
22 October 2014
Professor Paul Cheshire of the London School of Economics, has written that ''the unstoppable damage they do to societal fairness, housing affordability, the economic efficiency of our cities, even the environment, is de... Read more...
19 October 2014
Luis Garicano, Professor at the London School of Economics, says that ''Investors are waiting for a long time for the three things proposed by Mario Draghi (President of the European Central Bank) to happen: Germany to l... Read more...
18 October 2014
Alluding to research from the London School of Economics, which showed more of Surrey if devoted to golf courses than housing, Dr Cable said if he was in a middle-income family struggling to find a home in the county, he... Read more...
16 October 2014
The academies programme has transformed England's educational landscape. ... A separate study by Professor Machin and Andrew Eyles at the London School of Economics identified ''beneficial effects'' in schools becoming a... Read more...
11 October 2014
In an article sourced from the Centre for Economic Performance's Mental Health Policy Group, the Health and Social Care Information Centre, the Mental Health Foundation, Young Minds and the Guardian the Mirror explains w... Read more...
09 October 2014
In a short online film, Professor Richard Layard of the Centre for Economic Performance (CEP) explains why treating mental illness should be high on the public agenda, especially as proven psychological therapies effecti... Read more...
23 September 2014
Article by Peter Dolton There are around 1.3 billion children enrolled in primary and secondary schools worldwide. Each year, governments spend trillions of dollars on their education systems with the objective of educa... Read more...
05 September 2014
Rowan Pelling enjoys a new approach to the old problem of happiness I bet politicians hanker for the days when they only had to worry whether the population was fed and plague-free, rather than fretting about their well... Read more...
25 August 2014
''Lost happiness is lost for ever'' could be a slogan emblazoned on the favourite T-shirt of a pseudo-intellectual teenage poet, or the tag line of a deep-house club night in Dalston, east London. In fact, it's the life ... Read more...
24 August 2014
The project cites Thrive: The Power of Evidence-Based Psychological Therapies – the latest work by Richard Layard, co-authored with David Clark, professor of psychology at Oxford University. Mr Layard is credited as on... Read more...
22 August 2014
THE Federal Reserve is ''the most transparent central bank to my knowledge in the world,'' claims its chairwoman, Janet Yellen. Transparency is a commonly prescribed remedy for all manner of governmental failings. But is... Read more...
24 July 2014
Article by David M. Clark and Richard Layard Mental illness is the main sickness of the working age population with economic costs around 8% of GDP. This column, based on the authors' recent book, discusses the effectiv... Read more...
17 July 2014
Yesterday the Independent featured an interview with British economist Richard Layard. The article's headline features Layard proclaiming ''that money is not the only thing affecting peoples happiness''. Layard has writt... Read more...
14 July 2014
The Chris Blackhurst Interview: With one in six adults in the UK suffering from mental illness, Professor Lord Richard Layard is convinced it's time for a serious response from Government - which would save the NHS mone... Read more...
13 July 2014
And over the past 20 years, academic economists have done many empirical studies showing that's not how minimum wages work in practice. They've also developed more sophisticated theories that better fit the empirical fac... Read more...
11 July 2014
Article by Francesco Caselli, Angus Armstrong, Jaghit Chadha and Wouter den Haan How should UK policy-makers respond to potential dangers to the economy from the housing market? As this column reports, a majority of res... Read more...
08 July 2014
Urban Economics and Urban Policy A new book by Paul Cheshire, Max Nathan and Henry Overman Endorsements: 'A tour de force' Michael Storper, LSE 'Bold, exciting and eminently readable' Ed Glaeser, Harvard ... Read more...
01 July 2014
Article by Joan Costa-i-Font Setting a binding minimum alcohol price raises prices, which should lower consumption. The consumption responsiveness - i.e. the elasticity of demand - is not the same for all groups. In pa... Read more...
30 June 2014
For the market to maintain the flexibility that is needed, the matching of workers to jobs should be as efficient as possible. Government, business and the education sector need to do more to make this happen. It is faci... Read more...
17 June 2014
A new report by the charity and the London School of Economics claims that over two to five years, investment in early detection services could save the NHS £50 million a year. ''Too much'' of the current budget to... Read more...
10 April 2014
The last government's happiness tsar, LSE economist Richard Layard, recommended cognitive behavioural therapy to reduce the cost to the NHS of depression. Where do you stand on happiness-enhancing CBT? ''Playing games ca... Read more...
09 November 2013
According to the UK Centre for Economic Performance, mental illness accounts for nearly half of all ill health in the under 65s. But this begs the question: what is mental illness? How can we judge whether our thoughts a... Read more...
15 May 2013
This post by Richard Layard is part of a series produced by The Huffington Post, the University of Wisconsin-Madison's Center for Investigating Healthy Minds and the Global Health Institute in conjunction with the Change... Read more...
13 May 2013
Two years ago George Osborne, chancellor, wished that a 'march of the makers' would help to lift the UK economy. But as the stagnation continues, there is little sign of an industrial revival. Professor John Van Reenen, ... Read more...
18 April 2013
CEP has produced rigorous research evidence on the impact of hospital competition, pay regulation and management performance on quality, productivity and equity in the NHS. Policy needs to be informed by evidence. Below ... Read more...
13 June 2011