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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
Jonathan Haskel and Stain Westlake explain why the UK government's focus on funding overlooks many levers for innovation policy. ... Read more...
30 March 2022
Joint research from the Centre for Economic Performance and the Resolution Foundation suggests that financial officers expect the amount of workers moving from shrinking to growing companies will spe... Read more...
20 November 2021
Findings from the Resolution Foundation and the Centre for Economic Performance challenge the government’s view that levelling up poorly performing companies or poorer regions will raise productivit... Read more...
15 November 2021
Another, Swati Dhingra, lecturer in economics at the London School of Economics, said that since the EU referendum, "the number of foreign investments and expansions… are showing disconcerting reductions."... Read more...
23 September 2019
On Brexit and the potential future trading options for the UK and the EU27. This interview was part of a larger piece for the 6 o'clock news programme. ... Read more...
17 September 2019
A no-deal Brexit means that Britain will revert to WTO rules to trade with the EU and the rest of the world. This means import duties and various controls on trade, which economists at LSE's Centre for Economic Performan... Read more...
12 September 2019
The OECD estimated before the referendum that a WTO Brexit could cost the UK up to 5.1 percent of GDP over 15 years. A study by the London School of Economics estimated a 9.5 per cent hit. ... Read more...
20 July 2018
Opinion – Letters to the Editor: Alastair Hamilton must acknowledge Brexit realities Writing in the Huffington Post Invest NI chief executive Alastair Hamilton has described the concern that Brexit... Read more...
07 March 2018
Findings suggest that a mother’s personality has a big impact on the academic performance of teenagers, regardless of other factors. Academics assessed women’s “internal locus of control&rdqu... Read more...
08 February 2018
Related publications Locus of Control and its Intergenerational Implications for Early Childhood Skill Formation (pages 298-329) The Economic Journal Volume 128, Issue 608, February 2018 Warn N. Lekf... Read more...
05 February 2018
Swati Dhingra has been awared a European Research Council Starting Grant for the BIGlobal project, which will examine the sources of firm growth and market power to provide new insights into welfare and policy... Read more...
01 February 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
With the UK due to leave the EU at 11pm on 29 March 2019, countries on both sides of the channel are figuring out what Brexit will mean for their economies. We speak to Panmure Gordon’s David B... Read more...
19 January 2018
Swati Dhingra of the Center for Economic Performance at London School of Economics (LSE) said "Inflation data provides the most useful information." She said the overall impact of uncertainty is more... Read more...
20 December 2017
The possible options for the long-term economic partnership range along a wide spectrum – from a European Economic Area-type broad-based single market access, through a Canada-type free trade agreement, ... Read more...
19 December 2017
Article by Henry Overman: With Brexit looming, we’ve been running a series of workshops with local areas to think about different policy responses and consider what the evidence says on effectiveness. On... Read more...
13 November 2017
“The inflation figures are the most informative,” says Swati Dhingra, at the Centre for Economic Performance at the London School of Economics. She says the impact of broad uncertainty has been har... Read more...
Tory whip writes to every vice-chancellor to ask for syllabus and any online material Academics are accusing a Tory MP and government whip of “McCarthyite” behaviour, after he wrote to all unive... Read more...
24 October 2017
Article by Thomas Sampson It is too soon to know whether Brexit will be merely a diversion on the path to greater integration, a sign globalisation has reached its limits, or the start of a new era of prote... Read more...
20 October 2017
While talk of a sudden exodus might be overblown, there is a danger that jobs in the sector could gradually slip away from the capital. Barclays’ Peter Gordon says that, over the next decade, ‘we m... Read more...
19 October 2017
Article by John Van Reenen: ... “An argument that was made in favor of Brexit was that by restricting Europeans coming into Britain, it would create an economic boon,” said MIT Sloan professo... Read more...
18 October 2017
A major impediment to clarity has been the weight of advice from what Michael Gove calls ‘organisations with acronyms’ suggesting that a ‘no deal’ on trade will greatly damage the... Read more...
13 October 2017
Awarded an European Research Council Proof of Concept Grant for the NCore project, which aims to develop a mobile app which facilitates access to mental health services and treatments for young peopl... Read more...
12 October 2017
Too many economists have refused to take seriously the idea that Brexit has the potential to provide economic benefits to the UK. Before the referendum, Treasury economists assured the public that a vote to le... Read more...
28 September 2017
A study by economists at the London School of Economics has estimated the damage could be as great as 9.5 per cent of GDP if the UK leaves the EU without a free trade deal. Related article ‘Th... Read more...
26 September 2017
Professor of Finance and Economics, Kevin Dowd (Durham University), Professor David Paton (Nottingham University) and Professor David Blake (University of London) discuss how the UK can benefit from a free tra... Read more...
20 September 2017
Article by Nikhil Datta and Swati Dhingra: About half of Britain’s trade and investment is with the EU, and currently, as members, we implement almost the same standards for products and services. One of... Read more...
13 September 2017
The great majority of the economic forecasts have concluded that Brexit will damage the UK economy. In the case of ‘no deal’ between the UK and the EU, the majority view is that the loss of GDP cou... Read more...
08 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
Snippet...”Mostly, the economists gathered here expressed hope that people would embrace the broader benefits of trade rather than focusing on the narrow costs. “All I can hope is that we are ha... Read more...
25 August 2017
The LSE quartet – professors Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen – do concede that there is, potentially, a very minor boost to going it alone. Their own model... Read more...
21 August 2017
The Center for Economic Performance estimated that in the case of such a scenario over the decade, trade would have fallen by 40 percent and average income by 2.6 percent. ... Read more...
14 August 2017
A new study forthcoming in the journal Economic Policy, based on a trove of data from 33 OECD countries over a 12-year period (2002-2014), finds that prices paid by consumers are higher in more concentrated ma... Read more...
08 August 2017
Research from the Bonn-based Institute of Labor Economics shows that the differences in individual workers’ pay since the 1970s is associated with pay differences between — not within — compa... Read more...
06 August 2017
In findings released by think tank Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics, the potential impact of either Brexit "type" on major cities in t... Read more...
29 July 2017
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27 July 2017
While the Prime Minister seems to understand that trade with the European Union is sizeable, she also seems to be under the illusion that Britain can pick and choose during the Brexit negotiations. L... Read more...
26 July 2017
Snippet: “In Europe, you have 28 different banking systems, which were created nationally under different mandates,” said Tom Kirchmaier, deputy director of corporate governance at the London Sc... Read more...
25 July 2017
Newspaper headlines this week have been shouting about a crash in the housing market. Massive collapse! Property prices could plunge! We hear from the man quoted in many of those stories, Professor Paul Cheshi... Read more...
08 July 2017
06 July 2017
A study of professors Luis Garicano and Vicente Cuñat, of the London School of Economics, established in 2009, a relationship between a higher degree of politicization, less experience and a lower acade... Read more...
26 June 2017
Swati Dhingra, of the LSE, said: “There is near consensus among economists that the hard – or chaotic – form of Brexit…would hurt the UK economy. Although there was little immediate ec... Read more...
22 June 2017
But the greatest potential trouble is on Brexit, with the constitutional uncertainty growing and economists laying out this week just what a hard or chaotic Brexit could mean for the economy: the pound droppin... Read more...
21 June 2017
Many commentators are throwing out numbers about the negative impact of Brexit on GDP growth and income across Europe. The Center for Economic Performance has concluded that every EU member will lose income af... Read more...
20 June 2017
19 June 2017
Article by Luis Garicano DONALD TRUMP and Theresa May may have done more to push Europeans together, and open up an opportunity for reform of its institutions, than any pro-European American president or Br... Read more...
02 June 2017
Article by Patrick Stewart. A recent report on the likely impact of Brexit from the London School of Economics has found that all EU countries will lose income after Brexit. The overall GDP fall in the U... Read more...
19 March 2017
Economists from the London School of Economics have estimated that the WTO route would cause an almost 10 per cent hit to UK GDP by 2030. Also in: The i Paper Failure to secure trade deal 'would o... Read more...
02 March 2017
“Each business lobby is motivated -- the worse you can make it sound at this point, the more likely your sector will get special treatment,” said Thomas Sampson, assistant professor of economics at... Read more...
01 March 2017
Growth will slow, incomes will be squeezed and investment delayed, FT survey finds Question: ‘How much, if at all, do you expect UK economic growth to slow in 2017?’ Stephen Machin, professor... Read more...
02 January 2017
Ministers are at loggerheads over whether to quit the European customs union amid warnings it could mean a 4.5 per cent hit to GDP. Papers circulated at a meeting of the Brexit Cabinet committee apparently suggested tha... Read more...
19 October 2016
Foreign direct investment is also much more economically potent than the domestic variety. It brings with it new technological and managerial knowhow that can dramatically boost productivity, according to London School o... Read more...
17 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
According to estimates by the London School of Economics, Brexit will result in a 22 percent drop in direct investment into the British economy and a 3.4 percent drop in revenues. This article was published online by ... Read more...
27 September 2016
EXCLUSIVE: An analysis by The Independent of official data suggests British exporters would face a cost of at least £4.5bn - and in all likelihood they would take a hit many times larger A separate analysis by th... Read more...
23 September 2016
With a major question mark: foreign groups continue to invest in the country? The Centre for Economic Performance at the London School of Economics estimated that membership of the EU has indeed increased foreign direct ... Read more...
21 September 2016
Dennis Novy interviewed. The topic was the Transatlantic Trade and Investment Partnership (TTIP) and the recent political backlash from France and Germany. The interview was broadcast on the BBC Radio 4 The World Ton... Read more...
30 August 2016
The 23 June 2016 Brexit vote saw British voters reject membership in the European Union. This column introduces a new VoxEU eBook containing 19 essays written by leading economists on a wide array of topics and from a br... Read more...
01 August 2016
However, mounting evidence suggests that the gains from free trade are not shared equally. A body of research on the American economy shows that import competition from poor countries can depress the incomes of the low s... Read more...
30 July 2016
Before Britons voted to leave the European Union, Swati Dhingra, an assistant professor of economics at the London School of Economics, wrote a series of papers with her colleagues trying to convince them otherwise by po... Read more...
26 July 2016
A feedback cycle has businesses cautious on investment and consumers unwilling to spend In a 2015 working paper, the economists Scott R. Baker, Nicholas Bloom, and Steven J. Davis constructed Economic Policy Uncertainty... Read more...
21 July 2016
Britain's decision to leave the European Union (EU) has prompted international conversation about the economic implications. But widespread interest doesn't mean widespread expertise. Economists tell i about some of th... Read more...
The evidence is that foreign managers improve the companies they acquire A paper by Nick Bloom of Stanford University and others shows that the David Brents can learn from the Jack Welches: when they take over British f... Read more...
20 July 2016
Ahead of the Brexit vote, the great transnational institutions that have come to, if not govern, then certainly guide the post-World War Two order were all out talking apocalypse. Britain will ''almost certainly... Read more...
Various analysis have shown that Brexit will adversely affect Britain's economy. According to the Centre for Economic Performance, LSE, Britain's economy will decrease by 1.3 per cent to 2.6 per cent without considering ... Read more...
12 July 2016
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said that Britain's Brexit decision will have both short-term and long-term consequences. ''There is a lot of uncertainty ab... Read more...
01 July 2016
Less than a week after Briton's voted to exit the EU, the worlds second largest telecom company [Vodafone] has announced it is considering moving its headquarters from London to mainland Europe. Vodafone's warning could... Read more...
29 June 2016
UK's EU exit will make transatlantic trade talks even tougher. ''There's every reason to believe that the right-wing lurch of Brexit could turn the U.K. into a paradise for free market capitalism: a TTIP on steroids,'' ... Read more...
28 June 2016
- Lehman-kraschen kom fran ingenstans, sager John Van Reenen, London School of Economics till New York Times. Det har ar som en tagolycka dar du kan se tagen komma mot varandra pa avstand men hoppas att de ska kunna sty... Read more...
27 June 2016
Millions of words on the topic - including economists' majority view that leaving the bloc will slow growth and the Leave campaign's counterarguments that Britain will prosper - could be replaced by seven charts. The... Read more...
First views on the global economic impact of such episode refer to one (even minor) world growth rate. Thus for example claimed John Van Reenen of the London School of Economics, who said the effect ''disincentive'' to i... Read more...
24 June 2016
Whenever share prices fall significantly investors should ask: is this because future dividends will be lower, or is it because risk aversion has increased? ... So, which of these explanations applies to the post-Brexi... Read more...
Minford said that the economy would be more dynamic and more efficient now that we're out of the EU. Swati Dhingra disagreed, saying that the economy would suffer because of a shallower pool of talent from other EU co... Read more...
So we've decided to take a leap and vote to leave the EU. What is it going to mean for you and your money? We've voted. The decision has been made. We're out of the European Union, in a move that has triggered the Pri... Read more...
The world map has been redrawn with the rules of commerce across Europe, the largest marketplace on earth. Britain's vote on Thursday to leave the European Union has set in motion an unprecedented and unpredictable proce... Read more...
Research by the London School of Economics in the report ''Life After Brexit'' is warning Britain would most likely fall into recession if it leaves, as a myriad of agreements unravel over several years. French launch #O... Read more...
23 June 2016
Foreign investment brings many benefits to the UK, including higher pay and productivity. But a Brexit vote could end it all, write Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. First, not being... Read more...
22 June 2016
And while some experts argue that FDI is high in the UK due to a favourable business environment, others, such as the Centre for Economic Performance at the London School of Economics, suggest that ''being fully in the s... Read more...
According to Dennis Novy, Associate Professor of Economics at the University of Warwick: ''TTIP has the potential to benefit millions of consumers. It goes far beyond an economic project. Its current timetable seems ambi... Read more...
20 May 2016
The London School of Economics' Centre for Economic Performance calculates the long-term costs to Britain of lower trade with the EU could be as high as 9.5 per cent of GDP, while the fall in foreign investment could cos... Read more...
17 May 2016
Brexit uncertainty ''would tend to push up risk premia'', as InFacts has already pointed out. Funding costs for banks could go up, as would borrowing costs for homeowners and consumers. The UK's current account deficit i... Read more...
12 May 2016
A very awkward fact for the Brexit campaign is that in the last quarter of 2015, Britain's current-account deficit hit a record 7 per cent of GDP. That needs to be financed. But the risk of Brexit is already acting like ... Read more...
19 April 2016
Leaving the EU could lead to a fall in inward foreign direct investment of close to a quarter, writes CEP team: Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. ... Read more...
15 April 2016
Article by John Van Reenen Foreign investors love Britain, but Brexit would kill the vibe. According to new research colleagues and I have conducted at the Centre for Economic Performance, leaving the European Union cou... Read more...
Whether Britain loses access to the single market depends on the terms of any exit. Under the optimistic scenario, Britain would join the European Economic Area as non-member countries like Norway and Switzerland have do... Read more...
…but economists think that leaving would come at some economic cost The FT also reviewed three recently published studies, by the Centre for Economic Performance at the London School of Economics, Pr... Read more...
13 April 2016
Article by Swati Dhingra Last week's Brussels visit by Prime Minister Narendra Modi has started speculations that there will now be a renewed push for talks on the stalled EU-India broad-based trade and investment agree... Read more...
04 April 2016
Article by Swati Dhingra and Thomas Sampson In June, UK voters will decide whether to remain part of the EU. This column explores the UK's options if a majority votes in favour of Brexit. One possibility is for the UK, ... Read more...
04 March 2016
Analysis by the Centre for Economic Performance at the London School of Economics has also dismissed the Leave campaign analysis that the UK economy would be unaffected. It considered an ''optimistic scenario'' with sma... Read more...
25 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
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
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
A new CERRE report highlights the relationship between prices, investments, and market structure. It is co-authored by Tommaso Valletti, a Joint Academic Director of CERRE and Professor of Economics at Imperial College L... Read more...
07 October 2015
It's a powerful and timely point. Rent extraction and rising inequality are two sides of the same coin. Research by Brian Bell and John Van Reenen last year suggested that up to two-thirds of the increase in the overall ... Read more...
24 August 2015
Dennis Novy interviewed on the Transatlantic Trade and Investment Partnership (TTIP) in the light of households in Kenilworth protesting with the message to protect the NHS from TTIP. This article was published by BBC C... Read more...
12 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
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
A recent study from the Centre for Economic Performance has measured the impact on the UK economy of leaving the EU, which as the second chart shows is still the UK’s biggest trading partner. The study conclu... Read more...
19 April 2015
Lower trade with the EU would knock British economic output down by between 1.1 and 3.1 percentage points, according to a study by the London School of Economics. Foreign investment would surely drop and new roadblocks t... Read more...
31 March 2015
Article by Dennis Novy If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history. Dennis Novy writes that while the potential bene... Read more...
28 February 2015
Switzerland's central bank piled fresh pressure on the euro last week when it removed its peg with the franc - a move thought to have been triggered by the prospect of QE by the ECB. Sir Christopher Pissarides, the Cypri... Read more...
20 January 2015
Last week, Luis Garicano, a professor at the London School of Economics, and Lucrezia Reichlin, a former head of research at the European Central Bank and now a professor at the London Business School, published a propos... Read more...
17 November 2014
Article by Luis Garicano with Lucrezia Reichlin The ECB seems to be edging towards QE, but faces a quandary on what to buy. This proposal suggests that the ECB buy 'Safe Market Bonds'. These would be synthetic bonds for... Read more...
15 November 2014
In a letter to the Editor, Professor John Van Reenen, director of the Centre for Economic Performance says traders have been given free rein by banks - that there has been a a failure of banking regulation and governanc... Read more...
13 November 2014
Blog article by David Metcalf Wealthy foreigners looking for a quick way to get permanent residence in the UK can take the 'investor route'. David Metcalf explains how simple reforms to the system, including visa auctio... Read more...
03 November 2014
Tiger mothers predestine their children to do well at school even before they are born, research has suggested. Babies born to highly competitive women who believe that they have the power to shape their children's prosp... Read more...
19 August 2014
Babies born to mothers who hold a stronger belief that their fate is in their own hands and not down to luck tend to perform better in their GCSE exams 16 years later. That is the central finding of new research by the C... Read more...
18 August 2014
Professor John Van Reenen, Department of Economics and Centre for Economic Performance, has been awarded the European Investment Bank Institute's 2014 'Outstanding Contribution Award'. The accolade, jointly awarded to Pr... Read more...
28 July 2014
Highams Park was not mentioned in material promoting business in Waltham Forest on the advice of London School of Economics (LSE) research, the council has said. There has been outcry after the area, long recognised as a... Read more...
20 July 2014
An assumption underpinning China's investment policy is that connecting the hinterland to transport should support its development. But the construction of an early phase of China's national trunk highway system - 35,000... Read more...
19 July 2014
Professor Martin Knapp, lead researcher of the study, believes that the discrepancy is caused mainly by a lack of awareness about how the money is spent. ''It's partly because the prevalence and impacts of the disease ha... Read more...
10 June 2014
Prime Minister David Cameron's decision to distance Britain from European efforts to save the euro isn't likely to make the U.K. more independent of the bloc. "Politically the U.K. has lost power and credibility, and its... Read more...
14 December 2011