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Congratulations to Dennis Novy, professor of economics at the University of Warwick and research associate in CEP's trade programme, who has been appointed as chief economist and director of analysis at the Foreign, Comm... Read more...
03 October 2025
Jonathan Haskell and Matthew J Slaughter write for Foreign Affairs about Trump's tariffs and the prices of economic uncertainty. ... Read more...
10 June 2025
Thomas Sampson speaks to presenter Tim Harford about the US tariffs on global trade that were announced by president Donald Trump on 2 April 2025 ... Read more...
04 April 2025
The UKRI Economic and Social Research Council (ESRC) has awarded the Centre for Economic Performance (CEP) £9.2mn for its five-year programme of work from 2025. This renewed funding will enable CEP to co... Read more...
18 March 2025
Thomas Sampson discusses how UK growth in goods exports and imports has been "the weakest in the G7", which has "contributed to the ongoing stagnation of the UK economy". ... Read more...
01 February 2024
To understand what is happening to inequality between people we need to understand the behaviour of, and inequality between, firms. Papers published last month as part of the IFS Deaton Review of inequality in work, led ... Read more...
25 April 2022
Interview with Swati Dhingra - is this the end of globalisation? In a series of special programmes, Newsnight looks at the impact of the war in Ukraine on the world. ... Read more...
18 March 2022
The winners of the 2019 WTO Essay Award for Young Economists are Jan Bakker of Oxford University and Federico Huneeus of Princeton University, who were ranked in equal first place by the Selection Panel. They will share ... Read more...
12 September 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
"One thing is really clear: There has got to be a reset in the world trading system," said Swati Dhingra, an economist at the London School of Economics. "It's all breaking at the seams at this point."... Read more...
21 June 2019
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20 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
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
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
Ben Chu, Economics Editor of BBC Newsnight, showed a graph on FDI outflows from the UK (actual vs. expected) on BBC2 Newsnight on 07 March 2019. This graph is taken from CEP Brexit Analysis No. 13, Figure 2. 19:20min ... Read more...
07 March 2019
MGI was putting its finishing touches on the report in early 2016, but held its publication for the Brexit vote in March. "We weren't surprised by the outcome," Manyika told me. "We had been sitting on this research show... Read more...
07 February 2019
Long term is worse. "Our best estimate is that GDP per capita will be 6.3 to 9.5 per cent per year lower than it would be if we were to remain in the EU," wrote John Van Reenen, today an economics professor at MIT. "At t... Read more...
18 January 2019
Research by London School of Economics professor Stephen Machin and Richard Murphy at The University of Texas at Austin revealed that by paying higher fees, international students in effect subsidise certain domestic stu... Read more...
09 January 2019
Thomas Sampson, a London School of Economics scholar, detects a wider global meaning in Brexit. "The period since world war II has been marked by growing economic and cultural globalisation and, in Europe, increasing pol... Read more...
08 January 2019
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
Left-behind places are lending themselves increasingly to the forces of populism and political disintegration, writes Riccardo Crescenzi. A complex flow of investment is spreading across the globe, connecting more a... Read more...
07 November 2018
• A commentary on how to help the those hurt by trade Paul Samuelson, a Nobel prize-winning trade economist, argued in 1941 that globalisation causes economic hardship for some. He wrote that the lo... Read more...
02 June 2018
Silicon Valley and the City of London should give up some of their massive gains from globalization to ensure workers in cities like Detroit and Hull do not continue to fall behind. But… &ldqu... Read more...
29 May 2018
A no-deal Brexit would leave Britain’s economy diminished and its people poorer. That is the conclusion of the economic forecast commissioned by the mayor of London, Sadiq Khan from Cambridge Econometric... Read more...
11 January 2018
Article by Gill Wyness Given that twenty years have passed since the introduction of fees in the UK, we now have the opportunity to look at the evidence. In a new Centre for Global Higher Education working ... Read more...
07 December 2017
Article by Gill Wyness In a recent paper, co-authored with Richard Murphy, from the University of Texas at Austin, and Judith Scott-Clayton, from Teachers College, Columbia University, we looked at the cons... Read more...
05 December 2017
But there will be voices calling to keep the current system in place - and the Department for Education will be unlikely to provide any propulsion for change. A report this week from the Centre for Global High... Read more...
01 December 2017
England, which used to provide tuition-free public universities, switched to a tuition system in 1998, and has raised fees several times since then. Economists Gill Wyness, Richard Murphy and Judith Scott-Clay... Read more...
02 November 2017
Economists Gill Wyness, Richard Murphy and Judith Scott-Clayton studied the impact of getting rid of free college. What they found might prove a shock to Sanders supporters: The analysis shows that since the m... Read more...
01 November 2017
Article by Thomas Sampson Since World War II the global economy has become increasingly integrated. Brexit runs counter to this trend and has ignited a debate about the future of the EU and the global econo... Read more...
31 October 2017
Dennis Novy interviewed on globalisation and Brexit. ... Read more...
30 October 2017
Yet, according to economists Gill Wyness, Richard Murphy and Judith Scott-Clayton, who have studied this British system, it does not work so badly. The authors focus on three dimensions: the accessibility of s... Read more...
Article by Gill Wyness, Richard Murphy and Judith Scott-Clayton The question of who should pay for higher education continues to be hotly debated across the world. This column uses the case of the English h... Read more...
21 October 2017
Article by Thomas Sampson While we can estimate the economic impact of Brexit, we do not yet understand what made people vote for it. This column argues that political pro-Brexit rhetoric conflates two dist... Read more...
19 October 2017
Some economists have warned that the UK is heading for a house price collapse London School of Economics professor Paul Cheshire has said we are due "a significant correction". ... Read more...
17 September 2017
13 July 2017
Globalisation, technological progress and a range of policies and institutions are driving ‘Great Divergences’ in wages and productivity, write Giuseppe Berlingieri, Patrick Blanchenay and Chiara C... Read more...
05 July 2017
“There will be a lot of political pressure to get as much of the finance industry moved to the EU as possible,” said Tom Kirchmaier, a fellow in the financial-markets group at the London School of ... Read more...
23 June 2017
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 time... Read more...
07 June 2017
Dr Swati Dhingra on BBC News (19:35) commenting on PM Theresa May's speech on remaking globalization. [No link available.] ... Read more...
14 November 2016
The pound has lost nearly 18 per cent of its value against the dollar since Britain voted Brexit, two per cent more than during the 2008 financial crash. On Thursday it reached its lowest point for 168 years. ''Movements... Read more...
14 October 2016
More jobs but lower living standards: that's been how most people have experienced Britain's economic performance since the financial crisis. ... The London School of Economics' Centre for Economic Performance has referr... Read more...
18 August 2016
A couple of thoughtful pieces to throw into the melee post-referendum. First Tim Harford in today's FT And to the idea that economists don't know what they are talking about (a new broadly held myth scaled up by the fac... 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
FRIDAY was the day when international markets absorbed the shock of the British vote to leave the European Union; a vote that few investors had anticipated. But today, market focus shifted back to the places where the vo... Read more...
27 June 2016
To some Professor Luis Garicano of the London School of Economics is a leading expert in the fields of productivity and industrial organisation, but to many he's the man Queen Elizabeth asked: ''Why did no one see it com... Read more...
John Van Reenen, Professor at the London School of Economics, said on Friday in an interview issued by the American channel CNBC that the companies ''will not want to take investment decisions because they have uncertain... Read more...
26 June 2016
According to John Van Reenen, Director of the Center for Economic Performance who said: "the same phenomenon will occur as being ''dubious'' in a period when businesses don't like to take new decisions or new invest... Read more...
25 June 2016
In an interview to CNBC, John Van Reenen, director of the Centre for Economic Performance at the London School of Economics said the short-term impacts would be painful: ''You get a rabbit-in-the-headlights phenomenon wh... Read more...
The decision left the United Kingdom society of the European Union does indeed have fueled new uncertainty. ''Businessmen reluctant to take new decisions or affect investments, because of the uncertainty for the future,'... Read more...
24 June 2016
In crudest outlines, the panic that followed Britain's vote to quit the European Union traced the 2008 collapse of Lehman Brothers, an event that turned an unfolding financial crisis into the bleakest economic downturn s... Read more...
The Center for Economic Performance at the London School of Economics finds that EU immigrants to Britain are better educated and more likely to ... This article was published online by The Wall Street Journal on Ju... Read more...
22 June 2016
Comedian Colm O'Regan takes a look at productivity and its decline in the UK since the financial crisis in 2008. He speaks to Anna Valero from the London School of Economics and Richard Cullen, managing director of ... Read more...
10 June 2016
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...
15 April 2016
John Van Reenen is director of the Centre for Economic Performance at the London School of Economics. ''Over the last seven or eight years, wage growth has been very disappointing all over the world. After the Second Wo... Read more...
09 March 2016
On Monday 15 February Paramount Pictures hosted a private screening of the movie "The Big Short" at the Picturehouse Central cinema. Prof. Tim Besley and Prof. Richard Layard joined a panel discussion afterwards with... Read more...
15 February 2016
Article by Gianluca Benigno, Nathan Converse and Luca Fornaro In the aftermath of the Global Crisis, policymakers have adopted policies to limit, or at least manage, capital inflows. This column explores episodes of cap... Read more...
11 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
So if innovation seems to be booming, why has productivity growth been muted? A common argument is that the effect of innovation is being incorrectly measured. The advent of the Sharing Economy, which forms a chapter in ... Read more...
30 July 2015
8.50am: live radio interview Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. The interview was broadcast by BBC Coventry and Warwickshire on the Shane O'Connor Breakfast Show on June 22, ... Read more...
22 June 2015
London School of Economics professor John Van Reenen said Britain was also suffering from government inaction over infrastructure such as high-speed broadband, roads and airports. This article was published online by ... Read more...
26 April 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
''Germany's resurgence has only been possible through waiving extensive debt payments and stopping reparations to its World War II victims'', economic historian Albrecht Ritschl told Der Spiegel in 2011, describing Germa... Read more...
30 January 2015
There is a human mass that despite being available for work and knowledge loses ability to be employed. This generates a terrific competition by seeking higher returns among the cheapest labour in Asia and the suppressor... Read more...
28 January 2015
If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history, writes Dennis Novy - and it has the potential to benefit millions of cons... Read more...
23 January 2015
Britain's recovery is secure and will continue at a good pace in 2015 even if growth is likely to be a bit weaker than last year, economists said in one of their most optimistic assessments since the financial crisis. ... Read more...
01 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...
Aging: is the pension system sustainable? 23:14 hours JL Conde Ruiz, Professor of Economics, co-editor and author of the blog NadaesGratis.es book.. What will happen to my pension?: ''Pensions will be lower and will nee... Read more...
07 December 2014
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
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
Article by Luis Garicano A stable two-party political system has been among Spain's greatest strengths in the post-Franco era. But since 2008 the brutal economic crisis - together with growing evidence that large sectio... Read more...
05 November 2014
Similar considerations are linked with the far more important question: does more money give greater satisfaction? Jan-Emmanuel De Neve and Michael Norton, professors from the London School of Economics and Harvard Univ... Read more...
19 October 2014
Article by Jan-Emmanuel De Neve and Michael I. Norton We find evidence that the life satisfaction of individuals is between two and eight times more sensitive to negative growth as compared to positive economic growth. ... Read more...
09 October 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
... te pristi. Co ji zpusobi? Albrecht Ritschl, profesor ekonomie na London School of Economics Pristi velka krize muze byt o cenach nerostnych surovin, o spekulacich s nimi. Nebo muze ... (Not) the final crisis: int... Read more...
19 June 2014
La Monarquia parece una afrenta a los principios democraticos. Como puede nacer una persona con mas privilegios que los demas? No debemos ser meritocraticos y democraticos en todo? Tal razonamiento parece conducir a la R... Read more...
04 June 2014
Article by Jesus Fernandez-Villaverde, Luis Garicano and Tano Santos By the end of the 1990s, under the incentive of Eurozone entry, most peripheral European countries were busy undertaking structural reforms and puttin... Read more...
30 April 2013
The financial sector has proved remarkably resilient, with wages in the City rising while other workers saw pay fall between 2008 and 2011, according to research from the London School of Economics. Inequality before the... Read more...
22 February 2013