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Alan Manning considers the possible outcomes of a drop in immigration and population growth on productivity, economic growth and the labour market. ... Read more...
21 January 2021
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...
15 April 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
Is it possible, as Trump’s statement suggests, to compare two countries’ economies and which indicators would we use to do so? GDP per capita is considered a baseline when comparing two economies. ... Read more...
09 November 2017
In a 2016 study of eight countries spanning diverse cultures and gross domestic product (GDP) ranges, Dr Sara Evans-Lacko and Prof Martin Knapp from the London School of Economics and Polit... Read more...
31 August 2017
.Even before the EU referendum multiple reports carried out by credible and reputable organisations like PWC and Oxford Economics in relation to the effect of Brexit on the UK by the year 2030, concluded that ... Read more...
25 August 2017
Related publications http://worldhappiness.report/ Helliwell, J., Layard, R., & Sachs, J. (2017). World Happiness Report 2017, New York: Sustainable Development Solutions Network. ISBN 978-0-9968513-... Read more...
20 March 2017
On World Happiness Day we should be talking about inequality Richard Layard among others has noted how happiness has stalled in many developed countries, despite considerable improvements in living standard... Read more...
The report also highlights the personal factors affecting happiness. As Professor Layard points out, “in rich countries the biggest single cause of misery is mental illness”… Related publ... Read more...
National figures on economic growth fail to take into account of regional variations and ignore quality of life, such as the gap in life expectancy between Surrey and the north east of England, the Inclusive G... Read more...
07 March 2017
The UN in this regard, ruled: "the year 2015 is a milestone for mankind by the adoption, in September, of sustainable development goals (SDGS), to help guide the world community towards a more inclusive a... Read more...
04 March 2017
New research claims leaving the EU will have bigger impact on UK productivity than had been thought Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, ac... Read more...
09 February 2017
Brexit, national income per capita in the UK to drop On June 23, a referendum MIT faculty member, Professor John Van Reenen advocated keeping Britain in the EU. ... Read more...
08 February 2017
Contributing factors include weaker tax revenues and pressure to rein in cuts Question: ‘Do you think the government will need to borrow more than it has forecast in 2017?’ Stephen Mach... Read more...
02 January 2017
Economists Nicholas Bloom of Stanford and John Van Reenen of the Massachusetts Institute of Technology (along with several co-authors) have been compiling evidence for a while now that companies that follow ma... Read more...
21 December 2016
Cabinet ministers receive stark economic warnings against adopting a 'Norway-style' model The UK could suffer a fall in GDP of 4.5% by 2030 if it leaves the EU customs union. Cabinet ministers were given stark warni... Read more...
19 October 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
Britain's statistics office has recruited a group of economic heavyweights to boost its ability to crunch numbers on the health of the economy. ... Three economics professor have also been recruited to the working group... Read more...
18 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
Finally, there is the low reputation of economists, the result of a global financial crisis that only a few in the profession warned us against. But the institutes that analysed the risks and rewards of Brexit can hardly... Read more...
20 July 2016
The UK Chamber needs to know the details because member shipowners gain their revenue from trade; however, Dr Swati Dhingra, lecturer at the Centre for Economic Performance at the London School of Economics, brought litt... Read more...
19 July 2016
A Leave vote in tomorrow's referendum would ''almost certainly make us financially worse off'' and could cut the UKs GDP by up to 8% - equivalent to £5,760 for every household in the country - a group of respecte... Read more...
22 June 2016
The economic consequences of leaving the EU have been a central focus of the referendum campaign. As June 23 draws near, Jagjit Chadha, Paul Johnson and John Van Reenen bring together the conclusions from their research ... Read more...
21 June 2016
In addition, ''agreements with third countries would be predictably less beneficial for the United Kingdom if it negotiated them alone rather than as part of the European Union,'' he told Dr Swati Dhingra, Economist at t... Read more...
18 June 2016
As June 23 looms closer and closer and Britain makes the ultimate decision whether it should stay in the European Union or go it alone, a recent thorough analysis by Holger Breinlich, Swati Dhingra, Thomas Sampson and Jo... Read more...
17 June 2016
Pro-EU forces have warned that if Britain votes to exit the union on June 23, the country could lose almost a million jobs. Recruiters say the damage has already begun. ''Companies are pushing the pause button,'' said Ki... Read more...
09 June 2016
The London School of Economics' Centre for Economic Performance calculates that the long-term costs to Britain of lower trade with the EU could be as high as 9.5% of GDP, while the fall in foreign investment could cost 3... Read more...
16 May 2016
THERE is much dispute in the Brexit debate over the economic effects of leaving the EU. Even Brexiteers accept that there would be some short-term costs from uncertainty, but they claim that in the long run Britain could... Read more...
18 April 2016
Expansion of higher education systems around the world is likely to continue, according to a study that found a strong correlation between opening universities and significantly increased economic growth. An analysis ... Read more...
31 March 2016
Some say of newer institutions that more means less, but that's not true - more universities mean a larger economy. ... A study from the London School of Economics, ''The economic impact of universities: evidence from a... Read more...
The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer sk... Read more...
26 March 2016
What impact do universities have on a country's economy? Outlining the results of a study of universities across 78 countries, Anna Valero and John Van Reenen find that doubling the number of universities in a region inc... Read more...
25 March 2016
Expansion of higher education systems around the world is likely to continue, according to a study that found a strong correlation between opening universities and significantly increased economic growth. An analysis... Read more...
23 March 2016
The Centre for Economic Performance at LSE released a report last week that also states that British living standards and trade will be damaged if an ''out'' vote wins the referendum. In their research, the body states t... Read more...
22 March 2016
The CBI also said savings from reduced contributions to the EU's budget and regulation would be greatly outweighed by the negative impact on trade and investment. Last week a report by the Centre for Economic Performance... Read more...
21 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
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...
16 March 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
The London School of Economics' Center for Economic Policy[sic] has calculated that, even if trade barriers with other European countries do not significantly increase, per capita income in Britain will fall by between 1... Read more...
05 March 2016
Article by Jan-Emmanuel De Neve and Nick Powdthavee Despite growing concern over the economic and social implications of the increasing concentration of wealth among a wealthy elite, we continue to know very little abou... Read more...
16 February 2016
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...
25 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...
The Centre of Economic Performance (known as the CEP) claim that Britain could have its GDP fall by 8%. In essence, the CEP claim that in a worst case scenario Britain could face loses similar to the ones that were exper... Read more...
09 July 2015
See: Comment by georgep76 3dago - below the cartoon Germany has been described as the biggest ''debt transgressor'' of the 20th Century, with restructurings in 1924, 1929, 1932 and 1953. Total debt forgiveness for Germ... Read more...
21 June 2015
Article by Keyu Jin Chinese Prime Minister Li Keqiang recently cited job creation as vital to his country's ''ultimate goal of stability in growth''. His observation could not be more accurate. In fact, one of the mos... Read more...
04 June 2015
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
Article by John Van Reenen It takes on average a British worker to Friday to do what equivalent workers in Germany and France will complete by the end of Thursday afternoon. Chuka Umunna, Labour's shadow business s... Read more...
24 February 2015
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
QE so that it has the desirable effects of stimulating economic activity and averting horrible debt dynamics, while not creating a moral hazard problem? Yes, say Luis Garicano at the LSE and Lucrezia Reichlin at the Lond... Read more...
21 November 2014
Draghi: an offer you should not refuse Article by Luis Garicano The Spanish and European economic course opens with the bad news of growth in real GDP and prices in the euro area in the second quarter and the response ... Read more...
30 August 2014
Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank, to the German-British Chamber of Commerce Annual Dinner 2014, London, 23 July 2014. 2. The benefits of European integration And it seems that Britain, t... Read more...
24 July 2014
There have been several other attempts at complementing or replacing GDP. Sir Gus O'Donnell explains the impact wellbeing research is having on policy. The UN implemented the human development index, the OECD has a ''bet... Read more...
03 April 2014
And such a target can be established. Indeed, a group of economists (including me) concluded in a report commissioned by the Legatum Institute that, despite its apparent subjectivity, ''wellbeing'' - or life satisfaction... Read more...
01 April 2014