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Congratulations to Brian Bell, professor of economics at King's Business School, King's College London, and research associate in CEP's labour programme, who has been appointed as chief economic adviser to the Treasury. ... Read more...
13 February 2026
With great sadness we have learnt that our good friend and colleague David Metcalf has passed away. Together with Richard Layard and Stephen Nickell, David set up the Centre for Labour Economics, which became the Centre ... Read more...
09 February 2026
We are deeply saddened to hear that CEP associate Ghazala Azmat, Professor of Economics at Sciences Po, passed away on Saturday, 7 June. Ghazala was a leading applied microeconomist, known for her work on labour markets,... Read more...
10 June 2025
Congratulations to Almudena Sevilla, professor of economics and public policy in LSE’s Department of Social Policy, and associate of the Centre for Economic Performance who has been recognised in the New Year's Hon... Read more...
06 January 2025
Daniel Chandler discusses how the Labour party can develop a "good jobs" policy where work would provide dignity and respect for everyone, and be a key source of people’s meaning and wellbeing. ... Read more...
19 February 2024
As the unofficial "Father of Hybrid Work", Stanford's Nick Bloom has spent years studying how we work and how we will work. He'll present new research and share his thoughts on what companies should be preparing for, a... Read more...
13 November 2022
The pace of change in the UK jobs market has slowed to its lowest level in decades and, even the disruption of the pandemic, has been a far cry from the upheaval of the 1980s, according to research by the Resolution Foun... Read more...
06 January 2022
Moving to a new employer offers a greater salary increase than staying put - and workers who resign to take up work in booming sectors stand to gain even more, according to research from the Resolution Foundation think t... Read more...
About half of all firms are struggling to recruit new workers and business confidence is dipping, according to new research from the CEP. Researchers also found that one in five are having issues retaining exi... Read more...
15 December 2021
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
Congratulations to Josh De Lyon who has won a Trade and Investment in Services Associates (TIISA) Young Scholar Award for his paper The Labour Market Effects of Services Importing: Evidence from the United Kin... Read more...
20 October 2021
Amid criticism of a government-commissioned race report for downplaying the extent of problems in the labour market, Alan Manning explains there's no evidence for pay gaps being smaller than they we... Read more...
18 April 2021
In light of the Biden adminstration's Covid-19 Relief Bill, Felix Koenig analysis the historical impact of minum wage bills on jobs and wages. ... Read more...
26 February 2021
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
New research by Jack Blundell, Steven Machin and Maria Ventura finds a fifth of the self-employed workforce expect to leave self-employment as a result of the Covid-19 crisis; and the proportion is h... Read more...
23 November 2020
A survey by Jack Blundell, Stephen Machin and Maria Ventura finds one in five self-employed workers plan to switch to other forms of employment because of Covid-19. ... Read more...
10 November 2020
Survey findings from Jack Blundell, Stephen Machin and Maria Ventura finds the trend of more people working for themselves under threat during the Covid-19 pandemic. A fifth of the self-employed... Read more...
Top incomes have grown rapidly in recent decades and this growth has sparked a debate about rising inequality in Western societies. Felix Koenig et al investigate whether migration can account for the maj... Read more...
17 September 2020
Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli examine the impact of lockdown imposed in late March on more than 8,500 urban workers, finding 52% went without work or pay during lockdown, while less than... Read more...
06 September 2020
India has been struggling with an unemployment problem and the coronavirus pandemic. New research by Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli, finds Federal and state governments recogniz... Read more...
01 September 2020
Why we need to do something about the monopsony power of employers - Alan Manning writes about how monopsony lowers worker mobility and wages, in this new blog article at LSE. ... Read more...
26 August 2020
'Realistic' unemployment rate is 15 per cent, and disadvantaged groups are much more likely to be affected, finds new research by Brian Bell, Mihai Codreanu and Stephen Machin. ... Read more...
17 August 2020
Paul Cheshire, associate of the CEP, talks about how planning rules shape London and why big-name trophy architects are used so often, in this piece about the future of skyscrapers. ... Read more...
30 July 2020
Employers are not vocal enough about the need for higher pay, writes Alan Manning, former chair of the government's Migration Advisory Committee and professor of economics aat LSE. ... Read more...
21 July 2020
The assumption has been that remote workers slack without direct supervision. But do they? Economist Nick Bloom staged a trial – the first of its kind – involving 250 members of a Ctrip call cen... Read more...
14 July 2020
Social care companies are starting to tap into the growing pool of potential employees who have lost jobs in the Covid-19 crisis. Alan Manning, former Chair of the Government's Migration Advisory ... Read more...
Congratulations to Dr Felix Koenig on winning the 2020 Young Labour Economist Prize from the European Association of Labour Economists (EALE). The prize was awarded for his CEP discussion paper: Technical C... Read more...
30 June 2020
The self-employed are being hit particularly hard by the Covid-19 crisis. Many have been offered a lifeline through the government’s Self-Employment Income Support Scheme – but does it go far enoug... Read more...
04 June 2020
Professor Barbara Petrongolo talks to the Independent about her research into how women are more likely to deal with homeschooling, childcare and chores around the house, even if they are working. ... Read more...
01 June 2020
The survey, published by the LSE’s Centre for Economic Performance (CEP), finds that the self-employed have been hit particularly hard by the Covid-19 crisis, with around three out of every four responde... Read more...
22 May 2020
Report on research by Dr Claudia Hupkau and Barbara Petrongolo which suggests the coronavirus outbreak is widening the gender gap in the workplace and at home. ... Read more...
14 May 2020
Real-time survey data shows that 50% of companies had a lower volume of business in April, and the situation is expected to get worse over the next three months, write Swati Dhingra and Josh De Lyon. ... Read more...
07 May 2020
Even in more advanced countries, national statistics have proved inadequate in recording informal workers outside the organised sector, especially the new breed of self-employed and temporary workers in cities... Read more...
05 May 2020
The Covid-19 lockdown implemented in India is estimated to have tripled the urban unemployment rate. Most low-income urban workers will fall through the cracks of the provisions being put in place to supp... Read more...
02 May 2020
This column combines survey data from the UK with occupation classifications to show that that – unlike previous recessions – the current crisis is harming women’s labour market prospects mor... Read more...
22 April 2020
Lee Elliot Major and Stephen Machin propose reforms and urgent actions to tackle economic and educational inequalities in the UK. ... Read more...
21 April 2020
The coronavirus has not yet exploded in the developing world, but poor countries are already suffering from the pandemic. Their economies have been battered by lockdowns, falling commodity prices, declining re... Read more...
20 April 2020
Jenifer Ruiz-Valenzuela, CEP research economist, writes about how job insecurity during the Covid-19 crisis will dramatically affect education outcomes for the families involved. ... Read more...
17 April 2020
Research on childcare and gender norms in Sweden, shows that policy changes had a bigger effect if they were in line with people's norms than if they worked against them. Published 2019. ... Read more...
This research finds that workers in atypical employment, such as gig economy workers, are willing to give up approximately 50% of their hourly wage for a permanent contract and around 35% of their hourly wage ... Read more...
This paper uses evidence of increased productivity among two samples of call centre staff working from home to highlight the potential in new management methods. Published 2013. ... Read more...
Jack Blundell identifies groups among self-employed workers, to aid in finding methods to support and protect workers through public policy. ... Read more...
Brian Bell, Nick Bloom, Jack Blundell, and Luigi Pistaferri estimate how the ongoing pandemic may impact earnings by age group, gender, and firm size. The data suggests that young men ... Read more...
08 April 2020
The spread of COVID-19 has already had a large negative impact on labour supply and earnings of workers in many countries. In this column, the authors leverage newly collected data from the US and the UK to sh... Read more...
The U.K. has record-high employment and the lowest jobless rate since the 1970s. But the labor market - and many workers - are more vulnerable to the economic fallout from the coronavirus than those headline n... Read more...
06 April 2020
Short-time work is a subsidy for temporary reductions in the number of hours worked in firms affected by temporary shocks. Evidence suggests that it can have large positive effects on employment and ... Read more...
01 April 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
Robots and other new technologies change the mix of tasks and jobs, but they do not decrease the overall demand for labor. Automation can replace existing tasks, especially jobs involving routine manual labor,... Read more...
03 March 2020
As part of the new system, the government is expected to drop plans for a salary threshold of £30,000 for applicants. The government immigration adviser, the Migration Advisory Committee, recommended las... Read more...
15 February 2020
Contemporary labour markets are characterised by more atypical or alternative work arrangements. Some of these - like independent contractors - have emerged in the context of self-employment, while others - like zero hou... Read more...
22 October 2019
Congratulations to Benjamin Moll and Xavier Jaravel, who are both winners of this year's Philip Leverhulme Prizes.... Read more...
17 October 2019
The Office for National Statistics (ONS) releases its Pink and Blue Books on the balance of payments at the end of October (interestingly the date is later than usual and coincides with the current Brexit departure date)... Read more...
04 October 2019
In Social Mobility and its Enemies, Lee Elliot Major and Stephen Machin offer a thought-provoking assessment of the state of social mobility in Britain. In the context of much social and political change and rising level... Read more...
29 September 2019
Lisa Cook, Michigan State University Economics Professor references Opportunity Insights' Who Becomes an Inventor in America? The Importance of Exposure to Innovation by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Pet... Read more...
24 September 2019
In their robotics focussed study carried out in 2015, Graetz and Michaels concluded that robot densification increased the annual growth of GDP and labour productivity by about 0.37% and 0.36% respectively across 17 coun... Read more...
23 September 2019
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...
Prof Stephen Machin, at the London School of Economics, says on the decline in membership: "It is not because of getting rid of unions where they are already in place, it is actually the failure to organise new workplace... Read more...
22 September 2019
Prof Stephen Machin at the London School of Economics says on the decline in membership: "It is not because of getting rid of unions where they are already in place, it is actually the failure to organise new workplaces.... Read more...
21 September 2019
Ignore for a moment, the horrendous costs involved in this wholesale re-direction of human work. The question is which jobs are most at risk in which sectors. According to MIT economist David Autor, automation will subst... Read more...
19 September 2019
Of course, the elasticity of the response to automation is an empirical question. Recent studies indeed find evidence of positive employment responses in some industries with new information technologies, automation, and... Read more...
13 September 2019
12 September 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 the fortunes of Roman-era towns in Britain and France. When t... Read more...
09 September 2019
More structured managerial practices have a strong relationship with firm productivity, writes Daniela Scur. ... 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
Just 41 percent of all 30-year-olds earned more in 2017 than their parents did when they were the same age. Two decades earlier, the proportion had been two-thirds higher: in 1995, 69 percent of the age group were better... Read more...
02 September 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
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
Reaffirming this idea, John Van Reenen, economist at MIT, explained that this division could point to a scenario in which the only one harmed is the global economy. "Given the assault of Trump and the growing band of 'st... Read more...
28 June 2019
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
MAC chairman Professor Alan Manning said: "Today's labour market is very different to the one we reviewed when the last SOL was published in 2013. "Unemployment is lower and employers in various industries are facing di... Read more...
14 June 2019
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...
03 June 2019
Explaining the changes, Professor Alan Manning, chair of the committee, said the labour market was "very different" to the one that existed during the last shortage occupations review six years ago."Unemployment is lower... Read more...
29 May 2019
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...
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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...
A special report on Brexit and Pendle published by the London School of Economics this week reveals: "There is a clear consensus that if there was a second referendum held today, Pendle's vote would be the same or even m... Read more...
21 January 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
A survey by Stephen Machin and Giulia Giupponi, two researchers at the London School of Economics, involved more than 20,000 self-employed, gig economy and zero-hours respondents. On average, workers on zero-hour contrac... Read more...
15 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
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
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
Swati Dhingra discusses trade policy and Brexit. ... Read more...
30 November 2018
Both the deal on offer and trading on WTO terms would reduce UK living standards compared to staying in the EU, write Thomas Sampson and Swati Dhingra.... Read more...
29 November 2018
What will the economic impact of Theresa May's deal be? And how does it compare to the no-deal scenario?The LSE's Centre for Economic Performance, in association with The UK in a Changing Europe, has modelled both scenar... Read more...
We at The UK in a Changing Europe, working with the Centre for Economic Performance at the LSE and the Institute for Fiscal Studies, have reached similar findings, modelling specifically for how the prime minister's Brex... Read more...
You wait for months for an analysis of the economic impacts of Brexit, and then three come along at once. But, in contrast to the public perception that economists can't agree on even the most basic questions, like wheth... Read more...
28 November 2018
Experts at the Centre for Economic Performance at LSE, King's College London and the IFS also released research today on the economic and fiscal consequences of Brexit. They estimate that the Brexit deal negotiated by th... Read more...
27 November 2018
Research by the London School of Economics Centre for Economic Performance, King's College London and the Institute for Fiscal Studies added a no-deal Brexit could hit GDP by as much as 8.7%. ... Read more...
The economic consequences of the Brexit deal New research by experts at the Centre for Economic Performance at the London School of Economics, King's College London and the Institute for Fiscal Studies has modelled the e... Read more...
The economic modelling in the report covers trade and migration. For trade, researchers at LSE's entre for Economic Performance used a state-of-the-art model of global trade. They assumed that the deal means that the UK ... Read more...
Undertaken by a consortium of academics and think-tanks, from King's College London, the Centre for Economic Performance and the Institute for Fiscal Studies, the study was funded by the government's Economic and Social ... Read more...
The PM's Brexit deal could leave the economy as much as 5.5% smaller in a decade's time than it would be if the UK stayed in the EU, a study has said. And the cost to the public finances could be as much as 1.8% of GDP,... Read more...
The Brexit deal could leave the economy up to 5.5 per cent smaller in ten ... per cent, says the London School of Economics entre for Economic Performance, … ... Read more...
26 November 2018
Savings on the U.K.'s contributions to the EU budget would make up only a fraction of the potential damage to the economy, according to the joint paper by the Centre for Economic Performance and academic think tank The U... Read more...
The report, The economic consquences for the Brexit deal, was carried out by the Centre for Economic Performance at the London School of Economics, Kings College London and the Institute for Fiscal Studies (IFS). This co... Read more...
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
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
There is a “lack of self-awareness among lots of firms,” says John Van Reenen, professor of economics at the Massachusetts Institute of Technology. “Some think they are awesome. But they are ... Read more...
15 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...
09 July 2018
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
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
Last year, the government appointed Sir David Metcalf to a newly created post: director of labour market enforcement. He published his first strategy last week, devoting a page to Leicester’s garment sec... Read more...
17 May 2018
Sir David Metcalf was appointed in January 2017 to provide oversight and set strategic priorities for the government's three labour market enforcement agencies: the national minimum wage (NMW) enforcement ... Read more...
15 May 2018
In 2015, a study by Guy Michaels and George Graetz (https://voxeu.org/article/robots-productivity-and-jobs) looked at the impact of robots in manufacturing, agriculture and utilities across 17 countries. They ... Read more...
14 May 2018
Companies whose suppliers fail to pay the minimum wage or curb holiday pay could be named and shamed under a new regime proposed by the government’s workers’ rights tsar. In his first annual full s... Read more...
09 May 2018
Firms which exploit staff could face higher financial penalties and increased risk of prosecution under recommendations to the government. A report by a government-backed body has made 37 recommendations in... Read more...
08 May 2018
Professor Alan Manning (CEP/LSE) gave evidence to the Home Affairs Parliamentary Committee regarding the post-Brexit migration policy. ... Read more...
18 April 2018
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
British businesses want unrestricted access to European workers to continue after Brexit, describing them as better qualified and more motivated than their UK counterparts. The findings came in an interim repo... Read more...
27 March 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
The share of start-ups in employment in the United States has been declining since 1980. This is in line with that of David Autor and his coauthors on the rise of superstars, David Autor, David Dorn, Lawrence ... Read more...
24 February 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
"Migrants are more likely, on average, to be self-employed and to start up companies." Max Nathan of CEP's Urban Programme interviewed for the documentary made by Wired in partnership with the Mu... Read more...
31 January 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 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...
22 January 2018
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...
Fortunately, in an age when data is king, there are increasing amounts of facts and figures to illustrate the problem. A paper published earlier this year by the Massachusetts Institute of Technology'... Read more...
27 December 2017
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
The 2017 Annual Public Lecture took place at the Royal Institution, London on 22 November 2017. In this lecture Professor Stephen Machin discusses the importance of economic incentives as a determinant of crime, what eco... Read more...
06 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. Place-based policies that target disadvantaged areas are widespread in b... Read more...
01 December 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
Sie hat zur Folge, dass der Anteil der Arbeitseinkommen am Gesamtprodukt schrumpft und die Ungleichheit zunimmt. Die Grafik unten zeigt für ausgewählte Länder, wie der Anteil der Arbeitseinkomme... Read more...
30 October 2017
The standard metric of monopoly power is the concentration ratio, or the share of the market accruing to the top four (or 20) firms. In a 2017 paper, MIT’s David Autor, Christina Patterson, and John Van ... Read more...
26 October 2017
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 John Van Reenen. When people discuss what drives long-run productivity, they usually focus on technical change. But productivity is about more than robots, new drugs and self-driving vehicles.... 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
Another summary is offered in the introduction to this report Bucking the Trend (Jo Blanden, 2006) "A prime motivation behind the Government’s child poverty reduction strategy is the belief that gro... Read more...
12 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
But why is IT leading to winner-take-all competition? Bessen’s paper can’t answer that, however he raises two possibilities. It could be because “software development typically requires large... Read more...
"There have always been, but the increase in numbers seems to have started about 30 years ago," says MIT researcher John Michael Van Reenen, one of the proponents of this theory and co-author of the ... Read more...
29 September 2017
Recently, a lot of attention has focused on the idea that monopoly power might be causing the shift. But the famous paper that draws this connection — by David Autor, David Dorn, Lawrence Katz, Christina... Read more...
25 September 2017
NFU Scotland warns that this will only "get worse year on year" for Scotland's soft fruit and vegetable sectors. The pre and post Brexit employment needs of Scotland’s fast-growing horticul... Read more...
22 September 2017
Article by Philippe Aghion and Benedicte Berner The French government has just announced the guidelines for a new labour code, its first major reform to boost France’s economy by giving more flexibili... Read more...
19 September 2017
In a well-functioning economy, workers are rewarded for their productivity. As output, jobs and hours worked rise, so does income. Over the past two years, that seems to be exactly what’s happening. T... Read more...
18 September 2017
17 September 2017
In a well-functioning economy, workers are rewarded for their productivity. As output, jobs and hours worked rise, so does income. Over the past two years, that seems to be exactly what’s happening. The ... Read more...
15 September 2017
Indeed, a recent study by Richard Layard at the London School of Economics suggests that emotional wellbeing in childhood is more important to an adult’s satisfaction levels than academic success or weal... Read more...
12 September 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
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
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
There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest ... 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
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
Private sector workers too have seen a significant drop in real term wages in recent years, with an LSE study estimating an effective 10% decrease since the financial crisis to 2015. ... Read more...
07 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
New research suggests that too little competition deters investment Concentration may also hurt workers. Recent research by David Autor of MIT and four co-authors finds that “superstar” firms pa... Read more...
31 July 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
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...
28 July 2017
27 July 2017
The digital economy is exacerbating the capital-labour disparity in global markets. A new competition authority with global remit is needed to reset the balance And, as the economists David Autor, David Dor... Read more...
20 July 2017
Article by Thomas Sampson: The most welcome aspect of the government’s policy paper on future customs arrangements is its acknowledgement of the desirability of a transition agreement after the UK leaves... Read more...
19 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
Article by John Van Reenen with Christina Patterson Perhaps the cause is the "robbery-Apocalypse Now," that companies are replacing expensive people with cheaper machines. We suggest another... Read more...
26 June 2017
In a recent working paper presented by MIT, John Van Reenen and his co-authors document a clear global trend towards the fall in the share of income from Labour in total income. ... Read more...
23 June 2017
In the days since the fire, Grenfell Tower has been held up as a tragic symbol of the social ills facing Britain: a detached political class; nearly seven years of a government-led austerity program that has s... Read more...
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
Theresa May and the Tories’ ‘wage pain’ is leaving millions of people struggling to make ends meet warned Britain’s largest union, Unite as official figures out today (Wednesday 14 June... Read more...
14 June 2017
A new paper – by David Dorn of the University of Zurich, Lawrence Katz of Harvard University, and David Autor, Christina Patterson, and John Van Reenen of the Massachusetts Institute of Technology &ndash... Read more...
06 June 2017
According to a London School of Economics (LSE) paper, Brits were the worst off when it came to their real wages, with pay falling by more than five percent between 2007 and 2015. Researchers for the presti... Read more...
05 June 2017
The UK has suffered the biggest drop in average real wages of any OECD country except depression-wracked Greece, according to a pre-general election analysis published by the London School of Economi... Read more...
Article by Claudia Olivetti and Barbara Petrongolo. Family-oriented policies – such as parental leave, childcare support, and flexible work arrangements – are in place in all high-income countries,... Read more...
03 June 2017
Bank of England Monetary Policy Committee claims that nominal wage growth will return close to 4% by 2019 are "rather implausible and over-optimistic", according to two respected academics at the Cen... Read more...
30 May 2017
The parties all recognised funding shortfalls, rising costs, demographic pressures, increased expectations, and changes in health technology and medical practice, the London School of Economics Centre for Econ... Read more...
25 May 2017
As the economists David Autor, David Dorn, Lawrence F. Katz, Christina Patterson, and John Van Reenen show, the US industries with the fastest-growing market concentration have also seen the largest drop in la... Read more...
24 May 2017
Higher price inflation as a result of sterling’s depreciation following the vote to leave the EU, coupled with nominal wage growth stuck at a norm of 2% a year, means that once again the UK faces falling... Read more...
22 May 2017
Today’s superstar companies owe their privileged position to digital technology’s network effects, whereby a product becomes even more desirable as more people use it. And although software plat... Read more...
Article by John Van Reenen and Christina Patterson In most countries, labor’s share of the national income has declined for about three decades. Why? Maybe the cause is “Robocalypse Now”&m... Read more...
21 May 2017
As the economists David Autor, David Dorn, Lawrence F. Katz, Christina Patterson and John Van Reenen show, the US industries with the fastest-growing market concentration have also seen the largest drop in lab... Read more...
18 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
One reason for the weakness of earnings growth is the ferocious squeeze on public sector pay, which – stripped of bonus payments – is rising at just 1.3% a year. A second factor is that employers a... Read more...
New research shows that the rise of ever-larger firms means that workers are getting a shrinking slice of a slower-growing economic pie. Increasingly, labor accounts for less and less of GDP in most co... Read more...
11 May 2017
Article by John Van Reenen and Christina Patterson In America, labor’s share has been on the decline for about three decades, and it has accelerated since the turn of the century. The fall has al... Read more...
Article by John Van Reenen. Managers are more frequently the butt of jokes from TV shows like “The Office” to “Horrible Bosses,” than seen as drivers of growth. But maybe things ar... Read more...
09 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
… Labor economists of the United Kingdom, as well as co-author of both Richard Layard that Steven Nickell, we need the introduction of the NAIRU in 1986. Related publications Combatting Unemployme... Read more...
16 March 2017
From manufacturing to retailing, giant companies have managed to gobble up a larger and larger share of the market. While such concentration has resulted in enormous profits for investors and owners of behemot... Read more...
08 March 2017
By checking on people at random times of the day via an app, Alex Bryson and George MacKerron uncover the misery of work. Related links Alex Bryson, CEP Alumni, Labour Markets Programme. ... Read more...
08 February 2017
Professor Alan Manning of the London School of Economics, told newspaper Aftenposten in January that the Migration Advisory Committee he ... ... Read more...
02 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...
Britain’s manufacturing heritage is told through faded photos of workers on assembly lines, or operating basic tools. But that was the 1970s, and in the 21st century, a factory has a lot more robots. Usi... Read more...
26 January 2017
A multitude of studies weaken the prophecy of universal income advocates: that of researchers Georg Graetz and Guy Michaels (2015) , who found, by analyzing seventeen countries over fifteen years, the robot ha... Read more...
In a new paper called “Is Modern Technology Responsible for Jobless Recoveries?,” economists George Graetz and Guy Michaels looked at 17 different developed countries, from 1970 through 2011. The t... Read more...
23 January 2017
Most rich countries hire back workers after a recession. The U.S. replaces them with machines Economists have recently discovered that it’s middle-skill routine jobs -- think of cashiers, telemarketer... Read more...
Evidence published in 2015 by Michaels and Graetz from a dataset of companies in 17 countries gathered between 1993 and 2007, suggests that while productivity increases with robotic innovation and some semi-sk... Read more...
16 January 2017
Using national level data on worldwide robot shipments across 17 countries, George Graetz and Guy Michaels show that robots may have been responsible for about a tenth of the increases in those countries&rsquo... Read more...
11 January 2017
A nasty mix of neoliberalism and the Tories’ austerity policies are having appalling effects on our children’s health and welfare And so we come to the present day, with a 10-year anniversary pr... Read more...
10 January 2017
"It is simply not the case that immigrants are taking jobs from those who already live in the country" Professor Alan Manning denied that immigrants take jobs. If it were so, wouldn't Ca... 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
The minimum wage tsar is more interesting than the government would have you believe. The biography, as released by Whitehall, of Professor Sir David Metcalf, who has been appointed as the first director of la... Read more...
Sir David, who was chairman of the Migration Advisory Committee until August 2016, will set the strategic priorities for the: Gangmasters and Labour Abuse Authority Employment Agency Standards Inspecto... Read more...
Employers who deny workers the minimum wage could face two years in jail under plans to accelerate a crackdown on unscrupulous companies and gangmasters. The government will appoint a “labour marke... Read more...
Slower economic growth also predicted to deter new migrants Question: ‘What do you think will happen to immigration?’ Stephen Machin, professor of economics, London School of Economics ... Read more...
02 January 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...
So, the White House cites a study of 2015 by George Graetz and Guy Michaels made in 17 countries, that concluded that the robots helped to increase the wealth of those countries by 0.4% between 1993 ... Read more...
30 December 2016
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
We have seen signs that the companies which manage to exploit the robots and the Internet of Things (IoT) in their production machinery can compete with factories in the distant economies. This trend is furthe... Read more...
23 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...
In fact the industry 4.0 represents a great opportunity for our manufacturing and for once never catches us completely off-guard. According to a recent study carried out by economists George Graetz and Guy Mic... Read more...
02 December 2016
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 of the... Read more...
Professor Manning appointed for a 3 year term. Professor Manning has been appointed for a 3 year term following a rigorous recruitment process regulated by the Commissioner for Public Appointments. Home ... Read more...
16 November 2016
Given the increased usage of robotics and other automation, how will that impact the productivity numbers? In July of 2015, Georg Graetz and Guy Michaels published a paper, “Estimating the Impact of Robo... Read more...
07 November 2016
Article sources a figure from 'Guessing game: Actual job losses due to robots may not be as bad as anticipated for most countries' (Source: George Graetz and Guy Michaels, “Robots at Work”.... Read more...
27 October 2016
Article by Barbara Petrongolo In the wake of Britains vote to leave the EU, the big debate has switched to what relationship the two should have post-Brexit. Top of the agenda is access to the single market and freedom ... Read more...
18 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...
New arrivals flock to the occupations and industries in which existing immigrants work, argues Barbara Petrongolo. Most economists would argue that there is not much of a trade-off involved in this choice. Th... Read more...
Part 2/6 from six impossible ideas (after Brexit) Many people think that migrants take jobs away from citizens, reduce wages or both. But you may also have heard the argument that immigrants benefit the economy because ... Read more...
17 October 2016
This article was based on the research of Luis Garicano and Thomas N. Hubbard. Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left ... Read more...
16 October 2016
Caller mentions research by the Centre for Economic Performance at around 01:11:05 Caller: ... not in many cases a cynical attempt on the part of employers to simply cheat workers by paying them the lowest wages that th... Read more...
09 October 2016
Many government ministers have suggested that immigration is an obstacle to natives getting jobs. Jonathan Wadsworth takes up the home secretary's challenge to talk about immigration and how it may affect young people's ... Read more...
07 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
In a briefing sent afterwards, it was made clear that other measures to be considered would be, ''whether employers should have to set out the steps they have taken to foster a pool of local candidates, set out the impac... Read more...
05 October 2016
Academic studies also find little link between migration and unemployment. Economists from the Centre for Economic Performance at the London School of Economics say that when they look at the areas with the largest incre... Read more...
I am one of those people who, as she anticipated, have a bit of a problem with something Mrs May said about immigration: If you're one of those people who lost their job, who stayed in work but on reduced ... Read more...
Economists see little to link migration and unemployment There is little evidence that migrants have displaced British workers from jobs. Indeed, the employment rate for UK nationals is now 74.6 per cent, the highest si... Read more...
Article includes nine charts to help provide an answer to 'And what is the real impact of immigrants on the rest of the workforce and the wider economy?' including: Jonathan Wadsworth a researcher at the London School ... Read more...
A study by the London School of Economics published earlier this year found that EU immigration had no negative impact on British wages, jobs or public services. That research echoed the findings of countless other studi... Read more...
Truth and myth about the effects of openness to trade In other rich countries, regions or industries with heavy exposure to Chinese imports also suffered material losses in factory jobs. A study of Spain's jobs market b... Read more...
01 October 2016
3. Immigrants have not depressed the wages of UK workers A report by the London School of Economics this year showed that there was no correlation between an increase in immigration and the recent dip in wages. While ... Read more...
28 September 2016
In today's interview, we sat down with Alan Manning, Professor of Labour Economics at the London School of Economics. He is a leading author in his field, particularly in understanding the imperfections of labour markets... Read more...
27 September 2016
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
The average cost of full-time childcare across the UK for a child under the age of two is £217.57 a week. Part-time care (25 hours, as opposed to the full 50) costs £116.77 a week. Assuming both parents work ... Read more...
23 August 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
The likely Locus of search robots and packaging of 25 thousand square meter warehouse helps to increase the productivity of the warehouse up to 800 percent. A previous study of Georg Graetz scientists and Guy Michaels (... Read more...
16 August 2016
New initiatives planned to end 'unacceptable and unlawful' discrimination against working women Employers are being told to do more to help mothers breastfeed their babies at work, as part of the government's latest i... Read more...
15 August 2016
Davvero i robot ci ruberanno il lavoro? A che cosa serve davvero l'automazione? Tutte queste predicazioni hanno in comune di invitare i popoli ad abbandonare qualsiasi progetto di poter in qualche modo essere protagonist... Read more...
12 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
Working mothers in low-skilled jobs are being forced to either considerably reduce their hours or give up work altogether after having a second child, according to a wide-ranging study that suggests lack of access to chi... Read more...
08 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 Brian Bell and John Van Reenen Lacklustre growth seems to be the new normal almost everywhere in the world except for one area - CEO pay. This column uses data on UK publicly listed firms to examine whether ... Read more...
05 August 2016
John Van Reenen was disappointed but not surprised by the UK's vote to Leave the EU. Whilst his own research predicts serious economic and political damage in the case of Brexit, he thought a Leave vote was a real possib... Read more...
02 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
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
And if income inequality were not related to our kind, our ethnicity or our level of education, but rather to our workplace? Some employers pay better than others. And the gap between those who pay well and those who pay... Read more...
21 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
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...
Article by Monica Langella and Alan Manning This article reports the result of an exercise in which the vote share for Leave in the 380 areas of England, Wales and Scotland are regressed on a variety of area characteris... Read more...
07 July 2016
Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left and to ''make America great again'' from the right. But the wage gap separating ... Read more...
05 July 2016
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...
''IMMIGRATION, immigration, immigration'', shouted a headline in the Sun, a right-wing tabloid newspaper, the week that Britain voted to leave the European Union. It followed weeks of campaigning from the Leave side assu... Read more...
27 June 2016
Last night, as it became clear that Britain had voted to exit the European Union, Google Trends reported a 250 percent spike in searches for ''what happens if we leave the EU?'' Markets are crashing around the world, Pr... Read more...
24 June 2016
Economists care a great deal about the minimum wage because it is a policy prescription that increasingly affects a large portion of the workforce and because it is a clear case of government intervention, imposing a flo... Read more...
09 June 2016
In keeping with the fishy origins, it seems "kippers" are on the rise. Kippers? Yes, you heard it correctly. Some wag has come up with Kids In Parents Pockets Eroding Retirement Savings. It's eve... Read more...
26 May 2016
Article by Marco Manacorda and Andrea Tesei Digital technologies have been widely used for political activism in recent years, including during the Arab Spring, the Occupy Wall Street movement, and the Indignados mo... Read more...
22 May 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
The Brexiteers' economic case has taken a real kicking in the last few weeks. The International Monetary Fund, the Treasury, the OECD, the London School of Economics and President Barack Obama have all put the boot in. ... Read more...
28 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
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...
British finance minister George Osborne said on Monday that a vote to leave the European Union could cost each household 4,300 pounds ($6,100) a year by the early 2030s. Following is a look at how he reached this conc... Read more...
18 April 2016
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
The frustrating thing is that politicians seem quite happy to ignore evidence - even when they have helped to support the researchers who produced it. For example, when the chancellor George Osborne announced in his bud... Read more...
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
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...
08 April 2016
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
Weekly recommendations include: On the LSE Business Review blog, work by Nguyen and Van Reenen using an RDD to show that tax credits increased R&D spending and innovation among SMEs in the UK. The item was published by... Read more...
18 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...
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...
'We are required to help refugees despite costs' De opvang van de vluchtelingen zal de Europese welvaartsstaten niet onder druk zetten. Dat stellen twee topprofessoren in het onderzoek naar migratie, Klaus Zimmermann en... Read more...
15 March 2016
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...
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
Mention of 2014 CEP research on immigration and the labour market. The programme was broadcast by Sky News on March 11, 2016 Link to broadcast here Related Publications Immigration, the European Union and the UK La... Read more...
11 March 2016
Recently, Zack Cooper, Stuart Craig, Martin Gaynor, and John Van Reenen released a landmark study on national private health care price variation that was completely at odds with Medicare data on health care spending. T... Read more...
10 March 2016
With both campaigns heating up ahead of June's referendum on EU membership, Reuters Jacob Greaves has spoken to a leading economist - CEP's Thomas Sampson - about the truth behind some political claims. This video i... Read more...
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
Source: London School of Economics and Political Science Country: World Abstract Does economic activity relocate away from areas that are at high risk of recurring shocks? We examine this question in the context of floo... Read more...
03 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
In the period 1993-2007, manufacturing employment in this country fell by around 55%, while the use of robots rose by around 80%. By contrast, Germany’s deployment of robots rose by around 165% and its m... Read more...
15 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
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...
21 January 2016
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
The Treasury's top civil servant, Sir Nicholas Macpherson, is set to stand down in April, having led the Government department for over a decade. George Osborne, the Chancellor, said he would ''miss'' Sir Nicholas, 56,... Read more...
04 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
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...
18 December 2015
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...
Article by Nicholas Bloom, Raffaella Sadun, Daniela Scur and John Van Reenen There is a long history of debate within business, policy, and economic literature regarding whether firms can improve their performance by tr... 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
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...
15 December 2015
Robots at work is a study by Georg Graetz of the University of Uppsala in Sweden and Guy Michaels at the London School of Economics that analyzes statistics from 1993 until 2007 of 14 industries in 17 developed countries... 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
In order of importance, it can be compared with the steam machine's breakthrough in the beginnings of industrialisation, according to Department of Economics Researcher George Graetz at Uppsala University. This article ... Read more...
16 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
The UK government's new Infrastructure Commission, unveiled at the Conservative Party Conference today (Monday 5 October), was one of the key recommendations of the LSE Growth Commission, which reported in the autumn of ... Read more...
05 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
However, other studies show that the influx of immigrants has negative effects on the median salary (but not on employment) natives working in low-skilled sectors such as the building and public works, so on the remunera... Read more...
14 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...
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
Leading economists have warned that Jeremy Corbyn's economic policies are 'likely to be highly damaging' and renationalising industry could actually 'make things worse'. In the new letter to the Financial Times, the aut... Read more...
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...
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity and employment in a variety of countries between 1993 and 2007 to see if the trepidation about the increased u... 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
More evidence of the success of the academy schools programme was published yesterday. A new paper by Andrew Eyles and Stephen Machin at the Centre for Economic Performance at the LSE finds that ''the first round of acad... Read more...
14 August 2015
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...
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 new paper from London's Center for Economic Research [sic] George Graetz, of Uppsala University, and Guy Michaels, of London School of Economics found that industrial robots have actually driven labor productivity a... Read more...
13 August 2015
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...
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...
Article by John Van Reenen Yesterday, George Osborne delivered the new government's first budget in which he surprised many by hiking the minimum wage significantly. John Van Reenen reviews the measures introduced, wr... Read more...
Infrastructure is the nearest thing in modern politics to motherhood and apple pie. Everybody, on left and right, can agree that more and better infrastructure is what Britain needs. Unfortunately it is also the thing th... Read more...
28 June 2015
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...
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...
A paper by Uppsala University and the London School of Economics in February revealed that industrial robots do increase labor productivity and raise a country's average growth rate by 0.37 percentage points. The ar... 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...
The study 'Robots at Work' (Robots at work), published in February 2015 analyzes the impact of the growing automation in the economic development of 17 countries. Its authors Georg Graetz of the University of Uppsala and... Read more...
21 June 2015
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...
Humans and robots: together unbeatable The current study ''Robots at Work'' by Graetz and Michaels (Uppsala University and London School of Economics), which examines the impact of increasing automation on the economic ... Read more...
13 June 2015
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
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...
Marco Manacorda filmed giving a talk at the Festival of Economics on Trento. There is abundant anecdotal evidence but poor empirical evidence of the benefits enjoyed by the relatives of politicians in the labor market. ... 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...
Having a politician relative adds an average of 500 euros a year to one's salary, according to a new study by two Italian economists. This is equal to a 3 percent increase in an average paycheck. In comparison, every a... 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
Growth, trade, immigration, jobs, diplomacy: what would the impact be if a 2017 referendum pushed UK towards the exit? ...Another analysis by economists at the Centre for Economic Performance (CEP), part of the London Sc... Read more...
14 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
CEP Director Professor John Van Reenen reveals the economic policy he would put in his election manifesto. The interview was recorded for Share Radio on 28 April 2015 Link to the interview here Related links John... Read more...
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 Maria Goddard, Anand Menon, Christine Merrell, Claudia Hupkau, Hilary Steedman, Ian Preston, Jonathan Perraton and Steve Higgins Welcome to The Conversation's Manifesto Check, where academics subject each par... Read more...
13 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...
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
Article by Georg Graetz and Guy Michaels Robots' capacity for autonomous movement and their ability to perform an expanding set of tasks have captured writers' imaginations for almost a century. Recently robots have eme... Read more...
18 March 2015
The story of the first coalition government in Britain since the second world war is the story of austerity and thwarted deficit reduction plans. It is the story of a delayed economic recovery. It is the story of falling... Read more...
15 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
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
According to opinion polls, immigration has emerged as a key issue for voters - ahead of the National Health Service, the economy, unemployment and crime - in the run-up to a closely-fought general elections this May. ... Read more...
26 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
Alan Manning, an economist at the London School of Economics, takes issue with the assertion that economic trends observed in the US are caused by technological unemployment. While he agrees US data shows rising producti... Read more...
09 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
Letter from Professor Richard Layard Sir, John Hutton and Alan Milburn are quite right (''Defend Labour's economic record - the facts are on our side'', Comment, January 28): the fiscal record of the last Labour govern... Read more...
Der Mindestlohn in GroВbritannien Alan Manning interviewed and Centre for Economic Performance (CEP) research on the minimum wage mentioned in an issue produced by the German government about the introduction of the mi... Read more...
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...
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...
28 January 2015
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
Economist Stephen Machin, a professor at University College London said: ''Creating jobs with decent pay as innovative technologies evolve is a challenge given the UK's traditional difficulties in generating good jobs fo... Read more...
20 January 2015
The middle-class share of the U.S. wealth pie roughly doubled between the Great Depression and the early 1980s. But since then, the middle-class share has shrunk back to its lowest level since 1947, according to a study ... Read more...
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
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
Britain will not run out of scope to create jobs in 2015 and will therefore not reach full employment, a slender majority of economists believe. But the number of people in work is likely to rise and unemployment will fa... Read more...
01 January 2015
Blog article posted by John Van Reenen George Osborne's Autumn Statement was a reminder of the government's missed targets and missed opportunities, writes John Van Reenen. The Chancellor's promise to eliminate the stru... Read more...
03 December 2014
Another 1m public sector jobs are expected to be lost over the next five years as part of the latest squeeze on the public finances. ... Adjusted for inflation, wages have fallen by about a 10th since the financial crisi... Read more...
The chancellor of the exchequer, George Osborne, has delivered the financial package he hopes will convince voters to deliver a Conservative majority in May 2015. Here, a team of academic experts [that includes the Centr... Read more...
The United Kingdom has discovered that its Information Economy industries could be 42 per cent larger than current estimates, with at least 70,000 extra ICT-producing companies recently captured in a recent data find ope... Read more...
28 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
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
Is there a future for industry in Europe and North America? Giorgio Barba Navaretti and Gianmarco Ottaviano use the example of the newly merged transatlantic car-maker Fiat Chrysler to debunk a number of myths about the ... Read more...
20 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
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
New homes should be built on golf courses in an attempt to solve the housing crisis, Vince Cable has suggested. ... Dr Cable was responding to a study by the London School of Economics which suggested that more of Surrey... Read more...
08 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
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
History teaches us that labour markets are able to recover from the changes wrought upon them by technological change, said Alan Manning, professor of economics at the London School of Economics. ''If I take an historica... Read more...
18 August 2014
Indem sie ihren Kindern finanziell unter die Arme greifen, haben die Eltern auch unabsichtlich den offentlichen Druck entscharft, die Beschäftigungs-und Renten so zu andern, dass ihre Kinder einen leichteren Start ins B... Read more...
On average, local health authorities across England spent 10 percent of their annual budgets on mental health services during 2013/14, despite research from the London School of Economics that shows that it accounted for... Read more...
25 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
But globally we desperately need to see new investment flowing into dementia research. ''We know from detailed analysis done by the London School of Economics that there is an impelling case both for economic and social ... Read more...
19 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
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
The problem of Spain: No deterrent for fiscal offences without imprisonment for perpetrators ... Luis Garicano, con su libro El dilema de Espana. Si los gobernantes no interiorizan que deben reformar las instituciones d... Read more...
03 May 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