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Big cities thrive because of the economic and social benefits of proximity – but proximity also helps to spread Covid-19. Does this mean an end to the big city revival of recent years? Much will depend o... Read more...
23 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
With evidence emerging that Covid-19 is increasing the divide in life chances between rich and poor. Steve Machin and Lee Elliot Major consider reform to avoid a decline in social mobility and e... Read more...
17 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
In India, the pandemic reportedly tripled the unemployment rate in just three weeks, and the vast majority of those newly unemployed worked were in the informal sector. The government respo... Read more...
What has happened to the prevalence and nature of domestic abuse during lockdown? Crime economists Ria Ivandic and Tom Kirchmaier collaborated with the Strategic Insights Unit (SIU)... 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
Ralf Martin and John Van Reenen explain how a carbon tax could both help pay for the enormous costs of the pandemic and encourage ‘clean’ investment. Crucially, it should be levied in a few years&r... Read more...
02 June 2020
The economic impact of coronavirus. Presented by Ben Chu (economics editor of The Independent) with Lizzy Burden (economics reporter of The Daily Telegraph). This episode features Miatta Fahnbulleh, chief e... Read more...
28 May 2020
A report on self-employed workers mentions the survey conducted by Jack Blundell and Professor Stephen Machin, of the London School of Economics’ Centre for Economic Performance, which showed self-e... Read more...
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
Even if COVID-19 infection rates dwindle, it is now clear that the economy is unlikely to bounce back quickly. This raises the spectre of long-term unemployment. Richard Layard (LSE) explains how the... Read more...
21 May 2020
With our sizeable state and private sector, the question is more whether the state will be a bit bigger or a bit smaller, writes Alan Manning. ... Read more...
20 May 2020
Countries with existing cash-transfer programs can immediately broaden eligibility and increase the size of the benefit. India is doing just that, according to LSE Professor Swati Dhingra. Given the scale of t... Read more...
19 May 2020
There's an opportunity to build a new social contract, tackle inequality, foster innovation and adopt a long-term industrial strategy, write Sam Unsworth and Anna Valero. ... Read more...
18 May 2020
Jo Blanden and Birgitta Rabe discuss the decision to send the youngest students back to school this summer. They explain why doing so may be important for children’s education and wellbein... Read more...
15 May 2020
But the short-term productivity hit of a workforce partly hamstrung by childcare, could be dwarfed by the longer-run economic blow to the children missing school and the wider economy, according to education e... Read more...
14 May 2020
The UK chancellor, Rishi Sunak, has now implemented two-thirds of the reform programme outlined by Richard Layard (“How to save pandemic survivors from the scourge of unemployment”, Opinion, May 9)... Read more...
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
Discussing the potential effects of COVID-19 on housing, Paul Cheshire and Christian Hilber write that real house prices and rents may initially fall. Yet housing will remain unaffordable f... Read more...
06 May 2020
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
Monica Langella discusses some potential negative effects of the pandemic on higher education, particularly those pertaining to online assessment, university offers, and labour market outcomes. She o... Read more...
30 April 2020
More than 50 northern MPs and peers have called for a ‘catch-up premium’ for poorer pupils Lee Elliot Major, professor of social mobility at the University of Exeter, and Stephen Machin, professor ... Read more...
29 April 2020
Trade recovered quickly after 2008 because the collapse wasn't long enough for firms to dismantle their portfolios, writes Giordano Mion. ... Read more...
How hoax information on social media about covid-19 might be worsening the pandemic. ... Read more...
24 April 2020
This report sets out a framework which brings together economic, health, and social factors through a ‘common currency’ of wellbeing measurement, as a way of informing a decision on when to lift lo... Read more...
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
The economic crisis caused by COVID-19 will play out unequally across areas. This column focuses on the UK and argues that, in the short run, we will need to target immediate support through existing mechanism... Read more...
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
To speculate usefully about the effects of the COVID-19 pandemic on Britain’s housing markets one needs a clear analytical understanding of how our housing markets work and what forces cause them to chan... 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 paper looks at the effects of changing teachers on children's GCSE grades. Published 2018. ... Read more...
This study on wellbeing finds that there is a large initial shock to becoming unemployed, and then as people stay unemployed over time their levels of life satisfaction remain low. Published 2017. ... Read more...
Research showing that when people are forced to change their behaviour, some find a better way of doing things. Published 2015. ... Read more...
An investigation of the determinants of trade collapse in Belgium in 2008-09. The paper highlights the extent to which firms factor in sunk costs. Published 2010. ... 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...
Published 2015, this paper takes household data to analyse links between unemployment, life-satisfaction and mental health. Finding evidence that mental illness is a significant cause of deprivation. ... Read more...
Job insecurity will dramatically affect educational outcomes for the families involved, writes Jenifer Ruiz-Valenzuela. ... Read more...
14 April 2020
John Van Reenen says success in restarting our economy depends on trust in the government, the quality of our health care, and our ability to monitor those with covid-19. ... Read more...
13 April 2020
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...
Steve Gibbons and Sandra McNally review research on the causal effects of school resources on secondary education. ... Read more...
This paper finds strong evidence supporting the theory that male and female unemployment rates have opposite effects on domestic violence against women. The results suggest higher unemployment for women increa... Read more...
Published February 2020, this paper finds evidence that the use of machine-learning can be an effective tool in assessing risk in domestic abuse cases, and so informing priorities for police response. ... Read more...
...... unless the government steps up and offers immediate funding support to training providers, says academic.Guglielmo Ventura, CEP research assistant, says the government should give a guarantee to every existing a... Read more...
07 April 2020
This CEP discussion paper, published in June 2017, provides evidence from survey data on USA, Australia, Britain and Indonesia which indicate the things that matter most to people’s life satisfaction are social relations... 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
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Professor Stephen Machin, director of CEP, helps explain how many workers are more vulnerable to the economic fallout from the coronavirus than the record-high employment figures suggest. "The last 12 ... Read more...
Older workers are more likely to be relatively secure with salaries and jobs which can be done from home during the lockdown. ... Read more...
03 April 2020
As schools prepare to replace exam results with predicted grades in response to lockdown, Gill Wyness questions the accuracy - and potential - of this approach. ... Read more...
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
If we handle the coronavirus crisis right, we can come out of it better than we went into it, says Richard Layard. ... Read more...
25 March 2020
Jan-Emmanuel De Neve considers the economic impact of Covid-19, and it's effects on work and wellbeing. ... Read more...
24 March 2020
A selection of comments from academics, journalists and other experts on the crisis facing many countries across Europe. ... Read more...
20 March 2020
Remote work works best if it’s by choice and not every day. Many people are being forced to work from home for the first time during the coronavirus outbreak. That could have negative impacts on our... Read more...
Anne McElvoy discusses economic futures with demographer Danny Dorling and economists Richard Davies and Petr Barton. ... Read more...
17 March 2020
While the 2020 Budget offers an overall adequate response to the challenges currently posed by coronavirus, there are three issues that need to be addressed further, especially as the outbreak becomes more wid... Read more...
12 March 2020
A no-deal Brexit means that Britain will revert to WTO rules to trade with the EU and the rest of the world. This means import duties and various controls on trade, which economists at LSE's Centre for Economic Performan... Read more...
12 September 2019
Dr Thomas Sampson explains what the immediate impacts of a no-deal will have on UK trade. Professor Thomas Sampson from @CEP_LSE explains what the immediate impacts of a #nodeal will have on UK trade.#Nodealexplain... Read more...
05 September 2019
Although the short-term impact of a no-deal Brexit could be relatively benign, leaving without a deal would prove costly in the long term, a new paper by the UK in a Changing Europe and the London School of Economics' Ce... Read more...
04 September 2019
QUEST: John Van Reenen is professor of economics at MIT, he says a no-deal Brexit is a battle for the soul of Britain. Why? JOHN VAN REENEN, PROFESSOR OF ECONOMICS, MIT: It's about the soul of Britain. I think today, Bo... Read more...
28 August 2019
A report commissioned by dairy giant Arla and published last year by the London School of Economics makes for sobering reading. In a press release accompanying the release of the report, the MD of the company that commis... Read more...
16 August 2019
3. Think that money gives happiness, but not always. The economist Richard Layard argued in his book Happiness: Lessons from a New Science, that a person should charge at least 20,000 gross euros a year to fee... Read more...
18 May 2018
Extreme polarisation is not persistent over time; people are more likely to react to specific events or news, writes Maria Molina-Domene. Social media facilitates communication and an appealing question i... Read more...
16 February 2018
Tứ Thiện Thái is known as the translator of classic works in the world Happiness - Lessons from a New Science (By Richard Layard): The concept of happiness in the past is very volum... Read more...
06 November 2017
Telford will be among the UK towns least-affected by a hard Brexit, a report claims – although economists today denied its suggestion that a lack of skills in the town will cushion the blow. Researche... Read more...
28 July 2017
London and Edinburgh also ranked in the top ten list compiled by researchers at the Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics. Related publications ... Read more...
27 July 2017
“There are bigger potential gains from doing a deal with Europe than with the UK on its own, just because Europe is a bigger market,” said Thomas Sampson, an economist at the Centre for Economic Pe... Read more...
11 July 2017
“There are bigger potential gains from doing a deal with Europe than with the U.K. on its own, just because Europe is a bigger market,” said Thomas Sampson, an economist at the Centre for Economic ... Read more...
At which point a little thumbnail sketch of what we're worried about in the US labour market. Traditionally the US has had very little long term unemployment. Sure, the general rate rose in recessions, fel... Read more...
07 July 2017
Article by Henry Overman The elections are barely behind us now, and we should keep asking the question, ‘What are the economic forces polarising the UK?’ A big part of the story concerns the ge... Read more...
09 June 2017
The need to give the North a boost was highlighted by a new study by the Centre for Economic Performance, part of the London School of Economics, which said the Government’s Northern Powerhouse project h... Read more...
03 June 2017
Britain’s tax laws are biased in favour of the self-employed and should be reformed to enable greater investment in people instead of buildings and machines, the LSE Growth Commission has said. This was ... Read more...
23 February 2017
Paul Cheshire, economist and emeritus professor of economic geography at the LSE, has been awarded a CBE for services to economics and housing. ... Read more...
04 January 2017
Professor Paul Charles Cheshire. Economist. For services to Economics and Housing. (London) Professor John Van Reenen. Economist. For services to Economics and Public Policy Making. (Abroad) ... Read more...
31 December 2016
Paul Cheshire, Emeritus Professor of Economic Geography, was awarded a CBE for Services to Economics and Housing. In 2004 Professor Cheshire won the Royal Economic Society's Prize for the best paper in ... Read more...
Five housing executives and a professor of economics and housing policy have been awarded medals in the New Year honours list. … Paul Cheshire, professor of economic geography at the London School of... Read more...
30 December 2016
Professor John Van Reenen, who predicted ahead of the referendum that Brexit would cost up to £1,700 per household per year, has been given an OBE for services to economics and public policy making. Othe... Read more...
Investors who strongly favour green energy make less thorough location searches, writes Yatang Lin Wind power is becoming an increasingly important part of the US energy mix, taking up more than four per cent of the tot... Read more...
19 April 2016
Hoboken, NJ - John Wiley and Sons, Inc., and the British Academy are pleased to announce the winners of the 2015 Wiley Prize in Economics and the Wiley Prize in Psychology The annual Wiley Prize in Economics, made in p... Read more...
29 October 2015
David Attenborough, Brian Cox, Paul Polman, Jeffrey Sachs and Arunabha Ghosh all sign letter calling for action by UN climate conference in December The international group of experts and CEOs back a new 'Global Apollo ... Read more...
16 September 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...
03 August 2015
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...
Bill Gates (co-founder of Microsoft) interviewed: ... Tens of billions of dollars should therefore be spent by governments on research and development in renewables over coming years, three times current levels, to iden... Read more...
25 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...
03 June 2015
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...