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John Van Reenen, a London School of Economics professor and former chair of Reeves’ council of economic advisers, estimates that annualised productivity growth is running at 1.6 per cent from the third quarter of 2... Read more...
20 August 2026
New measures of productivity published by John Van Reenen, Anna Valero and Niki Barbas show a "meaningful pickup" in productivity, as highlighted by Heather Stewart in her column. ... Read more...
17 August 2026
MIT's Simon Johnson sits down with fellow Nobel laureate economist Philippe Aghion to examine what ails Europe and how to revive its dynamism. ... Read more...
10 June 2026
Peter Lambert and Yannick Schindler's research into reasons for a fall in entry-level hiring, shows the drop off began after Covid and before AI, John Burn-Murdoch discusses their findings in his Data Points column. ... Read more...
29 May 2026
Philippe Aghion, Antonin Bergeaud and Luis Garicano argue that using purchasing power parity to compare US and European economies is misleading, saying that Europe does have a real productivity problem. ... Read more...
Philippe Aghion writes about how major geopolitical developments have forced Europeans to rethink how they will ensure their own prosperity, security and sovereignty. Arguing that policymakers must not take innovation fo... Read more...
10 December 2025
Richard Layard writes for The Observer on the necessity for the Labour government to make youth apprenticeships a priority. ... Read more...
09 November 2025
Congratulations to Anna Valero, distinguished policy fellow at LSE and director of CEP's growth programme, who has been appointed as industrial strategy adviser to the chancellor. Dr Valero, a growth and productivity ex... Read more...
23 October 2025
Congratulations to Philippe Aghion, professor at the College de France and INSEAD, and at the London School of Economics, who has been awarded the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nob... Read more...
13 October 2025
Congratulations to Dr Antonin Bergeaud who has been named the Best Young French Economist, 2025 by Le Monde and Le Cercle des Économists. The prize is awarded to a French economist under the age of 41 in recognit... Read more...
19 May 2025
The UKRI Economic and Social Research Council (ESRC) has awarded the Centre for Economic Performance (CEP) £9.2mn for its five-year programme of work from 2025. This renewed funding will enable CEP to co... Read more...
18 March 2025
John Van Reenen has spent his professional lifetime probing the weak spots of the UK economy. Now he is based in an office next to Reeves's at the Treasury, with his three fellow advisers. One Labour source says they str... Read more...
17 January 2025
Henry Overman OBE, professor of economic geography at LSE and CEP research director, has been appointed to the Industrial Strategy Advisory Council, it was announced today. Professor Overman is one of 16 members of the ... Read more...
17 December 2024
Places for vocational training should be funded in the same way as degrees and match demand from young learners, says Richard Layard. ... Read more...
26 October 2023
We tend to think of tragedies as a single terrible moment, rather than the result of multiple bad decisions. On this episode of Freakonomics, John Van Reenen, Amy Edmondson, Helen Fisher, Ed Galea, Gary Klein, David Ried... Read more...
11 October 2023
Working from home keeps employees happy, reduces pollution by cutting billions of commuting miles and supports millions of employees with care and disability challenges in work. Nick Bloom reviews the existing data on wo... Read more...
29 September 2023
Nick Bloom explores the forces driving the predicted increase in remote work over the coming decade. He outlines that working from home will benefit firms, employees and society. ... Read more...
29 August 2023
Congratulations to Saul Estrin, emeritus professor of managerial economics and strategy at LSE and associate in CEP’s growth programme, who has been elected as a new Fellow of the British Academy. He is amon... Read more...
27 July 2023
Ralf Martin investigates whether consumers' environmental convictions will fade when confronted with higher prices, showing that consumers seem to prefer environmentally conscious choices, and indicating that changing at... Read more...
06 July 2023
John Van Reenen and Nick Bloom's study of management practices suggests that more than half of the productivity gap between Britain and the US is due to poor management. ... Read more...
31 January 2023
Working from home accounted for only 5% of all workdays before the pandemic. But now it’s common to find many employees working from home at least part of the week. As of December 2022, almost 30% of paid workdays ... Read more...
22 December 2022
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 UK has spent years in hock to a failed economic orthodoxy. Now the consequences are coming to a head—all at the same time, Will Hutton writes. ... Read more...
08 September 2022
High energy prices are causing problems, as are the consequences of the Covid pandemic and the effects of Brexit. But research by the Resolution Foundation and the Center for Economic Performance suggests the causes of t... Read more...
15 July 2022
Britain’s departure from the EU has damaged its competitiveness and will cut productivity and wages over the next ten years. Instead of the expected effect of narrowly reducing exports to the EU, Brexit has “... Read more...
22 June 2022
Thomas Sampson, an associate professor of economics at the London School of Economics who has modelled the effects of Brexit on UK trade, said there was no economic basis for the assertion that cutting EU regulation woul... Read more...
Swati Dhingra has been appointed to the Bank of England’s Monetary Policy Committee (MPC) by chancellor Rishi Sunak. The MPC is responsible for deciding what monetary policy action the Bank of England will take to... Read more...
12 May 2022
Mental illness accounts for over 40 per cent of all sickness absence - reducing productivity at work. Richard Layard explains how this highlights the need for wellbeing provision in management practice. ... Read more...
11 May 2022
To understand what is happening to inequality between people we need to understand the behaviour of, and inequality between, firms. Papers published last month as part of the IFS Deaton Review of inequality in work, led ... Read more...
25 April 2022
Jonathan Haskel and Stian Westlake argue that capitalism can be revitalised by promoting ‘further investment’ in what they call ‘intangible capital’. ... Read more...
11 April 2022
Jonathan Haskel and Stain Westlake explain why the UK government's focus on funding overlooks many levers for innovation policy. ... Read more...
30 March 2022
John Van Reenen shows that well-managed firms make better forecasts - and the traits of those well-managed companies might come as a surprise. ... Read more...
02 February 2022
Joint research from the Centre for Economic Performance and the Resolution Foundation suggests that financial officers expect the amount of workers moving from shrinking to growing companies will spe... Read more...
20 November 2021
Findings from the Resolution Foundation and the Centre for Economic Performance challenge the government’s view that levelling up poorly performing companies or poorer regions will raise productivit... Read more...
15 November 2021
The Resolution Foundation and Centre for Economic Performance of the London School of Economics launch an important inquiry, analysing how the country must grapple with recovery from Covid-19, the af... Read more...
31 May 2021
The UK is facing a ‘decisive decade’ of change as five seismic economic shifts – the Covid aftermath, Brexit, the Net Zero transition, an older population and rapid technological change - com... Read more...
18 May 2021
Research by Capucine Riom and Anna Valero finds the Covid-19 pandemic has forced businesses to adopt new technologies and ways of working that will increase the breadth of economic productivity. ... Read more...
08 February 2021
More than 900,000 small businesses are at risk of going under, according to research from Peter Lambert and John Van Reenen, and backed by former Prime Minister Gordon Brown. ... Read more...
27 January 2021
Research by Peter Lambert and John Van Reenen warns around 900,000 small firms – employing 2.5 million workers – are at risk of going bust if Covid-19 rescue schemes are wound up. ... Read more...
Gordon Brown has called for emergency measures to support businesses in the budget after new research by Peter Lambert and John Van Reenen warned almost 1m UK companies were at risk of failure in the next thre... Read more...
Swati Dhingra examines a decade of high-quality farmer-buyer data from Kenya during a period when it introduced radical farm laws to encourage agri-businesses to determine impacts on small farmers. ... Read more...
15 January 2021
A multi-million-pound research programme to help boost UK productivity is to be led by Professor John Van Reenen, associate and former director of the Centre for Economic Performance. The Programme on Innov... Read more...
21 August 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
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
School closures during the coronavirus lockdown could leave disadvantaged children six months behind their peers, researchers find. ... Read more...
29 April 2020
This paper looks at the effects of changing teachers on children's GCSE grades. Published 2018. ... Read more...
17 April 2020
Steve Gibbons and Sandra McNally review research on the causal effects of school resources on secondary education. ... Read more...
08 April 2020
Yet, as it turns out, this economic theory might not hold. A new working paper by Enrico Moretti, John Van Reenen, , Claudia Steinwender, from the economics departments of the University of California, Berkeley and MIT,... Read more...
02 December 2019
Political forecasting is a thankless task, especially so in today's Britain. Even still, it's worth looking at what may improve a particular party's chances in the 12 December election. One factor ... Read more...
05 November 2019
Harvard Business School professor Raffaella Sadun and her colleagues have studied more than 12,000 companies and found that organizations that do the basic, boring work of managing - documenting processes, setting clear ... Read more...
Thomas Sampson If Brexit is a divorce, then Northern Ireland is a child at the centre of a messy custody fight. The new Brexit deal seeks to solve the Irish border problem through joint custody. Whether Northern Ireland... Read more...
26 October 2019
Another widely cited study - by Georg Graetz at Uppsala University and Guy Michaels of the London School of Economics - also uses the IFR data but a different methodology, and shows that industrial robots increase produc... 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
Meanwhile, some studies suggest that research productivity is slowing down, so that it takes more scientists to glean each new insight across a variety of fields. Fighting this slowdown is a worthy goal, but a difficult... Read more...
03 October 2019
A new data set helps address the lack of innovation data able to capture firms' internal mechanisms and behaviours, write Max Nathan and Anna Cecilia Rosso. What Works Well Centre for Economic Growth... Read more...
02 October 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
2019 winner: Sara Signorelli (Paris School of Economics) Do skilled migrants compete with native workers? Analysis of a selective immigration policy ... Read more...
21 September 2019
A new paper by economists Nicholas Bloom, John Van Reenen and Heidi Williams canvasses the principal policies that governments have used to nurture innovation. A Toolkit of Policies to Promote Innovation, Nicholas Bloom... Read more...
20 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
Work by the OECD and Oxford Martin School also notes widening gaps in productivity and profit mark-ups between the leading businesses and the rest. This suggests weakening competition and rising monopoly rent. Moreover, ... Read more...
18 September 2019
On Brexit and the potential future trading options for the UK and the EU27. This interview was part of a larger piece for the 6 o'clock news programme. ... Read more...
17 September 2019
The winners of the 2019 WTO Essay Award for Young Economists are Jan Bakker of Oxford University and Federico Huneeus of Princeton University, who were ranked in equal first place by the Selection Panel. They will share ... Read more...
12 September 2019
More structured managerial practices have a strong relationship with firm productivity, writes Daniela Scur. ... Read more...
09 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
Research published by the London School of Economics estimated that the spike in inflation that followed the 2016 referendum was costing the average household £7.74 a week - a figure equivalent to £404 a year... Read more...
03 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
Supporters of the ban cite research undertaken by the London School of Economics which shows that limited phone use in schools directly correlates to exam success, partly because of an increase in concentration. The same... Read more...
30 August 2019
By Barbara Petrongolo, Felix Koenig, and John Van Reenen Policy makers have long been concerned with helping people on disability benefits find some employment as this group has grown dramatically in recent decades. In ... Read more...
24 August 2019
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19 August 2019
As Brexit nears (again), are British firms choosing to invest in the UK or in other European markets? Are European firms investing in the UK to preserve access to its markets? And has "global Britain" got off the drawing... Read more...
16 August 2019
Here it is interesting to visualize the implementation of industrial robots, the reference to the work of Graetz and Michaels, "Robots at work", of which they contribute the published picture 'Number of Industrial Robot... Read more...
13 August 2019
It can be seen from the strikes in Taiwan in recent years that for the company's top management, only shareholders are the most important targets for care. It is like giving them more benefits. But the British media The ... Read more...
12 August 2019
Lord Richard Layard, a professor at the London School of Economics, has been a pioneer in this area, and believes the government should prioritise policies that boost happiness over growth. His research has gone on to in... Read more...
25 July 2019
Beyond the fact that each one of us has to look for a concordance between the vocation and the labor field, employers can do a lot to achieve this goal. According to Lord Richard Layard, the elements that integrate work ... Read more...
24 July 2019
The study conducted by Christian Krekel, George Ward and Jan-Emmanuel De Neve tries to shed light on the relationship between well-being and company performance. ... Read more...
22 July 2019
Last year research by academics at the LSE's Centre for Economic Performance found that phonics improved children's reading. Sandra McNally, one of the authors, notes that, whereas the boost faded with time for better-of... Read more...
18 July 2019
An evaluation by LSE's Centre of Economic Performance found "robust evidence" that the Healthy Minds curriculum improves physical health of participants. The report's authors, Grace Lordan, Associate Professor in Behavio... Read more...
This week's guest blog comes from Christian Krekel, a Research Fellow at the Centre for Economic Performance, London School of Economics, working with George Ward from MIT Sloan and Jan-Emmanuel De Neve from Oxford Unive... Read more...
17 July 2019
John Van Reenen, MIT, discusses work he has done on how 'superstar firms' such as Google and Apple have changed the global economy. The superstars, although big, employ relatively few workers and this has contributed to ... Read more...
16 July 2019
However, at this point in time, even some economists want a change in focus. For example, Professor Lord Richard Layard, from the Centre for Economic Performance at the London School of Economics, recently proposed that ... Read more...
Described as a "game-changing event" by London School of Economics Dr. Richard Layard, New Zealand's budget has set a new standard for progressive policy "no other major country that has so explicitly adopted well-being ... Read more...
11 July 2019
Nicholas Bloom of Stanford made an analogy with a quite different arena: "Barcelona does not pick its team based on being born in Barcelona—if it did it would not win anything. The ECB should also pick the best." So to... Read more...
05 July 2019
In a 2015 Centre for Economic Performance study in Britain, researchers found that a school smartphone ban improved the academic performance of students in the bottom quarter of the test group significantly (14%) in high... Read more...
04 July 2019
By Gianmarco Ottaviano, Professor of Economics, Bocconi University. Originally published at VoxEU... Read more...
03 July 2019
By Gianmarco Ottaviano Economic geography strikes back. After a couple of decades of easy talk about the 'death of distance' in the age of globalisation, the promise of a world of rising living standards for all is inc... Read more...
The preeminent happiness researcher shares some surprising results on connecting well-being, mental health, and how employers can play a role in improving our lives at work. ... Read more...
01 July 2019
Research by Nick Bloom, James Liang, John Roberts and Zhichun Jenny Ying on Ctrip in China showed a 13.5 per cent rise in worker productivity through work from home policies as employees completed their full shift of wor... Read more...
28 June 2019
Thirdly, it is exporters who are being especially hard hit by Brexit uncertainty and it is these who tend to be more efficient than the average company. Brute maths, says Stanford University's Nick Bloom, means that this... Read more...
27 June 2019
In this latest blog post, Steven McIntosh of University of Sheffield discusses CVER contributions to the recent Augar Review of Post-18 Education, and the findings that came out of that research. Individual Consequences... Read more...
25 June 2019
Free trade is not necessarily efficient when larger, more productive firms can charge higher markups than smaller, less productive ones, write Antonella Nocco, Gianmarco Ottaviano and Matteo Salto. ... Read more...
24 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
A 2015 study by the London School of Economics found that banning phones could give low-achieving and low-income pupils an additional hour a week in school.... Read more...
20 June 2019
"The striking fact is that over time, people simply do not adapt to being unemployed," says Jan-Emmanuel De Neve, an associate professor of economics and strategy at Oxford University and associate editor of th... Read more...
17 June 2019
It is harder to quantify the emotional impact of losing a plant where generations of the same families had worked for a century. From the beach, the idle works hulk over the skyline. Research by Sascha Becker, Thiemo Fet... Read more...
06 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
In this sense, one of the most complete studies to date was carried out by the economists Georg Graetz and Guy Michaels, of Uppsala University and the London School of Economics (in Robots at Work, The Review of Economic... Read more...
20 May 2019
Dr Swati Dhingra, assistant professor at the London School of Economics, specialising in globalisation and industrial policy, says there's not enough trained staff to power it. "Compared to other creative or tech-based ... Read more...
Snippet: ...have they can bring them into school was on was switched off and kept in lockers or somewhere safe and there's also an academic research Katie you're aware of which is linked to banning phones to better GCSE ... Read more...
19 May 2019
Snippet: ...school? According to this group of head teachers yes, they should be. The reason they make this argument is they think mobile phones are a complete distraction in school, and there has been evidence from a st... Read more...
18 May 2019
Snippet: ...nd the head teacher who bans mobile phones", adding: "Children in school should not be being distracted by their phones." Banning phones in schools delivers an average 6 per cent increase in test scores, acco... Read more...
Brexit affects domestic firms, too. In January Barclays bank received legal approval to move €190bn ($213bn) of assets to Dublin, fearing no-deal. The London School of Economics recently found the Brexit vote had ca... Read more...
09 May 2019
Exbibit C: Inequality is increasing, a point recently acknowledged by the Productivity Commission. At the top it seems to be driven more by the seeking of favours than by productivity, a point persuasively argued by Gigi... Read more...
07 May 2019
Dr Anna Valero, innovation fellow at the London School of Economics, said the results of the funding would inform local and national governments to improve access to technology.... Read more...
06 May 2019
Workers in the agricultural sector are among the most vulnerable to being paid below the minimum wage and HMRC needs to be more proactive in punishing non-compliant businesses, a leading employment expert has warned. ... Read more...
03 May 2019
01 May 2019
Economists David Autor, David Dorn, Lawrence Katz, Christina Patterson and John Van Reenen, who wrote one of the first papers to bring attention to the phenomenon of rising concentration, also endorse a story of so-calle... Read more...
26 April 2019
A growing number of companies place a high priority on the wellbeing of their workers, assuming that happier workers will lead to improved productivity. This column examines this link based on a meta-analysis of independ... Read more...
21 April 2019
Less efficiency and lower profitability for firms carry lessons for Britain and the US, write Kilian Huber, Volker Lindenthal and Fabian Waldinger. Talented individuals are often excluded from leadership positions if th... Read more...
16 April 2019
A company's performance during and after a recession depends not just on the decisions it makes but also on who makes them. In a 2017 study, Raffaella Sadun (of Harvard Business School), Philippe Aghion (of College de Fr... Read more...
Original information: Chiara Criscuolo, Ralf Martin, Henry G. Overman, John Van Reenen. Some Causal Effects of an Industrial Policy. American Economic Review, 2019, 109(1): 48-85. Governments around the world provide la... Read more...
14 April 2019
A widely cited 2015 paper from the London School of Economics and Political Science found "student performance in high stake exams significantly increases" if mobile phones are banned.... Read more...
10 April 2019
Snippet: ...according to a study by the London School of Economics British companies have delivered almost 11 billion dollars worth of new investment away from Britain through the EU since the Brexit vote so UK firms hik... Read more...
01 April 2019
Snippet: ...A fall in the pound increases the costs of UK imports, and in the year after the vote consumer prices rose rapidly. Analysis from 2017 by researchers at the Centre for Economic Performance estimated that the ... Read more...
Snippet: ... so what does the investment picture look like in the UK since the referendum in June 20 16th government figures show that last year business investment fell slightly by 0.4% to around 247 billion dollars acc... Read more...
Secondly, workers are not being displaced by new technology. Business investment has fallen since 2016. There are countless reasons for this, many of them longstanding structural ones. One, which might have become more i... Read more...
29 March 2019
In 2010, along with two other colleagues at MIT and the University of California at San Diego, he had already observed that the productivity of former star coworkers decreased by 5% to 8% after such a fatal event. "Since... Read more...
27 March 2019
Meanwhile, a very interesting new paper by economists Philippe Aghion, Antonin Bergeaud, Gilbert Cette, Remy Lecat and Helene Maghin looks at the relationship between credit constraints and productivity at the level of i... Read more...
25 March 2019
In a similar spirit, I of course know that the introduction of a printing press with moveable type by to Europe in 1439 by Johannes Gutenberg is often called one of the most important inventions in world history. However... Read more...
22 March 2019
Book prices fell, the salaries of university professors rose, and revolutionary religious ideas spread, write Jeremiah Dittmar and Skipper Seabold.... Read more...
14 March 2019
Bans on mobile phones significantly increases student performance in high-stakes exams, according to a 2015 London School of Economics and Political Science paper.... Read more...
12 March 2019
...which are designed to create positive learning environments." They note that many school boards have policies that allow students to bring their own devices into the classroom for educational purposes. A 2015 London S... Read more...
The Toronto District School Board dropped its ban in 2011, and last summer, it also lifted its ban on Snapchat, Instagram and Netflix. A 2015 London School of Economics study found that ... ... Read more...
Arguably, it is also simply getting harder to innovate. As economists Nick Bloom, Chad Jones, John Van Reenen and Michael Webb argue, .... ... Read more...
10 March 2019
09 March 2019
But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolun Yu of the London School of Economics, the clearest impact of Help to Buy has been to raise house prices, potentially by as much as 5 ... Read more...
Carmen Villa comments on the economics of crime in relation to police numbers and knife crime Outlet: BBC Radio Scotland, BBC Radio Manchester, BBC Radio 5 Live and over 15 other local BBC Radio Stations Crime Research... Read more...
07 March 2019
Ben Chu, Economics Editor of BBC Newsnight, showed a graph on FDI outflows from the UK (actual vs. expected) on BBC2 Newsnight on 07 March 2019. This graph is taken from CEP Brexit Analysis No. 13, Figure 2. 19:20min ... Read more...
Carmen Villa comments on the economics of crime in relation to police numbers and knife crime. ... Read more...
06 March 2019
But Prof Will Jennings, a political scientist at the University of Southampton, and Prof Tom Kirchmaier, who lectures on crime and policing at the LSE, both tell me that the increase in knife crime is probably real. What... Read more...
By Nicholas Bloom Scott Ohlmacher Cristina Tello-Trillo Melanie Wallskog For 2010 and 2015, the U.S. Census Bureau fielded the Management and Organizational Practices Survey (MOPS) in partnership with a research team of... Read more...
Phlippe Aghion (College of France, LSE, and CEPR) discusses work on merged datasets from the UK - one detailing occupation & wages, the other looking at R&D and investment. ... Read more...
04 March 2019
Economists believe "firms are more productive if they're in larger cities" says Henry Overman, a Professor of Economic Geography at the LSE. What Works Well Centre for Economic Growth ... Read more...
"One of the features of these very big firms is that they've got high profits but they have low labor shares," said John Van Reenen, an economics ... [paywall] ... Read more...
23 February 2019
UK companies have increased their investments into the EU by $10.73bn due to Brexit uncertainty diverting investment from the domestic market, says a recent study from the London School of Economics' (LSE) Centre for Eco... Read more...
21 February 2019
But recent research by economists Nikhil Datta, Giulia Giupponi and Stephen Machin suggests that undesired zero-hours contracts may have become more prevalent because of minimum wage hikes. [paywall] ... Read more...
15 February 2019
The fall is more pronounced among companies that enjoy high market power, write Brian Bell, Pawel Bukowski and Stephen Machin. ... Read more...
11 February 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...
10 February 2019
A new study looks at the long-run evolution of rent sharing between companies and workers in the UK and finds that rent sharing has significantly decreased between 2001 and 2016, particularly among companies that enjoy m... Read more...
08 February 2019
Almost all schools are thought to have some controls over mobile phone use. Some ban them outright and others restrict their use in lessons or during playtime. A 2015 study by the London School of Economics found that ba... Read more...
02 February 2019
These machines are defined by The International Federation of Robotics as "an automatically controlled, reprogrammable, and multipurpose [machine]" (IFR 2014; see also Graetz and Michaels, 2015). ... Read more...
01 February 2019
One little-known study could, however, help shed light on where the problem really lies. According to Professors Bell and Van Reenen of the LSE, the real issue is not that CEO pay has been inflated, but that worker pay h... Read more...
29 January 2019
Snippet: ... A new ESRI study shows smartphone ownership among children has a detrimental impact on their education. And a 2015 study by the Centre of Economic Performance at the London School of Economics found that aft... Read more...
17 January 2019
A British study estimated the impact of public subsidies in regions in difficulty. If a gain for the job was found but the big companies, first beneficiaries, do not change their behavior, notes the professor of economy ... Read more...
14 January 2019
Swati Dhingra, associate professor, LSE Slowdown like earlier, low GDP growth relative to other OECD countries. Dampening of investments. Hard to predict numbers here because short-term forecasts are not the most relia... Read more...
02 January 2019
19 December 2018
John Van Reenen argues that competent managers are desperately undervalued in the UK. The MIT economics professor, who until recently headed the LSE's Centre for Economic Performance, concedes that most studies ... Read more...
08 December 2018
As the UK has sought to redefine its relationship with the EU and the rest of the world, a renewed focus on sustainable growth becomes more urgent, write James Rydge, Ralf Martin and Anna Valero.... Read more...
03 December 2018
"We see a lost generation," said Swati Dhingra, an economist at the London School of Economics. "There was already wage stagnation and productivity stagnation. The trade war has exacerbated all of that."... Read more...
01 December 2018
Discussion of LSE research (Healthy Minds Project) urging the government to incorporate life skills into the national curriculum. Reported widely on local BBC radio stations. ... 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...
Healthy Minds is a unique curriculum that redefines personal, social and health education in secondary schools. It aims to develop emotional resilience and self-efficacy in students. The London School of Economic and the... 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...
This report draws conclusions globally. For India, we understand there's been a lot of progress on improving allocative efficiencies. For many policy makers the next frontier is some of the capabilities which are interna... Read more...
The majority of businesses in the UK report that Brexit is a source of uncertainty. This column uses survey responses from around 3,000 businesses to evaluate the level and impact of this uncertainty. It finds that Brexi... Read more...
25 November 2018
The danger of nepotism Professor John Van Reenen of the Massachusetts Institute of Technology thinks nepotism is a key risk. A 2011 study authored by Reenen, with Nicholas Bloom and Raffaella Sadun, found that those fa... Read more...
22 November 2018
There is a rise of an innovative elite that is an engine of efficiency. Its members are companies that have mastered digital technologies and enjoy network effects that help them fend off slower competitors, says John Va... Read more...
15 November 2018
Nick Bloom on Brexit uncertainty. A survey of 3,000 companies, funded by the Bank of England, which notes "Brexit's importance as a source of uncertainty has risen further in recent months". Nick Bloom, said: "Le... Read more...
12 November 2018
John Van Reenen comments on whether executives in many industries are sold on the technical revolution. "There is a big debate on whether robots are really delivering on the productivity benefits they might promise." ... Read more...
09 November 2018
Left-behind places are lending themselves increasingly to the forces of populism and political disintegration, writes Riccardo Crescenzi. A complex flow of investment is spreading across the globe, connecting more a... Read more...
07 November 2018
Research by CEP Economists Nikhil Datta, Giulia Giupponi and Stephen Machin. "A report recently undertaken by three labour market economists has found that 44% of workers on zero-hours contracts would like more workin... Read more...
13 October 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
09 July 2018
One problem in assessing the impact of management is that it is an amorphous and multifaceted category, including a variety of possible activities. This problem has been addressed by the work of economists lik... Read more...
07 July 2018
Proximity to a large plant plays an important role in the diffusion of knowledge and patent production, write Vincenzo Scrutinio, Christian Fons-Rosen and Katalin Szemeredi. ... Read more...
30 June 2018
The German bombing offensive brings lessons about worker density and zoning restrictions in London - and perhaps New York and Tokyo, write Gerard Dericks and Hans Koster. ... Read more...
25 June 2018
Article by Maria Molina-Domene: Reputation plays an important signalling role in an imperfect information world and companies endeavour to preserve it. In this study, I evaluate empirically the role of reputat... Read more...
21 June 2018
By sticking with the UK, the London School of Economics estimated Scotland will be £30bn worse off after Brexit, and the Bank of England reckoned incomes will be 900 a year less . ... Read more...
10 June 2018
In addition, a number of works conclude that robotization, unlike computerization, leads to a decrease in demand for low and increased demand for highly skilled labor, but not to a drop in demand for medium-sk... Read more...
30 May 2018
It should also be taken into account that different types of new technologies have different influences on routine occupations: computerization causes the death of routine intellectual activities (for example,... Read more...
Parents seeking a school cellphone ban for grades five through eight also spoke in Open Forum. “I’m here representing 612 families … asking for reforms to the district’s middle school ... Read more...
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the Single Market our party will be abandoning workers in Aberdeen, Inverness and towns and cities across Scotland. That... Read more...
29 May 2018
Recent studies show that scientific progress is decelerating and tends to stagnate on the whole. In the paper “Innovating Harder and Harder to Find?” published in March of this year, four economist... Read more...
24 May 2018
We must go back in time to grasp this issue, both economic and societal. According to researcher Nicholas Bloom, the profound technological and structural change that has transformed business operations in rec... Read more...
22 May 2018
It is important also to see digitalisation and robotisation as a distribution problem. There is evidence that digitalisation and its applications have had a different impact on the various segments of the labo... Read more...
21 May 2018
Economists Jeffrey Sachs, John Helliwell and Richard Layard pointed out several factors that affect the well-being of citizens, including GDP per capita, life expectancy, corruption and social support. However... Read more...
16 May 2018
Finland, a perennial chart-topper on global rankings of well-being and prosperity, has just been named the world’s happiest country in the World Happiness Report. Finns are not happy about the news. &hel... Read more...
14 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...
That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb, entitled “Are Ideas Getting Harder to Find?” They... Read more...
13 May 2018
12 May 2018
Although telecommuting is not yet universal, its adoption by technology giants and startups is very telling. Accordingly, many perks account for the meteoric rise of this nascent shift. On the employees’... Read more...
09 May 2018
The record-breaking bank holiday heatwave was perfectly timed to boost Britain’s economy after a decidedly cool start to the year, experts said yesterday. Economists suggested that the hot spell wa... Read more...
This is hardly a fringe view. Economists Christian Hilber and Wouter Vermeulen point out that house prices would be 35 per cent lower if the most restrictive parts of the country (the South-East) were merely a... Read more...
08 May 2018
What is the UK productivity puzzle? Ten years on from the Global Crisis, productivity growth in the UK lags behind that in economies such as France and Germany. Giordano Mion shares his work on why this &lsquo... Read more...
07 May 2018
Economic publications show that these effects would have a strong impact on the level of macroeconomic equilibrium and consequently on that of structural unemployment. A recent article by Luis Garicano, Claire... Read more...
04 May 2018
"Whilst automation appears to be increasing the demand for high-skilled, high-income employees, its impact on low-skilled, low income employment is less clear," wrote the IFR. "Wage stagnation a... Read more...
03 May 2018
Pointing out the weaknesses of the small business, Professor Nicholas Bloom and his colleagues developed a survey instrument for measuring business quality. According to the Vietnam Chamber of Commerce and Ind... Read more...
02 May 2018
More industries have embraced remote positions in response to the desires of an evolving workforce, with a study by Stanford professor Nicholas Bloom finding that working remotely was directly tied to increase... Read more...
The scary idea is that easy-to-discover technology is a finite, exhaustible resource. … That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, ... Read more...
Further bolstering its case, the IFR release called out a recently published London School of Economics (LSE) study entitled Robots at Work. Examining the use of industrial robots in 17 developed economies bet... Read more...
30 April 2018
One study suggests incompetent managers are at the root of poor performance issues in UK offices, with 96% of the 800 HR professionals surveyed citing performance management as a problem at their organisation.... Read more...
In the UK, real wages are still below their pre-2008 recession levels. The LSE's Centre for Economic Performance revealed that during 2007-2015 British workers saw their wages fall by an average of five pe... Read more...
29 April 2018
As urban traffic gets more and more jammed, housing prices in urban centers are getting higher and higher, commuting distances are getting longer and longer, and professional women have family burns in their h... Read more...
26 April 2018
Scholars from the London School of Economics and Political Science found cellphone bans in classrooms had a neutral effect on high achievers, but had a positive impact on low-achieving students. ... Read more...
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 emerged from the pages of sc... Read more...
25 April 2018
But beyond just the numbers, the onset of globalization and its impact on international finance and global commerce has forced American business schools to seek new ways to burnish their “international&r... Read more...
"The management of the company was a bit pessimistic," says researcher Nicholas Bloom in a Ted Talk about the research. "They expected the homeworkers to go to bed.&nb... Read more...
23 April 2018
One notable study was conducted in 2015 by Stanford University researcher Nicholas Bloom, who wanted to test whether the belief that workers slack off more when working from home was valid. Bloom and his crew ... Read more...
22 April 2018
And academics at the Centre for Economic Performance at LSE looked at the relationship between marginal seats and hospital closures between 1997 and 2005. They found “Marginality…has a significant... Read more...
19 April 2018
The London School of Economics (LSE) recently published a study entitled Robots at Work on the use of industrial robots in 17 developed economies between 1993 and 2007. LSE head of research, Guy Michaels, summ... Read more...
BOSTON--(BUSINESS WIRE)--Organizations need competent management just as much as they need analytical brilliance, argue the winners of this year’s HBR McKinsey Award, which honors the best Harvard Busine... Read more...
17 April 2018
Smartphone disruption is an issue in schools too. A study by the University of Texas has suggested that just having a smartphone within eyeshot can reduce productivity, slow down response speed and reduce grad... Read more...
Mautz cites a two-year study conducted by Stanford economics professor Nicholas Bloom, where 250 of 500 employees from China-based travel agency Ctrip volunteered to work from home. Then, over the 24 months, t... Read more...
Harvard Business School associate professor Raffaella Sadun and coauthors Nicholas Bloom of Stanford University and John Van Reenen of MIT have been named the first-place winners of the 59th Annual HBR McKinse... Read more...
Pawel Bukowski (LSE) about the research presented at the IBS seminar “(Un)equal wages, incomes and wealth in Poland?” (Warsaw, 23/10/2017). ... Read more...
12 April 2018
Article by Giuseppe Berlingieri, Sara Calligaris, Stefano Costa e Chiara Criscuolo. In Italy, medium-large and large companies are productive and competitive. The problem is that they are few compared to... Read more...
10 April 2018
Today for the first time, the Economic and Social Research Council (ESRC) is to recognise its global centres of excellence with official ESRC Research Institute status. The move acknowledg... Read more...
09 April 2018
Once again, I’m brooding over science’s limits. I recently posted Q&As with three physicists with strong opinions on the topic--David Deutsch, Marcelo Gleiser and Martin Rees--as well as this c... Read more...
07 April 2018
Article by Thomas Sampson. The full economic consequences of Brexit will not be realised for many years. But 21 months after the referendum, we can start to assess how the Brexit vote ha... Read more...
05 April 2018
Jordi Blanes i Vidal, a professor at the London School of Economics, said such a system would work best in areas such as sales where there are clear markers of performance. He said: 'But in s... Read more...
01 April 2018
Article by Nicholas Bloom, Aprajit Mahajan, David McKenzie and John Roberts. In our recent research, we examine the persistence of an intensive management intervention carried out in India (Bloom et ... Read more...
29 March 2018
Disruption to trade caused by Brexit could cost the average Briton as much as £1,700 a year, with Remain-backing areas bearing the brunt, a report has claimed. The research suggested many of the worst-af... Read more...
27 March 2018
22 March 2018
The creators of NEUARBEITEN explain why working from home in this country is still a niche topic and how it can still benefit employees and employers. … Home office offers employees one thing above all:... Read more...
"There is no consensus on how robotics will affect the creation or destruction of employment, some studies are optimistic and others are not," Professor Guy Michaels of the London School of Economics... Read more...
Robots are set to steal lawyers’ jobs. Experts predict artificial intelligence breakthroughs mean machines will soon sift through legal paperwork and other complex documents at ultra high speed. Prof Guy... Read more...
21 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
A 2017 University of Texas study found that simply having a smartphone within one’s view can reduce productivity, response speeds and grades. The results of another study , by the London School of Econom... Read more...
05 March 2018
That’s helped to boost growth and employment, but now it means that regions like the north east are vulnerable to any increase in barriers to trade, as demonstrated by recent research at the University o... Read more...
02 March 2018
All in the Family? CEO Choice and Firm Organization, by the Centre for Economic Performance at the London School of Economics, is the first study showing a causal link between dynastic family firms and poorer ... Read more...
01 March 2018
Researchers at University of Texas last year claimed that smartphones could negatively affect attention span by just being in someone’s line of sight. Another study, conducted by the London School of Eco... Read more...
28 February 2018
Guy Michaels interviewed live during a conversation about the impact of robots and technology on productivity in the UK. ... Read more...
27 February 2018
This is potentially consistent with a story where the jobs that have been easiest to automate are middle-class-ish. Some jobs require extremely basic human talents that machines can’t yet match – l... Read more...
19 February 2018
MOBILE phones in schools should be banned because they pose a much graver risk to children's education than previously considered, the author of a flagship report on their use says. Increasing phone ... Read more...
18 February 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
The approach to happiness and bad luck translates into expectations regarding the social security system, including taxes and benefits. If we assume that nobody is fully responsible for their achievements, soc... Read more...
12 February 2018
Last week’s highlights - Assessing the impact assessments - Almost all of the interesting results you get out of modelling Brexit are down to the judgments and assumptions you put in, said Robert Chote, ... Read more...
11 February 2018
Other studies have come to similar conclusions. In 2015 researchers at the London School of Economics studied results at 91 secondary schools in London, Birmingham, Manchester and Leicester that banned mobile ... Read more...
10 February 2018
Within the manufacturing industry, high levels of productivity would not be possible without the introduction of automation. A typical automotive manufacturer simply could not keep up with the demand for volum... Read more...
09 February 2018
Anna Valero gave a live interview on UK productivity. ... Read more...
Moreover, when we consider these findings in light of research published last July by Centre for Cities and the Centre for Economic Performance, which suggested that Aberdeen’s economy would be hit harde... Read more...
08 February 2018
With technology such as mobile phones in some classrooms increasing distractions, the ability to improve self-control and delayed gratification has become a particularly important skill. Perhaps it’s not... Read more...
DOI: 10.1111/ecoj.12429 Related publications Distinctively Different: A New Approach to Valuing Architectural Amenities Gabriel M. Ahlfeldt and Nancy Holman, SERC Discussion Paper No.171, Febru... Read more...
05 February 2018
Anna Valero interviewed, speaking about the big picture of UK productivity: low investment, bad training, bad management and lack of infrastructure. BBC business correspondent Jonty Bloom... Read more...
A decade ago, economists at Berkeley, Stanford and the World Bank conducted a randomised trial in which the bank paid for some textile factories in Mumbai to receive consulting advice from a global company. Th... Read more...
02 February 2018
To sustain economic growth, the United States must double its overall research effort every 13 years. That’s because it is taking an increasing amount of effort to generate enough ideas to power the econ... Read more...
The green belt is associated in most people’s minds with England’s “green and pleasant land” immortalised by William Blake in his poem Jerusalem. But according to Paul Cheshire, profess... Read more...
01 February 2018
Briefing note prepared for the World Economic Forum Annual Meeting in Davos, Switzerland Concerns about automation’s impact add to the climate of mistrust. In the European public debate over automatio... Read more...
31 January 2018
Rankings inform the world who is the biggest, the richest, the happiest, the saddest, the most powerful or the most successful. In the 1990s, Stephen Nickell at the Centre for Economic Performance in the Londo... Read more...
28 January 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
24 January 2018
Swati Dhingra and John Morrow discuss Efficiency in Large markets with Firm Heterogeneity. ABSTRACT: Empirical work has drawn attention to the high degree of productivity differences within industries, an... Read more...
18 January 2018
Article by John Van Reenen A 15-year survey of 12,000 firms across 34 countries shows that management practices explain a large share of productivity gaps. Income differences between rich and poor countries... Read more...
Research shows the first causal evidence that dynastic family firms have worse management practices, writes Daniela Scur We push the literature forward in two main ways: first, we show the first causal evid... Read more...
Type: Broadcast Mention of LSE report which said that Aberdeen would be the UK city worst hit by a hard Brexit. ... Read more...
15 January 2018
Students scored almost seven percent higher following strict phone bans at school, according to a 2015 study published by the Center for Economic Performance at the London School of Economics. ... Read more...
Mention of LSE report which found Aberdeen would be worst hit by a hard Brexit. ... Read more...
A study conducted in 2013 by Nicholas Bloom, professor of economics at Stanford University, and graduate student James Liang, who is a co-founder of Chinese travel website Ctrip, proved that working at home in... Read more...
Snippet: ... there has been a study by the London School of Economics which found where mobiles were banned test scores improved. Richard Murphy, one of the authors, is interviewed o... ... Read more...
11 January 2018
A no-deal Brexit would leave Britain’s economy diminished and its people poorer. That is the conclusion of the economic forecast commissioned by the mayor of London, Sadiq Khan from Cambridge Econometric... Read more...
But these explanations are not enough. Economists therefore questioned the measure. And if productivity gains were too new to be detected by traditional statistical tools? In the United States, for example, th... Read more...
10 January 2018
The average British household is already worse off than it was before the Brexit vote. Dennis Novy and Thomas Sampson discuss how much of the rise in inflation is due to Brexit. Higher prices are costing the a... Read more...
08 January 2018
According to the calculations of the Center for Economic Performance (CEP), Brexit will significantly affect inflation, the national currency rate, as well as the income level of the British and the overall qu... Read more...
07 January 2018
AREPORT written by a Welsh political consultant for a thinktank set up by Tony Blair paints a bleak picture of a post-Brexit future. Dafydd Rees, who has held senior positions with the BBC, Sky and Bloomberg, ... Read more...
05 January 2018
Executive summary: This document sets out some of the key things we have learnt since the referendum. These include: The Office for Budget Responsibility has downgraded UK growth expectations for the ... Read more...
04 January 2018
The following information was released by the Office of Tony Blair: Executive summary The Centre for Economic Performance says that the Brexit vote has cost the average household 404 a year. ... Read more...
03 January 2018
IBM recently made headlines for dismantling its policy that allowed remote work. The technology giant was following in the footsteps of Yahoo Inc., which in 2013 also called its employees back to the office, s... Read more...
The latest forecasts from major London economic research houses seem to provoke pensive respondents. The renowned London Economics University, a study by the London School of Economics (CEP), has shown that th... Read more...
01 January 2018
The London School of Economics has estimated that failing to agree a trade deal could cost the UK economy up to £430 billion over five years. ... Read more...
Large London think tanks have also drawn attention to the real wage erosion in Great Britain. The recent London-based Economics Research Center (CEP), the London-based Economics University of London, has shown... Read more...
29 December 2017
The recent study of the London School of Economics (CEP) in London has demonstrated with various model calculations that the unexpected market and real economy shock of a British EU member, who won a narrow ma... Read more...
A study published by the Center for Economic Performance at the London School of Economics says the happiest age in human life, statistically, is 23 and 69 years. Based on data from 23,161 people aged 17 and 8... Read more...
28 December 2017
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
24 December 2017
Brexit analysis from the Centre for Economic Performance recently found that the living standard of every income group in the UK would decrease after Brexit, with those on middle incomes suffering slightly mor... Read more...
22 December 2017
A study published in 2015 by the Center for Economic Performance of the London School of Economics found that after a telephone ban, students had nearly 7 percent higher test scores. ... Read more...
21 December 2017
According to a study by the Financial Times, which analyzed a wide range of estimates and predictions, output in the UK is about 0.9% below the potential for remaining in the single market. In a complementary ... Read more...
20 December 2017
In accordance with the theory of skill-biased technological change, many researchers are convinced that automation predominantly threatens low-skilled workers, who are at risk of being substituted for intellig... Read more...
19 December 2017
As the portal iz.ru wrote, according to calculations for the Center for Economic Performance, each British family will lose up to £404 per year because of Brexit. This is due to rising prices for consume... Read more...
Everything paletti thus? Not quite. There is a loser, and that means Great Britain. It is becoming increasingly clear that Brexit was not a good idea, at least economically. Thomas Sampson and his colleagues f... Read more...
18 December 2017
Thomas Sampson and colleagues at the London School of Economics have examined the direct effect of sterling’s depreciation since the EU referendum on prices and living standards. With the pound falling a... Read more...
Business investment grew by 1.3 per cent in the third quarter of 2017, this is down almost five-fold against official forecasts for growth drawn up in 2016. This economic downturn after Brexit has already cost... Read more...
FT research shows that the weekly hit to the British economy could be the same £350m that Leave campaigners promised to claw back Thomas Sampson and colleagues at the London School of Economics have e... Read more...
A recent study by the London School of Economics found that banning mobiles can improve academic results ... Read more...
16 December 2017
In June 2016, a referendum was held in Britain and the result was to withdraw from the EU. This opens the door to an experiment: what happens when an economy wants to reduce its globalization and lift its ties... Read more...
15 December 2017
A recently published study, "Robots at Work" (Graetz, Michaels, 2017) highlights the actual economic impact of a major robot integration in industry. One conclusion is that the average increase in GD... Read more...
According to research carried out by the London School of Economics, students of schools where cell use is forbidden achieve better results by more than 6.4 percent. in relation to those studying in institutio... Read more...
The debate about access to mobile phones in schools is ongoing in the UK, where more than 90% of teenagers have mobiles. A recent study by the London School of Economics found that in schools where mobiles wer... Read more...
John Van Reenen, an economist at MIT and another of the “Ideas” paper’s authors, has performed studies that look at talent cultivation in the U.S. by trying to determine the likelihood of som... Read more...
Last month, a study by the London School of Economics found that the average household will already be paying at least an extra £400 in shopping annually, due to Brexit-induced infl... Read more...
14 December 2017
According to a London School of Economics study of 2015, schools that have banned mobile phones in class have reported improved performance for their students. ... Read more...
However, research is on the French side, and in line with a study conducted in 2015 and published by the London School of Economics, school students who began to prohibit the use and even the presence of mobil... Read more...
The French education minister said it is a matter of "public health," and believes that "children should not be too often, or even at all, in front of a screen before the age of 7." A 2015 ... Read more...
According to researchers from the London School of Economics, who carried out research in schools in Birmingham, London, Leicester and Manchester, where the ban was imposed on the use of cells, teens had bette... Read more...
According to a study by the London School of Economics, even a performance improvement of 6.4 percent was identified. A potential problem could be emergency situations where parents need to reach their childre... Read more...
Research is on Bloomberg—and the French government’s—side. According to a 2015 working paper (pdf) published by the London School of Economics, schools that banned mobile phones saw test scor... Read more...
Work from home or go to an office: which kind of workers are happier and more efficient? For the first time – surprisingly – there’s some solid academic research on the subject, led by a Stan... Read more...
A study by the London School of Economics found that the test results of 16-year-old students after a complete ban on mobile phones in the school by 6.4 percent better than before. In France, one wil... Read more...
13 December 2017
Educators do not see it that black. Thus, the teacher and author Arne Ulbricht already spoke in 2015 to the "mirror" for a smartphone ban in schools: "Otherwise, we breed a generation that panic... Read more...
Teachers and parents have expressed skepticism at the new plan, as already existing classroom phone bans are commonly broken. However, the government is basing their plan on research conducted by the London Sc... Read more...
However, according to a London School of Economics study on mobile phone issues, after the ban on mobile use, test scores improved by 6.4%. The impact on bad students was even more important, with their own sc... Read more...
The French education minister said it is as a matter of "public health" and believes that "children should not be too often, or even at all, in front of a screen before the age of seven." A... Read more...
There's evidence that forcing students to put their phones away during school can help reverse some of the negative side effects. A 2015 study by the Centre for Economic Performance at the L... Read more...
12 December 2017
While Vincent does have a point, I think Blanquer deserves praise for his decision. There is no reason for children and young teens to be handling mobile phones at any point throughout the school day. They'... Read more...
Snippet: ...ist, but if for the sake of argument Leonardo had imagined them as aides to scholastic culture and attainment he would have been laughed out of the Renaissance. Now that they do exist, the evidence... Read more...
In a study of the English Center for Economic Performance, published in late autumn, it is reported that only the fact of voting for England's withdrawal from the European Union has resulted in serious los... Read more...
11 December 2017
On Sunday, France’s education minister announced that mobile phones will be banned from primary, junior, and middle schools, calling it a matter of “public health.” Research is on Bloom... Read more...
... Read more...
Thus, the report for the Center for Economic Performance shows that voting for exit from the EU "was an unforeseen shock for the UK economy," the researchers conclude. "Our results provide convi... Read more...
10 December 2017
There is another B word that keeps popping up whenever the shortcomings of B for Brexit are highlighted. B for Bandwidth. We heard it from Alan Milburn as he explained why he was stepping down from his work he... Read more...
The decision to leave the UK from the EU negatively affected the quality of life of citizens. This conclusion was reached by the specialists of the Center for Economic Performance research center, having found... Read more...
08 December 2017
… within the next half an hour Mole Valley and Drygate and Banstead among the areas which would be hit hardest by Brexit according to a report by researchers at the London School of Economics say both e... Read more...
A recent study by LSE said Brexit without a trade deal would cost London over £100bn over five years, while staying in the single market would reduce the losses to some £58bn. ... Read more...
06 December 2017
Snippet:... A recent study by LSE said Brexit without a trade deal would cost London over £100 billion over five years, while staying in the single market would reduce the losses to some £58 billio... Read more...
05 December 2017
The skepticism about future growth potential is becoming international. Stanford economist Nicholas Bloom recently pointed out that innovation as a growth engine has become increasingly costly. "What worr... Read more...
Stanford Graduate School of Business professor Nicholas Bloom said in a TED talk earlier this year that requiring employees to be in the office is an outdated tradition that doesn’t take into a... Read more...
04 December 2017
Article by Thomas Sampson, Dennis Novy, Holger Breinlich and Elsa Leromain Most economists believe that Brexit will be bad for the UK economy in the long-run. But what about the short-term? How ha... Read more...
03 December 2017
An important study on panel data for 14 branches of seventeen countries for the period 1993-2007. was recently carried out by G. Graetz and G. Michaels (Graetz, Michaels, 2015). They demonstrated that at the s... Read more...
Our final #GeekoftheWeek goes to Henry Overman with his NIESR chart looking at the local economic impact of Brexit. ... Read more...
A study by Graetz and Michaels found that the impact of industrial robots should boost pay for highly skilled workers while reducing pay for workers with low to medium skills. ... Read more...
01 December 2017
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion in annual revenue and as many as 30,000 jobs, a f... Read more...
New job openings attract not only local workers, but also those living relatively near, write Alan Manning and Barbara Petrongolo..... Related publications "How Local Are Labor Markets? Evidence fro... Read more...
How will your local area be affected by #Brexit? Our final #GeekoftheWeek goes to @HenryOverman with his @NIESRorg chart looking at the local economic impact of Brexit. Peston on Sunday Retweeted ... Read more...
30 November 2017
Economists have a hard time explaining why productivity growth has been shrinking. One theory: true innovation has gotten much harder – and much more expensive. So what should we do next? John V... Read more...
29 November 2017
A report by the London School of Economics’ Centre for Economics Performance earlier this month estimated that the Brexit-related spike in inflation in the UK had already cost the average UK household ar... Read more...
The report defines a hard Brexit as being on World Trade Organisation (WTO) tariffs with no customs union, and a soft Brexit with the UK staying in a form of customs union and tariffs remaining at zero with a ... Read more...
Article by Christian Hilber and Teemu Lyytikainen How replacing stamp duty with better-designed local taxes could alleviate the crisis of housing availability. The SDLT (commonly labelled ‘stamp... Read more...
28 November 2017
Alison Thewliss MP (SNP), Shadow SNP spokesman for Cities and Treasury referred to the recent CEP report The Brexit Vote, Inflation and UK Living Standards estimate "that the average household has... Read more...
27 November 2017
Article by Thomas Sampson et al Most economists believe that Brexit will be bad for the UK economy in the long-run. But what about the short-term? How has the referendum affected households in the first yea... Read more...
Article by Henry Overman Much has been written about the impact that Brexit might have on the national economy. We know far less about how that impact might vary across the UK. In a recent paper published i... Read more...
The latest work by economists at the London School of Economics estimates that, if the UK crashes out of the EU with no deal, the impact will be far more severe than the projections in the budget suggested. Th... Read more...
26 November 2017
… Dr Thomas Sampson, who co-authored the Centre for Economic Performance research, said: "Even before Brexit occurs, the increase in inflation caused by the Leave vote has already hurt UK household... Read more...
25 November 2017
Government sources said ministers would this week release sections of assessments into the potential economic impact of Brexit carried out across Whitehall, which until recently they had tried to keep secret. ... Read more...
According to the Center for Economic Performance Research Center (CEP), one of the main consequences of the vote on leaving the European Union was a marked decrease in the quality of life of British subjects. ... Read more...
24 November 2017
However, the regions that are now calling for special rules do not belong to those parts of the country that Brexit is likely to hit particularly hard economically. According to calculations by economists at t... Read more...
Post Budget analysis has focused on the UK's productivity woes - but a UK-wide report singles out Gloucester as a hotbed of entrepreneurial business growth and talent way ahead of the Capital. … The... Read more...
... according to new analysis from the Centre for Economic Performance (CEP) at the London ... ... Read more...
In the first detailed statistical analysis of how the referendum outcome has affected UK inflation, wages and living standards Thomas Sampson and his team show UK households are paying a high economic price fo... Read more...
The danger is not making a real difference to productivity when the country needs it the most, writes Anna Valero. Budget 2017 began with a bleak assessment of the UK’s growth prospects. For those of us ... Read more...
In support of this statement we can mention a recent investigation by a team of economists from the London School of Economics, directed by Richard Layard. The researchers analyzed data from surveys conducted ... Read more...
23 November 2017
In the referendum on British EU membership last June, a small, 51.9 percent majority of the participants voted out. The study, published on Monday by the prestigious London Economics University at London Schoo... Read more...
We’ve picked all the low hanging fruit when it comes to new ideas, and the world is set for more parsimonious times. This is the idea put forward in a recent research paper by Nicholas Bloom, John Van Re... Read more...
A statistical analysis on the consequences of the Brexit vote in the United Kingdom was released on Monday, showing how the referendum outcome has affected inflation and living standards of people across the c... Read more...
UK economy: Britain is on course for its longest fall in living standards since records began, with wages not returning to their pre-financial crisis levels until at least 2025. … “Right now, the ... Read more...
Article by Sandra McNally With the UK’s poor economic forecast doing few favours to the skills budget, government must ensure it’s putting money into policies that will actually raise overall pr... Read more...
Recently, the Center for Economic Performance (CEP), a local research center, recently released a survey according to which every British family, on average, loses 400 pounds sterling per year due to Brexit. ... Read more...
22 November 2017
“One of the guys who pays my wages has decided he’s pulling investment from the UK,” my private fund manager mate tells me on Sunday as we stand on the touchline, watching our kids play rugby... Read more...
Meanwhile, on the home front consumers have been fighting raging price increases thanks to the collapse in the value of the pound. The average household has lost £404 last year according to the Centre fo... Read more...
On 23 June 2016, the UK voted to leave the EU. As soon as the result became clear, sterling depreciated sharply and, since the vote, UK inflation has dramatically increased. How much of the rise in inflat... Read more...
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
Wales and Northern Ireland have suffered the worst spikes in inflation in the UK as a result of last year’s vote for Brexit, according to new research from the London School of Economics. The analysis by... Read more...
20 November 2017
Dr Thomas Sampson, who co-authored the Centre for Economic Performance research, said: “Even before Brexit occurs, the increase in inflation caused by the Leave vote has already hurt UK households. &ldqu... Read more...
According to research conducted by the UK-based Centre for Economic Performance "By June 2017, the Brexit vote was costing the average household £7.74 per week through ... Read more...
Article by Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson. On 23 June 2016, the UK voted to leave the EU. As soon as the result became clear, sterling depreciated sharply and, since the vote, ... Read more...
The first detailed statistical analysis of how the referendum outcome has affected UK inflation, wages and living standards shows UK households are paying a high economic price for the vote to leave the Europe... Read more...
Snippet: ...e Thank you very much Steve France's reporting for us there in Cardiff and serve loaded of the have been in touch about food prices someone texted me to say food has increased by 5% since June ... Read more...
10 November 2017
In Are Ideas Getting Harder to Find? (NBER Working Paper No.23782), Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb argue that, to maintain a given rate of economics growth, resources devote... Read more...
Is it possible, as Trump’s statement suggests, to compare two countries’ economies and which indicators would we use to do so? GDP per capita is considered a baseline when comparing two economies. ... Read more...
09 November 2017
The Centre for Economic Performance has published a discussion paper entitled 'Product Diversification in Indian Manufacturing.'The abstract states: The presence of global value chains challenges ... Read more...
08 November 2017
Meanwhile, the risks of Scotland crashing out of the EU without the UK government securing a deal have been revealed in a damning report by the London School of Economics. Figures show that every single part o... Read more...
Ronnie Cowan, SNP, Inverclyde: A report from the centre for cities and the Centre for economic performance and the London School of Economics said that all cities would schedule increasing cost... Read more...
06 November 2017
For our analysis, we exploit the same dataset from the International Federation of Robotics (IFR) that was used by Acemoglu and Restrepo (2016, 2017) and in the pioneering study by Graetz and Michaels (2017). ... Read more...
Some recent studies, however, such as a 2015 paper by Georg Graetz and Guy Michaels, found that at least in the area they studied – the impact of industrial robots – innovation is boosting pay for ... Read more...
04 November 2017
Some recent studies however, such as a 2015 paper by Georg Graetz and Guy Michaels, found that at least in the area they studied – the impact of industrial robots – innovation is boosting pay for h... Read more...
03 November 2017
With Swati Dhingra, Martin Donnelly and Sam Lowe - Chaired by Soumaya Keynes Trading places: #BrexitTrade conference video: What types of trade barriers are most important for UK firms with an eye ... Read more...
02 November 2017
In practice, competitors often do not only choose their level of effort; they also have to decide between more or less risky strategies. For example, a pharmaceutical firm that is lagging behind in a patent ra... Read more...
Rising inflation combined with flatlining wage growth means that households have seen incomes drop in real terms and are therefore beginning to feel the squeeze of higher prices. Worryingly, UK wages have drop... Read more...
Another study by the institute examining the regional implications of Brexit concludes that the south around London is likely to be hit particularly hard, as well as the region around Manchester and the south ... Read more...
A growing body of evidence supports Mr Phillips’s stance. Schools where phones are banned saw scores improve 6.4 per cent for 16-year-olds and by 12.2 per cent for lower achieving students, according to ... Read more...
Berlingieri, G., Blanchenay, P. and Criscuolo, C. The Great Divergence(s): CEP Discussion Paper No 1488. (Centre for Economic Performance, 2017) cited in ‘The State of Small Business: Putting UK Entrepre... Read more...
01 November 2017
One of the most remarkable studies done to measure telecommuters’ performance was conducted by Stanford University. Led by Professor Nicholas Bloom, a team of scholars performed a Work From Home (WFH) ex... Read more...
31 October 2017
Study in 2015 published by the Centre for Economic Performance at the London School of Economics. showed that across multiple schools, when mobile phones were banned, tests scores went up an average of 6.4% in... Read more...
Research by the London School of Economics forecasts that even in the event of a Brexit transition deal being struck, the Argyll and Bute economy will shrink by 2 per cent. ... Read more...
Scotland’s Brexit Secretary Mike Russell told the convention that a report out last week revealed a soft exit from the EU would leave the area £150million worse off, while a “hard, no deal Br... Read more...
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
Nicholas Bloom, Charles Jones, John Van Reenen and Michael Webb show through detailed analysis of firms that research productivity is declining even as research efforts are rising. One of their key findings: &... Read more...
Mention of figures from the London School of Economics on the impact of a ‘no-deal’ Brexit on Birmingham’s economy. ... Read more...
29 October 2017
The overall impression in other European capitals is that the British want to have their cake and eat it, by leaving the EU and yet retaining all its advantages, a demand which no EU government is prepared to ... Read more...
28 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
Snippet: Mention of LSE study on cost of Brexit for Scotland ... Read more...
…there have been numerous studies claiming that better management – sometimes equated with more management – is the key to productivity. One in particular – done by economists in Stanf... Read more...
An excellent study published last month by a research group at the London School of Economics looks at the differences in economic activity in varying parts of the UK. The finding are intriguing and sometimes ... Read more...
Scottish Secretary David Mundell has told opponents of Brexit to stop bandying about “damning figures” such as an analysis that Aberdeen will be worst hit by the divorce from Brussels. The London S... Read more...
25 October 2017
However, the Department for Exiting the EU recently rejected requests to publish the analysis, arguing that there was a risk of a knock-on effect on national and regional economies . But the Lib Dems have work... Read more...
But the analysis will be shared with the Scottish government, David Davis told a committee of MPs. Mr Davis told the Brexit select committee that publishing the analysis could undermine the national interest. ... Read more...
It is still unclear whether we are heading for a ‘hard’ or ‘soft’ Brexit but, amid calls for a second referendum, it is important that voters are told about the UK Government’s ow... Read more...
Snippet: Discussion of study on cost of Brexit for Scotland ... Read more...
24 October 2017
Scotland’s biggest cities stand to lose billions of pounds if the UK government fails to secure a Brexit deal, the Liberal Democrats have claimed (Hamish Macdonell writes). The party commissioned analysi... Read more...
Tory whip writes to every vice-chancellor to ask for syllabus and any online material Academics are accusing a Tory MP and government whip of “McCarthyite” behaviour, after he wrote to all unive... Read more...
Every part of Scotland and the UK as a whole would be affected by a soft Brexit, which would retain access to the single market during a transition period, according to the London School of Economics (LSE). Ho... Read more...
23 October 2017
Birmingham would be the second most damaged city in Britain by a hard Brexit, new research has revealed. The city's economy would lose £6.82 billion over five years. The figures, published by the res... Read more...
London boroughs from the suburbs to the City stand to lose billions of pounds from Brexit, new research revealed today. The impact of a “hard” exit without a trade deal would cost the capital&rsquo... Read more...
Newcastle’s economy would shrink by £1.92bn, a fall in economic output of 5%. The figures, published by the respected Centre for Economic Performance at the London School of Economics, show how muc... Read more...
Using calculations based on research by the London School of Economics, the Lib Dems say that if the UK exits the EU in March 2019 without a deal, Britain’s economic output in the five years after Brexit... Read more...
22 October 2017
An LSE study two years ago found that schools that banned phones did 6.4 per cent better in exams. ... Read more...
21 October 2017
Leaving the EU will cost Britain £430billion over five years if no deal is done, research suggests. Even a “soft” Norway-style Brexit could cost the country £235billion – spa... Read more...
Modern-day inventors–even those in the league of Steve Jobs–will have a tough time measuring up to the productivity of the Thomas Edisons of the past. That’s because big ideas are getting har... Read more...
20 October 2017
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion ($23.7 billion) in annual revenue and as many as ... Read more...
19 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
UK economic performance has been poor since the vote to leave the EU in June 2016, but has not been the catastrophe that many predicted. Nicholas Bloom (Stanford) and Paul Mizen (Nottingham University) dr... Read more...
17 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
Industrial robots are high-quality, productive workers; humans can’t match their output. Because of these steel-collar workers and their peerless output—around the clock if necessary!—p... Read more...
The South-East is not the country’s productivity engine, rather a band stretching west from the capital towards Bristol is, according to a new LSE report which challenges prevailing wisdom on the uneven ... Read more...
12 October 2017
The UK Centre for Mental Health calculated that presenteeism from mental ill health alone costs the UK economy £15.1 billion (S$26.5 billion) per annum, while absenteeism costs £8.4 billion (S$14.4... Read more...
Alex Eble, Peter Boone and Diana Elbourne, The World Bank Economic Review, Volume 31, Issue 3, October 2017 DOI: 10.1093/wber/lhw034 Related links Peter Boone CEP Alumni webpage: http://www.effi... Read more...
10 October 2017
Fort Payne, Alabama was the former “Sock Capital of the World” until a trade deal triggered job losses. In this installment of #WorkInProgress, we show how one sock maker is pushing to keep “... Read more...
A working group will be set up to prepare Pembrokeshire for the effect of Brexit, following a council vote. The county could lose £35.4m in trade if the United Kingdom opts for a "hard" Brexit,... Read more...
09 October 2017
When it comes to debating a work-from-home policy, there are two schools of thought on the subject. While one group believes employees will abuse the system and productivity will be lost, the other believes th... Read more...
06 October 2017
Brexit will hit Pembrokeshire harder than the Sea Empress disaster, according to a comparison made in a report for Cabinet next week. The Director of Development’s report ahead of an agenda item called &... Read more...
Speaking mainly about vending machines and industrial robots. A study by George, Graetz of Uppsala University and Guy Michaels of the London School of Economics, which investigated the impact of roboticisation... Read more...
Finally, the jobs most susceptible to automation are routine jobs that are made up of few, repetitive tasks, which tend to be lower- or middle-skill jobs. Non-routine jobs, on the other hand, require interpers... 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...
"Ideas, and in particular the exponential growth they entail, are getting harder and harder to find," according to a recent study by the National Bureau of Economic Research in the United States. The... Read more...
03 October 2017
Financial services aren’t as London-centric as the creative industries, and the coast-inland divide is growing, write Sandra Bernick, Richard Davies, and Anna Valero. The UK’s financial services... Read more...
02 October 2017
For instance, as reported by the Guardian, a 2015 study called “Ill Communication: Technology, Distraction & Student Performance” found that, after schools banned mobile phones, the test scores... Read more...
Another study, published by a journal of the London School of Economics and Political Science, found that student test scores rose in four schools that banned cell phones, with most of the rise occurring among... Read more...
According to a survey conducted by Stanford University Professor of Economics Nicholas Bloom in Singapore, those who work from home are happier than those who work in the office. We asked the people who work a... Read more...
01 October 2017
Whether students are better off under more lax phone rules is yet to be determined, according to some school officials who said their policies are still too new to properly evaluate. But some recent studies ha... Read more...
This is stated in the unique study of Stanford University economics professor Nicholas Bloom. According to the study, the number of people working from home has tripled in the last 30 years. However, the numbe... Read more...
30 September 2017
"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
But the exploitation of currently available knowledge is far from complete A recent paper by Nicholas Bloom, Charles Jones and Michael Webb of Stanford University, and John Van Reenen of the Massachusetts I... Read more...
There may come a whole range of inventions that we can hardly imagine today. Already existing innovations also need some time to affect productivity in production chains. This concerns robotics and a range of ... Read more...
27 September 2017
A new working paper at the NBER looks into the productivity of research effort, that is, how research effort correlates with an increase in output. ‘Are Ideas Getting Harder to Find‘, authored by N... Read more...
26 September 2017
Over the last decade, economists have worked hard on the impact of management on productivity. The effectiveness of management, measured by a set of indicators (quality of internal monitoring, setting clear ob... Read more...
Article by Sandra Bernick, Richard Davies and Anna Valero: The UK’s financial services industry is not nearly as London-centric as the creative industries. Rather than the South East of England being the... Read more...
25 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...
Nicholas Bloom, a SIEPR senior fellow and co-author of a paper released this week by the National Bureau of Economic Research, contends that so many game-changing inventions have appeared since World War II th... Read more...
In recent work, Graetz and Michaels looked at 14 industries (mainly manufacturing industries, but also agriculture and utilities) in 17 developed countries (including European countries, Australia, S... Read more...
23 September 2017
The M4 corridor is more productive for the British economy than the southeast, report finds A study into the industrial breakdown of the country by the Centre for Economic Performance (CEP) at the London Sc... Read more...
22 September 2017
And if your boss is on the fence, here’s a compelling case study — from economics professor Nicholas Bloom — to show her. Imagine a person working from home. If you pictured somebody in pajam... Read more...
20 September 2017
Article by John Van Reenen What are the costs and benefits of regulation? Most countries treat smaller firms more generously when it comes to business regulation, exempting them from some of the burdens on ... Read more...
Article by Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb: The rate of productivity growth in advanced economies has been falling. Optimists hope for a fourth industrial revolution, while p... Read more...
Research from the Centre for Economic Performance at the London School of Economics, which developed a management performance score based on employee ratings of supervisors, found that Britain ranked fifth out... Read more...
Research from the Centre for Economic Performance at the London School of Economics found that the problem was particularly prevalent in Great Britain, with the country scoring just 3.03 out of five for manage... Read more...
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
A fascinating new paper by Nicholas Bloom and colleagues at Stanford and MIT has created waves by claiming that ideas are getting harder to find, which implies that many more researchers are needed to maintain... Read more...
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
14 September 2017
Effects would seem to be beneficial: a report from the Center for Economic Performance of the London School of Economics, published in 2015, estimated 6.4% improvements following bans, a week more than "r... Read more...
…the “dearth of new ideas” thesis still resonates. A new paper from Stanford’s Nicholas Bloom, Charles Jones, Michael Web and MIT’s John Van Reenen examines this particular aspec... Read more...
According to research by economists Louis-Philippe Beland and Richard Murphy published in 2015 on the British Center for Economic Performance at the London School of Economics in four English cities, combining... Read more...
13 September 2017
A team of top boffins is starting to worry that humans are running out of ideas and are citing the tech industry’s inability to come up with a solution for Moore's Law as a case study. Economic resea... Read more...
To what extent does the quality of management matter for a business to be successful? ask Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen ... Read more...
In the recent shift from outsourcing manufacturing, many pundits have argued that the addition of more robotic job automation the more manufacturing jobs would be lost. This correlation has recently been the s... Read more...
12 September 2017
Earlier in the summer, research from think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics revealed Reading is likely to be one of the areas hit hardest by Brex... Read more...
Great Yarmouth High isn’t the only school in the county stepping up its strictness in attempt to improve its reputation. Tim Gibbs, headteacher of Reepham High, hopes the school’s new ban on mobile... Read more...
11 September 2017
Research just isn’t as effective as it used to be In a paper published Monday through the National Bureau of Economic Research, "Are Ideas Getting Harder to Find?", economics professors Nich... Read more...
A paper published by the London School of Economics in 2015 found banning mobile phones in schools resulted in a 6.41 per cent improvement overall in the school's' performance. ... Read more...
10 September 2017
In the academic paper ‘Robots at Work’, Georg Graetz of Uppsala University and the LSE’s Guy Michaels discovered that, between 1993 and 2007, automated systems encouraged the average GDP of c... Read more...
09 September 2017
Economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics produced a 2015 study which found that between 1993 and 2007, Michaels said, there was “a negative effect ... Read more...
Snippet: .Is using a smart phone at school really that bad? Schools with an embargo on mobiles saw the test scores of 16-year-olds improve by 6.4 per cent on average, while the results of lower-achieving stude... Read more...
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 third reason to focus on Germany is a practical one. Detailed German labor market data are merged with the same data on industrial robots, that is also used by Acemoglu and Restrepo (Robots and J... Read more...
07 September 2017
In 2015, economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics analyzed the effects of industrial robots on employment in 17 different countries between 1993 and 2007... Read more...
I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the local economic impacts of Bre... Read more...
A report by the London School of Economics' Centre for Economic Performance had suggested Brexit would leave all British cities adversely affected. Related publications ‘Brexit, Trade and the E... Read more...
06 September 2017
The Centre for Economic Performance at London School of Economics has predicted a soft brexit is likely to increase the cost of EU trade by 2%, causing a subsequent 1% fall in British GDP, while a hard Brexit ... Read more...
03 September 2017
Higher skill levels among London’s workforce explains about two-thirds of the productivity gap between the capital and the rest of the country, according to Henry Overman, director of the What Works Cent... Read more...
There's some evidence that banning phones correlates with better academic outcomes: A 2015 study released by the Center for Economic Performance at the London School for Economics and Public Policy found t... Read more...
31 August 2017
Steve Gibbons, a member of a London School of Economics team that has produced a series of reports on the subject, says any claims that infrastructure investment is a cost-effective way of generating growth sh... Read more...
30 August 2017
The Conservatives have called for a national ban following a 2015 study by the London School of Economics which found that schools which banned mobile phones saw an increase in test scores – with improve... Read more...
25 August 2017
Academics at the London School of Economics found schools which restrict access to mobile phones “subsequently experience an improvement in test scores”. They also found banning phones “impro... Read more...
24 August 2017
But the Scottish Government seem intent on leaving the question of mobile phones in the classrooms up to head teachers. A spokesman said: “Head teachers can already ban phones in school if they wish to, ... Read more...
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
Article by Roberto Ganau and Andrés Rodríguez-Pose Whether organised crime undermines productivity has been studied extensively in broad terms, but not at the firm level. This column uses exte... Read more...
19 August 2017
Mention of LSE study that found banning mobile phones from classrooms improved test scores. Click to open ... Read more...
16 August 2017
Article by Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter Klenow, Huiyu Li Slowing growth of total factor productivity has led some to suggest that the world is running out of ideas for innova... Read more...
…A paper in the latest American Economic Review (AER) provides an intriguing perspective on the issue. Tim Besley of the LSE and two Swedish colleagues carried out a very detailed empirical analysis ... Read more...
Mobile phones should be banned from primary schools, according to the Scottish Conservatives. Scottish Conservative MSP Michelle Ballantyne urged the government to overhaul this guidance, calling for an out... Read more...
THE economies of both Tunbridge Wells and Tonbridge will suffer in the coming years due to Brexit, a new report by the London School of Economics claims. Titled The Local Economic Effects of Brexit, the study ... Read more...
Snippet: ...Scottish MSP Michelle Ballantyne highlighted research by academics at the London School of Economics into the impact of banning mobile phones in schools. The authors concluded schools that restrict... Read more...
Headteachers should have the power to ban mobile phones in schools, a Tory MSP has said. South Scotland MSP Michelle Ballantyne has urged the Scottish Government to overhaul its 2013 guidance on the use of mob... Read more...
15 August 2017
14 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...
A rebalancing is long overdue. “Regional disparities are wider in the UK than other western European countries,” according to the London School of Economics’ Centre for Economic Performance. ... Read more...
12 August 2017
Experts have predicted that Thanet would be the hardest hit area of Kent in a 'soft Brexit' scenario. A new study by the London School of Economics revealed that Thanet could lose £27.2 million &... Read more...
10 August 2017
What if there is no deal? A “very, very bad outcome,” in the words of Chancellor of the Exchequer Philip Hammond. The U.K. would regain control of laws, money, immigration and ability to negotia... Read more...
People up and down the country can ill afford for silly season squabbles to distract us from the complexity of Brexit …amidst the summer politicking and parties, a new report by Centre for ... Read more...
A London School of Economics report in June showed that Britain was one of just three out of 28 countries that saw wages fall in real terms between 2007 and 2015. The only country where wages fell more... Read more...
09 August 2017
Antoine Dechezleprêtre and Misato Sato, Review of Environmental Economics and Policy, Volume 11, Issue 2, July 2017 ... Read more...
08 August 2017
Their research found that every local authority would be negatively affected under either scenario but concluded that the economic impact of leaving the single market and customs union would be around twice as... Read more...
06 August 2017
A new report by think tank Centre for Cities and the Centre for Economic Performance (CEP) predicts Worthing will be on the places hit hardest by an expected downturn in trade after the country leaves the... Read more...
Snippet: Philip Hammond has said that if every region of the UK could match the productivity of London and southeast England, there would not be a productivity problem. The London School of Economics, which re... Read more...
A recent critical work on a study by Philippe Aghion [1] suggests a parallel (heroic) with Marx's considerations on innovation. This contribution, after having quickly pointed out the contradictions s... Read more...
05 August 2017
New research suggests that Slough will be among the top five UK urban areas to be negatively impacted by Brexit. A report by the London School of Economics Centre for Economic Performance and think tank Centre... Read more...
A new report put Reading in third place of areas worst hit by a hard Brexit A new report by the think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics reveals... Read more...
02 August 2017
Tackling the question, ‘What’s the future of work’, are: Professor David Graeber of LSE’s Department of Anthropology; Dr Aleks Krotoski, social psychologist, technology journalist and f... Read more...
01 August 2017
The authors of the report, Naomi Clayton and Professor Henry Overman of the LSE’s Centre For Economic Performance, said: “All British cities are set to be negatively affected as a result of higher ... Read more...
Research done by Graetz and Michaels has shown that robots are contributing to historic production growth since their entrance into the manufacturing industries. Overall, it shows that between 1993 and 2007, r... Read more...
31 July 2017
The London School of Economics has published an analysis of the possible effects of a ‘hard’ and ‘soft’ Brexit on towns and cities all over the country. The report predicts that Swin... Read more...
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...
We are also now beginning to see why Scots voted 2:1 to remain in the EU. The thinktank Centre for Cities has predicted that Scotland’s major cities will suffer the worst consequences of Brexit, hard or ... Read more...
30 July 2017
Middlesbrough has been singled out as one of the places which could be hardest hit by Brexit. As the debate over the terms of the UK’s exit of the European Union continue to be debated, the potential ... Read more...
Brexit will hit hardest in the South of England, according to new research. But although the more prosperous cities of the South will lose the most, they will find it easiest to adapt. Aberdeen in the Nor... Read more...
29 July 2017
Brexit will hit Scottish oil capital Aberdeen the hardest of all Britain’s cities, with London also ranking highly and facing a medium-term blow to economic output of as much as 2.6 percent, academics at... Read more...
28 July 2017
Woking has the highest density of golf courses of anywhere in the UK at more than 10% According to The Guardian , Surrey has more land for golf courses than homes thanks to planning policies that ensure the... Read more...
The study by the Centre for Cities and the Centre for Economic performance at the London School of Economics found that cities with large high-skilled service sectors, such as business and financial services, ... Read more...
Smaller cities Crawley and Barnsley are predicted to have the lowest downturn in economic output of either a "hard" or "soft" Brexit, alongside cities like Hull and Wakefield. A new report ... Read more...
Aberdeen and Edinburgh are the cities set to take the biggest financial hit when the United Kingdom leaves the European Union, according to a think tank that predicts a downturn in trade even if ministers stri... Read more...
The impact of Brexit on Aberdeen’s economy will not be as bad as predicted, according to junior Brexit minister Robin Walker. Mr Walker was responding to a bombshell report from the Centre for Cities, wh... Read more...
…Evidence again that any form of Brexit will do more damage to Scotland’s farming sector than it will to the UK as a whole. At least the city economies will be OK though? Not a chance. The report ... Read more...
Aberdeen can rise to the challenge of finding news ways to boost the economy, politicians and industry leaders said today. The confident comments come despite a report yesterday that predicts Brexit will hit A... Read more...
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...
All areas of the North East would be hit by Brexit and may take longer to recover than other parts of the country, a new study says. The study by the Centre for Cities and the Centre for Economic Performance (... Read more...
Wealthy Southern cities are predicted to be hardest hit by Brexit, according to a new report. The study, by the Centre for Cities and the Centre for Economic Performance at the London School of Economics, foun... Read more...
A think tank analysed the potential impact of both a “hard” and “soft” Brexit on British cities in the 10 years following the implementation of new trade arrangements with the EU. It is... Read more...
27 July 2017
All cities in the UK are looking set to see a fall in economic output regardless of whether a ‘hard’ or ‘soft’ Brexit is delivered, experts have today warned – but more prosperous... Read more...
Centre for Cities and Centre for Economic Performance analysis also places Edinburgh sixth in a top ten of urban conurbations hit most if the country fails to strike a deal with the EU. Related publications... Read more...
Aberdeen will be the hardest hit city in the UK by Brexit, according to a new report on the economic impact of withdrawal from the European Union (EU). Other cities or urban areas such as London, Slough and Ed... Read more...
Worthing is among the top ten towns that will suffer the most by Britain’s exit from Europe, according to a study that overturns assumptions that poorer areas of the UK will suffer the most. For the firs... Read more...
Cities that are successful and have large high-skilled service sectors, mainly located in the south of England, will be hit the hardest by Brexit, whether it is ‘hard’ or ‘soft’. A repo... Read more...
A new report today named Aberdeen as the UK city predicted to be the worst-hit by a so-called hard Brexit. London and Edinburgh also ranked in the top 10 list compiled by researchers at the think tank Centre f... Read more...
Research done by the Centre for Economic Performance (CEP) at the London School of Economics and the Centre for Cities predicted an economic downturn of 3.7 per cent for Aberdeen and 2.7 per cent in Edinburgh ... Read more...
The joint Centre for Cities and Centre for Economic Performance study predicts that Bristol’s economic output will decrease by up to 2.6 per cent – the 11th worst-hit city in the country. However, ... Read more...
The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry G. Overman writes that it ... Read more...
Article by Henry Overman I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the l... Read more...
In a new study from London’s Center for Economic Research [sic], the analysis offered by George Graetz and Guy Michaels of Uppsala University and the London School of Economics, respectively, offers some... Read more...
24 July 2017
In 2005 David Clark, a professor of psychology at Oxford University, and the economist Richard Layard, a member of the House of Lords, concluded that providing therapy to people like Oliver made economic sense... Read more...
Although workforces are becoming more spread out and technologies such as videoconferencing are making workplaces more fluid, employees who work exclusively from home are still getting a bad rap. Their jobs ar... Read more...
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
Graph credit: Graetz and Michaels, “Robots at Work" - taken from the Brookings Institute article located here- which manages to interpret data from the Graetz and Michaels study rathe... Read more...
19 July 2017
But it seems that the assumption is just a false assumption-if it can not be wrong. In fact, reported Inc.com report on Tuesday (07/17/2017), Professor Nicholas Bloom as an economist from Stanford recently exp... Read more...
18 July 2017
But what many ignore or is difficult to accept, is that when working from home, productivity increases. The latest statement is reflected in a study by Nicholas Bloom, a researcher at Stanford University, who ... Read more...
Nicholas Bloom, a professor at Stanford University, was interested in the phenomenon of working from home, a particular mode of work that allows employees of a company to stay at home rather than going into sp... Read more...
16 July 2017
A similar trend can be observed at the organizational level. A recent study by Erling Bath, Alex Bryson, James Davis and Richard Freeman has shown that the spread of individual wages since the 1970s is linked ... Read more...
14 July 2017
IFR quoted OECD's research results. Companies that introduced innovative technology said they are more productive than 2-10 times more than companies that do not. Also cited a study by Graetz and Michaels ... Read more...
13 July 2017
Article by Giuseppe Berlingieri, Patrick Blanchenay and Chiara Criscuolo The corporate landscape has become increasingly unequal, with the most productive firms thriving and the least productive ones failin... Read more...
Nicholas Bloom, a professor at the Stanford Graduate School of Business, conducted a study on a large, multi-thousand research group: employees of a Chinese travel company Ctrip. Have not you heard of her? Not... Read more...
12 July 2017
Research by Cesar Hidalgo and his colleagues at MIT reveals that, in countries where sectoral concentration has declined in recent decades, such as South Korea, income inequality has fallen. In those where sec... Read more...
Working from home gets a bad rap. Google the phrase and examine the results—you’ll see scams or low-level jobs, followed by links calling out “legitimate” virtual jobs. But Stanford Gra... Read more...
Letter from Edwin Loo, Singapore Singapore is one of only a few jurisdictions in the world to have successfully implemented a comprehensive system of land value capture through betterment taxes and revenues... Read more...
According to the report of "The Impact of Robots on Productivity, Employment and Jobs" published by the International Robot Federation (IFR) recently issued by the Korea Robot Industry Promotion Agen... Read more...
11 July 2017
Snippet: ... signs of faltering market with a slight drop in house prices month on month quarter-on-quarter but they're still up on a year ago a man quoted in many areas house prices crash stories was Prof... Read more...
09 July 2017
Newspaper headlines this week have been shouting about a crash in the housing market. Massive collapse! Property prices could plunge! We hear from the man quoted in many of those stories, Professor Paul Cheshi... Read more...
08 July 2017
On the fifth list that I use for the rankings of the Netherlands increased rankings again though. Dutch were something happier and are now a position higher, at place 6 of the Happiness index of economists Ric... Read more...
07 July 2017
Several empirical studies have sought to determine whether recent technological advances have reduced the aggregate demand for work or hindered wage growth. For example, Terry Gregory, Anna Salomons and Ulrich... Read more...
There are many benefits to putting happiness at the centre of business and policy decisions, says economist Jan-Emmanuel De Neve, a professor at the University of Oxford’s Said Business School. He points... Read more...
06 July 2017
According to a study by the London School of Economics (LSE), with the participation of the Organization for Economic Cooperation and Development, most human misery is not due to economic factors, but to faile... Read more...
Globalisation, technological progress and a range of policies and institutions are driving ‘Great Divergences’ in wages and productivity, write Giuseppe Berlingieri, Patrick Blanchenay and Chiara C... Read more...
05 July 2017
Observing 17 European countries, Georg Graetz and Guy Michaels (2015) estimate that the diffusion of industrial robots has stimulated labor productivity, value added, wages and overall factor product... Read more...
04 July 2017
The average employee in the finance industry loses more than 20 minutes per day of productive time to faulty IT. This is ironic in a sector which has always been proud of its trail-blazing attitude to be an ea... Read more...
30 June 2017
As has become the tradition for our last post of the academic year, we’re featuring summer reading recommendations from special people at LSE. This year, two winners of the LSESU Teaching Excellence Awar... Read more...
26 June 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...
Encouraging better work-life balance does not lead to higher productivity, academics at London School of Economics found. Neither does forcing workers into miserable servitude. Related publications &lsqu... Read more...
There are other consequences of using mobile phones as well. A research published by London School of Economics argues that banning pupils from carrying mobile phones in schools showed a sustained improvement ... Read more...
25 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
Nick Bloom – a Stanford GSB expert shows how companies and employees benefit from workplace flexibility. Related publications Does working from home work? Evidence from a Chinese experiment, Nichol... Read more...
22 June 2017
Stanford Graduate School of Business professor Nicholas Bloom says requiring employees to be in the office is an outdated work tradition, set up during the Industrial Revolution. Such inflexibility ignores tod... 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
High-speed rail has triggered a wave of innovation , according to a London School of Economics and Political Science discussion paper by Lin Yatang, Qin Yu and Xie Zhuan, which describes a 20 per cent increase... Read more...
Of made, in one of the pioneers on the subject drawn up by Georg Graetz and Guy Michaels in 2015 and in which analyzed data from 17 countries advanced from 1993 to 2007, found that, as seen in the following im... Read more...
16 June 2017
In fact, in one of the pioneering works on the topic developed by Georg Graetz and Guy Michaels in 2015 and analyzing data from 17 advanced countries from 1993 to 2007, find that, as seen in the following imag... Read more...
In total, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain part of the EU’s common market. Related publications ‘#GE2017Economists: The... Read more...
10 June 2017
A year ago, in June 2016, the British voted on their country's EU membership. Economists and financial markets were in bright turmoil and warned of the consequences of a Brexit. Today, twelve months later,... Read more...
08 June 2017
The London School of Economics (LSE) has published a report assessing all of the party manifestos and how respective policies will affect key voter issues. Intended to be "objective, brief and non-tech... Read more...
06 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...
For the first time in years, UK voters have a real choice between economic models The Centre for Economic Performance at the London School of Economics has published a series of election analyses, looking a... Read more...
Although last year's vote to quit the EU has had "no obvious effect" on GDP growth, the collapse in the value of the pound - down 13% against the US dollar and 9% against the euro by the end of l... Read more...
31 May 2017
Article by Ross Levine; Yona Rubinstein ISSN 0033-5533, EISSN 1531-4650. Related publications ‘In brief...'Smart and illicit': the making of a successful entrepreneur’ R... Read more...
25 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...
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
17 May 2017
In the period 1993-2007, Graetz and Michaels found that in 14 industries in 17 developed countries including Australia, industrial robots increase labour productivity, total factor productivity and wages. They... Read more...
Article by Nicholas Bloom, Erik Brynfolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta Eksten and John Van Reenen Disentangling the relationship between management practices and productivity ha... Read more...
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...
Article by Giuseppe Berlingieri, Patrick Blanchenay and Chiara Criscuolo Some firms pay well while others don’t; and some are highly productive while many aren’t. This column presents new firm-l... Read more...
15 May 2017
‘The first of these studies uses an industry-level robotics dataset to estimate the impact of the implementation of industrial robots on wages, productivity nd working hours from the 1990s to 2007 ... Read more...
14 May 2017
In 2015 by Georg Michaels[SIC] and Guy Graetz [SIC] published evidence from a dataset of companies in 17 countries gathered between 1993 and Subject articles 30 CLR News 1/2017 2007. They suggest that, while p... Read more...
12 May 2017
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 Nicholas Bloom, Erik Brynjolfsson, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen Our analysis of the Census data, conducted with Lucia Foster and Ron Jarmin of the U.S. Census Bureau and... Read more...
18 April 2017
On Monday, Swati Dhingra of the London School of Economics told the Royal Economic Society annual conference that most academic economists had predicted a 1-3 per cent fall in economic output by five years aft... Read more...
10 April 2017
Researchers Maarten Goos and Alan Manning posit in “Lousy and Lovely Jobs: the Rising Polarization of Work in Great Britain” that there is a general “hollowing out of middle income routine jo... Read more...
10 March 2017
While skills shortages are a crucial element, they are not the only factor behind Britain's weak productivity, said London School of Economics researcher Anna Valero. Low business investment, a lack of foc... Read more...
08 March 2017
07 March 2017
The government is refusing to say whether more funding will be given to two “pioneering” FE research centres after their start-up grants end shortly. Meanwhile, the Centre for Vocational Educati... Read more...
03 March 2017
A brake to the concentration. Still, according to a study of 2015 to the United Kingdom by the London School of Economics, the use of the current mobile phone impair concentration. The study, which looked at t... Read more...
Research by the London School of Economics in 2015 calculated that at maturity, in schools where the mobile phone is banned, the boys get ratings of 6.4% higher. Related Publications In brief ... Phone h... Read more...
According to a study published in the journal of the London School of Economics in may 2015, the ban on mobiles in schools would be beneficial for the academic performance of students. Researchers have shown t... Read more...
02 March 2017
Britain needs to attract more skilled migrants than ever, improve skills and education, strike trade deals with the European Union and America and secure a new EU passport for financial services. ESRC's... Read more...
24 February 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
A recent paper by David Autor, David Dorn, Lawrence Katz, Christina Patterson and John Van Reenen speculates that tech might have enabled the rise of a few “superstar” companies in each industry. T... Read more...
15 February 2017
New research claims leaving the EU will have bigger impact on UK productivity than had been thought Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, ac... Read more...
09 February 2017
Britons' incomes could be slashed by as much as 9.5 percent once the U.K. formally leaves the European Union, a new study released today by MIT economics professor John Van Reenen has claimed. The repor... Read more...
08 February 2017
There are several worrying trends in the global economy, such as rising inequality within countries and slowing productivity growth. But perhaps the most troubling of them is the fall in labor’s share of... Read more...
27 January 2017
And it isn't "infrastructure" Improving our management skills is part of this. John van Reenen at the London School of Economics has written about how the quality of management in different co... Read more...
25 January 2017
Snippet: ...Mention of LSE research on productivity in UK compared to productivity in France and Germany ... that LSE researchers suggest that by Thursday lunchtime the other countries have produced... 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...
El predominio de las firmas de menos de 10 empeados es in obstaculo para la productividad e internacionalizacion Article by Luis Garicano, Claire LeLarge and John Van Reenen The prevalence of firms of le... Read more...
22 January 2017
Article by Swati Dhingra No access to EU’s single market and replacement deals potentially decades away heightens uncertainty for UK businesses. Theresa May’s speech on Tuesday was the govern... Read more...
18 January 2017
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
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
Investors should brace themselves for more profit warnings in 2017. This isn't simply because economic growth will slow this year: economists expect an expansion of only 1.2 per cent this year after 2 p... Read more...
04 January 2017
A study published in 2011 examined CEOs in the top-100 best hospitals in USNWR in three key medical specialties: cancer, digestive disorders, and cardiovascular care. A simple question was asked: are hospitals... Read more...
27 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
Economists Nicholas Bloom of Stanford and John Van Reenen of the Massachusetts Institute of Technology (along with several co-authors) have been compiling evidence for a while now that companies that follow ma... Read more...
21 December 2016
An economist claimed Messi would be in prison now in the United States Economist Luis Garicano was recently elected by the Ciudadanos to take over one of the vice presidencies of the Party of the Alliance o... Read more...
20 December 2016
More than 90 per cent of teenagers have mobile phones, but a study by the London School of Economics claimed schools where they were banned saw test scores rise by an average of 6 per cent. ... Read more...
30 November 2016
Skills policies would ideally be co-ordinated with the government’s proposed new industrial strategy. “In the long-run, skills are really important for growth,” said Stephen Machin, co-chair ... Read more...
21 November 2016
HUGE THREAT TO ECONOMY TO OVERSHADOW TORY BUDGET The Scottish National Party has said that the threat of a hard Brexit will be the ‘elephant in the room’ at the Autumn Statement. “The T... Read more...
20 November 2016
The impact on productivity is as bad. The LSE (Centre for Economic Performance) suggests reduced trade will reduce productivity amounting to between 6.3 per cent and 9.5 per cent of GDP. This article was pu... Read more...
Moreover, the recent “Robots at Work” study carried out by Uppsala University and the London School of Economics (LSE), found that, as of 1993, the U.K. ranked eighth out of 17 developed countries ... Read more...
17 November 2016
Dr Swati Dhingra joined the discussion programme. The topic was the demonitization of the 500 and 1000 rupee notes in India. The interview was broadcast by Al Jazeera television on November 15, 2016 ... Read more...
15 November 2016
A study carried out by the Centre for Economic Performance at the London School of Economics shows that these students have a positive effect on the English students. "Data from the Catholic schools, w... Read more...
13 November 2016
We have gone back to the post-Brexit growth forecasts made earlier this year by six organisations – the NIESR, the Treasury, the OECD, the London School of Economics, the Confederation for British Indust... Read more...
07 November 2016
Trump’s true legacy will be that of rural vandalism on a colossal scale. A unique wilderness at Menie destroyed for a golf course. This was a site of Special Scientific Interest, the highest environmenta... Read more...
01 November 2016
Pupils make substantially more progress in literacy if they follow a pen-and-paper course than if they take a similar programme online, new research has found. Researchers working with pupils in 51 primary schools found ... Read more...
28 October 2016
EU trade ministers have had Belgium on their minds today - but rather than tucking into chocolate and waffles they've been dealing with the more unappetizing problem of a regional Belgian parliament that's blocking thei... Read more...
18 October 2016
Foreign direct investment is also much more economically potent than the domestic variety. It brings with it new technological and managerial knowhow that can dramatically boost productivity, according to London School o... Read more...
17 October 2016
The pound has lost nearly 18 per cent of its value against the dollar since Britain voted Brexit, two per cent more than during the 2008 financial crash. On Thursday it reached its lowest point for 168 years. ''Movements... Read more...
14 October 2016
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
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
Last year, a study by the London School of Economics claimed schools where mobile phones were banned saw test scores rise by an average of 6%. Perhaps a study should look at the gains such a move could make when it comes... Read more...
25 September 2016
However, land regulation may play a bigger role. According to a recent paper by Christian Hilber and Wouter Vermeulen of the London School of Economics, alongside Greater London, scarcity of open, developable land is gre... Read more...
24 September 2016
Alzheimer's and other forms of dementia affect huge numbers of people - a third of all over-80s have some form of dementia, estimates the US CDC. This has two key effects. Firstly, Alzheimer's is a major killer in its o... Read more...
23 September 2016
Even [Sadiq] Khan's predecessor Boris Johnson campaigned with several plans to build 55,000 new homes in London and to slow down the price increase caused by demand pressures. Up to the end of his tenure, he failed. Khan... Read more...
22 September 2016
A paper by Nicholas Bloom and others, from Stanford University, finds that well-managed firms perform better than their peers and make a greater contribution to a nation's total-factor productivity. ... Bloom and colleag... Read more...
18 September 2016
There have been major changes to Ireland's apprenticeship system over the past few years, and now the overall number of apprentices is expected to increase to about 10,700. And, although Ireland's apprenticeship system i... Read more...
13 September 2016
Dennis Novy interviewed. The topic was the Transatlantic Trade and Investment Partnership (TTIP) and the recent political backlash from France and Germany. The interview was broadcast on the BBC Radio 4 The World Ton... Read more...
30 August 2016
''We estimate fixed effects models at the sub-national level between 1950 and 2010 and find that increases in the number of universities are positively associated with future growth of GDP per capita (and this relationsh... Read more...
23 August 2016
Brexit will be deeply damanging to Scotland's economy, warns Nicola Sturgeon. ...by the Treasury, the National Institute of Economic and Social Research and the London School of Economics' Centre for Economic Performanc... Read more...
For the past decade, Stanford economist Nicholas Bloom and a rotating crew of co-authors (most consistently MIT's John Van Reenen) have been documenting that the management best practices developed at high-performing com... 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
By Brian Bell, Associate Professor, Department of Economics, and John Van Reenen Director of the Centre for Economic Performance and Professor of Economics at the London School of Economics. Originally published at VoxEU... Read more...
08 August 2016
In a 2015 study, ''Robots at Work'', economists at Sweden's Uppsala University and the London School of Economics looked at the economic impact of robots from 1993 to 2007. They found that the use of robots in advanced e... Read more...
06 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...
03 August 2016
Professor Saul Estrin of the London School of Economics has shown, for example, that an increase in the level of employee participation in the running of an enterprise from zero to full participation increases output by ... Read more...
02 August 2016
Professor Curran said said non-tariff barriers could raise costs for NI farmers by between 2% and 4% and a recent study by the Centre for Economic Performance (CEP) found that a 2% increase in non-tariff barriers could a... Read more...
27 July 2016
The evidence is that foreign managers improve the companies they acquire A paper by Nick Bloom of Stanford University and others shows that the David Brents can learn from the Jack Welches: when they take over British f... Read more...
20 July 2016
Finally, there is the low reputation of economists, the result of a global financial crisis that only a few in the profession warned us against. But the institutes that analysed the risks and rewards of Brexit can hardly... Read more...
Artificial intelligence is bound to exacerbate inequalities but why are economists still for it platforms That is to say, technical parts of the economy made great contribution to productivity growth. In 2015 a 17-count... Read more...
16 July 2016
Various analysis have shown that Brexit will adversely affect Britain's economy. According to the Centre for Economic Performance, LSE, Britain's economy will decrease by 1.3 per cent to 2.6 per cent without considering ... Read more...
12 July 2016
For example, I have obtained an internal Scottish Enterprise document circulated last week among senior managers declaring the consequences of Brexit for the Scottish manufacturing sector ''to be overwhelmingly negative'... Read more...
09 July 2016
First views on the global economic impact of such episode refer to one (even minor) world growth rate. Thus for example claimed John Van Reenen of the London School of Economics, who said the effect ''disincentive'' to i... Read more...
24 June 2016
The heads of three leading economic think-tanks warned of the dire consequences of leaving the EU. The analysis by National Institute of Economic and Social Research, Institute for Fiscal Studies and Centre for Economic ... Read more...
21 June 2016
The economic impacts of Britain leaving the EU With the referendum fast approaching, Thomas Sampson analyses the economic consequences should Britain vote to leave the European Union. Proponents of Brexit, as leaving ... Read more...
A bad few days for the image of Britain's retail sector PARLIAMENTARY committees are normally sleepy affairs. Backbench MPs get the chance to grill the occasional bigwig. By replying to questions succinctly witnesses ty... Read more...
11 June 2016
Comedian Colm O'Regan takes a look at productivity and its decline in the UK since the financial crisis in 2008. He speaks to Anna Valero from the London School of Economics and Richard Cullen, managing director of ... Read more...
10 June 2016
Intuitively, automation would lead to higher labour productivity. For instance, with labour-assisting technology such as autonomous drone waiters by local firms, we would expect a fall in the number of waiters serving th... Read more...
08 June 2016
Numbers are being thrown around by the Vote Leave and Vote Remain campaigns like they're going out of fashion - but what do the experts say and can we trust them? Six out of seven reports predict a Brexit will hurt us ... Read more...
06 June 2016
The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acrimony and rancour surrounded debates around austerity and joining the euro, but analysis from th... Read more...
27 May 2016
The UK will soon vote on whether to end its 43-year membership in the European Union. Opinion polls suggest the vote is too close to call, with the ''stay'' and ''leave'' side switching leads on a regular basis, and this... Read more...
19 May 2016
However, if there is one thing we as investors don’t like, it is economic uncertainty. As several important bodies have said — the International Monetary Fund, Bank of England, London School of Economics, the Treasury an... Read more...
18 May 2016
With so many heavyweights, from Barack Obama to Mark Carney, saying that we will be worse off with Brexit, why are the polls still neck and neck? There seem to me two reasonable explanations: that the tabloid media have ... Read more...
16 May 2016
Brexit uncertainty ''would tend to push up risk premia'', as InFacts has already pointed out. Funding costs for banks could go up, as would borrowing costs for homeowners and consumers. The UK's current account deficit i... Read more...
12 May 2016
Perhaps the most overlooked aspect of economic inequality has been the role that firms play in it. It's safe to say that a significant part of the growing gap in how well different firms pay can be attributed to the lat... Read more...
11 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
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...
25 April 2016
Britain's postwar record on productivity can be split into two periods: pre and post Margaret Thatcher. Prior to Thatcher, output per hour in Britain was growing more slowly than France, Germany and the US, according to ... Read more...
20 April 2016
Leaving the EU would cause Britain's economy to shrink and tax receipts to plummet, and cost the average household thousands of pounds a year, an official analysis from the UK treasury has warned. The treasury assess... Read more...
18 April 2016
The loss of income per household from reduced trade and lower productivity that would result from the UK voting to leave the European Union could be similar to the decline in UK GDP during the global financial crisis, ac... Read more...
15 April 2016
A leaflet being sent out by Britain Stronger in Europe says: ''Jobs at risk, higher prices and your family worse off by at least £850 a year if we leave Europe.'' Is that figure true? The £850 per household ... Read more...
13 April 2016
Article by Swati Dhingra Like the Out campaigners of the 1970s, Brexit supporters believe EU membership is bad for British workers and the British economy but the data tells another story This article was published onl... Read more...
12 April 2016
Brexit will affect British trade and living standards Article by Swati Dhingra, Hanwei Huang, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen Smaller turnover in foreign trade in the wake of weaker integration ... Read more...
If you're reading this you probably don't need convincing, but one of the most significant milestones in economic research over the last several years was documenting empirically that it really is true. A new paper buil... Read more...
11 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
The article is an in depth summary of Nicholas Bloom and John Van Reenen's research on the difference in management practices. Ideally, this summary highlights the key points of focus as established by the authors. Th... Read more...
07 April 2016
There is a wage premium for getting a first or upper second, find Shqiponja Telhaj and colleagues Since the early 1960s, with developments in the field of human capital research, analysis of the returns to education has... Read more...
01 April 2016
David Cameron has mocked eurosceptics for failing to work together as a new report claims each British family pays £200 a year less thanks to the European Union. ... Meanwhile a report produced by the Centre for E... Read more...
31 March 2016
Swati Dhingra of the Centre for Economic Performance at the London School of Economics talks about the key economics of Brexit. The interview was recorded at the Royal Economic Society annual conference at The University... Read more...
30 March 2016
The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer sk... Read more...
26 March 2016
For over two years, a research team at the Centre for Economic Performance (CEP) has been studying the likely impact of the UK leaving the European Union. Their latest report focuses on the impact of 'Brexit' through cha... Read more...
21 March 2016
The CBI also said savings from reduced contributions to the EU's budget and regulation would be greatly outweighed by the negative impact on trade and investment. Last week a report by the Centre for Economic Performance... Read more...
A British exit from the European Union would wipe as much as 6,400 pounds ($9,300) from average household incomes in the U.K. as trade deals sour, according to research by the London School of Economics. &ldqu... Read more...
18 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...
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...
15 March 2016
John Van Reenen discusses why wages aren't growing. The interview was broadcast by BBC Radio 4 News on March 13, 2016 Link to interview here Also ran on BBC World Service Linda Yueh interview John Van Reenen discus... Read more...
13 March 2016
''In the last seven to eight years, wage growth has been very disappointing in the world,'' says John Van Reenen, director of the Center for Economic Performance of the London School of Economics (LSE). This article was... Read more...
12 March 2016
According to studies conducted by John Van Reenen, director at the Centre for Economic Performance at the London School of Economics and Political Science, differences in productivity between other countries and the US c... Read more...
11 March 2016
UK business R&D would be 10 percent lower in the absence of tax breaks, write Kieu-Trang Nguyen and John Van Reenen. This article was published by the LSE Business Review blog on March 11, 2016 Link to article here ... Read more...
London is not representative of the entire economy of Britain, however; leaving the European Union would cause a large economic shock. The Centre for Economic Performance at the London School of Economics predicted a 6.3... Read more...
07 March 2016
The London School of Economics' Center for Economic Policy[sic] has calculated that, even if trade barriers with other European countries do not significantly increase, per capita income in Britain will fall by between 1... Read more...
05 March 2016
Article by Swati Dhingra and Thomas Sampson In June, UK voters will decide whether to remain part of the EU. This column explores the UK's options if a majority votes in favour of Brexit. One possibility is for the UK, ... Read more...
04 March 2016
Management is thought to play a key role in explaining this gap. In 2012, the results of a decade-long worldwide study carried out by academics at Stanford, Harvard and the LSE found the UK had more badly managed firms t... Read more...
03 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
Dennis Novy gave a live TV interview with Deutsche Welle TV. The topic was the letter issued by various UK business leaders arguing in favour of Britain remaining a member country of the European Union. Dennis discussed ... Read more...
23 February 2016
The UK is still some way off solving the productivity puzzle after final estimates for 2014 from the Office for National Statistics (ONS) showed that productivity was 18 percentage points lower than the average for the r... Read more...
18 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
Article by Jonathan Wadsworth Some commentators have suggested that the latest upswing has been characterised by a greater share of low skilled jobs in the recovery compared to previous upturns. If so then we can all bl... Read more...
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
There is an overall increase in new companies for a range of reasons. One reason has certainly been the economic downturn, which has resulted in people having difficulty find a job and turning to entrepreneurship, accord... Read more...
21 January 2016
Professor Paul Cheshire accused the tycoon of hugely exaggerating the size and benefits of his stake in Scotland and said promises made by him were falling apart at the seams. This article was published by the Mail on ... Read more...
10 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
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...
18 December 2015
Georg Graetz and Guy Michaels (2014) teachers at the University of Uppsala (Sweden) and the LSE, have written a study called 'Robots at Work' that has examined the effects of the use of robots in 14 manufacturing sectors... Read more...
14 December 2015
A recent study by Guy Michaels and Georg Graetz shows that robots might not drive people out of work. Instead they raise productivity which reduces the prices of goods and services. Lower prices increase demand to which ... Read more...
Article by Linda Yueh My own research with John Van Reenen has shown that GDP growth would be lower by between 0.43 to 1% per year if not for joint ventures that allowed for transfers of knowledge and technology, as opp... 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
On video: Vince Cable, Diane Coyle, Bronwyn Curtis and Anna Leach, with John Van Reenen and Robin Mansell LSE Business Review's official launch event took place on 2 December. A panel of top UK economists discussed How ... Read more...
07 December 2015
The Economist quoted a study by John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, which conducted 14,000 interviews and discovered that UK employees score their bosses le... Read more...
04 December 2015
Now, robots in the past have never been job-killers. First investigations of scientists Georg Graetz and Guy Michaels on the effects of robots show an increase in labour productivity, added value and wages, but also a re... Read more...
01 December 2015
THE low productivity of British workers has several possible culprits. Inefficient family-run companies are sometimes blamed, as are poor workforce skills. But whereas these problems are well documented, another factor i... Read more...
28 November 2015
Sustained public investment in research can boost business, writes Romesh Vaitilingam In the government's recent Spending Review, Chancellor George Osborne had surprisingly good news for UK researchers and UK businesses... Read more...
26 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
Anna Valero suggests ways to deal with deficits in skills, infrastructure and innovation. This article was published online by the LSE Business Review blog on 23 November, 2015 Link to article here Related publicati... Read more...
23 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
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, has studied some of the less high-profile strategies employed by companies that are successful over the long term. This... Read more...
11 November 2015
John Van Reenen, Professor of Economics and Director of the Center for Economic Performance at the London School of Economics, joins us to discuss the economics of management, productivity, and information technology. Li... Read more...
09 November 2015
John Van Reenen interviewed about the economics of management, productivity, and information technology. This interview was broadcast by Economic Frontiers on November 9, 2015 Link to article here Related Publicati... Read more...
Other members will include ... a former member of the LSE's Growth Commission and a former chief adviser to the Great London Authority. This article was published online by RTM - Rail Technology Magazine on October 30... Read more...
30 October 2015
Robots are gradually becoming a part of everyday life, and as a result are impacting on the economy. To look at the influence robots are having, Joe Aldridge speaks with Guy Michaels, Associate Professor at the London Sc... 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
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
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
That time difference adds 2.6 percent extra productivity for the professionals, finds an LSE-Columbia-Harvard team. An emerging body of evidence indicates that family management may actually be detrimental for performan... Read more...
14 September 2015
Christopher Pissarides, London School of Economics, the winner of a Nobel Prize, said that Greece still has structural problems such as low productivity and lack of competitiveness. Greece is likely to need international... Read more...
11 September 2015
...Produktivitat und dadurch zu mehr Wachstum'', sagt etwa Gabriel Ahlfeldt, Associate Professor an der London School of Economics (LSE). ''Urbanisation leads to higher productivity and therefore to more growth,'' says ... Read more...
04 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...
03 September 2015
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity ... The interview was published online by Eagle Radio News on September 2, 2015 [Link unavailable] Relate... Read more...
02 September 2015
...Unprecedented and profound mutation in the English system", says Stephen Machin, Professor of Economics at the University College of London (UCL). This article was published online by Acteurspublics on September 1, 2... Read more...
01 September 2015
Leaders could also test whether specific work conditions or policies affect workers' performance. ... Nick Bloom of Stanford University and his colleagues conducted a randomized experiment on working from home using a NA... Read more...
20 August 2015
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
Article by John Van Reenen Unlike most commentators I have actually read Corbyn's ''The Economy in 2020'' as well as the 1983 manifesto. Corbyn's document has several major advantages. First, at 8 pages it is much short... Read more...
15 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...
14 August 2015
Article by Georg Graetz and Guy Michaels The authors say that: ''Industrial robots boost productivity and growth, but effect on jobs is an open question''. This article was published online by the LSE Business Review o... Read more...
13 August 2015
Stanford economics professor Nicholas A. Bloom explains how Alphabet will make investors comfortable: ''There are two benefits of the new structure. One is visibility, in that with the split it makes it easier to model t... 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...
Dennis Novy interviewed on the Transatlantic Trade and Investment Partnership (TTIP) in the light of households in Kenilworth protesting with the message to protect the NHS from TTIP. This article was published by BBC C... Read more...
12 August 2015
Consider a paper presented at the Summer Session of the National Bureau of Economic Research by Raj Chetty, Bloomberg Professor of Economics at Harvard University, ''Innovation Policy and the Lifecycle of Inventors.'' (T... Read more...
10 August 2015
A society where more workers got to use the duvet office would be a happier, more productive one In 2014, Stanford University academics compared the performance of remote employees to those in the office at Ctrip, China... Read more...
05 August 2015
Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of... Read more...
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
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...
... 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
In a March 2015 paper, Robots at Work, Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics concentrate on the economic effects of industrial robots. They base their research on data coll... Read more...
31 July 2015
So if innovation seems to be booming, why has productivity growth been muted? A common argument is that the effect of innovation is being incorrectly measured. The advent of the Sharing Economy, which forms a chapter in ... Read more...
30 July 2015
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 The most eye-catching announcement in today's budget was the National Living Wage. Now, this might be nothing more than a big hike in the minimum wage, but such increases can be beneficial. ... 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...
Article by Max Nathan Despite the recent hype, London's digital sector appears to have shrunk since 2010, with much of the 2000s surge wiped out, and has only recently turned the corner. This article was published onl... Read more...
06 July 2015
A February study by economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics (LSE), using data from the International Federation of Robotics, has shown that robots of the same qual... Read more...
01 July 2015
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...
23 June 2015
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. Researchers analyzed for the first time the economic impact of industrial robots, us... Read more...
20 June 2015
Scientists Georg Graetz of the Uppsala University and Guy Michaels of the London School of Economics come to the following conclusion: the average over 10 percent of increase of the gross domestic product and 15 percent ... Read more...
19 June 2015
Professor Nicholas Bloom from the Department of Economics at Stanford University, with his graduate student James Liang, conducted an interesting experiment at Chinese travel website Ctrip's call center. Employees could ... Read more...
18 June 2015
In fact, there is not much evidence on how even today's automation is affecting employment. Guy Michaels and his colleague Georg Graetz at the London School of Economics recently looked at the impact of industrial robots... Read more...
16 June 2015
Georg Graetz of the Swedish University of Uppsala, and Guy Michaels, of the London School of Economics, consider them, that the automation of services as the industry will perform well, but on one, or even two generation... Read more...
14 June 2015
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
Quality of leadership determines student achievement There is a clear link between management quality and students' academic achievements. It shows an international research study of 1,800 schools in eight countries. Ad... Read more...
12 June 2015
Article by Nicholas Bloom and Renata Lemos There is a clear link between management quality and students' academic achievements. It shows an international research study by Stanford Professor Nicholas Bloom in collabora... Read more...
11 June 2015
Article by Keyu Jin Chinese Prime Minister Li Keqiang recently cited job creation as vital to his country's ''ultimate goal of stability in growth''. His observation could not be more accurate. In fact, one of the mos... Read more...
04 June 2015
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
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
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
... 400 000 emplois publics supprimes La realite est pourtant que son mandat a ete divise en deux parties. L'essentiel des mesures de rigueur a ete realise dans les deux premieres annees: hausse de la TVA, reduction dras... Read more...
07 May 2015
Most economies across the globe have a low, or even shrinking, share of manufacturing jobs. At the same, such firms are increasingly embracing the use of robots in the workplace. Brookings Institute researchers use two ... Read more...
30 April 2015
There's no relationship visible in the numbers between the change in factory employment and robot use, says Mark Muro, senior fellow at the Brookings Institution. In a blog post, he and Brookings colleague Scott Andes to... Read more...
'Robots at Work' - Centre for Economic Performance Discussion Paper No.1335 by Georg Graetz and Guy Michaels posted on the 'Must-Must-Read' blog. The DP was posted on the Washington Center for Equitable Growth's 'To... Read more...
27 April 2015
There hasn't been much macroeconomic research on the impact of robots to persuade commentators to move from anecdote to analysis. However, new evidence begins to shed some light on the macroeconomic role of automation in... Read more...
London School of Economics professor John Van Reenen said Britain was also suffering from government inaction over infrastructure such as high-speed broadband, roads and airports. This article was published online by ... Read more...
26 April 2015
As Pret a Manger becomes the latest company to credit happy workers for improved profits, we examine the evidence that suggests smiling employees might keep the tills ringing. There is a slight problem with anecdotal ev... Read more...
22 April 2015
As far as the government is concerned, London's Tech City is a success. But what effect has it had on employment in the area - and what are the downsides? The LSE's Dr Max Nathan is trying to find out what has worked a... Read more...
21 April 2015
Theories abound over the causes of the UK's slump in productivity since the financial crisis; Some economists, including John Van Reenen at the Centre for Economic Performance, believe the productivity puzzle is a co... Read more...
19 April 2015
If Britain's top economists were in charge, what policies would they implement? Tim Harford sets the challenge. "Low productivity is the number one problem Britain faces" says Van Reenen. "Even before the crisis, it l... Read more...
17 April 2015
Article by Claudia Hupkau The Conversation's Manifesto Check deploys academic expertise to scrutinise the parties' plans. The Liberal Democrats have announced their vision for skills policy over the next parliament in ... 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...
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
The rise of the robots - how automation of the shop-floor is increasing as is the household use of these machines - has been expansively commented upon. But what the gradual adoption of bots has meant for industry, has, ... Read more...
31 March 2015
... go away'', said David Marsden, an expert in employee relations at the London School of Economics. How management deals with the current tragedy could affect the tenor of future talks, said ... This article was p... Read more...
30 March 2015
Few politicians have a credible plan to ensure that Britain's young people can make their way in the world. But Labour at least recognises the problem. In the UK too, as LSE's Steve Machin argues, ''productivity improvem... Read more...
29 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...
27 March 2015
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...
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 John Van Reenen Public service spending is in for a rollercoaster ride. The implication of the Autumn Statement was that public service spending would be cut to levels not seen since 1948. Now they will be 36... Read more...
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
New research from a group of economists at Harvard, the Treasury Department, and the London School of Economics provides a particularly vivid illustration of how disadvantage can harm the economy at large. The researcher... Read more...
16 March 2015
A new study of 17 countries published this week found the introduction of robots to the workplace increased economic growth by 0.37 percentage points and labor productivity by a similar margin. What's more, ''no signific... Read more...
11 March 2015
Article by Dennis Novy If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history. Dennis Novy writes that while the potential bene... Read more...
28 February 2015
Article by John Van Reenen It takes on average a British worker to Friday to do what equivalent workers in Germany and France will complete by the end of Thursday afternoon. Chuka Umunna, Labour's shadow business s... Read more...
24 February 2015
In Switzerland and under the mattress here is where the money goes that Greeks have withdrawn from ATMs The great capitals [wealth], however, are probably already fled. And Switzerland, according to research by economi... Read more...
07 February 2015
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...
29 January 2015
Research by the LSE's Centre for Economic Performance was published in The Review of Economic Studies and involved 61% of all NHS providers of acute care in England. The study shows that adding one extra hospital in a ne... Read more...
During Tuesday's State of the Union address, President Barack Obama announced his plan to expand paid leave for workers, starting with the federal government. Even with three months available to them, few Americans can t... Read more...
21 January 2015
Britain's recovery is secure and will continue at a good pace in 2015 even if growth is likely to be a bit weaker than last year, economists said in one of their most optimistic assessments since the financial crisis. ... Read more...
01 January 2015
The UK government's goal of cutting public spending so public finances are back in the black by 2018-19 with a large annual surplus by the end of the next parliament will not be delivered, most economists believe. How... Read more...
Article by Nicholas Bloom, Raffaella Sadun and John Van Reenen Schools with greater autonomy often perform well, but there is disagreement over whether this is due to better management or cherry-picking of students. Bas... Read more...
07 December 2014
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
Poll respondent Sir Christopher Pissarides, professor at the London School of Economics, said the prospect that governments in London and Edinburgh would compete to attract taxpayers would far outweigh any gains; and adm... Read more...
21 November 2014
Article by Paul Dolan Being happy at work is important. Studies suggest that if you're not happy at work, you're less productive, more likely to take days off sick, and a poor problem solver. Still, some people mainta... Read more...
20 November 2014
Depuis plus d'une dizaine d'annees, une equipe de chercheurs reunie autour de Nicholas Bloom (professeur a Stanford) et John Van Reenen (professeur a la London School of Economics) etudie l'influence des techniques de ma... Read more...
12 November 2014
Nick Bloom and his colleagues studied 700 firms around the world. ''We find more productive, faster growing and better managed firms offer their employees a more attractive work-life balance package'', Bloom said in an e... Read more...
23 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
Studies show that fears about remote workers being 'untrustworthy' and less productive are unfounded; a 2013 study by the London School of Economics and Political Science found that employees able to work from home are m... Read more...
16 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...
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
Article by Dennis Novy If you have been following the TTIP negotiations in the press over the past year, you might have been under the impression that TTIP is a corporate sell-out and nothing but a threat for the averag... Read more...
05 October 2014
Article by John Dowdy and John Van Reenen While government policy will play a key role, the actions of managers and their organizations will decisively influence the realization of global productivity potential in the y... Read more...
30 September 2014
Article by David Blanchflower and Stephen Machin Real wages continue to fall in the UK and elsewhere, yet despite this striking feature of the labour market, some commentators anticipate resurgent pay growth in the ne... Read more...
29 September 2014
Of course with newer forms of technology, showing up for work on time need not mean being physically at a given workplace. A study by the economists Nicholas Bloom, John Roberts and Zhichun Ying of Stanford and James Lia... Read more...
27 September 2014
In a letter to the Financial Times, academics from Scotland and England warn that separation is a gamble with very poor odds. Professor John Van Reenen, Director of the Centre for Economic Performance; Professor Mike El... Read more...
17 September 2014
Liberalisation of planning could therefore lower house prices and rents directly, and there would be a direct boost to building growth. But the real gains would come through a fall in the cost burden associated with prop... Read more...
16 September 2014
En el otro lado, el economista Luis Garicano, tambien de la London School of Economics, advirtio de los ''brutales costes de un divorcio a las bravas'', pero dejo tambien un duro ataque a la actitud del Ejecutivo de Mari... Read more...
02 September 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
In translation: The London School of Economics and Political Science (LSE) along with the Imperial College Business School have conducted a curious study that analyzed the evolution of the price of more than one millio... Read more...
05 August 2014
Home owners in London are willing to pay up to 8 percent above the market price for properties in areas offering very fast internet speeds, according to new research from the London School of Economics (LSE) and Imperial... Read more...
Londoners show a greater willingness than the rest of the country to pay for broadband, reflecting very high usage in the capital city for both work and personal reasons. ''Speed matters,'' says Gabriel Ahlfeldt, associa... Read more...
Londoners show a greater willingness than the rest of the country to pay for broadband, reflecting very high usage in the capital city for both work and personal reasons. ''Speed matters,'' says Gabriel Ahlfeldt, Associa... Read more...
31 July 2014
The SNP has been in government in a devolved Scotland for more than seven years. During that time it has had control over most of the levers of social justice, from education to healthcare, from local authority spending ... Read more...
27 July 2014
The EIB Institute announces that this year's 'Outstanding Contribution Award' - with a prize of EUR 40,000 - will go jointly to Professors Nicholas Bloom (Department of Economics, Stanford University) and John Van Reenen... Read more...
22 July 2014
Article by Henry Overman Our latest evidence review on the economic impact of cultural and sport projects might make for uncomfortable reading for some local decision makers. We looked at these programmes' effects on wa... Read more...
16 July 2014
Article by Tim Besley and John Van Reenen In 2013 the LSE Growth Commission published a report into future UK growth. The aim of the Commission was to identify institutions and policies that could generate more growth i... Read more...
10 July 2014
Once upon a time, David Cameron said that general wellbeing matters as much GDP. What's it all for if a country grows richer but its people feel no better? A genuine attempt at prioritizing wellbeing would be revolutiona... Read more...
09 July 2014
If there is one area of the NHS in desperate need of change, it is mental healthcare provision. Professors Richard Layard and David Clark highlight in Thrive: The Power of Evidence-Based Psychological Therapies that it i... Read more...
04 July 2014
Luis Garicano interviewed regarding Spanish finance system. This programme was broadcast by Antena 3 on July 1, 2014 Link to broadcast here Related links Luis Garicano webpage Productivity and Innovation Program... Read more...
01 July 2014
The upshot of this is that the price of labour (wages) has fallen and the price of capital has increased, so firms have had incentives to substitute cheaper workers for more expensive machinery and buildings. And while t... Read more...
30 June 2014
Barry Sheerman MP mentioned LSE report which highlighted percentage of greenbelt land which could be used for housing. The broadcast was made by BBC Parliament on June 30, 2014 Related publications Turning houses ... Read more...
Article by Joao Paulo Pessoa and John Van Reenen The fall in productivity in the UK following the Great Recession was particularly bad, whereas the hit to jobs was less severe. This column discusses recent research expl... Read more...
28 June 2014
As Prof Paul Cheshire points out in London School of Economics journal Centrepiece, more of the county of Surrey is devoted to golf courses than houses. Just 10 per cent of England is built up, and gardens cover nearly h... Read more...
19 June 2014
According to Professor Paul Cheshire, you could build 1.6 million homes at average densities if just a fraction of that greenbelt space, much of it riding schools and golf courses, were reclassified. This article was... Read more...
16 June 2014
Every team is simply trying to score goals while preventing its opponent from doing the same. But they all seem to go about it in distinct ways, don't they? To understand what is happening on the fields in Brazil at the ... Read more...
15 June 2014
In 2010, the US Census Bureau conducted the first large-scale survey of management practices in America, gathering data on more than 30,000 manufacturing plants. Nicholas Bloom and colleagues find strong links between es... Read more...
21 May 2014
In their blog, Renata Lemos and John Van Reenen say that good management in schools has a stronger effect than class sizes or quality teaching. This blog was posted in the guardian.com teachers' blog on May 20, 2014 ... Read more...
20 May 2014
Paul Cheshire discusses need for more housing on greenbelts. This interview was broadcast by BBC Berkshire on May 14, 2014 No link available. Related publications Turning houses into gold: the failure of Britis... Read more...
14 May 2014
Meanwhile, justification for rapid academisation is scant. A 2009 report by LSE academics Stephen Machin and Joan Wilson signals there was little proof that New Labour's academies raised the attainment of poorer students... Read more...
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
Green belt polices that aim to keep ''the urban unwashed out of the Home Counties'' are causing a housing affordability crisis, according to a London School of Economics (LSE) professor. Britain's booming house prices ha... Read more...
02 May 2014
The commission's authors (who include Richard Layard, an academic who has long supported more use of well-being indices in policy), favour the second measure of general satisfaction with life. More comprehensive cross-co... Read more...
27 March 2014
Crime in British neighborhoods that have experienced mass immigration from Eastern Europe over the last 10 years has fallen significantly, according to research that challenges a widely held view over the impact of forei... Read more...
04 May 2013
Andy Burnham MP, Labour's Shadow Health Secretary, in a speech to the Centre for Social Justice, said: I recently shadowed a GP in Coventry and was surprised by the number of time he referred to IAPT. As he said, a huge... Read more...
31 January 2012
Competition among hospitals in England led to a 7% fall in the number of deaths from acute myocardial infarction over three years, saving around 900 lives, a new study claims. Zach [sic] Cooper, a health economist workin... Read more...
01 August 2011
Research has suggested that family-owned companies have the UK's most satisfied workforces. John van Reenen of the LSE recently accused family businesses of inefficiency due to poor management quality. This article ... Read more...
19 July 2011
Professor John Van Reenen discusses the UK's prospects for economic growth, including the important role of company management and the potential of higher education as a key national industry. ... Read more...
05 May 2011
New paper by Pawel Bukowski and Filip Novokmet “Inequality in Poland: Estimating the Whole Distribution by g-percentile 1983-2015” combines national accounts, survey and tax data in order... Read more...
29 November 2007