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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
A new Economics of Education Research Centre (EERC) to develop a robust evidence base for education and skills policymaking, is being established by the Centre for Economic Performance (CEP), UCL’s Centre for Educa... Read more...
20 May 2026
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
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
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
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
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
Nick Bloom in conversation on a surprising find from the pandemic: remote work is fuelling economic growth. ... Read more...
02 June 2022
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16 May 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
Richard Layard and Ken Clarke write about the need to improve opportunities for young people who don’t go to university. ... Read more...
04 December 2021
Lee Elliot Major talks about the implementation of the National Tutoring Programme and the need to support disadvantaged children in post-pandemic recovery plans. ... Read more...
06 October 2021
Lee Elliot Major is invited onto BBC Radio 4’s Today programme [1:15:20] to talk about pupil catchup funding, the national tutoring programme and inequalities. ... Read more...
24 February 2021
Few aspects of modern society have remained unaffected in some way by the Covid-19 pandemic, and so it's perhaps no surprise that a new report by Jiaqi Li, Anna Valero, Guglielmo Ventura shows that jo... Read more...
12 February 2021
Study by LSE's Richard Davies finds price volatility during the Covid-19 pandemic has been higher than in any comparable period since 1991. ... Read more...
05 February 2021
Richard Layard and Gus O’Donnell write about the need for policy makers to aim for the wellbeing of the people, now and to come – focusing more on what matters to people, their mental and physical ... Read more...
27 December 2020
New incentives need to be introduced to encourage employers to invest in younger workers who have been hit hard by the Covid-19 pandemic, the London School of Economics and Political Science has said. ... Read more...
16 December 2020
New research by Lee Elliot Major finds the majority of parents with school aged children feel that exams should be amended to compensate for learning loss resulting from Covid-19. ... Read more...
06 November 2020
New research finds that while 14-year-olds who enrol at University Technical Colleges (UTCs) get significantly worse GCSE results than their peers, 16-year-olds who enrol at a UTC outperform their peers in sk... Read more...
14 October 2020
...... unless the government steps up and offers immediate funding support to training providers, says academic.Guglielmo Ventura, CEP research assistant, says the government should give a guarantee to every existing a... Read more...
07 April 2020
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
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
Of course, the elasticity of the response to automation is an empirical question. Recent studies indeed find evidence of positive employment responses in some industries with new information technologies, automation, and... Read more...
13 September 2019
12 September 2019
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
Those who are already doing well in world labor markets are able to benefit - or at least to lose less-from disruption. It is those who are not doing so well who find their inferiority of position amplified by occupation... Read more...
30 August 2019
A recent study from the London School of Economics highlights the challenge for those people whose skills become less in demand as a result of economic or technological disruption. They analyze the lifetime earnings of S... Read more...
19 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
In many economies, the popularity of 'atypical employment relationships' is increasing. More and more people are using free time jobs, working on their own, making money through shared services. Economist Nikhil Datta pr... Read more...
26 July 2019
By Nikhil Datta, PhD candidate, UCL, and Research Assistant, CEP, LSE. Originally published at VoxEU Is the rise of 'atypical' work arrangements - such as self-employment, freelancing, gig work and zero-hour contracts -... Read more...
20 July 2019
Nikhil Datta Is the rise of 'atypical' work arrangements - such as self-employment, freelancing, gig work and zero-hour contracts - a result of workers wanting such jobs or because they have no other choice? This column... Read more...
19 July 2019
Freelancers, gig workers and the self-employed like flexibility, but they would much prefer job security, writes Nikhil Datta.... Read more...
16 July 2019
A recent study set out to explore how effective apprenticeships were at supporting students as they both learn new skills and make their way into the workplace. The researchers assess young people who completed their GCS... Read more...
12 July 2019
Since the advent of industrial robots, various studies have been published on "How industrial robots affect manufacturing". For example, according to an industry survey of 17 countries from 1993 to 2007 (Graetz, G and G ... Read more...
In an article for Bloomberg last month, Noah Smith notes that the hubbub about technological unemployment and falling wages is largely a lot of scary hand-wringing over what is possible rather than clear-headed analysis ... Read more...
11 July 2019
Dr Chiara Cavaglia Make Devolution is also affecting "education and skills", e.g. with the Adult Education Budget being managed locally form 2019/20. With this in mind, the All Party Parliamentary Group on Apprenticeshi... Read more...
10 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
03 July 2019
... and the author of the new research paper, Nikhil Datta. "They value these, and other aspects of job security like sick leave and paid holiday, ... ... Read more...
GIG ECONOMY work is a necessity rather than a choice, and those reliant on it would be willing to earn less in exchange for more job security, according to a study of workers in the UK and the US. The report by the Londo... Read more...
02 July 2019
Freelancers, gig workers and the self-employed like flexibility, but they would much prefer job security, writes Nikhil Datta... Read more...
"Workers like knowing when their next pay check is coming, where it's coming from and how much it will be," said Nikhil Datta, researcher at the ... ... Read more...
MAC chairman Professor Alan Manning said: "Today's labour market is very different to the one we reviewed when the last SOL was published in 2013. "Unemployment is lower and employers in various industries are facing di... Read more...
14 June 2019
In sectors where import prices rose because of the drop in sterling, training and wages for workers fell, the paper said. That could have negative long-term implications for productivity, skills and living standards, iss... Read more...
11 June 2019
UK workers took a hit from the Brexit-related depreciation in the pound in the form of lower wages and training, according to an academic paper. In sectors where import prices rose because of the drop in sterling, train... Read more...
10 June 2019
The unexpected result of the Brexit referendum, working through the rapid depreciation of sterling, has hurt British workers. Rui Costa, Swati Dhingra and Stephen Machin (LSE) show that the big drop in the value of the p... Read more...
04 June 2019
Explaining the changes, Professor Alan Manning, chair of the committee, said the labour market was "very different" to the one that existed during the last shortage occupations review six years ago."Unemployment is lower... Read more...
29 May 2019
However, pay varies among different sectors, which contributes to an earnings gap between men and women, write Chiara Cavaglia, Sandra McNally and Guglielmo Ventura. ... Read more...
21 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...
20 May 2019
18 May 2019
To try to anticipate the impact of the widespread adoption of artificial intelligence, beyond the anecdotal that the newspaper headlines may be about layoffs caused by automation, it is useful to analyze the real experie... Read more...
Snippet: ...ionally at the heart of most vocational courses, a major piece of research exclusively shared with Tes shows. The report by Andy Dickerson and Damon Morris, at the Centre for Vocational Education Research (C... Read more...
26 April 2019
In this latest blog post, Andy Dickerson and Damon Morris changes in skill utilisation and returns to skills over time in the UK.... Read more...
Snippet: ...es at non-Russell Group universities, new research shows. Researchers at the National Institute for Economic and Social Research (NIESR) affiliated with the Centre for Vocational Education Research (CVER) - ... Read more...
03 April 2019
Snippet: Creating universities directly impacts the economic growth of the region Snippet: According to a study conducted by researchers at the London School of Economics in England and the Massachusetts Institute of T... Read more...
01 April 2019
From Dr Guy Michaels, London School of Economics, UK Joseph Cotterill, in "Aid groups battle to reach cyclone survivors" (March 21), describes the terrible devastation that recent floods have wreaked in Mozambique and n... Read more...
27 March 2019
This new report, undertaken jointly by the Centre for Vocational Education Research and the What Works Centre for Local Economic Growth provides a real life example of how these questions play out in practice by looking ... Read more...
06 March 2019
A recent paper by economists from the LSE's Centre for Economic Performance suggests the introduction of the National Living Wage in April 2016 had such an impact. The paper examined closely the effects on the social car... Read more...
21 February 2019
19 December 2018
If you are in any doubt about the influence that the person leading a college has on its performance, look no further than a 2017 research paper by Jenifer Ruiz-Valenzuela, Camille Terrier and Clementine Van Effenterre (... Read more...
14 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
Camille Landais, Giulia Giupponi interviewed by Tim Phillips, 07 December 2018 Even though countries all over the developed world implemented short-time work policies during the great recession, we didn't know whether ... Read more...
07 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
The British are destined to stay on the same rungs of the economic or social ladder for successive generations, write Lee Elliot Major and Stephen Machin.... Read more...
28 November 2018
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...
26 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
We cling on to the hope that education can act as the great social leveller, enabling children from poorer backgrounds to overcome the circumstances they are born into. But in our book Social Mobility and Its Enemies, St... Read more...
28 September 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...
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
In 2015, a study by Guy Michaels and George Graetz (https://voxeu.org/article/robots-productivity-and-jobs) looked at the impact of robots in manufacturing, agriculture and utilities across 17 countries. They ... Read more...
14 May 2018
America’s patents and research spending have soared alongside its trade deficit with China. Article in the Economist refers to the research paper ‘ Related publications Trade Induced Te... Read more...
03 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...
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
Several commentators have suggested that a domestic infrastructure bank could fill the void if the UK was unable to access EIB support. The LSE Growth Commission have promoted the creation of such an... Read more...
27 April 2018
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
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...
19 April 2018
There is a very interesting study made by the Economic Research Center of London, directed by George Graetz and Guy Michaels, which shows that between 1993 and 2007 in the United States the number of robots in... Read more...
02 April 2018
"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...
01 April 2018
British businesses want unrestricted access to European workers to continue after Brexit, describing them as better qualified and more motivated than their UK counterparts. The findings came in an interim repo... Read more...
27 March 2018
22 March 2018
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
Even customs duties, which will help US companies in the short term, can be detrimental in the long run. This protection of the domestic market can lead to a decline in qualitative competitiveness. In this con... Read more...
06 March 2018
Using tariffs to restore American competitiveness could easily backfire. If U.S. companies can hunker behind trade barriers and sell to a captive market, many will lose their edge. Research by economists Nicho... Read more...
05 March 2018
03 March 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
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
08 February 2018
Findings suggest that a mother’s personality has a big impact on the academic performance of teenagers, regardless of other factors. Academics assessed women’s “internal locus of control&rdqu... Read more...
Related publications Locus of Control and its Intergenerational Implications for Early Childhood Skill Formation (pages 298-329) The Economic Journal Volume 128, Issue 608, February 2018 Warn N. Lekf... 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...
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
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
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...
15 December 2017
... Read more...
11 December 2017
The paper published at the London School of Economics is the result of an international collaboration between Hilary Steedman (former member of BIBB's scientific advisory board) and researchers f... Read more...
07 December 2017
Research from Graetz and Michaels using data from the International Federation of Robotics found that the use of robots within manufacturing raised the annual growth of productivity and GDP by 0.36 and 0.37 pe... Read more...
04 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...
03 December 2017
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
But graduates with first-class degrees are more likely than those with a 2:1 to work in high-wage industries – and they earn starting salaries that are about 3 per cent higher, according to research publ... Read more...
23 November 2017
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...
Two research centres have also been established in recent years, looking specifically at post-16 education and training: the Centre for Vocational Education Research at the London School of Economics, and the ... Read more...
13 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...
06 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 ... 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
However, not everyone agrees with the rhetoric emerging from the US regarding the failings of its workforce. Alan Manning, Professor of Economics at LSE argues: “The retraining process tends to work best... Read more...
31 October 2017
Recent research has shown that industrial robots in the US have led to heavy losses in terms of jobs and incomes. In this article, we will explore the impact they have had on the labor market in Germany, where... Read more...
22 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...
13 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...
10 October 2017
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...
06 October 2017
Immigration Minister Rt Hon Brandon Lewis stated that the government was not looking to push skilled workers to leave the UK but to implement changes for further down the line to meet the demand for less migra... Read more...
05 October 2017
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...
A study by the London School of Economics (LSE) found some evidence that graduates with a 2:1 degree would earn, on average, £81,000 more over a career lifetime than someone graduating with a 2:2; howeve... Read more...
03 October 2017
Article by Georg Graetz and Guy Michaels Whilst the U.S. unemployment rate has returned to pre-recession lows, there is concern among policymakers about other developments in the American labour market, not... Read more...
02 October 2017
26 September 2017
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
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
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...
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...
10.1111/twec.12440 ... Read more...
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...
03 September 2017
Snippet…Does economic activity relocate away from areas that are at high risk of recurring shocks? We examine this question in the context of floods, which are among the costliest and most common natura... Read more...
01 September 2017
Two economists said they've found new evidence that minimum-wage hikes force employers to automate low-skilled workers' jobs, reports CNBC. According to David Neumark of UC Irvine and Grace Lordan of t... Read more...
21 August 2017
14 August 2017
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
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
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
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
Article by Sandra McNally The UK’s productivity suffered a shock in 2008 from which it has not recovered, and the ‘skills problem’ needs to be addressed. Within the context of a broader in... Read more...
21 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
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
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
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...
07 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
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
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...
Includes in the roundup: ‘Is Modern Technology Responsible for Jobless Recoveries?’, Georg Graetz and Guy Michaels, American Economic Review, May 2017 Abstract: Since the early 1990s, reco... Read more...
31 May 2017
All of the UK’s main political parties now highlight the importance of an ‘industrial strategy’ with the aim of improving economic growth and achieving more balance in how its gains are distr... Read more...
30 May 2017
According to Sandra McNally, professor of economics at Surrey University, the Conservatives’ figures are misleading. This is because the “per pupil figure” was frozen from 2010 to 2011 and ag... Read more...
27 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...
17 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
Article by Georg Graetz and Guy Michaels. Article originally published at VoxEU, Saturday 13 May Recoveries from recessions in the US used to involve rapid job generation. During the 1970s and 1980s, the fi... Read more...
Georg Graetz and Guy Michaels, DOI: 10.1257/aer.p20171100 Related publications In brief... Is technology to blame for jobless recoveries? Georg Graetz and Guy Michaels. Article in CentrePiece Volume 2... Read more...
12 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...
Since the early 1990s, the US has been plagued by weak employment growth when emerging from recessions – so called ‘jobless recoveries’. Georg Graetz and Guy Michaels look at multiple recover... Read more...
09 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...
07 March 2017
Trails for the Chancellor’s budget speech on Wednesday promise big new plans for technical education in England. Professor Sandra McNally of the Centre for Vocational Education Research (C... Read more...
06 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
The LSE Growth Commission sets out a new blueprint for inclusive and sustainable growth that deals with the challenges facing the UK, old and new. Based on the latest research, analysis and evidence from leadi... Read more...
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
This phenomenon of labor market polarization (or “hollowing out” of middle-skilled jobs) has attracted widespread attention and contributed to the ongoing debate on the impact of technological chan... Read more...
14 February 2017
Dr Hilary Steedman discusses IFS report criticising huge investment into apprenticeships. 0725 Is the way in which the Government will fund new apprenticeships a monumental waste of money? Dr Hilary S... Read more...
31 January 2017
Dr Hilary Steedman, senior research fellow at The London School of Economics, speaking on the BBC’s Today programme, said: “I think the IFS has really overstated their case here. We have a really s... Read more...
New arrivals flock to the occupations and industries in which existing immigrants work, argues Barbara Petrongolo. Most economists would argue that there is not much of a trade-off involved in this choice. Th... Read more...
18 October 2016
This article was based on the research of Luis Garicano and Thomas N. Hubbard. Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left ... Read more...
16 October 2016
Caller mentions research by the Centre for Economic Performance at around 01:11:05 Caller: ... not in many cases a cynical attempt on the part of employers to simply cheat workers by paying them the lowest wages that th... Read more...
09 October 2016
Following the referendum vote to leave the European Union, the UK faces a trade-off between retaining access to the Single Market and restricting free movement of labour. Barbara Petrongolo considers the likely impact of... Read more...
08 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 a briefing sent afterwards, it was made clear that other measures to be considered would be, ''whether employers should have to set out the steps they have taken to foster a pool of local candidates, set out the impac... Read more...
05 October 2016
Academic studies also find little link between migration and unemployment. Economists from the Centre for Economic Performance at the London School of Economics say that when they look at the areas with the largest incre... Read more...
In today's interview, we sat down with Alan Manning, Professor of Labour Economics at the London School of Economics. He is a leading author in his field, particularly in understanding the imperfections of labour markets... Read more...
27 September 2016
Article by Anna Valero In 1900, just 1% of young people in the world were enrolled at university. Over the course of the next century this exploded to 20%, as recognition of the value of such an education became widespr... Read more...
15 September 2016
A recent research paper by Anna Valero and John Van Reenen of the LSE takes a statistical look at universities around the world, asking whether they seem to boost their regional economies. (Examples of a ''region'' inclu... Read more...
31 August 2016
Working mothers in low-skilled jobs are being forced to either considerably reduce their hours or give up work altogether after having a second child, according to a wide-ranging study that suggests lack of access to chi... Read more...
08 August 2016
Article by John Denham For the past 20 years and longer, Ministers of all parties have wanted to see more employers support employees and apprentices to gain higher levels skills and higher education. With strong bi-par... Read more...
03 August 2016
Article by CVER Director, Sandra McNally, on some of the recommendations of the recent Sainsbury Report The incoming British prime minister Theresa May has outlined a vision of a country that ''works not for the privile... Read more...
15 July 2016
Article by Ghazala Azmat and Rosa Ferrer Gender gaps in earnings exist in high-skill industries despite male and female workers having similar educational backgrounds. This column uses evidence from the legal industry t... Read more...
12 July 2016
Post-16 education and training is still socially and academically divided, research shows Thousands of 16 year-olds are stuck in an educational ‘revolving door,’ returning year after year to study low-level qualifi... Read more...
08 July 2016
Facts appear not to be a major priority for many Leave voters. That is clear when you look at science. In a ComRes poll of 1,616 prospective voters, Leave supporters were revealed to be much more likely to question scien... Read more...
22 June 2016
''The pro-Brexit argument that Britain will be free of lots of regulations, that there will be a bonfire of red tape that will cause us to grow rapidly and we'll strike lots of new trade deals as this buccaneering new En... Read more...
20 May 2016
There's been no shortage of hype about the relationship between cities and data, especially so-called big data. For large numbers of tech companies, cities, and even a growing number of urbanists, data promises to solve ... Read more...
18 May 2016
Article by Jonathan Wadsworth Welcome back. The Bank of England has a regular labour market commentary in its quarterly bulletin in which it looks at issues that may influence productivity, wage pressure and hence infla... Read more...
18 April 2016
... Do we need a different way to spur innovation and disseminate new technologies quickly around the world? Are patents, which reward inventors by providing them with a government-guaranteed monopoly over their inventio... Read more...
12 April 2016
If the UK added 1 university to each region, national income would grow 0.7%, write Anna Valaero and John Van Reenen. This article was published by the LSE Business Review blog on March 23, 2016 Link to article here ... Read more...
23 March 2016
Article by Guy Michaels Over the last 30 years, floods have killed more than 500,000 people globally, and displaced about 650m more. In a recent paper published by the Centre for Economic Performance, we examined why so... Read more...
01 March 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...
02 February 2016
CEP's Anna Valero written evidence for the Government's Productivity Plan Inquiry contributed to the final report. The Government's heralded 'Productivity Plan' lacks clear, measurable objectives and largely amounts to ... Read more...
29 January 2016
Report Launch - Building Skills for All Review of England On 28 January 2016 we hosted the launch of the OECD report on adult skills in England, Building Skills for All, Review of England. In England there are... Read more...
28 January 2016
Article by Adriana Kocornik-Mina, Thomas McDermott, Guy Michaels and Ferdinand Rauch During the past couple of months alone, floods have displaced 100,000 people or more in Kenya, in Paraguay and Uruguay, and in India, ... Read more...
21 January 2016
A report (Pay growth predicted to stall at 2% as number of skilled workers rises, 30 December, page 20) said that over the past year almost three-quarters of new jobs created went to non-UK nationals, according to offici... Read more...
20 January 2016
Guy Michaels discusses his study of the economic impact of floods and likelihood of people moving from flooding areas. The interview was broadcast by BBC Radio 5 Live on January 5, 2016 Link to interview here (43 mins... Read more...
05 January 2016
In December talks in Paris involving more than 200 countries may result in a new agreement aimed at reducing carbon emissions. In the months leading up to the conference, The Economist will be publishing guest columns by... Read more...
11 December 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
It turns out that whether in another hemisphere or right in our own backyard, entrepreneurial traits are strikingly similar ... being smart is only a start. Researchers at UC Berkeley's Haas School of Business and the L... Read more...
23 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...
Social mobility plays a curious and sometimes tortuous role in our national political psyche. We love talking about it even if we can't, or won't, do much about it. Greater mobility is a goal lionised by all politicians ... Read more...
18 November 2015
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
The UK government's new Infrastructure Commission, unveiled at the Conservative Party Conference today (Monday 5 October), was one of the key recommendations of the LSE Growth Commission, which reported in the autumn of ... Read more...
05 October 2015
We already have two sets of pioneering work being undertaken in the UK to address this very problem. One is the JPMorgan Foundation funded work at the Institute of Public Policy Research working with US business Burning ... Read more...
30 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
A study by researchers at the London School of Economics earlier this year found that immigration to Britain has not increased unemployment or reduced wages. This article was published by The Gulf Today on August 11, 20... Read more...
11 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...
05 August 2015
Article by Bill Gates Last month, during a trip to Europe, I mentioned that I plan to invest $1 billion in clean energy technology over the next five years. This will be a fairly big increase over the investments I am a... Read more...
03 August 2015
Article by Richard Layard Leading thinkers across the worlds of science, public service and academia have launched a new global programme to combat climate change. Richard Layard outlines their proposal for big public i... Read more...
This autumn sees the launch of the Global Apollo Programme: a green research initiative that wants governments to match, in today's money, the sums spent putting men on the moon. At a time of increasing austerity, reques... Read more...
Ralf Martin, Mirabelle Muuls, Laure B. De Preux and Ulrich J. Wagner have received the 2015 Erik Kempe Award for their paper 'Industry Compensation Under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading... Read more...
29 June 2015
Bill Gates (co-founder of Microsoft) interviewed: ... Tens of billions of dollars should therefore be spent by governments on research and development in renewables over coming years, three times current levels, to iden... Read more...
25 June 2015
A report entitled A Global Apollo Programme to Combat Climate Change, written by a number of high-profile British scientists and economists, offers a bold answer. It argues that carbon-free energy has to become competiti... Read more...
23 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
Article by Richard Layard, Gus O'Donnell, Nicholas Stern, Adair Turner If clean energy were cheaper than dirty energy, climate change would halt. Making clean energy cheaper is a problem - like putting a man - on the... Read more...
08 June 2015
India will be a member of a consortium of countries that will implement the Global Apollo Programme - a plan to find ways within the next 10 years of making green energy clean cheaper to produce than energy drawn from c... Read more...
03 June 2015
In the deepest chill of the Cold War, then-president of the United States John F. Kennedy announced to the country, and the world, that ''we choose to go to the moon.'' The Apollo Programme placed a man on the moon withi... Read more...
''The challenge is as big as putting a man on the moon,'' says Richard Layard of the London School of Economics, one of the founders of the programme along with other prominent scientists, economists and industrialists. ... Read more...
A number of Britain's leading experts in the field of climate research are focused on achieving the goal of solving the world's most pressing problem: the continued global temperature rise. This article was published on... Read more...
02 June 2015
Lord Richard Layard, an economist at the London School of Economics and member of the Apollo group, said it was barely believable that the world only spent 2% of its R&D money on its ''most pressing problem'' of clim... Read more...
Interview with Lord Layard regarding launch of the 'Apollo' programme to make renewables cheaper than fossil fuels. The interview was broadcast by the BBC World Service News on June 2, 2015 [No link available.] Relate... Read more...
Article by Richard Layard The target for GAP is to reduce the cost of clean energy and to do it fast. This article was published by The Huffington Post on June 2, 2015 Link to article here Related links 'Global ... Read more...
Leading academics, including former government chief scientist Sir David King, past president of the Royal Society Lord Rees, and economists Lord Stern and Lord Layard, in effect said that the world cannot be saved from ... Read more...
A steep reduction in UK emissions over the last two decades disguises a number of ineffective government policies, argues a new report from the London School of Economics. In a briefing on the key environmental policy is... Read more...
30 April 2015
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...
27 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 Andrew Street, Catherine Harris , Hilary Steedman , Iain Clacher, Sandra McNally, Susan Milner and William Tayler The Conversation's Manifesto Check, where academics subject each party's election manifesto... Read more...
14 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...
13 April 2015
According to one academic paper, about a quarter of Britain's productivity gap with America can be put down to poor management. The main weakness is that too many of Britain's family-owned firms still prefer primogenitur... Read more...
11 April 2015
As the election period officially begins FE Week spoke to figures across the sector to ask them what three FE and skills questions they'd like answered by the Conservatives, Labour and the Liberal Democrats in the run up... Read more...
30 March 2015
Article by Georg Graetz and Guy Michaels Robots' capacity for autonomous movement and their ability to perform an expanding set of tasks have captured writers' imaginations for almost a century. Recently robots have eme... Read more...
18 March 2015
Alex Bryson, John Forth and Richard Freeman present research into the benefits of all-employee stock purchase plans. They find that employees who joined the plan were more committed to the firm, more satisfied with their... Read more...
12 February 2015
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
Professor Christopher Pissarides among those calling for establishing more effective policies in fighting drug use. This article was published online by Yahoo! Mexico on August 25, 2014 Link to article here See al... Read more...
25 August 2014
Tiger mothers predestine their children to do well at school even before they are born, research has suggested. Babies born to highly competitive women who believe that they have the power to shape their children's prosp... Read more...
19 August 2014
Babies born to mothers who hold a stronger belief that their fate is in their own hands and not down to luck tend to perform better in their GCSE exams 16 years later. That is the central finding of new research by the C... Read more...
18 August 2014
There is a great deal of overlap between the parties' proposals on climate change policy. The 2008 Climate Change Bill, which was backed by the opposition parties, has created a sensible overarching framework for climate... Read more...
29 April 2010