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A well-trained workforce is essential to the economy, but a shortage of alternatives to university means Britain's young people are falling behind. Lord Richard Layard talks about a fundamental injustice in Britain's edu... Read more...
20 August 2024
Congratulations to Philippe Aghion, associate of CEP and the Programme on Innovation and Diffusion (POID), on being awarded the Erasmus Medal of the Academia Europaea. The award is given to a European scholar who has ... Read more...
15 February 2022
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
Snippet: ...'s virtually impossible However good the advice they get is are trying to understand the make your way through that is extremely hard and Professor Sandra McNally runs the centre for vocational education rese... Read more...
08 July 2019
According to LSE research (from the Centre for Vocational Educational Research) apprentices are earning 20% more than the people who take the full-time college route, Lord Layard said in his contribution to the debate ar... Read more...
04 July 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
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
THE LUDICROUS customs partnership arrangement preferred by Remainers as a solution to the Ireland border post-Brexit has been torn apart by a London based think thank who have argued the plan is almo... Read more...
27 May 2018
In his latest work ‘The Origin of Happiness’, British economist Richard Layard notes how relationships play a critical role. Globally, as incomes have risen, happiness has not. This is because of b... Read more...
15 May 2018
…the key to happiness apparently really is holding down a stable job according to experts. All the economic indicators say high employment rate is most likely to correlate with greater happiness. ... Read more...
13 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...
09 May 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
Cointelegraph reached out to MIT Professor of Economics John van Reenen OBE to give his take on the move by the British Treasury and the touted cryptocurrency taskforce. The renowned economist painted a slight... Read more...
28 March 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
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
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
Article by Davide Cantoni, Jeremiah Dittmar and Noam Yuchtman. Five hundred years ago today, Martin Luther posted 95 theses on the Wittenberg Castle church door critiquing Catholic Church corruption, setting o... Read more...
31 October 2017
Awarded an European Research Council Proof of Concept Grant for the NCore project, which aims to develop a mobile app which facilitates access to mental health services and treatments for young peopl... Read more...
12 October 2017
Article by Richard Layard With modern psychological therapy, mentally ill people can become more productive and more satisfied with life. ... Read more...
11 October 2017
House of Lords Economic Affairs Committee will be holding its first oral evidence session related to the inquiry into the economics of higher, further and technical education on Tuesday 10 October. Paul Johnso... Read more...
05 October 2017
Theresa May stepped in to lead the discussion on what the UK hopes to achieve from its Brexit negotiations with the EU. Swati Dhingra and Josh De Lyon (CEP, LSE) argue that her Fl... Read more...
25 September 2017
In 2005 David Clark, a professor of psychology at Oxford University, and economist Richard Layard, a member of the House of Lords, concluded that providing therapy to people like Oliver made economic sense. &l... Read more...
06 August 2017
… David Clark, a professor of psychology at the University of Oxford, and economist Richard Layard, a member of the House of Lords, concluded that offering therapy to people like Oliver made economic se... Read more...
03 August 2017
In 2005 David Clark, a professor of psychology at Oxford University, and economist Richard Layard, a member of the House of Lords, concluded that providing therapy to people like Oliver made economic sense. ... 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...
28 July 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
Most experts have assumed the responsibilities of governance would temper Trump's trade posture. Given that nearly one-third of all U.S. trade is conducted with China and Mexico, a rupture risks severe eco... Read more...
31 January 2017
DW spoke to economist Thomas Sampson from the London School of Economics ahead of British Prime Minister Theresa May's visit to the White House. She is the first world leader to meet the new US President D... Read more...
26 January 2017
Speaking to Daily Star Online, John Van Reenen, Professor of Economics at LSE, said Mrs May might be tempted to strengthen her hand in parliament. He said an election could boost her authority in both Houses, ... Read more...
24 January 2017
“There’s absolutely no controversy about gravity models,” said Swati Dhingra, assistant professor at the London School of Economics, also pointing out that gravity models are the subject of t... Read more...
10 January 2017
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
The studies, by the Treasury, the thinktank NIESR and the Centre for Economic Performance and London School of Economics, predicted the effect on the British economy if the UK was to opt for a Norway-style model. That wo... Read more...
18 October 2016
[Jeremy] Corbyn too is proposing a solution ''which would reduce numbers'', despite the fact in its 2015 General Election briefing, the Centre for Economic Performance at the London School of Economics observed: ''There ... Read more...
06 October 2016
I am one of those people who, as she anticipated, have a bit of a problem with something Mrs May said about immigration: If you're one of those people who lost their job, who stayed in work but on reduced ... Read more...
05 October 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
Prime minister champions grammar system but critics argue reforms will damage social mobility But critics were quick to dismiss the reforms. Professor Sandra McNally, director of education and skills at the London Schoo... Read more...
09 September 2016
Britain's statistics office has recruited a group of economic heavyweights to boost its ability to crunch numbers on the health of the economy. ... Three economics professor have also been recruited to the working group... Read more...
18 August 2016
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
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
We were told that the consensus of economic experts were overwhelmingly opposed to a Brexit. Lauded institutions - from the IMF, OECD to the Treasury and London School of Economics - produced damning forecasts that ran... Read more...
27 June 2016
Research by the London School of Economics in the report ''Life After Brexit'' is warning Britain would most likely fall into recession if it leaves, as a myriad of agreements unravel over several years. French launch #O... Read more...
23 June 2016
By the end of the campaign, the heads of Britain's most respected economic think-tanks issued a joint statement, so worried were they that the message had failed to connect. Paul Johnson, head of the Institute for Fiscal... Read more...
Then there is the question of the effect on Britain's trade with other regions if it is no longer governed by agreements negotiated by the European Union. Eurosceptics assume those agreements dilute Britain's interests b... Read more...
17 June 2016
That leaving the EU would damage the overall economy is now being treated as more of a fact than a speculation. But those for Brexit argue that the rich will be negatively affected while the poor will benefit. This is no... Read more...
03 June 2016
The EU referendum debate has started to focus on the economic fallout of a leave vote for the UK - and also for Europe. Research from the Organisation for Economic Co-operation and Development (OECD) released in April su... Read more...
30 May 2016
What issues have the greatest negative impact on UK businesses? Both sides of the debate have argued that there is either too much or very little EU red tape. These confusing arguments haven't helped to clarify the ... Read more...
Today eight economists have struck out against much mainstream economic thinking and suggested that the UK economy would flourish outside the European Union. They are up against formidable opposition - what those who su... Read more...
28 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
How does the Treasury estimate for “losses” compare with other economists’? Many independent economists have suggests some reduction in GDP growth from Brexit, and a few have suggested po... Read more...
18 April 2016
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, defended the Treasury analysis as a ''serious piece of work'', which was in line with other independent studies. ''The T... Read more...
British finance minister George Osborne said on Monday that a vote to leave the European Union could cost each household 4,300 pounds ($6,100) a year by the early 2030s. Following is a look at how he reached this conc... Read more...
THERE is much dispute in the Brexit debate over the economic effects of leaving the EU. Even Brexiteers accept that there would be some short-term costs from uncertainty, but they claim that in the long run Britain could... Read more...
The Treasury's 200-page Brexit analysis was published on April 17, 2016. The analysis referred to the Centre for Economic Performance's Brexit Analysis Series. A recent study by the London School of Economics (LSE) Cent... Read more...
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...
The Treasury will publish details of its long-term economic assessment of EU membership on Britain's economy and prosperity on Monday, but the approach the Treasury has taken is clear from a George Osborne article in the... Read more...
17 April 2016
In the first of a new blog from LSE's Centre for Economic Performance, Jonathan Wadsworth comments on the issue of full employment in the UK. This article was published online by the CEP's The State of Working Britain b... Read more...
26 January 2016
The Treasury's top civil servant, Sir Nicholas Macpherson, is set to stand down in April, having led the Government department for over a decade. George Osborne, the Chancellor, said he would ''miss'' Sir Nicholas, 56,... Read more...
04 January 2016
Article by Lee Elliot Major and Stephen Machin Private tutoring is booming and elite universities remain preserve of middle classes; something must change, say Lee Elliot Major and Stephen Machin Social mobility is t... Read more...
09 December 2015
Sandra McNally, Director of the Centre for Vocational Education Research, considers the possible impact of Chancellor George Osborne's November 25 Budget. This article was published in FEWeek.co.uk on November 27, 2015 ... Read more...
27 November 2015
A third FE research centre has launched just a year after Professor Lady Alison Wolf decried how the sector was ''woefully short of good, up-to-date research''. ... The work of the new centre, said Mr Grainger, would co... Read more...
05 October 2015
Richard Layard and his colleagues at the Wellbeing research programme at the London School of Economics' Centre for Economic Performance conclude that a child's emotional health is far more important to their satisfactio... Read more...
08 November 2014
In an article sourced from the Centre for Economic Performance's Mental Health Policy Group, the Health and Social Care Information Centre, the Mental Health Foundation, Young Minds and the Guardian the Mirror explains w... Read more...
09 October 2014
The ONS' data showed that whilst, on average, Londoners have the highest disposable incomes in the country they are also the most anxious and have the lowest levels of life satisfaction. None of this will come as any sur... Read more...
24 September 2014
In a short online film, Professor Richard Layard of the Centre for Economic Performance (CEP) explains why treating mental illness should be high on the public agenda, especially as proven psychological therapies effecti... Read more...
23 September 2014
The project cites Thrive: The Power of Evidence-Based Psychological Therapies – the latest work by Richard Layard, co-authored with David Clark, professor of psychology at Oxford University. Mr Layard is credited as on... Read more...
22 August 2014
Two of the key figures behind government reform in mental health care have spoken of the success of the Improving Access to Psychological Therapies (IAPT) initiative. Professor Lord Richard Layard, Emeritus Professor of ... Read more...
19 August 2014
The lost productivity and direct health expenses have an economic cost; in a recent analysis for the Mental Health Commission of Canada, the value was pegged at $50-billion a year. Labour economist Richard Layard argues ... Read more...
15 August 2014
The economist Richard Layard, after advocating that the goal of public policy should be to maximise happiness, set out to learn what the greatest impediment to happiness was today. His conclusion: depression. Depression ... Read more...
''En los paises ricos, las enfermedades mentales son el 38 percent de todas las enfermedades; y el porcentaje trepa a 50 percent en la poblacion trabajadora'', dice Richard Layard, economista de la London School of Econo... Read more...
27 July 2014
One in three families contains someone who suffers mental illness, with one in 10 children having diagnosable mental disorders - yet fewer than one-third of these people receive treatment. Such shocking statistics litte... Read more...
The true scale of the neglect of mental health in Britain is laid bare in Thrive, a remarkable and passionately argued new book by economics professor Lord Richard Layard and the clinical psychologist David Clark, which ... Read more...
25 July 2014
Mental health is receiving just 10% of NHS spending across England, with some areas dedicating more like 6 percent of their budgets to it, Sky News can reveal. Charities say the figures ''paint a profoundly worrying pict... Read more...
On average, local health authorities across England spent 10 percent of their annual budgets on mental health services during 2013/14, despite research from the London School of Economics that shows that it accounted for... Read more...
In the twenty-first century, however, the pursuit of happiness has become one of the most important means of judging our quality of life. ''Happiness is an aspiration of every human being,'' write John F. Helliwell, Rich... Read more...
19 July 2014
Article by Jesus Fernandez-Villaverde and Luis Garicano Summer reading: the new regeneration Our normally apathetic civil society mobilizes periodically to demand institutional changes that bring us closer to Europe ... Read more...
Stavolta il pezzo mancante non sembra tuttavia nascondersi sotto il divano - come nelle piu consuete scenette ricreative familiari - ma trovarsi tra le pagine di Thrive: The Power of Evidence-Based Psychological Therapie... Read more...
18 July 2014
Article by David M. Clark and Richard Layard Mental illness is the main sickness of the working age population with economic costs around 8% of GDP. This column, based on the authors' recent book, discusses the effectiv... Read more...
17 July 2014
Richard Layard interviewed, speaking about the issues highlighted in new book Thrive, around the need for better treatment of mental health and providing psychological therapies more widely. This interview was broad... Read more...
15 July 2014
''I've been hugely influenced by my co-author David Clark, one of the world's leading clinical psychologists. He always stressed to me that the aim of therapy is not to help people manage their condition but to recover a... Read more...
14 July 2014
Article by Richard Layard and David M. Clark, 3rd instalment in a series of excerpts from 'Thrive' A standard course of cognitive behavioural therapy involves up to 16 one-hour sessions, one-on-one - with the average nu... Read more...
11 July 2014
In an interview with Joel Suss, editor of the British Politics and Policy blog, Richard Layard discusses the importance of combating mental illness and his new book, Thrive: The Power of Evidence-Based Psychological Ther... Read more...
10 July 2014
Depression and anxiety cause more misery than physical illness, poverty or unemployment. They also impose huge economic costs. Yet they are amenable to effective and relatively cheap treatments. In the UK, however, fewer... Read more...
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
Ultimately the biggest task remains ensuring our creaking health service is more responsive to the needs of mental health outpatients. And here there may be cause for cautious optimism. Because new research by Professo... Read more...
07 July 2014
The Northern Futures project is a new approach to policymaking which means that rather than decisions being made by politicians and civil servants in Whitehall, the power is given to the people who live and work there. .... Read more...
04 July 2014
This week, a new book by Lord Layard and Professor David Clark sets out a call for a transformation in the way we think about mental health and the priority mental health care is given. Thrive: the power of evidence-base... Read more...
02 July 2014
Article by Richard Layard Nearly 40 percent of all illness in this country is mental illness, but most of it is untreated. It is the greatest injustice in our society and every party's manifesto needs a plan to redress ... Read more...
01 July 2014
David Clark was interviewed, discussing pscyhcological treatments for depression and anxiety. The interview was broadcast on BBC Radio 4's Today programme on July 1, 2014 Link to programme here [Starts at 2:46:30] ... Read more...
Article by Richard Layard and David M. Clark Treating mental health problems produces extraordinary savings - fewer people on welfare benefits, and fewer people being treated for physical illnesses made worse by mental ... Read more...
Professor Martin Knapp, lead researcher of the study, believes that the discrepancy is caused mainly by a lack of awareness about how the money is spent. ''It's partly because the prevalence and impacts of the disease ha... Read more...
10 June 2014
The team, which also included investigators from the London School of Economics, analyzed existing literature in both countries, updating and supplementing as needed to estimate the cost of accommodation, medical and non... Read more...
Christopher Pissarides and other Nobel prize winners among signatories of a new academic report on global anti-drugs policies urging the UN to adopt different policies. This article was published online by Reuters on ... Read more...
06 May 2014