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Daniel Chandler writes that to address the vast inequalities in the United States, a fundamental rethink of economic institutions and the values that guide them is needed. ... Read more...
14 May 2024
An new annual property tax on the value of each home, proposed by economists Paul Cheshire and Christian Hilber, would be fairer than current system, according to a new report by think tank Bright Bl... Read more...
20 May 2021
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 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
A recent article in the Journal of Economic Perspectives by Nicholas Bloom, John Van Reenen, and Heidi Williams examines the productivity slowdown and innovation policy. They note that in 2015 the United States spent the... Read more...
16 August 2019
Economists Nicholas Bloom, John Van Reenen and Heidi Williams have a new paper outlining possible ways to make that happen. They conclude that there are three policies that are fairly effective at spurring economically b... Read more...
09 August 2019
Of course, the relationship between R&D spending and broader technological progress is complicated. Translating research discoveries into goods and services isn't a simple or mechanical process. Other important elements ... Read more...
07 August 2019
The income declared by the richest fell sharply between 2012 and 2013, report four economists, among whom Philippe Aghion. But is this a real decrease, or a more widespread practice of tax optimization?... Read more...
30 June 2019
... in property. Professor Christian Hilber, professor of economic geography ...... Read more...
27 April 2019
By Steve Gibbons The ‘Bedroom Tax’ – or ‘under occupancy penalty’ or ‘removal of the spare room subsidy’ as it has been called officially – is a highly contro... Read more...
16 May 2018
Interview with Stephen Gibbons. “Did the bedroom tax or 'under-occupancy charge' actually work?” ... Read more...
14 May 2018
In this regard, scholars such as Erik Brynjolffson, Lorin Hitt, Nick Bloom, and John Van Reenen have all shown that computers by themselves don't unleash rapid productivity growth; rather, it takes new bus... Read more...
21 February 2018
Researchers at the ESRC Centre for Economic Performance have explored the impact of stamp duty on different types of mobility, by comparing mobility rates of otherwise similar homeowners with self-assessed hou... Read more...
01 February 2018
The cut in stamp duty for first-time buyers was good news but more needs to be done to help overcome the housing crisis, according to the chief executive of the Family Building Society, Mark Bogard. It foll... Read more...
10 January 2018
The study, undertaken by Chetty along with Alex Ball of Harvard, Xavier Jaravel of the London School of Economics, Neviana Petkova of the US Treasury, and John Van Reenen of MIT, is unique due to its ability ... Read more...
04 December 2017
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
Earlier this year, a report by the London School of Economics and the VATT Institute for Economic Research said the rate of home moving would be 27 per cent higher without stamp duty. Related publications ... Read more...
30 October 2017
Article by Paul Frijters Taxation is the potential downfall of the EU as an institution. The reason is that within the EU, several member states are making money from the tax evasion in other member states,... Read more...
11 October 2017
R&D tax relief encourages investment in research and development across the economy, according to a recently published study by the London School of Economics (LSE). Researchers from the LSE’s Centre... Read more...
02 October 2017
Stamp duty is making the housing crisis worse because it is deterring older homeowners from downsizing, it has been claimed. A report by the London School of Economics and the VATT Institute for Economic Resea... Read more...
16 August 2017
A recent paper by Christian Hilber of the London School of Economics suggests that stamp duty reduces the rate of home moving by about a fifth. Related publications ‘Transfer Taxes and Household Mo... Read more...
14 August 2017
Academics have claimed that the housing market is being adversely affected by stamp duty. According to research from the London School of Economics and the VATT Institute for Economic Research, the duty is det... Read more...
Professor Christian Hilber, who co-authored the report, said: "Stamp duty discourages young expanding families from moving to more adequate, larger housing and it discourages the elderly from downsizing. ... Read more...
11 August 2017
Current stamp duty rates are deterring older buyers from downsizing and therefore freeing up homes for those further down the housing ladder, but the research from the London School of Economics and the VATT I... Read more...
Present rates of Stamp Duty are putting older buyers off downsizing and stopping more homes coming onto the market for those at the bottom of the housing ladder. Research from the London School of Economics an... Read more...
By raising the costs of moving home, stamp duty is likely to have “very substantial detrimental effects” on the property market, according to research released this week by academics from the Londo... Read more...
Snippet: ... A report by the London School of Economics also claimed that stamp duty is making the housing crisis worse because it is deterring older homeowners from downsizing. Related publications ... Read more...
10 August 2017
Snippet: ... "The important message for our paper is that the taxation has significantly hurt the liquidity," said Professor Christian Hilber, co-author of the report. Related publications &lsq... Read more...
Co-author of the report, Professor Christian Hilber, said: “The key message of our paper is that stamp duty hampers mobility significantly’… Related publications ‘Transfer Taxes ... Read more...
The tax is stopping young families from moving to a larger home, a report says, and deterring older people from downsizing. Snippet: ...Professor Christian Hilber, who co-authored the report, said: "Th... Read more...
"The important message of our paper is that the taxation is significantly damaging to liquidity," said Professor Christian Hilber, co-author of the report. "" If a young family adds a filia... Read more...
09 August 2017
A cabinet minister, who apparently wishes to remain anonymous, has told the Daily Telegraph that stamp duty must be reformed as it is exacerbating the housing crisis, stopping older homeowners from downsizing.... Read more...
A study by the London School of Economics and the VATT Institute for Economic Research found Stamp Duty, or property transfer taxes, were making households less likely to move, particularly over shorter distan... Read more...
Snippet: ... Prof Christian Hilber, of the London School of Economics, tells the paper the key message from the research is that stamp duty hampers mobility significantly. Related publications ‘Tra... Read more...
Snippet: ... Prof Christian Hilber, who co-authored the report, said: “The key message of our paper is that stamp duty hampers mobility significantly. Related publications ‘Transfer Taxes and... Read more...
Snippet: ... Professor Christian Hilber, who co-authored the report told the Daily Telegraph: “The key message of our paper is that stamp duty hampers mobility significantly. Related publications &... Read more...
Snippet: ... Co-author of the report, Professor Christian Hilber, said: “The key message of our paper is that stamp duty hampers mobility significantly. Related publications ‘Transfer Taxes a... Read more...
Snippet: ... LSE Professor Christian Hilber said: "If you are a young family and you have an additional child, you'll need an additional room, but the stamp duty is discouraging this kind of move beca... Read more...
The academic paper, published jointly by the London School of Economics and the VATT Institute for Economic Research, estimates the level of home moving would increase by 27 per cent if the levy was abolished ... Read more...
However, research from the LSE and the VATT Institute for Economic Research suggests the human cost of stamp duty is even higher. It artificially reduces the rate at which people move by nearly one-third, it s... Read more...
08 August 2017
Snippet: ... A report from academics said stamp duty reduces the rate of home moving by nearly a third and meant that large homes were not being freed up for young, growing families. Related publications ... Read more...
in the last decade, the average amount of stamp duty charged per residential transaction has risen by 30% in real terms (though recent changes have lightened the load slightly for some). The need to pay thousa... Read more...
05 August 2017
A little-noticed change in Britain’s housing market spells trouble for everybody Snippet: ...n has risen by 30% in real terms (though recent changes have lightened the load slightly). The need to pay ... Read more...
Nevertheless, manufacturers see cause for optimism. The U.S. economy has added some 41,000 manufacturing jobs since February, and large firms such as GM and Hyundai have announced new investments in U.S. facto... Read more...
18 May 2017
Dennis Novy gave a live TV interview to Al Jazeera. The topic was the confirmation of Steven Mnuchin as the new U.S. Treasury Secretary. The interview covered the proposed U.S. tax reforms and how changes to f... Read more...
14 February 2017
A dedicated tax is the only way that we can be sure the government is reflecting public wishes, argues Richard Layard, emeritus professor at the London School of Economics. He points out that Britain currently... Read more...
09 February 2017
Britain currently spends less on health as a share of national income than other equivalent countries, according to economist Professor Richard Layard BRITS should pay a dedicated tax to fund the ailin... Read more...
A dedicated tax is the only way that we can be sure the government is reflecting public wishes, says Richard Layard, but John Appleby argues it would not protect funding from economic uncertainty Yes—... Read more...
08 February 2017
Contributing factors include weaker tax revenues and pressure to rein in cuts Question: ‘Do you think the government will need to borrow more than it has forecast in 2017?’ Stephen Mach... Read more...
02 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
A conversation with MIT’s John Van Reenen When we talk about innovators, we normally talk about how someone becomes one—not when. We talk about the success or failure of their experiments, produ... Read more...
16 December 2016
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
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
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...
20 July 2016
Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left and to ''make America great again'' from the right. But the wage gap separating ... Read more...
05 July 2016
The economic consequences of leaving the EU have been a central focus of the referendum campaign. As June 23 draws near, Jagjit Chadha, Paul Johnson and John Van Reenen bring together the conclusions from their research ... Read more...
21 June 2016
Recently Gabriel Zucman, of the London School of Economics, estimated that $7.6-trillion of global cross-border wealth is being held in tax havens. This figure includes only financial assets. If it also accounted for ass... Read more...
16 May 2016
The OECD published a report analysing the economic consequences of a UK exit from the EU. Presenting the findings of the report at the London School of Economics this morning, Gurria described the impact of leaving the E... Read more...
27 April 2016
The Panama Papers have helped expose just how big the problems of offshore tax havens are. Professor Gabriel Zucman, from the London School of Economics, had already estimated the amount of offshore money by measuring di... Read more...
19 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
Weekly recommendations include: On the LSE Business Review blog, work by Nguyen and Van Reenen using an RDD to show that tax credits increased R&D spending and innovation among SMEs in the UK. The item was published by... Read more...
18 March 2016
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...
11 March 2016
In an article entitled 'Be happy, pay more to the taxman', Professor Richard Layard argues that it is the income gap, rather than total wealth that is most pertinent to people's happiness. Studies show, writes Layard, th... Read more...
08 March 2016
Chancellor George Osborne will struggle to impose further spending cuts over the next five years, most economists believe. Question: Fiscal policy: Please explain which of the below statements is closest to your views.... Read more...
03 January 2016
Chancellor George Osborne survived the Bush Tucker trial that was Wednesday's spending review. ... Professor John Van Reenen, director of the Centre for Economic Performance, said: ''The sexy centrefold was a naked rever... Read more...
28 November 2015
Director of the Centre for Economic Performance at the London School of Economics, John Van Reenen, gives his reaction to the Autumn Statement. Whilst the U-turn on tax credits might appear to be the big story in the sh... Read more...
26 November 2015
In his speech Sanders also cited a remarkable statistic: 0.1 percent of American families enjoy almost as much as wealth 90 percent of the rest of the country put together. In 2014 just 160,000 families - each with a ne... Read more...
21 November 2015
Look out, Thomas Piketty. Here comes Gabriel Zucman. With a slim new book that has the feel of Piketty's bestselling Capital in the 21st Century, Zucman, a baby-faced 28-year-old University of California-Berkeley econom... Read more...
21 September 2015
We decided to examine Sanders' statement that the richest 0.1 percent has nearly as much as the bottom 90 percent. Its a standard line in Sanders' speeches. Warren Gunnels, policy director of Sanders' presidential campai... Read more...
Economists Emmanuel Saez of the University of California-Berkeley and Gabriel Zucman of the London School of Economics have been studying wealth inequality for a long time. Here is their graph of the divergence in wealth... Read more...
10 September 2015
...realisee par Henrik Jacobsen Kleven, professeur d'economie à la London School of Economics, montre au contraire,... Tax-shift: A Government of the 1% who are greatly mistaken However, the reasoning of the Governmen... Read more...
01 September 2015
It remains unclear whether the levy would be introduced as a one-off cost or an annual tax. Sir David Metcalf, a former London School of Economics professor who chairs the MAC, echoed Lloyds yesterday, saying that as a r... Read more...
14 August 2015
A large body of empirical evidence suggests either that reasonable minimum wages do not destroy jobs at all, or that they do not destroy very many. The evidence is, of course, mixed and contested. Much of it comes from t... Read more...
10 July 2015
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...
09 July 2015
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...
For the first question, the argument for lowering the rate is that a higher rate makes people behave in such a way that there is less income to be taxed in the first place. So a higher rate may not bring in much more mon... Read more...
25 June 2015
Iain Duncan Smith, the welfare secretary, has exhorted companies to ''pay their full share'' of workers' remuneration rather than leaving it to the state to prop up incomes through tax credits. Professor Steve Machin, re... Read more...
23 June 2015
...nero su bianco dal responsabile economico del partito Luis Garicano, economista della London school of Economics e precedentemente a Chicago, dove e stato allievo del premio Nobel per l'economia ... The proposal was... Read more...
22 June 2015
A new paper by Mr Saez and Gabriel Zucman of the London School of Economics reckons past estimates badly underestimated the share of wealth belonging to the very rich. It uses a richer variety of sources than prior studi... Read more...
In a recent briefing from the London School of Economics, Alan Manning writes that raising tax from 45 to 50 per cent has highly uncertain, but small, effects on the public finances. But what is clear is that if the high... Read more...
22 April 2015
It is likely that there will be tax increases after the election whoever wins, concludes a new report from the Centre for Economic Performance (CEP), based at LSE, in the latest in a series of background briefings on the... Read more...
13 March 2015
John Van Reenen examines the spending plans of the three major parties over the next Parliament, finding that, while all are currently planning for continued and severe austerity, the Conservatives' plan would bring down... Read more...
12 March 2015
11 March 2015
Article by Professor John Van Reenen, Director of the Centre for Economic Performance All elections since 1992 have been followed by net tax increases of around £5 billion in today's money. It is therefore incumbe... Read more...
Robert Peston speaks to Gabriel Zucman and other policymakers and opinion shapers, discussing inequality in the US and around the globe. The programme was broadcast by the BBC World Service on March 4, 2015 Link to... Read more...
04 March 2015
Norwegians with hidden fortunes in foreign banks should provide them before it is too late. Skjulte formuer i skatteparadis er en global utfordring. Fordi skatteparadisene tradisjonelt har hemmeligholdt slik informasjon... Read more...
09 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
According to a study by Professor Gabriel Zucman, of the London School of Economics, quoted by MM, on 26 November, at least 8 percent of the world's wealth, or about $7.6 trillion, are in private accounts in tax havens. ... Read more...
02 February 2015
Skype lax tax in Luxembourg Luxembourg signed that Janus Friis' booming IT giant worth nothing, shortly before it was sold for 19 billion kr. According to a new leak of secret treasures agreements. The French economist... Read more...
09 December 2014
Los calculos, del economista frances de la London School of Economics Gabriel Zucman, basados principalmente en datos del Banco Central Suizo, del Tesoro estadounidense y de estimaciones a partir de fuentes y calculos in... Read more...
08 December 2014
Pour Gabriel Zucman, professeur a la London School of Economics et specialiste des paradis fiscaux, la decision britannique de taxer les profits realises au Royaume-Uni va d'ailleurs dans le bon sens. ''Dans le principe,... Read more...
04 December 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
Another report, published by the London School of Economics and backed by Nick Clegg, stated that our strategy for dealing with drugs ''can no longer be justified''. It's not just statistics that point towards the need f... Read more...
04 July 2014
Article by Jan-Emmanuel De Neve, Cait Lamberton and Michael Norton Non-compliance with tax costs governments billions, in part because people really don't like paying taxes. This column reports two experiments designed ... Read more...
30 May 2014
Research by Professors Cait Lamberton, Jan-Emmanuel De Neve and Michael Norton suggests that the annual tax filing process offers an unexploited opportunity for governments to engage with taxpayers - and one that could ... Read more...
29 May 2014
Lessons from behavioural economics can boost tax compliance In another new paper researchers [from the Centre for Economic Performance and Harvard Business School] investigate whether these receipts work as intended. Th... Read more...
24 May 2014