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A presumption is favour of development is a good thing, but the government should be more targeted in where it encourages growth, write Nikhil Datta and Amrita Kulka. ... Read more...
25 August 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
With great sadness we have learnt that our good friend and colleague David Metcalf has passed away. Together with Richard Layard and Stephen Nickell, David set up the Centre for Labour Economics, which became the Centre ... Read more...
09 February 2026
Congratulations to Anna Valero, distinguished policy fellow at LSE and director of CEP's growth programme, who has been appointed as industrial strategy adviser to the chancellor. Dr Valero, a growth and productivity ex... Read more...
23 October 2025
Paul Cheshire features in this investigation into the UK's housing crisis and whether the government's promise to build 1.5 million new homes by 2029 can be met. ... Read more...
20 October 2025
Congratulations to Philippe Aghion, professor at the College de France and INSEAD, and at the London School of Economics, who has been awarded the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nob... Read more...
13 October 2025
Ria Ivandic, CEP associate, shares research showing that 88% of repeat cases of domestic abuse violence had previously been categorised as standard or medium risk under the DASH risk assessment, rather than high ri... Read more...
26 August 2025
We are deeply saddened to hear that CEP associate Ghazala Azmat, Professor of Economics at Sciences Po, passed away on Saturday, 7 June. Ghazala was a leading applied microeconomist, known for her work on labour markets,... Read more...
10 June 2025
Richard Layard writing in the Financial Times, says that a clear commitment to train young people for work will help the government's economic agenda. ... Read more...
21 March 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
Paul Cheshire and Christian Hilber comment on proposed changes to the planning system in Britain, arguing the government has shied away from the reform that is needed. ... Read more...
04 March 2025
John Van Reenen has spent his professional lifetime probing the weak spots of the UK economy. Now he is based in an office next to Reeves's at the Treasury, with his three fellow advisers. One Labour source says they str... Read more...
17 January 2025
Henry Overman OBE, professor of economic geography at LSE and CEP research director, has been appointed to the Industrial Strategy Advisory Council, it was announced today. Professor Overman is one of 16 members of the ... Read more...
17 December 2024
Congratulations to Daniel Chandler who has been awarded the 2024 Voltaire Lecture Medal for his work on how to create a fair society. Chandler, research director of the LSE’s Programme on Cohesive Capitalism and a... Read more...
12 September 2024
Congratulations to Henry Overman, Professor of Economic Geography and Research Director of the Centre for Economic Performance, who has been recognised in the King's Birthday Honours List 2024. Professor Overman has bee... Read more...
17 June 2024
CEP researchers Christian Hilber and Paul Cheshire compare the decline in the UK's home ownership rate, from 70 per cent in 2004 to 64 per cent in recent years, to other countries around the world - UK house prices have ... Read more...
25 June 2023
Anna Valero has been appointed to the chancellor’s economic advisory council, it was announced today. The council provides independent, expert advice on economic policy to help grow the economy. Dr Valero, senior... Read more...
18 April 2023
Richard Layard explains the benefits of making wellbeing a core public policy. ... Read more...
07 March 2023
Without inherited wealth or a leg-up from the Bank of Mum and Dad, prospective first-time buyers are forced to abandon dreams of home ownership. Paul Cheshire describes the state of affairs for first-time buyers in Londo... Read more...
27 January 2023
The Economist covers Stephan Heblich, Stephen J. Redding and Hans-Joachim Voth's work on Slavery and the British Industrial Revolution in this article, reporting on the causes of the Industrial Revolution. ... Read more...
17 January 2023
Congratulations to Henry Overman, research director of the Centre for Economic Performance (CEP) and professor of economic geography at LSE, who has been elected as a new Fellow of the British Academy. He is among 85 ne... Read more...
22 July 2022
High energy prices are causing problems, as are the consequences of the Covid pandemic and the effects of Brexit. But research by the Resolution Foundation and the Center for Economic Performance suggests the causes of t... Read more...
15 July 2022
Britain's cost of living crisis is being made worse by Brexit dragging down the country's growth potential and costing workers hundreds of pounds a year in lost pay, say researchers. The Resolution Foundation thinktank a... Read more...
22 June 2022
Britain’s departure from the EU has damaged its competitiveness and will cut productivity and wages over the next ten years. Instead of the expected effect of narrowly reducing exports to the EU, Brexit has “... Read more...
Restarting the Future, a new book by Jonathan Haskel and Stian Westlake, presents the idea that intangible assets, though hard to see and measure, are critically important to foster. ... Read more...
19 May 2022
Swati Dhingra has been appointed to the Bank of England’s Monetary Policy Committee (MPC) by chancellor Rishi Sunak. The MPC is responsible for deciding what monetary policy action the Bank of England will take to... Read more...
12 May 2022
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
Interview with Swati Dhingra - is this the end of globalisation? In a series of special programmes, Newsnight looks at the impact of the war in Ukraine on the world. ... Read more...
18 March 2022
About half of all firms are struggling to recruit new workers and business confidence is dipping, according to new research from the CEP. Researchers also found that one in five are having issues retaining exi... Read more...
15 December 2021
A report published by the Centre for Economic Performance at the London School of Economics shows, the self-employed have not fared well over the past couple of years. Even by the end of this summer they were ... Read more...
22 November 2021
Paul Cheshire speaks on some of the wider problems of the UK housing market. ... Read more...
01 October 2021
A million workers are still employed by businesses at risk of closure over the next three months, as the government is poised to withdraw critical Covid support schemes, according to new analysis by Peter Lamb... Read more...
15 August 2021
A study by Ria Ivandic, Tom Kirchmaier and Neus Torres-Blas finds that a “considerable amount of domestic abuse” could be mitigated by arranging football fixtures on weekdays or... Read more...
09 July 2021
Researchers find alcohol consumption - rather than heightened emotions - is to blame for rises in male-on-female violence following matches, and this could be reduced by more evening and weekend games. ... Read more...
05 July 2021
Researchers at the LSE’s Centre for Economic Performance find alcohol consumption following football matches is fuelling domestic abuse in the hours after a game and suggest that... Read more...
04 July 2021
A majority of urban Indians left unemployed by the coronavirus pandemic want the government to guarantee them jobs like it does for people in rural areas, says a study by Swati Dhingra and Fjolla Kon... Read more...
02 July 2021
Following the publication of the World Happiness report 2021, Rodger Dean Duncan interviews Richard Layard on happiness and mental health during the Covid-19 pandemic. ... Read more...
01 June 2021
The Resolution Foundation and Centre for Economic Performance of the London School of Economics launch an important inquiry, analysing how the country must grapple with recovery from Covid-19, the af... Read more...
31 May 2021
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
The country is not neither prepared for, nor used to, change on the scale required to deal with climate change, Brexit, an ageing population, Covid and technological shifts, says report by the Economy 2030 Inq... Read more...
18 May 2021
A joint project by the Resolution Foundation thinktank and the London School of Economics said the UK was neither used to nor prepared for the challenges posed by the aftermath of Covid-19, Brexit, the ne... Read more...
The UK is facing a ‘decisive decade’ of change as five seismic economic shifts – the Covid aftermath, Brexit, the Net Zero transition, an older population and rapid technological change - com... Read more...
House prices could fall when the stamp duty holiday comes to a close. London is particularly vulnerable because the price of houses rose particularly sharply over 2020, while the population of the capital... Read more...
30 March 2021
LSE study says there has been little exodus to rural areas in past year but buyers have sought space, with detached houses close to the centre of London seeing the biggest price increases over the past year. ... Read more...
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
The final report of the LSE Economic Diplomacy Commission, which proposes a framework for the UK’s trade agenda that seeks to balance commercial openness with strategic domestic and foreign policy aims, ... Read more...
09 February 2021
Swati Dhingra examines a decade of high-quality farmer-buyer data from Kenya during a period when it introduced radical farm laws to encourage agri-businesses to determine impacts on small farmers. ... Read more...
15 January 2021
A survey of nearly 100 economists revealed that most of them expect the size of the economy not to return to pre-pandemic levels until the third quarter of 2022, despite the expectation of a strong consumer-le... Read more...
03 January 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
Lee Elliot Major and Stephen Machin remember the drive behind Roosevelt's New Deal which created millions of jobs during America's Great Depression in the 1930s and examine how government policy could ... Read more...
08 December 2020
A report by the Centre for Economic Performance found that seven in 10 firms “expect a no-deal Brexit to negatively impact their business”, adding that the consequences of no deal are "se... Read more...
07 December 2020
Every day, policy makers have to decide whether a policy is desirable by examining its impact on a whole range of outcomes. But the problem is how to aggregate these disparate outcomes. Richard Layard et al&nb... Read more...
24 September 2020
Big cities thrive because of the economic and social benefits of proximity – but proximity also helps to spread Covid-19. Does this mean an end to the big city revival of recent years? Much will depend o... Read more...
23 September 2020
Amidst increasing levels of money laundering, Tom Kirchmaier suggests a three-step solution to the issues faced by banks. ... Read more...
21 September 2020
A multi-million-pound research programme to help boost UK productivity is to be led by Professor John Van Reenen, associate and former director of the Centre for Economic Performance. The Programme on Innov... Read more...
21 August 2020
There's an opportunity to build a new social contract, tackle inequality, foster innovation and adopt a long-term industrial strategy, write Sam Unsworth and Anna Valero. ... Read more...
18 May 2020
Discussing the potential effects of COVID-19 on housing, Paul Cheshire and Christian Hilber write that real house prices and rents may initially fall. Yet housing will remain unaffordable f... Read more...
06 May 2020
Speaking to Econ Films’ CoronaNomics show Lord Gus O’Donnell said he feared the impact of the lockdown was undermining the Prime Minister’s ambitions of reducing income and regional... Read more...
To speculate usefully about the effects of the COVID-19 pandemic on Britain’s housing markets one needs a clear analytical understanding of how our housing markets work and what forces cause them to chan... Read more...
17 April 2020
Jack Blundell identifies groups among self-employed workers, to aid in finding methods to support and protect workers through public policy. ... Read more...
Published February 2020, this paper finds evidence that the use of machine-learning can be an effective tool in assessing risk in domestic abuse cases, and so informing priorities for police response. ... Read more...
08 April 2020
A selection of comments from academics, journalists and other experts on the crisis facing many countries across Europe. ... Read more...
20 March 2020
While the 2020 Budget offers an overall adequate response to the challenges currently posed by coronavirus, there are three issues that need to be addressed further, especially as the outbreak becomes more wid... Read more...
12 March 2020
Professor Stephen Machin, director of CEP, and Henry Overman, research director of CEP, contribute to an investigation into the differences in wages and opportunities across the country and why some towns and ... Read more...
09 March 2020
Transport upgrades are a key part of the Northern Powerhouse strategy, but there is some criticism about how much large-scale public investment in transport can act as a panacea for economic development. Profe... Read more...
26 February 2020
Special report: includes research findings from CEP researchers Paul Cheshire and Christian Hilber [paywall] INREV THE ECONOMIC IMPACTS OF HELP TO BUY* Felipe Carozzi London School of Economics & Centre for Economic Pe... Read more...
22 January 2020
Policies targeted at specific places don't always benefit the intended people, the research director of the LSE's Centre for Economic Performance warns. ... Read more...
29 November 2019
Not quite. The problem is uncertainty. A Corbyn government would break with the economic policies we have been accustomed to since the 1980s. This alone generates uncertainty. And the clichè is right; markets real... Read more...
11 November 2019
Congratulations to Dr Swati Dhingra, associate professor of economics at the Centre for Economic Performance, who has won the People's Choice Award at the ONS research excellence awards 2019. The ONS's research excell... Read more...
04 November 2019
The study by the London School of Economics argued that the ban had damaged the local construction and tourism industries. It was claimed that it had caused the pool of available homes to shrink as housebuilders walked a... Read more...
01 November 2019
But their ban has backfired, according to a report by the London School of Economics. The developers have simply walked away, causing the number of new homes being built to shrink and for prices to soar. And ... Read more...
Read more...
31 October 2019
However, Professor Christian Hilber believes the ban could increase the "ghost town effect" as it inadvertently reduced the number of available homes due to building companies finding new work in surrounding areas. The ... Read more...
How can social mobility be improved? Lee Elliot Major and Stephen Machin write that merely tweaking existing policies will not transform society. They outline four major changes that have the potential to actually do so.... Read more...
30 October 2019
Max Nathan is an associate professor at the Centre for Advanced Spatial Analysis, University College London. London's technology ecosystem is thriving. The city has more than 50,000 tech firms, with over 260,000 employe... Read more...
29 October 2019
Disadvantaged areas need evidence-based approaches, not policy innovation, argues the director of the What Works Centre for Local Economic Growth. Evidence-based policy in disadvantaged places, What Works Centre for Eco... Read more...
25 October 2019
We are very pleased to have launched our collaborative work on disadvantaged places. This project looks in depth at policy, and the use of evidence, in places in the UK that are most disadvantaged, sometimes referred to... Read more...
24 October 2019
A new data set helps address the lack of innovation data able to capture firms' internal mechanisms and behaviours, write Max Nathan and Anna Cecilia Rosso. What Works Well Centre for Economic Growth... Read more...
02 October 2019
Home Affairs editor A THOUSAND "commuter villages" with 2.1million new homes should be built on the green belt near railway stations to help solve the housing crisis, a leading government adviser and academic has propose... Read more...
22 September 2019
A new paper by economists Nicholas Bloom, John Van Reenen and Heidi Williams canvasses the principal policies that governments have used to nurture innovation. A Toolkit of Policies to Promote Innovation, Nicholas Bloom... Read more...
20 September 2019
Interview with CEP’s Ria Ivandic about the CEP Crime research programme. ... Read more...
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
A no-deal Brexit means that Britain will revert to WTO rules to trade with the EU and the rest of the world. This means import duties and various controls on trade, which economists at LSE's Centre for Economic Performan... Read more...
Such things occur outside idle thought experiments. Guy Michaels, of the London School of Economics, and Ferdinand Rauch, of the University of Oxford, studied the fortunes of Roman-era towns in Britain and France. When t... Read more...
09 September 2019
The national survey on happiness index is a late development, because social economists have found that although the economies of various countries will grow more or less, the happiness of the people has not continued to... Read more...
08 September 2019
Dr Thomas Sampson explains what the immediate impacts of a no-deal will have on UK trade. Professor Thomas Sampson from @CEP_LSE explains what the immediate impacts of a #nodeal will have on UK trade.#Nodealexplain... Read more...
05 September 2019
The high level of uncertainty is measurable. A 2016 study by Scott Baker of Northwestern University, Nick Bloom of Stanford University, and Steven Davis of the University of Chicago, quantified political uncertainty in t... Read more...
25 August 2019
City centres aren't dying as a response to big-box openings; they are only changing their commercial structure, writes Maria Sanchez-Vidal. ... Read more...
21 August 2019
19 August 2019
To help John and the journalist, we asked our World Wellbeing Panel to comment on the wellbeing arising from luxury goods. With aspirations of one day owning that Lamborghini, we expected our panel of economists to agree... Read more...
07 August 2019
Facilitating trade in services, particularly knowledge-intensive ones, requires strong global cities as trade hubs, write Saul Estrin and Daniel Shapiro.... Read more...
25 July 2019
There is an almost complete pass-through of tariffs into prices paid by US importers; consumers pick up the tab, write Mary Amiti, Stephen Redding and David E. Weinstein.... Read more...
24 July 2019
Both Christian Hilber, professor of economic geography at LSE, and Rory Meakin, research fellow at the TaxPayers' Alliance, thought stamp duty hindered some from downsizing and meant larger family homes were generally un... Read more...
23 July 2019
More than a century ago, the opening of the Panama Canal revolutionized international trade by making it much quicker and easier to travel between the Atlantic and Pacific Oceans. But, write Stephan Maurer and Ferdinand ... Read more...
22 July 2019
A study at the London School of Economics has found that such bans damage local construction and tourism industries. At the same time, outsiders, who are banned from new-build homes, flood the market for older places, pu... Read more...
20 July 2019
John Van Reenen, MIT, discusses work he has done on how 'superstar firms' such as Google and Apple have changed the global economy. The superstars, although big, employ relatively few workers and this has contributed to ... Read more...
16 July 2019
Properties on the Lockington Crescent estate were on the market for between £4,500 and £7,000 - considerably cheaper than in London, where homes were up to 30% more expensive, according to economic historian ... Read more...
07 July 2019
By Gianmarco Ottaviano, Professor of Economics, Bocconi University. Originally published at VoxEU... Read more...
03 July 2019
By Gianmarco Ottaviano Economic geography strikes back. After a couple of decades of easy talk about the 'death of distance' in the age of globalisation, the promise of a world of rising living standards for all is inc... Read more...
The 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
Tito Boeri interviews Raghuram G. Rajan With industrialized countries beset by a political backlash against trade, technology, migration, and other hallmarks of the modern global economy, expert solutions are needed now... Read more...
28 June 2019
Coverage of LSE's #EvidencePod at Evidence Week in Parliament.... Read more...
3) In the Fall 2017 issue of the Journal of Economic Perspectives, and Thomas Sampson sums up the research on what is known and what might come next in "Brexit: The Economics of International Disintegration," In turn, I... Read more...
23 June 2019
The achievements of the Chinese and Vietnamese economies lead to a debate on state capitalism as a viable model of further development. Economists Leonardo Baccini, Giammario Impullitti and Edmund Malesky present on VoxE... Read more...
19 June 2019
The author of a new paper examining satisfaction with home ownership said the pleasure many buyers take in their increasingly big houses is often undermined by envy. "If I bought a house to feel like 'I'm the king of th... Read more...
13 June 2019
Although the median size for a newly-built single-family house has increased from 1,500 square feet in 1973 to more than 2,400 square feet in 2017 according to Census Bureau data, Americans aren't happier with their big ... Read more...
12 June 2019
But according to a recent paper, Americans aren't getting any happier with their ever bigger homes. "Despite a major upscaling of single-family houses since 1980," writes Clement Bellet, a postdoctoral fellow at the Euro... Read more...
11 June 2019
In the latest Happiness Report, authors John F. Helliwell, Richard Layard and Jeffrey D. Sachs highlight the fact that links between government and happiness operate both ways, i.e., what governments do affects happiness... Read more...
In a fascinating new paper, economists David Jacks and Dennis Novy argue that today's contentious trade disputes recall what happened during the Great Depression of the 1930s. Led by Great Britain and Germany, competing ... Read more...
06 June 2019
"At the moment, we have not witnessed a wholesale collapse of the modern trading system. This is partially for the fact that policymakers seem to have learned some of the lessons of interwar history by not responding in ... Read more...
Who compromises most in such cases? Generally, size matters: big trading economies are usually in a position to dictate terms to smaller partners. In the words of professor Dennis Novy of the University of Warwick: "Th... Read more...
05 June 2019
04 June 2019
Snippet... Philippe Aghion London School of Economics Felix Fitzroy St Andrews Marianne Sensier University of Manchester Christine Cooper University of Edinburgh Elisa Van Waeyenberge Soas Roberto Veneziani Queen Mary Un... Read more...
03 June 2019
To help us sort out the prospects of a bilateral trade deal between the U.S. and the U.K. and to look at the historical context, we're joined by Professor Dennis Novy. He's an economist at the University of Warwick. Welc... Read more...
Populism has been used by right-wing forces as a lever to undermine the ruling elite, exploiting discontent. The solution? "The European Union now has the task of working on a new idea of sovereignty, which goes beyond n... Read more...
In the words of Professor Richard Layard, an expert on life satisfaction across populations, of the London School of Economics, 'this budget is a game-changing event.' Moreover, he indicated that there is 'no other major... Read more...
02 June 2019
These questions have confronted utilitarians, the most influential of whom was the philosopher Jeremy Bentham, from the beginning. But some modern-day utilitarians, foremost among them Richard Layard of the London School... Read more...
31 May 2019
The paper, from the all-party parliamentary group on wellbeing economics, written by O'Donnell and other leading MPs and peers, calls on the government to use the spending review to boost its funding for mental health se... Read more...
24 May 2019
The report, which is launched today, comes from the All Party Parliamentary Group on Wellbeing Economics. The authors include Lord Gus O'Donnell (the former Cabinet Secretary), Chris Ruane MP (chair), Lord Richard Layard... Read more...
"This budget is a game-changing event," said Richard Layard, a professor at the London School of Economics who is an expert on life satisfaction across populations. New Zealand is not the only country that is starting t... Read more...
22 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
Snippet ... 80% of new housing is going on so called brownfield land in the south-east but relatively little brownfield land in the right places at the you can develop a reasonable prices that have to build on some green... Read more...
The economic losses from Trump's trade war compound that burden. A study by researchers at the Federal Reserve Bank of New York, Columbia University and Princeton University found that trade warfare was costing Americans... Read more...
17 May 2019
15 May 2019
Research from Mary Amiti of the New York Fed, Stephen Redding of Princeton University and David Weinstein of Columbia University in March found that the "full incidence" of the tariffs has fallen on domestic consumers so... Read more...
14 May 2019
13 May 2019
This article was written by professor Andrew E. Clark (LSE), and professor Conchita D'Ambrosi and Marta Barazzetta, from the University of Luxembourg. A version of this article was first published on the LSE blog. For mo... Read more...
12 May 2019
10 May 2019
09 May 2019
What makes this idea particularly absurd is that studies repeatedly find that lower-income households experience greater inflation than higher - earning ones. (Researcher Xavier Jaravel dubbed this "inflation inequality"... Read more...
08 May 2019
Dr Anna Valero, innovation fellow at the London School of Economics, said the results of the funding would inform local and national governments to improve access to technology.... Read more...
06 May 2019
01 May 2019
Is there a relationship between childhood circumstances and outcomes later on in life? Andrew E. Clark, Conchita D'Ambrosio, and Marta Barazzetta consider the cognitive and non-cognitive consequences on young adults who ... Read more...
30 April 2019
During a debate on the composition of the MAC, it was noted that the Chairman, Professor Alan Manning, is an economist from LSE. George Eustice MP (Con, Cambourne and Redruth) called for the Cttee to be expanded to bring... Read more...
... in property. Professor Christian Hilber, professor of economic geography ...... Read more...
27 April 2019
In a new CEP Discussion Paper, "Affordability, Financial Innovation and the Start of the Housing Boom" my coauthors and I study the relationship between the start of the housing boom and the use of non-traditional mortga... Read more...
26 April 2019
19 April 2019
17 April 2019
Doing better financially than your parents is an important marker of success, and for much of the last half century, real earnings growth in the UK was strong enough that most young people achieved this milestone. But ne... Read more...
15 April 2019
Original information: Chiara Criscuolo, Ralf Martin, Henry G. Overman, John Van Reenen. Some Causal Effects of an Industrial Policy. American Economic Review, 2019, 109(1): 48-85. Governments around the world provide la... Read more...
14 April 2019
Jo Blanden, co-author of the study, said: 'Research and political debate have focused on relative social mobility - that is, whether those with higher incomes are likely to have children who are also relatively well-off'... Read more...
12 April 2019
11 April 2019
House prices indicate the value of canals as an environmental resource to local residents in England and Wales, write Stephen Gibbons, Cong Peng and Cheng Keat Tang. ... Read more...
09 April 2019
05 April 2019
04 April 2019
Figure of the week - $1.4bn a month. The hit to US prices and welfare produced by Mr Trump's trade policies in 2018, according to research by Mary Amiti of the Federal Reserve Bank of New York, Stephen Redding of Princet... Read more...
Our recent research investigates the value of this resource to local residents in England and Wales, using house prices. Analysis of house prices is a well-established method within urban and environmental economics for ... Read more...
02 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
27 March 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...
...13, Centre for Economic Performance, London School of Economics.... Read more...
26 March 2019
Meanwhile, a very interesting new paper by economists Philippe Aghion, Antonin Bergeaud, Gilbert Cette, Remy Lecat and Helene Maghin looks at the relationship between credit constraints and productivity at the level of i... Read more...
25 March 2019
Donald Trump has cited the example of one of his US presidential predecessors, Ronald Reagan, in support of his protectionist policies. But as research by Ufuk Akcigit, Sina Ates and Giammario Impullitti shows, it was th... Read more...
19 March 2019
In this interview, Paul Cheshire shares his over 50 years of experience on urban economics. He talks about why "land is making a comeback", reasons for the dramatic turnaround in the value of land, the "key tools in the ... Read more...
18 March 2019
Jonathan Haskel worried by falling business investment driven by uncertainty.... Read more...
14 March 2019
A few days before the vote, three of the UK's most reputable economic institutions - the National Institute of Economic and Social Research, the Institute for Fiscal Studies and the Centre for Economic Performance at the... Read more...
Bank of England policy maker Jonathan Haskel warned that the UK may not see a material pickup in investment growth even if the government secures an exit deal with the European Union this month. Haskel, in his first spe... Read more...
11 March 2019
But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolun Yu of the London School of Economics, the clearest impact of Help to Buy has been to raise house prices, potentially by as much as 5 ... Read more...
09 March 2019
Snippet: ...home buyers. It was supposed to increase home-ownership rates among the young. Economists dispute whether it actually has. But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolu... Read more...
07 March 2019
06 March 2019
05 March 2019
But Christian Hilber, a professor of economic geography at the London School of Economics, says even if those empty apartments were occupied, they wouldn't help mitigate the affordable housing crisis.... Read more...
04 March 2019
Phlippe Aghion (College of France, LSE, and CEPR) discusses work on merged datasets from the UK - one detailing occupation & wages, the other looking at R&D and investment. ... Read more...
Economists believe "firms are more productive if they're in larger cities" says Henry Overman, a Professor of Economic Geography at the LSE. What Works Well Centre for Economic Growth ... Read more...
Just as with GDP, it is only when we move to the specifics that gross national happiness becomes useful. Richard Layard, a leading happiness researcher, argues mental illness is a leading cause of misery, and it can be t... Read more...
03 March 2019
02 March 2019
These conclusions are consistent with not only theoretical models of economics featuring AI in general equilibrium (Aghion, Jones, and Jones 2017) but also with evidence on how the introduction of robots raised labor pro... Read more...
01 March 2019
From Thorstein Veblen to Richard Layard, to Richard Easterlin and others, several economists have spent the last century trying to ... [paywall] Happiness: Lessons from a new science, Richard Layard, Penguin 2011 IS... Read more...
27 February 2019
Economists like David Blanchflower, John Van Reenen and I set out just how bad UK economic performance had been over the previous five years, but once again expertise was ignored. As far as the media were concerned, redu... Read more...
26 February 2019
Graetz, Georg and Guy Michaels (2017): "Robots at Work," Discussion Paper 1335, Centre for Economic Performance, London School of Economics and Political Science. ... Read more...
23 February 2019
Most countries pursue policies that implicitly or explicitly aim at promoting 'compact urban form', but so far these policies have not been well-grounded in evidence. This column summarises the state of knowledge on the ... Read more...
22 February 2019
Such things occur outside idle thought experiments. Guy Michaels of the London School of Economics and Ferdinand Rauch, of the University of Oxford studied ... [paywall] ... Read more...
17 February 2019
Guy Michaels, of the London School of Economics, and Ferdinand Rauch, of the University of Oxford, studied the fortunes of Roman-era towns in Britain and ... [paywall] ... Read more...
14 February 2019
The UK government's lead adviser on migration has claimed that the Home Office's net migration target no longer drives policy. Alan Manning, professor of economics at the London School of Economics and chair of the Migra... Read more...
The referendum result led to a 12 percent increase in foreign direct investment transactions from Britain into the EU between mid-2016 and September 2018, researchers from the London School of Economics' Centre for Econo... Read more...
12 February 2019
Media reports suggest that some UK firms have started to move production abroad in anticipation of Brexit. Using data on announcements of new foreign investment transactions, this column reports evidence that the Brexit ... Read more...
Dennis Novy, one of the report's authors, told CNBC: "The economic risk of Brexit is larger on the UK side of the Channel.... Read more...
A study published this morning by the Centre for Economic Performance at the LSE dissects how foreign investment has changed behaviour since the referendum. According to the LSE researchers, UK firms appear to have star... Read more...
Are firms moving investment abroad because of Brexit? Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson (LSE) use a 'doppelganger method' to estimate how foreign direct investment would have evolved without... Read more...
11 February 2019
A study conducted by academics from the London School of Economics' Centre for Economic Performance (CEP) looked into how the vote to leave the EU has affected outward investment by U.K. companies. ... Read more...
Mention of CEP report showing British firms investing outside of the UK because of Brexit. ... Read more...
The UK needs a new era of policy activism with a 'future of good work' focus, write Christopher Pissarides, Anna Thomas and Josh De Lyon.... Read more...
06 February 2019
Klaus Desmet, David Krisztian Nagy, Dzhamilya Nigmatulina, Nathaniel Young The economic geography of transition economies has changed dramatically over the last quarter century, with large urban areas growing fast and ... Read more...
04 February 2019
01 February 2019
"Lessons from this RCT will provide valuable insight into the most (a) effective and (b) cost-effective means of driving adoption of AI; whether education and convening is sufficient to drive adoption or whether a degree... Read more...
29 January 2019
The first is a strategy of reversal. This consists of interventions that aim to offset or compensate for the technological and market dynamics that cause cost disadvantages for value creation in left-behind places - plac... Read more...
21 January 2019
A British study estimated the impact of public subsidies in regions in difficulty. If a gain for the job was found but the big companies, first beneficiaries, do not change their behavior, notes the professor of economy ... Read more...
14 January 2019
Lee Elliot Major and Stephen Machin explain how Britain has become less mobile, particularly at the top and bottom of society. Social Mobility And Its Enemies, Lee Elliot Major & Stephen Machin, Pelican, October 2018... Read more...
04 January 2019
Alongside the new labour market rights, the government is also set to create a new single labour market enforcement body following a review by David Metcalf, the UK's first director of labour market enforcement, who re... Read more...
17 December 2018
Snippet: ... Build, build, build! Free exchange (November 24th) argued that there is more to high house prices in Britain than constrained supply. Well, yes, and no. The underlying cause of housing unaffordability is con... Read more...
15 December 2018
Recent political developments in the US and Europe have led to renewed interest in the large and persistent regional disparities which plague our societies. These disparities have been partly driven by a secular decline ... Read more...
11 December 2018
"Macron has acknowledged his past behavioural mistakes," said Philippe Aghion, an economist who advised him during his campaign but has judged him ... ... Read more...
"We are in the transition period and the government has run into political economic problems," said Philippe Aghion, an economist at the prestigious College de France who advised Mr. Macron during his presidential campai... Read more...
07 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...
Parliament should vote down Theresa May's Brexit deal on Tuesday. John Van Reenen (MIT/LSE) writes that while the argument for remaining in the EU is fundamentally moral and political, and not economic, it is important f... Read more...
For any Brexiters holding out the hope the EU would come to the UK's rescue because it too has much to lose from not reaching a deal, an analysis this week from the Center for Economic Performance offers l... Read more...
03 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...
"We see a lost generation," said Swati Dhingra, an economist at the London School of Economics. "There was already wage stagnation and productivity stagnation. The trade war has exacerbated all of that."... Read more...
01 December 2018
Discussion of LSE research (Healthy Minds Project) urging the government to incorporate life skills into the national curriculum. Reported widely on local BBC radio stations. ... Read more...
30 November 2018
Swati Dhingra discusses trade policy and Brexit. ... Read more...
Innovation is widely viewed as the engine of economic growth. To maximize innovation and growth, all of our brightest youth should have the opportunity to become inventors. But a study we recently conducted, jointly wit... Read more...
21 November 2018
Evidence on how the positive economic effects of universities on individuals and the economy can be maximised - by Ghazala Azmat, Richard Murphy, Anna Valero and Gill Wyness.... Read more...
What could go wrong? Many of the objections to happiness economics are well rehearsed. The authors (especially Richard Layard, who has spent the past decade reviving this neo-Benthamite idea), have heard them all and hav... Read more...
20 November 2018
Evidence-based principles for local policymakers seeking to design an effective industrial strategy - by Henry Overman and Naomi Clayton. ... Read more...
15 November 2018
Labour's move towards greater competition between hospitals where it was allowed may well have helped. Mortality rates for some illnesses appear to have declined faster where patient choice was expanded. CEP work cite... Read more...
14 November 2018
Jan-Emmanuel De Neve discusses the living wage with @EamonnHolmes on @talkRADIO Listen to @talkRADIO at 5.15pm this evening to hear Jan-Emmanuel De Neve discuss the #livingwage with @EamonnHolmes! @jedeneve pic.twitte... Read more...
08 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
By Paul Cheshire With housing nothing seems to change. This is what I wrote in 1999: “Concerns [about rising house prices] focus on the short term symptoms but it is really a long term problem. The... Read more...
11 August 2018
The prize, sponsored by Wiley is worth £5,000 and is awarded annually for achievement in research by an outstanding early career economist. Associate Professor Mirko Draca was named by the British Ac... Read more...
09 August 2018
Dr Swati Dhingra interviewed, talking about CEOs' meeting with President Trump and the importance of the trading relationship between the US and the UK, particularly given the prospect of a post-Brexit tra... Read more...
12 July 2018
Article by Natalie Chen and Dennis Novy. Currency unions usually go hand in hand with deeper economic integration. But does that automatically mean more international trade? This column shows that since the en... Read more...
09 July 2018
A detailed assessment of what the government must address in its Brexit white paper has been carried out by academic think tank The UK in a Changing Europe. The report – The Brexit w... Read more...
Proximity to a large plant plays an important role in the diffusion of knowledge and patent production, write Vincenzo Scrutinio, Christian Fons-Rosen and Katalin Szemeredi. ... Read more...
30 June 2018
The German bombing offensive brings lessons about worker density and zoning restrictions in London - and perhaps New York and Tokyo, write Gerard Dericks and Hans Koster. ... Read more...
25 June 2018
Many businesses “are going to think very hard before choosing the U.K. if they don’t know whether it will be part of the integrated market” of the European Union, said Thomas Sampson, a lectu... Read more...
22 June 2018
Article by Josh De Lyon, Elsa Leromain and Maria Molina-Domene: The Brexit debate is intense and continues to dominate the UK policy agenda. It concerns the entire population. The authors use Twitter dat... Read more...
21 June 2018
The £15bn Crossrail will serve the Buckinghamshire village of Taplow, in the green belt, next year, yet no homes can be added there, noted Professor Paul Cheshire of the London School of Economics ... Read more...
10 June 2018
Dennis Novy gave a live TV interview o n Al Jazeera on the latest US/China/EU trade disputes. Dennis discussed the economic effects of tariffs on consumers, as well as the potential consequences for the i... Read more...
03 June 2018
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
Evidence was submitted to show that nearly all rich foreign investors and their families who came to the UK under the Tier 1 scheme lived in expensive houses, sent their children to public schools and used pri... Read more...
25 May 2018
Article by Guy Michaels and Ferdinand Rauch The world is urbanising rapidly (World Urbanization Prospects, the 2011 Revision). Some of its rapidly growing cities, however, seem to be misplaced. They are ... Read more...
24 May 2018
Article by Guy Michaels and Ferdinand Rauch The world is urbanising rapidly (World Urbanization Prospects, the 2011 Revision). Some of its rapidly growing cities, however, seem to be misplaced.... Read more...
Recent studies show that scientific progress is decelerating and tends to stagnate on the whole. In the paper “Innovating Harder and Harder to Find?” published in March of this year, four economist... Read more...
Bloomberg News asked six market commentators to predict what they see happening next in London’s 1.8 trillion-pound ($2.4 trillion) housing market:… Rippling Out: Paul Cheshire, professor... Read more...
23 May 2018
Letter from Richard Layard, Director, Wellbeing Programme, London School of Economics and Political Science: “We now have the knowledge to implement that approach. Much of it is found in the annual... Read more...
19 May 2018
The rate of UK house-building has fallen well behind our demographic requirements, driven by natural population growth and net immigration. “We’ve not built nearly enough homes since the Sixties &n... Read more...
Examination is therefore a democratic tool of social climbing? Examination is the tool that makes it possible to establish the symbolic value of the graduate from the certification of his apprenticeships. This... Read more...
18 May 2018
Swati Dhingra, Lecturer at the London School of Economics, adds that the UK might be more likely to lower agricultural tariffs than the EU was during TTIP. “Historically Europe has been more concerned wi... Read more...
16 May 2018
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...
M-RCBG Associate Working Paper No. 89, Peter Sands, Ed Balls, Mehek Sethi, Eleanor Hallam, Sebastian Leape, Nyasha Weinberg, 2018. Paper interviewed and quotes Nikhil Datta, Swati Dhingra and Dennis Novy ... Read more...
15 May 2018
Interview with Stephen Gibbons. “Did the bedroom tax or 'under-occupancy charge' actually work?” ... Read more...
14 May 2018
The Treasury could also look to academia. Tenreyro sits on the board of the Womens’ Committee of the Royal Economic Society, where her colleagues include Bristol University’s Sarah Smith, Grace Lor... Read more...
That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb, entitled “Are Ideas Getting Harder to Find?” They... Read more...
13 May 2018
Economists Scott Baker, Nicholas Bloom and Steven Davis —authors of the study that measured Depression-era uncertainty—have found that economic uncertainty related to trade this March was more than... Read more...
10 May 2018
Article by Stephen Machin. As Director of the Centre for Economic Performance (CEP) at LSE, I am delighted that the Centre has been named as one of the two inaugural ESRC Research Institutes. This is tes... Read more...
This is hardly a fringe view. Economists Christian Hilber and Wouter Vermeulen point out that house prices would be 35 per cent lower if the most restrictive parts of the country (the South-East) were merely a... Read more...
08 May 2018
The Economist's Soumaya Keynes continues her quest to find out why the study of economics is so dominated by men. Does that affect the kind of economics we get, and why does that matter? In her second prog... Read more...
A new study by IZA fellows Stephen Machin and Sandra McNally with Jenifer Ruiz-Valenzuela (all researchers at the London School of Economics) analyzes the benefits (or costs) for students who just pass (or fai... Read more...
07 May 2018
The annual American Economic Journal (AEJ) Best Paper Award highlights the best paper published in each of the American Economic Journals: Applied Economics, Economic Policy, Macroeconomics, and Microeconomics... Read more...
Since Trump was elected president, many measures of policy uncertainty have jumped. Take the widely used monthly U.S. Policy Uncertainty Index created by the economists Scott Baker, Nicholas Bloom, and Steven ... Read more...
The scary idea is that easy-to-discover technology is a finite, exhaustible resource. … That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, ... Read more...
02 May 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
The World Happiness Report has been published every year since 2012, giving countries important data about the well-being of their people and how it compares to other nations’. One of the prima... Read more...
20 April 2018
BOSTON--(BUSINESS WIRE)--Organizations need competent management just as much as they need analytical brilliance, argue the winners of this year’s HBR McKinsey Award, which honors the best Harvard Busine... Read more...
17 April 2018
According to research in 2014 by the London School of Economics, wind farms can cut as much as 12 percent off the value of homes within a 2 kilometer radius, reducing property values as far as 14 kilometers aw... Read more...
SWINDON, United Kingdom – The Economic and Social Research Council(ESRC) has announced that the Centre for Economic Performance (CEP), the Enterprise Research Centre (ERC), the What Works Centre for Loca... Read more...
16 April 2018
The Economic and Social Research Council is delighted to announce that the Centre for Economic Performance (CEP), the Enterprise Research Centre (ERC), the What Works Centre for Local Economic Growth Centre (L... Read more...
According to the authors of the report, John F. Helliwell, Richard Layard and Jeffrey D. Sachs, there is a characteristic of Latin Americans that makes them different. "Unusually happy." Th... Read more...
15 April 2018
Bhutan refers to gross national happiness; in Switzerland, 25 complementary indicators to GDP have been selected. The "economists of happiness" (such as Richard Layard of the London School of Economi... Read more...
Pawel Bukowski (LSE) about the research presented at the IBS seminar “(Un)equal wages, incomes and wealth in Poland?” (Warsaw, 23/10/2017). ... Read more...
12 April 2018
A team of researchers at London's Centre for Economic Performance employed 800 volunteers to analyse athletes' faces as they stood on the medal podiums during the London Games, in order to assess their... Read more...
10 April 2018
Relocation is one successful example of public sector jobs boosting private sector activity, write Giulia Faggio, Teresa Schlüter and Philipp vom Berge. In a recent SERC discussion paper, we study t... Read more...
09 April 2018
Today for the first time, the Economic and Social Research Council (ESRC) is to recognise its global centres of excellence with official ESRC Research Institute status. The move acknowledg... Read more...
Once again, I’m brooding over science’s limits. I recently posted Q&As with three physicists with strong opinions on the topic--David Deutsch, Marcelo Gleiser and Martin Rees--as well as this c... Read more...
07 April 2018
Article by Thomas Sampson. The full economic consequences of Brexit will not be realised for many years. But 21 months after the referendum, we can start to assess how the Brexit vote ha... Read more...
05 April 2018
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
The 2018 Italian election had a notable geographic split in voting behaviour, with Lega having more support in the north of the country and the Five Star Movement proving more successful in the south. Monica L... Read more...
20 March 2018
The telegraph was the Victorian equivalent of today’s ‘big data’, helping firms to forecast future demand, writes Claudia Steinwender. How do exporters gather information about overseas... Read more...
Book of the month: We all know the adage that money doesn’t bring you happiness – but if not money, then what? That’s the question being asked in The Origins of Happiness: The Science o... Read more...
19 March 2018
In this blog, Josh De Lyon (LSE’s Centre for Economic Performance) discusses some of the concerns with the economic forecasts of the effects of Brexit and suggests that the available reports are inf... Read more...
13 March 2018
“Money can’t buy me love,” sang The Beatles, although it is doubtful that this was a rigorous empirical claim. Still, nobody disputes that there’s more to life than money and a new book... Read more...
23 February 2018
The Stanford professor and economist Nicholas Bloom brought up the potential for fraud, adding that government enforcement would be difficult. ... Read more...
21 February 2018
Theresa May and her senior ministers try to come to an agreement over the government's approach to Brexit, in the latest of a series of meetings on the UK’s future relationship with the EU. As part o... Read more...
19 February 2018
DUBAI: Professor Jeffrey Sachs, renowned economist and Chair of the World Happiness Council, has led a plenary session to discuss the findings of the first Global Happiness Policy Report on the opening day of ... Read more...
13 February 2018
Research led by Richard Layard and published in a book, The Origins of Happiness, this month reveals that even ill health, a drop in income or being divorced or widowed makes relatively little difference to th... Read more...
10 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...
08 February 2018
While Caplan dismisses the possibility that universities offer society any real economic benefit, data shows otherwise. After studying new data from UNESCO’S World Higher Education Database, covering 15,... Read more...
06 February 2018
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
DOI: 10.1111/ecoj.12424 ... Read more...
To sustain economic growth, the United States must double its overall research effort every 13 years. That’s because it is taking an increasing amount of effort to generate enough ideas to power the econ... Read more...
02 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 green belt is associated in most people’s minds with England’s “green and pleasant land” immortalised by William Blake in his poem Jerusalem. But according to Paul Cheshire, profess... Read more...
A new book by Professor Richard Layard and colleagues presents evidence on the origins of happiness, drawing on unique survey data on over 100,000 individuals in Australia, Germany, the UK and the United State... Read more...
On Monday 22nd January, I got to meet a #wellbeing hero of mine, Lord Richard Layard. Layard has been at the forefront of the wellbeing movement in the UK, forcing it onto the agenda of governments past and pr... Read more...
28 January 2018
Thus said Professor Richard Layard, the leader of the research, as quoted from kompas.com. "In the past, the country has managed to overcome the problem of poverty, unemployment, education, and physical h... Read more...
26 January 2018
... it is easy to sympathise with Thomas Jefferson’s remark, shortly after he stepped down as US president, that “The care of human life & happiness, & not their destruction, is the first &... Read more...
A third problem with GDP is that it doesn’t tell us anything about whether or not people are satisfied with their lives. Nobel Prize-winners Joseph Stiglitz and Amartya Sen have long argued that we shoul... Read more...
25 January 2018
The Federation of Master Builders reports that “skyrocketing” skill shortages mean that there are not enough workers available in all the key construction skills. The Black Country Chamber of Comme... Read more...
24 January 2018
Today is the launch of The Origins of Happiness by Andrew Clark, Sarah Flèche, Richard Layard, Nick Powdthavee and George Ward. Prof. Layard outlines the key findings and recommendations from the resear... Read more...
22 January 2018
The prospect of this book did make me happy. The idea that a group of well-respected, eminent economists would be making the case that government should focus its efforts on increasing the happiness ... Read more...
Schools and individual teachers have a huge effect on the happiness of their children. Indeed, the school that children attend affects their happiness nearly as much as it affects their academic performance. W... Read more...
In his new book 'The Origins of Happiness', Richard Layard argues that the biggest predictor of happiness is not any economic factor, but rather mental health. Based on this, Layard prop... Read more...
21 January 2018
Lord (Richard) Layard, the economist, hosted a dinner at the London School of Economics last week to celebrate the publication of a new book by him and his colleagues, called The Origins of Happiness. It is de... Read more...
Stanford economist Nicholas Bloom and his cohort analyzed the federal revenue data from the late 1970s to 2013 and found that the gap has shrunk to 20%. Professor Bloom said: "The big pay has existed for ... Read more...
18 January 2018
A recent British study by the Centre for Economic Performance compared student results across schools based on cellphone-use policies and concluded, "Schools that restrict access to mobile phone... Read more...
17 January 2018
The Government and Public Sector Report has been published today. It provides updated in 2018 year analysis of Government and Public Sector Industries. How does education affect economic and social outcomes... Read more...
13 January 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 average British household is already worse off than it was before the Brexit vote. Dennis Novy and Thomas Sampson discuss how much of the rise in inflation is due to Brexit. Higher prices are costing the a... Read more...
08 January 2018
LSE Growth Commission work was mentioned by Viscount Chandos in a House of Lords debate on Industrial Strategy on evening of 8 January 2018: In a debate on Industrial Strategy in the House of Lords Viscount... Read more...
According to the calculations of the Center for Economic Performance (CEP), Brexit will significantly affect inflation, the national currency rate, as well as the income level of the British and the overall qu... Read more...
07 January 2018
AREPORT written by a Welsh political consultant for a thinktank set up by Tony Blair paints a bleak picture of a post-Brexit future. Dafydd Rees, who has held senior positions with the BBC, Sky and Bloomberg, ... Read more...
05 January 2018
Executive summary: This document sets out some of the key things we have learnt since the referendum. These include: The Office for Budget Responsibility has downgraded UK growth expectations for the ... Read more...
04 January 2018
‘The Origins of Happiness’ by by Andrew E. Clark, Sarah Flèche, Richard Layard, Nattavudh Powdthavee, and George Ward (Publication date - January 16) The authors behin... Read more...
The following information was released by the Office of Tony Blair: Executive summary The Centre for Economic Performance says that the Brexit vote has cost the average household 404 a year. ... Read more...
03 January 2018
... Read more...
02 January 2018
The latest forecasts from major London economic research houses seem to provoke pensive respondents. The renowned London Economics University, a study by the London School of Economics (CEP), has shown that th... Read more...
01 January 2018
The London School of Economics has estimated that failing to agree a trade deal could cost the UK economy up to £430 billion over five years. ... Read more...
Large London think tanks have also drawn attention to the real wage erosion in Great Britain. The recent London-based Economics Research Center (CEP), the London-based Economics University of London, has shown... Read more...
29 December 2017
The recent study of the London School of Economics (CEP) in London has demonstrated with various model calculations that the unexpected market and real economy shock of a British EU member, who won a narrow ma... Read more...
A study published by the Center for Economic Performance at the London School of Economics says the happiest age in human life, statistically, is 23 and 69 years. Based on data from 23,161 people aged 17 and 8... Read more...
28 December 2017
Article by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova and John Van Reenen: Relatively little is known about the factors that induce people to become inventors. Using data on the lives of over... Read more...
24 December 2017
Brexit analysis from the Centre for Economic Performance recently found that the living standard of every income group in the UK would decrease after Brexit, with those on middle incomes suffering slightly mor... Read more...
22 December 2017
In a recent Guardian column, Elliot reproduced some classic misconceptions about what economists actually do By Stephen Machin and co-authors It has become routine to assault the “dismal science&rd... Read more...
20 December 2017
According to a study by the Financial Times, which analyzed a wide range of estimates and predictions, output in the UK is about 0.9% below the potential for remaining in the single market. In a complementary ... Read more...
An overhaul of university admissions processes – including an end to making offers based on predicted A level grades and a review of personal statements – is being urged in a new Sutton Trust resea... Read more...
Moreover, despite the birth of a true sub-discipline of economics - the economy of happiness - it will still take more than 40 years between the publication of the great article founder Richard A. Easterlin (&... Read more...
As the portal iz.ru wrote, according to calculations for the Center for Economic Performance, each British family will lose up to £404 per year because of Brexit. This is due to rising prices for consume... Read more...
19 December 2017
Everything paletti thus? Not quite. There is a loser, and that means Great Britain. It is becoming increasingly clear that Brexit was not a good idea, at least economically. Thomas Sampson and his colleagues f... Read more...
18 December 2017
Thomas Sampson and colleagues at the London School of Economics have examined the direct effect of sterling’s depreciation since the EU referendum on prices and living standards. With the pound falling a... Read more...
Business investment grew by 1.3 per cent in the third quarter of 2017, this is down almost five-fold against official forecasts for growth drawn up in 2016. This economic downturn after Brexit has already cost... Read more...
FT research shows that the weekly hit to the British economy could be the same £350m that Leave campaigners promised to claw back Thomas Sampson and colleagues at the London School of Economics have e... Read more...
And crooks respond to the changing value of goods, says Mirko Draca of the University of Warwick. With colleagues at the University of Glasgow and the London School of Economics, he examined the effect of pric... Read more...
16 December 2017
In June 2016, a referendum was held in Britain and the result was to withdraw from the EU. This opens the door to an experiment: what happens when an economy wants to reduce its globalization and lift its ties... Read more...
15 December 2017
John Van Reenen, an economist at MIT and another of the “Ideas” paper’s authors, has performed studies that look at talent cultivation in the U.S. by trying to determine the likelihood of som... Read more...
Article by Alan Manningi It has been more than eight years since many of the United States’ cashiers, dishwashers, janitors, lifeguards, baggage handlers, baristas, manicurists, retail employees, hous... Read more...
12 December 2017
Article by Alan Manning. It has been more than eight years since many of the United States’ cashiers, dishwashers, janitors, lifeguards, baggage handlers, baristas, manicurists, retail employees, h... Read more...
In a study of the English Center for Economic Performance, published in late autumn, it is reported that only the fact of voting for England's withdrawal from the European Union has resulted in serious los... Read more...
11 December 2017
Thus, the report for the Center for Economic Performance shows that voting for exit from the EU "was an unforeseen shock for the UK economy," the researchers conclude. "Our results provide convi... Read more...
10 December 2017
There is another B word that keeps popping up whenever the shortcomings of B for Brexit are highlighted. B for Bandwidth. We heard it from Alan Milburn as he explained why he was stepping down from his work he... Read more...
In 2008, the Centre for Economic Performance (CEP) at the London School of Economics published research for England showing high performing (academically) schools can have an impact between 3% and 12% on prope... Read more...
09 December 2017
CFM-CEPR expert survey explores two aspects of recent developments in UK house prices Question 2: Do you agree that a more widespread weakening of the UK housing market will slow UK GDP growth significantly... Read more...
08 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
The skepticism about future growth potential is becoming international. Stanford economist Nicholas Bloom recently pointed out that innovation as a growth engine has become increasingly costly. "What worr... Read more...
05 December 2017
Article by Swati Dhingra and Silvana Tenreyro How much of the world price of export crops trickles down to small farmers, who sell through agribusinesses and traders with market power? ... Read more...
04 December 2017
Article by Thomas Sampson, Dennis Novy, Holger Breinlich and Elsa Leromain Most economists believe that Brexit will be bad for the UK economy in the long-run. But what about the short-term? How ha... Read more...
In a paper title Brexit and the Impact of Immigration on the UK by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen, the writers reveal that European Union (EU) immigration has triple... Read more...
03 December 2017
New job openings attract not only local workers, but also those living relatively near, write Alan Manning and Barbara Petrongolo..... Related publications "How Local Are Labor Markets? Evidence fro... Read more...
01 December 2017
Andrew Carter talks to Bridget Rosewell and Henry Overman about the merits of big infrastructure projects. In this month’s episode, our chief executive Andrew Carter talks with Bridget Rosewell, Co... Read more...
30 November 2017
Economists have a hard time explaining why productivity growth has been shrinking. One theory: true innovation has gotten much harder – and much more expensive. So what should we do next? John V... Read more...
29 November 2017
A report by the London School of Economics’ Centre for Economics Performance earlier this month estimated that the Brexit-related spike in inflation in the UK had already cost the average UK household ar... Read more...
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
When the Industrial Strategy was up for consultation earlier in the year, my colleagues in the Centre for Vocational Education Research (CVER) and I emphasised the importance of well-targeted Active Labour Mar... Read more...
Alison Thewliss MP (SNP), Shadow SNP spokesman for Cities and Treasury referred to the recent CEP report The Brexit Vote, Inflation and UK Living Standards estimate "that the average household has... Read more...
27 November 2017
Article by Thomas Sampson et al Most economists believe that Brexit will be bad for the UK economy in the long-run. But what about the short-term? How has the referendum affected households in the first yea... Read more...
However, the regions that are now calling for special rules do not belong to those parts of the country that Brexit is likely to hit particularly hard economically. According to calculations by economists at t... Read more...
Richard Layard and his co-workers wanted to know how much money the British government has to allocate to reduce mental illness, physical ill health, unemployment and poverty. They concluded that the cheapest ... Read more...
26 November 2017
The latest work by economists at the London School of Economics estimates that, if the UK crashes out of the EU with no deal, the impact will be far more severe than the projections in the budget suggested. Th... Read more...
… Dr Thomas Sampson, who co-authored the Centre for Economic Performance research, said: "Even before Brexit occurs, the increase in inflation caused by the Leave vote has already hurt UK household... Read more...
25 November 2017
Government sources said ministers would this week release sections of assessments into the potential economic impact of Brexit carried out across Whitehall, which until recently they had tried to keep secret. ... Read more...
According to the Center for Economic Performance Research Center (CEP), one of the main consequences of the vote on leaving the European Union was a marked decrease in the quality of life of British subjects. ... Read more...
24 November 2017
If we can prevent great suffering at no cost to ourselves, we ought to do so. That principle is widely accepted and difficult to dispute. Yet Western governments are neglecting an opportunity to reduce the gre... Read more...
Right now, the British people are already paying money. Every time they go shopping, because prices have gone up, they actually can buy less with their money said Dennis Novy, research fellow at the Center for... Read more...
... according to new analysis from the Centre for Economic Performance (CEP) at the London ... ... Read more...
In the first detailed statistical analysis of how the referendum outcome has affected UK inflation, wages and living standards Thomas Sampson and his team show UK households are paying a high economic price fo... Read more...
The danger is not making a real difference to productivity when the country needs it the most, writes Anna Valero. Budget 2017 began with a bleak assessment of the UK’s growth prospects. For those of us ... Read more...
In support of this statement we can mention a recent investigation by a team of economists from the London School of Economics, directed by Richard Layard. The researchers analyzed data from surveys conducted ... Read more...
23 November 2017
In the referendum on British EU membership last June, a small, 51.9 percent majority of the participants voted out. The study, published on Monday by the prestigious London Economics University at London Schoo... Read more...
Dennis Novy interviewed by Chinese television on CEP Brexit analysis research into how much Brexit is already costing UK households. ... Read more...
We’ve picked all the low hanging fruit when it comes to new ideas, and the world is set for more parsimonious times. This is the idea put forward in a recent research paper by Nicholas Bloom, John Van Re... Read more...
A statistical analysis on the consequences of the Brexit vote in the United Kingdom was released on Monday, showing how the referendum outcome has affected inflation and living standards of people across the c... Read more...
Recently, the Center for Economic Performance (CEP), a local research center, recently released a survey according to which every British family, on average, loses 400 pounds sterling per year due to Brexit. ... Read more...
22 November 2017
“One of the guys who pays my wages has decided he’s pulling investment from the UK,” my private fund manager mate tells me on Sunday as we stand on the touchline, watching our kids play rugby... Read more...
Meanwhile, on the home front consumers have been fighting raging price increases thanks to the collapse in the value of the pound. The average household has lost £404 last year according to the Centre fo... Read more...
On 23 June 2016, the UK voted to leave the EU. As soon as the result became clear, sterling depreciated sharply and, since the vote, UK inflation has dramatically increased. How much of the rise in inflat... Read more...
Brexit is already costing the average UK household £7.74 per week or £404 per year, according to new analysis from the Centre for Economic Performance (CEP) at the London School of Economics and Po... Read more...
21 November 2017
A report from the Centre for Economic Performance (CEP) says the average household is paying £404-a-year extra on food and household items due to rising prices. After the EU referendum vote, the falling ... Read more...
20 November 2017
Dr Thomas Sampson, who co-authored the Centre for Economic Performance research, said: “Even before Brexit occurs, the increase in inflation caused by the Leave vote has already hurt UK households. &ldqu... Read more...
According to research conducted by the UK-based Centre for Economic Performance "By June 2017, the Brexit vote was costing the average household £7.74 per week through ... Read more...
Article by Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson. On 23 June 2016, the UK voted to leave the EU. As soon as the result became clear, sterling depreciated sharply and, since the vote, ... Read more...
The first detailed statistical analysis of how the referendum outcome has affected UK inflation, wages and living standards shows UK households are paying a high economic price for the vote to leave the Europe... Read more...
If we can prevent great suffering at no cost to ourselves, we ought to do so. Yet Western governments are neglecting an opportunity to reduce the great misery caused by mental illness, even though the net cost... Read more...
19 November 2017
PRINCETON – If we can prevent great suffering at no cost to ourselves, we ought to do so. That principle is widely accepted and difficult to dispute. Yet Western governments are neglecting an opportunity... Read more...
15 November 2017
While movements in global commodity markets helped raise inflation, price rises in the UK have outstripped those in other leading economies. By September 2017, prices were up 3 per cent over the past year comp... Read more...
13 November 2017
Article by Thomas Sampson: Why will Brexit cause problems at the border? Let’s start with the basics. The central issue is that currently, goods move freely between the UK and other EU countries. That&rs... Read more...
“The inflation figures are the most informative,” says Swati Dhingra, at the Centre for Economic Performance at the London School of Economics. She says the impact of broad uncertainty has been har... Read more...
In Are Ideas Getting Harder to Find? (NBER Working Paper No.23782), Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb argue that, to maintain a given rate of economics growth, resources devote... Read more...
10 November 2017
Is it possible, as Trump’s statement suggests, to compare two countries’ economies and which indicators would we use to do so? GDP per capita is considered a baseline when comparing two economies. ... Read more...
09 November 2017
Article by Nikhil Datta and Swati Dhingra It’s no secret that the UK is deeply integrated into the European Union. About half of its trade and investment is with the EU and, as a member of the single ... Read more...
Ohoud bint Khalfan Al Roumi, Minister of State for Happiness and Wellbeing, has affirmed that the UAE’s ‘Happiness Policy Manual’, developed by the National Programme for Happiness and P... Read more...
08 November 2017
...Chancellor Philip Hammond is looking to reform the planning system by allowing building on the green belt to help more people possibly young people get on the housing ladder this attempt result the housing ... Read more...
06 November 2017
According to the Origins of Happiness report, eliminating mental health issues such as depression and anxiety would increase happiness by 20%, whereas eliminating poverty would increase happiness by only 5%. I... Read more...
02 November 2017
Berlingieri, G., Blanchenay, P. and Criscuolo, C. The Great Divergence(s): CEP Discussion Paper No 1488. (Centre for Economic Performance, 2017) cited in ‘The State of Small Business: Putting UK Entrepre... Read more...
01 November 2017
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
A group of professors from Harvard Business School, the London School of Economics, Columbia University, and the University of Oxford pondered the same question and conducted a survey of more than 1,000 CEOs i... Read more...
30 October 2017
In Great Britain they have chosen a different path. According to Richard Layard's Health Economist Program, with an estimated 12 million jobs, a system has been developed that provides effective and rapid ... Read more...
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...
Nicholas Bloom, Charles Jones, John Van Reenen and Michael Webb show through detailed analysis of firms that research productivity is declining even as research efforts are rising. One of their key findings: &... Read more...
An excellent study published last month by a research group at the London School of Economics looks at the differences in economic activity in varying parts of the UK. The finding are intriguing and sometimes ... Read more...
26 October 2017
Gabriel M. Ahlfeldt, Kristoffer Moeller, Sevrin Waights and Nicolai Wendland DOI: 10.1111/ecoj.12454 Related publications Game of Zones: The Economics of Conservation Areas Gabriel M. Ahlfeldt, Kristo... Read more...
24 October 2017
Who voted for Brexit? A comprehensive district-level analysis – Sascha O Becker, Thiemo Fetzer and Dennis Novy ‘On 23 June 2016, the British electorate voted to leave the European Union (EU). We... Read more...
23 October 2017
Will the UK be able to strike better trade deals than the European Union once it leaves the EU? Dr Swati Dhingra interview. Related interview #LSEBrexitvote/Swati Dhingra/Is leaving the Customs Union the... Read more...
Modern-day inventors–even those in the league of Steve Jobs–will have a tough time measuring up to the productivity of the Thomas Edisons of the past. That’s because big ideas are getting har... Read more...
20 October 2017
The South-East is not the country’s productivity engine, rather a band stretching west from the capital towards Bristol is, according to a new LSE report which challenges prevailing wisdom on the uneven ... Read more...
12 October 2017
Behavior Economist and Nobel Prize Winner Economics Richard H. Thaler is best in joking when a journalist asks him from Stockholm what he will do with the prize. A jovial man also confirms his Belgian colleagu... Read more...
09 October 2017
It seems things are slowing down. And two distinct camps are emerging: the “priced out” generation, who are hoping a crash will lead to house prices they can afford, and the “propertied&rdquo... Read more...
…a shortfall of more than 109,000 new homes across England alone. Of that figure, 86 per cent were needed in parts ofthe country with the highest housing demand. Paul Cheshire, a professor of economic g... Read more...
07 October 2017
Gill Wyness, a senior lecturer in the economics of education at the UCL Institute of Education, said there might be logic in this approach given that universities were arguably being incentivised at the moment... Read more...
05 October 2017
Women’s role in the US economy has exploded since WWII. In fact, the employment rate for women of prime working age more than doubled in the second half of the 20th century. There are a lot of reaso... Read more...
04 October 2017
The U.K. government’s decision to expand its Help to Buy program is drawing criticism because it may stimulate London’s property market again. Unless supply improves, the effect of the program... Read more...
"Ideas, and in particular the exponential growth they entail, are getting harder and harder to find," according to a recent study by the National Bureau of Economic Research in the United States. The... Read more...
03 October 2017
Financial services aren’t as London-centric as the creative industries, and the coast-inland divide is growing, write Sandra Bernick, Richard Davies, and Anna Valero. The UK’s financial services... Read more...
02 October 2017
The cure for the U.K. housing market is more supply, not more demand. It's true that Help to Buy's introduction in 2013 and a market rebound gave developers the incentive to build more, with new starts... Read more...
A society in which poverty does not exist sounds utopian - this society is equal but unfair, so it risks collapse, argues Nicholas Bloom, a professor of economics at Stanford University. "People do not wo... Read more...
01 October 2017
Dennis Novy, professor of economics at the University of Warwick, said the tariff slapped on Bombardier was ‘designed to completely kill’ the C-Series programme. ‘Trump is telling the rest of... Read more...
29 September 2017
Exclusive: Krugman rejects the assertions of Brexiteers that leaving the single market and customs union will ultimately help the UK export more to the rest of the world. A study by economi... Read more...
27 September 2017
Article by Swati Dhingra and Josh De Lyon. On trade, the PM reiterated that the UK would be outside the Single Market and the Customs Union after Brexit. The UK would not pursue off-the-shelf arrangements, lik... Read more...
There may come a whole range of inventions that we can hardly imagine today. Already existing innovations also need some time to affect productivity in production chains. This concerns robotics and a range of ... Read more...
A new working paper at the NBER looks into the productivity of research effort, that is, how research effort correlates with an increase in output. ‘Are Ideas Getting Harder to Find‘, authored by N... Read more...
26 September 2017
Article by Sandra Bernick, Richard Davies and Anna Valero: The UK’s financial services industry is not nearly as London-centric as the creative industries. Rather than the South East of England being the... Read more...
25 September 2017
British companies are increasingly concerned that Brexit will hit sales and raise costs, according to a survey backed by the Bank of England. Tracking the views of chief executives and chief financial officers... Read more...
Nicholas Bloom, a SIEPR senior fellow and co-author of a paper released this week by the National Bureau of Economic Research, contends that so many game-changing inventions have appeared since World War II th... Read more...
The M4 corridor is more productive for the British economy than the southeast, report finds A study into the industrial breakdown of the country by the Centre for Economic Performance (CEP) at the London Sc... Read more...
22 September 2017
21 September 2017
Article by John Van Reenen: What are the costs and benefits of regulation? Most countries treat smaller firms more generously when it comes to business regulation, exempting them from some of the burdens on la... Read more...
20 September 2017
There's an opportunity to build a new system based on transparency, independence and a long-term outlook, write Anna Valero and Richard Davies Every government has an industrial strategy however it is a... Read more...
19 September 2017
Some economists have warned that the UK is heading for a house price collapse London School of Economics professor Paul Cheshire has said we are due "a significant correction". ... Read more...
17 September 2017
A fascinating new paper by Nicholas Bloom and colleagues at Stanford and MIT has created waves by claiming that ideas are getting harder to find, which implies that many more researchers are needed to maintain... Read more...
14 September 2017
…the “dearth of new ideas” thesis still resonates. A new paper from Stanford’s Nicholas Bloom, Charles Jones, Michael Web and MIT’s John Van Reenen examines this particular aspec... Read more...
A team of top boffins is starting to worry that humans are running out of ideas and are citing the tech industry’s inability to come up with a solution for Moore's Law as a case study. Economic resea... Read more...
13 September 2017
Snippet: ...means goods will be subject to proof-of-origin checks as they cross borders. Research suggests this process adds extra cost on average to the underlying value of the goods, according to Nikhil Datt... Read more...
Research just isn’t as effective as it used to be In a paper published Monday through the National Bureau of Economic Research, "Are Ideas Getting Harder to Find?", economics professors Nich... Read more...
11 September 2017
Snippet: ... for the first time compared to previous decades they would not receive anything so they are receiving somethings in relative terms to the top they're closing the relative gap but in absolute t... Read more...
10 September 2017
Snippet: down and down and then the NHS within a matter of the housing crisis for napping and all that get blamed on immigrants. Mention of a study done at the London School of Economics looking at the relatio... Read more...
09 September 2017
Paul Cheshire, professor of economic geography and the London School of Economics, said: ‘The term “millionaire” has long been reserved for those considered to have extreme wealth. A distant ... Read more...
05 September 2017
Paul Cheshire, professor of economic geography and the London School of Economics, said: "The term "millionaire" has long been reserved for those considered to have extreme wealth. A distant asp... Read more...
Snippet…Here is the amazing fact: today, 16 of France’s 20 largest cities are located on or near a Roman town, while only 2 of Britain’s 20 largest are. This difference existed even back in ... Read more...
03 September 2017
Article by Philippe Aghion and Benedicte Berner The French government has just announced the guidelines for a new labor code, its first major reform to boost France’s economy, by giving more flexibili... Read more...
01 September 2017
Research shows that policy uncertainty can drive down business investment by six to 10.5 per cent. To see how the election created uncertainty in B.C., the Fraser Institute created a proxy measure using newspa... Read more...
31 August 2017
..With incredible timing, Michaels and Rauch, alongside two other coauthors, have another working paper called Flooded Cities. Essentially, looking across the globe, there are frequent very damaging floods, oc... Read more...
30 August 2017
Over the last full economic cycle, from 1993 to 2008, the cost of a hectare of residential land in London rose by over 300% in real terms, to more than £8m ($15m) and enough green-belt land is available ... Read more...
27 August 2017
Article by Max Nathan: ...Our latest case study summarises Innovate UK's programmes of support for microbusinesses and SMEs: mainly grants but also loans, awarded on a competitive basis, either to in... Read more...
17 August 2017
Trump's efforts to bring work back to the U.S. could eliminate some jobs that are already here. "Altering NAFTA could fundamentally change the production of the economy — for the U.S., as well a... Read more...
16 August 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...
…A paper in the latest American Economic Review (AER) provides an intriguing perspective on the issue. Tim Besley of the LSE and two Swedish colleagues carried out a very detailed empirical analysis ... Read more...
Dennis Novy gave a live TV interview to CNN (host: Rosemary Church). The topic was the economic impact of Brexit, in particular a potential brain drain from the UK jobs market and the proposed post-Brexit cust... Read more...
Dr Thomas Sampson of the London School of Economics (LSE) said on Tuesday that the publication of UK government plans for a transition period and regulations after the breit suggests that London wants to speed... Read more...
15 August 2017
Dr Swati Dhingra talks about the customs union plan. Related links Swati Dhingra CEP publications webpage: http://cep.lse.ac.uk/_new/publications/author.asp?author=dhingra ... Read more...
Also, the U.K. paper isn't a negotiating document and presented technical ideas that weren't fully developed and lacked significant detail. The two long-term approaches "are worth exploring fu... Read more...
LONDON -- The U.K. government proposed a far-reaching customs arrangement with the European Union that it said would eliminate the need for border checks on imports and exports after Brexit. The "new cust... Read more...
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...
Uncertainty about a nation’s economic policies can influence both politics and financial markets, and the effects often spread beyond the country’s borders. Building on his research with Northweste... Read more...
According to a study by the London School of Economics (LSE), with the participation of the Organization for Economic Cooperation and Development, most human misery is not due to economic factors, but to faile... Read more...
13 August 2017
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...
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...
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
Antoine Dechezleprêtre and Misato Sato, Review of Environmental Economics and Policy, Volume 11, Issue 2, July 2017 ... Read more...
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...
A lot of my time at work is given over to worrying fitfully about two things. One is cities policy. The other is Brexit. What could be more thrilling, then, than a report which combines those two topics into a ... Read more...
07 August 2017
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
Snippet: ... "I felt like I was sold the dream, but entered a nightmare^” And you may also recognise a familiar voice on the show, as it’s narrated by MasterChef’s voiceover artist India... Read more...
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...
Britain’s most successful cities with large high-skilled service sectors will be hit hardest by the expected downturn in trade after the UK leaves the EU. Sadly, that means bad news for Aberdeen. A repor... Read more...
04 August 2017
BREXIT will damage the economic performance of Taunton Deane, according to new report. The Centre for Economic Performance believes the economy in the district will take a 1.2 per cent hit under a sort Br... Read more...
03 August 2017
Snippet: ... Reading has come out third on a list of 10 towns in the UK most likely to be hit hardest by Brexit report of the London School of Economics says Dorsey a fall i... Related publications &lsqu... Read more...
02 August 2017
The UK’s Home Secretary Amber Rudd has commissioned a report on the impact Brexit will have on the UK labour market. A key sector for enquiry will be higher education, where 17% of academic staff are EU ... Read more...
01 August 2017
In 2005, David Clark, a professor of psychology at the University of Oxford, and economist Richard Layard, a member of the House of Lords, came to the conclusion that it made economic sense to provide therapeu... Read more...
30 July 2017
…Centre for Cities and the Centre for Economic Performance (CEP) at the London… Related publications ‘Brexit, Trade and the Economic Impacts on UK Cities’, Naomi Clayton and Hen... Read more...
29 July 2017
To the outsider (that is, the consumer), the property market is issuing mixed messages. In fact these are simply differences of opinion. Take, for instance, Professor Paul Cheshire at the London School of E... Read more...
28 July 2017
Woking has the highest density of golf courses of anywhere in the UK at more than 10% According to The Guardian , Surrey has more land for golf courses than homes thanks to planning policies that ensure the... Read more...
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...
The rise of academies promised more power for schools - but, with government still clinging to the reins, heads haven't been able to raise standards as expected. However, this system may yet deliver - if m... Read more...
27 July 2017
Perhaps the public knew that Brexit would drain their wallets, but voted for it anyway. Sometimes it’s not the economy, stupid. But Simon Wren-Lewis, of Oxford University, rubbished this idea, pointing o... Read more...
Paul Cheshire, Professor of Economic Geography at the LSE, says house prices could crash by 40 percent. His colleague Christian Hilber explains: ‘If Brexit leads to a recession and/or sluggish growth for... Read more...
26 July 2017
These two narratives needn’t be completely at odds. As I concluded in a piece last year on the debate over too much versus too little competition: There’s a pessimistic synthesis between the com... Read more...
25 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
Dr Ted Pinchbeck, a Fellow in Real Estate Economics and Finance at LSE and one of the authors of the research, said: “Prices of leaseholds of different lengths provide direct new evidence on how peop... Read more...
Homeowners living in leasehold properties are being asked to pay extortionate prices to extend the leases on their homes. That’s the conclusion of the London School of Economics and Political Science (LS... Read more...
Article by Thomas Sampson: The most welcome aspect of the government’s policy paper on future customs arrangements is its acknowledgement of the desirability of a transition agreement after the UK leaves... Read more...
19 July 2017
Reference to Paul Cheshire on possible house price collapse. Click to open ... Read more...
Bloomberg News asked seven market commentators to predict what they expected next in London’s £1.6-trillion housing market. Paul Cheshire, professor of economic geography at the London School of... Read more...
Trump and Brexit are rapidly becoming the main threat to the upturn. Once the downturn begins, all fingers will point to them. But the real causes lie somewhere else: Stanford economist Nicholas Bloom points t... Read more...
18 July 2017
Discussion on possible housing crash – mention of Paul Cheshire. Click to open ... Read more...
A recent study by Erling Bath, Alex Bryson, James Davis, and Richard Freeman showed that the diffusion of individual pay since the 1970s is associated with pay differences between, not within, companies. The S... Read more...
17 July 2017
Brexit and higher tax has had a particularly negative impact on the market in well-heeled inner London areas, some of which have seen prices fall sharply over the past 18 months or so, as they absorb the stamp... Read more...
14 July 2017
Paul Cheshire, professor of economic geography at the London School of Economics, says that a house price correction, or significant fall in prices, is likely within the next two or three years. This is partly... Read more...
In the world of business and economics, there’s a bit of a fixation on uncertainty. To start, there's the VIX, a measure of investor fear, that tracks expected volatility in the markets. But the... Read more...
12 July 2017
Letter from Edwin Loo, Singapore Singapore is one of only a few jurisdictions in the world to have successfully implemented a comprehensive system of land value capture through betterment taxes and revenues... Read more...
People may be paying too high a price to extend the leases on their homes according to new research from the LSE. The research, forthcoming in The Economic Journal(1), suggests that current leasehold extension... Read more...
11 July 2017
Snippet: ... signs of faltering market with a slight drop in house prices month on month quarter-on-quarter but they're still up on a year ago a man quoted in many areas house prices crash stories was Prof... Read more...
09 July 2017
Professor Paul Cheshire, who has advised the Government on housing policy, said: 'We are due a significant correction in house prices. I think we are beginning to see signs that correction may be star... Read more...
Speaking last week, Paul Cheshire, a former government housing adviser, also warned that the property market could tumble. ‘We are due a significant correction in house prices. I think we are beginning t... Read more...
Paul Cheshire, professor of Economic Geography at the London School of Economics, said: “We are due a significant correction in house prices. “I think we are beginning to see signs that correcti... Read more...
Paul Cheshire, professor of economic geography at the London School of Economics, made headlines last weekend by warning that house prices could be heading for “a significant correction” — of... Read more...
House price data has so far suggested a softening in the market rather than a crash. However, The Mail on Sunday last weekend reported that Britain could be on the brink of a major 1990s-style house price coll... Read more...
Newspaper headlines this week have been shouting about a crash in the housing market. Massive collapse! Property prices could plunge! We hear from the man quoted in many of those stories, Professor Paul Cheshi... Read more...
08 July 2017
Paul Cheshire, emeritus professor of economic geography at the London School of Economics, told Building: “There’s likely to be a downward correction of house prices, primarily because of decl... Read more...
07 July 2017
There are many benefits to putting happiness at the centre of business and policy decisions, says economist Jan-Emmanuel De Neve, a professor at the University of Oxford’s Said Business School. He points... Read more...
06 July 2017
Simon French of Panmure Gordon told the newspaper: “These prices are only sustainable in a world of permanently low interest rates and low unemployment. Any sharp correction in either the credit or the l... Read more...
Earlier this week Paul Cheshire, a professor of economic geography at the London School of Economics, gave a starker warning. He said: “We are due a significant correction in house prices. I think ... Read more...
05 July 2017
Construction of McMansions has also increased but people who have smaller homes near where McMansions are built are much, much unhappier with their homes, according to a paper published in the spring by r... Read more...
HOUSE prices in Britain are close to a crash that could be as bad as the bust of the early 1990s, according to warnings from a leading economics expert Paul Cheshire, Professor of Economic Geography at the ... Read more...
9 o'clock if you have a health read then you can call us now and takes more calls as well on this issue of people fleeing the NHS but before that Sir rumours are continuing to circulate of the cra... Read more...
04 July 2017
Two leading economics professors have warned that the UK housing market is on the brink of a 40% collapse, echoing the early 1990s property crisis. “We are due a significant correction in house pric... Read more...
Professor Paul Cheshire predicts London property is long overdue a price correction. But could values really fall 40 per cent and bring about the return of 1990s scale negative equity? ... Read more...
Two leading economics professors have warned that the UK housing market is on the brink of a 40% collapse, echoing the early 1990s property crisis. "We are due a significant correction in house price... Read more...
Construction of McMansions has also increased but people who have smaller homes near where McMansions are built are much, much unhappier with their homes, according to a paper published in the spring by resear... Read more...
Homeowners could see a sharp drop in the value of their houses because of Brexit paired with the wage drop, a London School of Economics professor predicts. Prices could fall almost 40 per cent and even put ho... Read more...
03 July 2017
Prof Christian Hilber from the LSE said: ‘If Brexit leads to a recession and/or sluggish growth for extended periods, then an extended and severe downturn is more likely than a short-lived and mild one.&... Read more...
02 July 2017
Snippet: there are already warning signs that prices are heading toward a near 40% plunge Paul Cheshire Professor of economic geography at the London school of economics while here to debunk... Click to open ... Read more...
Leading economists have warned that the UK is heading for a collapse in house prices not seen since the early 90s which risks plunging homeowners into negative equity. "We are due a significant correction... Read more...
House prices could plummet by almost 40 per cent as Britain faces a crash similar to that in the 1990s, a leading professor at the London School of Economics has warned. A possible Brexit -sparked recession co... Read more...
House prices are teetering on the brink of a crash that could be as bad as the bust of the early 1990s, a leading expert has warned. There are already warning signs that prices are heading towards a near 40 pe... Read more...
01 July 2017
…but analyses, London School of Economics, growth commission report pointed out the lack of a comprehensive and coherent, long-term industrial strategy from the UK Government had actually contributed to... Read more...
29 June 2017
The 25th Arrow Award for the best paper in health economics is awarded to Martin Gaynor, Carol Propper, and [CEP Alumni] Stephan Seiler for their paper “Free to choose? Reform, choice and considera... Read more...
27 June 2017
As has become the tradition for our last post of the academic year, we’re featuring summer reading recommendations from special people at LSE. This year, two winners of the LSESU Teaching Excellence Awar... Read more...
26 June 2017
Among the matters at stake in those talks, which began in Brussels last Monday, is whether London can maintain its status as a global hub for finance after Brexit or be forced to watch as business flows to the... Read more...
25 June 2017
“There will be a lot of political pressure to get as much of the finance industry moved to the EU as possible,” said Tom Kirchmaier, a fellow in the financial-markets group at the London School of ... Read more...
23 June 2017
High-speed rail has triggered a wave of innovation , according to a London School of Economics and Political Science discussion paper by Lin Yatang, Qin Yu and Xie Zhuan, which describes a 20 per cent increase... Read more...
21 June 2017
The Impact Factor is the average number of times articles from the journal published in the past two years have been cited in the JCR year. The Impact Factor is calculated by dividing the number of citations i... Read more...
16 June 2017
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...
According to Dennis Novy, Associate Professor of Economics at the University of Warwick: “TTIP has the potential to benefit millions of consumers. It goes far beyond an economic project. Its current time... Read more...
07 June 2017
“Just as the US military has become more decentralized, letting soldiers on the ground in Afghanistan and Iraq make more decisions than they would have in Korea or in Vietnam, so are the best firms decen... Read more...
Dominique Goux, Marc Gurgand and Eric Maurin Related publications ‘in brief… What can be done to help low-Achieving teenagers?’ Dominique Goux, Marc Gurgand and Eric Maurin.&... 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...
Demography and education are a much better explanation of the ‘Leave’ vote in the June 2016 Brexit referendum than the decline in public services or recent immigration. These are the conclusions of... Read more...
This collection of 18 essays by leading economists highlights many of the most pressing domestic and international economic policy issues on the Trump docket. Many chapters are sharply critical of the Tr... Read more...
05 June 2017
Brexit In fact is a trauma that breaks the vertical chain of production of the value that ties the United Kingdom to the EU, with consequences not apparent immediately. Quantifying these costs is therefore a d... Read more...
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
Article by Gianmarco Ottaviano …at the G7 in Taormina, an extraordinary thesis was presented to the international community. According to the new US presidency, from the liberalization of internation... Read more...
28 May 2017
Increases in policy uncertainty "foreshadow declines in investment, output and employment in the United States," according to the developers of the Economic Policy Uncertainty Index, professors Scott... Read more...
22 May 2017
Breaking down the cloud of uncertainty brought about by Brexit into manageable bite-sized pieces was the objective of panelists at this afternoon’s London Wine Fair industry briefing. A panel of industry... Read more...
Increases "in policy uncertainty foreshadow declines in investment, output, and employment in the United States," the three professors who created the index wrote in a 2016 paper. The index was creat... Read more...
18 May 2017
Strong economic outlook may help cushion Trump through Washington turmoil Economists such as Nicholas Bloom, a Stanford University Professor who’s been tracking the rising degree of uncertainty in rec... Read more...
17 May 2017
There are three reasons to be sceptical about the Bank’s forecasts for the growth in earnings in future years, and hence the recovery in real wages. One is that unemployment may not stay as low as 4.5 pe... Read more...
Article by Sandra McNally and Stephen Gorard. The level of funding going into schools is at record levels. Prime Minister Theresa May in an interview with Andrew Marr on the BBC on April 30, 2017. As she hit t... Read more...
04 May 2017
Article by Nicholas Bloom, Erik Brynjolfsson, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen Our analysis of the Census data, conducted with Lucia Foster and Ron Jarmin of the U.S. Census Bureau and... Read more...
18 April 2017
On Monday, Swati Dhingra of the London School of Economics told the Royal Economic Society annual conference that most academic economists had predicted a 1-3 per cent fall in economic output by five years aft... Read more...
10 April 2017
Game of Mates: How favours bleed the nation, is a new book by Dr Cameron K. Murray and Professor Paul Frijters that exposes the inner workings of Australia's economic elite. In this video, Paul Frijters i... Read more...
09 April 2017
‘Agglomeration externalities and urban growth controls’, Wouter Vermeulen, Journal of Economic Geography Volume 17, Issue 1, January 2017 http://bit.ly/2n719tK Related publications Agglome... Read more...
09 March 2017
From manufacturing to retailing, giant companies have managed to gobble up a larger and larger share of the market. While such concentration has resulted in enormous profits for investors and owners of behemot... Read more...
08 March 2017
Swati Dhingra, an economics lecturer at the London School of Economics, estimated in a study prior to last year’s referendum that Brexit could reduce total U.K. car production by as much as 12 percent. ... Read more...
Then three economics and finance professors—Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago—created a series of Economic Poli... Read more...
05 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
Henrik Kleven and Camille Landais, Economica, 14 March 2017 DOI: 10.1111/ecca.12230 ... Read more...
22 February 2017
Index of uncertainty in the economic policy of China and Hong Kong (China-Hong Kong Economic Policy Uncertainty Index-CHEPUI) are at record levels 672.82 points after soaring up fivefold higher than the averag... Read more...
20 February 2017
Economic policy is always challenging to decipher in China, where Communist Party leaders steer one of the world's most opaque central banks. Indeed, one measure of uncertainty has never been hig... Read more...
Von anderen Star-Ökonomen waren eher pessimistische Stimmen zur Wirtschaftsentwicklung unter Trump zu hören. So sagt Stanford-Ökonom Nicholas Bloom, ... Related publications 'Meas... Read more...
14 February 2017
New research claims leaving the EU will have bigger impact on UK productivity than had been thought Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, ac... Read more...
09 February 2017
Britons' incomes could be slashed by as much as 9.5 percent once the U.K. formally leaves the European Union, a new study released today by MIT economics professor John Van Reenen has claimed. The repor... Read more...
08 February 2017
By checking on people at random times of the day via an app, Alex Bryson and George MacKerron uncover the misery of work. Related links Alex Bryson, CEP Alumni, Labour Markets Programme. ... Read more...
"The idea of trade wars these days, what politicians have in mind is really a 19th-century or early 20th-century conception of trade," said Gianmarco I.P. Ottaviano, a trade economist at the London S... Read more...
31 January 2017
Economists point to three factors to explain how population is distributed: geographical characteristics, agglomeration, and history. This column, taken from a new Vox eBook, examines ... Read more...
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...
“The idea of trade wars these days, what politicians have in mind is really a 19th-century or early 20th-century conception of trade,” said Gianmarco I.P. Ottaviano, a trade economist at the London... Read more...
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...
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...
Nicholas Bloom (Stanford University) explores the political uncertainty in the world, and from 1900 on, he found out that after his election Trump increased uncertainty by at least twice and is comparable to t... Read more...
A study of three researchers Scott R. Baker, Nicholas Bloom and Steven j. Davis has revealed that the current economic uncertainty is still higher than during times of 9 / 11 or the Lehman collapse. The expert... Read more...
Not surprisingly, when an index for global political uncertainty, compiled records so unsafe level, inter alia by the Stanford economist Nicholas Bloom, on a high, (Stanford). And Austria's foreign trade m... Read more...
27 January 2017
There are several worrying trends in the global economy, such as rising inequality within countries and slowing productivity growth. But perhaps the most troubling of them is the fall in labor’s share of... Read more...
Exporters to Angola that hired managers with specific types of experience were more likely to succeed, write Giordano Mion, Luca David Opromolla and Alessandro Sforza. The enormous variation in firm perform... Read more...
26 January 2017
The cloud of uncertainty Trump has kicked up may be a big deal for the economy, or not. … For one thing, uncertainty isn’t necessarily bad. It simply means the distribution of possible outcomes&md... Read more...
Thomas Sampson, Professor at the London School of Economics, warns that in addition to tariffs, British producers may suffer the impact of foreign barriers. "They would have to reorganize all of their sup... Read more...
Thomas Sampson, a professor at the London School of Economics, said British carmakers could suffer further disruption beyond tariffs. "Inside the customs union cross-border supply networks can flourish, b... Read more...
Last week Prime Minister Theresa May confirmed Brexit would see Britain leave the European single market, creating a stumbling block for the car industry which relies on trading vehicles and loose parts withou... Read more...
Thomas Sampson, a professor at the London School of Economics, said British car makers could suffer further disruption beyond tariffs. “Inside the customs union cross-border supply networks can flourish,... Read more...
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...
"It genuinely feels that the political uncertainty is very high," said Nicholas Bloom, Professor of Stanford and co-developer of the index of uncertainty. ... Read more...
24 January 2017
Dennis Novy gave a live radio interview [8.35-8.40am] on Donald Trump and his withdrawal from the Transpacific Partnership (TPP, the trade deal previously negotiated by Barack Obama with Asian/Austra... Read more...
Maria Sanchez Vidal: "the coexistence between Commerce of proximity and large surfaces trade is possible" Is author of a study on the effect of the introduction of superstores in respect of a city... Read more...
It has long been known that America’s Senate is less protectionist (i.e., more likely to favor trade deals) than the House. The usual explanation was that senators, representing larger territories, took ... Read more...
23 January 2017
In a new paper called “Is Modern Technology Responsible for Jobless Recoveries?,” economists George Graetz and Guy Michaels looked at 17 different developed countries, from 1970 through 2011. The t... Read more...
Next week, government and business leaders from around the world will meet in Davos, Switzerland for the 2018 World Economic Forum to discuss this years's theme: "Creating a Shared Future in a Fractur... Read more...
19 January 2017
0750 Swati Dhingra interviewed. After the UK gives up full membership of the EU's customs union exporters' goods could be facing checks and delays at Britain's border. ... Read more...
Article by Swati Dhingra No access to EU’s single market and replacement deals potentially decades away heightens uncertainty for UK businesses. Theresa May’s speech on Tuesday was the govern... Read more...
18 January 2017
A nasty mix of neoliberalism and the Tories’ austerity policies are having appalling effects on our children’s health and welfare And so we come to the present day, with a 10-year anniversary pr... Read more...
10 January 2017
"It is simply not the case that immigrants are taking jobs from those who already live in the country" Professor Alan Manning denied that immigrants take jobs. If it were so, wouldn't Ca... Read more...
After decades languishing as one of the most underfunded medical problems, mental illness began to receive some of the attention it deserved under Tony Blair’s government. In 2006, a London School of Eco... Read more...
09 January 2017
There is considerable geographical variation in the opportunities available to disadvantaged children in the United States, according to research by Raj Chetty, who delivered the 2016 Lionel Robbins Memorial L... Read more...
06 January 2017
Sir David Metcalf has today (5 January 2017) been named as the first Director of Labour Market Enforcement to oversee a government crackdown on exploitation in the workplace. ... Read more...
05 January 2017
Paul Cheshire, economist and emeritus professor of economic geography at the LSE, has been awarded a CBE for services to economics and housing. ... Read more...
04 January 2017
Investors should brace themselves for more profit warnings in 2017. This isn't simply because economic growth will slow this year: economists expect an expansion of only 1.2 per cent this year after 2 p... Read more...
El comercio mundial patas arriba Swati Dhingra, especialista de comercio de la London School of Economics, pone el acento en otro peligro. "Lo más grave sería una guerra comercial de E... Read more...
03 January 2017
Growth will slow, incomes will be squeezed and investment delayed, FT survey finds Question: ‘How much, if at all, do you expect UK economic growth to slow in 2017?’ Stephen Machin, professor... Read more...
02 January 2017
Five housing executives and a professor of economics and housing policy have been awarded medals in the New Year honours list. … Paul Cheshire, professor of economic geography at the London School of... Read more...
30 December 2016
Professor John Van Reenen, who predicted ahead of the referendum that Brexit would cost up to £1,700 per household per year, has been given an OBE for services to economics and public policy making. Othe... Read more...
LSE study led by Labour peer found that failed relationships and physical and mental illness were bigger causes of misery than poverty Clinical psychologists have raised the alarm over a controversial piece... Read more...
26 December 2016
A a survey of leading wellbeing researchers from around the world finds that more public holidays would be better for everyone, writes Paul Frijters. The World Wellbeing Panel on wellbeing and public holida... Read more...
24 December 2016
Too often in our business we focus primarily on finances. Of course, that is what financial professionals do, but we could be neglecting an important, maybe more important, piece of the pie. The recent London ... Read more...
22 December 2016
This is the consensus finding of a survey of leading wellbeing researchers from around the world, writes Paul Frijters. Related articles: World Wellbeing Panel Survey: ‘Wellbeing and Public Holi... Read more...
Here’s the second episode of our podcast, with Jules Evans interviewing Richard Layard, former government ‘happiness tsar’ and the creator of the NHS talking therapies service; and Wili... Read more...
19 December 2016
While increasing salary had a minimal effect on people’s wellbeing, unemployment reduces the happiness of each unemployed person by about 0.7 points on average. ... Read more...
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
What makes humans happy? What makes you happy? Is it the material and tangible things? Or is it experiences or people? Happiness can be measured and defined in so many ways but according to a study by a t... Read more...
Shale gas offers the prospect of a low-cost energy future, but invokes fears of environmental catastrophe, write Stephen Gibbons, Stephan Heblich, Esther Lho and Christopher Timmins ... Read more...
What distinguishes ‘Les Misérables’ from the rest is neither poverty nor unemployment, but mental illness, write Andrew Clark, Sarah Fleche, Richard Layard, Nattavudh (Nick) Powdthavee and G... Read more...
12 December 2016
Understanding the key determinants of people’s life satisfaction will suggest policies for how best to reduce misery and promote wellbeing. This column discusses evidence from survey data on Australia, B... Read more...
Good mental health and having a partner make people happier than doubling their income, a new study has found. The research by the London School of Economics looked at responses from 200,000 people on how diff... Read more...
In fact the industry 4.0 represents a great opportunity for our manufacturing and for once never catches us completely off-guard. According to a recent study carried out by economists George Graetz and Guy Mic... Read more...
02 December 2016
Paul Cheshire, Professor of Economic Geography at the London School of Economics is a longstanding critic of Britain’s byzantine planning system. [No link] ... Read more...
Many people think that migrants take jobs away from citizens, reduce wages or both. Others argue that immigrants benefit the economy because they take risks and start businesses. In three short videos be... Read more...
29 November 2016
Dennis Novy was interviewed by BBC Radio Scotland on 22 November 2016 about Donald Trump's policy stance towards the Transpacific Partnership (TPP), a proposed trade deal between the United States and vari... Read more...
22 November 2016
“I’m pretty skeptical Trump’s policies will reverse this process,” said John Van Reenen, a professor of economics at MIT who studies how technology and innovation affect profits and wag... Read more...
20 November 2016
The book flies over aspects featured of the cases of Denmark, Norway, Sweden and Iceland, countries that are located well above in rankings that measure development, welfare or happiness. The report on 2016 wo... Read more...
17 November 2016
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth of the... Read more...
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth ... Read more...
16 November 2016
Professor Manning appointed for a 3 year term. Professor Manning has been appointed for a 3 year term following a rigorous recruitment process regulated by the Commissioner for Public Appointments. Home ... Read more...
Dr Swati Dhingra interviewed, talking about the potential international implications of a Trump White House as well as initial reactions from (Brexit) UK. The interview was broadcast by CKWX News on the Ne... Read more...
Dr Swati Dhingra joined the discussion programme. The topic was the demonitization of the 500 and 1000 rupee notes in India. The interview was broadcast by Al Jazeera television on November 15, 2016 ... Read more...
15 November 2016
… "Uncertainty is a real risk," said economist Michael Strain, of the American Enterprise, a right-of-center think tank. "I'd be reluctant to start a business now, and if I had one, I... Read more...
Trump’s true legacy will be that of rural vandalism on a colossal scale. A unique wilderness at Menie destroyed for a golf course. This was a site of Special Scientific Interest, the highest environmenta... Read more...
01 November 2016
The meaning of Brexit is yet to become clear. But if Brexit means leaving the customs union of the European Union, Thomas Sampson looks at what it might meant for the UK to pursue its own trade policy for the first time ... Read more...
26 October 2016
It's beginning to dawn on Brexit voters that leaving the EU will be a disaster for working people. Inflation is back as a direct result of the 18 per cent devaluation of the pound since June 23. The forecast for price ri... Read more...
20 October 2016
Prime Minister Theresa May is in Brussels for her first EU summit as UK leader, in the same week as cabinet ministers were presented with a paper warning that Britain pulling out of the EU customs union could lead to a 4... Read more...
Study says Brexit avoidable if Cameron had cut austerity. Interview with Dennis Novy The interview was broadcast by RT UK on October 19, 2016 Link to interview here [0:47 seconds] Related links Dennis Novy webpag... Read more...
19 October 2016
The calculations, sent to May's close-knit team of Brexit advisers, which includes Hammond, David Davis, Liam Fox and Boris Johnson, claim the UK economy would be 4.5 percent smaller by 2030 if it leaves the Customs Unio... Read more...
Chancellor to appear before Treasury select committee after Whitehall estimates show economy could shrink by 4.5% Trade flows and foreign investment would also be hit hard by leaving the customs union, according to figu... Read more...
Cabinet ministers receive stark economic warnings against adopting a 'Norway-style' model The UK could suffer a fall in GDP of 4.5% by 2030 if it leaves the EU customs union. Cabinet ministers were given stark warni... Read more...
Two years ago, the London School of Economics delivered bad news to the renewables industry. It published a research paper that showed that house price appreciation was significantly reduced by being near wind farms in E... Read more...
Ministers are at loggerheads over whether to quit the European customs union amid warnings it could mean a 4.5 per cent hit to GDP. Papers circulated at a meeting of the Brexit Cabinet committee apparently suggested tha... Read more...
Study of 36,000 undergraduates identifies positive relationship between financial aid, retention and attainment The larger the bursary a student receives, the more likely they are to get a good degree, according to a ma... Read more...
18 October 2016
Dennis Novy interviewed live around 8.15pm. The topic analysing the Brexit referendum that was held in June 2016. The interview was about how the Brexit vote outcomes across voting areas in the UK were linked to immigrat... Read more...
EU trade ministers have had Belgium on their minds today - but rather than tucking into chocolate and waffles they've been dealing with the more unappetizing problem of a regional Belgian parliament that's blocking thei... Read more...
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...
CEP research article previously published by Vox referenced in article published in PRC: [8]Swati Dhingra, Thomas Sampson: UK-EU relations after Brexit: What is best for the UK economy? This article was published onlin... Read more...
16 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...
[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
Economic migrants are seen as a threat to jobs and the welfare state. The reality is more complex Until quite recently the academic literature treated migrants as substitutes for native workers. But what if they were co... Read more...
01 October 2016
Truth and myth about the effects of openness to trade In other rich countries, regions or industries with heavy exposure to Chinese imports also suffered material losses in factory jobs. A study of Spain's jobs market b... Read more...
3. Immigrants have not depressed the wages of UK workers A report by the London School of Economics this year showed that there was no correlation between an increase in immigration and the recent dip in wages. While ... Read more...
28 September 2016
Article by Gabriel Ahlfeldt and Nancy Holman Good architectural design is a public good, but economists and policymakers lack robust evidence on the impact of well designed architecture on location value when planning s... Read more...
24 September 2016
However, land regulation may play a bigger role. According to a recent paper by Christian Hilber and Wouter Vermeulen of the London School of Economics, alongside Greater London, scarcity of open, developable land is gre... Read more...
Even [Sadiq] Khan's predecessor Boris Johnson campaigned with several plans to build 55,000 new homes in London and to slow down the price increase caused by demand pressures. Up to the end of his tenure, he failed. Khan... Read more...
22 September 2016
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
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
Dennis Novy interviewed. The topic was the Transatlantic Trade and Investment Partnership (TTIP) and the recent political backlash from France and Germany. The interview was broadcast on the BBC Radio 4 The World Ton... Read more...
30 August 2016
Returning to the interim UN report for happiness, you can find an interesting proposal in many respects. Found in Chapter 3, which shall be signed by the head of the Centre for Economic Performance of the London School o... Read more...
22 August 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
Decades of planning policies that constrain the supply of houses and land and turn them into something like gold or artworks is to blame for the current housing crisis in the UK rather than foreign buyers, according to a... Read more...
17 August 2016
The likely Locus of search robots and packaging of 25 thousand square meter warehouse helps to increase the productivity of the warehouse up to 800 percent. A previous study of Georg Graetz scientists and Guy Michaels (... Read more...
16 August 2016
New initiatives planned to end 'unacceptable and unlawful' discrimination against working women Employers are being told to do more to help mothers breastfeed their babies at work, as part of the government's latest i... Read more...
15 August 2016
Davvero i robot ci ruberanno il lavoro? A che cosa serve davvero l'automazione? Tutte queste predicazioni hanno in comune di invitare i popoli ad abbandonare qualsiasi progetto di poter in qualche modo essere protagonist... Read more...
12 August 2016
Paul Cheshire argues that golf courses capitalise on green belt planning laws which keep down land prices and contribute to a housing shortage. The interview was broadcast by BBC Radio 4 on August 10, 2016 Link to th... Read more...
10 August 2016
By Brian Bell, Associate Professor, Department of Economics, and John Van Reenen Director of the Centre for Economic Performance and Professor of Economics at the London School of Economics. Originally published at VoxEU... Read more...
08 August 2016
The addition of a second child can put families under serious financial strain - and in the case of women on the lowest incomes - convince them to give up work altogether in the face of rising childcare costs, a new st... Read more...
07 August 2016
A new study finds that, while the addition of a second child has little effect on the working hours of mothers in skilled jobs, it has a substantial and negative effect on low-skilled women who are forced to reduce their... Read more...
06 August 2016
In a 2015 study, ''Robots at Work'', economists at Sweden's Uppsala University and the London School of Economics looked at the economic impact of robots from 1993 to 2007. They found that the use of robots in advanced e... Read more...
Article by Brian Bell and John Van Reenen Lacklustre growth seems to be the new normal almost everywhere in the world except for one area - CEO pay. This column uses data on UK publicly listed firms to examine whether ... Read more...
05 August 2016
Three short paragraphs to explain the Brexit vote: The British people have suffered tremendously since the financial crisis. The real wages of the average person fell by about 10 per cent between 2007 and 2015. This... Read more...
04 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
A new CFM survey discusses the implications of Brexit for the economics profession, write Wouter Den Haan, Ethan Ilzetzki, Martin Ellison and Michael McMahon Before the referendum, there was near unanimity in the profe... Read more...
Education is not just a vital cornerstone of our culture and economy, it is also potentially one of the great social levellers. However rich or poor our parents, however supportive or dysfunctional our families, a high-q... Read more...
02 August 2016
Professor Saul Estrin of the London School of Economics has shown, for example, that an increase in the level of employee participation in the running of an enterprise from zero to full participation increases output by ... Read more...
However, mounting evidence suggests that the gains from free trade are not shared equally. A body of research on the American economy shows that import competition from poor countries can depress the incomes of the low s... Read more...
30 July 2016
What is contraction that leads to uncertainty, or the opposite? Last year, as part of a working paper, the economists Scott R. Baker, Nicholas Bloom and Steven J. Davis built a rate of economic uncertainty (UPR, Economi... Read more...
29 July 2016
When politicians speak of a need to 'control' EU immigration, we should be asking why. The evidence shows that free movement of people is working for all of us. But the available evidence suggests the overall impact of ... Read more...
24 July 2016
This finding is mirrored at least in part by a study of sponsored academies established under the previous Labour government, conducted by the London School of Economics, which argues that the impact of conversion should... Read more...
22 July 2016
A feedback cycle has businesses cautious on investment and consumers unwilling to spend In a 2015 working paper, the economists Scott R. Baker, Nicholas Bloom, and Steven J. Davis constructed Economic Policy Uncertainty... Read more...
21 July 2016
And if income inequality were not related to our kind, our ethnicity or our level of education, but rather to our workplace? Some employers pay better than others. And the gap between those who pay well and those who pay... Read more...
The evidence is that foreign managers improve the companies they acquire A paper by Nick Bloom of Stanford University and others shows that the David Brents can learn from the Jack Welches: when they take over British f... Read more...
20 July 2016
19 July 2016
... Indeed, the ideological common ground of the political class has perhaps been nowhere more apparent than in the transformation of wellbeing or happiness from being a free individua'ls pursuit into the object of gover... Read more...
Article by Erling Barth, Alex Bryson, James Davis and Richard Freeman Income inequality has risen throughout the advanced world. Various explanations have been suggested for this, but these tend to focus on who you are.... Read more...
18 July 2016
Silver is Better than Bronze Obviously, an Olympian wants to go for the gold. But, if you don't win the gold, you will probably be happier to win the bronze instead of a silver medal. That's according to the Centr... Read more...
Olympians who won the silver medal are less happy than their counterparts who achieved bronze according to the results of a new study of the London 2012 Olympics and Paralympics. Researchers behind the study argue tha... Read more...
17 July 2016
Artificial intelligence is bound to exacerbate inequalities but why are economists still for it platforms That is to say, technical parts of the economy made great contribution to productivity growth. In 2015 a 17-count... Read more...
16 July 2016
Yesterday the Education Policy Institute, in partnership with the Sutton Trust, hosted the 'Academies: 15 years on summit'. This was an opportunity for researchers, policy makers and system leaders to come together and c... Read more...
13 July 2016
... University and the London-based Centre for Economic Performance. ''Health insurance coverage and ... This article was published by Dubuque Telegraph Herald (USA) on July 13, 2016 Link to article here [Subscrip... Read more...
Article by Sandra McNally, Director of the Centre for Vocational Education Research (CVER), LSE and Head of Education and Skills Programme, CEP The incoming British prime minister Theresa May has outlined a vision of a ... Read more...
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
After years of debate over the effectiveness of academy status, the Education Policy Institute has now released data which it says shows the causal impact of academy status on school performance. Editor Laura McInerney e... Read more...
New research has found ''no evidence'' that academy status leads to better grades for pupils at schools rated good or satisfactory. The study, by the London School of Economics and the Education Policy Institute (EPI)... Read more...
For example, I have obtained an internal Scottish Enterprise document circulated last week among senior managers declaring the consequences of Brexit for the Scottish manufacturing sector ''to be overwhelmingly negative'... Read more...
09 July 2016
There is another house price bubble under way in the Dublin area. Notwithstanding the efforts by the Central Bank to keep mortgage credit under control, some extraordinary prices have been quoted recently for the small p... Read more...
07 July 2016
Article by Christian Hilber In the first of a two-part article discussing the British planning system, Christian Hilber, Associate Professor of Economic Geography at the London School of Economics, argues that the UK pl... Read more...
06 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
A new breed of apprenticeship is offering employers a way to accelerate and keep top talent Petra Wilton, CMI's director of strategy and external affairs, says the degree apprenticeships will help to meet expected deman... Read more...
The Society's Annual Conference was held at the University of Sussex, 21-23 March. This report was prepared by Ferdinando Giugliano, focusing on four fields of economic research: development economics; political economy;... Read more...
01 July 2016
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said that Britain's Brexit decision will have both short-term and long-term consequences. ''There is a lot of uncertainty ab... Read more...
Labour MPs now walk around saying that immigration reduces domestic wages, that the rich man has got a cheaper plumber, but the indigenous plumber has had to reduce his fees. Usually this argument is framed as an assault... Read more...
25 June 2016
The parallels between Brexit backers and Trumps supporters is clear. Trump's campaign targets manufacturing towns across America, frequently expressing the need to reject globalism and put ''America first''. In Britain, ... Read more...
24 June 2016
''You're going to see in increase in consumer prices from Brexit and most of that is going to hit the middle income,'' Swati Dhingra, assistant professor at LSE's Department of Economics and Centre for Economic Performan... Read more...
And while some experts argue that FDI is high in the UK due to a favourable business environment, others, such as the Centre for Economic Performance at the London School of Economics, suggest that ''being fully in the s... Read more...
22 June 2016
The Institute for Fiscal Studies, the National Institute of Economic and Social Research and the Centre for Economic Performance have all predicted lower real wages in the event of Brexit, higher prices for goods and ser... Read more...
In a dramatic escalation of Tory infighting earlier, Mr Cameron told Sky News: 'To hear the Leave campaign today sort of comparing independent experts and economists to Nazi sympathisers - I think they have rather lost ... Read more...
The Center for Economic Performance at the London School of Economics finds that EU immigrants to Britain are better educated and more likely to ... This article was published online by The Wall Street Journal on Ju... Read more...
Britain never joined the euro currency union, freeing it of all sorts of complicated policy commitments that the rest of the EU is obliged to abide by. But despite staying on the pound, Britain still has full access to E... Read more...
The economic impacts of Britain leaving the EU With the referendum fast approaching, Thomas Sampson analyses the economic consequences should Britain vote to leave the European Union. Proponents of Brexit, as leaving ... Read more...
21 June 2016
Dennis Novy appeared on a show dealing with the EU and the Transatlantic Trade and Investment Partnership (TTIP), answering questions from members of the public who are worried about TTIP and what it might mean for the N... Read more...
Today Morning Trade talks Brexit and the future of U.K. trade policy with Swati Dhingra, a lecturer in economics at the London School of Economics and a member of the trade research program of the Institutions's Center f... Read more...
We are economists who care about Britain and its future. We feel compelled to speak out on the risks of Leaving and opportunities from Remaining in the EU. If Britain votes to Leave we believe that: • A recessio... Read more...
The IMF, the Bank of England, the Treasury, the OECD, the London School of Economics and many more are... (no link available) This article was published by the Western Daily Press on June 20, 2016 [No link available] ... Read more...
20 June 2016
Things to read about Brexit Below is a selection of informative things to read about Brexit that can help you decide. Please suggest your own in comments, but you cannot post links there. You can send links to editor... Read more...
16 June 2016
Financial engineering has created a rentier class, a modern feudal system, and the biggest beneficiaries of all that extra debt have been the bankers. John Van Reenen and Brian Bell, of the Centre for Economic Performanc... Read more...
11 June 2016
The big bluff of robotisation Numerous studies announce us that Automation is going to lead to a massacre of jobs. At the same time, the productivity slowdown worries official economists and Christiane Lagarde, Presiden... Read more...
10 June 2016
Study after study confirms that EU migrants have an overwhelmingly positive effect on the British economy. They have a higher employment rate (78.2%) than people born in the UK (72.5%), those from Poland and other A8 acc... Read more...
Comedian Colm O'Regan takes a look at productivity and its decline in the UK since the financial crisis in 2008. He speaks to Anna Valero from the London School of Economics and Richard Cullen, managing director of ... Read more...
Economists care a great deal about the minimum wage because it is a policy prescription that increasingly affects a large portion of the workforce and because it is a clear case of government intervention, imposing a flo... Read more...
09 June 2016
Pro-EU forces have warned that if Britain votes to exit the union on June 23, the country could lose almost a million jobs. Recruiters say the damage has already begun. ''Companies are pushing the pause button,'' said Ki... Read more...
Intuitively, automation would lead to higher labour productivity. For instance, with labour-assisting technology such as autonomous drone waiters by local firms, we would expect a fall in the number of waiters serving th... Read more...
08 June 2016
Numbers are being thrown around by the Vote Leave and Vote Remain campaigns like they're going out of fashion - but what do the experts say and can we trust them? Six out of seven reports predict a Brexit will hurt us ... Read more...
06 June 2016
Economists for Brexit group claims that downturn would be avoided if Britain removed all trade barriers after leaving EU Economists campaigning for Britain to leave the European Union have accused the Treasury and inter... Read more...
02 June 2016
Economics experts have blasted key assumptions underpinning the Brexit campaign's financial arguments in favour of leaving the EU. The report by the London School of Economics and Political Science's Centre for Econ... Read more...
01 June 2016
Article by Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acr... Read more...
30 May 2016
Claim Being in Europe means lower prices in UK shops, saving the average UK household over £350 a year. If we left Europe, your weekly shop could cost more. Conclusion This isn’t the impact of b... Read more...
23 May 2016
Claim Leaving the EU would cost the average UK household at least £850 a year, and potentially as much as £1,700, according to research released by the London School of Economics. Conclusion The... Read more...
Responding to Hilton’s article, Javid said: “Steve is entitled to his view … the central issue here is that economically, we are far better off being part of this single market … Now you have the Bank of England, the IMF... Read more...
According to Dennis Novy, Associate Professor of Economics at the University of Warwick: ''TTIP has the potential to benefit millions of consumers. It goes far beyond an economic project. Its current timetable seems ambi... Read more...
20 May 2016
As the EU referendum draws closer, our expert panel answers a question from one of our readers about the potential effect on small businesses' intellectual property. What would Brexit mean for my business's intellectual... Read more...
18 May 2016
With so many heavyweights, from Barack Obama to Mark Carney, saying that we will be worse off with Brexit, why are the polls still neck and neck? There seem to me two reasonable explanations: that the tabloid media have ... Read more...
16 May 2016
Perhaps the most overlooked aspect of economic inequality has been the role that firms play in it. It's safe to say that a significant part of the growing gap in how well different firms pay can be attributed to the lat... Read more...
11 May 2016
Article by Cletus C. Coughlin and Dennis Novy Borders impede trade, and a major objective of research in international trade has been to identify by how much. This column argues that bilateral trade data can give a misl... Read more...
08 May 2016
Learning to decipher the squiggles on the page well enough to pass the key stage 1 Sats does not make you a reader, says author Susan Elkin Teaching reading in itself is pointless. All the phonics, decoding skills ... Read more...
Although phonics - breaking words down into their constituent parts - has been one of the main ways in which parents and teachers teach children to read for many years, new research from the London School of Economics ... Read more...
05 May 2016
Article by Dr Jordi Blanes i Vidal LSE research on 'insider' relationships provided concrete evidence for curbing the influence of lobbyists in the US political system. The influence of money in politics is widely rega... Read more...
03 May 2016
There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the London School of Economics (LSE) - about 30 times the number of new houses London needs a year. But o... Read more...
30 April 2016
SIR - I noted with interest the research from the London School of Economics into the use of synthetic phonics in schools. Phonics is a highly effective method of helping children who are behind with reading to catch... Read more...
26 April 2016
Sandra McNally interviewed for the drivetime show, discussing recently published research on teaching reading with 'synthetic phonics'. This interview was broadcast by BBC Radio Ulster's Evening Extra programme on April... Read more...
An ''inexpensive trial'' policy improved all pupils' literacy in the early years and had long-term effects on children who struggle with reading, a major new study has found. The ''teaching to teach'' literacy study, whi... Read more...
25 April 2016
Welcome to the latest issue of Best Evidence in Brief, brought to you by the Johns Hopkins School of Education's Center for Research and Reform in Education and the Institute for Effective Education at The University of ... Read more...
Using synthetic phonics to teach children how to read can have considerable long-term benefits for pupils from disadvantaged backgrounds and those who do not have English as a first language, according to a new study by ... Read more...
Poor land-use regulation is the main reason for Londons crazy prices. Two problems stand out. ... There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the Lo... Read more...
An assessment of more than 270,000 children by LSE's Centre for Economic Performance (CEP) discovered that those who were learning phonetically had developed far better by age seven than those using traditional methods. ... Read more...
US PRESIDENT Barack Obama is expected to give a major boost to the Remain campaign tomorrow by backing David Cameron's call for Britain to stay in the European Union. Earlier this week the Treasury published analysis su... Read more...
21 April 2016
The frustrating thing is that politicians seem quite happy to ignore evidence - even when they have helped to support the researchers who produced it. For example, when the chancellor George Osborne announced in his bud... Read more...
16 April 2016
Gill Wyness, lecturer in the economics of education at the UCL Institute of Education, said that St John's students would welcome the funding but warned that a move towards support coming from universities rather than th... Read more...
14 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
New research by London school of economics Professor Christian Hilber and Wouter Vermeulen of the Netherlands Bureau for Economic Policy Analysis provides strength and evidence of the connection between high housing pr... Read more...
If you're reading this you probably don't need convincing, but one of the most significant milestones in economic research over the last several years was documenting empirically that it really is true. A new paper buil... Read more...
11 April 2016
It costs a relatively large amount of money to buy a house in the UK - something readers from the UK will almost certainly agree with. But economists differ over why this is. This column argues that strict planning regul... Read more...
10 April 2016
A generation of young, 'middle achievers' are being left behind by the Government because they do not go to university, a damning report has claimed. Most youngsters - 53% - do not go on to university or do A levels, yet... Read more...
08 April 2016
53% of young people do not follow the 'traditional' academic route into work. This majority of young people are significantly overlooked in their transition for work by the education system and the focus on apprenticeshi... Read more...
The article is an in depth summary of Nicholas Bloom and John Van Reenen's research on the difference in management practices. Ideally, this summary highlights the key points of focus as established by the authors. Th... Read more...
07 April 2016
Areas experiencing poor economic performance are often targeted by governments with programmes aimed at improving employment. However, there are concerns that any increases in employment come at the cost of reduced emplo... Read more...
A new RISE working paper, describing the development of an expanded survey tool, presents research findings that could be used to help systematically measure management practices in schools in developing countries, and p... Read more...
05 April 2016
''My view of the history of minimum wages is that we've always been surprised about how you seem to be able to push them up without harming job prospects,'' says Alan Manning, a professor at the London School of Economic... Read more...
29 March 2016
Expansion of higher education systems around the world is likely to continue, according to a study that found a strong correlation between opening universities and significantly increased economic growth. An analysis... Read more...
23 March 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...
The CBI also said savings from reduced contributions to the EU's budget and regulation would be greatly outweighed by the negative impact on trade and investment. Last week a report by the Centre for Economic Performance... Read more...
21 March 2016
Weekly recommendations include: On the LSE Business Review blog, work by Nguyen and Van Reenen using an RDD to show that tax credits increased R&D spending and innovation among SMEs in the UK. The item was published by... Read more...
18 March 2016
The UK leaving the European Union would knock £850 off the average UK household's income, according to a report from the Centre for Economic Performance (CEP) at the London School of Economics. And that's its concl... Read more...
''The fiscal target should be on balancing the books on current spending over the business cycle - just as it was when the Office for Budget Responsibility was first set up in 2010. Otherwise there will always be too mu... Read more...
17 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...
The Danes are the happiest people on Earth, followed by the Swiss, while Britons are comparatively miserable among the rich nations, but happier than the French and Italians. The only European countries happier than the ... Read more...
16 March 2016
The SDSN is pleased to present the 2016 World Happiness Report in two volumes - the 2016 Update and the Special Rome Edition, including an update on national rankings and new analyses. A key focus this year is on the in... Read more...
All schools will become academies, announced George Osborne in his 2016 Budget speech. But the impact of such mass rollout on students' performance is uncertain, explain Andrew Eyles and Stephen Machin. This article was... Read more...
John Van Reenen, Director of the Centre for Economic Performance, gives his reaction to the 2016 Budget. The austerity approach continues, despite it having little economic sense. Fuel duty is frozen as a sweetener to hi... Read more...
Scholars who have read the paper say it makes a valuable contribution to the field. The model ''is stylized but rich enough, I think, to capture some of the main features of the sector,'' explains John Van Reenan, an eco... Read more...
15 March 2016
Looking into FDI (foreign direct investment), the London School of Economics' Centre for Economic Performance determined that if the UK could reach favorable free trade agreements with the EU after a Brexit, it will lose... Read more...
In the run up to the vote on June 23 we'll be putting a selection of your questions to our panel, which includes business groups, academics, trade experts and journalists. The panel includes: Swati Dhingra is an assista... Read more...
How to reduce the risk of depression during your retirement? The good news of the day, is that I put a hand on a study that deals with precisely this sensitive topic. Entitled Retirement blues, it is written by Gabriel ... Read more...
14 March 2016
Although the report also raised as an option Britain signing onto the North American Free Trade Agreement, report co-author Swati Dhingra said she does not envisage that happening. Even if it did, Dhingra said, it would ... Read more...
According to studies conducted by John Van Reenen, director at the Centre for Economic Performance at the London School of Economics and Political Science, differences in productivity between other countries and the US c... Read more...
11 March 2016
Recently, Zack Cooper, Stuart Craig, Martin Gaynor, and John Van Reenen released a landmark study on national private health care price variation that was completely at odds with Medicare data on health care spending. T... Read more...
10 March 2016
Article by Guy Michaels Over the last 30 years, floods have killed more than 500,000 people globally, and displaced about 650 million more. In a recent paper published by the Centre for Economic Performance, we examined... Read more...
09 March 2016
Article by Swati Dhingra and Thomas Sampson In June, UK voters will decide whether to remain part of the EU. This column explores the UK's options if a majority votes in favour of Brexit. One possibility is for the UK, ... Read more...
04 March 2016
Source: London School of Economics and Political Science Country: World Abstract Does economic activity relocate away from areas that are at high risk of recurring shocks? We examine this question in the context of floo... Read more...
03 March 2016
In the latest State of Working Britain blog, editor Professor Jonathan Wadsworth writes: Common Mis-Perceptions About Recent UK Labour Market Performance No 1. A Record number of people in work The opening sentenc... Read more...
01 March 2016
Paul Cheshire is interviewed about building on the green belt in the South East. The interview was broadcast by BBC South East on the Inside Out programme on February 29, 2016 Link to recorded interview here Related... Read more...
29 February 2016
A study by University College London estimated that migrants coming to the UK since 2000 have been 43 per cent less likely to claim benefits or tax credits compared to the British-born workforce. ''Immigrants, especially... Read more...
26 February 2016
In the period 1993-2007, manufacturing employment in this country fell by around 55%, while the use of robots rose by around 80%. By contrast, Germany’s deployment of robots rose by around 165% and its m... Read more...
15 February 2016
The study, Graduate Returns, Degree Class Premia and Higher Education Expansion in the UK, published by the Centre for Economic Performance at the London School of Economics, finds that, five years after university, grad... Read more...
14 February 2016
Latest State of Working Britain blog by Jonathan Wadsworth The central message is that it would be wrong to conclude from analysis of the net change in employment that migrants take all new jobs. Rather the net change i... Read more...
09 February 2016
The opportunity to automjate UK workplaces does not necessarily mean huge unemployment and lower pay as machines take over. The claims came in presentations ahead of the Automatica Robotics Trade Show, and aimed to highl... Read more...
08 February 2016
[David] Blanchflower and [Stephen] Machin argue labour market must tighten further before pay growth picks up, something Bank of England consistently fails to acknowledge. This article was published by The Guardian on F... Read more...
02 February 2016
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
Vehicle production "Made in Britain" has reached peaks in 2016, but the uncertainties on the future of the industry with the release of the European Union and the common market. Thomas Sampson, Profe... Read more...
26 January 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...
Dr Thomas Sampson from the Centre for Economic Performance says the EU accounts for about half of all UK trade. This interview was broadcast by Sky News Tonight on January 25, 2016 Link to interview here Related pub... Read more...
25 January 2016
The CBI estimates that leaving the EU would, ''conservatively'' have a significant net negative impact on the UK economy of £78bn annually, or about 4-5 percent of GDP. However, others have made more dire predictio... Read more...
21 January 2016
Tumbling global markets are issuing a cry for help to policymakers of all stripes: Do something. As investors, traders and pundits scramble to understand the reasons for the terrible start to 2016, more and more are look... Read more...
It's not every day that an unpublished academic study rates a front-page story in the New York Times, let alone an additional continuation page replete with graphics, but that was the treatment accorded to the study titl... Read more...
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...
There is an overall increase in new companies for a range of reasons. One reason has certainly been the economic downturn, which has resulted in people having difficulty find a job and turning to entrepreneurship, accord... Read more...
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
Results from the Centre for Economic Performance study in March 2015 suggest deregulation of Sunday trading laws has a considerable positive impact on employment, which stems from new firms being able to enter the mark... Read more...
16 January 2016
Article by Guy Michaels In a new study published by the Centre for Economic Performance (CEP), we examine why so many people are hit by floods year after year. In particular, we ask whether urban populations respond to ... Read more...
11 January 2016
Dr Tom McDermott of the School of Economics and the Environmental Research Institute at University College Cork has been working with colleagues from the London School of Economics and Oxford University to examine overpo... Read more...
Professor Paul Cheshire accused the tycoon of hugely exaggerating the size and benefits of his stake in Scotland and said promises made by him were falling apart at the seams. This article was published by the Mail on ... Read more...
10 January 2016
Climate change experts have backed calls for tighter planning restrictions to prevent new building on flood plains after the worst national flooding crisis in a generation. After a major study of city floods around the w... Read more...
07 January 2016
Brexit would be a catastrophe for the British economy: leaving the European Union would mean sacrificing the prosperity and the future security of the United Kingdom, according to a survey among experts. None of the more... Read more...
05 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
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
Four out of five economists in the Financial Times survey see another good year of UK growth, keeping Britain near the top of the international table for advanced economies, a position it has enjoyed since the start of 2... Read more...
British households can look forward to another year of ultra-low interest rates, with most economists expecting a maximum 1 per cent by the end of 2016. Just five out of 104 respondents to the question: ''Please explain ... Read more...
Government initiatives to support home ownership and build new houses will fail to have any real impact in 2016, with UK property prices expected to keep climbing. John Van Reenen, Director, Centre for Economic Performa... Read more...
The size of the current account deficit and the UK's reliance on household consumption are among the main worries for Britain's leading economists. John van Reenen, Director, Centre for Economic Performance: First... Read more...
The UK taxpayer is left to pick up the cost of flooding because housebuilders do not contribute enough when building homes, giving them an incentive to build on floodplains, according to research. Flooding costs between... Read more...
01 January 2016
The biggest issue for 2016...is the same as it was for 2015: the possibility of Brexit Section by John Van Reenen Being part of the world's largest economic trading block benefits the UK through more trade and foreign ... Read more...
31 December 2015
A recent study by Zack Cooper, Stuart Craig, Martin Gaynor, and John Van Reenen has documented the remarkable variations across regions and age groups, and within regions, in U.S. health care spending. Previously, the Da... Read more...
30 December 2015
The cost of medical care varies widely across the United States, a new study reports. Hospitals negotiate the cost of medical services with insurance companies. And, the new report found that prices at hospitals in monop... Read more...
26 December 2015
18 December 2015
The World Bank Group launched the Competitive Cities report [1] on December 10 - ''Competitive Cities for Jobs and Growth: What, Who and How,'' which represents almost two years of research and analysis to put together a... Read more...
3. New data shows experts were wrong about where healthcare costs less Researchers analyzed the real prices hospitals negotiate with private insurers and found places that spend less on Medicare do not necessarily spend... Read more...
Dennis Novy believes Chinese investors would no longer take the UK seriously if the country left the EU. ''It would be one-sided deterioration'', argues the associate professor of economics at the University of Warwick,... Read more...
Article by Nicholas Bloom, Raffaella Sadun, Daniela Scur and John Van Reenen There is a long history of debate within business, policy, and economic literature regarding whether firms can improve their performance by tr... Read more...
There is much in the Ciudadanos programme, drawn up by Luis Garicano, a London School of Economics professor, to appeal to investors. This article was published in The Times on December 17, 2015 Link to article http:/... Read more...
17 December 2015
John Van Reenen interviewed by ITN A group of economists from the LSE have tried to model the effect Brexit would have on trade. Interestingly, they concluded that even in the best-case scenario Britain would face subst... Read more...
A new ''Big Data'' project from researchers at Carnegie Mellon University, Yale University, the University of Pennsylvania and the London School of Economics demonstrates that the prices hospitals negotiate with private ... Read more...
16 December 2015
15 December 2015
The cost insurance companies pay for a medical operation in a hospital varies dramatically from city to city within the U.S. and can even vary by a factor of nine within an individual city, according to new research. The... Read more...
Robots at work is a study by Georg Graetz of the University of Uppsala in Sweden and Guy Michaels at the London School of Economics that analyzes statistics from 1993 until 2007 of 14 industries in 17 developed countries... Read more...
Health care is among the largest sectors of the U.S. economy and accounted for more than 17 percent of gross domestic product (GDP) in 2014. About 60 percent of the U.S. population has private health insurance, which pay... Read more...
Commercial health plans that cover workplace benefits for millions of Americans pay higher prices to hospitals that have little or no competition, according to a new study that raises questions about how to slow U.S. hea... Read more...
Economists at Yale, Carnegie Mellon, the University of Pennsylvania and the London School of Economics have released a paper that shows vast differences in charges for hospital procedures across the country. Unlike some... Read more...
Three of the nation's largest insurance companies - Aetna, Humana and UnitedHealth - have let researchers have a look at the negotiated prices they pay for services and procedures like C-sections, MRIs and hospital sta... Read more...
The prices hospitals negotiate with health insurance companies vary enormously within and across geographic regions in the United States, according to a new study coauthored by a Yale economist. ... ''Virtually everythin... Read more...
According to the report, titled ''The Price Ain't Right? Hospital Prices and Health Spending on the Privately Insured,'' information collected on Medicare has largely impacted the country's health-care policy as data on ... Read more...
While many studies have shown that Medicare gets a good deal in Rochester, Duluth and Minneapolis, new work from four economists suggests that private insurers in those cities pay noticeably more for care. This article ... Read more...
Researchers have compiled data on $682 billion worth of claims to look at the truth behind medical costs. This article was published online by Marketplace.org on December 15, 2015 Link to article here Related publi... Read more...
Hospitals that face fewer competitors have considerably higher prices, according to a new study from researchers at Carnegie Mellon University, Yale University, University of Pennsylvania and the London School of Economi... Read more...
... But a new study casts doubt on that simple message. The research looked not only at Medicare but also at a huge, new database drawn from private-insurance plans - the sorts used by most Americans for health care. And... Read more...
Georg Graetz and Guy Michaels (2014) teachers at the University of Uppsala (Sweden) and the LSE, have written a study called 'Robots at Work' that has examined the effects of the use of robots in 14 manufacturing sectors... Read more...
14 December 2015
A recent study by Guy Michaels and Georg Graetz shows that robots might not drive people out of work. Instead they raise productivity which reduces the prices of goods and services. Lower prices increase demand to which ... Read more...
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
We said in reporting official Labour Market Statistics that ''Three in four new jobs go to migrants from EU countries'' (News, Nov 12). This was wrong. The Office for National Statistics has stated that its estimates of ... Read more...
10 December 2015
'Bleak' prospects A seminar on social mobility in the UK, to be held at the London School of Economics on Thursday, will hear that too little progress is being made. It will be addressed by Prof Stephen Machin, res... Read more...
Earlier this year in a blog entitled ''Robots are infiltrating the growth statistics,'' the Brookings Institution commented on jointly conducted new research from Uppsala University and the London School of Economics, wh... Read more...
09 December 2015
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...
John Van Reenen, Director of the Centre for Economic Performance at the London School of Economics, discusses today's UK manufacturing. This interview was broadcast by Share Radio on December 8, 2015 Link to interview ... Read more...
08 December 2015
Analysts already point to Ciudadanos as the likely kingmaker after the December 20 election. The party is expected to command a parliamentary group so large that it would be impossible for others to rule without it. Ciud... Read more...
On video: Vince Cable, Diane Coyle, Bronwyn Curtis and Anna Leach, with John Van Reenen and Robin Mansell LSE Business Review's official launch event took place on 2 December. A panel of top UK economists discussed How ... Read more...
07 December 2015
The Economist quoted a study by John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, which conducted 14,000 interviews and discovered that UK employees score their bosses le... Read more...
04 December 2015
Professor Martin Knapp at the London School of Economics and Political Science will lead another study, which will develop a publicly available tool to help meet the future needs of dementia patients and their carers. A ... Read more...
03 December 2015
Now, robots in the past have never been job-killers. First investigations of scientists Georg Graetz and Guy Michaels on the effects of robots show an increase in labour productivity, added value and wages, but also a re... Read more...
01 December 2015
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
THE low productivity of British workers has several possible culprits. Inefficient family-run companies are sometimes blamed, as are poor workforce skills. But whereas these problems are well documented, another factor i... Read more...
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
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
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...
Money should follow patients and they need information and choice, write Nicholas Bloom and John Van Reenen In work with Carol Propper and Stephan Seiler, we evaluate whether competition improves hospital quality, in pa... Read more...
25 November 2015
Richard Layard profiled: ''Richard Layard, who believes the basic purpose of economics is the maximization of happiness and well-being'' A day after sharing a stage with the Dalai Lama, London School of Economics (LSE)... Read more...
Anna Valero suggests ways to deal with deficits in skills, infrastructure and innovation. This article was published online by the LSE Business Review blog on 23 November, 2015 Link to article here Related publicati... Read more...
23 November 2015
In 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
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
In order of importance, it can be compared with the steam machine's breakthrough in the beginnings of industrialisation, according to Department of Economics Researcher George Graetz at Uppsala University. This article ... Read more...
16 November 2015
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, has studied some of the less high-profile strategies employed by companies that are successful over the long term. This... Read more...
11 November 2015
All said, are Nicaraguans happier? According to the World Happiness Report 2015, edited by John Helliwell, Richard Layard and Jeffrey Sachs, Nicaraguans are indeed happier now than they were in 2007. Nicaragua ranks fir... Read more...
10 November 2015
Prioritising wellbeing as a key measure of whether policy is improving human lives would lead to more interventions like the provision of psychological therapy for people with mental health problems, which increased acc... Read more...
John Van Reenen, Professor of Economics and Director of the Center for Economic Performance at the London School of Economics, joins us to discuss the economics of management, productivity, and information technology. Li... Read more...
09 November 2015
John Van Reenen interviewed about the economics of management, productivity, and information technology. This interview was broadcast by Economic Frontiers on November 9, 2015 Link to article here Related Publicati... Read more...
Dennis Novy gave a radio interview for the Drive programme with Lorna Bailey. The topic was the upcoming negotiations of Prime Minister David Cameron over Britain's EU membership and in particular their implications for ... Read more...
''Immediately after the General Election in May this year, the Migration Advisory Committee (MAC) was commissioned by the Conservative government to examine Tier 2 of the Points-Based System,'' ... The MAC indicated in A... Read more...
01 November 2015
Hoboken, NJ - John Wiley and Sons, Inc., and the British Academy are pleased to announce the winners of the 2015 Wiley Prize in Economics and the Wiley Prize in Psychology The annual Wiley Prize in Economics, made in p... Read more...
29 October 2015
With the Leave.eu campaign pledging to win back the UK, and with The Britain Stronger in Europe campaign pledging to explain the ''true reality of life'' outside the EU, arguments for and against UK's membership give and... Read more...
23 October 2015
Liberal Ciudadanos defends the idea of a single contract to end a two-tier labour market, with ''a core of the temporary workers, much less protected and highly protected workers even as the United States'', said economi... Read more...
22 October 2015
Some experts suggest it is more likely than not the UK will vote to leave. LSE Professor John Van Reenen, director of the Centre for Economic Performance, put the chance of an ''Out'' vote at 54%, with very wide uncertai... Read more...
12 October 2015
Robots are gradually becoming a part of everyday life, and as a result are impacting on the economy. To look at the influence robots are having, Joe Aldridge speaks with Guy Michaels, Associate Professor at the London Sc... Read more...
Will the attempt by the chancellor to take politics out of our new infrastructure projects succeed, asks Kathryn Cooper ''Britain is a big, diverse country with very active press and democratic process, which can hold u... Read more...
11 October 2015
Four ideas to improve Britain's bad record on big building projects UK government's plans for increased infrastructure spending and Centre for Economic Performance's recommendations. The article was published online by... Read more...
08 October 2015
''We are the builders'' - So George Osborne declared at this years Tory Conference. Is he right, or are we neglecting our National Infrastructure? Anna Valero, research economist at LSE, joins us to walk through the argu... Read more...
07 October 2015
In her address to the Conservative party conference, the home secretary delivered a pointed speech saying that ''there is no case, in the national interest, for immigration of the scale we have experienced over the last ... Read more...
06 October 2015
Professor Alan Manning of the London School of Economics has studied unemployment in former industrial areas and says every city needs the equivalent of an export sector - something to bring money from outside the area,... Read more...
04 October 2015
Ever since Thatcher's Teesside stroll, breathing life into blighted areas has met with mixed success. Understanding what might work is a step in the right direction. Professor Alan Manning of the London School of Econ... Read more...
03 October 2015
Debate on banning mobile phones from classrooms mentions LSE [CEP] research. The news item was broadcast by BBC Radio Suffolk on September 30, 2015 Link to broadcast here See also BBC Radio Shropshire News Discussi... Read more...
30 September 2015
LSE report says primaries improving since 90s and abolition of Inner London Education Authority led to pupils' success One of the researchers, Jo Blanden of the University of Surrey, said: ''London's schools have become... Read more...
In the East London case, wrote Paul Cheshire, an emeritus professor of economic geography at the London School of Economics, via email, ''the very early relatively poor but mainly educated/drop-out pioneer gentrifiers - ... Read more...
This was based on a study by Professor Paul Cheshire, of the London School of Economics, which declared that... This article was published by The Times on September 30, 2015 [Subscription needed to view article.] Re... Read more...
London School of Economics Professor Richard Peter Layard, author of Thrive, discusses progress made in treating mental health and the impact of mental illness on the global economy. He speaks on 'Bloomberg Surveillance... Read more...
29 September 2015
Henry Overman interviewed by Philip Salter It's easy to make policy, but it's hard to make the right ones. These are the sorts of questions the excellent What Works Centre for Local Economic Growth looks at. It recently... Read more...
25 September 2015
THE Centre for Economic Performance at the London School of Economics predicts the range of Brexit economic scenarios from something akin to the global financial crisis (-10 per cent GDP) to a best case scenario of a -2.... Read more...
Richard Layard, emeritus Professor of economics at the LSE interviewed on action for happiness campaign for increased happiness and kindness in the UK. The interview was broadcast by BBC World Service on September 21, 2... Read more...
21 September 2015
In the afternoon, an enthusiastic and friendly audience of more than 2000 awaited His Holiness's arrival at the Lyceum theatre. He was met at the stage door by his old friend Lord Richard Layard, who with Director of Act... Read more...
Primary colours But, when it comes to the truth, Sala i Martin has refused to discuss publicly with Luis Garicano, another heavyweight, Professor at the London School of Economics. The worst has been disappointing argum... Read more...
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...
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...
In the 70's, the New Yorker Richard Easterlin Economist concluded that, once past a certain level of income in the richest nations, happiness not increased as a result of higher revenues. Today we know for scientific res... Read more...
16 September 2015
The Coordinator of the economic program and citizens Social (C's), Luis Garicano, has invited the Economist Xavier Sala-i-Martin, favourable to the independence of Catalonia, to discuss the economic implications of that ... Read more...
An increase in market concentration in the mobile communications industry generates a true economic trade-off. This is the important finding of a new, original report. The CERRE report is co-authored by Tommaso Valletti... Read more...
15 September 2015
Ofsted, the schools inspectorate, has raised concerns about secondary pupils using their phones at school. LSE academics released a study in May suggesting that restricting mobile phone use could improve results. This a... Read more...
14 September 2015
That time difference adds 2.6 percent extra productivity for the professionals, finds an LSE-Columbia-Harvard team. An emerging body of evidence indicates that family management may actually be detrimental for performan... Read more...
Joan Costa Font interviewed regarding the push for Catalan independence in Spain. The interview was broadcast by Al Jazeera International on September 12, 2015 [No link available.] Related links Joan Costa Font webpa... Read more...
12 September 2015
Pero no es el unico que comparte ese punto de vista. Tambien Luis Garicano, profesor de la London School of Economics, analizaba los retos a los que se enfrenta la economia global en los proximos anos en un encuentro rec... Read more...
11 September 2015
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
Article by Gianmarco I.P. Ottaviano As the deadline gets closer, the United Kingdom (UK) public debate is heating up on an event that, one way or another, could change the identity of the European Union (EU) and its e... Read more...
04 September 2015
...the role of smart phones in the classroom its after research from the London school of economics suggested exam results improve in schools... This broadcast was made by BBC Radio Glouchestershire on September 3, 2015... Read more...
03 September 2015
... Tambien lo estudio el historiador Albrecht Ritschl, de la London School of Economices (LSE). En medio de la Guerra Fria, los... Germany suffers from amnesia Also studied it the historian Albrecht Ritschl, of the Lo... Read more...
Leading economists have warned that Jeremy Corbyn's economic policies are 'likely to be highly damaging' and renationalising industry could actually 'make things worse'. In the new letter to the Financial Times, the aut... Read more...
Centre for Economic Performance's Director, Professor John Van Reenen among economists signing a letter critical of Labour Party leader candidate, Jeremy Corbyn's economic plans. The letter was published by The Financia... Read more...
Mention of research from London school of economics about mobile phones in the classroom. The research was mentioned on LBC Radio's James O'Brien show on September 2, 2015 Link to the broadcast here Related Publicat... Read more...
02 September 2015
Two economics professors have studied the impact the machines have had on employment, and their findings painted a positive picture. Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics ... Read more...
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity ... The interview was published online by Eagle Radio News on September 2, 2015 [Link unavailable] Relate... Read more...
The economic benefits of industrial robots installed since the early 1990s have been similar to those of the railways in the 19th century, US highways in the 20th century, and information and communications technologies ... Read more...
01 September 2015
The Centre for Vocational Education Research's Claudia Hupkau looks at what can be learnt from past apprentices growth for the government's 3 million apprenticeship target. With GCSE results recently out, many students ... Read more...
...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...
Discussion of LSE research on robots. HOST: THE LONDON SCHOOL OF ECONOMICS DID A STUDY ON THE USE OF ROBOTS. SOME OF THE THINGS THEY FOUND OUR THAT IN 17 COUNTRIES THE USE OF ROBOTS INCREASED... The filmed interview wa... Read more...
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity and employment in a variety of countries between 1993 and 2007 to see if the trepidation about the increased u... Read more...
Solidarity Economy: Conversations with the Dalai Lama about altruism, development and compassion The Mind and Life Institute was born in 1987 ... the Professor Emeritus of Economics at the London School of Economics, Lo... Read more...
28 August 2015
It's a powerful and timely point. Rent extraction and rising inequality are two sides of the same coin. Research by Brian Bell and John Van Reenen last year suggested that up to two-thirds of the increase in the overall ... Read more...
24 August 2015
Leaders could also test whether specific work conditions or policies affect workers' performance. ... Nick Bloom of Stanford University and his colleagues conducted a randomized experiment on working from home using a NA... Read more...
20 August 2015
Article by John Van Reenen Voting for Jeremy Corbyn as leader is a gut reaction to Labour's electoral defeat. Corbyn does point to some real economic problems facing Britain but his policies are based largely on the kin... Read more...
17 August 2015
Article by Dennis Novy Alexis Tsipras will be able to survive, for one simple reason: there’s no better alternative. The Greeks don’t want to leave the Eurozone. The last months have shown that the government's prev... Read more...
Article by John Van Reenen Unlike most commentators I have actually read Corbyn's ''The Economy in 2020'' as well as the 1983 manifesto. Corbyn's document has several major advantages. First, at 8 pages it is much short... Read more...
15 August 2015
David Cameron's plan to toughen visa rules for foreign workers could backfire by forcing British companies to expand overseas and hitting the quality of university research, the Government's immigration advisers warned y... Read more...
14 August 2015
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...
Article by Georg Graetz and Guy Michaels The authors say that: ''Industrial robots boost productivity and growth, but effect on jobs is an open question''. This article was published online by the LSE Business Review o... Read more...
13 August 2015
In a new paper from London's Center for Economic Research [sic] George Graetz, of Uppsala University, and Guy Michaels, of London School of Economics found that industrial robots have actually driven labor productivity a... Read more...
In a recent discussion paper for the London School of Economics Centre for Economic Performance, Stephen Machin, professor of economics at University College London, and Richard Murphy, assistant professor of economics a... Read more...
It's a well-known fact that Essex is blessed with an excellent choice of schools, in both the public and private sectors. And thanks to some research published a couple of years ago by the Centre for Economic Performance... Read more...
12 August 2015
Records: the happiest country in the world On April 24, 2015, the 2015 Edition of the happiness of the world (World Happiness Report) was published. The work includes a happiness measure, taking into account 158 countri... Read more...
11 August 2015
On average, sexual-minority adults are more likely to be single, tend to have worse health and are less likely to be employed than heterosexuals, say Nattavudh Powdthavee of the London School of Economics and Mark Wooden... Read more...
[Gabriel] Ahlfeldt, an Associate Professor of Urban Economics and Land Development at the London School of Economics and Political Science, says as long as outward growth is prevented by policies such as the 'green belt'... Read more...
10 August 2015
There is very little evidence to suggest that migration has a significant negative impact on wages or employment. A study by researchers at the London School of Economics earlier this year found that immigration to Brita... Read more...
Article by Georg Graetz and Guy Michaels Robots may seem dangerous not only to cinema action heroes but also to the average manufacturing worker. To assess whether such concerns are well founded, Guy Michaels and Georg ... Read more...
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
It was some considerable interest that I read a contribution in dementia policy, co-authored by one of my previous bosses, Prof Martin Rossor. The other co-author was Prof Martin Knapp from LSE. This article was publis... Read more...
04 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...
Those of us who have run hospitals where we've been serious about achieving improvements in quality and safety know that without a highly committed board of trustees, the results will never be sustainable. And so it is l... Read more...
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...
Guy Michaels of the Centre for Economic Performance, LSE, discusses the use of robots in industry. This interview was broadcast by Share Radio on August 2, 2015 [No link available] Related publications Robots at work... Read more...
02 August 2015
In the book A Good Childhood: Searching for Values in a Competitive Age by Judy Dunn and Richard Layard, they reference a study which reports only seven percent of adults say children have a stronger sense of moral value... Read more...
... Top economists echoed the TUC's concerns yesterday ... Growth in recent years has been ''anaemic'', according to University College London's Professor Stephen Machin, and research director at the Centre for Economic ... Read more...
01 August 2015
In a March 2015 paper, Robots at Work, Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics concentrate on the economic effects of industrial robots. They base their research on data coll... Read more...
31 July 2015
Article by Gill Wyness There were a surprising number of announcements relating to higher education in George Osborne's budget this week. One of the most controversial was the announcement that university maintenance gr... Read more...
10 July 2015
John Van Reenen interviewed on the UK budget. This interview was broadcast by China Central TV Europe (CCTV) on July 9, 2015 Link to broadcast here [Interview with Prof Van Reenen starts around 02.30] Related publicat... Read more...
09 July 2015
Albrecht Ritschl is interviewed on market crashes and China. The interview was broadcast by CNN International Europe - The Business View News on July 9, 2015 [No link available] Related publications 'Reparations, Def... Read more...
... creditors, in exchange for pro-market reforms'', said Professor Albrecht Ritschl of the London School of Economics. West Germany was able to borrow on international markets again, and, free ... This article was publ... Read more...
Leading academics from the London School of Economics have called on both Greece and its international creditors to adopt a more responsible approach. This article was published online by Business Reporter on July 9, 20... Read more...
Twenty-six members of the faculty at the London School of Economics (LSE) have called for Greece's creditors to ease the austerity measures they have imposed over the last five years. In an open letter, the professors wr... Read more...
Article by Anna Valero In the 2015 summer budget, George Osborne at last identified the UK's productivity performance as an important issue that needs to be tackled. Here, Anna Valero reviews some of the measures ahea... Read more...
Dr Christos Genakos, of the London School of Economics, studied the impact of decisions to ease Sunday trading rules in 30 European countries between 1999 and 2013. He found the reforms boosted net employment by 7-9 per ... Read more...
08 July 2015
Article by Max Nathan Despite the recent hype, London's digital sector appears to have shrunk since 2010, with much of the 2000s surge wiped out, and has only recently turned the corner. This article was published onl... Read more...
06 July 2015
A February study by economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics (LSE), using data from the International Federation of Robotics, has shown that robots of the same qual... Read more...
01 July 2015
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
DAVID CAMERON'S top immigration adviser has suggested the introduction of a £3m ''entry fee'' for Russian oligarchs and other wealthy foreigners who want to stay in Britain, with some of the proceeds used to help s... Read more...
28 June 2015
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
Article by Sandra McNally From this September, all pupils at secondary school will have to study English, a language, maths, science and history or geography at GCSE. This is the English Baccalaureate, or Ebacc, which e... Read more...
23 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...
A paper by Uppsala University and the London School of Economics in February revealed that industrial robots do increase labor productivity and raise a country's average growth rate by 0.37 percentage points. The ar... Read more...
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...
Similar work by Paul Cheshire and Christian Hilber, of the London School of Economics, estimated that in the early 2000s this regulatory shadow tax was roughly 300% in Milan and Paris, 450% in the City of London, and 800... Read more...
22 June 2015
Money, as the song lyric has it, can't buy you love - or happiness. Happiness, as Richard Layard's research shows, depends much more on the quality of our personal relationships than on our income. In many ways, the most... Read more...
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...
8.50am: live radio interview Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. The interview was broadcast by BBC Coventry and Warwickshire on the Shane O'Connor Breakfast Show on June 22, ... Read more...
The new aims and role of the Centre for Vocational Education Research (CVER) has become clearer since a consultation event this month, as Andrew Morris explains. The new Centre for Vocational Education Research (CVER), ... Read more...
See: Comment by georgep76 3dago - below the cartoon Germany has been described as the biggest ''debt transgressor'' of the 20th Century, with restructurings in 1924, 1929, 1932 and 1953. Total debt forgiveness for Germ... Read more...
21 June 2015
The study 'Robots at Work' (Robots at work), published in February 2015 analyzes the impact of the growing automation in the economic development of 17 countries. Its authors Georg Graetz of the University of Uppsala and... Read more...
Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. This interview was broadcast by BBC News on June 21, 2015 [No link available] Related links Dennis Novy webpage Globalisation Programm... Read more...
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. Researchers analyzed for the first time the economic impact of industrial robots, us... Read more...
20 June 2015
Scientists Georg Graetz of the Uppsala University and Guy Michaels of the London School of Economics come to the following conclusion: the average over 10 percent of increase of the gross domestic product and 15 percent ... Read more...
19 June 2015
First Richard Layard, my colleague in the Lords, blogged about why schools should teach character as well as competence. Their research at the LSE, using the British Cohort Study, found that the strongest predictor of a ... Read more...
But Associate Professor of Economics at Britain's University of Warwick, Dennis Novy, expects neither success nor disaster at Monday's summit. ... Novy says default would not immediately create a crisis because key cred... Read more...
A look back: national bankruptcies are not so rare The economic historian Albrecht Ritschl called Germany the most wayward of the 20th century: ''The Federal Republic owes your today's financial stability and its status... Read more...
18 June 2015
In fact, there is not much evidence on how even today's automation is affecting employment. Guy Michaels and his colleague Georg Graetz at the London School of Economics recently looked at the impact of industrial robots... Read more...
16 June 2015
Provided in a new paper 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 of the ... Read more...
Deutsche Bank has been the first one to fire a warning shot over the UK vote to leave the EU, but others are certainly already preparing too, says Dr. Dennis Novy, associate professor in the department of Economics at th... Read more...
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
The democratic nature of this debate is a helpful reminder as to why history matters. If Britain does withdraw from the European Union, the cost for families and the national economy will be immense. As reported in the G... Read more...
Paul Cheshire discusses using limited amount of London's green belt for housing. The interview was broadcast by BBC Radio 4 News on June 14, 2015 [No link available.] Related Publications The Green Belt: A Plac... Read more...
Letter from Ha-Joon Chang, Thomas Piketty, David Blanchflower and others Emeritus professor of Economics, Cambridge University Prof Hugh Willmott, CASS Business School Prof Steve Keen, Professor of Economics, Kingston U... Read more...
12 June 2015
Citizens violate their economic program in the Andalusian pact No sign of economist [Luis] Garicano's proposals to simplify administration. Queues at a theater to hear an economic program of a party was an unprecedente... Read more...
11 June 2015
Dr Keyu Jin was interviewed about China's industrial output gains. The interview was published online by Bloomberg's The Pulse on June 11, 2015 [No link available.] Related links Keyu Jin webpage Globalisati... Read more...
One of the reasons for this, according to Gill Wyness, a researcher in education policy at the centre for economic performance at the London School of Economics and a lecturer at the University College London Institute o... Read more...
...in 2013, I wrote that the evidence was 'mixed on wages, with some evidence of downward pressure for the lower paid'. He argues that the latter statement contradicts the former. In the intervening five years, we've ha... Read more...
...its roster of contributors includes John F. Helliwell, Richard Layard of the London School of Economics, and Jeffrey D. Sachs who is, among other things, special advisor to U.N. Secretary-General Ban Ki-moon. Overall,... Read more...
10 June 2015
Britain's politicians say they are keen to reward aspiration, but soaring house prices are a significant block to achieving this. Professor Christian Hilber, from the London School of Economics, explains to Ferdinando Gi... Read more...
09 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
Article by Keyu Jin Chinese Prime Minister Li Keqiang recently cited job creation as vital to his country's ''ultimate goal of stability in growth''. His observation could not be more accurate. In fact, one of the mos... Read more...
04 June 2015
Article by Keyu Jin Keyu Jin calls for greater credit access and lower entry barriers for China's private-sector firms to flourish and create employment. This article was published by the South China Morning Post on Ju... Read more...
03 June 2015
However, Keyu Jin of the London School of Economics now says the Chinese economy is not creating enough jobs. This article was published by The Epoch Times on June 3, 2015 Link to article here Related links Keyu J... Read more...
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...
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...
Marco Manacorda filmed giving a talk at the Festival of Economics on Trento. There is abundant anecdotal evidence but poor empirical evidence of the benefits enjoyed by the relatives of politicians in the labor market. ... 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...
Partly as a result London house prices per square foot are now the second highest in the world after Monaco, according to the London School of Economics' Centre for Economic Performance. The problem is acute: the average... 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...
Having a politician relative adds an average of 500 euros a year to one's salary, according to a new study by two Italian economists. This is equal to a 3 percent increase in an average paycheck. In comparison, every a... Read more...
The Chris Blackhurst interview from 13 July 2014 How could we become a happier nation? One pioneering economist has spent the best part of a decade arguing that we simply must find an answer to this question - gaining ... Read more...
01 June 2015
Earning more money, bagging the fabulous job you have always wanted, or travelling the world might seem like keys to happiness. But, according to ''happiness expert'' Paul Dolan, making simple changes is the key to bring... Read more...
More money, the job of your life may seem like the keys to a happier life. However it is no less true that happiness is, according to Professor Paul Dolan. Just small changes that bring joy and give meaning to life can... Read more...
31 May 2015
According to happiness expert Prof Paul Dolan, making simple changes are the key to creating joy. Prof Dolan, of the London School of Economics, has claimed a work promotion may bring more stress, travelling can be lonel... Read more...
WHEN Margaret Thatcher came to power in 1979 she set about bulldozing the trade unions, which had frequently brought Britain grinding to a standstill in the 1970s. On May 27th David Cameron indicated that his Conservativ... Read more...
30 May 2015
Anna Sivropoulos-Valero interviewed on productivity. The interview was broadcast by BBC Radio 4's More or Less Programme on May 29, 2015 Link to interview here [Interview begins around 08:24.] Related publications ... Read more...
29 May 2015
About 85 per cent of Canadian high school students have a mobile phone, but two economics researchers have concluded cellphones are distracting in class. Their research paper concludes high school students score higher m... Read more...
25 May 2015
Article by Camille Terrier French teachers went on strike on May 19 to voice their disapproval of two major reforms that have been proposed by Najat Vallaud-Belkacem, the French education minister. The two reforms are v... Read more...
22 May 2015
The London School of Economics showed that test scores of 16-year-old students were 6.4 percent higher after schools banned students from using mobile phones. This article was published by the Guardian - Teacher Netwo... Read more...
20 May 2015
Schools that have banned students from carrying smartphones have seen an improvement in the children's test stores, reported CNN Money on a new study from the London School of Economics. This article was published onl... Read more...
19 May 2015
Dennis Novy (CEP) interviewed on the comment by Lord Bamford, Chairman of JCB, that leaving the EU would not necessarily be a big problem for British business. This interview was broadcast by BBC Radio Coventry &... Read more...
18 May 2015
The authoritative How Mental Health Loses Out in the NHS study, published by the LSE in 2012, revealed that for people aged 65 or less, nearly half of all ill health was mental ill health. This article was published o... Read more...
15 May 2015
Anna Sivropoulos-Valero interviewed, on productivity. The interview was broadcast live on BBC Radio 5 on May 13, 2015 Related publications Productivity and Business Policies, Isabelle Roland and Anna Valero, CEP... Read more...
13 May 2015
Article by Richard Murphy and Louis-Philippe Beland How does the presence of mobile phones in schools impact student achievement? This is an ongoing debate in many countries today. Some advocate for a complete ban, whil... Read more...
12 May 2015
Richard Layard, a British social economist and associate of Kahneman, found himself at the top table of Britain's New Labour government when it took power in 1997. The press gave him the title Happiness Tsar, and his 200... Read more...
10 May 2015
... 400 000 emplois publics supprimes La realite est pourtant que son mandat a ete divise en deux parties. L'essentiel des mesures de rigueur a ete realise dans les deux premieres annees: hausse de la TVA, reduction dras... Read more...
07 May 2015
Javier Ortega, of the Centre for Economic Performance, interviewed on the UK 2015 General Election and issues of austerity. The interview was broadcast by Capital Radio Madrid (Spain) on May 6, 2015 Link to the broadca... Read more...
06 May 2015
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, brings a summary of factors that may influence the choice of the ballot box. The interview on Capital Radio Madrid (Spa... Read more...
05 May 2015
''Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make east London one of the world's great technology centres,'' Mr Cameron said in ... 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
Most economies across the globe have a low, or even shrinking, share of manufacturing jobs. At the same, such firms are increasingly embracing the use of robots in the workplace. Brookings Institute researchers use two ... Read more...
There's no relationship visible in the numbers between the change in factory employment and robot use, says Mark Muro, senior fellow at the Brookings Institution. In a blog post, he and Brookings colleague Scott Andes to... Read more...
The Conversation is fact checking political statements in the lead-up to the May UK general election. Statements are checked by an academic with expertise in the area. A second academic expert reviews an anonymous copy o... Read more...
28 April 2015
CEP Director Professor John Van Reenen reveals the economic policy he would put in his election manifesto. The interview was recorded for Share Radio on 28 April 2015 Link to the interview here Related links John... Read more...
'Robots at Work' - Centre for Economic Performance Discussion Paper No.1335 by Georg Graetz and Guy Michaels posted on the 'Must-Must-Read' blog. The DP was posted on the Washington Center for Equitable Growth's 'To... Read more...
27 April 2015
Both labour and its opponents make too much of a new policy Labour made two housing policy commitments over the weekend, only one of which was interesting. The uninteresting one was the promise to cut stamp duty for fir... Read more...
London School of Economics professor John Van Reenen said Britain was also suffering from government inaction over infrastructure such as high-speed broadband, roads and airports. This article was published online by ... Read more...
26 April 2015
Article by Dennis Novy TTIP could be the most ambitious free trade agreement in history. It has the potential to benefit millions of consumers and might be the last opportunity for individual European countries to set h... Read more...
23 April 2015
As Pret a Manger becomes the latest company to credit happy workers for improved profits, we examine the evidence that suggests smiling employees might keep the tills ringing. There is a slight problem with anecdotal ev... Read more...
22 April 2015
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...
University financing has again emerged as a key battleground issue in the 2015 General Election. Should fees be regulated lower and if so, how will the cost be financed? Gill Wyness explores these questions. Published... Read more...
21 April 2015
One of the main arguments employed by those in favour of remaining in the EU is simply how difficult it would prove to leave. We are deeply integrated with our European allies - economically, militarily and culturally. ... Read more...
19 April 2015
Theories abound over the causes of the UK's slump in productivity since the financial crisis; Some economists, including John Van Reenen at the Centre for Economic Performance, believe the productivity puzzle is a co... Read more...
There are signs that inequality in the UK is beginning to rise again following tax and benefit changes introduced since 2010, an economic analysis has found. The study by the Centre for Economic Performance found the... Read more...
17 April 2015
Article by Ian Preston, Andrew Street, Claudia Hupkau, David Chivers, Peter Beresford and Simon Burgess The Conversation's Manifesto Check, where academics subject each party's election manifesto to unbiased, expert scr... Read more...
Article by Hilary Steedman Welcome to The Conversation's Manifesto Check, where academics from across the UK subject each party's manifesto to unbiased, expert scrutiny. The Conservative manifesto skates over some unco... Read more...
15 April 2015
Article by Maria Goddard, Anand Menon, Christine Merrell, Claudia Hupkau, Hilary Steedman, Ian Preston, Jonathan Perraton and Steve Higgins Welcome to The Conversation's Manifesto Check, where academics subject each par... Read more...
13 April 2015
Article by Hilary Steedman and Claudia Hupkau Hilary Steedman, London School of Economics and Political Science Labour's election manifesto promises four initiatives in the area of skills and apprenticeships; the Compu... Read more...
Robert Peston was on the R4 news telling us that if we hadn't had austerity growth would have been 15 percent higher...and so would wages...a Labour narrative and pure speculation...there is no counterfactual, Peston is... Read more...
02 April 2015
John Van Reenen of the LSE, who also disagreed with austerity, said ''UK GDP is about 15 percent below where we would have expected on pre-crisis trends... Premature austerity has damaged UK welfare and, as I and others ... Read more...
01 April 2015
31 March 2015
It looks good for the Tories, the economy is recovering and employment is up. BUT, as an LSE economist put it, ''When viewed over the longer term, the state of the UK economy is not pretty''. ... Why is this? Two reasons... Read more...
The rise of the robots - how automation of the shop-floor is increasing as is the household use of these machines - has been expansively commented upon. But what the gradual adoption of bots has meant for industry, has, ... Read more...
The possible spending plans of Labour and the Tories illustrate the fact that there are real choices to be made at the election, writes John Van Reenen. When viewed over the longer term, the state of the UK economy is n... Read more...
30 March 2015
El economista Luis Garicano, autor del programa economico del partido de Albert Rivera, opina que la inversion en la alta velocidad de Galicia es un ''derroche keynesiano'' que debe paralizarse Economist Luis Garicano... Read more...
... go away'', said David Marsden, an expert in employee relations at the London School of Economics. How management deals with the current tragedy could affect the tenor of future talks, said ... This article was p... Read more...
According to Bank of England, earnings should be rising by 4 percent a year, but they are struggling to get above 2 percent - it is time the government and employers tilted wages in favour of labour. There was a time, ... Read more...
29 March 2015
The economist Alan Manning recently gave a public lecture at the London School of Economics, where he drew parallels between the Equal Pay Act and the minimum wage, pointing out that in both cases theoretical concerns we... Read more...
27 March 2015
Then there is the vital question of productivity. As Professor John van Reenen from the LSE observes, ''What the Chancellor didn't mention is that UK GDP per person is 16 per cent lower than we would have expected on pr... Read more...
Since the global financial crisis, workers' real wages and family living standards in the UK have suffered to an extent unprecedented in modern history. The one group in society for whom living standards have risen since... Read more...
26 March 2015
The big squeeze in UK living standards after the 2008 crash has been driven by a historically large squeeze in real wages (wages taking into account inflation). This was all set out in a new report from the Centre for Ec... Read more...
Article by Sandra McNally With education policy set to play an important part in the May general election campaign, debates around the future direction of the school system will take place against the backdrop of fast-p... Read more...
24 March 2015
The government made three arguments for accelerated austerity. None was persuasive. Here are three indicators of the extent to which the economy has gone ex-growth: real gross domestic product per head at the end of 201... Read more...
19 March 2015
Article by John Van Reenen Public service spending is in for a rollercoaster ride. The implication of the Autumn Statement was that public service spending would be cut to levels not seen since 1948. Now they will be 36... Read more...
New research from a group of economists at Harvard, the Treasury Department, and the London School of Economics provides a particularly vivid illustration of how disadvantage can harm the economy at large. The researcher... Read more...
16 March 2015
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
Iglesias's left-wing economic proposals have put business leaders on guard, while Rivera's economic programme, drawn up by Luis Garicano of the London School of Economics, has been better received by the business world. ... Read more...
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...
Discover the Government to catapult the economy and the stock market in Spain In a double election year in Spain, what is the best option to boost economic growth and improve our living conditions? ... We also believe... Read more...
10 March 2015
Spain prepares for bipartisanship in a crowded election year His economic program, developed by a professor at the London School of Economics, Luis Garicano, reassures companies. It also has support from the media. ... Read more...
Immigration and security minister James Brokenshire responded ... ''Uncontrolled, mass immigration makes it difficult to maintain social cohesion, puts pressure on public services and can force down wages.'' But even a m... Read more...
03 March 2015
The cost of subsidising the construction of more renewable energy won't deter industry from investing in Europe, according to a new study by the London School of Economics. ''Contrary to some claims, rises in energy pr... Read more...
02 March 2015
Researchers says even a 10-fold rise in EU carbon price would lead to a less than 0.5 per cent drop in exports A large rise in energy prices would barely affect exports from European industry and the balance of trade, a... Read more...
Article by Dennis Novy If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history. Dennis Novy writes that while the potential bene... Read more...
28 February 2015
Spain: an array of new players signals yearning for change. ... A new recruit whose academic credentials will impress some voters: Luis Garicano, a professor of ''economics and strategy'' at the London School of Economi... Read more...
The stereotype of concrete London is misleading: a fifth of all land in the Greater London Authority is green belt, according to a report by the London School of Economics, business group London First and planning firm Q... Read more...
27 February 2015
A new report from the Centre for Economic Performance (CEP) shows that there is no evidence of a negative impact of immigration on jobs, wages, housing or the crowding out of public services. The author, Professor Jonath... Read more...
London School of Economics Professor of Economics and Strategy Luis Garicano discusses the rise of anti-austerity in Europe, the upcoming election in Spain and the state of Spain's economy with Bloomberg's Mark Barton, A... Read more...
25 February 2015
In 1974 there were 350,000 people with dementia in the UK. Last year the number had grown to 816,000, a 74 percent increase. According to Martin Knapp, professor of social policy at the London School of Economics, that g... Read more...
15 February 2015
Q: How do you calculate reparations for something as catastrophic as WWII? A: Were Germany to pay reparations for the whole of the destruction it caused during the war - the Nazis were estimated to have been responsib... Read more...
10 February 2015
Albrecht Ritschl interviewed, discussing Greece's claim that it helped Germany financially after the Second World War and the political motivations behind it. The interview was broadcast on the BBC World Service Globa... Read more...
09 February 2015
According to the new Greek government, Germany has an enormous unpaid account in Greece. The Germans never paid anything for the murdering and plundering in the Second World War. The 'Zwangsanleihe', an extorted loan of ... Read more...
Alan Manning, an economist at the London School of Economics, takes issue with the assertion that economic trends observed in the US are caused by technological unemployment. While he agrees US data shows rising producti... Read more...
Citizens will present on Feb. 17 in Madrid the first axis of its economic program in a ceremony that will feature the leader of the formation, Albert Rivera, and Economist Luis Garicano, 'signed' to implement economic me... Read more...
08 February 2015
Greek officials are seeking support for a new debt agreement. ... The Germans are conveniently ignoring is their own record as one of history's biggest deadbeats. In the 1920s, according to a prominent German economic hi... Read more...
Building an economy upon a massive and growing distortion in the market for land is foolish In a recent paper, Christian Hilber of the London School of Economics and Wouter Vermeulen of the Netherlands bureau for econom... Read more...
05 February 2015
''Germany's resurgence has only been possible through waiving extensive debt payments and stopping reparations to its World War II victims'', economic historian Albrecht Ritschl told Der Spiegel in 2011, describing Germa... Read more...
30 January 2015
Competition among hospitals is linked to better quality management and lower death rate, suggests research published in The Review of Economic Studies. But competition on quality rather than price is likely to be key, sa... Read more...
Should we follow the British economist Sir Richard Layard? ''According to him, work contributes to happiness insofar as it contributes to the society and gives some meaning to the life of the worker'', says Cyril Perrier... Read more...
29 January 2015
Der Mindestlohn in GroÐ’britannien Alan Manning interviewed and Centre for Economic Performance (CEP) research on the minimum wage mentioned in an issue produced by the German government about the introduction of the mi... Read more...
As the economy recovers, wages should rise and the relative cost of capital to firms should fall, which would increase the appeal of investing in productivity-enhancing technology. This, at least, is what Professors Joao... Read more...
Britain has prized the ideal of economically mixed neighbourhoods since the 19th century. Poverty and disadvantage are intensified when poor people cluster, runs the argument; conversely, the rich are unfairly helped whe... Read more...
The Labour Party believes in reforming the NHS as much as in spending more taxpayers' money on it, and that the more independent providers of NHS services the better, if they can do a good job. ... It is also worth notin... Read more...
Dr Dennis Novy talking about Europe's economy if Syriza win the Greek election. The interview was broadcast by Sky News on January 28, 2015 Link to broadcast here Related links Dennis Novy webpage Globalisatio... Read more...
28 January 2015
Select Committee publications: education 3. The growth in the number of academies and free schools and the significance of their impact on the educational landscape in England led us to decide that it would be timely to... Read more...
Stephen Machin, professor of Economics at University College London, says, ''Creating jobs with decent pay as innovative technologies evolve is a challenge, given the UK's traditional difficulties in generating good jobs... Read more...
''Tsipras's initial decisions, especially his coalition with a nationalist-hooligan party, point toward an exit from the euro,'' Luis Garicano, an economics professor at the London School of Economics, said on Twitter. '... Read more...
27 January 2015
We demand happiness! Despite the reservations you can make there, we find that the British are busy with something special. That is why we went to London to investigate where they, four years after Cameron's speech, wit... Read more...
25 January 2015
If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history, writes Dennis Novy - and it has the potential to benefit millions of cons... Read more...
23 January 2015
Consider the example of planning policy. On one side of the barricades, there are those opposed to new development - perhaps not in general, but certainly when it comes to any specific attempt to build much-needed new h... Read more...
21 January 2015
Economist Stephen Machin, a professor at University College London said: ''Creating jobs with decent pay as innovative technologies evolve is a challenge given the UK's traditional difficulties in generating good jobs fo... Read more...
20 January 2015
The middle-class share of the U.S. wealth pie roughly doubled between the Great Depression and the early 1980s. But since then, the middle-class share has shrunk back to its lowest level since 1947, according to a study ... Read more...
ESRC-funded research provided crucial evidence for the introduction of a UK National Minimum Wage in 1999, encompassing 1.3 million workers in 2013. The research was cited prior to minimum wage legislation in Hong Kong i... Read more...
19 January 2015
Only a tenth of education reforms carried out around the world since 2008 have been analysed by governments for the impact they have on children's education. A new report by the Organisation for Economic Co-operation and... Read more...
Why have the number of startups increased? The economic downturn has led to the rise in the number of startups over recent years, says John Van Reenen, director at the Centre for Economic Performance and professor of ... Read more...
The Center for American Progress has published a lengthy and ambitious report on how to achieve ''inclusive prosperity'' - a subject that is sure to play a prominent role in the [US] 2016 election. The report is the p... Read more...
15 January 2015
New report from Inclusive Prosperity Commission, transatlantic group convened by the Center for American Progress, will present policy proposals to promote broadly shared prosperity throughout the United States Washingt... Read more...
What makes people happy? Measuring human happiness is increasingly becoming a pursuit of economists, who use a range of research tools to gauge and quantify popular contentment at a national level. A common factor is mon... Read more...
13 January 2015
Britain's recovery is secure and will continue at a good pace in 2015 even if growth is likely to be a bit weaker than last year, economists said in one of their most optimistic assessments since the financial crisis. ... Read more...
01 January 2015
Interest rates must start rising soon, to wean the UK off crisis-era monetary policy, five former members of the Bank of England's rate setting body say. Financial markets are not expecting a first rate rise until late n... Read more...
The UK government's goal of cutting public spending so public finances are back in the black by 2018-19 with a large annual surplus by the end of the next parliament will not be delivered, most economists believe. How... Read more...
Political risk is back on the worry list for economists, with opinion polls increasingly suggesting neither of the two main parties will win an outright victory in May's general election. More than 60 per cent of 85 e... Read more...
LONDON GREENBELT: The London Society was instrumental in formulating London's Green Belt in the 20th century. Tonight, near Farringdon, it hosts a debate about the future of London's Green Belt with Jonathan Manns on beh... Read more...
07 December 2014
Another 1m public sector jobs are expected to be lost over the next five years as part of the latest squeeze on the public finances. ... Adjusted for inflation, wages have fallen by about a 10th since the financial crisi... Read more...
03 December 2014
The chancellor of the exchequer, George Osborne, has delivered the financial package he hopes will convince voters to deliver a Conservative majority in May 2015. Here, a team of academic experts [that includes the Centr... Read more...
The United Kingdom has discovered that its Information Economy industries could be 42 per cent larger than current estimates, with at least 70,000 extra ICT-producing companies recently captured in a recent data find ope... Read more...
28 November 2014
In an item about the cooperative Vura Music Project in Uganda and its long-term future, Professor Luis Garicano mentioned: As shown in the Economist, Professor Luis Garicano advises that to emerge from the crisis huma... Read more...
27 November 2014
Article by Iain M. Cockburn, Jean O. Lanjouw and Mark Schankerman Patented pharmaceuticals diffuse across international borders slowly, and sometimes not at all. This column analyses the effect of patent protection and ... Read more...
26 November 2014
22 November 2014
Everett was supported by Lord Richard Layard and Lord Gus O'Donnell who were also speaking at the launch of the index. Lord O'Donnell said: ''One of the biggest, clearest conclusions from wellbeing analysis is that we s... Read more...
21 November 2014
Give doctors bonuses for asking the right diagnosis Professor of Social Policy at the London School of Economics, Martin Knapp, says such incentive schemes tend to have an effect. He thinks this controversial measure wi... Read more...
20 November 2014
What if in our relatively deregulated flexible labour market-where the balance of workplace power favours bosses, many people are engaged on flexible performance-based contracts, and new technology is sweeping away jobs ... Read more...
13 November 2014
Barbara Petrongolo will take over from Joseph Zweimuller as Director of the Labour Economics Programme from 1 August 2015. Barbara is Professor of Economics at Queen Mary University and Research Associate at the Centre... Read more...
11 November 2014
Paul Cheshire discusses housing affordability and need to build new housing. This interview was broadcast by BBC South on November 6, 2014 (no link available) Also on: BBC Radio Oxford Related links Paul Ches... Read more...
06 November 2014
Article by Jo Blanden As free nursery places for three year olds fail to deliver lasting educational benefits, Dr Jo Blanden argues we need to see a sensible approach to early years policy. This article was published... Read more...
22 October 2014
Is there a future for industry in Europe and North America? Giorgio Barba Navaretti and Gianmarco Ottaviano use the example of the newly merged transatlantic car-maker Fiat Chrysler to debunk a number of myths about the ... Read more...
20 October 2014
Wind turbines are generally popular as a source of green energy but face considerable opposition from the people who have to live near them. Steve Gibbons uses local property markets as a way to value the visual impact o... Read more...
Professor Paul Cheshire of the London School of Economics, has written that ''the unstoppable damage they do to societal fairness, housing affordability, the economic efficiency of our cities, even the environment, is de... Read more...
19 October 2014
Luis Garicano, Professor at the London School of Economics, says that ''Investors are waiting for a long time for the three things proposed by Mario Draghi (President of the European Central Bank) to happen: Germany to l... Read more...
18 October 2014
Alluding to research from the London School of Economics, which showed more of Surrey if devoted to golf courses than housing, Dr Cable said if he was in a middle-income family struggling to find a home in the county, he... Read more...
16 October 2014
The future of innovation: two visions Article by Luis Garicano Luis Garicano says that productivity growth is the key to economic growth. This article was published by El Pais on October 12, 2014 Link to article he... Read more...
12 October 2014
When the Berlin Wall went up in 1961, it created what London School of Economics associate professor Daniel Sturm calls a ''perfect experiment''. While people in West Germany voted in free elections, read independent new... Read more...
The academies programme has transformed England's educational landscape. ... A separate study by Professor Machin and Andrew Eyles at the London School of Economics identified ''beneficial effects'' in schools becoming a... Read more...
11 October 2014
Veronica Rappoport of the Centre for Economic Performance comments on her choice to be recipient(s) of this year's Nobel Prize for Economics: ''At some point should touch the area of economic growth: Romer, Aghion and... Read more...
10 October 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
New homes should be built on golf courses in an attempt to solve the housing crisis, Vince Cable has suggested. ... Dr Cable was responding to a study by the London School of Economics which suggested that more of Surrey... Read more...
08 October 2014
Article by Dennis Novy If you have been following the TTIP negotiations in the press over the past year, you might have been under the impression that TTIP is a corporate sell-out and nothing but a threat for the averag... Read more...
05 October 2014
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
In a letter to the Financial Times, academics from Scotland and England warn that separation is a gamble with very poor odds. Professor John Van Reenen, Director of the Centre for Economic Performance; Professor Mike El... Read more...
17 September 2014
Liberalisation of planning could therefore lower house prices and rents directly, and there would be a direct boost to building growth. But the real gains would come through a fall in the cost burden associated with prop... Read more...
16 September 2014
Article by Peter Dolton There are around 1.3 billion children enrolled in primary and secondary schools worldwide. Each year, governments spend trillions of dollars on their education systems with the objective of educa... Read more...
05 September 2014
Draghi: an offer you should not refuse Article by Luis Garicano The Spanish and European economic course opens with the bad news of growth in real GDP and prices in the euro area in the second quarter and the response ... Read more...
30 August 2014
Rowan Pelling enjoys a new approach to the old problem of happiness I bet politicians hanker for the days when they only had to worry whether the population was fed and plague-free, rather than fretting about their well... Read more...
25 August 2014
''Lost happiness is lost for ever'' could be a slogan emblazoned on the favourite T-shirt of a pseudo-intellectual teenage poet, or the tag line of a deep-house club night in Dalston, east London. In fact, it's the life ... Read more...
24 August 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
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
In translation: The London School of Economics and Political Science (LSE) along with the Imperial College Business School have conducted a curious study that analyzed the evolution of the price of more than one millio... Read more...
05 August 2014
House prices have grown faster in England since late 1973 than almost all other European countries. So what is going on? The problem is clearly that there is too little supply, given the demand and the growing population... Read more...
THE Federal Reserve is ''the most transparent central bank to my knowledge in the world,'' claims its chairwoman, Janet Yellen. Transparency is a commonly prescribed remedy for all manner of governmental failings. But is... Read more...
24 July 2014
Highams Park was not mentioned in material promoting business in Waltham Forest on the advice of London School of Economics (LSE) research, the council has said. There has been outcry after the area, long recognised as a... Read more...
20 July 2014
Letter page Sir, In his very timely commentary, Martin Wolf addressed the increasingly urgent issue of personal misery and its social impact caused by our failure to treat depression and crippling anxiety, now affectin... 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
Article by Henry Overman Our latest evidence review on the economic impact of cultural and sport projects might make for uncomfortable reading for some local decision makers. We looked at these programmes' effects on wa... Read more...
16 July 2014
Only 10 per cent of the value of land in expensive cities is due to its natural scarcity. The rest is planning restrictions. Paul Cheshire and Christian Hilber at the London School of Economics applied the same trick to ... Read more...
Yesterday the Independent featured an interview with British economist Richard Layard. The article's headline features Layard proclaiming ''that money is not the only thing affecting peoples happiness''. Layard has writt... Read more...
14 July 2014
The Chris Blackhurst Interview: With one in six adults in the UK suffering from mental illness, Professor Lord Richard Layard is convinced it's time for a serious response from Government - which would save the NHS mone... Read more...
13 July 2014
A new study adds some empirical firepower to the idea that poor patent laws are crushing innovation in the technology industry. Researchers from the London School of Economics studied citations from patents that were inv... Read more...
12 July 2014
And over the past 20 years, academic economists have done many empirical studies showing that's not how minimum wages work in practice. They've also developed more sophisticated theories that better fit the empirical fac... Read more...
11 July 2014
Presenter quotes an earlier appearance by Paul Cheshire on the BBC's 'Sunday Politics Show' discussing the use of the green belt for new housing sites. This mention was on the BBC Radio Bristol News on July 11, 2014... Read more...
Article by Francesco Caselli, Angus Armstrong, Jaghit Chadha and Wouter den Haan How should UK policy-makers respond to potential dangers to the economy from the housing market? As this column reports, a majority of res... Read more...
08 July 2014
The Government's Help to Buy scheme was also helping first time buyers move into the market, she added but Prof. Cheshire rejected the measures as ''putting fingers in dykes''. ''The help to buy scheme is simply a rec... Read more...
06 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
A wind farm developer has agreed to stop distributing a booklet which was given to residents in the parish of St Enoder after a complaint was made to the Advertising Standard Authority (ASA). The complaint to ASA argued ... Read more...
02 July 2014
Urban Economics and Urban Policy A new book by Paul Cheshire, Max Nathan and Henry Overman Endorsements: 'A tour de force' Michael Storper, LSE 'Bold, exciting and eminently readable' Ed Glaeser, Harvard ... Read more...
01 July 2014
Article by Joan Costa-i-Font Setting a binding minimum alcohol price raises prices, which should lower consumption. The consumption responsiveness - i.e. the elasticity of demand - is not the same for all groups. In pa... Read more...
30 June 2014
Barry Sheerman MP mentioned LSE report which highlighted percentage of greenbelt land which could be used for housing. The broadcast was made by BBC Parliament on June 30, 2014 Related publications Turning houses ... Read more...
Article by Christopher Pissarides The Need For Social Dialogue To Improve Distribution Eurofound stands for Improvement of Living and Working Conditions through social dialogue. Currently, in the midst of high unemploy... Read more...
23 June 2014
Henry Overman, a London School of Economics professor who authored the report, has continued to lobby for ''agglomeration'' of big northern cities. Prof Overman said recently that reducing travel time between Leeds and M... Read more...
As Prof Paul Cheshire points out in London School of Economics journal Centrepiece, more of the county of Surrey is devoted to golf courses than houses. Just 10 per cent of England is built up, and gardens cover nearly h... Read more...
19 June 2014
For the market to maintain the flexibility that is needed, the matching of workers to jobs should be as efficient as possible. Government, business and the education sector need to do more to make this happen. It is faci... Read more...
17 June 2014
Stephen Stone, chief executive officer of Crest Nicholson Holdings Plc and Paul Cheshire, professor of economic geography at London School of Economics, discuss U.K. property prices, planning laws and building on green-b... Read more...
...errores Uno de los analistas economicos mas acreditados, el catedratico de la London School of Economics, Luis Garicano, autor de un certero diagnostico reciente sobre la coyuntura de este pais... Spain and the ri... Read more...
Abgesehen davon gibt es generelle MaBnahmen, die sowohl den Einwanderern, als auch den Einheimischen selbst zugute kommen. Richard Layard wirbt beispielsweise für eine fortschrittliche Steuerpolitik, um die wirtschaftli... Read more...
16 June 2014
According to Professor Paul Cheshire, you could build 1.6 million homes at average densities if just a fraction of that greenbelt space, much of it riding schools and golf courses, were reclassified. This article was... Read more...
In a keynote paper to last week's Modelling World conference, Henry Overman said much greater discipline needed to be imposed on the claims made by policy-makers about transport investment's impact on the economy. ... Read more...
13 June 2014
A debate on why Britain is failing to build enough homes and how best to fix the problem which was held at LSE. Speakers included Paul Cheshire. This programme was first broadcast on BBC Radio 4 on June 11, 2014 Link... Read more...
11 June 2014
Autism costs the US and UK economies $175bn (£104bn) and £32bn a year respectively, more than any other medical condition and greater than the cost of cancer, strokes and heart disease combined, according to ... Read more...
09 June 2014
Paul Cheshire talks about the housing crisis. The interview was broadcast by BBC Radio 4 on the World at One show on June 6, 2014 Link to programme here Also on: Heart Northampton B... Read more...
06 June 2014
Com'è la giornata tipo di un manager nel mondo? Quante ore lavora e cosa fa in quelle ore? Uno studio su amministratori delegati europei, americani, indiani e brasiliani condotto da Raffaella Sadun (che insegna Bu... Read more...
03 June 2014
THE UK housing market needs Help to Supply, not Help to Buy. The government's housing scheme has helped first-time buyers get a leg-up onto the property ladder, but that privilege has come at a price - with house prices... Read more...
21 May 2014
Paul Cheshire discusses need for more housing on greenbelts. This interview was broadcast by BBC Berkshire on May 14, 2014 No link available. Related publications Turning houses into gold: the failure of Britis... Read more...
14 May 2014
The high prices reflect that people want to live in Australia, according to John Van Reenen, the director of the centre for economic performance at the London School of Economics. 'However, as the commodity boom and Chin... Read more...
12 May 2014
In the long run, the answer to Britain's out-of-kilter housing market is an increase in the supply of homes. Paul Cheshire, an academic at the London School of Economics, says there has been a slowdown in the number of n... Read more...
11 May 2014
Nipping it in the bud too soon, despite justifiable concerns about house prices in some areas, could backfire. Professor Paul Cheshire, in a spirited piece for the London School of Economics' CentrePiece magazine, estima... Read more...
Green belt polices that aim to keep ''the urban unwashed out of the Home Counties'' are causing a housing affordability crisis, according to a London School of Economics (LSE) professor. Britain's booming house prices ha... Read more...
02 May 2014
A new report by the charity and the London School of Economics claims that over two to five years, investment in early detection services could save the NHS £50 million a year. ''Too much'' of the current budget to... Read more...
10 April 2014
Large windfarms can knock as much as 12 percent off the values of homes within a 2km radius, and reduce property prices as far as 14km away, according to research by the London School of Economics. The findings contrast ... Read more...
08 April 2014
An online network aims to bring policymakers together with academics studying higher education, potentially stimulating new research on neglected areas such as the effectiveness of access spending. The ''Economics of Hig... Read more...
21 November 2013
The last government's happiness tsar, LSE economist Richard Layard, recommended cognitive behavioural therapy to reduce the cost to the NHS of depression. Where do you stand on happiness-enhancing CBT? ''Playing games ca... Read more...
09 November 2013
According to the UK Centre for Economic Performance, mental illness accounts for nearly half of all ill health in the under 65s. But this begs the question: what is mental illness? How can we judge whether our thoughts a... Read more...
15 May 2013
This post by Richard Layard is part of a series produced by The Huffington Post, the University of Wisconsin-Madison's Center for Investigating Healthy Minds and the Global Health Institute in conjunction with the Change... Read more...
13 May 2013
In addition, my research with John Van Reenen of the London School of Economics shows that JVs (joint ventures) are 23% more productive on average than other firms. Those which had a technology transfer agreement that di... Read more...
01 May 2013
Two years ago George Osborne, chancellor, wished that a 'march of the makers' would help to lift the UK economy. But as the stagnation continues, there is little sign of an industrial revival. Professor John Van Reenen, ... Read more...
18 April 2013
Today's British economy is the legacy of Margaret Thatcher. The governments that succeeded her did not change the broad lines of her policies. John Major privatised the railways. Labour lightly regulated the City of Lond... Read more...
11 April 2013
Article by John Van Reenen Margaret Thatcher's economic legacy lives on. This column provides a markedly balanced assessment of her mistakes and achievements. Most pressingly, Thatcherism left the UK failing to properly... Read more...
John Van Reenen analyses the economic legacy of Margaret Thatcher. In the late 1970s, when the UK was behind other developed nations in terms of material wellbeing, her supply side policies spurred economic revival. Ther... Read more...
10 April 2013
The consensus in 2000 of a team of American, British and Canadian scholars working under the auspices of America’s National Bureau of Economic Research, and Britain’s Centre for Economic Performance and its Institut... Read more...
09 April 2013
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said: "The changes [under Thatcher] helped shift Britain from a century of relative decline to three decades where we c... Read more...
08 April 2013
Margaret Thatcher's demolition of the trade unions in the 1980s has helped to keep Britons in work through the latest financial crisis, leading economists suggested yesterday...Economists have been baffled by the conundr... Read more...
06 April 2013
In a blog, Jonathan Portes writes, NIESR has just published research estimating the economic impact of immediate versus delayed fiscal consolidation in the UK. The research was undertaken by Dawn Holland (NIESR), John Va... Read more...
03 August 2012
Organised by British Governement@ LSE and LSE London, this event forms part of the LSE Hot Topics series. House prices in Britain remain exceptionally high. We urgently need more housing, but where should we build it? C... Read more...
26 June 2012
Public Lecture - Enough: Policies for a sustainable economy On Thursday 14 June, the LSE Department of Geography and the Environment will host a public lecture by Professor Diane Coyle on "Enough: policies for a susta... Read more...
29 May 2012
Tim Leunig of the London School of Economics says the U.S. is simply the best of a bad lot. The American economy is growing. It's certainly growing much faster than almost everywhere in Europe. So America has the grea... Read more...
05 December 2011
CEP has produced rigorous research evidence on the impact of hospital competition, pay regulation and management performance on quality, productivity and equity in the NHS. Policy needs to be informed by evidence. Below ... Read more...
13 June 2011
Since 1997, the Labour government has spent considerable sums trying to narrow the gap between poor areas - neighbourhoods, cities and regions - and the rest. The latest CEP Election Analysis from the Centre for Economic... Read more...
26 April 2010
Earlier this week Paul Cheshire, a professor of economic geography at the London School of Economics, gave a starker warning. He said: “We are due a significant correction in house prices. I think we are... Read more...
05 July 2005