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Richard Layard writes that Labour must apply the wellbeing-to-cost test to every departmental proposal in the spending review. ... Read more...
03 September 2024
Spending extra cash on mental health services would boost economic growth and improve the nation’s wellbeing more than building new roads, according to an academic analysis from the London School of Economics. Rich... Read more...
Forcing workers to retire later would free up funding for policing and mental health services and "reduce misery" in Britain, a report co-authored by Richard Layard and published by the London School of Economics has sai... Read more...
A well-trained workforce is essential to the economy, but a shortage of alternatives to university means Britain's young people are falling behind. Lord Richard Layard talks about a fundamental injustice in Britain's edu... Read more...
20 August 2024
John Van Reenen, an innovation expert and former Downing Street policy adviser under Tony Blair’s New Labour government, will head the body, which is expected to sit within the heart of the Treasury. Sources close ... Read more...
11 July 2024
From ending zero-hours contracts to boosting benefits, Britain's new government wants to shift power back to staff. Stephen Machin, Alan Manning and Jonathan Wadsworth explain how the power balance stands now. ... Read more...
07 July 2024
Keir Starmer says the party ‘always invests in public services’ but declines to rule out real-terms reductions in spending ... Read more...
04 December 2023
Radical shift in policy is needed to close gap with peer countries, says research by two think-tanks. ... Read more...
Britain’s stagnant economy has cost workers more than £10,000 a year in lost wages, according to a think tank that warned the UK will remain stuck in a low growth trap without radical reform. The Resolution F... Read more...
Poor productivity growth has resulted in the UK becoming the most unequal country among rich European societies, according to a report produced by the Resolution Foundation, the Nuffield Foundation and the Centre for Eco... Read more...
Trade has been hit by Brexit, while the number in poverty has risen sharply in a country ill-prepared for the future. A new report, "Ending Stagnation", pieced together from original research by the Resolution Foundation... Read more...
The Economy 2030 Inquiry has been examining the scale and impact of recent economic change in the UK, and will set out a new economy strategy to tackle the twin challenges of low growth and high inequality in its final r... Read more...
20 November 2023
The Economy 2030 Inquiry examines the scale and impact of economic change that the UK is living through in the 2020s, and will set out a plan for successfully navigating this change. For the past two years, resear... Read more...
19 May 2023
The Economy 2030 Inquiry is examining the scale and impact of economic change that the UK is living through in the 2020s, and will set out a plan for successfully navigating it. For the past 18 months, researchers from ... Read more...
30 November 2022
Liz Truss and Kwasi Kwarteng don’t seem to know how to go about it. Here are a few starting points. ... Read more...
07 October 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
Brexit has damaged Britain's competitiveness, will reduce productivity and leave the average worker poorer than they otherwise would have been, according to a new study from the Resolution Foundation and LSE's Centre for... Read more...
22 June 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...
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...
The Economy 2030 Inquiry is examining the scale and impact of economic change that the UK is living through in the 2020s, and will set out a plan for successfully navigating it. For the past year, researchers from the R... Read more...
30 May 2022
The pace of change in the UK jobs market has slowed to its lowest level in decades and, even the disruption of the pandemic, has been a far cry from the upheaval of the 1980s, according to research by the Resolution Foun... Read more...
06 January 2022
Moving to a new employer offers a greater salary increase than staying put - and workers who resign to take up work in booming sectors stand to gain even more, according to research from the Resolution Foundation think t... Read more...
Joint research from the Centre for Economic Performance and the Resolution Foundation suggests that financial officers expect the amount of workers moving from shrinking to growing companies will spe... Read more...
20 November 2021
It is six months since the launch of The Economy 2030 inquiry – a two-year project that will examine the scale and impact of economic change that the UK is living through in the 2020s, and set out a plan... Read more...
19 November 2021
Findings from the Resolution Foundation and the Centre for Economic Performance challenge the government’s view that levelling up poorly performing companies or poorer regions will raise productivit... Read more...
15 November 2021
The Resolution Foundation and Centre for Economic Performance of the London School of Economics launch an important inquiry, analysing how the country must grapple with recovery from Covid-19, the af... Read more...
31 May 2021
The 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...
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06 March 2019
Congratulations to Kilian Huber, Economics PhD and Job market candidate, who is among the Winners of the AQR Top Finance Graduate 2018 Award at the Copenhagen Business School! The award recognizes the mo... Read more...
03 June 2018
Congratulations to Professor Daniel Sturm and his co-authors Dr Gabriel Ahlfeldt, Professor Steve Redding, and Professor Nikolaus Wolf for being awarded the 2018 Frisch Medal... Read more...
24 May 2018
Last year, the government appointed Sir David Metcalf to a newly created post: director of labour market enforcement. He published his first strategy last week, devoting a page to Leicester’s garment sec... Read more...
17 May 2018
Economists Jeffrey Sachs, John Helliwell and Richard Layard pointed out several factors that affect the well-being of citizens, including GDP per capita, life expectancy, corruption and social support. However... Read more...
16 May 2018
Finland, a perennial chart-topper on global rankings of well-being and prosperity, has just been named the world’s happiest country in the World Happiness Report. Finns are not happy about the news. &hel... Read more...
14 May 2018
Companies whose suppliers fail to pay the minimum wage or curb holiday pay could be named and shamed under a new regime proposed by the government’s workers’ rights tsar. In his first annual full s... Read more...
09 May 2018
Firms which exploit staff could face higher financial penalties and increased risk of prosecution under recommendations to the government. A report by a government-backed body has made 37 recommendations in... Read more...
08 May 2018
This study is an initiative of the Network of Solutions for Sustainable Development of the United Nations. The research was conducted by John Helliwell, researcher and professor at the Vancouver School of Econ... Read more...
26 March 2018
The United Nations "sustainable development solutions" have been published every year since 2012. Each year, the "World Happiness Report" rankings are announced. The 2018 ranking announced ... Read more...
21 March 2018
The report, produced by the United Nations SDSN network and the Ernesto Illy Foundation, is edited by prof. John F. Helliwell (University of British Columbia and Canadian Advanced Research Institute), by prof.... Read more...
20 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...
Meanwhile, ever-more think tank-like units are rolling out of universities—such as the LSE’s Centre for Economic Performance and the UK in a Changing Europe, which is co-ordinated through King&rsqu... Read more...
19 March 2018
Miami – World Happiness Summit 2018 welcomed peope from over 35 countries and 43 US states to the campus of the University of Miami yesterday….The three-day event opened with lakeside yoga at dawn... Read more...
17 March 2018
The UN’s 2018 Happiness Report shows that Israel is the eleventh-happiest country in the world, surpassing the United States and the UK. Related publications World Happiness Report 2018, John F. He... Read more...
16 March 2018
The World Happiness Report 2018, ranks 156 countries by their happiness levels, and 117 countries by the happiness of their immigrants. This year, Singapore is ranked 34th, a drop from 2017's ranking of 26... Read more...
Happy are the people of the Nordic nations — happier, in fact, than anyone else in the world. And the overall happiness of a country is almost identical to the happiness of its immigrants. Those are the ... Read more...
14 March 2018
A London School of Economics report in June showed that Britain was one of just three out of 28 countries that saw wages fall in real terms between 2007 and 2015. The only country where wages fell more... Read more...
09 August 2017
Private sector workers too have seen a significant drop in real term wages in recent years, with an LSE study estimating an effective 10% decrease since the financial crisis to 2015. ... Read more...
07 August 2017
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...
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
…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
Telford will be among the UK towns least-affected by a hard Brexit, a report claims – although economists today denied its suggestion that a lack of skills in the town will cushion the blow. Researche... Read more...
28 July 2017
27 July 2017
In the days since the fire, Grenfell Tower has been held up as a tragic symbol of the social ills facing Britain: a detached political class; nearly seven years of a government-led austerity program that has s... Read more...
23 June 2017
Theresa May and the Tories’ ‘wage pain’ is leaving millions of people struggling to make ends meet warned Britain’s largest union, Unite as official figures out today (Wednesday 14 June... Read more...
14 June 2017
Snippet: ... Analysis from the London School of Economics shows that constituents with more young voters experienced marked increases in turnout compared to the 2015 election. Similar analysis has shown that t... Read more...
But this election turned out to be much more than Brexit. “Economics is as much about humanity as policy”. Professor Swati Dhingra of the London School of Economics, in her article Salvaging Brexit... Read more...
13 June 2017
Article by Thiemo Fetzer That the Labour party got 40% of the vote – against all odds – is being attributed to a higher turnout among young voters. Thiemo Fetzer‘s analysis finds that olde... Read more...
11 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
Snippet: ...ana. “Without a strong mandate, Europe can ignore the UK’s demands. Even the UK’s threat to pull out of negotiations will now appear hollow and lacking the support of the British ... Read more...
09 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...
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...
06 June 2017
According to a London School of Economics (LSE) paper, Brits were the worst off when it came to their real wages, with pay falling by more than five percent between 2007 and 2015. Researchers for the presti... Read more...
05 June 2017
The UK has suffered the biggest drop in average real wages of any OECD country except depression-wracked Greece, according to a pre-general election analysis published by the London School of Economi... 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
Bank of England Monetary Policy Committee claims that nominal wage growth will return close to 4% by 2019 are "rather implausible and over-optimistic", according to two respected academics at the Cen... Read more...
The parties all recognised funding shortfalls, rising costs, demographic pressures, increased expectations, and changes in health technology and medical practice, the London School of Economics Centre for Econ... Read more...
25 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...
17 May 2017
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
17:20:17 Professor Martin Knapp comments on money for social care in the budget Also on: BBC Wiltshire ... Read more...
09 March 2017
19:00:01 Snippet: ...Martin Knapp discusses the Chancellor’s plans to put an extra £2 billion towards England’s social care systems. Click to open Also on BBC Radio 4, BBC Foyle, BBC... Read more...
08 March 2017
Trails for the Chancellor’s budget speech on Wednesday promise big new plans for technical education in England. Professor Sandra McNally of the Centre for Vocational Education Research (C... Read more...
06 March 2017
Professor Paul Charles Cheshire. Economist. For services to Economics and Housing. (London) Professor John Van Reenen. Economist. For services to Economics and Public Policy Making. (Abroad) ... Read more...
31 December 2016
Paul Cheshire, Emeritus Professor of Economic Geography, was awarded a CBE for Services to Economics and Housing. In 2004 Professor Cheshire won the Royal Economic Society's Prize for the best paper in ... Read more...
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...
Brexit and the uncertainties surrounding it present an unprecedented challenge, writes Anna Valero In his first Autumn Statement (and last – since he has decided to abolish them in favour of an annua... Read more...
24 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...
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...
16 November 2016
So we've decided to take a leap and vote to leave the EU. What is it going to mean for you and your money? We've voted. The decision has been made. We're out of the European Union, in a move that has triggered the Pri... Read more...
24 June 2016
Swati Dhingra, Assistant Professor of Economics at the London School of Economics and Political Science and Senior Lecturer with the Trade Programme at the Centre for Economic Performance (LSE), is among the final shortl... Read more...
07 April 2016
The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer sk... Read more...
26 March 2016
''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
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
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...
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
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...
21 September 2015
Nobel Prize winning economist Christopher Pissarides of the London School of Economics said Greece still ... This article was published online by The National Herald on September 10, 2015 Link to article here [subsc... Read more...
10 September 2015
A large body of empirical evidence suggests either that reasonable minimum wages do not destroy jobs at all, or that they do not destroy very many. The evidence is, of course, mixed and contested. Much of it comes from t... Read more...
10 July 2015
Article by John Van Reenen The most eye-catching announcement in today's budget was the National Living Wage. Now, this might be nothing more than a big hike in the minimum wage, but such increases can be beneficial. ... Read more...
09 July 2015
Article by John Van Reenen Yesterday, George Osborne delivered the new government's first budget in which he surprised many by hiking the minimum wage significantly. John Van Reenen reviews the measures introduced, wr... Read more...
In the freedom to make life choices, too, India performs poorly. There are many inherent inhibitions in this freedom, mainly for women. Richard Layard, director of the Wellbeing Programme at the London School of Economi... Read more...
05 June 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
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...
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...
27 April 2015
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
In a significant repositioning of Labour's views on immigration, Ed Miliband on Saturday pledged a series of measures to control immigration if his party is voted to power. Jonathan Wadsworth of the London School of... Read more...
19 April 2015
A recent study from the Centre for Economic Performance has measured the impact on the UK economy of leaving the EU, which as the second chart shows is still the UK’s biggest trading partner. The study conclu... 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...
If Britain's top economists were in charge, what policies would they implement? Tim Harford sets the challenge. "Low productivity is the number one problem Britain faces" says Van Reenen. "Even before the crisis, it l... Read more...
Article by Sandra McNally The Conservative Party manifesto makes the following commitments in the area of school-age education: •A good primary school place for your child with zero tolerance for failure. •... Read more...
16 April 2015
A Labour/SNP coalition would mean massive tax increases for higher earners, big companies, banks and others. A fascinating paper by Alan Manning, published by the London School of Economics’ Centre for Economic ... Read more...
On paper, the Conservatives should reap dividends from a sharp recovery in Britain's economy which outpaced the world's other big, rich nations last year. Employment has surged, including in the West Midlands wher... Read more...
Article by Claudia Hupkau The Conversation's Manifesto Check deploys academic expertise to scrutinise the parties' plans. The Liberal Democrats have announced their vision for skills policy over the next parliament in ... Read more...
15 April 2015
Article by 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...
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...
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...
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 story of the first coalition government in Britain since the second world war is the story of austerity and thwarted deficit reduction plans. It is the story of a delayed economic recovery. It is the story of falling... Read more...
15 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
Blog article posted by John Van Reenen George Osborne's Autumn Statement was a reminder of the government's missed targets and missed opportunities, writes John Van Reenen. The Chancellor's promise to eliminate the stru... Read more...
03 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...
The process of invention has long been a cumulative one, in which incremental advances are made on previous innovations. Cites CEP Discussion Paper No1205 (updated June 2014) by Alberto Galasso and Mark Schankerman on... Read more...
25 July 2014
Wien - Was bringt Kommunikation? Wenn neue Technologien zu einer Flut und Schnelligkeit von Information fuhren, was haben Unternehmen und Konsumenten davon? Die Frage ist in Zeiten von Internet und Big Data aktueller den... Read more...
18 May 2014
New research reports from the Centre for Economic Performance (CEP) at the London School of Economics are highlighted in the Spring 2014 issue of CentrePiece magazine. Social housing: Natives and immigrants... Read more...
08 May 2014
Reflecting on yesterday's budget, John Van Reenen argues that an opportunity was missed. While there were good things in the budget, the 1p off a pint of beer was symbolic. This was a budget in which little changed and... Read more...
21 March 2013
These phenomena have helped to change the pattern of inequality since the turn of the century, says Steve Machin, research director at the London School of Economics' Centre for Economic Performance. During the 1980s and... Read more...
20 March 2013
Budget 2013: Economists pass judgment CEP's Director of Research, Professor Stephen Machin, gives his views on the chancellor's 2013 budget... "The chancellor pitched the Budget as one for hard-working people w... Read more...
Professor John Van Reenen interviewed by the BBC on the eve of the next Budget announcement by George Osborne. The interview was broadcast by the BBC Business News site on March 19, 2013 Link to interview here Rel... Read more...
19 March 2013
In advance of Budget Day John Van Reenen highlights a range of chronic weaknesses which are holding back the UK economy, with infrastructure and associated policy uncertainty a particular problem. He calls for a new arch... Read more...
18 March 2013
"It's like one of those horror movies - you think the recession is dead, and then it pops up again." John Van Reenen is feeling frustrated. The head of the LSE's Centre for Economic Performance believes his voice is jus... Read more...
The Chancellor delivered his third budget yesterday. CEP Director Professor John Van Reenen gives his initial reaction. There were some positive steps such as the extension of personal allowances, but the Budget had a... Read more...
22 March 2012