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MIT's Simon Johnson sits down with fellow Nobel laureate economist Philippe Aghion to examine what ails Europe and how to revive its dynamism. ... Read more...
10 June 2026
Peter Lambert and Yannick Schindler's research into reasons for a fall in entry-level hiring, shows the drop off began after Covid and before AI, John Burn-Murdoch discusses their findings in his Data Points column. ... Read more...
29 May 2026
Congratulations to Dennis Novy, professor of economics at the University of Warwick and research associate in CEP's trade programme, who has been appointed as chief economist and director of analysis at the Foreign, Comm... Read more...
03 October 2025
Jonathan Haskell and Matthew J Slaughter write for Foreign Affairs about Trump's tariffs and the prices of economic uncertainty. ... Read more...
10 June 2025
Thomas Sampson speaks to presenter Tim Harford about the US tariffs on global trade that were announced by president Donald Trump on 2 April 2025 ... Read more...
04 April 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
Research from the Centre for Economic Performance, a think tank based at the London School of Economics, said Brexit led to a 6.4 per cent drop in the UK's global exports. ... Read more...
18 December 2024
Brexit has hit UK trade less than many forecasters predicted thanks to larger companies adapting to red tape at the border, according to research by the London School of Economics. Researchers estimated UK worldwide good... Read more...
The damage from Brexit to trade links with the EU cost the UK £27bn in the first two years, but the overall impact was more limited than forecasters first estimated, according to the most comprehensive review of th... Read more...
Thomas Sampson discusses how UK growth in goods exports and imports has been "the weakest in the G7", which has "contributed to the ongoing stagnation of the UK economy". ... Read more...
01 February 2024
Congratulations to Saul Estrin, emeritus professor of managerial economics and strategy at LSE and associate in CEP’s growth programme, who has been elected as a new Fellow of the British Academy. He is amon... Read more...
27 July 2023
Researchers from the Centre for Economic Performance show that Brexit is responsible for a third of UK food price inflation since 2019 - regulatory, sanitary and other border checks added almost £7 billion to total... Read more...
24 May 2023
Researchers from the Centre for Economic Performance, from the London School of Economics, estimate that extra barriers on EU food imports have pushed up bills by £250 on average since Brexit. ... Read more...
Alan Manning, the UK government's former immigration advisor, considers whether Britain's post-Brexit migrant strategy has worked. ... Read more...
08 March 2023
Richard Partington interviews Swati Dhingra on the future of Britain's economy, as she elaborates on the lengthy and painful recession facing the UK. ... Read more...
03 December 2022
Brexit has cost UK households more than £5.8bn in higher food bills, according to new research linking Britain’s exit from the EU to soaring inflation. Leaving the bloc has added an average of £210 to B... Read more...
01 December 2022
Brexit added almost £6bn to UK food bills in the two years to the end of 2021, affecting poorest households the most, research from the London School of Economics (LSE) found. ... Read more...
Researchers at the LSE's Centre for Economic Performance (CEP) looked at data tracking the flow of trade and prices of food products between the UK and the European Union (EU) to work out how shoppers were being affected... Read more...
The UK debate around Brexit is shifting in light of new data showing the consequences of leaving the EU. Economists have reached a consensus: Brexit has significantly worsened the country’s economic performance. In... Read more...
30 November 2022
Economists from the LSE Centre for Economic Performance found that the UK’s departure from the EU caused a 6 per cent increase in British food prices. ... Read more...
20 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
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...
Thomas Sampson, an associate professor of economics at the London School of Economics who has modelled the effects of Brexit on UK trade, said there was no economic basis for the assertion that cutting EU regulation woul... Read more...
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
Researchers from the London School of Economics’ Centre for Economic Performance find that a “clear and robust impact of Brexit-induced trade frictions” had led to an increase in prices. ... Read more...
27 April 2022
Researchers find Brexit’s impacts on trade were only felt once the Trade and Cooperation Agreement kicked in, rather than steadily since the referendum. ... Read more...
26 April 2022
LSE finds one-third decline in trading relationships under Boris Johnson’s deal – which has hit small firms hardest. ... Read more...
Findings from the LSE's Centre for Economic Performance chime with warnings from business groups: that smaller firms have struggled to absorb customs controls, VAT and regulatory red tape, with many quitting exporting al... Read more...
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
Jonathan Haskel and Stain Westlake explain why the UK government's focus on funding overlooks many levers for innovation policy. ... Read more...
30 March 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...
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
Lee Elliot Major talks about the implementation of the National Tutoring Programme and the need to support disadvantaged children in post-pandemic recovery plans. ... Read more...
06 October 2021
Swati Dhingra speaks to the Telegraph about the impact of Covid-19 on attempts to overcome poverty in India, describing how many lower and middle urban workers are having to borrow money to make up for a ... Read more...
24 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
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...
Study by Josh De Lyon and Swati Dhingra finds higher prices and reduced competitiveness due to EU withdrawal. ... Read more...
06 May 2021
Report by Josh De Lyon and Swati Dhingra finds almost two thirds of businesses have suffered from new EU import and export rules, while one in five companies have found it tougher to trade with ... Read more...
Warnings of widespread business failure comes in an analysis by the John Van Reenen and Peter Lambert, using the latest Business Insights and Impact survey. ... Read more...
04 May 2021
Thomas Sampson, associate economics professor at the London School of Economics, has predicted a 36 per cent fall in exports to the EU over the next decade. He said it was too early to claim that economists... Read more...
13 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
In a recent working paper, Chad Bown, Paola Conconi, Aksel Erbahar and Lorenzo Trimarchi calculate the higher cost of imported inputs caused by those tariffs leveled at China caused the U.S. economy to create ... Read more...
08 February 2021
Study into trade concludes that the costs of Scottish independence would be two to three times greater than the impact from Brexit, and that joining the European Union would do little to offset that cost. ... Read more...
03 February 2021
Trade barriers with the rest of the UK would deal a hit to the Scottish economy far greater than Brexit, warns report by Hanwei Huang, Thomas Sampson and Patrick Schneider. ... Read more...
Study by Hanwei Huang, Thomas Sampson and Patrick Schneider concludes independence would hit the Scottish economy harder than Brexit because Scotland’s trade with the rest of the UK is around f... Read more...
Academics from the LSE’s Centre for Economic Performance say the economic costs of independence are two or three times greater than Brexit due to the volume of Scotland’s trade with the rest of the... Read more...
Independence from the UK would cost Scotland’s economy up to three times as much in lost trade as Brexit will, according to analysis by the London School of Economics’ Centre for Economic Performan... Read more...
Independence would damage Scotland’s economy and leave the country “considerably poorer” than staying inside the UK, according to a study by economists Hanwei Huang, Thomas Sampson ... Read more...
Economists say impact of leaving UK’s common market would hit two to three times as hard as leaving EU. ... Read more...
Research by Thomas Sampson suggests UK exports to the EU may fall by over a third, and income per capita is forecast to fall by 6 per cent – just 2 per cent less than under a no-deal departure. ... 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
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
Two Centre for Economic Performance (CEP) associates are members of a new expert trade panel set up to support UK trade negotiations. The Department for International Trade (DIT) has said that Professor Tony Venables, B... Read more...
30 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
Sectors unscathed from coronavirus crisis face being severely affected by Brexit, finds a report from Dr Swati Dhingra and Josh De Lyon. ... Read more...
28 July 2020
Interview with Swati Dhingra - industries that have weathered Covid could be hit by Brexit. ... Read more...
14 July 2020
In India, the pandemic reportedly tripled the unemployment rate in just three weeks, and the vast majority of those newly unemployed worked were in the informal sector. The government respo... Read more...
Real-time survey data shows that 50% of companies had a lower volume of business in April, and the situation is expected to get worse over the next three months, write Swati Dhingra and Josh De Lyon. ... Read more...
07 May 2020
05 May 2020
School closures during the coronavirus lockdown could leave disadvantaged children six months behind their peers, researchers find. ... Read more...
29 April 2020
Trade recovered quickly after 2008 because the collapse wasn't long enough for firms to dismantle their portfolios, writes Giordano Mion. ... Read more...
How hoax information on social media about covid-19 might be worsening the pandemic. ... Read more...
24 April 2020
This paper looks at the effects of changing teachers on children's GCSE grades. Published 2018. ... Read more...
17 April 2020
Research showing that when people are forced to change their behaviour, some find a better way of doing things. Published 2015. ... Read more...
An investigation of the determinants of trade collapse in Belgium in 2008-09. The paper highlights the extent to which firms factor in sunk costs. Published 2010. ... Read more...
Steve Gibbons and Sandra McNally review research on the causal effects of school resources on secondary education. ... 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
As part of the new system, the government is expected to drop plans for a salary threshold of £30,000 for applicants. The government immigration adviser, the Migration Advisory Committee, recommended las... Read more...
15 February 2020
Carrying out Brexit will not improve the UK's struggling economy but will usher in years more uncertainty about Britain's trading relationships, a new report has said. The hard Brexit that Prime Minister Boris J... Read more...
26 November 2019
Britain has become much less socially mobile in recent decades, especially in areas that voted for Brexit in 2016, according to a new report by the Centre for Economic Performance at the London School of Economics.... Read more...
21 November 2019
Political forecasting is a thankless task, especially so in today's Britain. Even still, it's worth looking at what may improve a particular party's chances in the 12 December election. One factor ... Read more...
05 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
Host Jeremy Hobson speaks with international trade expert Thomas Sampson of the London School of Economics about the potential long-term economic impacts of Brexit. The economic impact of Boris Johnson's Brexit proposa... Read more...
01 November 2019
A new research paper from the U.S. Federal Reserve Board suggests the record is not all negative - as you might actually expect, given that China's success in penetrating the U.S. market was not imposed on Americans but ... Read more...
31 October 2019
Thomas Sampson If Brexit is a divorce, then Northern Ireland is a child at the centre of a messy custody fight. The new Brexit deal seeks to solve the Irish border problem through joint custody. Whether Northern Ireland... Read more...
26 October 2019
The think tank, The UK in a Changing Europe, estimate that these effects will eventually reduce UK GDP per person by around 2.5 per cent, relative to what it would have been were we to stay in the EU. Less trade, however... Read more...
24 October 2019
Professor Jonathan Portes and Thomas Sampson, among the authors of the UK in a Changing Europe report, said that while the political declaration provided scope for a closer relationship with the EU than Johnson had first... Read more...
20 October 2019
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Dennis Novy, professor of economics at the University of Warwick, points out that the UK experienced a surge in inflation in 2016 after the Brexit referendum, which had drastically slumped the pound by around 10%, which ... Read more...
16 October 2019
In a report to be published today by the UK in a Changing Europe think tank, economists say that the prime minister's proposals are likely to end in a "Canada-minus" trade agreement less comprehensive than that between t... Read more...
13 October 2019
The Brexit deal that Boris Johnson, the prime minister, is seeking to strike with Brussels this week would push the UK down the route of a hard Brexit, resulting in the nation missing out on up to 7 per cent of growth, a... Read more...
Boris Johnson’s Brexit plan would leave knock up to £50bn off the economy and leave everyone in the UK £2,000 worse off, new analysis has found. The Academic think-tank The UK in a Changing Europe sa... Read more...
The Office for National Statistics (ONS) releases its Pink and Blue Books on the balance of payments at the end of October (interestingly the date is later than usual and coincides with the current Brexit departure date)... Read more...
04 October 2019
Meanwhile, some studies suggest that research productivity is slowing down, so that it takes more scientists to glean each new insight across a variety of fields. Fighting this slowdown is a worthy goal, but a difficult... Read more...
03 October 2019
Some commentators argue that globalisation is systematically connected to the real-wage and productivity stagnation seen across the developed world. This column analyses the relationship between international trade and w... Read more...
01 October 2019
In a context made even more complicated by the situation in Ireland, the economists of the Center for Economic Performance of the LSE underline that the Brexiters also neglect the economic benefits of integration in the ... Read more...
25 September 2019
Another, Swati Dhingra, lecturer in economics at the London School of Economics, said that since the EU referendum, "the number of foreign investments and expansions… are showing disconcerting reductions."... Read more...
23 September 2019
Prof Stephen Machin, at the London School of Economics, says on the decline in membership: "It is not because of getting rid of unions where they are already in place, it is actually the failure to organise new workplace... Read more...
22 September 2019
Prof Stephen Machin at the London School of Economics says on the decline in membership: "It is not because of getting rid of unions where they are already in place, it is actually the failure to organise new workplaces.... Read more...
21 September 2019
2019 winner: Sara Signorelli (Paris School of Economics) Do skilled migrants compete with native workers? Analysis of a selective immigration policy ... Read more...
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
Ignore for a moment, the horrendous costs involved in this wholesale re-direction of human work. The question is which jobs are most at risk in which sectors. According to MIT economist David Autor, automation will subst... Read more...
19 September 2019
On Brexit and the potential future trading options for the UK and the EU27. This interview was part of a larger piece for the 6 o'clock news programme. ... Read more...
17 September 2019
The winners of the 2019 WTO Essay Award for Young Economists are Jan Bakker of Oxford University and Federico Huneeus of Princeton University, who were ranked in equal first place by the Selection Panel. They will share ... Read more...
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
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
Although the short-term impact of a no-deal Brexit could be relatively benign, leaving without a deal would prove costly in the long term, a new paper by the UK in a Changing Europe and the London School of Economics' Ce... Read more...
04 September 2019
Research published by the London School of Economics estimated that the spike in inflation that followed the 2016 referendum was costing the average household £7.74 a week - a figure equivalent to £404 a year... Read more...
03 September 2019
Just 41 percent of all 30-year-olds earned more in 2017 than their parents did when they were the same age. Two decades earlier, the proportion had been two-thirds higher: in 1995, 69 percent of the age group were better... Read more...
02 September 2019
LONDON (MNI) - The Bank of England risks substantially underestimating the upward inflationary pressure from sterling's depreciation due its practice of using trade weights to assess the impact of currency movements, a s... Read more...
30 August 2019
QUEST: John Van Reenen is professor of economics at MIT, he says a no-deal Brexit is a battle for the soul of Britain. Why? JOHN VAN REENEN, PROFESSOR OF ECONOMICS, MIT: It's about the soul of Britain. I think today, Bo... Read more...
28 August 2019
Britain is lurching towards an economic, political and moral disaster, writes John Van Reenen.... Read more...
26 August 2019
By Barbara Petrongolo, Felix Koenig, and John Van Reenen Policy makers have long been concerned with helping people on disability benefits find some employment as this group has grown dramatically in recent decades. In ... Read more...
24 August 2019
A large increase in US consumers' purchasing power compensated for trade-related job losses, write <b?Xavier Jaravel and Erick Sager. This blog post appeared first on the LSE USA blog. It's based on 'What are the Pric... Read more...
20 August 2019
19 August 2019
A report commissioned by dairy giant Arla and published last year by the London School of Economics makes for sobering reading. In a press release accompanying the release of the report, the MD of the company that commis... Read more...
16 August 2019
As Brexit nears (again), are British firms choosing to invest in the UK or in other European markets? Are European firms investing in the UK to preserve access to its markets? And has "global Britain" got off the drawing... Read more...
When China joined the World Trade Organization in 2001, exports to the US market surged. In new research Xavier Jaravel and Erick Sager find that the rise of lower priced Chinese imports also helped to reduce prices of U... Read more...
14 August 2019
The research by Nick Powdthavee, of Warwick Business School, Anke Plagnol, of City University London, Andrew Clark, of Paris School of Economics, and Paul Frijters, of the London School of Economics, also found that repo... Read more...
01 August 2019
"But all UK households lose from a depreciation that pushes up the cost of imported goods, raising prices in the shops and eroding the real value of their earnings and savings. Research published by the London School of ... Read more...
30 July 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
Write David Jacks, Dennis Novy Against the backdrop of new tariffs imposed by the Trump administration and retaliation from targeted countries, notably China, the trade wars of the 1930s have received renewed attention... 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
Last year research by academics at the LSE's Centre for Economic Performance found that phonics improved children's reading. Sandra McNally, one of the authors, notes that, whereas the boost faded with time for better-of... Read more...
18 July 2019
An evaluation by LSE's Centre of Economic Performance found "robust evidence" that the Healthy Minds curriculum improves physical health of participants. The report's authors, Grace Lordan, Associate Professor in Behavio... Read more...
However, at this point in time, even some economists want a change in focus. For example, Professor Lord Richard Layard, from the Centre for Economic Performance at the London School of Economics, recently proposed that ... Read more...
16 July 2019
CEPR Fellow Swati Dhingra, LSE, looks at what Brexit tells us about the contribution of globalisation to the productivity and wage stagnation we see across the developed world. Following the Brexit vote, sterling suffere... Read more...
09 July 2019
In a 2015 Centre for Economic Performance study in Britain, researchers found that a school smartphone ban improved the academic performance of students in the bottom quarter of the test group significantly (14%) in high... Read more...
04 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...
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
Reaffirming this idea, John Van Reenen, economist at MIT, explained that this division could point to a scenario in which the only one harmed is the global economy. "Given the assault of Trump and the growing band of 'st... Read more...
Thirdly, it is exporters who are being especially hard hit by Brexit uncertainty and it is these who tend to be more efficient than the average company. Brute maths, says Stanford University's Nick Bloom, means that this... Read more...
27 June 2019
The slide in sterling since the referendum has pushed up prices without doing much to boost UK exports, while wage growth has lagged behind inflation, the analysis has found. Authors cite estimates by the London School o... Read more...
25 June 2019
In this latest blog post, Steven McIntosh of University of Sheffield discusses CVER contributions to the recent Augar Review of Post-18 Education, and the findings that came out of that research. Individual Consequences... Read more...
Free trade is not necessarily efficient when larger, more productive firms can charge higher markups than smaller, less productive ones, write Antonella Nocco, Gianmarco Ottaviano and Matteo Salto. ... Read more...
24 June 2019
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
"One thing is really clear: There has got to be a reset in the world trading system," said Swati Dhingra, an economist at the London School of Economics. "It's all breaking at the seams at this point."... Read more...
21 June 2019
20 June 2019
A 2015 study by the London School of Economics found that banning phones could give low-achieving and low-income pupils an additional hour a week in school.... Read more...
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
MAC chairman Professor Alan Manning said: "Today's labour market is very different to the one we reviewed when the last SOL was published in 2013. "Unemployment is lower and employers in various industries are facing di... Read more...
14 June 2019
In sectors where import prices rose because of the drop in sterling, training and wages for workers fell, the paper said. That could have negative long-term implications for productivity, skills and living standards, iss... Read more...
11 June 2019
UK workers took a hit from the Brexit-related depreciation in the pound in the form of lower wages and training, according to an academic paper. In sectors where import prices rose because of the drop in sterling, train... Read more...
10 June 2019
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...
09 June 2019
It is harder to quantify the emotional impact of losing a plant where generations of the same families had worked for a century. From the beach, the idle works hulk over the skyline. Research by Sascha Becker, Thiemo Fet... 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
The US and the EU may be threatening each other with tariffs, but experts say the trade relationship is balanced. "I find it difficult to understand exactly what the basis is for the US administration's complaints on th... Read more...
04 June 2019
In a fascinating new paper, economists David S. Jacks and Dennis Novy argue that today's contentious trade disputes recall what happened during the Great Depression of the 1930s. Led by Britain and Germany, competing tra... Read more...
The unexpected result of the Brexit referendum, working through the rapid depreciation of sterling, has hurt British workers. Rui Costa, Swati Dhingra and Stephen Machin (LSE) show that the big drop in the value of the p... Read more...
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...
John van Reenen, a professor of economics at the Massachusetts Institute of Technology, told the Caijing reporter that economically, the rationality of the euro has never been proven. In response to the negative impact, ... Read more...
AUDIE CORNISH: One item on the docket for Trump's visit this week - negotiating a potential trade deal between the U.S. and the U.K. to go into effect after the U.K.'s expected departure from the European Union. The nego... Read more...
02 June 2019
In the letter to MAC chair Professor Alan Manning he makes clear he now wants the Committee "involved in the process". He says: "The Government is committed to engaging extensively over the course of this year before co... Read more...
21 May 2019
Dr Swati Dhingra, assistant professor at the London School of Economics, specialising in globalisation and industrial policy, says there's not enough trained staff to power it. "Compared to other creative or tech-based ... Read more...
20 May 2019
Snippet: ...have they can bring them into school was on was switched off and kept in lockers or somewhere safe and there's also an academic research Katie you're aware of which is linked to banning phones to better GCSE ... Read more...
19 May 2019
Snippet: ...school? According to this group of head teachers yes, they should be. The reason they make this argument is they think mobile phones are a complete distraction in school, and there has been evidence from a st... Read more...
18 May 2019
Snippet: ...nd the head teacher who bans mobile phones", adding: "Children in school should not be being distracted by their phones." Banning phones in schools delivers an average 6 per cent increase in test scores, acco... 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
Distance matters, big time. Moreover, it matters more now than it did a century ago. Thus, another study reveals that the negative effect of distance was larger between 1950 and 2000 than it had been between 1870 and 191... Read more...
16 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
12 May 2019
10 May 2019
09 May 2019
A comprehensive study undertaken by the Bertelmann Stiftung and University of Sussex examines the real impact of the EU Single Market on incomes. Economists Giordano Mion (University of Sussex) and Dominic Ponattu (Bert... Read more...
Since the referendum, self-reported British subjective wellbeing has stagnated, finds a study led by Georgios Kavetsos of Queen Mary University of London. Pro-Europeans are predictably upset, but even anti-Europeans saw ... Read more...
Brexit affects domestic firms, too. In January Barclays bank received legal approval to move €190bn ($213bn) of assets to Dublin, fearing no-deal. The London School of Economics recently found the Brexit vote had ca... Read more...
08 May 2019
07 May 2019
19 April 2019
17 April 2019
Researchers at the London School of Economics' Centre for Economic Performance found that the "subjective well-being," or happiness, of Britons has declined since the 2016 referendum regardless of a person's position on ... Read more...
15 April 2019
13 April 2019
12 April 2019
A widely cited 2015 paper from the London School of Economics and Political Science found "student performance in high stake exams significantly increases" if mobile phones are banned.... Read more...
10 April 2019
...roposed extensions to the official date for leaving Europe, the deadline is creeping closer.In this article, we take a look at how Brexit could impact your weekly shop. Less cheese (Image: Sunday Mirror) A report by ... Read more...
08 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...
"How unequal power relations can be, is shown by the example of Turkey, whose customs union with the EU has hitherto been limited to industrial products. If the EU lowers the industrial tariffs for a particular trading p... Read more...
One of the first major trade expansions in human history provides early evidence that trade promotes growth, write Jan David Bakker, Stephan Maurer, Jorn-Steffen Pischke and Ferdinand Rauch. ... Read more...
The value of the British pound is ten percent lower than in 2016. A study by the Center for Economic Performance estimated that increased inflation had cost an average household an estimated weekly wage all the first yea... Read more...
How has voting to leave the EU affected the UK's economy? The difficulty in answering this question is that we do not know what would have happened to the economy if Remain had won. Consequently, researchers look for way... Read more...
02 April 2019
Snippet: ...according to a study by the London School of Economics British companies have delivered almost 11 billion dollars worth of new investment away from Britain through the EU since the Brexit vote so UK firms hik... Read more...
01 April 2019
And the mood of the British is deeply affected. "The level of post-referendum satisfaction has deteriorated significantly in the UK compared to other EU countries," Georgios Kavetsos, a professor of behavioral science at... Read more...
Snippet: ...A fall in the pound increases the costs of UK imports, and in the year after the vote consumer prices rose rapidly. Analysis from 2017 by researchers at the Centre for Economic Performance estimated that the ... Read more...
Snippet: ... so what does the investment picture look like in the UK since the referendum in June 20 16th government figures show that last year business investment fell slightly by 0.4% to around 247 billion dollars acc... Read more...
Snippet: ...know that element happens to be one OK that's enough Fabio 10 M&S group protection to keep control all leading Britain's conversation LBC with was speaking to Dr Thomas Sampson associate Professor of economic... Read more...
Secondly, workers are not being displaced by new technology. Business investment has fallen since 2016. There are countless reasons for this, many of them longstanding structural ones. One, which might have become more i... Read more...
29 March 2019
27 March 2019
...13, Centre for Economic Performance, London School of Economics.... Read more...
26 March 2019
The report was authored by Giordano Mion, a professor of economy at the University of Sussex, and Dominic Ponattu, a researcher at the Bertelsmann Foundation in Germany.... Read more...
21 March 2019
Evidence of the UK's economic performance since the EU Referendum is clear: GDP growth has slowed down, productivity has suffered, the pound has depreciated and purchasing power has gone down, and investments have declin... Read more...
Despite calls to 'take back control' the economic reality is that tariffs will be determined by the 'bound rates' that the UK already has in place under the WTO and, ultimately, no tariff regime will make up for loss of ... Read more...
20 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...
If, in spite of all this, the government manages to negotiate a trade agreement with the EU, what will be the economic and political consequences for the UK? Will it all be worthwhile in the end? A good guide to the econ... Read more...
12 March 2019
Bans on mobile phones significantly increases student performance in high-stakes exams, according to a 2015 London School of Economics and Political Science paper.... Read more...
...which are designed to create positive learning environments." They note that many school boards have policies that allow students to bring their own devices into the classroom for educational purposes. A 2015 London S... Read more...
The Toronto District School Board dropped its ban in 2011, and last summer, it also lifted its ban on Snapchat, Instagram and Netflix. A 2015 London School of Economics study found that ... ... 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
What we're reading Political Quarterly is continuing its excellent series on Britain and Brexit. This week Swati Dhingra examined what a post-Brexit trade policy could look like while Duncan Weldon asked if Brexit really... Read more...
10 March 2019
Carmen Villa comments on the economics of crime in relation to police numbers and knife crime Outlet: BBC Radio Scotland, BBC Radio Manchester, BBC Radio 5 Live and over 15 other local BBC Radio Stations Crime Research... Read more...
07 March 2019
Ben Chu, Economics Editor of BBC Newsnight, showed a graph on FDI outflows from the UK (actual vs. expected) on BBC2 Newsnight on 07 March 2019. This graph is taken from CEP Brexit Analysis No. 13, Figure 2. 19:20min ... Read more...
06 March 2019
Carmen Villa comments on the economics of crime in relation to police numbers and knife crime. ... Read more...
But Prof Will Jennings, a political scientist at the University of Southampton, and Prof Tom Kirchmaier, who lectures on crime and policing at the LSE, both tell me that the increase in knife crime is probably real. What... Read more...
05 March 2019
The United Kingdom is one of the most open economies in the world. Its exports and imports were over £600 billion (30 per cent of UK GDP) each last year. It is 'extremely open' from an investment perspective, both its o... Read more...
04 March 2019
03 March 2019
02 March 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
"Moving companies to Dublin does not turn Dublin into London," says Swati Dhingra, an economist at the London School of Economics. "The dispersal—to Paris, Munich, wherever—means that nobody will inherit the conglome... Read more...
21 February 2019
UK companies have increased their investments into the EU by $10.73bn due to Brexit uncertainty diverting investment from the domestic market, says a recent study from the London School of Economics' (LSE) Centre for Eco... Read more...
According to the Centre for Economic Performance, a research institute, a no-deal Brexit would lower Britain's trade with the EU by two-fifths over ten years. BREXIT Papers & Analyses from the CEP.... Read more...
17 February 2019
The increase in outward investments is entirely driven by the services sector, as Brexit negotiations have prioritised manufacturing - by Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson. ... Read more...
16 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...
14 February 2019
In the first sitting of the Immigration and Social Security Co-ordination (EU Withdrawal) Bill, Professor Alan Manning joined a witness panel in his role as chair of the Migration Advisory Committee. He took a large numb... Read more...
12 February 2019
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...
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...
10 February 2019
The average worker has had to spend more than £404, equivalent to more than a week's wages, in the first year after the Brexit vote, according to a report by the Centre for Competitive Advantage in the Global Economy (C... Read more...
08 February 2019
MGI was putting its finishing touches on the report in early 2016, but held its publication for the Brexit vote in March. "We weren't surprised by the outcome," Manyika told me. "We had been sitting on this research show... Read more...
07 February 2019
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
Snippet: ...ther revolutionary thing called Brexit the EU has always been a unique experiment and shared sovereignty and no-one has ever tried to leave before well apart from Greenland sort of in 1985 Professor Swati Dhi... Read more...
The Centre for Economic Performance estimates that the long-term impact of no deal on Ireland is almost as bad as for the UK. But, locked inside the EU, it cannot subsidise industries or change tariff schedules and its c... Read more...
Ireland has a more intractable problem, however. The Centre for Economic Performance estimates that the long-term impact of no deal on Ireland is almost as bad as for the UK. But, locked inside the EU, it cannot subsidis... Read more...
02 February 2019
Almost all schools are thought to have some controls over mobile phone use. Some ban them outright and others restrict their use in lessons or during playtime. A 2015 study by the London School of Economics found that ba... Read more...
There are significant parallels between voting patterns for and against Brexit and the patterns in the 2016 and 2018 elections in this country. In a separate 2017 paper, "Who Voted For Brexit", Fetzer and two fellow ... Read more...
30 January 2019
The State of Working Britain blog is edited by Paul Gregg and Jonathan Wadsworth It may well be that we no longer care about estimating the number of immigrants in the UK (though this is doubtful). Government policy (at... Read more...
24 January 2019
A special report on Brexit and Pendle published by the London School of Economics this week reveals: "There is a clear consensus that if there was a second referendum held today, Pendle's vote would be the same or even m... Read more...
21 January 2019
Long term is worse. "Our best estimate is that GDP per capita will be 6.3 to 9.5 per cent per year lower than it would be if we were to remain in the EU," wrote John Van Reenen, today an economics professor at MIT. "At t... Read more...
18 January 2019
But economists at the LSE argue that Mr Minford made no allowance for differences in quality among the manufactured goods being considered (Economists for Brexit: A Critique, Thomas Sampson, Swati Dhingra, Gianmarco Otta... Read more...
Claiming that manufacturing is protected in the EU is far more contentious. Mr Minford makes his case by taking an OECD databank of the prices of manufactured products around the world. He adjusts them for transport and ... Read more...
17 January 2019
Snippet: ... A new ESRI study shows smartphone ownership among children has a detrimental impact on their education. And a 2015 study by the Centre of Economic Performance at the London School of Economics found that aft... Read more...
Research by London School of Economics professor Stephen Machin and Richard Murphy at The University of Texas at Austin revealed that by paying higher fees, international students in effect subsidise certain domestic stu... Read more...
09 January 2019
Thomas Sampson, a London School of Economics scholar, detects a wider global meaning in Brexit. "The period since world war II has been marked by growing economic and cultural globalisation and, in Europe, increasing pol... Read more...
08 January 2019
Swati Dhingra, associate professor, LSE Slowdown like earlier, low GDP growth relative to other OECD countries. Dampening of investments. Hard to predict numbers here because short-term forecasts are not the most relia... Read more...
02 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
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...
Snippet: ...poll. Everyday dairy products such as butter, yoghurt and cheese could become luxury items in Britain after Brexit, with price rises being caused by the slightest delay in the journey from farm to ... Read more...
08 December 2018
"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
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
"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...
Both the deal on offer and trading on WTO terms would reduce UK living standards compared to staying in the EU, write Thomas Sampson and Swati Dhingra.... Read more...
29 November 2018
What will the economic impact of Theresa May's deal be? And how does it compare to the no-deal scenario?The LSE's Centre for Economic Performance, in association with The UK in a Changing Europe, has modelled both scenar... Read more...
We at The UK in a Changing Europe, working with the Centre for Economic Performance at the LSE and the Institute for Fiscal Studies, have reached similar findings, modelling specifically for how the prime minister's Brex... Read more...
You wait for months for an analysis of the economic impacts of Brexit, and then three come along at once. But, in contrast to the public perception that economists can't agree on even the most basic questions, like wheth... Read more...
28 November 2018
Experts at the Centre for Economic Performance at LSE, King's College London and the IFS also released research today on the economic and fiscal consequences of Brexit. They estimate that the Brexit deal negotiated by th... Read more...
27 November 2018
Research by the London School of Economics Centre for Economic Performance, King's College London and the Institute for Fiscal Studies added a no-deal Brexit could hit GDP by as much as 8.7%. ... Read more...
The economic consequences of the Brexit deal New research by experts at the Centre for Economic Performance at the London School of Economics, King's College London and the Institute for Fiscal Studies has modelled the e... Read more...
The economic modelling in the report covers trade and migration. For trade, researchers at LSE's entre for Economic Performance used a state-of-the-art model of global trade. They assumed that the deal means that the UK ... Read more...
Undertaken by a consortium of academics and think-tanks, from King's College London, the Centre for Economic Performance and the Institute for Fiscal Studies, the study was funded by the government's Economic and Social ... Read more...
The PM's Brexit deal could leave the economy as much as 5.5% smaller in a decade's time than it would be if the UK stayed in the EU, a study has said. And the cost to the public finances could be as much as 1.8% of GDP,... Read more...
Healthy Minds is a unique curriculum that redefines personal, social and health education in secondary schools. It aims to develop emotional resilience and self-efficacy in students. The London School of Economic and the... Read more...
The Brexit deal could leave the economy up to 5.5 per cent smaller in ten ... per cent, says the London School of Economics entre for Economic Performance, … ... Read more...
26 November 2018
Savings on the U.K.'s contributions to the EU budget would make up only a fraction of the potential damage to the economy, according to the joint paper by the Centre for Economic Performance and academic think tank The U... Read more...
The report, The economic consquences for the Brexit deal, was carried out by the Centre for Economic Performance at the London School of Economics, Kings College London and the Institute for Fiscal Studies (IFS). This co... Read more...
The majority of businesses in the UK report that Brexit is a source of uncertainty. This column uses survey responses from around 3,000 businesses to evaluate the level and impact of this uncertainty. It finds that Brexi... Read more...
25 November 2018
Nick Bloom on Brexit uncertainty. A survey of 3,000 companies, funded by the Bank of England, which notes "Brexit's importance as a source of uncertainty has risen further in recent months". Nick Bloom, said: "Le... Read more...
12 November 2018
Swati Dhingra and Josh De Lyon on the realities of a No Deal Brexit More than two years after the referendum, there is still a possibility that the UK will fail to reach a withdrawal agreement and an agreem... Read more...
31 October 2018
The Centre for Economic Performance estimates that a "No-Deal WTO rules only" scenario would reduce the UK's trade with the EU by 40 per cent over ten years, bringing a fall in income per head of 2.6 per cent per... Read more...
25 October 2018
The second Fama Prize has been awarded to Joshua Angrist (Massachusetts Institute of Technology) and Jörn-Steffen (Steve) Pischke (London School of Economics) for their book Mostly Harmless Econometrics: ... Read more...
26 September 2018
Given that changes could come into force as soon as March 2019, businesses such as Arla Foods UK have been compelled to start contingency planning, analysing what effect these changes might have on its busines... Read more...
23 July 2018
The OECD estimated before the referendum that a WTO Brexit could cost the UK up to 5.1 percent of GDP over 15 years. A study by the London School of Economics estimated a 9.5 per cent hit. ... Read more...
20 July 2018
Non-tariff barriers alone after Brexit could raise the price of dairy products in the UK, which may become “luxuries”, warned a report on Thursday. A study by the London School of Economi... Read more...
19 July 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...
2 years on from the UK’s referendum vote to leave the EU, substantial questions about the path to Brexit remain. In this special edition of Vox Talks, Tim Phillips talks to Swati Dhingra, Karl Whelan, an... Read more...
29 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
By sticking with the UK, the London School of Economics estimated Scotland will be £30bn worse off after Brexit, and the Bank of England reckoned incomes will be 900 a year less . ... 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
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the single market our party will be abandoning workers in Aberdeen, Inverness and towns across Scotland.” Last year, a Londo... Read more...
29 May 2018
Article by Swati Dhingra … Take Brexit, which involves Britain breaking from its largest trading partner, the European Union. The depreciation of sterling which followed the Brexit referendum is a... Read more...
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the Single Market our party will be abandoning workers in Aberdeen, Inverness and towns and cities across Scotland. That will be a... Read more...
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the Single Market our party will be abandoning workers in Aberdeen, Inverness and towns and cities across Scotland. That... Read more...
Addressing hardships requires both redistribution and regulation, writes Swati Dhingra of the London School of Economics Workers remain exposed to hardship from changes in their economic environment. Man... Read more...
28 May 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 almost impossible to make... Read more...
27 May 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...
We must go back in time to grasp this issue, both economic and societal. According to researcher Nicholas Bloom, the profound technological and structural change that has transformed business operations in rec... Read more...
22 May 2018
A paper from the Center for Economic Performance at the London School of Economics estimated that Brexit could lead to a 22 percent fall in FDI over the next decade, causing a 3.4 percent decline in real incom... Read more...
Leaving the European Union is likely to reduce productivity in Britain as it will strengthen weaker companies while hurting the strongest, an economist has warned. Nicholas Bloom, a professor at Stanford Unive... Read more...
17 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
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...
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
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
THERESA May is to speed up the process of ending freedom of movement for EU citizens by bringing forward the date when the Government will publish its proposed new immigration rules. … Up un... Read more...
13 May 2018
The LSE’s Josh de Lyon examines the models behind the competing analyses of the economic consequences of Brexit. Forecasts are not “useless” as some might claim, but the true effect is diffic... Read more...
12 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
Mention of LSE research on the cost of a no-deal Brexit. Click to open ... Read more...
09 May 2018
Although telecommuting is not yet universal, its adoption by technology giants and startups is very telling. Accordingly, many perks account for the meteoric rise of this nascent shift. On the employees’... Read more...
Article by Philippe Aghion and Beneficte Berner: French President Emmanuel Macron was elected with a clear mandate to reform the French economy, and he has not hesitated to target politically sensit... Read more...
08 May 2018
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...
An interview with John Van Reenen of MIT. The Economist: At its most basic level, what is free trade? John Van Reenen: Free trade means allowing good and services to move as freely as possible across dif... Read more...
04 May 2018
A conference at Cambridge Judge marked the 25th anniversary of the European Union’s single market, in advance of a special issue of the Review of Industrial Organisation journal. There has been much prog... Read more...
03 May 2018
America’s patents and research spending have soared alongside its trade deficit with China. Article in the Economist refers to the research paper ‘ Related publications Trade Induced Te... Read more...
More industries have embraced remote positions in response to the desires of an evolving workforce, with a study by Stanford professor Nicholas Bloom finding that working remotely was directly tied to increase... Read more...
02 May 2018
In the UK, real wages are still below their pre-2008 recession levels. The LSE's Centre for Economic Performance revealed that during 2007-2015 British workers saw their wages fall by an average of five pe... Read more...
29 April 2018
Professor Menon from KCL referenced LSE research in his appearance before the Lords EU Sub-Cttee looking at Brexit and the value of the Commons Security and Defense Policy (CSDP) missions to the UK's forei... Read more...
27 April 2018
In a one-off session on the economic effects of trade policy Angus MacNeil (SNP), Chair of the International Trade Cttee, referenced a recent LSE blog which suggested that there was a consensus between leading... Read more...
Article by Thomas Sampson. The full economic impacts of Brexit will not materialise for many years. But 21 months after the UK voted to leave the EU, we can assess how the Brexit vote has begun to affect... Read more...
As urban traffic gets more and more jammed, housing prices in urban centers are getting higher and higher, commuting distances are getting longer and longer, and professional women have family burns in their h... Read more...
26 April 2018
But beyond just the numbers, the onset of globalization and its impact on international finance and global commerce has forced American business schools to seek new ways to burnish their “international&r... Read more...
25 April 2018
"The management of the company was a bit pessimistic," says researcher Nicholas Bloom in a Ted Talk about the research. "They expected the homeworkers to go to bed.&nb... Read more...
23 April 2018
One notable study was conducted in 2015 by Stanford University researcher Nicholas Bloom, who wanted to test whether the belief that workers slack off more when working from home was valid. Bloom and his crew ... Read more...
22 April 2018
Professor Alan Manning (CEP/LSE) gave evidence to the Home Affairs Parliamentary Committee regarding the post-Brexit migration policy. ... Read more...
18 April 2018
Speaking to the Home Affairs Committee, Prof Alan Manning said the new immigration system would hit lower skilled immigration, leading to difficulties for the industries reliant upon it. Also in: The Sun... Read more...
Mautz cites a two-year study conducted by Stanford economics professor Nicholas Bloom, where 250 of 500 employees from China-based travel agency Ctrip volunteered to work from home. Then, over the 24 months, t... Read more...
17 April 2018
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
Article by Giuseppe Berlingieri, Sara Calligaris, Stefano Costa e Chiara Criscuolo. In Italy, medium-large and large companies are productive and competitive. The problem is that they are few compared to... Read more...
10 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...
09 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
…Ex-Tory Cabinet Minister Chris Patten said he was a “caricature” with no idea about trade deals. Brexit may cost us £1,700 a year each, says the London School of Economics. ... Read more...
28 March 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
Disruption to trade caused by Brexit could cost the average Briton as much as £1,700 a year, with Remain-backing areas bearing the brunt, a report has claimed. The research suggested many of the worst-af... Read more...
Unveiling the report, the Migration Advisory Committee’s chairman, Professor Alan Manning said that recommendations on the post-Brexit immigration system would be published in the autumn. These would be ... Read more...
The creators of NEUARBEITEN explain why working from home in this country is still a niche topic and how it can still benefit employees and employers. … Home office offers employees one thing above all:... Read more...
22 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...
20 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
Article by Giuseppe Berlingieri, Holger Breinlich and Swati Dhingra: There has been a surge in the number of trade agreements over the past two decades. This column investigates the impact of trade agree... Read more...
12 March 2018
Opinion – Letters to the Editor: Alastair Hamilton must acknowledge Brexit realities Writing in the Huffington Post Invest NI chief executive Alastair Hamilton has described the concern that Brexit... Read more...
07 March 2018
Even customs duties, which will help US companies in the short term, can be detrimental in the long run. This protection of the domestic market can lead to a decline in qualitative competitiveness. In this con... Read more...
06 March 2018
Using tariffs to restore American competitiveness could easily backfire. If U.S. companies can hunker behind trade barriers and sell to a captive market, many will lose their edge. Research by economists Nicho... Read more...
05 March 2018
Brussels is anxious that Britain's exit from the Customs Union will be a step back in terms of free trade. "If you're in, you're in", said Thomas Sampson, an expert in global trade at the... Read more...
03 March 2018
(London) "I do not see how the proposals of Prime Minister Theresa May can be accepted by the European Union". Word of Holger Breinlich, economist, lecturer at the "London School of Economics&qu... Read more...
02 March 2018
That’s helped to boost growth and employment, but now it means that regions like the north east are vulnerable to any increase in barriers to trade, as demonstrated by recent research at the University o... Read more...
As March 2019 draws closer, the UK government remains divided over the type of trade relationship it wants to achieve in the ongoing negotiations with the EU. Paola Conconi (ULB/LSE) explains why Japanese... Read more...
28 February 2018
The problem for hard-line Brexiteers is that the European customs union dictates that all trade deals between the bloc and the outside world are negotiated by the European Union, not the individual member stat... Read more...
27 February 2018
The problem for hard-line Brexiteers is that the European customs union dictates that all trade deals between the bloc and the outside world be negotiated by the European Union, not the individual member state... Read more...
26 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
Extreme polarisation is not persistent over time; people are more likely to react to specific events or news, writes Maria Molina-Domene. Social media facilitates communication and an appealing question i... Read more...
16 February 2018
Jonathan Wadsworth CEP research on immigration mentioned in the weeks news via BBC's 'The Mash Report'. ... Read more...
15 February 2018
When we consider these findings in light of research published last July by Centre for Cities and the Centre for Economic Performance – which suggested that Aberdeen's economy would be hit harder tha... Read more...
The approach to happiness and bad luck translates into expectations regarding the social security system, including taxes and benefits. If we assume that nobody is fully responsible for their achievements, soc... Read more...
12 February 2018
Last week’s highlights - Assessing the impact assessments - Almost all of the interesting results you get out of modelling Brexit are down to the judgments and assumptions you put in, said Robert Chote, ... Read more...
11 February 2018
Business groups rule the global economy. Data show that about 70% of the global international trade is linked to multinational groups and about a third is linked to companies belonging to the same multinationa... Read more...
09 February 2018
Moreover, when we consider these findings in light of research published last July by Centre for Cities and the Centre for Economic Performance, which suggested that Aberdeen’s economy would be hit harde... Read more...
DOI: 10.1111/ecoj.12429 Related publications Distinctively Different: A New Approach to Valuing Architectural Amenities Gabriel M. Ahlfeldt and Nancy Holman, SERC Discussion Paper No.171, Febru... Read more...
05 February 2018
A decade ago, economists at Berkeley, Stanford and the World Bank conducted a randomised trial in which the bank paid for some textile factories in Mumbai to receive consulting advice from a global company. Th... Read more...
02 February 2018
An authoritative report last year by a team under MIT trade expert John Van Reenen for the Centre for Economic Performance estimated that a WTO option would cut British living standards by 2.7pc over time... Read more...
01 February 2018
Swati Dhingra has been awared a European Research Council Starting Grant for the BIGlobal project, which will examine the sources of firm growth and market power to provide new insights into welfare and policy... Read more...
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...
"Migrants are more likely, on average, to be self-employed and to start up companies." Max Nathan of CEP's Urban Programme interviewed for the documentary made by Wired in partnership with the Mu... Read more...
31 January 2018
The intervention in the Brexit debate by the Confederation of British Industry (CBI) this week, coming out in support of Britain remaining in a customs union, is timely. ... The idea that a UK free to negotiat... Read more...
26 January 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
What is clear is that the thinking on Conservative benches is in sharp contrast to the consensus amongst professional economists. Here, we find a different logic entirely. Leaving the single market and the cus... Read more...
22 January 2018
With the UK due to leave the EU at 11pm on 29 March 2019, countries on both sides of the channel are figuring out what Brexit will mean for their economies. We speak to Panmure Gordon’s David B... Read more...
19 January 2018
Article by Henry Overman With all British cities likely to see a fall in economic output as a result of Brexit, thoughts are turning to the policies needed to help local economies adjust to the challenges a... Read more...
16 January 2018
Type: Broadcast Mention of LSE report which said that Aberdeen would be the UK city worst hit by a hard Brexit. ... Read more...
15 January 2018
Mention of LSE report which found Aberdeen would be worst hit by a hard Brexit. ... Read more...
A study conducted in 2013 by Nicholas Bloom, professor of economics at Stanford University, and graduate student James Liang, who is a co-founder of Chinese travel website Ctrip, proved that working at home in... Read more...
A no-deal Brexit would leave Britain’s economy diminished and its people poorer. That is the conclusion of the economic forecast commissioned by the mayor of London, Sadiq Khan from Cambridge Econometric... Read more...
11 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
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 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
IBM recently made headlines for dismantling its policy that allowed remote work. The technology giant was following in the footsteps of Yahoo Inc., which in 2013 also called its employees back to the office, s... Read more...
Q: In 2017, consumers’ finances were squeezed by rapidly rising prices. Will 2018 be an easier year for UK households and what are the implications for consumer spending? A: Swati Dhingra, assis... Read more...
01 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...
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 London-based Economics Research Center (CEP), the London-based Economics University of London, has shown that the unexpected market and real economy shock of the last year's referendum on Britis... Read more...
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
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
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...
20 December 2017
Swati Dhingra of the Center for Economic Performance at London School of Economics (LSE) said "Inflation data provides the most useful information." She said the overall impact of uncertainty is more... 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
The possible options for the long-term economic partnership range along a wide spectrum – from a European Economic Area-type broad-based single market access, through a Canada-type free trade agreement, ... Read more...
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...
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
Holger Breinlich, one of the UK's leading international economics experts, a lecturer at the London School of Economics and the University of Nottingham, comments on the start of phase two of the EU-UK neg... Read more...
John Wraith, head of interest rate policy at UBS UK, said: "The impact of the referendum was, first and foremost, only a sharp fall in the pound." Due to strong consumer spending, the UK economy init... Read more...
Last month, a study by the London School of Economics found that the average household will already be paying at least an extra £400 in shopping annually, due to Brexit-induced infl... Read more...
14 December 2017
Estimates of the full cost of Brexit — ranging from one to ten percent of the UK per capita income — depend on how the UK leaves. In a new paper in the fall issue of the Journal of Economic Perspec... Read more...
11 December 2017
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...
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...
Pro-Brexit Cabinet Minister Liam Fox faced embarrassment last night after it was revealed that he commissioned and endorsed a new book which warns of the damaging effects of a 'hard' Brexit. The Intern... Read more...
09 December 2017
The decision to leave the UK from the EU negatively affected the quality of life of citizens. This conclusion was reached by the specialists of the Center for Economic Performance research center, having found... Read more...
08 December 2017
Brexit arguments rumble on as breakthrough is still awaited, says Ken Symon Research by three academics from the London School of Economics, Josh De Lyon, Swati Dhingra and Stephen Machin shows th... Read more...
… within the next half an hour Mole Valley and Drygate and Banstead among the areas which would be hit hardest by Brexit according to a report by researchers at the London School of Economics say both e... Read more...
A recent study by LSE said Brexit without a trade deal would cost London over £100bn over five years, while staying in the single market would reduce the losses to some £58bn. ... Read more...
06 December 2017
Snippet:... A recent study by LSE said Brexit without a trade deal would cost London over £100 billion over five years, while staying in the single market would reduce the losses to some £58 billio... Read more...
Stanford Graduate School of Business professor Nicholas Bloom said in a TED talk earlier this year that requiring employees to be in the office is an outdated tradition that doesn’t take into a... Read more...
05 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...
04 December 2017
Our final #GeekoftheWeek goes to Henry Overman with his NIESR chart looking at the local economic impact of Brexit. ... Read more...
03 December 2017
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...
...[Thomas] Sampson, who coauthored the Centre for Economic Performance research, said: "Even ... ... Read more...
01 December 2017
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion in annual revenue and as many as 30,000 jobs, a f... Read more...
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...
How will your local area be affected by #Brexit? Our final #GeekoftheWeek goes to @HenryOverman with his @NIESRorg chart looking at the local economic impact of Brexit. Peston on Sunday Retweeted ... Read more...
30 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...
29 November 2017
The report defines a hard Brexit as being on World Trade Organisation (WTO) tariffs with no customs union, and a soft Brexit with the UK staying in a form of customs union and tariffs remaining at zero with a ... 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
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...
Article by Henry Overman Much has been written about the impact that Brexit might have on the national economy. We know far less about how that impact might vary across the UK. In a recent paper published i... 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...
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...
26 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 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...
24 November 2017
Growth largely rested on household spending. The companies, influenced by the uncertainty created by the Brexit - exit of the United Kingdom of the European Union (EU) -, invested cautiously while clearing unk... 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...
How many jobs are being lost in the UK due to the relocation of businesses is still unclear. Estimates range from 30,000 to 200,000. The Bank of England's most recent forecast, according to the BBC, is the... 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...
The British already pay the price of brexit - explains Dennis Novy, an economics researcher at the London School of Economics and Political Science. - Every single shopping gets less and less money for their m... Read more...
3. Britons begin to feel the Brexit pinch - EU and Union flags fly above Parliament Square in central London, Britain. UK households are more than £400/year worse off as a result of Brexit-induced inflat... Read more...
Dennis Novy interviewed by Chinese television on CEP Brexit analysis research into how much Brexit is already costing UK households. ... 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...
UK economy: Britain is on course for its longest fall in living standards since records began, with wages not returning to their pre-financial crisis levels until at least 2025. … “Right now, the ... 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
Wales and Northern Ireland have suffered the worst spikes in inflation in the UK as a result of last year’s vote for Brexit, according to new research from the London School of Economics. The analysis by... Read more...
20 November 2017
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...
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...
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 Henry Overman: With Brexit looming, we’ve been running a series of workshops with local areas to think about different policy responses and consider what the evidence says on effectiveness. On... Read more...
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...
Snippet: ...e Thank you very much Steve France's reporting for us there in Cardiff and serve loaded of the have been in touch about food prices someone texted me to say food has increased by 5% since June ... Read more...
10 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...
09 November 2017
Meanwhile, the risks of Scotland crashing out of the EU without the UK government securing a deal have been revealed in a damning report by the London School of Economics. Figures show that every single part o... Read more...
08 November 2017
South Lanarkshire could lose out to the tune of £1.3 billion after Brexit according to statistics from the London School of Economics. ... Read more...
07 November 2017
Ronnie Cowan, SNP, Inverclyde: A report from the centre for cities and the Centre for economic performance and the London School of Economics said that all cities would schedule increasing cost... Read more...
06 November 2017
Article by Josh De Lyon, Swati Dhingra and Stephen Machin Since Britain’s EU referendum, UK inflation has risen faster than that of the Eurozone. Price rises have varied across sectors, but as&nb... Read more...
Food prices are rising faster, and real wage growth has again turned negative, write Josh De Lyon, Swati Dhingra and Stephen Machin.... Overall, this research points to a significant rise in prices occurring a... Read more...
04 November 2017
LSE economist Thomas Sampson viewed Martin’s press release and told HuffPost it had a “partial truth”, as axing the tariffs would make food cheaper but only cheaper than if Britain left the E... Read more...
With Swati Dhingra, Martin Donnelly and Sam Lowe - Chaired by Soumaya Keynes Trading places: #BrexitTrade conference video: What types of trade barriers are most important for UK firms with an eye ... Read more...
02 November 2017
In practice, competitors often do not only choose their level of effort; they also have to decide between more or less risky strategies. For example, a pharmaceutical firm that is lagging behind in a patent ra... Read more...
Rising inflation combined with flatlining wage growth means that households have seen incomes drop in real terms and are therefore beginning to feel the squeeze of higher prices. Worryingly, UK wages have drop... Read more...
Another study by the institute examining the regional implications of Brexit concludes that the south around London is likely to be hit particularly hard, as well as the region around Manchester and the south ... Read more...
The LSE economist: the cost of leaving the Union will fluctuate between £200 billion a year in the event of a complete breakdown and 20 billion for the softest solution to the Norwegian. There is no doub... Read more...
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 Thomas Sampson Since World War II the global economy has become increasingly integrated. Brexit runs counter to this trend and has ignited a debate about the future of the EU and the global econo... Read more...
One of the most remarkable studies done to measure telecommuters’ performance was conducted by Stanford University. Led by Professor Nicholas Bloom, a team of scholars performed a Work From Home (WFH) ex... Read more...
31 October 2017
Research by the London School of Economics forecasts that even in the event of a Brexit transition deal being struck, the Argyll and Bute economy will shrink by 2 per cent. ... Read more...
Scotland’s Brexit Secretary Mike Russell told the convention that a report out last week revealed a soft exit from the EU would leave the area £150million worse off, while a “hard, no deal Br... Read more...
Dennis Novy interviewed on globalisation and Brexit. ... Read more...
Mention of figures from the London School of Economics on the impact of a ‘no-deal’ Brexit on Birmingham’s economy. ... Read more...
29 October 2017
The overall impression in other European capitals is that the British want to have their cake and eat it, by leaving the EU and yet retaining all its advantages, a demand which no EU government is prepared to ... Read more...
28 October 2017
Snippet: Mention of LSE study on cost of Brexit for Scotland ... Read more...
26 October 2017
…there have been numerous studies claiming that better management – sometimes equated with more management – is the key to productivity. One in particular – done by economists in Stanf... Read more...
Scottish Secretary David Mundell has told opponents of Brexit to stop bandying about “damning figures” such as an analysis that Aberdeen will be worst hit by the divorce from Brussels. The London S... Read more...
25 October 2017
However, the Department for Exiting the EU recently rejected requests to publish the analysis, arguing that there was a risk of a knock-on effect on national and regional economies . But the Lib Dems have work... Read more...
But the analysis will be shared with the Scottish government, David Davis told a committee of MPs. Mr Davis told the Brexit select committee that publishing the analysis could undermine the national interest. ... Read more...
It is still unclear whether we are heading for a ‘hard’ or ‘soft’ Brexit but, amid calls for a second referendum, it is important that voters are told about the UK Government’s ow... Read more...
Snippet: News story about study on the impact of Brexit on Aberdeen ... Read more...
24 October 2017
Snippet: Discussion of study on cost of Brexit for Scotland ... Read more...
Scotland’s biggest cities stand to lose billions of pounds if the UK government fails to secure a Brexit deal, the Liberal Democrats have claimed (Hamish Macdonell writes). The party commissioned analysi... Read more...
Tory whip writes to every vice-chancellor to ask for syllabus and any online material Academics are accusing a Tory MP and government whip of “McCarthyite” behaviour, after he wrote to all unive... Read more...
‘This paper estimates the welfare effects of Brexit in the medium to long run, focusing on trade and fiscal transfers. We use a standard quantitative general equilibrium trade model with many countries a... Read more...
23 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...
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...
... Read more...
Every part of Scotland and the UK as a whole would be affected by a soft Brexit, which would retain access to the single market during a transition period, according to the London School of Economics (LSE). Ho... Read more...
Birmingham would be the second most damaged city in Britain by a hard Brexit, new research has revealed. The city's economy would lose £6.82 billion over five years. The figures, published by the res... Read more...
London boroughs from the suburbs to the City stand to lose billions of pounds from Brexit, new research revealed today. The impact of a “hard” exit without a trade deal would cost the capital&rsquo... Read more...
Newcastle’s economy would shrink by £1.92bn, a fall in economic output of 5%. The figures, published by the respected Centre for Economic Performance at the London School of Economics, show how muc... Read more...
A response to the interview with Thomas Sampson about the 'Devil's Dilemma of the Brexit'. I know many English who voted for Brexit, and almost all of them are highly educated. The reasons for this... Read more...
22 October 2017
Using calculations based on research by the London School of Economics, the Lib Dems say that if the UK exits the EU in March 2019 without a deal, Britain’s economic output in the five years after Brexit... Read more...
Leaving the EU will cost Britain £430billion over five years if no deal is done, research suggests. Even a “soft” Norway-style Brexit could cost the country £235billion – spa... Read more...
21 October 2017
20 October 2017
Article by Thomas Sampson It is too soon to know whether Brexit will be merely a diversion on the path to greater integration, a sign globalisation has reached its limits, or the start of a new era of prote... Read more...
Article by Thomas Sampson While we can estimate the economic impact of Brexit, we do not yet understand what made people vote for it. This column argues that political pro-Brexit rhetoric conflates two dist... Read more...
19 October 2017
While talk of a sudden exodus might be overblown, there is a danger that jobs in the sector could gradually slip away from the capital. Barclays’ Peter Gordon says that, over the next decade, ‘we m... Read more...
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion ($23.7 billion) in annual revenue and as many as ... Read more...
Article by John Van Reenen: ... “An argument that was made in favor of Brexit was that by restricting Europeans coming into Britain, it would create an economic boon,” said MIT Sloan professo... Read more...
18 October 2017
UK economic performance has been poor since the vote to leave the EU in June 2016, but has not been the catastrophe that many predicted. Nicholas Bloom (Stanford) and Paul Mizen (Nottingham University) dr... Read more...
17 October 2017
A major impediment to clarity has been the weight of advice from what Michael Gove calls ‘organisations with acronyms’ suggesting that a ‘no deal’ on trade will greatly damage the... Read more...
13 October 2017
NFU Scotland’s Horticulture Committee chairman and Angus Soft Fruits (ASF) grower James Porter last month met UK Migration Advisory Committee chair Professor Alan Manning and Defra secretary Michael Gove... Read more...
12 October 2017
Awarded an European Research Council Proof of Concept Grant for the NCore project, which aims to develop a mobile app which facilitates access to mental health services and treatments for young peopl... Read more...
Article by Paul Frijters Taxation is the potential downfall of the EU as an institution. The reason is that within the EU, several member states are making money from the tax evasion in other member states,... Read more...
11 October 2017
Letter by Swati Dhingra and Nikhil Datta Martin Sanderson points out that manufacturing accounts for only a small share of the UK workforce, and reasons that it is hardly right to say blue-collar British wo... Read more...
Alex Eble, Peter Boone and Diana Elbourne, The World Bank Economic Review, Volume 31, Issue 3, October 2017 DOI: 10.1093/wber/lhw034 Related links Peter Boone CEP Alumni webpage: http://www.effi... Read more...
10 October 2017
In the London Review of Books, Swati Dhingra and Nikhil Datta (economists in London) run down all the difficulties facing Britain in withdrawing from the European Union, in an article called “How Not to ... Read more...
A working group will be set up to prepare Pembrokeshire for the effect of Brexit, following a council vote. The county could lose £35.4m in trade if the United Kingdom opts for a "hard" Brexit,... Read more...
09 October 2017
… Whether post-EU frictionless trade is even possible remains to be seen. In an article in the London Review of Books, Swati Dhingra and Nikhil Datta of the London School of Economics pour cold water on... Read more...
08 October 2017
When it comes to debating a work-from-home policy, there are two schools of thought on the subject. While one group believes employees will abuse the system and productivity will be lost, the other believes th... Read more...
06 October 2017
Article by NICHOLAS BLOOM*, PAUL MIZEN The conditions in the British economy worsened after the Brexit referendum, but there was no disaster predicted by various economists. Growth rates in Britain have fal... Read more...
Interview: Een harde Brexit kost iedere Brit 10 procent aan inkomen. Dat becijferde de jonge, gezaghebbende econoom Thomas Sampson. “Het aan banden leggen van het persoonsverkeer is heel kostbaar.”... Read more...
Brexit will hit Pembrokeshire harder than the Sea Empress disaster, according to a comparison made in a report for Cabinet next week. The Director of Development’s report ahead of an agenda item called &... Read more...
Immigration Minister Rt Hon Brandon Lewis stated that the government was not looking to push skilled workers to leave the UK but to implement changes for further down the line to meet the demand for less migra... Read more...
05 October 2017
Businesses will be forced to employ fewer staff and improve productivity after Brexit, Great Yarmouth MP Brandon Lewis has warned. … Further details on how the government will tackle the problem will be... Read more...
04 October 2017
The Government’s Migration Advisory Committee (MAC), chaired by Professor Alan Manning of the London School of Economics, would present a report to Government in September, and this would influence plans... Read more...
CAGE/SMF event at the Conservative Party conference in Manchester on Brexit. Dennis Novy talked about issues related to international trade, in particular the EU Single Market and customs union and potential n... Read more...
03 October 2017
Immigration Minister Brandon Lewis says it takes 20 workers to build a house in the UK but just four workers overseas The Government’s Migration Advisory Committee (MAC), chaired by Professor Alan Man... Read more...
According to a survey conducted by Stanford University Professor of Economics Nicholas Bloom in Singapore, those who work from home are happier than those who work in the office. We asked the people who work a... Read more...
01 October 2017
This is stated in the unique study of Stanford University economics professor Nicholas Bloom. According to the study, the number of people working from home has tripled in the last 30 years. However, the numbe... Read more...
30 September 2017
"Wheat and bread isn't analogous to workers coming to the country and that being the cause of the depreciation of wages. "The Economic Centre at LSE's Centre of Policy and Research [sic], hav... Read more...
British agriculture has become a less attractive place to work for EU migrants and the industry needs to be able to look outside the EU to source more labour. This was the call from the chairman of NFU Scotlan... Read more...
29 September 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...
Too many economists have refused to take seriously the idea that Brexit has the potential to provide economic benefits to the UK. Before the referendum, Treasury economists assured the public that a vote to le... Read more...
28 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...
Dennis Novy was interviewed. The topic was the potential Brexit transition period, and to what extent it would help British business. Related links [subscription required] http://lbc.audioag... Read more...
Over the last decade, economists have worked hard on the impact of management on productivity. The effectiveness of management, measured by a set of indicators (quality of internal monitoring, setting clear ob... Read more...
26 September 2017
A study by economists at the London School of Economics has estimated the damage could be as great as 9.5 per cent of GDP if the UK leaves the EU without a free trade deal. Related article ‘Th... Read more...
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...
25 September 2017
Theresa May stepped in to lead the discussion on what the UK hopes to achieve from its Brexit negotiations with the EU. Swati Dhingra and Josh De Lyon (CEP, LSE) argue that her Fl... Read more...
Rather, by using detailed quality-adjusted OECD prices we reach roughly the same estimates of nontariff barriers that the researchers at the London School of Economics cite for their own w... ... Read more...
23 September 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...
21 September 2017
And if your boss is on the fence, here’s a compelling case study — from economics professor Nicholas Bloom — to show her. Imagine a person working from home. If you pictured somebody in pajam... Read more...
20 September 2017
Professor of Finance and Economics, Kevin Dowd (Durham University), Professor David Paton (Nottingham University) and Professor David Blake (University of London) discuss how the UK can benefit from a free tra... Read more...
It’s important to realise that, while Brexit will have an effect on the whole of the UK, it will not be spread evenly around the country. In an attempt to look at the relative winners and losers, the thi... Read more...
19 September 2017
This paper provides information on and/or links to a selection of analysis, comment and statistics on: - Trade negotiations, tariffs and custom duties - Domestic economic policy and public expenditure... Read more...
18 September 2017
The Citizens’ Assembly on Brexit has just completed its first weekend of deliberations. As an earlier post explained, the Assembly is a gathering of people from across the UK who have... Read more...
13 September 2017
Article by Nikhil Datta and Swati Dhingra: About half of Britain’s trade and investment is with the EU, and currently, as members, we implement almost the same standards for products and services. One of... Read more...
Last year before the Brexit referendum, the Center for Economic Performance (CEP) produced a study on the economic impacts of Eastern European immigrants. The London School of Economics, a research institute f... Read more...
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...
Earlier in the summer, research from think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics revealed Reading is likely to be one of the areas hit hardest by Brex... Read more...
12 September 2017
The great majority of the economic forecasts have concluded that Brexit will damage the UK economy. In the case of ‘no deal’ between the UK and the EU, the majority view is that the loss of GDP cou... Read more...
08 September 2017
10.1111/twec.12440 ... Read more...
07 September 2017
I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the local economic impacts of Bre... Read more...
A report by the London School of Economics' Centre for Economic Performance had suggested Brexit would leave all British cities adversely affected. Related publications ‘Brexit, Trade and the E... Read more...
06 September 2017
The Centre for Economic Performance at London School of Economics has predicted a soft brexit is likely to increase the cost of EU trade by 2%, causing a subsequent 1% fall in British GDP, while a hard Brexit ... Read more...
03 September 2017
Snippet…The Centre for Economic performance says trade would drop 40 per cent over 10 years and incomes would fall 2.6 per cent. Related links CEP BREXIT Analysis series http://cep.lse.ac.uk/BREXI... Read more...
02 September 2017
.Even before the EU referendum multiple reports carried out by credible and reputable organisations like PWC and Oxford Economics in relation to the effect of Brexit on the UK by the year 2030, concluded that ... Read more...
25 August 2017
Snippet...”Mostly, the economists gathered here expressed hope that people would embrace the broader benefits of trade rather than focusing on the narrow costs. “All I can hope is that we are ha... Read more...
There has been a veritable flood of studies indicating what an economic disaster awaits us if the government pursue its preferred hard Brexit route. If the government's own studies contain anything to coun... Read more...
24 August 2017
Patick Minford thinks that GDP could increase by 6.8% Mr Minford’s calculations are based on dubious assumptions. He also ignores the “gravity” effect, whereby close neighbours trade more ... Read more...
A leading quartet of economists have taken issue with a report by pro-Brexit counterparts that paints a rosy picture for Britain should the country leave the EU without any trade deals in place. The four ... Read more...
22 August 2017
“NO – Thomas Sampson, assistant professor of economics at the London School of Economics. Economists for Free Trade’s estimate is misleading nonsense. It is based on an economic model that... Read more...
Here's a piece from LSE debunking Prof Minford's post-Brexit trade theories and a quote from him about industry – see http://blogs.lse.ac.uk/politicsandpolicy/the-britain-alone-scenario-how-econo... Read more...
21 August 2017
Foreign investment has dropped sharply since the June 2016's referendum as investors are holding off investments waiting for more clarity on the future of the country outside the EU. LSE’s lecturer D... Read more...
The policy, known as ‘Britain Alone’, was savaged by The Centre for Economic Performance at the London School of Economics, which suggested Minford’s work disregarded 40 years of established ... Read more...
The fact that the EU's eastern enlargement to the EU in 2004 was a win-win for the "old" 15 Member States of the Union as well as for the newcomers in Central and Eastern Europe is clear in view ... Read more...
The views of Economists for Brexit / Free Trade have repeatedly been rebuffed elsewhere, for example in a report by a group of economists at the LSE’s Centre for Economic Performance. They predict a 2.3%... Read more...
The LSE quartet – professors Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen – do concede that there is, potentially, a very minor boost to going it alone. Their own model... Read more...
"Compared to the results that would result from trading between the UK and the EU under WTO rules, unilateral liberalization (non-imposition of duties) would provide the United Kingdom with benefits becau... Read more...
19 August 2017
“Compared to an outcome in which the U.K. and the EU traded under WTO terms, there would be benefits for the U.K. to unilaterally liberalizing as it would reduce the cost of imports,” said Thomas S... Read more...
18 August 2017
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
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 ... 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...
The British government has issued a document on Tuesday expressing its willingness to ensure both sides have the greatest stability for several years after the Brexite, and at the same time it was time for Lon... Read more...
"Altering NAFTA could fundamentally change the production of the economy — for the U.S., as well as for Mexico — and that will be very disruptive," said Swati Dhingra, an economist at the... 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...
THE economies of both Tunbridge Wells and Tonbridge will suffer in the coming years due to Brexit, a new report by the London School of Economics claims. Titled The Local Economic Effects of Brexit, the study ... 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 Thomas Sampson of the London School of Economics (LSE) said that the publication of the UK government's plans for a transition period and regulations after the breit suggests that London wants to speed ... Read more...
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...
The UK government’s new position paper on future customs arrangements sets out its objectives for how goods trade with the EU will be governed following Brexit. However, as Thomas Sampson ... Read more...
"Altering Nafta could fundamentally change the production of the economy — for the U.S., as well as for Mexico — and that will be very disruptive," said Swati Dhingra, an economist at... Read more...
The latest concern unfolds this week, as the Trump administration begins to renegotiate the North American Free Trade Agreement, redrawing the terms of commerce with Mexico and Canada. “Altering NAFTA co... Read more...
The Center for Economic Performance estimated that in the case of such a scenario over the decade, trade would have fallen by 40 percent and average income by 2.6 percent. ... Read more...
14 August 2017
A rebalancing is long overdue. “Regional disparities are wider in the UK than other western European countries,” according to the London School of Economics’ Centre for Economic Performance. ... Read more...
12 August 2017
Experts have predicted that Thanet would be the hardest hit area of Kent in a 'soft Brexit' scenario. A new study by the London School of Economics revealed that Thanet could lose £27.2 million &... Read more...
10 August 2017
What if there is no deal? A “very, very bad outcome,” in the words of Chancellor of the Exchequer Philip Hammond. The U.K. would regain control of laws, money, immigration and ability to negotia... Read more...
People up and down the country can ill afford for silly season squabbles to distract us from the complexity of Brexit …amidst the summer politicking and parties, a new report by Centre for ... 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...
09 August 2017
Antoine Dechezleprêtre and Misato Sato, Review of Environmental Economics and Policy, Volume 11, Issue 2, July 2017 ... Read more...
08 August 2017
Theresa May on vacation, the ministers of soft and hard Brexit clash in the most perfect disorder. Economists, on the other hand, predict a decline in growth. The government's hesitations have an impact... Read more...
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
Their research found that every local authority would be negatively affected under either scenario but concluded that the economic impact of leaving the single market and customs union would be around twice as... Read more...
06 August 2017
A new report by think tank Centre for Cities and the Centre for Economic Performance (CEP) predicts Worthing will be on the places hit hardest by an expected downturn in trade after the country leaves the... Read more...
Snippet: Philip Hammond has said that if every region of the UK could match the productivity of London and southeast England, there would not be a productivity problem. The London School of Economics, which re... Read more...
New research suggests that Slough will be among the top five UK urban areas to be negatively impacted by Brexit. A report by the London School of Economics Centre for Economic Performance and think tank Centre... Read more...
05 August 2017
Number 10 said on 31 July that it would be “wrong” to suggest that EU free movement to the UK would “continue as it is now” after 2019. But Home Secretary Amber Rudd has said that EU na... Read more...
04 August 2017
MAC chairman, Professor Alan Manning, has been asked to produce interim reports to guide Home Office officials attempting to draw up a post-Brexit immigration regime that will bring an end to free movement but... Read more...
A new report put Reading in third place of areas worst hit by a hard Brexit A new report by the think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics reveals... Read more...
02 August 2017
Snippet: Many journalists have said the floodgates are now open for a lot of other countries to try and exit the EU including a big country like Spain. John Van Reenen of the London School of Economics called ... Read more...
The authors of the report, Naomi Clayton and Professor Henry Overman of the LSE’s Centre For Economic Performance, said: “All British cities are set to be negatively affected as a result of higher ... Read more...
01 August 2017
…Rudd has commissioned a group of top economists, the Migration Advisory Committee (MAC), to investigate how the UK's future immigration system "should be aligned with a modern industrial strat... Read more...
31 July 2017
The London School of Economics has published an analysis of the possible effects of a ‘hard’ and ‘soft’ Brexit on towns and cities all over the country. The report predicts that Swin... Read more...
We are also now beginning to see why Scots voted 2:1 to remain in the EU. The thinktank Centre for Cities has predicted that Scotland’s major cities will suffer the worst consequences of Brexit, hard or ... Read more...
30 July 2017
Middlesbrough has been singled out as one of the places which could be hardest hit by Brexit. As the debate over the terms of the UK’s exit of the European Union continue to be debated, the potential ... Read more...
Brexit will hit hardest in the South of England, according to new research. But although the more prosperous cities of the South will lose the most, they will find it easiest to adapt. Aberdeen in the Nor... Read more...
29 July 2017
In findings released by think tank Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics, the potential impact of either Brexit "type" on major cities in t... Read more...
Brexit will hit Scottish oil capital Aberdeen the hardest of all Britain’s cities, with London also ranking highly and facing a medium-term blow to economic output of as much as 2.6 percent, academics at... Read more...
28 July 2017
Article by Henry Overman: The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry ... Read more...
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...
The study by the Centre for Cities and the Centre for Economic performance at the London School of Economics found that cities with large high-skilled service sectors, such as business and financial services, ... Read more...
Smaller cities Crawley and Barnsley are predicted to have the lowest downturn in economic output of either a "hard" or "soft" Brexit, alongside cities like Hull and Wakefield. A new report ... Read more...
Aberdeen and Edinburgh are the cities set to take the biggest financial hit when the United Kingdom leaves the European Union, according to a think tank that predicts a downturn in trade even if ministers stri... Read more...
The impact of Brexit on Aberdeen’s economy will not be as bad as predicted, according to junior Brexit minister Robin Walker. Mr Walker was responding to a bombshell report from the Centre for Cities, wh... Read more...
…Evidence again that any form of Brexit will do more damage to Scotland’s farming sector than it will to the UK as a whole. At least the city economies will be OK though? Not a chance. The report ... Read more...
Aberdeen can rise to the challenge of finding news ways to boost the economy, politicians and industry leaders said today. The confident comments come despite a report yesterday that predicts Brexit will hit A... 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...
All areas of the North East would be hit by Brexit and may take longer to recover than other parts of the country, a new study says. The study by the Centre for Cities and the Centre for Economic Performance (... Read more...
Wealthy Southern cities are predicted to be hardest hit by Brexit, according to a new report. The study, by the Centre for Cities and the Centre for Economic Performance at the London School of Economics, foun... Read more...
A think tank analysed the potential impact of both a “hard” and “soft” Brexit on British cities in the 10 years following the implementation of new trade arrangements with the EU. It is... Read more...
She [Amber Rudd] told committee chairman, Professor Alan Manning, that during the transition period a “simple system for registering and documenting new arrivals” will be in place. ... Read more...
Elsewhere, the UK government announced on Thursday that it has commissioned a group of top economists to investigate the financial benefits of migration from the EU. The independent Migration Advisory Committe... 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
A major study has been ordered by the British government to look at the economic impact of ending free movement of EU workers. The UK Home Secretary, Amber Rudd, wants to know whether some parts of Britain ... Read more...
The Migration Advisory Committee will embark on a major study into the role of 3.2million EU nationals in Britain's economy and society. Its "extremely important" work will look at patterns of mi... Read more...
Companies have been clamouring for clarity from the Government on the issue as the academic sector, agriculture, manufacturing and the hospitality trade all rely on large influxes of people to operate. The Con... Read more...
All cities in the UK are looking set to see a fall in economic output regardless of whether a ‘hard’ or ‘soft’ Brexit is delivered, experts have today warned – but more prosperous... Read more...
London and Edinburgh also ranked in the top ten list compiled by researchers at the Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics. Related publications ... Read more...
Centre for Cities and Centre for Economic Performance analysis also places Edinburgh sixth in a top ten of urban conurbations hit most if the country fails to strike a deal with the EU. Related publications... Read more...
Aberdeen will be the hardest hit city in the UK by Brexit, according to a new report on the economic impact of withdrawal from the European Union (EU). Other cities or urban areas such as London, Slough and Ed... Read more...
Worthing is among the top ten towns that will suffer the most by Britain’s exit from Europe, according to a study that overturns assumptions that poorer areas of the UK will suffer the most. For the firs... Read more...
Cities that are successful and have large high-skilled service sectors, mainly located in the south of England, will be hit the hardest by Brexit, whether it is ‘hard’ or ‘soft’. A repo... Read more...
A new report today named Aberdeen as the UK city predicted to be the worst-hit by a so-called hard Brexit. London and Edinburgh also ranked in the top 10 list compiled by researchers at the think tank Centre f... Read more...
Research done by the Centre for Economic Performance (CEP) at the London School of Economics and the Centre for Cities predicted an economic downturn of 3.7 per cent for Aberdeen and 2.7 per cent in Edinburgh ... Read more...
The joint Centre for Cities and Centre for Economic Performance study predicts that Bristol’s economic output will decrease by up to 2.6 per cent – the 11th worst-hit city in the country. However, ... Read more...
The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry G. Overman writes that it ... Read more...
Snippet: News that Swindon could be one of the cities worst hit by Brexit Click to open Related publications ‘The Local Economic Effects of Brexit’, Swati Dhingra, Stephen Machin and Henry ... Read more...
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...
The home secretary, Amber Rudd, is to commission the independent Migration Advisory Committee to carry out a detailed analysis of the economic and social contributions and costs of EU citizens in Britain. The ... Read more...
A NEW report has named Aberdeen as the UK city predicted to be the worst-hit by a so-called hard Brexit. Edinburgh also ranked in the top 10 list compiled by researchers at the think tank Centre for Cities and... Read more...
Towns and cities in the South of England will be hit hardest by Britain’s exit from Europe, according to a study that overturns assumptions that poorer areas of the UK will suffer the most. Researchers a... Read more...
Aberdeen and Edinburgh are the cities set to take the biggest financial hit when the UK leaves the European Union, according to a think tank that predicts a downturn in trade even if ministers strike a “... Read more...
Article by Henry Overman I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the l... Read more...
Aberdeen could be the city worst hit by falling economic output due to a "hard" Brexit, experts have predicted. A new report from the Centre for Cities and the Centre for Economic Performance at t... Read more...
Consider the timescale: the Migration Advisory Committee (MAC) is made up of one chairman (Professor Alan Manning from the London School of Economics) and three independent economists who now have to commissio... 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
While the Prime Minister seems to understand that trade with the European Union is sizeable, she also seems to be under the illusion that Britain can pick and choose during the Brexit negotiations. L... Read more...
Dennis Novy was live on the show. The topic was the ongoing Brexit negotiations between the UK and the EU in Brussels, and in particular what the potential outcome might be for Britain’s economy an... Read more...
21 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...
The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive”, according to a new report featuring LSE experts. Related publications ‘The C... Read more...
Professor Alan Manning, Chair of the Migration Advisory Committee and Professor of Economics, London School of Economics and Lord Layard member of the Economic Affairs Committee… Related publications... Read more...
The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive”, according to a new report featuring LSE experts. ... Read more...
20 July 2017
Brexiteers rejected the Treasury’s projections for the cost of Brexit last year as “project fear”. But the Centre for Economic Performance at the London School of Economics has remodelled the... 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
Businesses that rely on low-skilled EU labour may face hiring difficulties, writes Jonathan Wadsworth. He argues that post-Brexit work visa quotas on EU nationals will probably favour graduates. Relate... Read more...
18 July 2017
The government’s recent paper on future customs arrangements sets out its objectives for how goods trade with the EU will be governed following Brexit. However, as Thomas Sampson outlines below... Read more...
17 July 2017
Article by Nikhil Datta and Swati Dhingra The economies of Europe and the United States are inextricably linked and in an ideal world, a number of factors motivate a trade deal such as the Transatlantic Tra... Read more...
16 July 2017
Nicholas Bloom, a professor at Stanford University, was interested in the phenomenon of working from home, a particular mode of work that allows employees of a company to stay at home rather than going into sp... Read more...
A similar trend can be observed at the organizational level. A recent study by Erling Bath, Alex Bryson, James Davis and Richard Freeman has shown that the spread of individual wages since the 1970s is linked ... Read more...
14 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...
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...
Nicholas Bloom, a professor at the Stanford Graduate School of Business, conducted a study on a large, multi-thousand research group: employees of a Chinese travel company Ctrip. Have not you heard of her? Not... Read more...
12 July 2017
Working from home gets a bad rap. Google the phrase and examine the results—you’ll see scams or low-level jobs, followed by links calling out “legitimate” virtual jobs. But Stanford Gra... Read more...
“There are bigger potential gains from doing a deal with Europe than with the U.K. on its own, just because Europe is a bigger market,” said Thomas Sampson, an economist at the Centre for Economic ... Read more...
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...
“There are bigger potential gains from doing a deal with Europe than with the UK on its own, just because Europe is a bigger market,” said Thomas Sampson, an economist at the Centre for Economic Pe... 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
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
In the July episode of the #LSEIQ podcast we ask, ‘What can Brexit tell us about the white working class?’ One year on from the European Referendum, this demographic has been scrutinised for their ... Read more...
05 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...
04 July 2017
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...
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
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
In research appearing this week in Nature Human Behaviour, Kirk Bansak, Jens Hainmueller and Dominik Hangartner of Stanford’s Immigration Policy Lab asked 18,000 European citizens their opinions on the i... Read more...
28 June 2017
Article by Dr Swati Dhingra What form of relationship to have with the EU after Brexit is the key economic policy issue facing the UK. This election was meant to give the prime minister a strong mandate for... Read more...
Article by Thomas Sampson One year ago, the UK voted to leave the EU. However, voters did not choose what would come after Brexit. Options for “life after Brexit”: One option is to rema... Read more...
Under May's argument, Britain would drop out of the EU, immediately reverting to unfavourable WTO trade terms, if the country's negotiators failed to get an agreement seen as having favourable terms fo... Read more...
27 June 2017
Businesses that rely on low-skilled EU labour may face hiring difficulties, writes Jonathan Wadsworth Had things gone as most commentators expected, the UK would now be entering hard Brexit talks with the n... Read more...
“We asked people what kind of asylum system they want and what kind of asylum system they believe is fair, because back then [in 2016 when the survey was conducted], and still now, it is obvious that the... Read more...
26 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...
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
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...
Nick Bloom – a Stanford GSB expert shows how companies and employees benefit from workplace flexibility. Related publications Does working from home work? Evidence from a Chinese experiment, Nichol... Read more...
22 June 2017
"It's not a catastrophic madness, but the pound fell, investments decreased and inflation reached the highest rate in four years," said Swati Dhingra, economist at the Center for Economic Perform... Read more...
‘It’s not crazy catastrophic stuff, but the pound has fallen, investment is down, and inflation is up to a four-year high,” said Swati Dhingra, an economist at the Center for Economic Perform... Read more...
Swati Dhingra, of the LSE, said: “There is near consensus among economists that the hard – or chaotic – form of Brexit…would hurt the UK economy. Although there was little immediate ec... Read more...
But the greatest potential trouble is on Brexit, with the constitutional uncertainty growing and economists laying out this week just what a hard or chaotic Brexit could mean for the economy: the pound droppin... Read more...
21 June 2017
Many commentators are throwing out numbers about the negative impact of Brexit on GDP growth and income across Europe. The Center for Economic Performance has concluded that every EU member will lose income af... Read more...
20 June 2017
BrexitAlors que les négociations sur le Brexit s'ouvrent lundi, quel sort attend les plus de 3,6 millions d'Européens au Royaume-Uni?/ BrexitAlors that the negotiations on the Brexit open... Read more...
19 June 2017
Some also accuse European immigrants of having contributed to lowering wages. But according to Jonathan Wadsworth, author of a report on the subject for the London School of Economics, "All studies show t... Read more...
18 June 2017
Another recurring argument is that immigrants lower wages, a thesis that resists analyses. "All studies show that immigration has no impact on the wage level, or has it in a very marginal way," insis... Read more...
17 June 2017
Some also accuse the European immigrants have contributed to depress wages. But according to Jonathan Wadsworth, author of a report on the subject for the London School of Economics, "all the studies show... Read more...
‘EU referendum: One year on’. Report from The UK in a Changing Europe and the Political Studies Association, June 2017 Articles within the report: ‘Trade and the Single Market’, T... Read more...
16 June 2017
France and Spain sense an opportunity as top professors seek employment outside Britain Luis Garicano arrived in the UK a decade ago to take up the role of professor of economics and strategy in the departm... Read more...
15 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
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
Interview with Luis Garicano, head of citizen economy The same day he participates in a conference on the impact of Brexit at the Rafael del Pino Foundation, Luis Garicano (Valladolid, 1967) announces his p... Read more...
11 June 2017
Brexit supporters replicate that immigrants ' additional pressure on housing, schools and hospitals is not considered. Another recurring argument is that immigrants lower wages, a thesis that resists analy... Read more...
In total, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain part of the EU’s common market. Related publications ‘#GE2017Economists: The... Read more...
10 June 2017
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
Luis Garicano, a professor of Economics and Strategy in London, said he feared a lack of British tourists would hugely impact Spain's economy. Speaking at a Brexit conference in Spain, the professor said t... Read more...
08 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...
erall, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain in spite of Brexit part of the EU's common market. This, too, would incur costs, but in the c... Read more...
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...
SOME time ago Paxman's questions to Mrs May exposed effectively how ineffective she had been at the Home Office in dealing with immigration. She could not explain how Conservative policy has completely fai... 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
Article by Swati Dhingra Unlike some other countries – the US and France spring to mind – trade has not been a major issue in recent UK elections. This reflected both EU membership and a broad p... Read more...
The London School of Economics’ (LSE) Centre for Economic Performance last year found that “the areas of the UK with large increases in EU immigration did not suffer greater falls in the jobs and p... Read more...
Mrs May still seems to suggest that immigration should be kept under 100,000 a year while being just about the only person in the country who thinks that number should include students. Damage to university nu... 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
Article by Nicholas Bloom Translating the economic principles into common language is the passion of Nicholas Bloom, who describes his work as "bar economics" or "concepts that I can explain ... Read more...
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...
The LSE's Centre for Economic Performance said that returning to World Trade Organization rules would reduce the UK's trade with the EU by 40% over 10 years. Related publications CEP Election Ana... Read more...
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...
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...
Firstly, there is simply no evidence that EU immigration has impacted negatively on the living standards of UK workers. A new study by the London School of Economics (LSE) has shown that there is no apparent l... Read more...
04 June 2017
The election uncertainty will give way to new uncertainties. Two new reports from the Centre for Economic Performance (CEP) at the London School of Economics highlight some of the dangers. On immigration, the ... Read more...
Most independent experts predict long-term harm as well. According to the most recent estimates from the Centre for Economic Performance at the London School of Economics, a hard Brexit would reduce GDP per he... Read more...
03 June 2017
A recent study by the London School of Economics has blown apart a number of key myths around migration, saying: “Immigrants pay more in taxes than they take out in welfare and use of public services. UK... Read more...
02 June 2017
Article by Luis Garicano DONALD TRUMP and Theresa May may have done more to push Europeans together, and open up an opportunity for reform of its institutions, than any pro-European American president or Br... Read more...
Leaving the European Union with no deal in place for future trading arrangements would be the worst-case Brexit scenario for the UK economy. What’s more, just because GDP growth has not declined since la... Read more...
So the prime minister may have to choose between risking the economy (immigrants keep living standards up and the deficit down according to the London School of Economics) or missing her target. ... Read more...
01 June 2017
BREXIT has already started to make UK citizens poorer and more pain is likely in the months and years to come, a new study has warned. Although last year’s vote to quit the European Union has had “... Read more...
Although last year’s vote to quit the European Union has had “no obvious effect” on GDP growth, the collapse in the value of the pound – down 13 per cent against the US dollar and nine ... Read more...
A report by the LSE's Centre for Economic Performance said that returning to World Trade Organization rules would reduce the UK's trade with the EU by 40% over 10 years…Report authors Swati Ding... Read more...
Although last year's vote to quit the EU has had "no obvious effect" on GDP growth, the collapse in the value of the pound - down 13% against the US dollar and 9% against the euro by the end of l... Read more...
31 May 2017
Further reading Brexit and the UK Economy There are many ways to leave and the referendum did not allow voters to choose between them — Brexit does not simply mean Brexit. (LSE Centre for Economic Per... Read more...
May’s insistence that “no deal is better than a bad deal” is wrong, according to a report by the Centre for Economic Performance…. “In practice the no-deal outcome, where the ... Read more...
According to the Centre for Economic Performance, leaving the European Union with no pact in place would have twice the negative economic impact as remaining in the single market. That’s at odds with Pri... Read more...
Although last year’s vote to quit the EU has had “no obvious effect” on GDP growth, the collapse in the value of the pound – down 13% against the US dollar and 9% against the euro by th... Read more...
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...
30 May 2017
The LSE study also states that immigration is not to blame for lower pay and prospects of low skilled workers. Academics behind the research said lower pay and prospects for UK workers was the result of the 20... Read more...
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
Jonathan Wadsworth and colleagues at the London School of Economics showed convincingly that across UK local authorities from 2008-15, EU immigrants had no statistically significant impact on the rea... Read more...
26 May 2017
Article by Ross Levine; Yona Rubinstein ISSN 0033-5533, EISSN 1531-4650. Related publications ‘In brief...'Smart and illicit': the making of a successful entrepreneur’ R... Read more...
25 May 2017
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...
Higher price inflation as a result of sterling’s depreciation following the vote to leave the EU, coupled with nominal wage growth stuck at a norm of 2% a year, means that once again the UK faces falling... 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...
Recommends: Jobless recoveries: Exploring technology’s role – Georg Graetz, Guy Michaels - 13 mei Recoveries from recessions in the US used to involve rapid job generation, but job growth has... Read more...
14 May 2017
The assumptions of the Economists for Brexit group – now rebranded as Economists for Free Trade - were previously criticised as grossly unrealistic on other grounds, including ignoring the fact that coun... Read more...
19 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
Cited in ‘Research for REGI Committee – Building Blocks for a Future Cohesion Policy – First Reflections: Study’, Directorate-General for Internal Policies, Policy Department B – ... Read more...
09 April 2017
Article by Patrick Stewart. A recent report on the likely impact of Brexit from the London School of Economics has found that all EU countries will lose income after Brexit. The overall GDP fall in the U... Read more...
19 March 2017
The SCDI Forum – ‘Brave New Worlds? Economic Growth & Wealth Creation’ – will today (Thursday 16 March) consider the challenges and changes facing our economy, with presen... Read more...
17 March 2017
Europe, not Britain, is seen as having the most leverage going into the talks. "The party with the most to lose has the weakest position," says Dennis Novy, a University of Warwick economist, "a... Read more...
13 March 2017
Brexit constringerà the United Kingdom to rethink all its economic policies: from the labour market to industrial policy, from immigration to foreign trade. A commitment is certainly not trivial for the... Read more...
12 March 2017
Researchers Maarten Goos and Alan Manning posit in “Lousy and Lovely Jobs: the Rising Polarization of Work in Great Britain” that there is a general “hollowing out of middle income routine jo... Read more...
10 March 2017
Following Brexit, Dutch TV news has followed a consignment of orchids from Holland to Alton Garden Centre and visited last month's Garden Retail Summit. Dutch TV channel NPO1 (equivalent to BBC1) follow... Read more...
09 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...
08 March 2017
While skills shortages are a crucial element, they are not the only factor behind Britain's weak productivity, said London School of Economics researcher Anna Valero. Low business investment, a lack of foc... Read more...
The interview was about the negotiations on international trade between the UK and the EU that will follow once Article 50 has been triggered. In particular, the interview covered the strengths and weakne... Read more...
07 March 2017
During the passage of the European Union (Notification of Withdrawal) Bill in the Lords, research on the benefits from immigration at the Centre for Economic Performance (CEP) was mentioned. Also, LSE resea... Read more...
04 March 2017
England, one of our main trading partners is to get out of the EU. The British Prime Minister Theresa May this month officially advised the European Union of the British departure. Dutch entrepreneurs who do a... Read more...
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
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...
“Each business lobby is motivated — the worse you can make it sound at this point, the more likely your sector will get special treatment,” said Thomas Sampson, assistant professor of economi... Read more...
02 March 2017
Economists from the London School of Economics have estimated that the WTO route would cause an almost 10 per cent hit to UK GDP by 2030. Also in: The i Paper Failure to secure trade deal 'would o... Read more...
Last Friday, the LSE Growth Commission released a new report setting out a blueprint for inclusive and sustainable growth in the UK, which deals with both old and new challenges. Related publications ... Read more...
“Each business lobby is motivated -- the worse you can make it sound at this point, the more likely your sector will get special treatment,” said Thomas Sampson, assistant professor of economics at... Read more...
01 March 2017
Recent research by Paola Conconi, Maurizio Zanardi and their co-authors finds U.S. presidential elections tend to influence the timing of WTO dispute filings, especially those with economic interests in key el... Read more...
28 February 2017
Immigration has now been extensively studied: there is lots of excellent data that reveals robust conclusions over many different pieces of research. According to, for example, the London School of Economics C... Read more...
27 February 2017
…"more coherent and comprehensive than anything the government has yet come up with" Article on the LSE Growth Commission Report. Related publications 'UK Growth: A New Chapter',... Read more...
26 February 2017
Brexit is expected to spell the end of passporting, where firms seamlessly service the rest of the single market from their London hubs. That could herald a loss of more than 25 percent of the U... Read more...
24 February 2017
The U.K. government must ensure British financial-services companies don’t lose their ease of access to the European Union after Brexit as a “matter of urgency,” according to a report ba... Read more...
23 February 2017
During Lords debate on the Article 50 Bill, Lord McKenzie of Luton (Lab) mentioned LSE/CEP research: "One of the most profound choices that the Government are seeking to make is to eschew mem... Read more...
21 February 2017
Dennis Novy gave a live TV interview to Al Jazeera. The topic was the confirmation of Steven Mnuchin as the new U.S. Treasury Secretary. The interview covered the proposed U.S. tax reforms and how changes to f... Read more...
14 February 2017
The economic cost of Britain's exit from Europe could be quadruple original estimates according to MIT Economist, Professor John Van Reenen. Given all of the political flailing of arms and rhetorical sn... Read more...
10 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
Brexit, national income per capita in the UK to drop On June 23, a referendum MIT faculty member, Professor John Van Reenen advocated keeping Britain in the EU. ... 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...
“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...
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
Britain's economy made a decision after the brexit-lock braking. One-third of the companies that froze investment plans as a result of a decision. The collapse of the value of the pound sterling told the c... Read more...
26 January 2017
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...
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...
24 January 2017
Speaking to Daily Star Online, John Van Reenen, Professor of Economics at LSE, said Mrs May might be tempted to strengthen her hand in parliament. He said an election could boost her authority in both Houses, ... Read more...
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
El predominio de las firmas de menos de 10 empeados es in obstaculo para la productividad e internacionalizacion Article by Luis Garicano, Claire LeLarge and John Van Reenen The prevalence of firms of le... Read more...
22 January 2017
"Trade agreements are based on have something to give to receive something in return. "Nobody is doing charity here", explains Swati Dhingra, academic at the center of economic performance&... Read more...
20 January 2017
"Trade agreements are based on have something to give to receive something in return. No one is making charity here", explains Swati Dhingra, academic center of economic behaviour of the LSE. ... Read more...
19 January 2017
Swati Dhinghra commenting on free trade and Brexit. [Time: 08:00:24] ... Read more...
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...
Swati Dhingra interviewed. Speaking about Brexit and free trade. ... Read more...
18 January 2017
May’s speech suggests the UK is on course to aim for a bilateral agreement. Currently, countries like Switzerland pay around 40% as much as the UK’s contribution for EU membership for access on tho... 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...
"Currency markets are always volatile and can be affected by political and economic views," Dr. Thomas Sampson, associate professor at the Center for Economic Performance at the L... Read more...
With popular google search results ranging from “What is the EU” to “What will happen if we leave the EU” from Britain hours after the referendum, it is clear that Brexit was an unknowl... Read more...
11 January 2017
“There’s absolutely no controversy about gravity models,” said Swati Dhingra, assistant professor at the London School of Economics, also pointing out that gravity models are the subject of t... Read more...
10 January 2017
Four in ten leading economists are more pessimistic about Britain's future after Brexit, despite the buoyant economy since the vote, according to a new FT poll. While many are looking to 2017 for a spot of... Read more...
03 January 2017
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...
Further reading A derided expert speaks John Van Reenen, the outgoing director of the LSE’s Centre for Economic Performance takes no prisoners in a hard-hitting review of Brexit. Among ... Read more...
Slower economic growth also predicted to deter new migrants Question: ‘What do you think will happen to immigration?’ Stephen Machin, professor of economics, London School of Economics ... Read more...
02 January 2017
Contributing factors include weaker tax revenues and pressure to rein in cuts Question: ‘Do you think the government will need to borrow more than it has forecast in 2017?’ Stephen Mach... Read more...
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...
In our 2015 end-of-year review, John Van Reenen predicted that Britain was heading towards Brexit. The causes of the vote, the failures of the polls, and the “Brexit-Trump syndrome” were the topics... Read more...
31 December 2016
“The more likely a hard Brexit becomes, the bigger I think the business response will be in terms of reducing investment and firms relocating activity out of the U.K.,” said Thomas Sampson, a profe... Read more...
22 December 2016
An economist claimed Messi would be in prison now in the United States Economist Luis Garicano was recently elected by the Ciudadanos to take over one of the vice presidencies of the Party of the Alliance o... Read more...
20 December 2016
Prime Minister Mariano Rajoy’s decision to replace a party loyalist with an independent expert at the head of the markets regulator will help Spain lure companies seeking a new base after Britain le... Read more...
16 December 2016
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
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
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
Skills policies would ideally be co-ordinated with the government’s proposed new industrial strategy. “In the long-run, skills are really important for growth,” said Stephen Machin, co-chair ... Read more...
21 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
HUGE THREAT TO ECONOMY TO OVERSHADOW TORY BUDGET The Scottish National Party has said that the threat of a hard Brexit will be the ‘elephant in the room’ at the Autumn Statement. “The T... Read more...
The impact on productivity is as bad. The LSE (Centre for Economic Performance) suggests reduced trade will reduce productivity amounting to between 6.3 per cent and 9.5 per cent of GDP. This article was pu... 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 of the... Read more...
17 November 2016
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
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
Dr Swati Dhingra on BBC News (19:35) commenting on PM Theresa May's speech on remaking globalization. [No link available.] ... Read more...
14 November 2016
A study carried out by the Centre for Economic Performance at the London School of Economics shows that these students have a positive effect on the English students. "Data from the Catholic schools, w... Read more...
13 November 2016
We have gone back to the post-Brexit growth forecasts made earlier this year by six organisations – the NIESR, the Treasury, the OECD, the London School of Economics, the Confederation for British Indust... Read more...
07 November 2016
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
Pupils make substantially more progress in literacy if they follow a pen-and-paper course than if they take a similar programme online, new research has found. Researchers working with pupils in 51 primary schools found ... Read more...
28 October 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
The right way to leave the EU Article by Swati Dhingra On June 30, a week after the British public voted to leave the EU, Theresa May gave a speech launching her candidacy for prime minister in which she declared, ''Br... Read more...
21 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...
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...
The Economists for Brexit group claim Brexit 5 would deliver a UK growth boom by 2020. But economists at the London School of Economics say this is ideologically driven pseudoscience and that unilateral free trade would,... Read more...
Article by Barbara Petrongolo In the wake of Britains vote to leave the EU, the big debate has switched to what relationship the two should have post-Brexit. Top of the agenda is access to the single market and freedom ... 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...
Part 2/6 from six impossible ideas (after Brexit) Many people think that migrants take jobs away from citizens, reduce wages or both. But you may also have heard the argument that immigrants benefit the economy because ... Read more...
17 October 2016
Foreign direct investment is also much more economically potent than the domestic variety. It brings with it new technological and managerial knowhow that can dramatically boost productivity, according to London School o... 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
Economist Thomas Sampson told The Independent: ''It's important to remember that the exit bill would be a one-off payment and in the longer run it is likely to be dwarfed by the broader economic costs resulting from redu... Read more...
14 October 2016
The pound has lost nearly 18 per cent of its value against the dollar since Britain voted Brexit, two per cent more than during the 2008 financial crash. On Thursday it reached its lowest point for 168 years. ''Movements... Read more...
Dennis Novy interviewed. The topic was the leaked Brexit analysis from the Treasury and the economic implications of Brexit, in particular for international trade. This interview was broadcast by Al Jazeera Television ... Read more...
11 October 2016
Caller mentions research by the Centre for Economic Performance at around 01:11:05 Caller: ... not in many cases a cynical attempt on the part of employers to simply cheat workers by paying them the lowest wages that th... Read more...
09 October 2016
Following the referendum vote to leave the European Union, the UK faces a trade-off between retaining access to the Single Market and restricting free movement of labour. Barbara Petrongolo considers the likely impact of... Read more...
08 October 2016
Many government ministers have suggested that immigration is an obstacle to natives getting jobs. Jonathan Wadsworth takes up the home secretary's challenge to talk about immigration and how it may affect young people's ... Read more...
07 October 2016
[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
In a briefing sent afterwards, it was made clear that other measures to be considered would be, ''whether employers should have to set out the steps they have taken to foster a pool of local candidates, set out the impac... Read more...
05 October 2016
Academic studies also find little link between migration and unemployment. Economists from the Centre for Economic Performance at the London School of Economics say that when they look at the areas with the largest incre... Read more...
Economists see little to link migration and unemployment There is little evidence that migrants have displaced British workers from jobs. Indeed, the employment rate for UK nationals is now 74.6 per cent, the highest si... Read more...
A study by the London School of Economics published earlier this year found that EU immigration had no negative impact on British wages, jobs or public services. That research echoed the findings of countless other studi... Read more...
Brexiteers need to respect gravity models of international trade Furthermore, according to Swati Dhingra of the London School of Economics, gravity models do a good job of predicting actual trading relationships today. ... 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...
“The government doesn’t have a plan, and until it decides, it’s really hard for anyone to prepare,” said Thomas Sampson, a professor at the London School of Economics. “In the sho... Read more...
30 September 2016
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
According to estimates by the London School of Economics, Brexit will result in a 22 percent drop in direct investment into the British economy and a 3.4 percent drop in revenues. This article was published online by ... Read more...
27 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...
24 September 2016
EXCLUSIVE: An analysis by The Independent of official data suggests British exporters would face a cost of at least £4.5bn - and in all likelihood they would take a hit many times larger A separate analysis by th... Read more...
23 September 2016
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
With a major question mark: foreign groups continue to invest in the country? The Centre for Economic Performance at the London School of Economics estimated that membership of the EU has indeed increased foreign direct ... Read more...
21 September 2016
Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union. Ten weeks after the vote, though, some say the fearmongering was overdone. Although the pound has fall... Read more...
18 September 2016
There have been major changes to Ireland's apprenticeship system over the past few years, and now the overall number of apprentices is expected to increase to about 10,700. And, although Ireland's apprenticeship system i... Read more...
13 September 2016
Dennis Novy interviewed on the state of the British economy after the EU Referendum, and on the prospects for UK international trade negotiation. The interview was recorded by 1 Das Erste (German Public TV Channel) on ... Read more...
11 September 2016
Swati Dhingra, one of those who forecast severe damage to the economy, says the danger hasn't past. Warnings about the impact of Brexit were focused on what might happen when Britain leaves the EU, and that won't happen ... Read more...
07 September 2016
See this study by Joao Paulo Pessoa and John Van Reenen. This article was published online by the Bloomberg Gadfly blog on September 2, 2016 Link to article here Related Publications Decoupling of Wage Growth and... Read more...
02 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
Dennis Novy was interviewed live on LBC radio with Nick Ferrari on 24 August 2016. The topic was Brexit and whether we should have a second referendum. The background was Owen Smith's announcement of having a second refe... Read more...
24 August 2016
Even after the Brexit, Britain will seek economic ties to the EU. But what options are there? What are the costs? And how likely they are? The economists Swati Dinghra and Thomas Sampson of the London School of Economic... Read more...
23 August 2016
Brexit will be deeply damanging to Scotland's economy, warns Nicola Sturgeon. ...by the Treasury, the National Institute of Economic and Social Research and the London School of Economics' Centre for Economic Performanc... Read more...
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
Article by Brian Bell and Stephen Machin Wage inequality was partly behind the vote for Brexit. This column shows how areas with relatively low median wages were substantially more likely to vote ‘Lea... Read more...
16 August 2016
Beyond the territorial politics, Brexit has brought to the boil a long simmering tension between the UK's economic and political imperatives. The importance to the UK economy of the single European market in goods and se... Read more...
15 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...
Nothing off the table in Brexit negotiations says Centre for Economic Performance's Swati Dhingra. This interview was broadcast by BBC Sheffield (Radio) on August 13, 2016 Link to broadcast here Related publicatio... Read more...
13 August 2016
Throughout the referendum campaign, experts raised serious, well-founded concerns about the potential for Brexit to cause serious economic harm. These went unanswered, because the Leave camp had no answers to offer. Inst... Read more...
10 August 2016
The IFS estimate that single market membership could be worth 4 per cent of GDP by 2030 - or £75bn in today's money But the IFS estimates that retaining single market membership could be potentially worth 4 per ce... Read more...
09 August 2016
The reputed Centre for Economic Performance at LSE has long been studying the potential impact of the United Kingdom leaving the European Union, and just this last week it published its latest report. This report focuses... Read more...
05 August 2016
Article by Swati Dhingra and Thomas Sampson The UK should join the EEA and remain part of the single market, write Swati Dhingra and Thomas Sampson The UK has voted to leave the EU, but not in favour of any specific a... Read more...
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
John Van Reenen of the London School of Econimics forecast costs of Brexit before vote was held One of the UK's top economists has issued a stark warning about the possible economic and social implications of Brexit for... Read more...
John Van Reenen was disappointed but not surprised by the UK's vote to Leave the EU. Whilst his own research predicts serious economic and political damage in the case of Brexit, he thought a Leave vote was a real possib... 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...
We are joined by Swati Dhingra to give us an expert view on the migrant spike. The interview was broadcast by the Voice of Islam Radio on August 2, 2016 Link to the show podcast here Related publications Brexit and... 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...
The June 2016 Brexit referendum saw British voters reject membership of the European Union. Now that a decision has been made, it is time to look forward and find the best solutions for the future of both the UK and the ... Read more...
01 August 2016
The 23 June 2016 Brexit vote saw British voters reject membership in the European Union. This column introduces a new VoxEU eBook containing 19 essays written by leading economists on a wide array of topics and from a br... 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 will the arrangement with the EU be? In this video, Swati Dhingra discusses introducing a temporary Norway-like deal. This video is part of the ''Econ after Brexit'' series organised by CEPR and was recorded on 14 J... Read more...
29 July 2016
Swati Dhingra quoted on the impact of Brexit and likely effect on migration. This interview was broadcast on BBC Asian Network on July 27, 2016 Link to broadcast here Related publications Brexit and the Impact of... Read more...
27 July 2016
Professor Curran said said non-tariff barriers could raise costs for NI farmers by between 2% and 4% and a recent study by the Centre for Economic Performance (CEP) found that a 2% increase in non-tariff barriers could a... Read more...
Interview with Swati Dhingra on the economic impact of Brexit. The interview was broadcast on BBC Radio 5 Live on July 27, 2016 Link to the programme here Related publications See the complete CEP Brexit Analysis Ser... Read more...
Professor Michael Curran, an economist at Villanova University in Pennsylvania, said that while the UK's decision to leave the EU was ''unambiguously bad'' for Ireland and the UK as a whole, Northern Ireland would be har... Read more...
Brian Bell and John Van Reenen of the London School of Economics' Centre for Economic Performance have carried out a similar exercise looking at top bosses' pay at 500 large listed UK companies between 1999 and 2014. Unl... Read more...
There could be a spike in UK migration ahead of Britain's withdrawal from the European Union and the possible end to free movement rights, MPs have warned. Dr Swati Dhingra, from the London School of Economics, told B... Read more...
Before Britons voted to leave the European Union, Swati Dhingra, an assistant professor of economics at the London School of Economics, wrote a series of papers with her colleagues trying to convince them otherwise by po... Read more...
26 July 2016
Ethiopia is likely to be one of the fastest growing markets for western exporters in the next five years, while erstwhile emerging market heavyweights Brazil and South Africa offer paltry growth. Perhaps less surprisingl... Read more...
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
Britain's decision to leave the European Union (EU) has prompted international conversation about the economic implications. But widespread interest doesn't mean widespread expertise. Economists tell i about some of th... Read more...
21 July 2016
''Brexit makes the UK a less attractive environment for investment, in particular for businesses that rely on the British approach to the single market,'' said economist Thomas Sampson for Mashable. ''Some companies are... Read more...
20 July 2016
A couple of thoughtful pieces to throw into the melee post-referendum. First Tim Harford in today's FT And to the idea that economists don't know what they are talking about (a new broadly held myth scaled up by the fac... 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...
Ahead of the Brexit vote, the great transnational institutions that have come to, if not govern, then certainly guide the post-World War Two order were all out talking apocalypse. Britain will ''almost certainly... Read more...
Finally, there is the low reputation of economists, the result of a global financial crisis that only a few in the profession warned us against. But the institutes that analysed the risks and rewards of Brexit can hardly... Read more...
19 July 2016
The UK Chamber needs to know the details because member shipowners gain their revenue from trade; however, Dr Swati Dhingra, lecturer at the Centre for Economic Performance at the London School of Economics, brought litt... Read more...
The dominant narrative suggests it was a 'howl of pain' about immigration, stagnant wages and an out-of-control housing market - but figures suggest that's not really true Statistical work by the labour economists Brian... Read more...
17 July 2016
Wage inequality was partly behind the vote for Brexit. In this video, Brian Bell argues that the consequences of Brexit should be evaluated across the income distribution. This video is part of the ''Econ after Brexit'' ... Read more...
14 July 2016
Immigration was at the heart of the Brexit debate. In this video, Barbara Petrongolo discusses different policies the UK could implement in terms of immigration. This video is part of the ''Econ after Brexit'' series org... Read more...
Various analysis have shown that Brexit will adversely affect Britain's economy. According to the Centre for Economic Performance, LSE, Britain's economy will decrease by 1.3 per cent to 2.6 per cent without considering ... Read more...
12 July 2016
You may have heard the jokes about economists equivocating and squabbling. Ronald Reagan had the best one, about an edition of Trivial Pursuit designed for economists: ''There are 100 questions, 3,000 answers.'' John V... Read more...
Two weeks ago, UK voters took the most important economic decision in a generation. The factual basis for this decision was - to say the least - not quite up to the nation's highest standards of evidence. ... The fragme... 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
Article by Monica Langella and Alan Manning This article reports the result of an exercise in which the vote share for Leave in the 380 areas of England, Wales and Scotland are regressed on a variety of area characteris... Read more...
07 July 2016
Confusion reigns ... belonging to Europe forced Britain to accept internal migratory movements, students, workers, entrepreneurs, family. Between 1995 and 2015, the number of foreigners from other EU countries increase... Read more...
06 July 2016
Individual demographics had a huge effect in determining the outcome of the referendum, but the characteristics of local areas mattered as well, explain Monica Langella and Alan Manning. Immigration, the decline in manuf... Read more...
Overall, Brexit is likely to have a negative impact on inward FDI. New empirical analysis by Center for Economic Performance implies that leaving the EU will reduce FDI inflows to the UK by around 22 per cent. Such losse... Read more...
03 July 2016
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
For many it is a windfall: according to the research of the Centre for Economic Performance, a research centre, EU migrants are more likely, compared to the local population, to have received a university education or to... Read more...
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...
Economists and political analysts have debated over the long-term effects of the vote on the future of the British economy. Prior to the referendum many warned that Brexit could have dire consequences for Britain, includ... Read more...
30 June 2016
Customs return seems unlikely, according to a recent study (November 2015) of the Center for Economic Performance at the London School of Economics who bet on the establishment of a free trade agreement. ''However, an in... Read more...
29 June 2016
But the Centre for Economic Performance at the London School of Economics sees lasting consequences: the separation of the United Kingdom would without a doubt have a negative impact on foreign direct investment, who the... Read more...
Less than a week after Briton's voted to exit the EU, the worlds second largest telecom company [Vodafone] has announced it is considering moving its headquarters from London to mainland Europe. Vodafone's warning could... Read more...
Top-Okonomen wie John Van Reenen (London School of Economics) erwarten allein durch die Unsicherheit eine sofortige Abkuhlung des Wachstums. Top economists such as John van Reenen (London School of Economics) expect an ... Read more...
28 June 2016
...resultatet av folkomrostningen. Gianluca Benigno, ekonomiprofessor vid London School of Economics, sager att han forst... ...the result of the referendum. Gianluca Benigno, economics professor at the London School ... Read more...
... We could look at the superb work of John Van Reenen and colleagues at the London School of Economics(LSE), of Nick ... This article was published online by The Times on June 28, 2016 Link to article here Related... Read more...
UK's EU exit will make transatlantic trade talks even tougher. ''There's every reason to believe that the right-wing lurch of Brexit could turn the U.K. into a paradise for free market capitalism: a TTIP on steroids,'' ... Read more...
The Prime Minister must now be regretting including the in/out referendum in his earlier election manifesto pledges to win over the far-right votes. Not taking lessons from the close call in the Scottish referendum, he g... Read more...
British unemployment shows the transition graph of the influx immigrants. 2005-2010 immigrant unemployment rate is rapidly increased rather than fell. ©Jonathan Wadsworth, Center for Economic Performance. [Text wit... Read more...
27 June 2016
In the months leading up to Britain's referendum on whether to leave the European Union, many economists warned over and over again that a ''Brexit'' could have awful ripple effects: Britain could lose its favorable acce... Read more...
Meanwhile, Director of the Center for Economic Performance at the London School of Economics, John Van Reenen tell Brexit will give a significant impact in the short-term period. ''Impending situation where business refu... Read more...
FRIDAY was the day when international markets absorbed the shock of the British vote to leave the European Union; a vote that few investors had anticipated. But today, market focus shifted back to the places where the vo... Read more...
Parecidos resultados obtiene para los mismos escenarios el informe del Centre for Economic Performance de la London School of Economics In the three cases the fall of GDP in per cent, following the same order, would be ... Read more...
- Lehman-kraschen kom fran ingenstans, sager John Van Reenen, London School of Economics till New York Times. Det har ar som en tagolycka dar du kan se tagen komma mot varandra pa avstand men hoppas att de ska kunna sty... Read more...
To some Professor Luis Garicano of the London School of Economics is a leading expert in the fields of productivity and industrial organisation, but to many he's the man Queen Elizabeth asked: ''Why did no one see it com... Read more...
We were told that the consensus of economic experts were overwhelmingly opposed to a Brexit. Lauded institutions - from the IMF, OECD to the Treasury and London School of Economics - produced damning forecasts that ran... Read more...
Millions of words on the topic - including economists' majority view that leaving the bloc will slow growth and the Leave campaign's counterarguments that Britain will prosper - could be replaced by seven charts. The... Read more...
''IMMIGRATION, immigration, immigration'', shouted a headline in the Sun, a right-wing tabloid newspaper, the week that Britain voted to leave the European Union. It followed weeks of campaigning from the Leave side assu... Read more...
John Van Reenen, Professor at the London School of Economics, said on Friday in an interview issued by the American channel CNBC that the companies ''will not want to take investment decisions because they have uncertain... Read more...
26 June 2016
Why did so many millions of people vote to leave the European Union? ... Some new research by the labour market economists Brian Bell and Stephen Machin, seen by The Independent, suggests the Leave vote tended to be big... Read more...
What does the UK's decision to leave the European Union mean for the future of the single market? Economists talk of sustained market turbulence, devaluations and an imminent recession, but will it be Britain or the ... Read more...
According to John Van Reenen, Director of the Center for Economic Performance who said: "the same phenomenon will occur as being ''dubious'' in a period when businesses don't like to take new decisions or new invest... Read more...
25 June 2016
In an interview to CNBC, John Van Reenen, director of the Centre for Economic Performance at the London School of Economics said the short-term impacts would be painful: ''You get a rabbit-in-the-headlights phenomenon wh... Read more...
Now that the UK has voted to leave the EU, one of the biggest remaining questions is how it will affect the British economy. Hari Sreenivasan sits down with London School of Economics professor Swati Dhingra, who has bee... 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...
Last night, as it became clear that Britain had voted to exit the European Union, Google Trends reported a 250 percent spike in searches for ''what happens if we leave the EU?'' Markets are crashing around the world, Pr... Read more...
24 June 2016
According to an analysis, Brexit and the impact on immigration, published by the Centre for Economic Performance at the London School of Economics, EU immigrants are ''more educated, younger, more likely to be in work an... Read more...
The decision left the United Kingdom society of the European Union does indeed have fueled new uncertainty. ''Businessmen reluctant to take new decisions or affect investments, because of the uncertainty for the future,'... Read more...
First views on the global economic impact of such episode refer to one (even minor) world growth rate. Thus for example claimed John Van Reenen of the London School of Economics, who said the effect ''disincentive'' to i... Read more...
In crudest outlines, the panic that followed Britain's vote to quit the European Union traced the 2008 collapse of Lehman Brothers, an event that turned an unfolding financial crisis into the bleakest economic downturn s... Read more...
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...
''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...
Whenever share prices fall significantly investors should ask: is this because future dividends will be lower, or is it because risk aversion has increased? ... So, which of these explanations applies to the post-Brexi... Read more...
Thomas Sampson, economiste a la London School of Economics, est coauteur d'une etude sur le cout du Brexit pour les menages britanniques. Thomas Sampson answers questions on the possible consequences of a vote for Brex... Read more...
Minford said that the economy would be more dynamic and more efficient now that we're out of the EU. Swati Dhingra disagreed, saying that the economy would suffer because of a shallower pool of talent from other EU co... Read more...
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...
The world map has been redrawn with the rules of commerce across Europe, the largest marketplace on earth. Britain's vote on Thursday to leave the European Union has set in motion an unprecedented and unpredictable proce... Read more...
Dennis Novy interviewed by Turkish TV News Channel, discussing the economic impact for the UK of the Brexit vote. This interview was broadcast by TRT World (Turkey) TV on June 24, 2016 Link to the broadcast here S... Read more...
Swati Dhingra: ''Europe doesn't matter a good deal with the United Kingdom in the case of Brexit'' The British economy will go down between 1.4% and 2.6% in pessimistic scenario. And life won't be made easier with havin... Read more...
23 June 2016
Brexit: whatever happens, uncertainty is the only certainty Il LSE Centre for Economic Performance ha esaminato l'analisi economica del prof. Patrick Minford, celebre economista pro-Brexit, e l'ha bocciata senza appello... Read more...
Few expect that Britain's departure from Europe will set off a full financial crisis like the one seen after the collapse of the investment banking giant Lehman Brothers in 2008. ... If no deal is struck, the rules of t... Read more...
Paul Henry talks with Adam Drummond, Opinium research manager, followed by Swati Dhingra, lecturer at the London School of Economics, on the Brexit. How are the polls looking, and what economical fallout could face the U... Read more...
Research by the London School of Economics in the report ''Life After Brexit'' is warning Britain would most likely fall into recession if it leaves, as a myriad of agreements unravel over several years. French launch #O... Read more...
By the end of the campaign, the heads of Britain's most respected economic think-tanks issued a joint statement, so worried were they that the message had failed to connect. Paul Johnson, head of the Institute for Fiscal... Read more...
A feeling of anger and frustration with the European Union is strongest in areas of Britain that have seen wages stagnate in recent years, according to research commissioned by the Financial Times. Two leading labour... Read more...
The whole world is eager to know the result of Brexit poll on Thursday. The result could have far economic consequences for the EU and the rest of the world. The greater consequences are more subtle, gradual, and global.... Read more...
Dennis Novy interviewed on live programme broadcast by Canadian TV news channel, focusing on the economic impact of a Brexit vote. This interview was broadcast by CTV News (Canada) on June 23, 2016 Link to broadcast ... Read more...
Meanwhile, the Institute for Fiscal Studies, the National Institute of Economic and Social Research and the Centre for Economic Performance issued a final joint warning that Britain will ''almost certainly'' be worse off... Read more...
22 June 2016
If Brexit passes, Britain will change considerably: border controls may be enacted for Northern Ireland for the first time in nearly a century, immigration to the UK would be sharply curtailed, and Britain's economic str... Read more...
Foreign investment brings many benefits to the UK, including higher pay and productivity. But a Brexit vote could end it all, write Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. First, not being... Read more...
There is little evidence to support the former. Roughly 2.2 million EU nationals work in the UK, comprising 6.6% of the workforce, according to the FT report. Another report from the London School of Economics and Centre... Read more...
The UK Treasury's estimate forecasts trade volumes declining by between 14% and 19% by 2030 in comparison to their current trajectory, on the assumption that the UK agrees a bilateral trade deal with the EU similar to th... 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...
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...
A Leave vote in tomorrow's referendum would ''almost certainly make us financially worse off'' and could cut the UKs GDP by up to 8% - equivalent to £5,760 for every household in the country - a group of respecte... 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...
Professor John Van Reenen, Director of the Centre for Economic Performance on panel discussing the economics of Brexit. The discussion was broadcast by Sky News at 10pm on June 22, 2016 Link to broadcast here Relate... Read more...
The Institute for Fiscal Studies (IFS), National Institute of Economic and Social Research (NIESR) and Centre for Economic Performance (CEP) ... This article was published online by Juice Brighton (Radio) on June 22, ... Read more...
Facts appear not to be a major priority for many Leave voters. That is clear when you look at science. In a ComRes poll of 1,616 prospective voters, Leave supporters were revealed to be much more likely to question scien... Read more...
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...
Three leading economic institutes have made a joint statement about what they think will happen if we leave the EU. We have published what they said below. Here's what the IFS, NIESR, and the Centre for... Read more...
21 June 2016
Dr Swati Dhingra from the Centre for Economic Performance's Trade Programme video on the possible regulatory autonomy and alternatives to EU membership. Filmed as part of a panel discussion - The EU and the UK: 'the wro... Read more...
The heads of three leading economic think-tanks warned of the dire consequences of leaving the EU. The analysis by National Institute of Economic and Social Research, Institute for Fiscal Studies and Centre for Economic ... Read more...
Three UK economic think tanks issued their final warning about the countrys post-Brexit future just days before the referendum on EU membership, local media reported Tuesday. MOSCOW (Sputnik) - The think tanks includ... 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...
As the rival campaigns entered the final straight, independent economists from three of Britain's leading institutions issued a final warning that a vote for Brexit would hit wages and lead to higher retail prices and bo... Read more...
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...
The economic consequences of leaving the EU have been a central focus of the referendum campaign. As June 23 draws near, Jagjit Chadha, Paul Johnson and John Van Reenen bring together the conclusions from their research ... Read more...
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...
According to Thomas Sampson, assistant professor at the Department of Economics, London School of Economics and Political Science (LSE), an exit scenario would hit the country's economy really hard. Talking to Sputnik, h... Read more...
20 June 2016
The UK is also the top destination for foreign direct investment in Europe and ranked as one of the most attractive FDI markets in the world. But investment would tumble at least 22 per cent over the next decade in the e... 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...
Three leading British economists have warned that leaving the EU would 'almost certainly' damage the UK's economic prospects. The trio, Jagjit Chadha, the director of the National Institute of Economic and Social Resear... Read more...
Thomas Sampson is from the London School Of Economics and has recently authored a paper called, Economists for Brexit: A Critique. He says Britain would be stronger by remaining in the EU. This interview was broadcas... Read more...
19 June 2016
The most serious problem of staying outside any EU trade agreement is the serious impact this might have on foreign direct investment into the UK. Being in the single market makes the UK attractive as a base for exporter... Read more...
Thomas Sampson interviewed on what may happen following a vote for Brexit. The interview was broadcast on the Last Week Tonight with John Oliver show on June 19, 2016 Link to broadcast here [Interview begins at 10:33] ... Read more...
All or nothing at all What sort of deal might that new leader try to get? Some want no deal at all. A group called Economists for Brexit (EFB) suggests simply abolishing all import tariffs. The ensuing rise in trade, ... Read more...
18 June 2016
...leaving the EU would damage the UK economy and says Swati Dhingra of the London school of economics that's true even if we accept Patrick ... This interview was broadcast by BBC Radio 4 on the More or Less program... Read more...
In addition, ''agreements with third countries would be predictably less beneficial for the United Kingdom if it negotiated them alone rather than as part of the European Union,'' he told Dr Swati Dhingra, Economist at t... Read more...
Then there is the question of the effect on Britain's trade with other regions if it is no longer governed by agreements negotiated by the European Union. Eurosceptics assume those agreements dilute Britain's interests b... Read more...
17 June 2016
As June 23 looms closer and closer and Britain makes the ultimate decision whether it should stay in the European Union or go it alone, a recent thorough analysis by Holger Breinlich, Swati Dhingra, Thomas Sampson and Jo... Read more...
A different approach is to estimate how prices for different things would be affected, and then compare this to spending patterns across different income brackets and household types. Using this approach, the ... Read more...
16 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...
The failure to make a case for the E.U. had left a big opportunity for Johnson and Nigel Farage, the head of the U.K. Independence Party, to argue that Britain doesn't get anything out of its membership except bureaucrat... Read more...
Last year, a report from the Bank of England supported his comment, suggesting that the wages of low-paid employees in catering, hospitality and care have been driven down by increased competition from EU workers. How... Read more...
15 June 2016
The thinking behind the predictions about Britain's future outside the EU Very costly in all scenarios: Centre for Economic Performance The prediction: A hit to trade in all likely scenarios will bring GDP 6.3-9.5 ... Read more...
Relevant studies, among other things by the Bertelsmann Foundation in collaboration with the Ifo Institute, the Center for economic performance at the London School of Economics and the rating agency Standard & Poor's, c... Read more...
14 June 2016
Experts at the Treasury, the National Institute of Economic and Social Research (NIESR), and the London School of Economics have all found that remaining a part of the EEA would pose the least severe economic risk to the... Read more...
11 June 2016
A bad few days for the image of Britain's retail sector PARLIAMENTARY committees are normally sleepy affairs. Backbench MPs get the chance to grill the occasional bigwig. By replying to questions succinctly witnesses ty... Read more...
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...
10 June 2016
What consequences will Britain's EU referendum have for both the UK and the rest of Europe? In a series of papers published as a collaboration between EUROPP and CIDOB (the Barcelona Centre for International Affairs), LS... 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...
Economists for Brexit, argues that such an alternative exists. It rejects post-exit deals with the EU and instead recommends unilateral free trade and reliance for market access on the rules of the World Trade Organisati... Read more...
The London School of Economics' Centre for Economic Performance calculates long-term costs to Britain of lower trade with the EU could be as high as 9.5% of GDP. Leave campaign-supporting economists have as yet not done ... Read more...
''There's too much wrong information'' Interview with Swati Dhingra How will the British vote on June 23? Swati Dhingra, lecturer in economics at the London School of Economics, has examined the possible effects of a B... Read more...
07 June 2016
In this week's EU referendum Q&A our panel discuss how a Brexit could affect the costs facing UK businesses: Would UK businesses be more or less competitive in the global market if we choose to leave? Swati Dhingra ... Read more...
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
That leaving the EU would damage the overall economy is now being treated as more of a fact than a speculation. But those for Brexit argue that the rich will be negatively affected while the poor will benefit. This is no... Read more...
03 June 2016
Even aside from the economic consequences of a Leave vote (and read this LSE demolition of the Brexit case), the immediate future for Britain could be very ugly indeed. This article was published by The Economist on... Read more...
Middle and low income households will be poorer because of Brexit - not just the rich, write Holger Breinlich, Swati Dhingra, Thomas Sampson and John Van Reenen. This article was published online by the LSE Business Re... Read more...
02 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...
Myth: EU immigrants are taking Brits' jobs InFact: Researchers at Oxford, the LSE and NIESR agree; immigration doesn't affect British employment. Meanwhile, Brexit would hit jobs. Intuitively, if immigrants are takin... Read more...
01 June 2016
Stop everything! According to the OECD, the forum of economic reflection of developed countries, the United Kingdom would lose 5% of its GDP in the 15 years to come slamming the door of the European Union. Treasury, Brit... Read more...
Also in the programme, just three weeks from the British referendum on leaving the European Union, we bring together two leading economists, Roger Bootle of Capital Economics, and Professor John Van Reenan from the Londo... Read more...
The claim: Trade union umbrella body the TUC says leaving the EU would cut average earnings by £38 per week by 2030. Reality Check verdict: The TUC has taken other bodies' forecasts that leaving the EU would lea... Read more...
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...
The LSE's Centre for Economic Performance said earlier this month that a reduction in immigration into the U.K. if the country votes for a Brexit wouldn't lead to any improvement in living standards for those born in Bri... Read more...
31 May 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
The EU referendum debate has started to focus on the economic fallout of a leave vote for the UK - and also for Europe. Research from the Organisation for Economic Co-operation and Development (OECD) released in April su... Read more...
...financial arguments in favour of leaving the EU. The report by the London School of Economics and Political... This article was published by the Lancashire Evening Post on May 30, 2016 (no link available) Relat... Read more...
What issues have the greatest negative impact on UK businesses? Both sides of the debate have argued that there is either too much or very little EU red tape. These confusing arguments haven't helped to clarify the ... Read more...
Britons would benefit from lower prices if the U.K. left the European Union, according to Patrick Minford, a professor at Cardiff University and co-chairman of Economists for Brexit. According to Minford, t... Read more...
27 May 2016
The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acrimony and rancour surrounded debates around austerity and joining the euro, but analysis from th... Read more...
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
''The pro-Brexit argument that Britain will be free of lots of regulations, that there will be a bonfire of red tape that will cause us to grow rapidly and we'll strike lots of new trade deals as this buccaneering new En... Read more...
The most recent research from the centre for economic performance at the London School of Economics says ''the areas of the UK with large increases in EU immigration did not suffer greater falls in the jobs and pay of UK... Read more...
The UK will soon vote on whether to end its 43-year membership in the European Union. Opinion polls suggest the vote is too close to call, with the ''stay'' and ''leave'' side switching leads on a regular basis, and this... Read more...
19 May 2016
Prof John Van Reenen, director at the Centre for Economic Performance at the London School of Economics, says that while it may be tempting to assume that Europeans are taking jobs that might otherwise go to British work... Read more...
Jane Collins, employment spokesman for the pro-Brexit United Kingdom Independence party, said the 2.1m EU nationals working in Britain were ''a huge boon to multinational companies who can exploit the oversupply of labou... Read more...
18 May 2016
However, if there is one thing we as investors don’t like, it is economic uncertainty. As several important bodies have said — the International Monetary Fund, Bank of England, London School of Economics, the Treasury an... Read more...
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...
Two issues dominate the EU referendum debate: economics and immigration. When it comes to my field of economics, polling evidence suggests that if people became convinced that they would be worse off by leaving, even if ... Read more...
17 May 2016
The London School of Economics' Centre for Economic Performance calculates the long-term costs to Britain of lower trade with the EU could be as high as 9.5 per cent of GDP, while the fall in foreign investment could cos... Read more...
The London School of Economics' Centre for Economic Performance calculates that the long-term costs to Britain of lower trade with the EU could be as high as 9.5% of GDP, while the fall in foreign investment could cost 3... Read more...
16 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...
...of England, the Organisation for Economic Co-operation and Development, London School of Economics and Confederation of ... This broadcast was made by Wessex FM on May 14, 2016 (no link available) Related publ... Read more...
14 May 2016
The prime minister, campaigning in his Oxfordshire constituency, said people had 40 days to make up their minds about which side to take in what would be ''the choice of a generation''. Urging people to take on board war... Read more...
A major argument of the Leave campaign is that Brexit would give the UK more control over the flow of EU immigrants, who have supposedly hurt the jobs and pay of British workers. Research by Jonathan Wadsworth, Swati Dhi... Read more...
13 May 2016
According to various studies at the Centre for Economic Performance (CEP) of the London School of Economics, Brexit does reduce the fiscal deficit. That would be, according to CEP, the main benefit. The principal cost wo... Read more...
EU immigration to the UK has not harmed British peoples' access to jobs, public services or incomes, a major study has concluded. The report, by the London School of Economics, has dispelled a number of 'myths' or miscon... Read more...
12 May 2016
Brexit uncertainty ''would tend to push up risk premia'', as InFacts has already pointed out. Funding costs for banks could go up, as would borrowing costs for homeowners and consumers. The UK's current account deficit i... Read more...
There is little evidence that more migrants push wages down or unemployment up. Economists from the Centre for Economic Performance at the London School of Economics say that when they look at the areas with the largest ... Read more...
I've become extremely pessimistic about the Leave campaign lately as it has latched on to Faragist arguments about immigration as a major reason to get out of the EU. This is not just naive liberalism - on virtually eve... Read more...
Article by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen This morning's national insurance figures have further stoked the debate about immigration, and the extent to which leaving the EU wo... Read more...
Article by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen Many people believe immigration wave has hurt UK workers and think that leaving the EU would make things better. To investigate this ... Read more...
11 May 2016
In another development, the London School of Economic said a reduction in immigration if the country votes to leave wouldn't lead to any improvement in living standards for those born in Britain. ''Cuts in EU immigration... Read more...
Research blames 2008 recession for lower real salaries rather than rise in foreign workers, adding they paid more into UK economy than they took out The rapid increase in migration from other EU countries has not had an... Read more...
Contrary to what some believe, inequality, wages and job opportunities for British-born citizens have not been negatively impacted by the recent surge in migrants from the EU, a new study suggests. Published by the... Read more...
Article by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen A major argument of the campaign to leave the EU is that Brexit would give the UK more control over the flow of immigrants from acros... Read more...
State of Working Britain blog, article posted by Jonathan Wadsworth Immigration has for some years been the uppermost worry among the issues thought to be facing Britain in many opinion polls so it - or rather people's... Read more...
A reduction in immigration into the U.K. if the country votes to leave the European Union next month wouldn't lead to any improvement in living standards for those born in Britain, according to research from the London S... Read more...
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
The economist putting Brexit into context: meet Swati Dhingra To take a closer look at the implications of 'Brexit', I asked Assistant Professor Swati Dhingra, of the Department of Economics and Centre for Economic Perf... Read more...
07 May 2016
Dennis Novy interviewed, speaking about the true cost of Brexit - how British expats are divided over Brexit. The interview was recorded and broadcast by DW Business News on May 5, 2016 Link to broadcast here [intervi... Read more...
05 May 2016
A large-scale study tracking the progress of more than 270 000 students has concluded that teaching reading through a synthetic phonics programme has long-term benefits for children from poorer backgrounds and those who ... Read more...
04 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
As an economist, diplomat and secretary-general of the OECD, you might expect Angel Gurria to offer a dry, academic assessment of global issues. Not when it comes to Britain leaving the European Union. On Wednesday, ... Read more...
28 April 2016
A UK exit from the EU would immediately hit confidence and raise uncertainty which would result in GDP being 3% lower by 2020, which equates to GBP 2200 per household. An OECD report released this morning states that suc... Read more...
A group of eight well known economists have released a report under the banner of Economists for Brexit, explaining how they think leaving the EU would be good for the UK economy. They predict that, in 2020, the UK ec... Read more...
Today eight economists have struck out against much mainstream economic thinking and suggested that the UK economy would flourish outside the European Union. They are up against formidable opposition - what those who su... Read more...
The consensus among economists that Britain's departure from the EU would damage its economy was broken on Thursday with the publication of a pamphlet from Economists for Brexit. This rejected the ''economic nonsense'' o... Read more...
The Brexiteers' economic case has taken a real kicking in the last few weeks. The International Monetary Fund, the Treasury, the OECD, the London School of Economics and President Barack Obama have all put the boot in. ... Read more...
''Leaving the EU would impose a Brexit tax on generations to come,'' says OECD Secretary-General Angel Gurria. ''Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit.'' ... Read more...
The OECD published a report analysing the economic consequences of a UK exit from the EU. Presenting the findings of the report at the London School of Economics this morning, Gurria described the impact of leaving the E... Read more...
27 April 2016
Mention of OECD Brexit event hosted by CEP. The news item was broadcast by Channel 4 News on April 27, 2016 Link to news broadcast here See also BBC Radio 4 Today Angel Gurria (OECD) interviewed. [Link no longe... Read more...
The UK will pay a heavy price if it votes to leave the EU on June 23, the OECD, an economic forum of mainly rich countries, said on Wednesday. ''Our conclusion is unequivocal. The UK is much stronger as a part of Europe,... Read more...
Less than two months before Britain's historic vote over whether to remain in the European Union, voters remain deeply divided over the decision. But among economists, there is little question that a so-called Brexit wou... Read more...
The head of the Organisation for Economic Co-operation and Development said on Wednesday that he saw no potential benefits for the British economy if voters decide to leave the European Union at a referendum in June. ... Read more...
Thinktank predicts leaving EU would lead to damaging trade barriers and immigration slowdown, with limited economic benefits Angel Gurria, secretary-general of the Organisation for Economic Cooperation and Development, ... Read more...
There is a long-running joke that if you laid all the world's economists end to end they would never reach a conclusion. But the debate over whether the UK should leave the EU is generating more consensus in the dismal... 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...
25 April 2016
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
Britain's postwar record on productivity can be split into two periods: pre and post Margaret Thatcher. Prior to Thatcher, output per hour in Britain was growing more slowly than France, Germany and the US, according to ... Read more...
20 April 2016
Swati Dhingra interviewed about Brexit. The interview was broadcast by BBC Radio 5 Live at 10:30pm on April 19, 2016 [No link available.] Related publications See the complete set of CEP Brexit Analysis research ... Read more...
19 April 2016
A report from the London School of Economics on April 15 estimated that foreign investment in the UK could fall 22% over the next decade. It is of course feasible that business and investment will later return to Britain... Read more...
A very awkward fact for the Brexit campaign is that in the last quarter of 2015, Britain's current-account deficit hit a record 7 per cent of GDP. That needs to be financed. But the risk of Brexit is already acting like ... Read more...
You can quibble with the numbers. You always can. But the impact of leaving the European Union is clear: it would make Britain poorer. You don't need to take the Treasury's word for it. (And no, they didn't support ... Read more...
How does the Treasury estimate for “losses” compare with other economists’? Many independent economists have suggests some reduction in GDP growth from Brexit, and a few have suggested po... Read more...
18 April 2016
John Van Reenen interviewed about Brexit. The interview was broadcast by BBC 1 News at 6pm and again at 10pm on April 18, 2016 (no link available) Related publications See the complete set of CEP Brexit Analysi... Read more...
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, defended the Treasury analysis as a ''serious piece of work'', which was in line with other independent studies. ''The T... Read more...
Leaving the EU would cause Britain's economy to shrink and tax receipts to plummet, and cost the average household thousands of pounds a year, an official analysis from the UK treasury has warned. The treasury assess... Read more...
British finance minister George Osborne said on Monday that a vote to leave the European Union could cost each household 4,300 pounds ($6,100) a year by the early 2030s. Following is a look at how he reached this conc... Read more...
THERE is much dispute in the Brexit debate over the economic effects of leaving the EU. Even Brexiteers accept that there would be some short-term costs from uncertainty, but they claim that in the long run Britain could... Read more...
The Treasury's 200-page Brexit analysis was published on April 17, 2016. The analysis referred to the Centre for Economic Performance's Brexit Analysis Series. A recent study by the London School of Economics (LSE) Cent... Read more...
Article by John Van Reenen Many people are considering the personal financial impact of EU membership, and LSE academics have crunched the vital numbers By referendum day on 23 June, all voters will have to weigh up wh... Read more...
The Treasury will publish details of its long-term economic assessment of EU membership on Britain's economy and prosperity on Monday, but the approach the Treasury has taken is clear from a George Osborne article in the... Read more...
17 April 2016
Leaving the EU could lead to a fall in inward foreign direct investment of close to a quarter, writes CEP team: Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. ... Read more...
15 April 2016
Article by John Van Reenen Foreign investors love Britain, but Brexit would kill the vibe. According to new research colleagues and I have conducted at the Centre for Economic Performance, leaving the European Union cou... Read more...
The loss of income per household from reduced trade and lower productivity that would result from the UK voting to leave the European Union could be similar to the decline in UK GDP during the global financial crisis, ac... Read more...
Whether Britain loses access to the single market depends on the terms of any exit. Under the optimistic scenario, Britain would join the European Economic Area as non-member countries like Norway and Switzerland have do... Read more...
Leaving the European Union would reduce flows of foreign direct investment (FDI) into the UK by more than a fifth, damaging productivity and lowering people's incomes, according to new research released today by LSE's Ce... Read more...
…but economists think that leaving would come at some economic cost The FT also reviewed three recently published studies, by the Centre for Economic Performance at the London School of Economics, Pr... Read more...
13 April 2016
A leaflet being sent out by Britain Stronger in Europe says: ''Jobs at risk, higher prices and your family worse off by at least £850 a year if we leave Europe.'' Is that figure true? The £850 per household ... Read more...
... 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
Article by Swati Dhingra Like the Out campaigners of the 1970s, Brexit supporters believe EU membership is bad for British workers and the British economy but the data tells another story This article was published onl... Read more...
Brexit will affect British trade and living standards Article by Swati Dhingra, Hanwei Huang, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen Smaller turnover in foreign trade in the wake of weaker integration ... Read more...
There is a wide consensus that leaving the EU would come at some economic cost. For example, every year the Financial Times surveys a group of over 100 economists. Similarly, a recent gathering of economists at the Royal... 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
Article by Swati, Dhingra, Hanwei Huang, Gianmarco I.P. Ottaviano, Thomas Sampson and John Van Reenen The economic consequences of leaving the EU are at the heart of the Brexit debate. This column studies how changes in... Read more...
04 April 2016
Article by Swati Dhingra Last week's Brussels visit by Prime Minister Narendra Modi has started speculations that there will now be a renewed push for talks on the stalled EU-India broad-based trade and investment agree... Read more...
The Center for Economic Performance, at the London School of Economics, which sees itself neutral, says the worst-case scenario in the event of a vote to leave the bloc is a 6.3 percent to 9.5 percent reduction in G.D.P.... Read more...
02 April 2016
The Center for Economic Performance, at the London School of Economics, which sees itself neutral, says the worst-case scenario in the event of a vote to leave the bloc is a 6.3 percent to 9.5 percent reduction in GDP, '... Read more...
A vote to leave the European Union in the June 23 referendum could hamper efforts to make it easier and cheaper to do business in the bloc, potentially costing service providers billions of pounds, analysts and trade exp... Read more...
01 April 2016
There is a wage premium for getting a first or upper second, find Shqiponja Telhaj and colleagues Since the early 1960s, with developments in the field of human capital research, analysis of the returns to education has... Read more...
A vote to leave the European Union in the June 23 referendum could hamper efforts to make it easier and cheaper to do business in the bloc, potentially costing service providers billions of pounds, analysts an... Read more...
31 March 2016
In phase three, after the negotiated settlement, the economic effects are the subject of wide and varying analysis and speculation, based largely on the eventual outcome of the settlement. Put simply, there are two mai... Read more...
David Cameron has mocked eurosceptics for failing to work together as a new report claims each British family pays £200 a year less thanks to the European Union. ... Meanwhile a report produced by the Centre for E... Read more...
Swati Dhingra of the Centre for Economic Performance at the London School of Economics talks about the key economics of Brexit. The interview was recorded at the Royal Economic Society annual conference at The University... Read more...
30 March 2016
On 23 June, the UK will decide whether or not to leave the EU. While the general population is divided on the issue, the overall consensus among economists at a session on Brexit at the Royal Economic Society's annual co... Read more...
Susanna Khavul and Saul Estrin of the Centre for Economic Performance argue that crowdfunding engages a wider pool of entrepreneurs and investors than traditional venture capital markets did. This article was published ... Read more...
UK's exit from the European Union (EU) - the Brexit - could cost the UK economy £100 billion and 950,000 jobs by 2020, pointed out a PwC-made report commissioned by the Confederation of British Industry (CBI) whose... Read more...
29 March 2016
Hunt argues that, with the NHS budget already under huge pressure, funding levels can only be maintained if the British economy remains strong. He cites a series of economic surveys, including from the CBI, the London Sc... Read more...
26 March 2016
The Centre for Economic Performance at LSE released a report last week that also states that British living standards and trade will be damaged if an ''out'' vote wins the referendum. In their research, the body states t... Read more...
22 March 2016
Is Britain better off outside the EU? Over the past four days, three economic research groups have attempted to answer that question. All recognise the question is difficult because no one knows what relationship the UK ... Read more...
CEP's Swati Dhingra among experts weighing up the possible scenarios for a UK shoe company importing from Spain The EU is Britain's largest trade partner. If Britain votes to leave the EU, the government has not clarifi... Read more...
National income may fall between 1.3% and 2.6%, writes a Centre for Economic Performance team Those who say that leaving the EU is a win-win because Britons will both feel more free and become a lot richer are not being... Read more...
How do we tally the economic consequences of Brexit? ... What matters is the quality of the jobs that Britons will work in outside versus inside the EU. For material well-being, that depends largely on whether the UK's ... Read more...
For over two years, a research team at the Centre for Economic Performance (CEP) has been studying the likely impact of the UK leaving the European Union. Their latest report focuses on the impact of 'Brexit' through cha... Read more...
21 March 2016
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...
In this extract from the LSE Centre for Economic Performance's second briefing paper on Brexit, Swati Dhingra, John van Reenen, Thomas Sampson and Gianmarco Ottaviano conclude that - in the most optimistic scenario - UK ... Read more...
19 March 2016
A British exit from the European Union would wipe as much as 6,400 pounds ($9,300) from average household incomes in the U.K. as trade deals sour, according to research by the London School of Economics. &ldqu... Read more...
18 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...
Leaving the EU would cost UK households at least £850 a year each, according to research that prompted a furious response from Brexit supporters on Friday. The economists at the Centre for Economic Performance at t... Read more...
A vote to leave the European Union would spark a 'constitutional crisis' that could put the future of the UK at risk, according to the Welsh First Minister. In an exclusive interview with The Independent, Welsh leader Ca... Read more...
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...
'We are required to help refugees despite costs' De opvang van de vluchtelingen zal de Europese welvaartsstaten niet onder druk zetten. Dat stellen twee topprofessoren in het onderzoek naar migratie, Klaus Zimmermann en... Read more...
15 March 2016
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...
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...
WHAT BRITISH THINK ABOUT BREXIT CNC has asked Dr. Swati Dhingra, Assistant Professor at London School of Economics and Political Science, on the benefits and risks of a Brexit for the UK. SOUNDBITE (ENGLISH): Dr. SWA... 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...
A separate report by the London School of Economics' Centre for Economic Performance has called on parties and politicians to publish their plans for a post-Brexit world, as well as their policy manifestos, ahead of the ... Read more...
11 March 2016
Mention of 2014 CEP research on immigration and the labour market. The programme was broadcast by Sky News on March 11, 2016 Link to broadcast here Related Publications Immigration, the European Union and the UK La... 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...
UK business R&D would be 10 percent lower in the absence of tax breaks, write Kieu-Trang Nguyen and John Van Reenen. This article was published by the LSE Business Review blog on March 11, 2016 Link to article here ... Read more...
With both campaigns heating up ahead of June's referendum on EU membership, Reuters Jacob Greaves has spoken to a leading economist - CEP's Thomas Sampson - about the truth behind some political claims. This video i... Read more...
10 March 2016
London is not representative of the entire economy of Britain, however; leaving the European Union would cause a large economic shock. The Centre for Economic Performance at the London School of Economics predicted a 6.3... Read more...
07 March 2016
The London School of Economics' Center for Economic Policy[sic] has calculated that, even if trade barriers with other European countries do not significantly increase, per capita income in Britain will fall by between 1... Read more...
05 March 2016
Article by Swati Dhingra and Thomas Sampson All scenarios embody very different visions of the country's future place in the world, write Swati Dhingra and Thomas Sampson. To make an informed decision on the merits of l... Read more...
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
Dr Swati Dhingra interviewed on freetrade This interview was broadcast by BBC Radio Nottingham on March 3, 2016 Link to broadcast here Also on various other local BBC regional stations Related publications Th... Read more...
03 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...
Dr Swati Dhingra discusses the concept of free trade. The interview was broadcast by BBC Radio 5 Live News on March 3, 2016 Link to recorded interview here Also on eight other local BBC radio stations. Related Li... Read more...
Listen to CEP's Dr Swati Dhingra speaking on the EU's role in the UK economy. This interview was broadcast on BBC 5 Live - Up All Night programme on March 3, 2016 Link to broadcast here (from 17m02s) Related link... Read more...
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
For sceptics and fans of Europe alike, 2016 promises to be the year of reckoning for Britain's position in (or out) of the EU. But now the options of membership have been put before the electorate - following David Came... Read more...
26 February 2016
Analysis by the Centre for Economic Performance at the London School of Economics has also dismissed the Leave campaign analysis that the UK economy would be unaffected. It considered an ''optimistic scenario'' with sma... Read more...
25 February 2016
Dennis Novy gave a live TV interview with Deutsche Welle TV. The topic was the letter issued by various UK business leaders arguing in favour of Britain remaining a member country of the European Union. Dennis discussed ... Read more...
23 February 2016
''London is going to be worse hit than other places,'' said Swati Dhingra, an economist specializing in trade at the London School of Economics, describing the city's deep connections with European trading partners and f... Read more...
22 February 2016
According to CEP's researchers writing in the latest issue of CentrePiece, its departmental magazine, crowdfunding ''serves as a robust source of alternative entrepreneurial finance which has operated in a stable and pre... Read more...
18 February 2016
Article by Swati Dhingra During the run up to this referendum, much has been said about the political consequences of leaving the EU (so-called 'Brexit'). But less attention is given to the economic consequences of Brex... Read more...
09 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
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
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
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
Guy Michaels discusses his study of the economic impact of floods and likelihood of people moving from flooding areas. The interview was broadcast by BBC Radio 5 Live on January 5, 2016 Link to interview here (43 mins... Read more...
05 January 2016
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...
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
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...
18 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...
17 December 2015
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
Article by Linda Yueh My own research with John Van Reenen has shown that GDP growth would be lower by between 0.43 to 1% per year if not for joint ventures that allowed for transfers of knowledge and technology, as opp... Read more...
09 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...
08 December 2015
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
Faced with the dilemma of re-industrialization Valencia Andres Rodriguez-Pose, Professor at the London School of Economics, said for his part, that the Valencian economy is currently ''very weak''. And has highlighted t... Read more...
02 December 2015
Sustained public investment in research can boost business, writes Romesh Vaitilingam In the government's recent Spending Review, Chancellor George Osborne had surprisingly good news for UK researchers and UK businesses... Read more...
26 November 2015
It turns out that whether in another hemisphere or right in our own backyard, entrepreneurial traits are strikingly similar ... being smart is only a start. Researchers at UC Berkeley's Haas School of Business and the L... Read more...
23 November 2015
The volume of international trade in services has grown rapidly over recent decades and, in fact, has outpaced growth in goods trade. Over the same period many developed countries experienced rapid growth in immigration.... Read more...
21 November 2015
Dennis Novy interviewed about the upcoming negotiations of Prime Minister David Cameron over Britain's EU membership and in particular their implications for international trade. The interview was broadcast by BBC Radio... Read more...
09 November 2015
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...
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
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
A new CERRE report highlights the relationship between prices, investments, and market structure. It is co-authored by Tommaso Valletti, a Joint Academic Director of CERRE and Professor of Economics at Imperial College L... Read more...
07 October 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...
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
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...
16 September 2015
David Attenborough, Brian Cox, Paul Polman, Jeffrey Sachs and Arunabha Ghosh all sign letter calling for action by UN climate conference in December The international group of experts and CEOs back a new 'Global Apollo ... Read more...
However, other studies show that the influx of immigrants has negative effects on the median salary (but not on employment) natives working in low-skilled sectors such as the building and public works, so on the remunera... Read more...
14 September 2015
Christopher Pissarides, London School of Economics, the winner of a Nobel Prize, said that Greece still has structural problems such as low productivity and lack of competitiveness. Greece is likely to need international... Read more...
11 September 2015
Rivera sees 25,400 million gap in the budget approved by the PP for 2016 Albert Rivera, President and the economic team of the party have denounced the General State budgets drawn up by the people's Party for 2016 to hi... Read more...
10 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...
Garicano: ''budgets will be 25,000 million'' The leaders of citizens believe that the General State budgets drawn up by the people's Party for 2016 hides a hole of more than 25,000 million. So Luis Garicano, Francisco d... Read more...
09 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
... 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...
03 September 2015
...Unprecedented and profound mutation in the English system", says Stephen Machin, Professor of Economics at the University College of London (UCL). This article was published online by Acteurspublics on September 1, 2... Read more...
01 September 2015
Dennis Novy interviewed. The topic was the resignation statement of the Greek prime minister Alexis Tsipras, and what it means for the bailout programme and the Greek economy. The interview was broadcast by Al Jazeera ... Read more...
20 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...
17 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
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...
13 August 2015
Dennis Novy interviewed on the Transatlantic Trade and Investment Partnership (TTIP) in the light of households in Kenilworth protesting with the message to protect the NHS from TTIP. This article was published by BBC C... Read more...
12 August 2015
Dennis Novy interviewed lived on BBC World on Grexit, discussing the Greek bailout and long-term issues re huge imbalances in the Eurozone. This interview was broadcast by the BBC World Service on August 11, 2015 [ No ... Read more...
11 August 2015
Consider a paper presented at the Summer Session of the National Bureau of Economic Research by Raj Chetty, Bloomberg Professor of Economics at Harvard University, ''Innovation Policy and the Lifecycle of Inventors.'' (T... Read more...
10 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
... 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
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...
09 July 2015
The Centre of Economic Performance (known as the CEP) claim that Britain could have its GDP fall by 8%. In essence, the CEP claim that in a worst case scenario Britain could face loses similar to the ones that were exper... 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 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
Dennis Novy live interview, commenting on the dramatic developments on Greece and the Eurozone crisis. This interview was broadcast by Sky News on June 29, 2015 Link to interview here [Starts at 9.40am] Related links... Read more...
29 June 2015
Christopher Pissarides interviewed about closure of Greek banks. The interview was broadcast on BBC Radio 4 News on June 29, 2015 [No link available] Related links Christopher Pissarides webpage Macro Programme webp... Read more...
In the following op-ed, 13 prominent economists from around the world call on Greece to sign a credible agreement with the Europeans immediately. CEP's Professor Christopher Pissarides, Nobel Laureate, London School of ... Read more...
Nobel Prize-winning economist Christopher Pissarides tells DW why he is deeply disappointed with the Greek government's mismanagement of the debt crisis. He also explains what Germany could have done better. This articl... Read more...
Dennis Novy gave a live interview, commenting on the dramatic developments on Greece and the Eurozone crisis. The interview was broadcast by Al Jazeera on their ''Newshour'' Programme Link to the interview here [Star... Read more...
28 June 2015
Unemployment stands at more than 25%. ''People will be much worse off,'' said Christopher Pissarides, a Nobel prizewinner based at the London School of Economics. Investors are braced for a slump on global stock markets ... Read more...
''I don't understand what kind of economics they have in their minds, or who is deciding that this is economics,'' said Christopher Pissarides, a Nobel prizewinner at the London School of Economics. ''Who is going to inv... Read more...
Interview with LSE Professor and Economics Nobel Prize winner Christopher Pissarides on proposed austerity measures in Greece. The interview was broadcast by BBC News on June 25, 2015 [No link available] Related link... Read more...
25 June 2015
Follow-up interview, Dennis Novy on latest Greece negotiations. This interview was broadcast by Voice of America on June 23, 2015 Link to interview here Related links Dennis Novy webpage Globalisation Programme w... Read more...
23 June 2015
Dennis Novy interviewed, speaking about latest Greece negotiations. This interview was broadcast on the BBC World Service World Update programme on June 23, 2015 Link to interview here [Ca. 32min 35sec into the progra... Read more...
Dennis Novy on the latest Greece negotiations. This interview was broadcast by Sky News on June 23, 2015 Related links Dennis Novy webpage Globalisation Programme webpage Dennis Novy CEP publications webpage ... Read more...
Yet not only would it take years for the UK to reach new agreements, it is not as likely to strike a good deal. The ''UK's bargaining position would be much weaker as it would be negotiating over access to its own market... 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...
22 June 2015
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
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
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
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...
Dennis Novy did an interview with Radio Sputnik, a Russian radio station. The topic was Greece and the Eurozone crisis. The interview was broadcast by Radio Sputnik (Russia) on June 12, 2015 Link to interview here ... Read more...
12 June 2015
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
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
Growth, trade, immigration, jobs, diplomacy: what would the impact be if a 2017 referendum pushed UK towards the exit? ...Another analysis by economists at the Centre for Economic Performance (CEP), part of the London Sc... Read more...
14 May 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
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
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...
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
Lower trade with the EU would knock British economic output down by between 1.1 and 3.1 percentage points, according to a study by the London School of Economics. Foreign investment would surely drop and new roadblocks t... Read more...
31 March 2015
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...
... 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...
30 March 2015
Few politicians have a credible plan to ensure that Britain's young people can make their way in the world. But Labour at least recognises the problem. In the UK too, as LSE's Steve Machin argues, ''productivity improvem... Read more...
29 March 2015
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...
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...
An even more dramatic example is provided by Germany itself. Historically, Germany has been described as the biggest ''debt transgressor'' of the 20th Century, with restructurings in 1924, 1929, 1932 and 1953. Total debt... Read more...
18 March 2015
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
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
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
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...
09 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...
08 February 2015
The view on the UK: The biggest challenge of 2015: Can we avoid the rocky road to the Brexit cliff? John van Reenen Brexit will have serious economic consequences. Half of our exports are to the EU, we benefit from lar... Read more...
07 February 2015
In Switzerland and under the mattress here is where the money goes that Greeks have withdrawn from ATMs The great capitals [wealth], however, are probably already fled. And Switzerland, according to research by economi... Read more...
The economic historian Albrecht Ritschl of the London School of Economics comes to the conclusion that: ''Germany is the biggest debt sinner of the 20th Century''. This article was published by Spiegel online on Feb... Read more...
02 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
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
''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
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
Switzerland's central bank piled fresh pressure on the euro last week when it removed its peg with the franc - a move thought to have been triggered by the prospect of QE by the ECB. Sir Christopher Pissarides, the Cypri... Read more...
20 January 2015
Most economists believe that calling a referendum on Britain's membership of the EU would hurt the economy because it would cause sharp falls in investor confidence and business investment. Q: If Britain was to call ... Read more...
01 January 2015
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...
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
Poll respondent Sir Christopher Pissarides, professor at the London School of Economics, said the prospect that governments in London and Edinburgh would compete to attract taxpayers would far outweigh any gains; and adm... Read more...
21 November 2014
Article by Joan Costa-i-Font and Valentina Zigante Several countries across Europe have attempted to reform their health systems by allowing patients more choice over their healthcare provider. The typical rationale for... Read more...
Europe is facing a problem of long-term stagnation Europe and Spain within it, has ''a problem of long-term economic stagnation'' because of their limited level of labor productivity to the aging demographic prospects, ... Read more...
20 November 2014
Last week, Luis Garicano, a professor at the London School of Economics, and Lucrezia Reichlin, a former head of research at the European Central Bank and now a professor at the London Business School, published a propos... Read more...
17 November 2014
Article by Luis Garicano with Lucrezia Reichlin The ECB seems to be edging towards QE, but faces a quandary on what to buy. This proposal suggests that the ECB buy 'Safe Market Bonds'. These would be synthetic bonds for... Read more...
15 November 2014
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
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
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 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
En el otro lado, el economista Luis Garicano, tambien de la London School of Economics, advirtio de los ''brutales costes de un divorcio a las bravas'', pero dejo tambien un duro ataque a la actitud del Ejecutivo de Mari... Read more...
02 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
Eine Analyse des Centre for Economic Performance (CEP) an der London School of Economics kommt zu dem Ergebnis: Die Isolation von Europa konnte GroBbritannien harter treffen als die Finanzkrise 2007. An analysis of the ... Read more...
19 August 2014
History teaches us that labour markets are able to recover from the changes wrought upon them by technological change, said Alan Manning, professor of economics at the London School of Economics. ''If I take an historica... Read more...
18 August 2014
Indem sie ihren Kindern finanziell unter die Arme greifen, haben die Eltern auch unabsichtlich den offentlichen Druck entscharft, die Beschäftigungs-und Renten so zu andern, dass ihre Kinder einen leichteren Start ins B... Read more...
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
Home owners in London are willing to pay up to 8 percent above the market price for properties in areas offering very fast internet speeds, according to new research from the London School of Economics (LSE) and Imperial... Read more...
Londoners show a greater willingness than the rest of the country to pay for broadband, reflecting very high usage in the capital city for both work and personal reasons. ''Speed matters,'' says Gabriel Ahlfeldt, associa... Read more...
Londoners show a greater willingness than the rest of the country to pay for broadband, reflecting very high usage in the capital city for both work and personal reasons. ''Speed matters,'' says Gabriel Ahlfeldt, Associa... Read more...
31 July 2014
Professor John Van Reenen, Department of Economics and Centre for Economic Performance, has been awarded the European Investment Bank Institute's 2014 'Outstanding Contribution Award'. The accolade, jointly awarded to Pr... Read more...
28 July 2014
The SNP has been in government in a devolved Scotland for more than seven years. During that time it has had control over most of the levers of social justice, from education to healthcare, from local authority spending ... Read more...
27 July 2014
Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank, to the German-British Chamber of Commerce Annual Dinner 2014, London, 23 July 2014. 2. The benefits of European integration And it seems that Britain, t... Read more...
24 July 2014
The EIB Institute announces that this year's 'Outstanding Contribution Award' - with a prize of EUR 40,000 - will go jointly to Professors Nicholas Bloom (Department of Economics, Stanford University) and John Van Reenen... Read more...
22 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
What's the best way to measure Europe's youth unemployment problem? ''Long-term unemployment and youth unemployment are the two [issues] that need more targeting, but we should especially try to avoid the combination of ... Read more...
This article was first published on January 28, 2013 and has been republished after Germany beat Brazil 7-1 in the World Cup semi-final Second, it is the view of most economists that Germany has been the biggest winner ... Read more...
09 July 2014
Once upon a time, David Cameron said that general wellbeing matters as much GDP. What's it all for if a country grows richer but its people feel no better? A genuine attempt at prioritizing wellbeing would be revolutiona... Read more...
If there is one area of the NHS in desperate need of change, it is mental healthcare provision. Professors Richard Layard and David Clark highlight in Thrive: The Power of Evidence-Based Psychological Therapies that it i... Read more...
04 July 2014
Luis Garicano interviewed regarding Spanish finance system. This programme was broadcast by Antena 3 on July 1, 2014 Link to broadcast here Related links Luis Garicano webpage Productivity and Innovation Program... Read more...
01 July 2014
The upshot of this is that the price of labour (wages) has fallen and the price of capital has increased, so firms have had incentives to substitute cheaper workers for more expensive machinery and buildings. And while t... 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 Joao Paulo Pessoa and John Van Reenen The fall in productivity in the UK following the Great Recession was particularly bad, whereas the hit to jobs was less severe. This column discusses recent research expl... Read more...
28 June 2014
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
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...
16 June 2014
Every team is simply trying to score goals while preventing its opponent from doing the same. But they all seem to go about it in distinct ways, don't they? To understand what is happening on the fields in Brazil at the ... Read more...
15 June 2014
Fur die britische Wirtschaft ware das ein Alptraum. In der aktuellen Studie ''Brexit or Fixit?'' uber die wirtschaftlichen Auswirkungen eines britischen EU-Austritts warnen hochrangige Okonomen vom Center for Economic Pe... Read more...
12 June 2014
''Der Ausstieg wurde der britischen Wirtschaft betrachtliche Kosten aufburden'', sagt Joao Paulo Pessoa vom Centre for Economic Performance an der London School of Economics, einer der Verfasser der Studie ''Brexit or Fi... Read more...
27 May 2014
In 2010, the US Census Bureau conducted the first large-scale survey of management practices in America, gathering data on more than 30,000 manufacturing plants. Nicholas Bloom and colleagues find strong links between es... Read more...
21 May 2014
In a new report on the economic consequences of a 'Brexit', Gianmarco Ottaviano, João Paulo Pessoa, Thomas Sampson and John Van Reenen find that if the UK left the European Union there would be a significant negat... Read more...
The Conservative party is committed to holding a referendum on the UK's membership of the European Union (EU) in 2017 - and many voters seem keen on having the opportunity to express their opinion. So what would be the c... Read more...
In their blog, Renata Lemos and John Van Reenen say that good management in schools has a stronger effect than class sizes or quality teaching. This blog was posted in the guardian.com teachers' blog on May 20, 2014 ... Read more...
20 May 2014
Economists at the Centre for Economic Performance (CEP), which is part of the London School of Economics, described a British exit as a ''very risky gamble''. It said the move would cost jobs, reduce investment and push ... Read more...
17 May 2014
In a fresh analysis of the effects of a so-called Brexit, the Centre for Economic Performance (CEP) said that in the worst-case scenario Britain could suffer a fall of between 6.3 per cent and 9.5 per cent of GDP because... Read more...
Increased trade and regulatory costs would cost the UK economy up to 9.5 percent of its output if the UK left the European Union, according to new research by the London School of Economics. The findings are contained in... Read more...
16 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
Meanwhile, justification for rapid academisation is scant. A 2009 report by LSE academics Stephen Machin and Joan Wilson signals there was little proof that New Labour's academies raised the attainment of poorer students... Read more...
The problem of Spain: No deterrent for fiscal offences without imprisonment for perpetrators ... Luis Garicano, con su libro El dilema de Espana. Si los gobernantes no interiorizan que deben reformar las instituciones d... Read more...
03 May 2014
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
The commission's authors (who include Richard Layard, an academic who has long supported more use of well-being indices in policy), favour the second measure of general satisfaction with life. More comprehensive cross-co... Read more...
27 March 2014
Crime in British neighborhoods that have experienced mass immigration from Eastern Europe over the last 10 years has fallen significantly, according to research that challenges a widely held view over the impact of forei... Read more...
04 May 2013
Article by Jesus Fernandez-Villaverde, Luis Garicano and Tano Santos By the end of the 1990s, under the incentive of Eurozone entry, most peripheral European countries were busy undertaking structural reforms and puttin... Read more...
30 April 2013
Today, many French and German banks have cut the amount of debt they hold from troubled euro zone countries by half. And practically the only buyers of Spanish debt are Spanish banks. Ditto for Italy. Not only does th... Read more...
02 October 2012
…el punto muerto: la senda hacia la salida de la crisis. Entre los españoles figuran Luis Garicano, del London School of Economics, o Guillermo de la Dehesa. También suscriben el documento los alemanes Lars... Expe... Read more...
25 July 2012
Euro doomed, say experts The euro has broken down and faces collapse with 'incalculable economic losses and human suffering', according to an extraordinary warning from a group of leading economists. The experts include... Read more...
Andy Burnham MP, Labour's Shadow Health Secretary, in a speech to the Centre for Social Justice, said: I recently shadowed a GP in Coventry and was surprised by the number of time he referred to IAPT. As he said, a huge... Read more...
31 January 2012
Prime Minister David Cameron's decision to distance Britain from European efforts to save the euro isn't likely to make the U.K. more independent of the bloc. "Politically the U.K. has lost power and credibility, and its... Read more...
14 December 2011
Professor Albrecht Ritschl of the London School of Economics says the Germans face a stark choice. Albrecht Ritschl:They will indeed have to be the decision between accepting a probably softer eurozone, or thinki... Read more...
05 December 2011
Of course, if the eurozone turned itself into a real fiscal union with all the member states guaranteeing each other's debt, that would stop the crisis in its tracks. But Tim Leunig of the London School of Economics s... Read more...
04 December 2011
Albrecht Ritschl: Now it turns out that the whole debt burden of southern Europe combined is quite a bit too big to be shouldered by the Germans. This article appeared in Marketplace on December 3, 2011 Link to ar... Read more...
03 December 2011
Many experts believe that if the eurozone were to break apart it would be because richer members leave it rather than continue to try to bail out poorer ones. In fact, there are already some signs that the richer countr... Read more...
02 December 2011
Germany's hardline attitude is making the situation in Europe worse Economics professor at the LSE, Albrecht Ritschl, comments on Germany's reaction to the worsening euro crisis. This article appeared in The Guardi... Read more...
08 November 2011
Competition among hospitals in England led to a 7% fall in the number of deaths from acute myocardial infarction over three years, saving around 900 lives, a new study claims. Zach [sic] Cooper, a health economist workin... Read more...
01 August 2011
Research has suggested that family-owned companies have the UK's most satisfied workforces. John van Reenen of the LSE recently accused family businesses of inefficiency due to poor management quality. This article ... Read more...
19 July 2011
New paper by Pawel Bukowski and Filip Novokmet “Inequality in Poland: Estimating the Whole Distribution by g-percentile 1983-2015” combines national accounts, survey and tax data in order... Read more...
29 November 2007