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John Van Reenen, an innovation expert and former Downing Street policy adviser under Tony Blair’s New Labour government, will head the body, which is expected to sit within the heart of the Treasury. Sources close ... Read more...
11 July 2024
In a statement to the Observer, Anna Valero, a former member of the chancellor’s economic advisory council, and Dimitri Zenghelis, a former head of economic forecasting at the Treasury, said the country needed to b... Read more...
02 March 2024
Dimitri Zenghelis, Esin Serin, Anna Valero, John Van Reenen and Bob Ward - authors of the LSE paper titled Boosting Growth and Productivity in the UK Through Investments in the Sustainable Economy - examine the fitness o... Read more...
22 January 2024
In medicine, failure can be catastrophic. It can also produce discoveries that save millions of lives. On this episode of Freakonomics, John Van Reenen, Amy Edmondson, Carole Hemmelgarn, Gary Klein and Robert Langer shar... Read more...
18 October 2023
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
Ralf Martin investigates whether consumers' environmental convictions will fade when confronted with higher prices, showing that consumers seem to prefer environmentally conscious choices, and indicating that changing at... Read more...
06 July 2023
Anna Valero has been appointed to the chancellor’s economic advisory council, it was announced today. The council provides independent, expert advice on economic policy to help grow the economy. Dr Valero, senior... Read more...
18 April 2023
Alan Manning, the UK government's former immigration advisor, considers whether Britain's post-Brexit migrant strategy has worked. ... Read more...
08 March 2023
Without inherited wealth or a leg-up from the Bank of Mum and Dad, prospective first-time buyers are forced to abandon dreams of home ownership. Paul Cheshire describes the state of affairs for first-time buyers in Londo... Read more...
27 January 2023
The Economist covers Stephan Heblich, Stephen J. Redding and Hans-Joachim Voth's work on Slavery and the British Industrial Revolution in this article, reporting on the causes of the Industrial Revolution. ... Read more...
17 January 2023
Liz Truss and Kwasi Kwarteng don’t seem to know how to go about it. Here are a few starting points. ... Read more...
07 October 2022
Low growth is an entrenched problem in the UK, dating back decades. Anna Valero is among the guests discussing why the country has been performing so badly and what needs to be done to turn us into a high-growth country.... Read more...
23 September 2022
High energy prices are causing problems, as are the consequences of the Covid pandemic and the effects of Brexit. But research by the Resolution Foundation and the Center for Economic Performance suggests the causes of t... Read more...
15 July 2022
Britain’s 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...
22 June 2022
Nick Bloom in conversation on a surprising find from the pandemic: remote work is fuelling economic growth. ... Read more...
02 June 2022
Restarting the Future, a new book by Jonathan Haskel and Stian Westlake, presents the idea that intangible assets, though hard to see and measure, are critically important to foster. ... Read more...
19 May 2022
To understand what is happening to inequality between people we need to understand the behaviour of, and inequality between, firms. Papers published last month as part of the IFS Deaton Review of inequality in work, led ... Read more...
25 April 2022
Jonathan Haskel and Stian Westlake argue that capitalism can be revitalised by promoting ‘further investment’ in what they call ‘intangible capital’. ... Read more...
11 April 2022
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
Congratulations to Philippe Aghion, associate of CEP and the Programme on Innovation and Diffusion (POID), on being awarded the Erasmus Medal of the Academia Europaea. The award is given to a European scholar who has ... Read more...
15 February 2022
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...
The Power of Creative Destruction has been chosen by The Economist as one of its best books of 2021.The book, by Philippe Aghion, Céline Antonin and Simon Bunel, is described by the magazine as "sweeping, aut... Read more...
17 December 2021
Joint research from the Centre for Economic Performance and the Resolution Foundation suggests that financial officers expect the amount of workers moving from shrinking to growing companies will spe... Read more...
20 November 2021
Findings from the Resolution Foundation and the Centre for Economic Performance challenge the government’s view that levelling up poorly performing companies or poorer regions will raise productivit... Read more...
15 November 2021
A Wharton Research Data Services (WRDS) best paper award has been given to John Van Reenen, director of the Programme on Innovation and Diffusion (POID), and his co-authors Sabrina T. Howell, of New York Unive... Read more...
27 September 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 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...
18 May 2021
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
Jonathan Colmer and John Voorheis analyse the importance of environmental quality in shaping economic opportunity, and how improvements in health associated with lower prenatal pollution exposure may have... Read more...
11 February 2021
Research by Capucine Riom and Anna Valero finds the Covid-19 pandemic has forced businesses to adopt new technologies and ways of working that will increase the breadth of economic productivity. ... Read more...
08 February 2021
More than 900,000 small businesses are at risk of going under, according to research from Peter Lambert and John Van Reenen, and backed by former Prime Minister Gordon Brown. ... Read more...
27 January 2021
Research by Peter Lambert and John Van Reenen warns around 900,000 small firms – employing 2.5 million workers – are at risk of going bust if Covid-19 rescue schemes are wound up. ... Read more...
Gordon Brown has called for emergency measures to support businesses in the budget after new research by Peter Lambert and John Van Reenen warned almost 1m UK companies were at risk of failure in the next thre... Read more...
The Economist examines the benefits of working from home in light of lockdown, and cites findings made by Nick Bloom that those who worked from home were more productive. ... Read more...
12 September 2020
Ralf Martin and John Van Reenen explain how a carbon tax could both help pay for the enormous costs of the pandemic and encourage ‘clean’ investment. Crucially, it should be levied in a few years&r... Read more...
02 June 2020
The economic impact of coronavirus. Presented by Ben Chu (economics editor of The Independent) with Lizzy Burden (economics reporter of The Daily Telegraph). This episode features Miatta Fahnbulleh, chief e... Read more...
28 May 2020
Richard Davies talks to Fortune magazine about what helps economies recover from extreme shocks, such as the Covid-19 pandemic. ... Read more...
26 April 2020
How hoax information on social media about covid-19 might be worsening the pandemic. ... Read more...
24 April 2020
This paper uses evidence of increased productivity among two samples of call centre staff working from home to highlight the potential in new management methods. Published 2013. ... Read more...
17 April 2020
John Van Reenen says success in restarting our economy depends on trust in the government, the quality of our health care, and our ability to monitor those with covid-19. ... Read more...
13 April 2020
Remote work works best if it’s by choice and not every day. Many people are being forced to work from home for the first time during the coronavirus outbreak. That could have negative impacts on our... Read more...
20 March 2020
Anne McElvoy discusses economic futures with demographer Danny Dorling and economists Richard Davies and Petr Barton. ... Read more...
17 March 2020
Harvard Business School professor Raffaella Sadun and her colleagues have studied more than 12,000 companies and found that organizations that do the basic, boring work of managing - documenting processes, setting clear ... Read more...
05 November 2019
Disadvantaged areas need evidence-based approaches, not policy innovation, argues the director of the What Works Centre for Local Economic Growth. Evidence-based policy in disadvantaged places, What Works Centre for Eco... Read more...
25 October 2019
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
We are very pleased to have launched our collaborative work on disadvantaged places. This project looks in depth at policy, and the use of evidence, in places in the UK that are most disadvantaged, sometimes referred to... Read more...
Snippet: For example, since 1989, Australia has introduced the system of contingent repayment loans (PARCs) which allow higher education to benefit from public funding supplemented by funding provided by the beneficiarie... Read more...
23 October 2019
Every city wants a cluster, a concentration of high-productivity firms and workers beavering away in a particular industry in a particular place. Proximity means ideas and productivity growing and spreading. Who doesn't ... Read more...
20 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...
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
A new data set helps address the lack of innovation data able to capture firms' internal mechanisms and behaviours, write Max Nathan and Anna Cecilia Rosso. What Works Well Centre for Economic Growth... Read more...
02 October 2019
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
Lisa Cook, Michigan State University Economics Professor references Opportunity Insights' Who Becomes an Inventor in America? The Importance of Exposure to Innovation by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Pet... Read more...
24 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
Home Affairs editor A THOUSAND "commuter villages" with 2.1million new homes should be built on the green belt near railway stations to help solve the housing crisis, a leading government adviser and academic has propose... Read more...
22 September 2019
A new paper by economists Nicholas Bloom, John Van Reenen and Heidi Williams canvasses the principal policies that governments have used to nurture innovation. A Toolkit of Policies to Promote Innovation, Nicholas Bloom... Read more...
20 September 2019
Richard Davis talks about his new book, Extreme Economies. ... Read more...
19 September 2019
Work by the OECD and Oxford Martin School also notes widening gaps in productivity and profit mark-ups between the leading businesses and the rest. This suggests weakening competition and rising monopoly rent. Moreover, ... Read more...
18 September 2019
To find the world's most extreme economies you generally have to travel far from the beaten track. There is one exception to this rule, a city closer to home that was described best by Sean Connery in The Bowler and the ... Read more...
14 September 2019
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30 August 2019
In a recent study, Ana Valero and John van Reenen tell us how much the economic benefits of the presence of a university in the region amount to by studying 15 thousand universities located in 1,500 different regions in ... Read more...
26 August 2019
"This plays out over and over, at every scale and within every state," says Muro. And while major coastal metros may attract a higher concentration of elite firms and global talent, midsize cities with universities benef... Read more...
22 August 2019
Lord Richard Layard, a professor at the London School of Economics, has been a pioneer in this area, and believes the government should prioritise policies that boost happiness over growth. His research has gone on to in... Read more...
25 July 2019
Beyond the fact that each one of us has to look for a concordance between the vocation and the labor field, employers can do a lot to achieve this goal. According to Lord Richard Layard, the elements that integrate work ... Read more...
24 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
Described as a "game-changing event" by London School of Economics Dr. Richard Layard, New Zealand's budget has set a new standard for progressive policy "no other major country that has so explicitly adopted well-being ... Read more...
11 July 2019
Dr Chiara Cavaglia Make Devolution is also affecting "education and skills", e.g. with the Adult Education Budget being managed locally form 2019/20. With this in mind, the All Party Parliamentary Group on Apprenticeshi... Read more...
10 July 2019
Coverage of LSE's #EvidencePod at Evidence Week in Parliament.... Read more...
28 June 2019
Research by Nick Bloom, James Liang, John Roberts and Zhichun Jenny Ying on Ctrip in China showed a 13.5 per cent rise in worker productivity through work from home policies as employees completed their full shift of wor... 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
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
"We used to think that unemployment responded to growth in the economy. We used to think I it took about 2 percent growth to make any in roads into unemployment But the recovery since the recession has gone against that ... Read more...
13 May 2019
A company's performance during and after a recession depends not just on the decisions it makes but also on who makes them. In a 2017 study, Raffaella Sadun (of Harvard Business School), Philippe Aghion (of College de Fr... Read more...
16 April 2019
Doing better financially than your parents is an important marker of success, and for much of the last half century, real earnings growth in the UK was strong enough that most young people achieved this milestone. But ne... Read more...
15 April 2019
Original information: Chiara Criscuolo, Ralf Martin, Henry G. Overman, John Van Reenen. Some Causal Effects of an Industrial Policy. American Economic Review, 2019, 109(1): 48-85. Governments around the world provide la... Read more...
14 April 2019
Jo Blanden, co-author of the study, said: 'Research and political debate have focused on relative social mobility - that is, whether those with higher incomes are likely to have children who are also relatively well-off'... Read more...
12 April 2019
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...
04 April 2019
However, women inventors made up only 12% of all inventors on patents granted in 2016 - the most recent year for which data is available - according to the patent office. That disparity is not a good sign and even hurts... Read more...
26 March 2019
Meanwhile, a very interesting new paper by economists Philippe Aghion, Antonin Bergeaud, Gilbert Cette, Remy Lecat and Helene Maghin looks at the relationship between credit constraints and productivity at the level of i... Read more...
25 March 2019
In a similar spirit, I of course know that the introduction of a printing press with moveable type by to Europe in 1439 by Johannes Gutenberg is often called one of the most important inventions in world history. However... Read more...
22 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...
21 March 2019
Jonathan Haskel worried by falling business investment driven by uncertainty.... Read more...
14 March 2019
Book prices fell, the salaries of university professors rose, and revolutionary religious ideas spread, write Jeremiah Dittmar and Skipper Seabold.... Read more...
"It's important to remember that China started with a much more broad-based and educated workforce when it embarked on its economic transition," says Swati Dhingra, from the London School of Economics. "India has seen m... Read more...
13 March 2019
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
Phlippe Aghion (College of France, LSE, and CEPR) discusses work on merged datasets from the UK - one detailing occupation & wages, the other looking at R&D and investment. ... Read more...
04 March 2019
Volume 68, February 2019, Pages 53-67 The Economic Impact of Universities: Evidence from Across the Globe, Anna Valero, John Van Reenen. NBER Working Paper No. 22501 How universities boost economic growth Anna Valer... Read more...
01 February 2019
"Lessons from this RCT will provide valuable insight into the most (a) effective and (b) cost-effective means of driving adoption of AI; whether education and convening is sufficient to drive adoption or whether a degree... Read more...
29 January 2019
04 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
Snippet: ... Build, build, build! Free exchange (November 24th) argued that there is more to high house prices in Britain than constrained supply. Well, yes, and no. The underlying cause of housing unaffordability is con... Read more...
15 December 2018
John Van Reenen argues that competent managers are desperately undervalued in the UK. The MIT economics professor, who until recently headed the LSE's Centre for Economic Performance, concedes that most studies ... Read more...
08 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
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
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
The £15bn Crossrail will serve the Buckinghamshire village of Taplow, in the green belt, next year, yet no homes can be added there, noted Professor Paul Cheshire of the London School of Economics ... Read more...
10 June 2018
Research productivity – measured by number of papers produced per head of population – also correlates reasonably strongly with economic development measures. So do enrolment levels in tertiary edu... Read more...
31 May 2018
Recent studies show that scientific progress is decelerating and tends to stagnate on the whole. In the paper “Innovating Harder and Harder to Find?” published in March of this year, four economist... Read more...
24 May 2018
That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb, entitled “Are Ideas Getting Harder to Find?” They... Read more...
13 May 2018
Of all economic indicators, a high employment rate is most likely to correlate with greater happiness, according to researchers. The London School of Economics consulted 29 academics, of whom 24 agreed that em... Read more...
12 May 2018
The scary idea is that easy-to-discover technology is a finite, exhaustible resource. … That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, ... Read more...
02 May 2018
Several commentators have suggested that a domestic infrastructure bank could fill the void if the UK was unable to access EIB support. The LSE Growth Commission have promoted the creation of such an... Read more...
27 April 2018
SWINDON, United Kingdom – The Economic and Social Research Council(ESRC) has announced that the Centre for Economic Performance (CEP), the Enterprise Research Centre (ERC), the What Works Centre for Loca... Read more...
16 April 2018
Once again, I’m brooding over science’s limits. I recently posted Q&As with three physicists with strong opinions on the topic--David Deutsch, Marcelo Gleiser and Martin Rees--as well as this c... Read more...
07 April 2018
Article by Thomas Sampson. The full economic consequences of Brexit will not be realised for many years. But 21 months after the referendum, we can start to assess how the Brexit vote ha... Read more...
05 April 2018
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...
27 March 2018
Numerous studies have shown that raising the minimum wage doesn’t hurt job growth, and differences in minimum wages in neighboring states don’t cause businesses to move significantly. As long as th... Read more...
20 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
While Caplan dismisses the possibility that universities offer society any real economic benefit, data shows otherwise. After studying new data from UNESCO’S World Higher Education Database, covering 15,... Read more...
06 February 2018
Anna Valero interviewed, speaking about the big picture of UK productivity: low investment, bad training, bad management and lack of infrastructure. BBC business correspondent Jonty Bloom... Read more...
05 February 2018
To sustain economic growth, the United States must double its overall research effort every 13 years. That’s because it is taking an increasing amount of effort to generate enough ideas to power the econ... Read more...
02 February 2018
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...
01 February 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
The UK will remain a relative laggard among developed countries this year as the after-effects of the Brexit referendum mean the economy will only enjoy limited benefits from a global upswing in growth, econom... Read more...
01 January 2018
John Van Reenen, an economist at MIT and another of the “Ideas” paper’s authors, has performed studies that look at talent cultivation in the U.S. by trying to determine the likelihood of som... Read more...
15 December 2017
The skepticism about future growth potential is becoming international. Stanford economist Nicholas Bloom recently pointed out that innovation as a growth engine has become increasingly costly. "What worr... Read more...
05 December 2017
Andrew Carter talks to Bridget Rosewell and Henry Overman about the merits of big infrastructure projects. In this month’s episode, our chief executive Andrew Carter talks with Bridget Rosewell, Co... Read more...
30 November 2017
Economists have a hard time explaining why productivity growth has been shrinking. One theory: true innovation has gotten much harder – and much more expensive. So what should we do next? John V... Read more...
29 November 2017
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...
24 November 2017
We’ve picked all the low hanging fruit when it comes to new ideas, and the world is set for more parsimonious times. This is the idea put forward in a recent research paper by Nicholas Bloom, John Van Re... Read more...
23 November 2017
Other research confirms that the beneficial effect of universities isn't just correlation. A 2015 paper by economist Shimeng Liu found that areas where the U.S. federal government made land grants to unive... Read more...
14 November 2017
In Are Ideas Getting Harder to Find? (NBER Working Paper No.23782), Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb argue that, to maintain a given rate of economics growth, resources devote... Read more...
10 November 2017
Is it possible, as Trump’s statement suggests, to compare two countries’ economies and which indicators would we use to do so? GDP per capita is considered a baseline when comparing two economies. ... Read more...
09 November 2017
According to research from the London School of Economics’ Centre for Economic Performance the average weekly earnings between 2002 and 2008 rose at an average rate of 4% a year and prices at just 2... Read more...
08 November 2017
...Chancellor Philip Hammond is looking to reform the planning system by allowing building on the green belt to help more people possibly young people get on the housing ladder this attempt result the housing ... Read more...
06 November 2017
Nicholas Bloom, Charles Jones, John Van Reenen and Michael Webb show through detailed analysis of firms that research productivity is declining even as research efforts are rising. One of their key findings: &... Read more...
30 October 2017
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...
24 October 2017
Modern-day inventors–even those in the league of Steve Jobs–will have a tough time measuring up to the productivity of the Thomas Edisons of the past. That’s because big ideas are getting har... Read more...
20 October 2017
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
"Ideas, and in particular the exponential growth they entail, are getting harder and harder to find," according to a recent study by the National Bureau of Economic Research in the United States. The... Read more...
03 October 2017
There may come a whole range of inventions that we can hardly imagine today. Already existing innovations also need some time to affect productivity in production chains. This concerns robotics and a range of ... Read more...
27 September 2017
A new working paper at the NBER looks into the productivity of research effort, that is, how research effort correlates with an increase in output. ‘Are Ideas Getting Harder to Find‘, authored by N... Read more...
26 September 2017
Nicholas Bloom, a SIEPR senior fellow and co-author of a paper released this week by the National Bureau of Economic Research, contends that so many game-changing inventions have appeared since World War II th... Read more...
25 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
Article by John Van Reenen: What are the costs and benefits of regulation? Most countries treat smaller firms more generously when it comes to business regulation, exempting them from some of the burdens on la... Read more...
20 September 2017
Article by Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb: The rate of productivity growth in advanced economies has been falling. Optimists hope for a fourth industrial revolution, while p... Read more...
A fascinating new paper by Nicholas Bloom and colleagues at Stanford and MIT has created waves by claiming that ideas are getting harder to find, which implies that many more researchers are needed to maintain... Read more...
17 September 2017
14 September 2017
…the “dearth of new ideas” thesis still resonates. A new paper from Stanford’s Nicholas Bloom, Charles Jones, Michael Web and MIT’s John Van Reenen examines this particular aspec... Read more...
A team of top boffins is starting to worry that humans are running out of ideas and are citing the tech industry’s inability to come up with a solution for Moore's Law as a case study. Economic resea... Read more...
13 September 2017
Research just isn’t as effective as it used to be In a paper published Monday through the National Bureau of Economic Research, "Are Ideas Getting Harder to Find?", economics professors Nich... Read more...
11 September 2017
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
Research shows that policy uncertainty can drive down business investment by six to 10.5 per cent. To see how the election created uncertainty in B.C., the Fraser Institute created a proxy measure using newspa... Read more...
31 August 2017
Over the last full economic cycle, from 1993 to 2008, the cost of a hectare of residential land in London rose by over 300% in real terms, to more than £8m ($15m) and enough green-belt land is available ... Read more...
27 August 2017
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...
21 August 2017
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
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...
08 August 2017
Woking has the highest density of golf courses of anywhere in the UK at more than 10% According to The Guardian , Surrey has more land for golf courses than homes thanks to planning policies that ensure the... Read more...
28 July 2017
At the G7delle University, which took place recently in Udine, "I talked about the role of universities – concluded sun-in the development of the economic revival of the internal areas, as demonstra... Read more...
06 July 2017
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
10 June 2017
Article by Nicholas Bloom, Erik Brynjolfsson, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen Our analysis of the Census data, conducted with Lucia Foster and Ron Jarmin of the U.S. Census Bureau and... Read more...
18 April 2017
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
‘Agglomeration externalities and urban growth controls’, Wouter Vermeulen, Journal of Economic Geography Volume 17, Issue 1, January 2017 http://bit.ly/2n719tK Related publications Agglome... Read more...
09 March 2017
National figures on economic growth fail to take into account of regional variations and ignore quality of life, such as the gap in life expectancy between Surrey and the north east of England, the Inclusive G... Read more...
07 March 2017
The LSE Growth Commission sets out a new blueprint for inclusive and sustainable growth that deals with the challenges facing the UK, old and new. Based on the latest research, analysis and evidence from leadi... Read more...
03 March 2017
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...
02 March 2017
As the London School of Economics’ “Growth Commission” noted in a recent update on the UK economy, growing self-employment is eroding the incentives for companies to invest in training and sk... Read more...
01 March 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
Britain’s tax laws are biased in favour of the self-employed and should be reformed to enable greater investment in people instead of buildings and machines, the LSE Growth Commission has said. This was ... Read more...
23 February 2017
Snippet: ... Due today: latest migration figures from the ONS, and a report on the economy from the LSE Growth Commission. ... Read more...
© The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Volume 50, Issue 1 Pages 1 - 132, March 2017 Observations on Uncertainty (pages 79–84) Nicholas Bl... Read more...
21 February 2017
A recent paper by David Autor, David Dorn, Lawrence Katz, Christina Patterson and John Van Reenen speculates that tech might have enabled the rise of a few “superstar” companies in each industry. T... Read more...
15 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
There are several worrying trends in the global economy, such as rising inequality within countries and slowing productivity growth. But perhaps the most troubling of them is the fall in labor’s share of... Read more...
27 January 2017
And it isn't "infrastructure" Improving our management skills is part of this. John van Reenen at the London School of Economics has written about how the quality of management in different co... Read more...
25 January 2017
Evidence published in 2015 by Michaels and Graetz from a dataset of companies in 17 countries gathered between 1993 and 2007, suggests that while productivity increases with robotic innovation and some semi-sk... Read more...
16 January 2017
Investors should brace themselves for more profit warnings in 2017. This isn't simply because economic growth will slow this year: economists expect an expansion of only 1.2 per cent this year after 2 p... Read more...
04 January 2017
Growth will slow, incomes will be squeezed and investment delayed, FT survey finds Question: ‘How much, if at all, do you expect UK economic growth to slow in 2017?’ Stephen Machin, professor... Read more...
02 January 2017
We have seen signs that the companies which manage to exploit the robots and the Internet of Things (IoT) in their production machinery can compete with factories in the distant economies. This trend is furthe... Read more...
23 December 2016
Paul Cheshire, Professor of Economic Geography at the London School of Economics is a longstanding critic of Britain’s byzantine planning system. [No link] ... Read more...
02 December 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
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
Anna Valero, the London School of Economics, and John Van Reenen of MIT assessed exactly how much universities contributed to GDP. A total of 78 countries were examined over six decades, looking... Read more...
18 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
Article by Gabriel Ahlfeldt and Nancy Holman Good architectural design is a public good, but economists and policymakers lack robust evidence on the impact of well designed architecture on location value when planning s... Read more...
24 September 2016
Must-Read: Anna Valero and John Van Reenen: 'The Economic Impact of Universities: Evidence from Across the Globe' This article was published online by the Washington Center for Equitable Growth on September 22, 2016 Li... Read more...
22 September 2016
A paper by Nicholas Bloom and others, from Stanford University, finds that well-managed firms perform better than their peers and make a greater contribution to a nation's total-factor productivity. ... Bloom and colleag... Read more...
18 September 2016
Article by Anna Valero In 1900, just 1% of young people in the world were enrolled at university. Over the course of the next century this exploded to 20%, as recognition of the value of such an education became widespr... Read more...
15 September 2016
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
A recent research paper by Anna Valero and John Van Reenen of the LSE takes a statistical look at universities around the world, asking whether they seem to boost their regional economies. (Examples of a ''region'' inclu... Read more...
31 August 2016
''We estimate fixed effects models at the sub-national level between 1950 and 2010 and find that increases in the number of universities are positively associated with future growth of GDP per capita (and this relationsh... Read more...
23 August 2016
Most of the work on the value of college has focused on whether the return is worth the student's considerable investment. (Thus far, the yeas still have it.) But more and more research lately has asked whether colleges ... Read more...
19 August 2016
Paul Cheshire argues that golf courses capitalise on green belt planning laws which keep down land prices and contribute to a housing shortage. The interview was broadcast by BBC Radio 4 on August 10, 2016 Link to th... Read more...
10 August 2016
By Brian Bell, Associate Professor, Department of Economics, and John Van Reenen Director of the Centre for Economic Performance and Professor of Economics at the London School of Economics. Originally published at VoxEU... Read more...
08 August 2016
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...
02 August 2016
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...
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
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...
24 June 2016
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...
And while some experts argue that FDI is high in the UK due to a favourable business environment, others, such as the Centre for Economic Performance at the London School of Economics, suggest that ''being fully in the s... Read more...
22 June 2016
The 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...
20 May 2016
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
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...
18 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...
17 May 2016
With so many heavyweights, from Barack Obama to Mark Carney, saying that we will be worse off with Brexit, why are the polls still neck and neck? There seem to me two reasonable explanations: that the tabloid media have ... Read more...
16 May 2016
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
Investors who strongly favour green energy make less thorough location searches, writes Yatang Lin Wind power is becoming an increasingly important part of the US energy mix, taking up more than four per cent of the tot... Read more...
19 April 2016
A new RISE working paper, describing the development of an expanded survey tool, presents research findings that could be used to help systematically measure management practices in schools in developing countries, and p... Read more...
05 April 2016
The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer sk... Read more...
26 March 2016
What impact do universities have on a country's economy? Outlining the results of a study of universities across 78 countries, Anna Valero and John Van Reenen find that doubling the number of universities in a region inc... Read more...
25 March 2016
Expansion of higher education systems around the world is likely to continue, according to a study that found a strong correlation between opening universities and significantly increased economic growth. An analysis... Read more...
23 March 2016
If the UK added 1 university to each region, national income would grow 0.7%, write Anna Valaero and John Van Reenen. This article was published by the LSE Business Review blog on March 23, 2016 Link to article here ... Read more...
The CBI also said savings from reduced contributions to the EU's budget and regulation would be greatly outweighed by the negative impact on trade and investment. Last week a report by the Centre for Economic Performance... Read more...
21 March 2016
John Van Reenen discusses why wages aren't growing. The interview was broadcast by BBC Radio 4 News on March 13, 2016 Link to interview here Also ran on BBC World Service Linda Yueh interview John Van Reenen discus... Read more...
13 March 2016
''In the last seven to eight years, wage growth has been very disappointing in the world,'' says John Van Reenen, director of the Center for Economic Performance of the London School of Economics (LSE). This article was... Read more...
12 March 2016
John Van Reenen is director of the Centre for Economic Performance at the London School of Economics. ''Over the last seven or eight years, wage growth has been very disappointing all over the world. After the Second Wo... Read more...
09 March 2016
John Van Reenen discusses a decade of weak wage growth worldwide and its consequences This interview was broadcast by BBC World News on March 8, 2016 Link to interview here Also on WUWM-FM , WUNC-FM, WBFO-FM, NPR/Na... Read more...
08 March 2016
Paul Cheshire is interviewed about building on the green belt in the South East. The interview was broadcast by BBC South East on the Inside Out programme on February 29, 2016 Link to recorded interview here Related... Read more...
29 February 2016
Latest State of Working Britain blog by Jonathan Wadsworth The central message is that it would be wrong to conclude from analysis of the net change in employment that migrants take all new jobs. Rather the net change i... Read more...
09 February 2016
The opportunity to automjate UK workplaces does not necessarily mean huge unemployment and lower pay as machines take over. The claims came in presentations ahead of the Automatica Robotics Trade Show, and aimed to highl... Read more...
08 February 2016
[David] Blanchflower and [Stephen] Machin argue labour market must tighten further before pay growth picks up, something Bank of England consistently fails to acknowledge. This article was published by The Guardian on F... Read more...
02 February 2016
Article by Jonathan Wadsworth Some commentators have suggested that the latest upswing has been characterised by a greater share of low skilled jobs in the recovery compared to previous upturns. If so then we can all bl... Read more...
Dr Thomas Sampson from the Centre for Economic Performance says the EU accounts for about half of all UK trade. This interview was broadcast by Sky News Tonight on January 25, 2016 Link to interview here Related pub... Read more...
25 January 2016
There is an overall increase in new companies for a range of reasons. One reason has certainly been the economic downturn, which has resulted in people having difficulty find a job and turning to entrepreneurship, accord... Read more...
21 January 2016
Chancellor George Osborne will struggle to impose further spending cuts over the next five years, most economists believe. Question: Fiscal policy: Please explain which of the below statements is closest to your views.... Read more...
03 January 2016
Four out of five economists in the Financial Times survey see another good year of UK growth, keeping Britain near the top of the international table for advanced economies, a position it has enjoyed since the start of 2... Read more...
The size of the current account deficit and the UK's reliance on household consumption are among the main worries for Britain's leading economists. John van Reenen, Director, Centre for Economic Performance: First... Read more...
The World Bank Group launched the Competitive Cities report [1] on December 10 - ''Competitive Cities for Jobs and Growth: What, Who and How,'' which represents almost two years of research and analysis to put together a... Read more...
18 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
Earlier this year in a blog entitled ''Robots are infiltrating the growth statistics,'' the Brookings Institution commented on jointly conducted new research from Uppsala University and the London School of Economics, wh... Read more...
John Van Reenen, Director of the Centre for Economic Performance at the London School of Economics, discusses today's UK manufacturing. This interview was broadcast by Share Radio on December 8, 2015 Link to interview ... Read more...
08 December 2015
On video: Vince Cable, Diane Coyle, Bronwyn Curtis and Anna Leach, with John Van Reenen and Robin Mansell LSE Business Review's official launch event took place on 2 December. A panel of top UK economists discussed How ... Read more...
07 December 2015
The Economist quoted a study by John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, which conducted 14,000 interviews and discovered that UK employees score their bosses le... Read more...
04 December 2015
Chancellor George Osborne survived the Bush Tucker trial that was Wednesday's spending review. ... Professor John Van Reenen, director of the Centre for Economic Performance, said: ''The sexy centrefold was a naked rever... Read more...
28 November 2015
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
John Van Reenen interviewed about the economics of management, productivity, and information technology. This interview was broadcast by Economic Frontiers on November 9, 2015 Link to article here Related Publicati... Read more...
Passing mention of LSE work on infrastructure. Broadcast by BBC Radio Foyle on November 8, 2015 Link to broadcast here Also on: BBC Radio Ulster Link to broadcast here Related links John Van Reenen webpage Gr... Read more...
08 November 2015
Other members will include ... a former member of the LSE's Growth Commission and a former chief adviser to the Great London Authority. This article was published online by RTM - Rail Technology Magazine on October 30... Read more...
30 October 2015
Four ideas to improve Britain's bad record on big building projects UK government's plans for increased infrastructure spending and Centre for Economic Performance's recommendations. The article was published online by... Read more...
08 October 2015
The UK government's new Infrastructure Commission, unveiled at the Conservative Party Conference today (Monday 5 October), was one of the key recommendations of the LSE Growth Commission, which reported in the autumn of ... Read more...
05 October 2015
This was based on a study by Professor Paul Cheshire, of the London School of Economics, which declared that... This article was published by The Times on September 30, 2015 [Subscription needed to view article.] Re... Read more...
30 September 2015
Henry Overman interviewed by Philip Salter It's easy to make policy, but it's hard to make the right ones. These are the sorts of questions the excellent What Works Centre for Local Economic Growth looks at. It recently... Read more...
25 September 2015
...Produktivitat und dadurch zu mehr Wachstum'', sagt etwa Gabriel Ahlfeldt, Associate Professor an der London School of Economics (LSE). ''Urbanisation leads to higher productivity and therefore to more growth,'' says ... Read more...
04 September 2015
Leading economists have warned that Jeremy Corbyn's economic policies are 'likely to be highly damaging' and renationalising industry could actually 'make things worse'. In the new letter to the Financial Times, the aut... Read more...
03 September 2015
Article by John Van Reenen Voting for Jeremy Corbyn as leader is a gut reaction to Labour's electoral defeat. Corbyn does point to some real economic problems facing Britain but his policies are based largely on the kin... Read more...
17 August 2015
... 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
John Van Reenen interviewed on the UK budget. This interview was broadcast by China Central TV Europe (CCTV) on July 9, 2015 Link to broadcast here [Interview with Prof Van Reenen starts around 02.30] Related publicat... Read more...
09 July 2015
Article by Anna Valero In the 2015 summer budget, George Osborne at last identified the UK's productivity performance as an important issue that needs to be tackled. Here, Anna Valero reviews some of the measures ahea... Read more...
Article by John Van Reenen The most eye-catching announcement in today's budget was the National Living Wage. Now, this might be nothing more than a big hike in the minimum wage, but such increases can be beneficial. ... Read more...
Article by John Van Reenen Yesterday, George Osborne delivered the new government's first budget in which he surprised many by hiking the minimum wage significantly. John Van Reenen reviews the measures introduced, wr... Read more...
Similar work by Paul Cheshire and Christian Hilber, of the London School of Economics, estimated that in the early 2000s this regulatory shadow tax was roughly 300% in Milan and Paris, 450% in the City of London, and 800... Read more...
22 June 2015
Paul Cheshire discusses using limited amount of London's green belt for housing. The interview was broadcast by BBC Radio 4 News on June 14, 2015 [No link available.] Related Publications The Green Belt: A Plac... Read more...
14 June 2015
Britain's politicians say they are keen to reward aspiration, but soaring house prices are a significant block to achieving this. Professor Christian Hilber, from the London School of Economics, explains to Ferdinando Gi... Read more...
09 June 2015
Article by Keyu Jin Chinese Prime Minister Li Keqiang recently cited job creation as vital to his country's ''ultimate goal of stability in growth''. His observation could not be more accurate. In fact, one of the mos... Read more...
04 June 2015
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
Anna Sivropoulos-Valero interviewed, on productivity. The interview was broadcast live on BBC Radio 5 on May 13, 2015 Related publications Productivity and Business Policies, Isabelle Roland and Anna Valero, CEP... Read more...
13 May 2015
A steep reduction in UK emissions over the last two decades disguises a number of ineffective government policies, argues a new report from the London School of Economics. In a briefing on the key environmental policy is... Read more...
30 April 2015
Most economies across the globe have a low, or even shrinking, share of manufacturing jobs. At the same, such firms are increasingly embracing the use of robots in the workplace. Brookings Institute researchers use two ... Read more...
There's no relationship visible in the numbers between the change in factory employment and robot use, says Mark Muro, senior fellow at the Brookings Institution. In a blog post, he and Brookings colleague Scott Andes to... Read more...
'Robots at Work' - Centre for Economic Performance Discussion Paper No.1335 by Georg Graetz and Guy Michaels posted on the 'Must-Must-Read' blog. The DP was posted on the Washington Center for Equitable Growth's 'To... Read more...
27 April 2015
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
Article by Professor John Van Reenen, Director of the Centre for Economic Performance All elections since 1992 have been followed by net tax increases of around £5 billion in today's money. It is therefore incumbe... Read more...
11 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...
The stereotype of concrete London is misleading: a fifth of all land in the Greater London Authority is green belt, according to a report by the London School of Economics, business group London First and planning firm Q... Read more...
27 February 2015
Building an economy upon a massive and growing distortion in the market for land is foolish In a recent paper, Christian Hilber of the London School of Economics and Wouter Vermeulen of the Netherlands bureau for econom... Read more...
05 February 2015
Consider the example of planning policy. On one side of the barricades, there are those opposed to new development - perhaps not in general, but certainly when it comes to any specific attempt to build much-needed new h... Read more...
21 January 2015
The middle-class share of the U.S. wealth pie roughly doubled between the Great Depression and the early 1980s. But since then, the middle-class share has shrunk back to its lowest level since 1947, according to a study ... Read more...
20 January 2015
Nobel winner, Professor Chris Pissarides from London School of Economics, was unconcerned about a fall in China's growth rate. ''The slowdown was bound to happen and the Chinese are prepared for it'', he said. This ... Read more...
The Center for American Progress has published a lengthy and ambitious report on how to achieve ''inclusive prosperity'' - a subject that is sure to play a prominent role in the [US] 2016 election. The report is the p... Read more...
15 January 2015
New report from Inclusive Prosperity Commission, transatlantic group convened by the Center for American Progress, will present policy proposals to promote broadly shared prosperity throughout the United States Washingt... Read more...
Britain's recovery is secure and will continue at a good pace in 2015 even if growth is likely to be a bit weaker than last year, economists said in one of their most optimistic assessments since the financial crisis. ... Read more...
01 January 2015
LONDON GREENBELT: The London Society was instrumental in formulating London's Green Belt in the 20th century. Tonight, near Farringdon, it hosts a debate about the future of London's Green Belt with Jonathan Manns on beh... Read more...
07 December 2014
CEP Director, John Van Reenen, joins other City Growth Commissioners in launch of Final report, Unleashing Metro Growth. Commission Chair Jim O'Neill presents findings at 11am, Wednesday 22 October, 2014. Unleashing Gr... Read more...
22 October 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
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
Highams Park was not mentioned in material promoting business in Waltham Forest on the advice of London School of Economics (LSE) research, the council has said. There has been outcry after the area, long recognised as a... Read more...
20 July 2014
Only 10 per cent of the value of land in expensive cities is due to its natural scarcity. The rest is planning restrictions. Paul Cheshire and Christian Hilber at the London School of Economics applied the same trick to ... Read more...
16 July 2014
Presenter quotes an earlier appearance by Paul Cheshire on the BBC's 'Sunday Politics Show' discussing the use of the green belt for new housing sites. This mention was on the BBC Radio Bristol News on July 11, 2014... Read more...
11 July 2014
Article by Tim Besley and John Van Reenen In 2013 the LSE Growth Commission published a report into future UK growth. The aim of the Commission was to identify institutions and policies that could generate more growth i... Read more...
10 July 2014
Low volatility doesn't cause markets to turn down; but it leaves them vulnerable to unexpected bad news. Nicholas Bloom, professor of finance at Stanford University puts it well: ''The fact that volatility is well below ... Read more...
08 July 2014
The Government's Help to Buy scheme was also helping first time buyers move into the market, she added but Prof. Cheshire rejected the measures as ''putting fingers in dykes''. ''The help to buy scheme is simply a rec... Read more...
06 July 2014
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...
30 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
Stephen Stone, chief executive officer of Crest Nicholson Holdings Plc and Paul Cheshire, professor of economic geography at London School of Economics, discuss U.K. property prices, planning laws and building on green-b... Read more...
17 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
In a keynote paper to last week's Modelling World conference, Henry Overman said much greater discipline needed to be imposed on the claims made by policy-makers about transport investment's impact on the economy. ... Read more...
13 June 2014
The fourth reason given for building on the green belt: It encourages inequality The green belt increases social inequality by acting as a wall that confines urban dwellers at increasingly higher densities. Prof Paul C... Read more...
21 May 2014
Paul Cheshire discusses need for more housing on greenbelts. This interview was broadcast by BBC Berkshire on May 14, 2014 No link available. Related publications Turning houses into gold: the failure of Britis... Read more...
14 May 2014
The high prices reflect that people want to live in Australia, according to John Van Reenen, the director of the centre for economic performance at the London School of Economics. 'However, as the commodity boom and Chin... Read more...
12 May 2014
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
Article by Paul Cheshire While research I did in the 1980s showed that there was a small but measurable value of Greenbelts for people who lived near them, recent research by colleagues at the London School of Economics... Read more...
11 November 2013
These trends worry economists and a broad consensus is supportive of a focus on living standards rather than GDP. The London School of Economics growth commission this year, for example, stated that ''prosperity is stren... Read more...
09 November 2013
Article by John Van Reenen The proportion of UK-quoted shares owned by overseas investors passed the 50% mark for the first time last week. Predictably there was much wringing of hands about the decline of British busin... Read more...
30 September 2013
It should not be as difficult as we seem to make it. A working group at the London School of Economics pointed out a few months ago that growth is neither about the size of the state or about deregulation. It is about wh... Read more...
09 May 2013
In addition, my research with John Van Reenen of the London School of Economics shows that JVs (joint ventures) are 23% more productive on average than other firms. Those which had a technology transfer agreement that di... Read more...
01 May 2013
The medium-term growth rate of the economy depends far more on leaving resources in the innovative and productive private sector economy than on boosting short-term demand. In the short term, some of this adjustment will... Read more...
22 February 2013
The London School of Economics Growth Commission, a panel of academics, former government officials and business leaders, has just published a report on how to improve Britain's economic performance. "Investing for ... Read more...
05 February 2013
...Act received Royal Assent, we have agreed terms for the Northern Line Extension and announced £10 billion of projects that prequalify for a guarantee. A report last week from the London School of Economics Growth Com... Read more...
04 February 2013
Mention of the Growth Commission Broadcast on BBC1 West Midlands on February 3, 2013 Also on BBC Radio 4 Newspaper Review Lord Stern joins the panel for the newspaper review and mentions the LSE Growth Commiss... Read more...
03 February 2013
The London Crossrail project has been around since the 1980s. A report by the London School of Economics Growth Commission this week tackles the infrastructure problem head on. The commission points out that the UK's adv... Read more...
02 February 2013
Two things are striking about yesterday's report of the LSE Growth Commission. The first is the very strong implication of its conclusions that the path to future prosperity is decidedly one involving, indeed demanding, ... Read more...
01 February 2013
Leading economists have stepped up their pressure on Chancellor George Osborne, slamming his austerity measures and calling for an urgent plan for growth. The London School of Economics Growth Commission also branded gov... Read more...
Skills, infrastructure and innovation are the essential drivers of the productivity growth on which the UK's future prosperity depends. So while there are understandable concerns about the currently flat-lining economy, ... Read more...
IT IS tempting to think Britain is well past its best. The first nation to industrialise, it once topped the tables of output per person. It is now a mid-table mediocrity on the edge of a triple-dip recession. But a prop... Read more...
On Thursday 31st of January 2013, the long-awaited LSE Growth Commission Report was published and launched in London. The document itself is available for download from this link and I urge all teachers and students inte... Read more...
31 January 2013
Leading economists have condemned Britains flatlining economy and issued an urgent call for growth, dealing another blow to Chancellor George Osborne's credibility. The experts are behind a ''manifesto for growth'' which... Read more...
Britain's economy will not prosper unless its 'mediocre' education system is overhauled, a hard-hitting report says today. Written by a Nobel Prize-winning economist as well as former members of the Bank of England, the ... Read more...
Article by Tim Besley and John Van Reenen The latest GDP figures confirm that the UK economy has been more or less flat-lining since the financial crisis began. This column presents the LSE Growth Commission's integrate... Read more...
The Government just talking about an EU referendum is damaging investment and productivity, influential economists warn. This article was published online by Sky News on January 31, 2013 Link to article here See... Read more...
Investment in education, infrastructure and innovation are the keys to Britain's recovery from recession and long-term growth over the coming 50 years, a report said today. The London School of Economics Growth Commissio... Read more...
Investment in education, infrastructure and innovation are the keys to Britain's recovery from recession and long-term growth over the coming 50 years, a report says. The London School of Economics Growth Commission urge... Read more...
Why do we spend so little time talking about what really matters? That's the question I once again asked myself, reading the final report of the London School of Economics' Growth Commission. This article was publi... Read more...
Politicians should track progress in repairing Britain's recession-scarred economy by measuring how the average household is faring instead of focusing on GDP alone, according to a report by a panel of heavyweight econom... Read more...
Professor John Van Reenen was interviewed about the LSE Growth Commission report. The interview was broadcast on Sky News on January 31, 2013 See also BBC Norfolk LSE Growth Commission report is mentioned. Rel... Read more...
An influentual group of academics and business leaders has called on the Government to create an independent infrastructure bank to mitigate the "political procrastination" that has deterred investors from maki... Read more...
Written by a Nobel Prize-winning economist as well as former members of the Bank of England, the report from the London School of Economics calls for radical change to get the UK growing again. This article was publishe... Read more...
The most pressing question of our time for politicians - and indeed for the public - is why Britain is finding it so hard to grow and what, if anything, can be done about it. Business Secretary Vince Cable gave his take ... Read more...
Britain urgently needs new institutions to ensure vital infrastructure projects are not derailed by political indecision if the country is to prosper in the future, the London School of Economics has demanded in a "... Read more...
Article by John Van Reenen and Richard Lambert The UK needs to provide investors with incentives, write John Van Reenen and Richard Lambert. Creating a successful economy requires sustained investment of three basic kin... Read more...
30 January 2013
The LSE Growth Commission has been created to provide an authoritative input to a growth strategy for the United Kingdom. The commission will report within one year and along the way it will take evidence from leading... Read more...
20 January 2012
Professor John Van Reenen discusses the UK's prospects for economic growth, including the important role of company management and the potential of higher education as a key national industry. ... Read more...
05 May 2011