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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
A new Economics of Education Research Centre (EERC) to develop a robust evidence base for education and skills policymaking, is being established by the Centre for Economic Performance (CEP), UCL’s Centre for Educa... Read more...
20 May 2026
With great sadness we have learnt that our good friend and colleague David Metcalf has passed away. Together with Richard Layard and Stephen Nickell, David set up the Centre for Labour Economics, which became the Centre ... Read more...
09 February 2026
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
Lee Elliot Major writes about the need for new financial arrangements for universities to uphold the principle that a university education should be accessible to all. ... Read more...
21 January 2025
Congratulations to Daniel Chandler who has been awarded the 2024 Voltaire Lecture Medal for his work on how to create a fair society. Chandler, research director of the LSE’s Programme on Cohesive Capitalism and a... Read more...
12 September 2024
Stephen Machin, professor of economics at LSE and CEP director, has been appointed to the newly-created Labour Market Advisory Board, it was announced today. Professor Machin is one of eight board members appointed by w... Read more...
10 September 2024
Academics have an opportunity to exert more influence in policymaking with demand for robust evidence on the rise, according to Richard Layard, co-author of a report that seeks a "radical change in the government's spend... Read more...
03 September 2024
From ending zero-hours contracts to boosting benefits, Britain's new government wants to shift power back to staff. Stephen Machin, Alan Manning and Jonathan Wadsworth explain how the power balance stands now. ... Read more...
07 July 2024
Daniel Chandler writes that to address the vast inequalities in the United States, a fundamental rethink of economic institutions and the values that guide them is needed. ... Read more...
14 May 2024
Places for vocational training should be funded in the same way as degrees and match demand from young learners, says Richard Layard. ... Read more...
26 October 2023
The authors of The Self-employment Trap, published by the Centre for Economic Performance (CEP), show how stagnant incomes and rising costs are having an impact on the wellbeing of the self-employed and increasing their ... Read more...
24 September 2023
Stephen Machin, director of CEP, is due to give a flagship British Academy lecture on wage controversies at the Bristol Ideas Festival of Economics. Professor Machin will address topics including how does high inflation... Read more...
07 November 2022
Donna Ferguson interviews Lee Elliot Major to find out why he made the move to academia - and his latest plans to improve the life chances for our poorest pupils. ... Read more...
06 November 2022
"Full earnings" account for wellbeing as well as financial reward. When wellbeing is factored into the equation, women and workers from ethnic minorities tend to be most vulnerable to the widening income inequality in th... Read more...
09 September 2022
The UK has spent years in hock to a failed economic orthodoxy. Now the consequences are coming to a head—all at the same time, Will Hutton writes. ... Read more...
08 September 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
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
Xavier Jaravel explains some of the basic concepts around inflation. ... Read more...
12 April 2022
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
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
Richard Layard and Ken Clarke write about the need to improve opportunities for young people who don’t go to university. ... Read more...
04 December 2021
Alan Manning offers insights on trends in workers switching or leaving jobs during the Covid-19 pandemic. ... Read more...
17 November 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
Amid criticism of a government-commissioned race report for downplaying the extent of problems in the labour market, Alan Manning explains there's no evidence for pay gaps being smaller than they we... Read more...
18 April 2021
A study by Jack Blundell, Stephen Machin and Maria Ventura finds almost two-thirds of Britain’s self-employed workers are suffering financially from Covid-19, as the latest lockd... Read more...
02 March 2021
In light of the Biden adminstration's Covid-19 Relief Bill, Felix Koenig analysis the historical impact of minum wage bills on jobs and wages. ... Read more...
26 February 2021
Lee Elliot Major is invited onto BBC Radio 4’s Today programme [1:15:20] to talk about pupil catchup funding, the national tutoring programme and inequalities. ... Read more...
24 February 2021
Few aspects of modern society have remained unaffected in some way by the Covid-19 pandemic, and so it's perhaps no surprise that a new report by Jiaqi Li, Anna Valero, Guglielmo Ventura shows that jo... Read more...
12 February 2021
Study by LSE's Richard Davies finds price volatility during the Covid-19 pandemic has been higher than in any comparable period since 1991. ... Read more...
05 February 2021
Richard Layard and Gus O’Donnell write about the need for policy makers to aim for the wellbeing of the people, now and to come – focusing more on what matters to people, their mental and physical ... Read more...
27 December 2020
New incentives need to be introduced to encourage employers to invest in younger workers who have been hit hard by the Covid-19 pandemic, the London School of Economics and Political Science has said. ... Read more...
16 December 2020
New research by Lee Elliot Major finds the majority of parents with school aged children feel that exams should be amended to compensate for learning loss resulting from Covid-19. ... Read more...
06 November 2020
New research finds that while 14-year-olds who enrol at University Technical Colleges (UTCs) get significantly worse GCSE results than their peers, 16-year-olds who enrol at a UTC outperform their peers in sk... Read more...
14 October 2020
COVID-19 was the great equaliser, it was claimed during the early days of the pandemic. Lee Elliot Major explains that the virus didn't care whether you were rich or poor. We were all in it together. ... Read more...
25 September 2020
Top incomes have grown rapidly in recent decades and this growth has sparked a debate about rising inequality in Western societies. Felix Koenig et al investigate whether migration can account for the maj... Read more...
17 September 2020
Why we need to do something about the monopsony power of employers - Alan Manning writes about how monopsony lowers worker mobility and wages, in this new blog article at LSE. ... Read more...
26 August 2020
With evidence emerging that Covid-19 is increasing the divide in life chances between rich and poor. Steve Machin and Lee Elliot Major consider reform to avoid a decline in social mobility and e... Read more...
17 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...
Countries with existing cash-transfer programs can immediately broaden eligibility and increase the size of the benefit. India is doing just that, according to LSE Professor Swati Dhingra. Given the scale of t... Read more...
19 May 2020
There's an opportunity to build a new social contract, tackle inequality, foster innovation and adopt a long-term industrial strategy, write Sam Unsworth and Anna Valero. ... Read more...
18 May 2020
School closures have cost £1bn per week in lost 'teaching inputs' and extra teaching hours will be needed to help some pupils, finds the study Covid-19 school shutdowns: What will they do to our ... Read more...
07 May 2020
Discussing the potential effects of COVID-19 on housing, Paul Cheshire and Christian Hilber write that real house prices and rents may initially fall. Yet housing will remain unaffordable f... Read more...
06 May 2020
Speaking to Econ Films’ CoronaNomics show Lord Gus O’Donnell said he feared the impact of the lockdown was undermining the Prime Minister’s ambitions of reducing income and regional... Read more...
School closures during the coronavirus lockdown could leave disadvantaged children six months behind their peers, researchers find. ... Read more...
29 April 2020
...... unless the government steps up and offers immediate funding support to training providers, says academic.Guglielmo Ventura, CEP research assistant, says the government should give a guarantee to every existing a... Read more...
07 April 2020
Professor Stephen Machin, director of CEP, helps explain how many workers are more vulnerable to the economic fallout from the coronavirus than the record-high employment figures suggest. "The last 12 ... Read more...
06 April 2020
Professor Stephen Machin, director of CEP, and Henry Overman, research director of CEP, contribute to an investigation into the differences in wages and opportunities across the country and why some towns and ... Read more...
09 March 2020
Nikhil Datta, trade and labour researcher at the London School of Economics has conducted research of 2,000 workers across the US and UK economy and found that most workers valued job security over flexibility.... Read more...
02 December 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
Downward mobility - the phenomenon of children doing less well than their parents - will become a reality for young people today unless society makes dramatic changes, according to two of the UK's leading experts on soci... Read more...
If, as Aiyar and Ebeke argue, low intergenerational mobility is a good proxy for inequality of opportunity, then its steep decline in Britain has alarming implications for the economy. According to researchers at the Uni... Read more...
11 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
New research reports from the Centre for Economic Performance (CEP) at the London School of Economics are highlighted in the Autumn 2019 CentrePiece magazine. As CEP approaches its thirtieth birthday in 202... Read more...
01 November 2019
How can social mobility be improved? Lee Elliot Major and Stephen Machin write that merely tweaking existing policies will not transform society. They outline four major changes that have the potential to actually do so.... Read more...
30 October 2019
Another widely cited study - by Georg Graetz at Uppsala University and Guy Michaels of the London School of Economics - also uses the IFR data but a different methodology, and shows that industrial robots increase produc... Read more...
17 October 2019
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
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 Social Mobility and its Enemies, Lee Elliot Major and Stephen Machin offer a thought-provoking assessment of the state of social mobility in Britain. In the context of much social and political change and rising level... Read more...
29 September 2019
Young people from less well-off backgrounds are more likely to pursue lower ranked upper-secondary qualifications than their prior attainment would suggest that they can achieve. Recent research from Konstantina Maragko... Read more...
27 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...
21 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
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
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
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
Those who are already doing well in world labor markets are able to benefit - or at least to lose less-from disruption. It is those who are not doing so well who find their inferiority of position amplified by occupation... Read more...
30 August 2019
City centres aren't dying as a response to big-box openings; they are only changing their commercial structure, writes Maria Sanchez-Vidal. ... Read more...
21 August 2019
A recent study from the London School of Economics highlights the challenge for those people whose skills become less in demand as a result of economic or technological disruption. They analyze the lifetime earnings of S... Read more...
19 August 2019
Monica Langella and Alan Manning find that high unemployment in an area induces people to move away, and has an even stronger effect on the attractiveness of that area to potential movers. They also find that younger and... Read more...
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In many economies, the popularity of 'atypical employment relationships' is increasing. More and more people are using free time jobs, working on their own, making money through shared services. Economist Nikhil Datta pr... Read more...
26 July 2019
Both Christian Hilber, professor of economic geography at LSE, and Rory Meakin, research fellow at the TaxPayers' Alliance, thought stamp duty hindered some from downsizing and meant larger family homes were generally un... Read more...
23 July 2019
More than a century ago, the opening of the Panama Canal revolutionized international trade by making it much quicker and easier to travel between the Atlantic and Pacific Oceans. But, write Stephan Maurer and Ferdinand ... Read more...
22 July 2019
But looking at the details of health-care pricing casts doubt on this explanation. For example, economists Zack Cooper, Stuart Craig, Martin Gaynor and John Van Reenen have uncovered a number of odd anomalies in the way ... Read more...
A study at the London School of Economics has found that such bans damage local construction and tourism industries. At the same time, outsiders, who are banned from new-build homes, flood the market for older places, pu... Read more...
20 July 2019
By Nikhil Datta, PhD candidate, UCL, and Research Assistant, CEP, LSE. Originally published at VoxEU Is the rise of 'atypical' work arrangements - such as self-employment, freelancing, gig work and zero-hour contracts -... Read more...
19 July 2019
Nikhil Datta Is the rise of 'atypical' work arrangements - such as self-employment, freelancing, gig work and zero-hour contracts - a result of workers wanting such jobs or because they have no other choice? This column... Read more...
Role models matter for innovation too. Research from economists Raj Chetty and John Van Reenen studied the lives of over a million inventors in the US. Using a database that linked patent records to local tax and school ... Read more...
17 July 2019
Freelancers, gig workers and the self-employed like flexibility, but they would much prefer job security, writes Nikhil Datta.... Read more...
16 July 2019
A recent study set out to explore how effective apprenticeships were at supporting students as they both learn new skills and make their way into the workplace. The researchers assess young people who completed their GCS... Read more...
12 July 2019
Since the advent of industrial robots, various studies have been published on "How industrial robots affect manufacturing". For example, according to an industry survey of 17 countries from 1993 to 2007 (Graetz, G and G ... Read more...
In an article for Bloomberg last month, Noah Smith notes that the hubbub about technological unemployment and falling wages is largely a lot of scary hand-wringing over what is possible rather than clear-headed analysis ... 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
It has become increasingly evident that disparity is linked to life dissatisfaction as discussed in the book The Origins of Happiness by Andrew E Clark, Sarah Fleche, Richard Layard, Nattavudh Pawdthavee, and George Ward... Read more...
09 July 2019
In the most definitive study to date, published this year in the top-rated Quarterly Journal of Economics, economists Doruk Cengiz and Dube as well as Attila Lindner of University College London and EPI's Zipperer evalua... Read more...
08 July 2019
Snippet: ...'s virtually impossible However good the advice they get is are trying to understand the make your way through that is extremely hard and Professor Sandra McNally runs the centre for vocational education rese... Read more...
Properties on the Lockington Crescent estate were on the market for between £4,500 and £7,000 - considerably cheaper than in London, where homes were up to 30% more expensive, according to economic historian ... Read more...
07 July 2019
Nicholas Bloom of Stanford made an analogy with a quite different arena: "Barcelona does not pick its team based on being born in Barcelona—if it did it would not win anything. The ECB should also pick the best." So to... Read more...
05 July 2019
According to LSE research (from the Centre for Vocational Educational Research) apprentices are earning 20% more than the people who take the full-time college route, Lord Layard said in his contribution to the debate ar... Read more...
04 July 2019
03 July 2019
... and the author of the new research paper, Nikhil Datta. "They value these, and other aspects of job security like sick leave and paid holiday, ... ... Read more...
GIG ECONOMY work is a necessity rather than a choice, and those reliant on it would be willing to earn less in exchange for more job security, according to a study of workers in the UK and the US. The report by the Londo... Read more...
02 July 2019
Freelancers, gig workers and the self-employed like flexibility, but they would much prefer job security, writes Nikhil Datta... Read more...
"Workers like knowing when their next pay check is coming, where it's coming from and how much it will be," said Nikhil Datta, researcher at the ... ... 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
26 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...
25 June 2019
Workers facing occupational decline earn 2-5 per cent less over their careers; low earners can lose 10 per cent, write Per-Anders Edin, Tiernan Evans, Georg Graetz, Sofia Hernnas and Guy Michaels. ... Read more...
Per-Anders Edin, Tiernan Evans, Georg Graetz, Sofia Hernnas, Guy Michaels As new technologies replace human labour in a growing number of tasks, employment in some occupations invariably falls. This column compares ou... Read more...
24 June 2019
What about in the UK? Stephen Machin, Jo Blanden and friends pointed out that those born in the 1950s were more socially mobile than those born in the 1970s, who entered the labour market at the UK's peak of inequality. ... Read more...
22 June 2019
The introduction of an extra robot for a thousand workers reduces the employment rate by about 0.18-0.34 percentage points and wages by 0.25-0.5 percentage points. Looking at a sample of 17 countries, Georg Graetz and Gu... Read more...
20 June 2019
Workers facing occupational decline earn 2-5 per cent less over their careers; low earners can lose 10 per cent, write Per-Anders Edin, Tiernan Evans, Georg Graetz, Sofia Hernnas and Guy Michaels.... 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
The statistics reflect research warnings that the majority of A-level grades predicted by teachers are incorrect. A 2016 report by Dr Gill Wyness of the UCL Institute of Education found that one in six A-level grade pred... Read more...
07 June 2019
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...
04 June 2019
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...
03 June 2019
Explaining the changes, Professor Alan Manning, chair of the committee, said the labour market was "very different" to the one that existed during the last shortage occupations review six years ago."Unemployment is lower... Read more...
29 May 2019
However, pay varies among different sectors, which contributes to an earnings gap between men and women, write Chiara Cavaglia, Sandra McNally and Guglielmo Ventura. ... 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
18 May 2019
To try to anticipate the impact of the widespread adoption of artificial intelligence, beyond the anecdotal that the newspaper headlines may be about layoffs caused by automation, it is useful to analyze the real experie... Read more...
This article was written by professor Andrew E. Clark (LSE), and professor Conchita D'Ambrosi and Marta Barazzetta, from the University of Luxembourg. A version of this article was first published on the LSE blog. For mo... Read more...
13 May 2019
Young people are now less likely to 'do better' than their parents. Lower wage growth is a key factor, write Jo Blanden, Stephen Machin and Sumaiya Rahman. This blog post is based on 'Falling Absolute Intergeneratio... Read more...
08 May 2019
What makes this idea particularly absurd is that studies repeatedly find that lower-income households experience greater inflation than higher - earning ones. (Researcher Xavier Jaravel dubbed this "inflation inequality"... Read more...
Exbibit C: Inequality is increasing, a point recently acknowledged by the Productivity Commission. At the top it seems to be driven more by the seeking of favours than by productivity, a point persuasively argued by Gigi... Read more...
07 May 2019
Workers in the agricultural sector are among the most vulnerable to being paid below the minimum wage and HMRC needs to be more proactive in punishing non-compliant businesses, a leading employment expert has warned. ... Read more...
03 May 2019
Is there a relationship between childhood circumstances and outcomes later on in life? Andrew E. Clark, Conchita D'Ambrosio, and Marta Barazzetta consider the cognitive and non-cognitive consequences on young adults who ... Read more...
30 April 2019
... in property. Professor Christian Hilber, professor of economic geography ...... Read more...
27 April 2019
Snippet: ...ionally at the heart of most vocational courses, a major piece of research exclusively shared with Tes shows. The report by Andy Dickerson and Damon Morris, at the Centre for Vocational Education Research (C... Read more...
26 April 2019
In this latest blog post, Andy Dickerson and Damon Morris changes in skill utilisation and returns to skills over time in the UK.... Read more...
Dr Stefan Speckesser, Dr Matthew Bursnall and Jamie Moore share the findings of a new report.... Read more...
25 April 2019
Dr Stefan Speckesser from the National Institute of Economic and Social Research, which conducted the analysis, said the study showed that some local areas were more successfully tackling the negative effects of disadvan... Read more...
24 April 2019
Less efficiency and lower profitability for firms carry lessons for Britain and the US, write Kilian Huber, Volker Lindenthal and Fabian Waldinger. Talented individuals are often excluded from leadership positions if th... 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
12 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...
In Episode 4 of the DIAL Podcast, Dr Jo Blanden from the University of Surrey talks about her research using the British Household Panel Survey and Understanding Society to look at home ownership and earnings for younger... Read more...
09 April 2019
Snippet: ...es at non-Russell Group universities, new research shows. Researchers at the National Institute for Economic and Social Research (NIESR) affiliated with the Centre for Vocational Education Research (CVER) - ... Read more...
03 April 2019
In the mid 1990s, a UK employer could advertise an opening for a security guard on an hourly wage of just £2 - with a requirement to bring their own dog. Twenty years on from the introduction of a national mini... Read more...
01 April 2019
Snippet: Creating universities directly impacts the economic growth of the region Snippet: According to a study conducted by researchers at the London School of Economics in England and the Massachusetts Institute of T... Read more...
And a review of studies by a Boston College economist Christina Olivetti and British colleague Barbara Petrongolo showed that nearly all developed nations have some form of subsidized early-childhood education. The U.S. ... Read more...
27 March 2019
The Office for National Statistics (ONS) last week published employment figures for the three months to January which showed that more than 90% of new jobs were full-time. "That doesn't mean they are high-quality jobs," ... Read more...
23 March 2019
Steve Machin, head of the London School of Economics Centre for Economic Performance, says more people of pensionable age are staying in the workforce: "The rise in labour force participation of older people is very stri... Read more...
Researcher Prof Richard Layard, from the London School of Economics, said: "If governments want to stay in power they should take the happiness of the people more seriously than economic measures."... Read more...
22 March 2019
The lesson for cities? If you want to solve poverty and marginalization, the smartest approach is to get the experts - the poor and marginalized - to help with solutions. But more broadly, as happiness economist Jan-Emma... Read more...
"We were standing at his desk in his office when I broached the idea of a global happiness report, and I would attribute the idea to Thinley's leadership and the compelling scientific findings of Professors Helliwell and... Read more...
21 March 2019
Snippet: ...ince 1975.Average earnings increased by 3.4 per cent in the year to January, down by 0.1 per cent on the previous month but still outpacing inflation. However, one of the report's authors, Professor Richard L... Read more...
Snippet: ...core of 2.85 was South Sudan. The Central African Republic and Afghanistan were just above it. The annual happiness report was commissioned by the United Nations in 2012 and co-founded by Lord Layard, a profe... Read more...
Across the world people's evaluations of their happiness dropped to levels that were last seen after the financial crisis of 2008-09, having briefly risen in its aftermath but then fallen steadily. Levels of happiness in... Read more...
But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolun Yu of the London School of Economics, the clearest impact of Help to Buy has been to raise house prices, potentially by as much as 5 ... Read more...
09 March 2019
Snippet: ...home buyers. It was supposed to increase home-ownership rates among the young. Economists dispute whether it actually has. But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolu... Read more...
07 March 2019
This new report, undertaken jointly by the Centre for Vocational Education Research and the What Works Centre for Local Economic Growth provides a real life example of how these questions play out in practice by looking ... Read more...
06 March 2019
By Nicholas Bloom Scott Ohlmacher Cristina Tello-Trillo Melanie Wallskog For 2010 and 2015, the U.S. Census Bureau fielded the Management and Organizational Practices Survey (MOPS) in partnership with a research team of... Read more...
Research indicates that universal child care might encourage people to have children. Spending on Research indicates that universal child care might encourage people to have children. Spending on early-childhood programs... Read more...
26 February 2019
Research indicates that universal child care might encourage people to have children. Spending on early-childhood programs tends to be related to an increase in fertility and a decrease in the gender wage gap, economists... Read more...
"One of the features of these very big firms is that they've got high profits but they have low labor shares," said John Van Reenen, an economics ... [paywall] ... Read more...
23 February 2019
A recent paper by economists from the LSE's Centre for Economic Performance suggests the introduction of the National Living Wage in April 2016 had such an impact. The paper examined closely the effects on the social car... Read more...
21 February 2019
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
But recent research by economists Nikhil Datta, Giulia Giupponi and Stephen Machin suggests that undesired zero-hours contracts may have become more prevalent because of minimum wage hikes. [paywall] ... Read more...
15 February 2019
UK Universities should ignore migration targets set by Westminster, says Alan Manning, the government's lead adviser on migration. Manning, chairman of the Migration Advisory Committee (MAC), is also a professor of econo... Read more...
14 February 2019
The UK government's lead adviser on migration has claimed that the Home Office's net migration target no longer drives policy. Alan Manning, professor of economics at the London School of Economics and chair of the Migra... Read more...
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
Ross Levine and Yona Rubenstein, economists at University of California, Berkeley, and The London School of Economics, wrote a paper about the shared traits of entrepreneurs in 2013. Guess what? Most were white men who w... Read more...
The fall is more pronounced among companies that enjoy high market power, write Brian Bell, Pawel Bukowski and Stephen Machin. ... Read more...
11 February 2019
A new study looks at the long-run evolution of rent sharing between companies and workers in the UK and finds that rent sharing has significantly decreased between 2001 and 2016, particularly among companies that enjoy m... Read more...
08 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...
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
04 February 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
One little-known study could, however, help shed light on where the problem really lies. According to Professors Bell and Van Reenen of the LSE, the real issue is not that CEO pay has been inflated, but that worker pay h... Read more...
29 January 2019
Claudia Olivetti at Boston College and Barbara Petrongolo at Queen Mary University of London found little evidence that extended leaves had a positive effect on women's employment or earnings - but found that subsidized ... Read more...
25 January 2019
One irony is that just as France has scrapped admissions lotteries, some in the UK and US are beginning to wonder whether they might be a good idea - albeit in a much more limited form than the pre- system. In a book pub... Read more...
17 January 2019
A survey by Stephen Machin and Giulia Giupponi, two researchers at the London School of Economics, involved more than 20,000 self-employed, gig economy and zero-hours respondents. On average, workers on zero-hour contrac... Read more...
15 January 2019
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
Lee Elliot Major and Stephen Machin explain how Britain has become less mobile, particularly at the top and bottom of society. Social Mobility And Its Enemies, Lee Elliot Major & Stephen Machin, Pelican, October 2018... Read more...
04 January 2019
19 December 2018
If you are in any doubt about the influence that the person leading a college has on its performance, look no further than a 2017 research paper by Jenifer Ruiz-Valenzuela, Camille Terrier and Clementine Van Effenterre (... Read more...
14 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
Camille Landais, Giulia Giupponi interviewed by Tim Phillips, 07 December 2018 Even though countries all over the developed world implemented short-time work policies during the great recession, we didn't know whether ... Read more...
07 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
The British are destined to stay on the same rungs of the economic or social ladder for successive generations, write Lee Elliot Major and Stephen Machin.... Read more...
28 November 2018
This report draws conclusions globally. For India, we understand there's been a lot of progress on improving allocative efficiencies. For many policy makers the next frontier is some of the capabilities which are interna... Read more...
26 November 2018
Innovation is widely viewed as the engine of economic growth. To maximize innovation and growth, all of our brightest youth should have the opportunity to become inventors. But a study we recently conducted, jointly wit... Read more...
21 November 2018
Evidence on how the positive economic effects of universities on individuals and the economy can be maximised - by Ghazala Azmat, Richard Murphy, Anna Valero and Gill Wyness.... Read more...
Jan-Emmanuel De Neve discusses the living wage with @EamonnHolmes on @talkRADIO Listen to @talkRADIO at 5.15pm this evening to hear Jan-Emmanuel De Neve discuss the #livingwage with @EamonnHolmes! @jedeneve pic.twitte... Read more...
08 November 2018
Wellbeing Programme research by CEP Associate Grace Lordan is discussed, looking at the societal and childhood impacts on gendered sorting patterns.... Read more...
07 November 2018
Left-behind places are lending themselves increasingly to the forces of populism and political disintegration, writes Riccardo Crescenzi. A complex flow of investment is spreading across the globe, connecting more a... Read more...
Work by the Wellbeing Programme cited: "...showed that only a quarter of those who need treatment for mental illness actually get it."... Read more...
06 November 2018
Alan Manning estimates that a minimum wage set at 50% of the median earnings will not result in big job losses. Manning's work had direct impact on the design of the UK National Minimum Wage in 1999, and some initial imp... Read more...
02 November 2018
Opinion: We asked 20,000 people their preferences on shifting employment patterns This piece was written by Nikhil Datta, Giulia Giupponi and Stephen Machin at LSE’s Centre for Economic Perf... Read more...
18 October 2018
Research by CEP Economists Nikhil Datta, Giulia Giupponi and Stephen Machin. "A report recently undertaken by three labour market economists has found that 44% of workers on zero-hours contracts would like more workin... Read more...
13 October 2018
We cling on to the hope that education can act as the great social leveller, enabling children from poorer backgrounds to overcome the circumstances they are born into. But in our book Social Mobility and Its Enemies, St... Read more...
28 September 2018
By Maria Molina-Domene Why do small establishments pay employees less than large establishments? The final pieces of this puzzle have not been found yet. This paper suggests the joint role of the division o... Read more...
27 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
Hiking the minimum wage for low-paid care workers has a “rather worrying deterioration in the quality of care”, according to a new study. Care homes have responded to the introduction of the N... Read more...
08 July 2018
Tertiary education in England is heavily skewed in favour of universities, but offers poor value for money for students and the economy, according to a critical report by the House of Lords. The report by the ... Read more...
11 June 2018
We should also worry about our rather odd exam system. To have high stakes national exams at the age of 16 — GCSEs — is relatively unusual by international standards. It is easy to understand their... Read more...
04 June 2018
Silicon Valley and the City of London should give up some of their massive gains from globalization to ensure workers in cities like Detroit and Hull do not continue to fall behind. But… “Addressi... Read more...
29 May 2018
Silicon Valley and the City of London should give up some of their massive gains from globalization to ensure workers in cities like Detroit and Hull do not continue to fall behind. But… &ldqu... 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
In 2015, a study by Guy Michaels and George Graetz (https://voxeu.org/article/robots-productivity-and-jobs) looked at the impact of robots in manufacturing, agriculture and utilities across 17 countries. They ... Read more...
14 May 2018
A new study by IZA fellows Stephen Machin and Sandra McNally with Jenifer Ruiz-Valenzuela (all researchers at the London School of Economics) analyzes the benefits (or costs) for students who just pass (or fai... Read more...
07 May 2018
But among the export panel, Alex [sic] Manning, professor of economics, London School of Economics, believes the net impact on jobs of AI, robotics and other automation technologies will be zero, as new jobs w... 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
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
Pupils who narrowly fail to achieve a grade C in their GCSE English exam pay a high price, according to new research. A study from the Centre for Vocational Education Research explored what happened to young p... Read more...
18 April 2018
If teachers and pupils weren’t under enough pressure in the run-up to GCSEs, new research has quantified the potentially life-changing impact missing a grade can have on a young person. Accordi... Read more...
13 April 2018
Pupils who narrowly fail their English GCSE exams pay a high price, according to a new study by the Centre for Vocational Education Research at the London School of Economics. Researchers at the centre,&n... Read more...
Article by Stephen Machin, Sandra McNally and Jenifer Ruiz-Valenzuela. New research by the Centre for Vocational Education Research (CVER) [CVER Discussion Paper 014] analyses the benefits (or costs) for ... Read more...
Pawel Bukowski (LSE) about the research presented at the IBS seminar “(Un)equal wages, incomes and wealth in Poland?” (Warsaw, 23/10/2017). ... Read more...
12 April 2018
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
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
Commentary by Leslie Walz, of Barre, who is a retired Vermont nurse. Numerous studies have shown that raising the minimum wage doesn’t hurt job growth, and differences in minimum wages in neighbour... Read more...
16 March 2018
That a counter-cyclical monetary policy of low interest rates can raise the yields of certain financial assets, whose property tends to be biased towards families with higher assets and this encourage inequali... Read more...
12 March 2018
Free Higher Ed wouldn't enhance equity: students are disproportionately from high-income households, write Ghazala Azmat and Stefania Simion. ... Read more...
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
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
Findings suggest that a mother’s personality has a big impact on the academic performance of teenagers, regardless of other factors. Academics assessed women’s “internal locus of control&rdqu... Read more...
08 February 2018
While Caplan dismisses the possibility that universities offer society any real economic benefit, data shows otherwise. After studying new data from UNESCO’S World Higher Education Database, covering 15,... Read more...
06 February 2018
Related publications Locus of Control and its Intergenerational Implications for Early Childhood Skill Formation (pages 298-329) The Economic Journal Volume 128, Issue 608, February 2018 Warn N. Lekf... Read more...
05 February 2018
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...
Gianmarco Ottaviano of the London School of Economics and Giovanni Peri of UC, Davis, looking at U.S. labor markets, estimate that between 1990 and 2006 new immigrants reduced wages of previous immigrants by a... Read more...
30 January 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
The prospect of this book did make me happy. The idea that a group of well-respected, eminent economists would be making the case that government should focus its efforts on increasing the happiness ... Read more...
22 January 2018
Schools and individual teachers have a huge effect on the happiness of their children. Indeed, the school that children attend affects their happiness nearly as much as it affects their academic performance. W... Read more...
Lord (Richard) Layard, the economist, hosted a dinner at the London School of Economics last week to celebrate the publication of a new book by him and his colleagues, called The Origins of Happiness. It is de... Read more...
21 January 2018
Taiwan has recently raised the basic wage, the issue of whether the basic salary workers benefit from rekindling. However, do you think about it, the salary is higher than the basic wage of many workers, and t... Read more...
15 January 2018
But more recently, that premium has shrunk to just 20 per cent, Stansford University economist Nicholas Bloom and his co-authors found in an analysis of millions of federal income data from the late 1970s thro... Read more...
11 January 2018
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...
29 December 2017
In accordance with the theory of skill-biased technological change, many researchers are convinced that automation predominantly threatens low-skilled workers, who are at risk of being substituted for intellig... Read more...
19 December 2017
How about the notion that smarts determine life success? That idea too has come under assault from recent research. A recent paper by economists Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova, and John... Read more...
16 December 2017
Article by Alan Manningi It has been more than eight years since many of the United States’ cashiers, dishwashers, janitors, lifeguards, baggage handlers, baristas, manicurists, retail employees, hous... Read more...
12 December 2017
Article by Alan Manning. It has been more than eight years since many of the United States’ cashiers, dishwashers, janitors, lifeguards, baggage handlers, baristas, manicurists, retail employees, h... Read more...
Article by Gill Wyness Given that twenty years have passed since the introduction of fees in the UK, we now have the opportunity to look at the evidence. In a new Centre for Global Higher Education working ... Read more...
07 December 2017
The paper published at the London School of Economics is the result of an international collaboration between Hilary Steedman (former member of BIBB's scientific advisory board) and researchers f... Read more...
Article by Gill Wyness In a recent paper, co-authored with Richard Murphy, from the University of Texas at Austin, and Judith Scott-Clayton, from Teachers College, Columbia University, we looked at the cons... Read more...
05 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...
03 December 2017
But there will be voices calling to keep the current system in place - and the Department for Education will be unlikely to provide any propulsion for change. A report this week from the Centre for Global High... Read more...
01 December 2017
Post Budget analysis has focused on the UK's productivity woes - but a UK-wide report singles out Gloucester as a hotbed of entrepreneurial business growth and talent way ahead of the Capital. … The... Read more...
24 November 2017
But graduates with first-class degrees are more likely than those with a 2:1 to work in high-wage industries – and they earn starting salaries that are about 3 per cent higher, according to research publ... Read more...
23 November 2017
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...
Article by Sandra McNally With the UK’s poor economic forecast doing few favours to the skills budget, government must ensure it’s putting money into policies that will actually raise overall pr... Read more...
Two research centres have also been established in recent years, looking specifically at post-16 education and training: the Centre for Vocational Education Research at the London School of Economics, and the ... Read more...
13 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
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...
06 November 2017
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
England, which used to provide tuition-free public universities, switched to a tuition system in 1998, and has raised fees several times since then. Economists Gill Wyness, Richard Murphy and Judith Scott-Clay... Read more...
02 November 2017
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...
Economists Gill Wyness, Richard Murphy and Judith Scott-Clayton studied the impact of getting rid of free college. What they found might prove a shock to Sanders supporters: The analysis shows that since the m... Read more...
01 November 2017
31 October 2017
However, not everyone agrees with the rhetoric emerging from the US regarding the failings of its workforce. Alan Manning, Professor of Economics at LSE argues: “The retraining process tends to work best... Read more...
30 October 2017
Yet, according to economists Gill Wyness, Richard Murphy and Judith Scott-Clayton, who have studied this British system, it does not work so badly. The authors focus on three dimensions: the accessibility of s... Read more...
Paying gig economy workers a premium level of the national minimum wage would risk confusing an already “too complicated” system by “over-egging the pudding”, MPs were told today. ... Read more...
25 October 2017
Director of labour market enforcement looking at measures against owners who refuse to follow employment regulations The government should consider imposing an embargo on goods made in factories where worke... 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...
24 October 2017
Article by Gill Wyness, Richard Murphy and Judith Scott-Clayton The question of who should pay for higher education continues to be hotly debated across the world. This column uses the case of the English h... Read more...
21 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
Gill Wyness, a senior lecturer in the economics of education at the UCL Institute of Education, said there might be logic in this approach given that universities were arguably being incentivised at the moment... Read more...
05 October 2017
House of Lords Economic Affairs Committee will be holding its first oral evidence session related to the inquiry into the economics of higher, further and technical education on Tuesday 10 October. Paul Johnso... 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...
A study by the London School of Economics (LSE) found some evidence that graduates with a 2:1 degree would earn, on average, £81,000 more over a career lifetime than someone graduating with a 2:2; howeve... Read more...
03 October 2017
The future for young people in Britain today looks very bleak. The Centre for Economic Performance reports that within Britain - which is surpassed only by Greece for worst wage growth of the OECD countries - ... Read more...
20 September 2017
In a well-functioning economy, workers are rewarded for their productivity. As output, jobs and hours worked rise, so does income. Over the past two years, that seems to be exactly what’s happening. T... Read more...
18 September 2017
17 September 2017
In a well-functioning economy, workers are rewarded for their productivity. As output, jobs and hours worked rise, so does income. Over the past two years, that seems to be exactly what’s happening. The ... Read more...
15 September 2017
Snippet: down and down and then the NHS within a matter of the housing crisis for napping and all that get blamed on immigrants. Mention of a study done at the London School of Economics looking at the relatio... Read more...
09 September 2017
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
Higher skill levels among London’s workforce explains about two-thirds of the productivity gap between the capital and the rest of the country, according to Henry Overman, director of the What Works Cent... Read more...
03 September 2017
But unlike many researchers, who maintain a laser-like focus on the question of whether minimum wage cuts jobs in the short term, Neumark has examined the policy from many angles. A recent paper of his, along ... Read more...
23 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
Two economists said they've found new evidence that minimum-wage hikes force employers to automate low-skilled workers' jobs, reports CNBC. According to David Neumark of UC Irvine and Grace Lordan of t... Read more...
…More importantly, most of the wealth control of US companies is not one of the few top industries, but a few top companies. 10% of the most profitable US companies are 8 times the average profit of the... Read more...
A sharp minimum wage increase in the U.S. will most severely impact low-skilled workers, according to an analysis of U.S. Census Bureau “Current Population Survey” data from 1980 to 2015 by economi... Read more...
17 August 2017
There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest ... Read more...
There is new evidence that raising the minimum wage pushes business owners to replace low-skilled workers with automation. And it shows that old, young, female and black low-skilled workers face the highest le... Read more...
The main people behind the study are London School of Economics’ Grace Lordan and University of California, Irvine’s David Neumark. Their conclusion is that “low-skilled” workers are at... Read more...
16 August 2017
New research indicates that minimum-wage laws have forced companies to accelerate the introduction of technology in the workplace, hurting American workers in mostly low-skilled jobs. The findings come from a ... Read more...
A $1 increase in the federal minimum wage could cost the national economy tens of thousands of jobs, according to a new study by economists Grace Lordan of the London School of Economics and David Neumark of t... Read more...
In a new study, two economists, Grace Lordan of the London School of Economics and David Neumark of the University of California at Irvine, analyzed 35 years of census data from the United States. The dat... Read more...
The desire for a higher wage is pretty self explanatory. However, the impact a minimum wage increase could have on society is not so clear. In an effort to shed light on this subject, researchers at the Nat... Read more...
15 August 2017
Grandma got replaced by a robot Old, lower-skilled manufacturing employees lose jobs to robots amid minimum wage increases, new research from the University of California at Irvine’s David Neumar... Read more...
When the minimum wage goes up, the robots come for people's jobs. That's the upshot of a paper published today on the National Bureau of Economic Research's website (abstract, full PDF paywalled), ... Read more...
A new working paper by Grace Lordan of the London School of Economics and David Neumark of the University of California at Irvine finds that increasing the minimum wage lowers the share of jobs susceptible to ... Read more...
14 August 2017
States that raise their minimum wages may put low-skill workers at risk of having their jobs automated, according to a new academic paper published Monday. The study published by the National Bureau of Economi... Read more...
In People Versus Machines: The Impact of Minimum Wages on Automatable Jobs, Grace Lordan, associate professor in health economics at the London School of Economics, and David Neumark, professor of economics at... 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...
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
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
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
Professor Stephen Machin took part in this programme about the minimum wage. Has the initial success of the minimum wage meant politicians have extended the policy to damaging levels? All the major politica... Read more...
24 July 2017
Article by Sandra McNally The UK’s productivity suffered a shock in 2008 from which it has not recovered, and the ‘skills problem’ needs to be addressed. Within the context of a broader in... Read more...
21 July 2017
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
Related article Sunday 16 July Schools Week Education has ‘done nothing’ to improve social mobility http://schoolsweek.co.uk/education-has-done-nothing-to-improve-social-mobility/ Re... Read more...
12 July 2017
Research by Cesar Hidalgo and his colleagues at MIT reveals that, in countries where sectoral concentration has declined in recent decades, such as South Korea, income inequality has fallen. In those where sec... Read more...
Paul Cheshire, emeritus professor of economic geography at the London School of Economics, told Building: “There’s likely to be a downward correction of house prices, primarily because of decl... Read more...
07 July 2017
Simon French of Panmure Gordon told the newspaper: “These prices are only sustainable in a world of permanently low interest rates and low unemployment. Any sharp correction in either the credit or the l... Read more...
06 July 2017
Earlier this week Paul Cheshire, a professor of economic geography at the London School of Economics, gave a starker warning. He said: “We are due a significant correction in house prices. I think ... Read more...
05 July 2017
Construction of McMansions has also increased but people who have smaller homes near where McMansions are built are much, much unhappier with their homes, according to a paper published in the spring by r... Read more...
HOUSE prices in Britain are close to a crash that could be as bad as the bust of the early 1990s, according to warnings from a leading economics expert Paul Cheshire, Professor of Economic Geography at the ... Read more...
Globalisation, technological progress and a range of policies and institutions are driving ‘Great Divergences’ in wages and productivity, write Giuseppe Berlingieri, Patrick Blanchenay and Chiara C... Read more...
Construction of McMansions has also increased but people who have smaller homes near where McMansions are built are much, much unhappier with their homes, according to a paper published in the spring by resear... Read more...
04 July 2017
In the days since the fire, Grenfell Tower has been held up as a tragic symbol of the social ills facing Britain: a detached political class; nearly seven years of a government-led austerity program that has s... Read more...
23 June 2017
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
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
10 June 2017
In total, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain part of the EU’s common market. Related publications ‘#GE2017Economists: The... Read more...
A year ago, in June 2016, the British voted on their country's EU membership. Economists and financial markets were in bright turmoil and warned of the consequences of a Brexit. Today, twelve months later,... Read more...
08 June 2017
The London School of Economics (LSE) has published a report assessing all of the party manifestos and how respective policies will affect key voter issues. Intended to be "objective, brief and non-tech... Read more...
For the first time in years, UK voters have a real choice between economic models The Centre for Economic Performance at the London School of Economics has published a series of election analyses, looking a... Read more...
06 June 2017
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...
05 June 2017
According to a London School of Economics (LSE) paper, Brits were the worst off when it came to their real wages, with pay falling by more than five percent between 2007 and 2015. Researchers for the presti... Read more...
The UK has suffered the biggest drop in average real wages of any OECD country except depression-wracked Greece, according to a pre-general election analysis published by the London School of Economi... Read more...
All of the UK’s main political parties now highlight the importance of an ‘industrial strategy’ with the aim of improving economic growth and achieving more balance in how its gains are distr... Read more...
30 May 2017
Bank of England Monetary Policy Committee claims that nominal wage growth will return close to 4% by 2019 are "rather implausible and over-optimistic", according to two respected academics at the Cen... Read more...
According to Sandra McNally, professor of economics at Surrey University, the Conservatives’ figures are misleading. This is because the “per pupil figure” was frozen from 2010 to 2011 and ag... Read more...
27 May 2017
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
There are three reasons to be sceptical about the Bank’s forecasts for the growth in earnings in future years, and hence the recovery in real wages. One is that unemployment may not stay as low as 4.5 pe... Read more...
17 May 2017
One reason for the weakness of earnings growth is the ferocious squeeze on public sector pay, which – stripped of bonus payments – is rising at just 1.3% a year. A second factor is that employers a... Read more...
David Blanchflower, a former Bank of England policymaker and a London School of Economics professor, is saying that wages are likely to remain low for several years. He’s particularly critical of how the... Read more...
15 May 2017
Article by Giuseppe Berlingieri, Patrick Blanchenay and Chiara Criscuolo Some firms pay well while others don’t; and some are highly productive while many aren’t. This column presents new firm-l... Read more...
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
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
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...
07 March 2017
Trails for the Chancellor’s budget speech on Wednesday promise big new plans for technical education in England. Professor Sandra McNally of the Centre for Vocational Education Research (C... Read more...
06 March 2017
The government is refusing to say whether more funding will be given to two “pioneering” FE research centres after their start-up grants end shortly. Meanwhile, the Centre for Vocational Educati... Read more...
03 March 2017
The LSE Growth Commission sets out a new blueprint for inclusive and sustainable growth that deals with the challenges facing the UK, old and new. Based on the latest research, analysis and evidence from leadi... Read more...
Why has net migration continued to rise and successive government’s failed to hit their targets? According to the Centre for Economic Performance (CEP), the majority of those who come from the EU, do ... Read more...
23 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...
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
Dr Hilary Steedman discusses IFS report criticising huge investment into apprenticeships. 0725 Is the way in which the Government will fund new apprenticeships a monumental waste of money? Dr Hilary S... Read more...
31 January 2017
Dr Hilary Steedman, senior research fellow at The London School of Economics, speaking on the BBC’s Today programme, said: “I think the IFS has really overstated their case here. We have a really s... Read more...
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
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
Using national level data on worldwide robot shipments across 17 countries, George Graetz and Guy Michaels show that robots may have been responsible for about a tenth of the increases in those countries&rsquo... Read more...
Sir David Metcalf has today (5 January 2017) been named as the first Director of Labour Market Enforcement to oversee a government crackdown on exploitation in the workplace. ... Read more...
05 January 2017
The minimum wage tsar is more interesting than the government would have you believe. The biography, as released by Whitehall, of Professor Sir David Metcalf, who has been appointed as the first director of la... Read more...
Sir David, who was chairman of the Migration Advisory Committee until August 2016, will set the strategic priorities for the: Gangmasters and Labour Abuse Authority Employment Agency Standards Inspecto... Read more...
Employers who deny workers the minimum wage could face two years in jail under plans to accelerate a crackdown on unscrupulous companies and gangmasters. The government will appoint a “labour marke... Read more...
Article by Gill Wyness With UK tuition fees now among the highest in the world, but benefits from having a degree remaining substantial, choosing the right university has never been more important for young... Read more...
09 December 2016
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth of the... Read more...
17 November 2016
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth ... Read more...
16 November 2016
Given the increased usage of robotics and other automation, how will that impact the productivity numbers? In July of 2015, Georg Graetz and Guy Michaels published a paper, “Estimating the Impact of Robo... Read more...
07 November 2016
Article sources a figure from 'Guessing game: Actual job losses due to robots may not be as bad as anticipated for most countries' (Source: George Graetz and Guy Michaels, “Robots at Work”.... Read more...
27 October 2016
Study of 36,000 undergraduates identifies positive relationship between financial aid, retention and attainment The larger the bursary a student receives, the more likely they are to get a good degree, according to a ma... Read more...
18 October 2016
New arrivals flock to the occupations and industries in which existing immigrants work, argues Barbara Petrongolo. Most economists would argue that there is not much of a trade-off involved in this choice. Th... 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
This article was based on the research of Luis Garicano and Thomas N. Hubbard. Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left ... Read more...
16 October 2016
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...
I am one of those people who, as she anticipated, have a bit of a problem with something Mrs May said about immigration: If you're one of those people who lost their job, who stayed in work but on reduced ... Read more...
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...
Article includes nine charts to help provide an answer to 'And what is the real impact of immigrants on the rest of the workforce and the wider economy?' including: Jonathan Wadsworth a researcher at the London School ... Read more...
Economic migrants are seen as a threat to jobs and the welfare state. The reality is more complex. Immigration of low-skilled workers has become an increasingly contentious political issue in both America and ... Read more...
01 October 2016
The capital's schools are the best in the country. Can they be copied? According to a report last year by researchers at the Institute for Fiscal Studies and the London School of Economics, one-sixth of the improvement ... Read more...
Economic migrants are seen as a threat to jobs and the welfare state. The reality is more complex Until quite recently the academic literature treated migrants as substitutes for native workers. But what if they were co... Read more...
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
In today's interview, we sat down with Alan Manning, Professor of Labour Economics at the London School of Economics. He is a leading author in his field, particularly in understanding the imperfections of labour markets... Read more...
27 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
...UK-wide, we have increased our school leaver intake by 47 per cent because we have already started to see the positive results that increased social mobility and diversity can have on both your bottom line and wider ... Read more...
25 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
John Van Reenen, professor of economics at Massachusetts Institute of Technology, agreed. ''The natural explanation of the stable college premium is that the rise in the supply of graduates has been balanced by an increa... Read more...
18 August 2016
More jobs but lower living standards: that's been how most people have experienced Britain's economic performance since the financial crisis. ... The London School of Economics' Centre for Economic Performance has referr... Read more...
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
Davvero i robot ci ruberanno il lavoro? A che cosa serve davvero l'automazione? Tutte queste predicazioni hanno in comune di invitare i popoli ad abbandonare qualsiasi progetto di poter in qualche modo essere protagonist... Read more...
12 August 2016
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
Working mothers in low-skilled jobs are being forced to either considerably reduce their hours or give up work altogether after having a second child, according to a wide-ranging study that suggests lack of access to chi... Read more...
The addition of a second child can put families under serious financial strain - and in the case of women on the lowest incomes - convince them to give up work altogether in the face of rising childcare costs, a new st... Read more...
07 August 2016
A new study finds that, while the addition of a second child has little effect on the working hours of mothers in skilled jobs, it has a substantial and negative effect on low-skilled women who are forced to reduce their... Read more...
06 August 2016
Three short paragraphs to explain the Brexit vote: The British people have suffered tremendously since the financial crisis. The real wages of the average person fell by about 10 per cent between 2007 and 2015. This... Read more...
04 August 2016
Article by John Denham For the past 20 years and longer, Ministers of all parties have wanted to see more employers support employees and apprentices to gain higher levels skills and higher education. With strong bi-par... Read more...
03 August 2016
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...
Education is not just a vital cornerstone of our culture and economy, it is also potentially one of the great social levellers. However rich or poor our parents, however supportive or dysfunctional our families, a high-q... Read more...
02 August 2016
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...
27 July 2016
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...
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...
26 July 2016
And if income inequality were not related to our kind, our ethnicity or our level of education, but rather to our workplace? Some employers pay better than others. And the gap between those who pay well and those who pay... Read more...
21 July 2016
Finally, there is the low reputation of economists, the result of a global financial crisis that only a few in the profession warned us against. But the institutes that analysed the risks and rewards of Brexit can hardly... Read more...
20 July 2016
Article by Erling Barth, Alex Bryson, James Davis and Richard Freeman Income inequality has risen throughout the advanced world. Various explanations have been suggested for this, but these tend to focus on who you are.... Read more...
18 July 2016
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
Article by CVER Director, Sandra McNally, on some of the recommendations of the recent Sainsbury Report The incoming British prime minister Theresa May has outlined a vision of a country that ''works not for the privile... Read more...
15 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...
Article by Ghazala Azmat and Rosa Ferrer Gender gaps in earnings exist in high-skill industries despite male and female workers having similar educational backgrounds. This column uses evidence from the legal industry t... Read more...
12 July 2016
Post-16 education and training is still socially and academically divided, research shows Thousands of 16 year-olds are stuck in an educational ‘revolving door,’ returning year after year to study low-level qualifi... Read more...
08 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
Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left and to ''make America great again'' from the right. But the wage gap separating ... Read more...
05 July 2016
The 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
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...
27 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...
26 June 2016
Labour MPs now walk around saying that immigration reduces domestic wages, that the rich man has got a cheaper plumber, but the indigenous plumber has had to reduce his fees. Usually this argument is framed as an assault... Read more...
25 June 2016
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...
23 June 2016
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...
21 June 2016
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...
20 June 2016
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
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...
11 June 2016
The big bluff of robotisation Numerous studies announce us that Automation is going to lead to a massacre of jobs. At the same time, the productivity slowdown worries official economists and Christiane Lagarde, Presiden... Read more...
10 June 2016
Study after study confirms that EU migrants have an overwhelmingly positive effect on the British economy. They have a higher employment rate (78.2%) than people born in the UK (72.5%), those from Poland and other A8 acc... Read more...
Economists care a great deal about the minimum wage because it is a policy prescription that increasingly affects a large portion of the workforce and because it is a clear case of government intervention, imposing a flo... Read more...
09 June 2016
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
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
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
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...
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 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
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
Recently Gabriel Zucman, of the London School of Economics, estimated that $7.6-trillion of global cross-border wealth is being held in tax havens. This figure includes only financial assets. If it also accounted for ass... Read more...
16 May 2016
Em uma entrevista ao jornal Financial Times, o professor Alan Manning, da London School of Economics, diz que em sua visao sobre a historia dos salarios minimos, ele sempre se surpreendeu com como e possivel aumenta-lo s... 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
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...
Perhaps the most overlooked aspect of economic inequality has been the role that firms play in it. It's safe to say that a significant part of the growing gap in how well different firms pay can be attributed to the lat... Read more...
11 May 2016
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...
If graduates are feeling like they never get any better off, despite having a degree, maybe that's because they really are getting poorer. The Centre for Economic Performance at the London School of Economics has descri... Read more...
27 April 2016
The Panama Papers have helped expose just how big the problems of offshore tax havens are. Professor Gabriel Zucman, from the London School of Economics, had already estimated the amount of offshore money by measuring di... Read more...
19 April 2016
Article by Jonathan Wadsworth Welcome back. The Bank of England has a regular labour market commentary in its quarterly bulletin in which it looks at issues that may influence productivity, wage pressure and hence infla... Read more...
18 April 2016
Gill Wyness, lecturer in the economics of education at the UCL Institute of Education, said that St John's students would welcome the funding but warned that a move towards support coming from universities rather than th... Read more...
14 April 2016
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...
12 April 2016
There's no doubt that smartphones have remarkable capabilities which, in theory, could promote student learning. But the truth is that kids - in spite of the best efforts of parents and teachers - use their phones prima... Read more...
Cornell's Richard Burkhauser has co-authored (with Jan-Emmanuel De Neve and Nattavudh Powdthavee of CEP) a research paper that contends a person's satisfaction drops as the percentage of overall income held by the very r... Read more...
06 April 2016
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
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...
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...
A research paper by Richard Burkhauser, Jan-Emmanuel De Neve and Nattavudh Powdthavee contends that a person's satisfaction drops as the percentage of overall income held by the very rich in a country rises. However, the... Read more...
Some say of newer institutions that more means less, but that's not true - more universities mean a larger economy. ... A study from the London School of Economics, ''The economic impact of universities: evidence from a... Read more...
''My view of the history of minimum wages is that we've always been surprised about how you seem to be able to push them up without harming job prospects,'' says Alan Manning, a professor at the London School of Economic... Read more...
29 March 2016
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...
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
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...
15 March 2016
And it is a global problem: wage growth has been weak throughout the world for almost a decade. ''In the last seven to eight years, wage growth has been very disappointing in the world,'' says John Van Reenen, director o... Read more...
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
In an article entitled 'Be happy, pay more to the taxman', Professor Richard Layard argues that it is the income gap, rather than total wealth that is most pertinent to people's happiness. Studies show, writes Layard, th... Read more...
John Van Reenen interviewed, giving his expert opinion on falling income levels. This interview was broadcast by the BBC World Service programme 'The Inquiry' on March 8, 2016 Link to interview here Related links Jo... Read more...
David Blanchflower and Stephen Machin, in a report for the London School of Economics' Centre for Economic Performance, don't rule out a return to 4%-plus wage rises at some point. It was the norm before the 2008 banking... Read more...
06 March 2016
And a study published this week by the Centre for Economic Performance at the LSE showed the link between degree grade and subsequent earning power in the UK. This article was published online in BBC News on February 2... Read more...
24 February 2016
Article by Jan-Emmanuel De Neve and Nick Powdthavee Despite growing concern over the economic and social implications of the increasing concentration of wealth among a wealthy elite, we continue to know very little abou... Read more...
16 February 2016
In the period 1993-2007, manufacturing employment in this country fell by around 55%, while the use of robots rose by around 80%. By contrast, Germany’s deployment of robots rose by around 165% and its m... Read more...
15 February 2016
The study, Graduate Returns, Degree Class Premia and Higher Education Expansion in the UK, published by the Centre for Economic Performance at the London School of Economics, finds that, five years after university, grad... Read more...
14 February 2016
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...
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
Report Launch - Building Skills for All Review of England On 28 January 2016 we hosted the launch of the OECD report on adult skills in England, Building Skills for All, Review of England. In England there are... Read more...
28 January 2016
A report (Pay growth predicted to stall at 2% as number of skilled workers rises, 30 December, page 20) said that over the past year almost three-quarters of new jobs created went to non-UK nationals, according to offici... Read more...
20 January 2016
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...
03 January 2016
Article by David Metcalf Would it be sensible to fill vacancies by attracting extra nurses from outside of the EU? These are the main questions the home secretary asked the Migration Advisory Committee (MAC) to examine ... Read more...
16 December 2015
Robots at work is a study by Georg Graetz of the University of Uppsala in Sweden and Guy Michaels at the London School of Economics that analyzes statistics from 1993 until 2007 of 14 industries in 17 developed countries... Read more...
15 December 2015
Georg Graetz and Guy Michaels (2014) teachers at the University of Uppsala (Sweden) and the LSE, have written a study called 'Robots at Work' that has examined the effects of the use of robots in 14 manufacturing sectors... Read more...
14 December 2015
A recent study by Guy Michaels and Georg Graetz shows that robots might not drive people out of work. Instead they raise productivity which reduces the prices of goods and services. Lower prices increase demand to which ... Read more...
The opportunities for social mobility, that higher education and income than the parents, is less in the United Kingdom than in Norway. Professor Stephen Machin at the Centre for Economic Performance in the United Kingdo... Read more...
10 December 2015
'Bleak' prospects A seminar on social mobility in the UK, to be held at the London School of Economics on Thursday, will hear that too little progress is being made. It will be addressed by Prof Stephen Machin, res... Read more...
Earlier this year in a blog entitled ''Robots are infiltrating the growth statistics,'' the Brookings Institution commented on jointly conducted new research from Uppsala University and the London School of Economics, wh... Read more...
09 December 2015
Article by Lee Elliot Major and Stephen Machin Private tutoring is booming and elite universities remain preserve of middle classes; something must change, say Lee Elliot Major and Stephen Machin Social mobility is t... Read more...
Now, robots in the past have never been job-killers. First investigations of scientists Georg Graetz and Guy Michaels on the effects of robots show an increase in labour productivity, added value and wages, but also a re... Read more...
01 December 2015
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
Anna Valero suggests ways to deal with deficits in skills, infrastructure and innovation. This article was published online by the LSE Business Review blog on 23 November, 2015 Link to article here Related publicati... Read more...
In his speech Sanders also cited a remarkable statistic: 0.1 percent of American families enjoy almost as much as wealth 90 percent of the rest of the country put together. In 2014 just 160,000 families - each with a ne... Read more...
21 November 2015
Social mobility plays a curious and sometimes tortuous role in our national political psyche. We love talking about it even if we can't, or won't, do much about it. Greater mobility is a goal lionised by all politicians ... Read more...
18 November 2015
''Immediately after the General Election in May this year, the Migration Advisory Committee (MAC) was commissioned by the Conservative government to examine Tier 2 of the Points-Based System,'' ... The MAC indicated in A... Read more...
01 November 2015
Robots are gradually becoming a part of everyday life, and as a result are impacting on the economy. To look at the influence robots are having, Joe Aldridge speaks with Guy Michaels, Associate Professor at the London Sc... Read more...
12 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
We already have two sets of pioneering work being undertaken in the UK to address this very problem. One is the JPMorgan Foundation funded work at the Institute of Public Policy Research working with US business Burning ... Read more...
30 September 2015
Look out, Thomas Piketty. Here comes Gabriel Zucman. With a slim new book that has the feel of Piketty's bestselling Capital in the 21st Century, Zucman, a baby-faced 28-year-old University of California-Berkeley econom... Read more...
21 September 2015
We decided to examine Sanders' statement that the richest 0.1 percent has nearly as much as the bottom 90 percent. Its a standard line in Sanders' speeches. Warren Gunnels, policy director of Sanders' presidential campai... Read more...
Economists Emmanuel Saez of the University of California-Berkeley and Gabriel Zucman of the London School of Economics have been studying wealth inequality for a long time. Here is their graph of the divergence in wealth... Read more...
10 September 2015
Two economics professors have studied the impact the machines have had on employment, and their findings painted a positive picture. Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics ... Read more...
02 September 2015
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity ... The interview was published online by Eagle Radio News on September 2, 2015 [Link unavailable] Relate... Read more...
The economic benefits of industrial robots installed since the early 1990s have been similar to those of the railways in the 19th century, US highways in the 20th century, and information and communications technologies ... Read more...
01 September 2015
...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...
Discussion of LSE research on robots. HOST: THE LONDON SCHOOL OF ECONOMICS DID A STUDY ON THE USE OF ROBOTS. SOME OF THE THINGS THEY FOUND OUR THAT IN 17 COUNTRIES THE USE OF ROBOTS INCREASED... The filmed interview wa... Read more...
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity and employment in a variety of countries between 1993 and 2007 to see if the trepidation about the increased u... Read more...
It's a powerful and timely point. Rent extraction and rising inequality are two sides of the same coin. Research by Brian Bell and John Van Reenen last year suggested that up to two-thirds of the increase in the overall ... Read more...
24 August 2015
In any recession, young people tend to suffer first. Moreover, unemployment among 16-24-year-olds was edging up even before the financial crisis. Youngsters have since faced a ''double whammy'' of scarcity of work and fa... Read more...
20 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
Article by Georg Graetz and Guy Michaels The authors say that: ''Industrial robots boost productivity and growth, but effect on jobs is an open question''. This article was published online by the LSE Business Review o... Read more...
13 August 2015
In a new paper from London's Center for Economic Research [sic] George Graetz, of Uppsala University, and Guy Michaels, of London School of Economics found that industrial robots have actually driven labor productivity a... Read more...
In a recent discussion paper for the London School of Economics Centre for Economic Performance, Stephen Machin, professor of economics at University College London, and Richard Murphy, assistant professor of economics a... Read more...
A study by researchers at the London School of Economics earlier this year found that immigration to Britain has not increased unemployment or reduced wages. This article was published by The Gulf Today on August 11, 20... Read more...
11 August 2015
There is very little evidence to suggest that migration has a significant negative impact on wages or employment. A study by researchers at the London School of Economics earlier this year found that immigration to Brita... Read more...
10 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...
Article by Georg Graetz and Guy Michaels Robots may seem dangerous not only to cinema action heroes but also to the average manufacturing worker. To assess whether such concerns are well founded, Guy Michaels and Georg ... Read more...
Article by Gill Wyness and Richard Murphy Rather than reinventing the wheel, universities should pay careful attention to what has already been learned in schools around effective teaching. This article was published b... Read more...
Robots and automated processes have become a feature of many modern workplaces, but what impact do such innovations have on productivity and jobs? Using a new dataset, Georg Graetz and Guy Michaels present an analysis of... Read more...
05 August 2015
Guy Michaels of the Centre for Economic Performance, LSE, discusses the use of robots in industry. This interview was broadcast by Share Radio on August 2, 2015 [No link available] Related publications Robots at work... Read more...
02 August 2015
Article by Gill Wyness There were a surprising number of announcements relating to higher education in George Osborne's budget this week. One of the most controversial was the announcement that university maintenance gr... Read more...
10 July 2015
A large body of empirical evidence suggests either that reasonable minimum wages do not destroy jobs at all, or that they do not destroy very many. The evidence is, of course, mixed and contested. Much of it comes from t... Read more...
Article by John Van Reenen The most eye-catching announcement in today's budget was the National Living Wage. Now, this might be nothing more than a big hike in the minimum wage, but such increases can be beneficial. ... Read more...
09 July 2015
Article by John Van Reenen Yesterday, George Osborne delivered the new government's first budget in which he surprised many by hiking the minimum wage significantly. John Van Reenen reviews the measures introduced, wr... Read more...
Dr Christos Genakos, of the London School of Economics, studied the impact of decisions to ease Sunday trading rules in 30 European countries between 1999 and 2013. He found the reforms boosted net employment by 7-9 per ... Read more...
08 July 2015
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
For the first question, the argument for lowering the rate is that a higher rate makes people behave in such a way that there is less income to be taxed in the first place. So a higher rate may not bring in much more mon... Read more...
25 June 2015
Iain Duncan Smith, the welfare secretary, has exhorted companies to ''pay their full share'' of workers' remuneration rather than leaving it to the state to prop up incomes through tax credits. Professor Steve Machin, re... Read more...
23 June 2015
...nero su bianco dal responsabile economico del partito Luis Garicano, economista della London school of Economics e precedentemente a Chicago, dove e stato allievo del premio Nobel per l'economia ... The proposal was... Read more...
22 June 2015
A new paper by Mr Saez and Gabriel Zucman of the London School of Economics reckons past estimates badly underestimated the share of wealth belonging to the very rich. It uses a richer variety of sources than prior studi... Read more...
The study 'Robots at Work' (Robots at work), published in February 2015 analyzes the impact of the growing automation in the economic development of 17 countries. Its authors Georg Graetz of the University of Uppsala and... Read more...
21 June 2015
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
In fact, there is not much evidence on how even today's automation is affecting employment. Guy Michaels and his colleague Georg Graetz at the London School of Economics recently looked at the impact of industrial robots... Read more...
16 June 2015
Provided in a new paper from London's Center for Economic Research [sic], the analysis offered by George Graetz and Guy Michaels of Uppsala University and the London School of Economics, respectively, offers some of the ... Read more...
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
One of the reasons for this, according to Gill Wyness, a researcher in education policy at the centre for economic performance at the London School of Economics and a lecturer at the University College London Institute o... Read more...
11 June 2015
...in 2013, I wrote that the evidence was 'mixed on wages, with some evidence of downward pressure for the lower paid'. He argues that the latter statement contradicts the former. In the intervening five years, we've ha... Read more...
Universities spend huge amounts of money on bursaries and scholarships - over £400m in 2014. Yet there is no evidence that the level of financial support offered to students by institutions has any impact on their ... Read more...
10 June 2015
Having a politician relative adds an average of 500 euros a year to one's salary, according to a new study by two Italian economists. This is equal to a 3 percent increase in an average paycheck. In comparison, every a... Read more...
02 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
Corporate greed isn't good, but it might not be as bad for inequality as we thought - or at least not in the way we thought. Now it seems pretty obvious that inequality must have something to do with executive pay. After... Read more...
29 May 2015
Article by Camille Terrier French teachers went on strike on May 19 to voice their disapproval of two major reforms that have been proposed by Najat Vallaud-Belkacem, the French education minister. The two reforms are v... Read more...
22 May 2015
The Conversation is fact checking political statements in the lead-up to the May UK general election. Statements are checked by an academic with expertise in the area. A second academic expert reviews an anonymous copy o... Read more...
28 April 2015
University financing has again emerged as a key battleground issue in the 2015 General Election. Should fees be regulated lower and if so, how will the cost be financed? Gill Wyness explores these questions. Published... Read more...
21 April 2015
There are signs that inequality in the UK is beginning to rise again following tax and benefit changes introduced since 2010, an economic analysis has found. The study by the Centre for Economic Performance found the... Read more...
17 April 2015
On paper, the Conservatives should reap dividends from a sharp recovery in Britain's economy which outpaced the world's other big, rich nations last year. Employment has surged, including in the West Midlands wher... Read more...
16 April 2015
Article by Claudia Hupkau The Conversation's Manifesto Check deploys academic expertise to scrutinise the parties' plans. The Liberal Democrats have announced their vision for skills policy over the next parliament in ... Read more...
15 April 2015
Article by Andrew Street, Catherine Harris , Hilary Steedman , Iain Clacher, Sandra McNally, Susan Milner and William Tayler The Conversation's Manifesto Check, where academics subject each party's election manifesto... Read more...
14 April 2015
Article by Hilary Steedman and Claudia Hupkau Hilary Steedman, London School of Economics and Political Science Labour's election manifesto promises four initiatives in the area of skills and apprenticeships; the Compu... Read more...
13 April 2015
According to one academic paper, about a quarter of Britain's productivity gap with America can be put down to poor management. The main weakness is that too many of Britain's family-owned firms still prefer primogenitur... Read more...
11 April 2015
As the election period officially begins FE Week spoke to figures across the sector to ask them what three FE and skills questions they'd like answered by the Conservatives, Labour and the Liberal Democrats in the run up... 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...
The economist Alan Manning recently gave a public lecture at the London School of Economics, where he drew parallels between the Equal Pay Act and the minimum wage, pointing out that in both cases theoretical concerns we... Read more...
27 March 2015
Since the global financial crisis, workers' real wages and family living standards in the UK have suffered to an extent unprecedented in modern history. The one group in society for whom living standards have risen since... Read more...
26 March 2015
The big squeeze in UK living standards after the 2008 crash has been driven by a historically large squeeze in real wages (wages taking into account inflation). This was all set out in a new report from the Centre for Ec... Read more...
Article by Sandra McNally With education policy set to play an important part in the May general election campaign, debates around the future direction of the school system will take place against the backdrop of fast-p... Read more...
24 March 2015
Article by Georg Graetz and Guy Michaels Robots' capacity for autonomous movement and their ability to perform an expanding set of tasks have captured writers' imaginations for almost a century. Recently robots have eme... 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
Article by Brian Bell, Anna Bindler and Stephen Machin Recessions can lead to an increase in youth unemployment, which could later negatively affect labour market outcomes. This column explores the effect of recessions ... Read more...
04 March 2015
Robert Peston speaks to Gabriel Zucman and other policymakers and opinion shapers, discussing inequality in the US and around the globe. The programme was broadcast by the BBC World Service on March 4, 2015 Link to... Read more...
Article asking that the crisis of inequality be looked at in a new way. Cites Gabriel Zucman's research: In perversely referring to the classic work of Adam Smith's book, ''The wealth of nations missing'' (Missing the we... Read more...
03 February 2015
Dr Gabriel Zucman was interviewed about wealth inequalities. The interview was broadcast on BBC Radio 4 News on February 3, 2015 Link to News programme here Related links Gabriel Zucman webpage Productivity and ... Read more...
According to a study by Professor Gabriel Zucman, of the London School of Economics, quoted by MM, on 26 November, at least 8 percent of the world's wealth, or about $7.6 trillion, are in private accounts in tax havens. ... Read more...
02 February 2015
Der Mindestlohn in GroÐ’britannien Alan Manning interviewed and Centre for Economic Performance (CEP) research on the minimum wage mentioned in an issue produced by the German government about the introduction of the mi... Read more...
29 January 2015
Britain has prized the ideal of economically mixed neighbourhoods since the 19th century. Poverty and disadvantage are intensified when poor people cluster, runs the argument; conversely, the rich are unfairly helped whe... Read more...
Stephen Machin, professor of Economics at University College London, says, ''Creating jobs with decent pay as innovative technologies evolve is a challenge, given the UK's traditional difficulties in generating good jobs... Read more...
28 January 2015
There is a human mass that despite being available for work and knowledge loses ability to be employed. This generates a terrific competition by seeking higher returns among the cheapest labour in Asia and the suppressor... Read more...
Economist Stephen Machin, a professor at University College London said: ''Creating jobs with decent pay as innovative technologies evolve is a challenge given the UK's traditional difficulties in generating good jobs fo... Read more...
20 January 2015
The middle-class share of the U.S. wealth pie roughly doubled between the Great Depression and the early 1980s. But since then, the middle-class share has shrunk back to its lowest level since 1947, according to a study ... Read more...
ESRC-funded research provided crucial evidence for the introduction of a UK National Minimum Wage in 1999, encompassing 1.3 million workers in 2013. The research was cited prior to minimum wage legislation in Hong Kong i... Read more...
19 January 2015
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...
Economists are confident that 2015 will be the year households finally see real rises in their standard of living. But they warn that many will still feel poorer than before the crisis. Q: To what extent will UK househo... Read more...
01 January 2015
What if in our relatively deregulated flexible labour market-where the balance of workplace power favours bosses, many people are engaged on flexible performance-based contracts, and new technology is sweeping away jobs ... Read more...
13 November 2014
During the second series of British Academy Debates, it will be possible for the public to discuss immigration and the UK economy with leading academics in the humanities and social sciences. The public discussion will d... Read more...
11 November 2014
Much attention of researchers and policy-makers has been directed at the effects of immigration on the wages and employment of natives in the host country (for example, Friedberg and Hunt 1995; Manacorda et al 2012; Dust... Read more...
05 November 2014
There is no question that real wages have been squeezed to an unprecedented extent over the past five years and living standards are under pressure. A report from the Centre for Economic Performance this week found the r... Read more...
30 September 2014
Article by David Blanchflower and Stephen Machin Real wages continue to fall in the UK and elsewhere, yet despite this striking feature of the labour market, some commentators anticipate resurgent pay growth in the ne... Read more...
29 September 2014
Of course with newer forms of technology, showing up for work on time need not mean being physically at a given workplace. A study by the economists Nicholas Bloom, John Roberts and Zhichun Ying of Stanford and James Lia... Read more...
27 September 2014
On Monday 8 September 2014, CEP hosted the only economics session in the British Science Festival. Presenting their work on the "Economics of Inquality" were John Van Reenen on the 99%; Brian Bell on Top Pay... Read more...
08 September 2014
The more persistent problems are stagnant pay and insecure employment terms. But these problems, too, are heavily concentrated on the young. British labor market experts Paul Gregg and Stephen Machin calculate that where... Read more...
21 August 2014
Tiger mothers predestine their children to do well at school even before they are born, research has suggested. Babies born to highly competitive women who believe that they have the power to shape their children's prosp... Read more...
19 August 2014
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
Article by Alex Bryson and Arnaud Chevalier This column presents evidence from a new test of taste-based discrimination. Examining hiring decisions in the English Fantasy Premier League, the authors do not find that emp... Read more...
Babies born to mothers who hold a stronger belief that their fate is in their own hands and not down to luck tend to perform better in their GCSE exams 16 years later. That is the central finding of new research by the C... Read more...
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
A substantial literature already surrounds the UK ''productivity puzzle'', whereby post-recession output and employment have risen while national productivity markedly drops: $42.1 contribution to GDP per hour worked in ... Read more...
26 July 2014
And over the past 20 years, academic economists have done many empirical studies showing that's not how minimum wages work in practice. They've also developed more sophisticated theories that better fit the empirical fac... Read more...
11 July 2014
...di due ricercatrici di origine italiana che lavorano all'estero, Barbara Petrongolo (London School of Economics) e Claudia Olivetti (Boston University). Sulla stessa lunghezza d'onda anche Daniela... In Italy, the... Read more...
08 July 2014
Article by Christopher Pissarides The Need For Social Dialogue To Improve Distribution Eurofound stands for Improvement of Living and Working Conditions through social dialogue. Currently, in the midst of high unemploy... Read more...
23 June 2014
US-style flexibility has also been marked by a relentless squeeze on wages and the capture of the proceeds of growth by those at the top. A recent article by David Blanchflower and Stephen Machin says that in 2013, media... Read more...
Abgesehen davon gibt es generelle MaBnahmen, die sowohl den Einwanderern, als auch den Einheimischen selbst zugute kommen. Richard Layard wirbt beispielsweise für eine fortschrittliche Steuerpolitik, um die wirtschaftli... Read more...
16 June 2014
A London School of Economics study in 2009 concluded that ''migrants have a significant, small, negative impact on average wages'', adding that it tended to have the biggest impact on the semi/unskilled services sector. ... Read more...
30 May 2014
Article by Alan Manning Why this widespread enthusiasm for the minimum wage? There is both economics and politics at play. This article was published online by CNN on May 22, 2014 Link to article here Also in ... Read more...
22 May 2014
Bank of England Gov. Mark Carney this week stressed that the U.K.'s economic recovery will only become sustainable when there are ''substantial'' increases in real wages. But in research published by the London School of... Read more...
01 May 2014
Research by the London School of Economics suggests wages won't grow substantially for some time, suggesting debt will grow further in order for consumer spending to continue to rise. ''It is quite clear that the economy... Read more...
Economist Alan Manning of the London School of Economics also found that the pace of the declines in the pay gap has slowed down, and that working women could make less than men for the next 150 years due to discriminati... Read more...
02 April 2014
Article by Alan Manning Alan Manning takes a close look at the economics and the evidence of these claims, finding that one of their basic assumptions, that labor markets are highly competitive, does not hold. The ar... Read more...
27 January 2014
An increase in the minimum wage is not yet a done deal in Britain, with an independent panel that plays a critical role in the process expected to weigh in next month. But analysts say it's overwhelmingly likely now that... Read more...
In a recent research paper, Professor Alan Manning of the London School of Economics, who supports a higher minimum wage, wrote that the evidence suggests ''substantial increases, even if pursued over a few years, would ... Read more...
07 January 2014
Perhaps we simply assume that technological progress will always create more jobs than it destroys. It would seem reasonable to do so - after all, 2013 was the year when the number of people in work reached thirty milli... Read more...
02 January 2014
An online network aims to bring policymakers together with academics studying higher education, potentially stimulating new research on neglected areas such as the effectiveness of access spending. The ''Economics of Hig... Read more...
21 November 2013
Even if the employer decided not to cut back on jobs or hours in the event of a living wage imposition, would this be such a benevolent economic outcome? The other alternatives in the event of unchanged productivity are ... Read more...
08 November 2013
Increasing the number of poorer students in higher education has not proved to be the ''great social leveller'' that it was expected to be in the Robbins era. That was the argument set out by Anna Vignoles, professor of ... Read more...
31 October 2013
''Investment banks [key early adopters of the wage] don't have that many minimum wage employee''s, says Alan Manning, professor of economics at the London School of Economics. ''The cost of complying is just a rather goo... Read more...
25 October 2013
Professor Sir George Bain, who was the first chair of the Low Pay Commission, will oversee a wide-reaching analysis of the wage, sponsored by the Resolution Foundation, the think-tank set up by Clive Cowdery, the insuran... Read more...
21 June 2013
Professor Stephen Machin discusses the dramatic rise in inequality in the UK over the past 30 years, including the impact of 'skill-based technological change' and the polarisation of the labour market.... Read more...
05 May 2011
Overall wage and income inequality rose slightly under the Labour government since 1997. This was driven by the top half (especially the top 10 per cent) of the income distribution. There was no change in inequality (and... Read more...
27 April 2010
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
Earlier this week Paul Cheshire, a professor of economic geography at the London School of Economics, gave a starker warning. He said: “We are due a significant correction in house prices. I think we are... Read more...
05 July 2005