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Thomas Sampson speaks to presenter Tim Harford about the US tariffs on global trade that were announced by president Donald Trump on 2 April 2025 ... Read more...
04 April 2025
Richard Layard writing in the Financial Times, says that a clear commitment to train young people for work will help the government's economic agenda. ... Read more...
21 March 2025
The UKRI Economic and Social Research Council (ESRC) has awarded the Centre for Economic Performance (CEP) £9.2mn for its five-year programme of work from 2025. This renewed funding will enable CEP to co... Read more...
18 March 2025
Paul Cheshire and Christian Hilber comment on proposed changes to the planning system in Britain, arguing the government has shied away from the reform that is needed. ... Read more...
04 March 2025
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
John Van Reenen has spent his professional lifetime probing the weak spots of the UK economy. Now he is based in an office next to Reeves's at the Treasury, with his three fellow advisers. One Labour source says they str... Read more...
17 January 2025
Congratulations to Almudena Sevilla, professor of economics and public policy in LSE’s Department of Social Policy, and associate of the Centre for Economic Performance who has been recognised in the New Year's Hon... Read more...
06 January 2025
Research from the Centre for Economic Performance, a think tank based at the London School of Economics, said Brexit led to a 6.4 per cent drop in the UK's global exports. ... Read more...
18 December 2024
Brexit has hit UK trade less than many forecasters predicted thanks to larger companies adapting to red tape at the border, according to research by the London School of Economics. Researchers estimated UK worldwide good... Read more...
The damage from Brexit to trade links with the EU cost the UK £27bn in the first two years, but the overall impact was more limited than forecasters first estimated, according to the most comprehensive review of th... Read more...
Henry Overman OBE, professor of economic geography at LSE and CEP research director, has been appointed to the Industrial Strategy Advisory Council, it was announced today. Professor Overman is one of 16 members of the ... Read more...
17 December 2024
The Port Talbot steel works is closing its last remaining blast furnace, delivering a shattering blow to the economy and society of a South Wales town where employment and wages were once so strong it became known as Tre... Read more...
15 September 2024
Congratulations to Daniel Chandler who has been awarded the 2024 Voltaire Lecture Medal for his work on how to create a fair society. Chandler, research director of the LSE’s Programme on Cohesive Capitalism and a... Read more...
12 September 2024
Richard Layard writes that Labour must apply the wellbeing-to-cost test to every departmental proposal in the spending review. ... Read more...
03 September 2024
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...
Spending extra cash on mental health services would boost economic growth and improve the nation’s wellbeing more than building new roads, according to an academic analysis from the London School of Economics. Rich... Read more...
Forcing workers to retire later would free up funding for policing and mental health services and "reduce misery" in Britain, a report co-authored by Richard Layard and published by the London School of Economics has sai... Read more...
A well-trained workforce is essential to the economy, but a shortage of alternatives to university means Britain's young people are falling behind. Lord Richard Layard talks about a fundamental injustice in Britain's edu... Read more...
20 August 2024
Ucas is reforming personal statements from next year. Lee Elliot Major, a professor of social mobility at the University of Exeter, said he believed the reform was a "significant step in making the university admissions ... Read more...
18 July 2024
John Van Reenen, an innovation expert and former Downing Street policy adviser under Tony Blair’s New Labour government, will head the body, which is expected to sit within the heart of the Treasury. Sources close ... Read more...
11 July 2024
From ending zero-hours contracts to boosting benefits, Britain's new government wants to shift power back to staff. Stephen Machin, Alan Manning and Jonathan Wadsworth explain how the power balance stands now. ... Read more...
07 July 2024
Congratulations to Henry Overman, Professor of Economic Geography and Research Director of the Centre for Economic Performance, who has been recognised in the King's Birthday Honours List 2024. Professor Overman has bee... Read more...
17 June 2024
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
The World Happiness Report 2024 reveals that those in the UK feel they have a greater sense of freedom than Germans and believe there is less corruption in the country. When looking at age demographics, the largest gap b... Read more...
20 March 2024
Sadiq Khan highlights modelling from the London School of Economics showing that a 10% rise in Londoners' living costs is accompanied by an eight per cent overall increase in violence, robberies, shoplifting, burglary an... Read more...
14 March 2024
In a statement to the Observer, Anna Valero, a former member of the chancellor’s economic advisory council, and Dimitri Zenghelis, a former head of economic forecasting at the Treasury, said the country needed to b... Read more...
02 March 2024
Daniel Chandler discusses how the Labour party can develop a "good jobs" policy where work would provide dignity and respect for everyone, and be a key source of people’s meaning and wellbeing. ... Read more...
19 February 2024
Thomas Sampson discusses how UK growth in goods exports and imports has been "the weakest in the G7", which has "contributed to the ongoing stagnation of the UK economy". ... Read more...
01 February 2024
How can economists help police forces to better assign their police officers onto the streets, thereby providing a better service to the public? In the Policing and Crime Research Group at the London School of Economics ... Read more...
25 January 2024
Dimitri Zenghelis, Esin Serin, Anna Valero, John Van Reenen and Bob Ward - authors of the LSE paper titled Boosting Growth and Productivity in the UK Through Investments in the Sustainable Economy - examine the fitness o... Read more...
22 January 2024
As more data on crime and policing become available, economists are getting deeper insights into the causes and effects of criminal behaviour, and a greater understanding of how the criminal justice system works. Tom Kir... Read more...
02 November 2023
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
In medicine, failure can be catastrophic. It can also produce discoveries that save millions of lives. On this episode of Freakonomics, John Van Reenen, Amy Edmondson, Carole Hemmelgarn, Gary Klein and Robert Langer shar... Read more...
18 October 2023
We tend to think of tragedies as a single terrible moment, rather than the result of multiple bad decisions. On this episode of Freakonomics, John Van Reenen, Amy Edmondson, Helen Fisher, Ed Galea, Gary Klein, David Ried... Read more...
11 October 2023
Working from home keeps employees happy, reduces pollution by cutting billions of commuting miles and supports millions of employees with care and disability challenges in work. Nick Bloom reviews the existing data on wo... Read more...
29 September 2023
Nick Bloom explores the forces driving the predicted increase in remote work over the coming decade. He outlines that working from home will benefit firms, employees and society. ... Read more...
29 August 2023
Congratulations to Anna Valero, distinguished policy fellow at the Centre for Economic Performance, who has been appointed to the Office for Budget Responsibility’s (OBR) advisory panel. Established in 2011... Read more...
17 August 2023
Congratulations to Saul Estrin, emeritus professor of managerial economics and strategy at LSE and associate in CEP’s growth programme, who has been elected as a new Fellow of the British Academy. He is amon... Read more...
27 July 2023
Ralf Martin investigates whether consumers' environmental convictions will fade when confronted with higher prices, showing that consumers seem to prefer environmentally conscious choices, and indicating that changing at... Read more...
06 July 2023
Brian Bell has been reappointed as chair of the Migration Advisory Committee (MAC) for a further three years. Professor Bell, an associate in CEP’s labour market programme, was appointed chair of the MAC on ... Read more...
05 July 2023
CEP researchers Christian Hilber and Paul Cheshire compare the decline in the UK's home ownership rate, from 70 per cent in 2004 to 64 per cent in recent years, to other countries around the world - UK house prices have ... Read more...
25 June 2023
Free and Equal: What would a fair society look like? has been chosen as one of the best reads on economics for this summer by the Financial Times. The book by Daniel Chandler is described by the paper’s chief econ... Read more...
20 June 2023
Researchers from the Centre for Economic Performance show that Brexit is responsible for a third of UK food price inflation since 2019 - regulatory, sanitary and other border checks added almost £7 billion to total... Read more...
24 May 2023
Researchers from the Centre for Economic Performance, from the London School of Economics, estimate that extra barriers on EU food imports have pushed up bills by £250 on average since Brexit. ... Read more...
Anna Valero has been appointed to the chancellor’s economic advisory council, it was announced today. The council provides independent, expert advice on economic policy to help grow the economy. Dr Valero, senior... Read more...
18 April 2023
After four general election defeats, the Labour party seems likely to form the next government. In this Guardian opinion piece, Daniel Chandler shares his view that, for the Labour party to succeed, it needs not just new... Read more...
14 April 2023
Alan Manning, the UK government's former immigration advisor, considers whether Britain's post-Brexit migrant strategy has worked. ... Read more...
08 March 2023
John Van Reenen and Nick Bloom's study of management practices suggests that more than half of the productivity gap between Britain and the US is due to poor management. ... Read more...
31 January 2023
Without inherited wealth or a leg-up from the Bank of Mum and Dad, prospective first-time buyers are forced to abandon dreams of home ownership. Paul Cheshire describes the state of affairs for first-time buyers in Londo... Read more...
27 January 2023
The Economist covers Stephan Heblich, Stephen J. Redding and Hans-Joachim Voth's work on Slavery and the British Industrial Revolution in this article, reporting on the causes of the Industrial Revolution. ... Read more...
17 January 2023
Working from home accounted for only 5% of all workdays before the pandemic. But now it’s common to find many employees working from home at least part of the week. As of December 2022, almost 30% of paid workdays ... Read more...
22 December 2022
Richard Partington interviews Swati Dhingra on the future of Britain's economy, as she elaborates on the lengthy and painful recession facing the UK. ... Read more...
03 December 2022
Brexit has cost UK households more than £5.8bn in higher food bills, according to new research linking Britain’s exit from the EU to soaring inflation. Leaving the bloc has added an average of £210 to B... Read more...
01 December 2022
Brexit added almost £6bn to UK food bills in the two years to the end of 2021, affecting poorest households the most, research from the London School of Economics (LSE) found. ... Read more...
Researchers at the LSE's Centre for Economic Performance (CEP) looked at data tracking the flow of trade and prices of food products between the UK and the European Union (EU) to work out how shoppers were being affected... Read more...
The UK debate around Brexit is shifting in light of new data showing the consequences of leaving the EU. Economists have reached a consensus: Brexit has significantly worsened the country’s economic performance. In... Read more...
30 November 2022
As the unofficial "Father of Hybrid Work", Stanford's Nick Bloom has spent years studying how we work and how we will work. He'll present new research and share his thoughts on what companies should be preparing for, a... Read more...
13 November 2022
Liz Truss and Kwasi Kwarteng don’t seem to know how to go about it. Here are a few starting points. ... Read more...
07 October 2022
Low growth is an entrenched problem in the UK, dating back decades. Anna Valero is among the guests discussing why the country has been performing so badly and what needs to be done to turn us into a high-growth country.... Read more...
23 September 2022
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
Congratulations to Henry Overman, research director of the Centre for Economic Performance (CEP) and professor of economic geography at LSE, who has been elected as a new Fellow of the British Academy. He is among 85 ne... Read more...
22 July 2022
Economists from the LSE Centre for Economic Performance found that the UK’s departure from the EU caused a 6 per cent increase in British food prices. ... Read more...
20 July 2022
High energy prices are causing problems, as are the consequences of the Covid pandemic and the effects of Brexit. But research by the Resolution Foundation and the Center for Economic Performance suggests the causes of t... Read more...
15 July 2022
Brexit has damaged Britain's competitiveness, will reduce productivity and leave the average worker poorer than they otherwise would have been, according to a new study from the Resolution Foundation and LSE's Centre for... Read more...
22 June 2022
Britain's cost of living crisis is being made worse by Brexit dragging down the country's growth potential and costing workers hundreds of pounds a year in lost pay, say researchers. The Resolution Foundation thinktank a... Read more...
Britain’s departure from the EU has damaged its competitiveness and will cut productivity and wages over the next ten years. Instead of the expected effect of narrowly reducing exports to the EU, Brexit has “... Read more...
Thomas Sampson, an associate professor of economics at the London School of Economics who has modelled the effects of Brexit on UK trade, said there was no economic basis for the assertion that cutting EU regulation woul... Read more...
Nick Bloom in conversation on a surprising find from the pandemic: remote work is fuelling economic growth. ... Read more...
02 June 2022
Restarting the Future, a new book by Jonathan Haskel and Stian Westlake, presents the idea that intangible assets, though hard to see and measure, are critically important to foster. ... Read more...
19 May 2022
Mental illness accounts for over 40 per cent of all sickness absence - reducing productivity at work. Richard Layard explains how this highlights the need for wellbeing provision in management practice. ... Read more...
11 May 2022
Researchers from the London School of Economics’ Centre for Economic Performance find that a “clear and robust impact of Brexit-induced trade frictions” had led to an increase in prices. ... Read more...
27 April 2022
Researchers find Brexit’s impacts on trade were only felt once the Trade and Cooperation Agreement kicked in, rather than steadily since the referendum. ... Read more...
26 April 2022
LSE finds one-third decline in trading relationships under Boris Johnson’s deal – which has hit small firms hardest. ... Read more...
Findings from the LSE's Centre for Economic Performance chime with warnings from business groups: that smaller firms have struggled to absorb customs controls, VAT and regulatory red tape, with many quitting exporting al... Read more...
To understand what is happening to inequality between people we need to understand the behaviour of, and inequality between, firms. Papers published last month as part of the IFS Deaton Review of inequality in work, led ... Read more...
25 April 2022
Jonathan Haskel and Stian Westlake argue that capitalism can be revitalised by promoting ‘further investment’ in what they call ‘intangible capital’. ... Read more...
11 April 2022
Jonathan Haskel and Stain Westlake explain why the UK government's focus on funding overlooks many levers for innovation policy. ... Read more...
30 March 2022
Experts say social support, honesty and generosity key to wellbeing, as Afghanistan and Lebanon struggle in global ranking. ... Read more...
19 March 2022
Interview with Swati Dhingra - is this the end of globalisation? In a series of special programmes, Newsnight looks at the impact of the war in Ukraine on the world. ... Read more...
18 March 2022
The written part of university applications could be changed to provide more support to young people from disadvantaged backgrounds, the universities minister has said. The proposal comes after Lee Elliot Major criticise... Read more...
16 February 2022
Congratulations to Philippe Aghion, associate of CEP and the Programme on Innovation and Diffusion (POID), on being awarded the Erasmus Medal of the Academia Europaea. The award is given to a European scholar who has ... Read more...
15 February 2022
John Van Reenen shows that well-managed firms make better forecasts - and the traits of those well-managed companies might come as a surprise. ... Read more...
02 February 2022
The pace of change in the UK jobs market has slowed to its lowest level in decades and, even the disruption of the pandemic, has been a far cry from the upheaval of the 1980s, according to research by the Resolution Foun... Read more...
06 January 2022
Moving to a new employer offers a greater salary increase than staying put - and workers who resign to take up work in booming sectors stand to gain even more, according to research from the Resolution Foundation think t... Read more...
The Power of Creative Destruction has been chosen by The Economist as one of its best books of 2021.The book, by Philippe Aghion, Céline Antonin and Simon Bunel, is described by the magazine as "sweeping, aut... Read more...
17 December 2021
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
Joint research from the Centre for Economic Performance and the Resolution Foundation suggests that financial officers expect the amount of workers moving from shrinking to growing companies will spe... Read more...
20 November 2021
Findings from the Resolution Foundation and the Centre for Economic Performance challenge the government’s view that levelling up poorly performing companies or poorer regions will raise productivit... Read more...
15 November 2021
Congratulations to Josh De Lyon who has won a Trade and Investment in Services Associates (TIISA) Young Scholar Award for his paper The Labour Market Effects of Services Importing: Evidence from the United Kin... Read more...
20 October 2021
Remembering Richard Layard's research on the need for evidence-based therapies, the Economist looks at developments in mental health provisions over the 15 years. ... Read more...
02 October 2021
Paul Cheshire speaks on some of the wider problems of the UK housing market. ... Read more...
01 October 2021
A Wharton Research Data Services (WRDS) best paper award has been given to John Van Reenen, director of the Programme on Innovation and Diffusion (POID), and his co-authors Sabrina T. Howell, of New York Unive... Read more...
27 September 2021
Tom Kirchmaier, Stephen Machin and Carmen Villa-Llera examine the relationship between areas of London that were bombed in the Second World War and crime rates. Discovering that the probability of finding a ga... Read more...
28 August 2021
A study by Ria Ivandic, Tom Kirchmaier and Neus Torres-Blas finds that a “considerable amount of domestic abuse” could be mitigated by arranging football fixtures on weekdays or... Read more...
09 July 2021
Researchers find alcohol consumption - rather than heightened emotions - is to blame for rises in male-on-female violence following matches, and this could be reduced by more evening and weekend games. ... Read more...
05 July 2021
Researchers at the LSE’s Centre for Economic Performance find alcohol consumption following football matches is fuelling domestic abuse in the hours after a game and suggest that... Read more...
04 July 2021
Swati Dhingra speaks to the Telegraph about the impact of Covid-19 on attempts to overcome poverty in India, describing how many lower and middle urban workers are having to borrow money to make up for a ... Read more...
24 June 2021
Research from the London School of Economics and Political Science found Volunteering for the NHS during the pandemic felt as good as getting a £1,800 bonus from work. ... Read more...
31 May 2021
The Resolution Foundation and Centre for Economic Performance of the London School of Economics launch an important inquiry, analysing how the country must grapple with recovery from Covid-19, the af... Read more...
The country is not neither prepared for, nor used to, change on the scale required to deal with climate change, Brexit, an ageing population, Covid and technological shifts, says report by the Economy 2030 Inq... Read more...
18 May 2021
A joint project by the Resolution Foundation thinktank and the London School of Economics said the UK was neither used to nor prepared for the challenges posed by the aftermath of Covid-19, Brexit, the ne... Read more...
The UK is facing a ‘decisive decade’ of change as five seismic economic shifts – the Covid aftermath, Brexit, the Net Zero transition, an older population and rapid technological change - com... Read more...
Study by Josh De Lyon and Swati Dhingra finds higher prices and reduced competitiveness due to EU withdrawal. ... Read more...
06 May 2021
Report by Josh De Lyon and Swati Dhingra finds almost two thirds of businesses have suffered from new EU import and export rules, while one in five companies have found it tougher to trade with ... Read more...
Warnings of widespread business failure comes in an analysis by the John Van Reenen and Peter Lambert, using the latest Business Insights and Impact survey. ... Read more...
04 May 2021
The Financial Times cites research by Alan Manning and Graham Mazeine while analysing the dabate around improving job security as we emerge from the Covid-19 pandemic. ... Read more...
20 April 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
House prices could fall when the stamp duty holiday comes to a close. London is particularly vulnerable because the price of houses rose particularly sharply over 2020, while the population of the capital... Read more...
30 March 2021
LSE study says there has been little exodus to rural areas in past year but buyers have sought space, with detached houses close to the centre of London seeing the biggest price increases over the past year. ... Read more...
Ferdinand Rauch explains how temporary events, such as the London Tube strikes and recent pandemic restrictions, can lead to positive long-term change - a fresh start - on Stephen Dubner's Freakonomic... Read more...
17 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
A report by Nicolás González-Pampillón, Gonzalo Nunez-Chaim and Katharina Ziegler shows that footfall in restaurants increased by 5-6% during the UK government's Eat Out to Help O... Read more...
18 February 2021
Thomas Sampson, associate economics professor at the London School of Economics, has predicted a 36 per cent fall in exports to the EU over the next decade. He said it was too early to claim that economists... Read more...
13 February 2021
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
Jonathan Colmer and John Voorheis analyse the importance of environmental quality in shaping economic opportunity, and how improvements in health associated with lower prenatal pollution exposure may have... Read more...
11 February 2021
The final report of the LSE Economic Diplomacy Commission, which proposes a framework for the UK’s trade agenda that seeks to balance commercial openness with strategic domestic and foreign policy aims, ... Read more...
09 February 2021
In a recent working paper, Chad Bown, Paola Conconi, Aksel Erbahar and Lorenzo Trimarchi calculate the higher cost of imported inputs caused by those tariffs leveled at China caused the U.S. economy to create ... Read more...
08 February 2021
Research by Capucine Riom and Anna Valero finds the Covid-19 pandemic has forced businesses to adopt new technologies and ways of working that will increase the breadth of economic productivity. ... Read more...
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
Study into trade concludes that the costs of Scottish independence would be two to three times greater than the impact from Brexit, and that joining the European Union would do little to offset that cost. ... Read more...
03 February 2021
Trade barriers with the rest of the UK would deal a hit to the Scottish economy far greater than Brexit, warns report by Hanwei Huang, Thomas Sampson and Patrick Schneider. ... Read more...
Study by Hanwei Huang, Thomas Sampson and Patrick Schneider concludes independence would hit the Scottish economy harder than Brexit because Scotland’s trade with the rest of the UK is around f... Read more...
Academics from the LSE’s Centre for Economic Performance say the economic costs of independence are two or three times greater than Brexit due to the volume of Scotland’s trade with the rest of the... Read more...
Independence from the UK would cost Scotland’s economy up to three times as much in lost trade as Brexit will, according to analysis by the London School of Economics’ Centre for Economic Performan... Read more...
Independence would damage Scotland’s economy and leave the country “considerably poorer” than staying inside the UK, according to a study by economists Hanwei Huang, Thomas Sampson ... Read more...
Economists say impact of leaving UK’s common market would hit two to three times as hard as leaving EU. ... Read more...
More than 900,000 small businesses are at risk of going under, according to research from Peter Lambert and John Van Reenen, and backed by former Prime Minister Gordon Brown. ... Read more...
27 January 2021
Research by Peter Lambert and John Van Reenen warns around 900,000 small firms – employing 2.5 million workers – are at risk of going bust if Covid-19 rescue schemes are wound up. ... Read more...
Gordon Brown has called for emergency measures to support businesses in the budget after new research by Peter Lambert and John Van Reenen warned almost 1m UK companies were at risk of failure in the next thre... Read more...
Alan Manning considers the possible outcomes of a drop in immigration and population growth on productivity, economic growth and the labour market. ... Read more...
21 January 2021
Research by Thomas Sampson suggests UK exports to the EU may fall by over a third, and income per capita is forecast to fall by 6 per cent – just 2 per cent less than under a no-deal departure. ... Read more...
15 January 2021
Swati Dhingra examines a decade of high-quality farmer-buyer data from Kenya during a period when it introduced radical farm laws to encourage agri-businesses to determine impacts on small farmers. ... Read more...
A survey of nearly 100 economists revealed that most of them expect the size of the economy not to return to pre-pandemic levels until the third quarter of 2022, despite the expectation of a strong consumer-le... Read more...
03 January 2021
A report by the Centre for Economic Performance found that seven in 10 firms “expect a no-deal Brexit to negatively impact their business”, adding that the consequences of no deal are "se... Read more...
07 December 2020
New research by Jack Blundell, Steven Machin and Maria Ventura finds a fifth of the self-employed workforce expect to leave self-employment as a result of the Covid-19 crisis; and the proportion is h... Read more...
23 November 2020
A survey by Jack Blundell, Stephen Machin and Maria Ventura finds one in five self-employed workers plan to switch to other forms of employment because of Covid-19. ... Read more...
10 November 2020
Survey findings from Jack Blundell, Stephen Machin and Maria Ventura finds the trend of more people working for themselves under threat during the Covid-19 pandemic. A fifth of the self-employed... Read more...
During late September and early October, just 59 per cent of pupils benefitted from “full schooling”, says new report. ... Read more...
26 October 2020
BBC Panorama reports on CEP research, fiding people aged 16-25 were more than twice as likely as older workers to have lost their job, while six in 10 saw their earnings fall, according to new research. ... Read more...
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
Two Centre for Economic Performance (CEP) associates are members of a new expert trade panel set up to support UK trade negotiations. The Department for International Trade (DIT) has said that Professor Tony Venables, B... Read more...
30 September 2020
Big cities thrive because of the economic and social benefits of proximity – but proximity also helps to spread Covid-19. Does this mean an end to the big city revival of recent years? Much will depend o... Read more...
23 September 2020
Amidst increasing levels of money laundering, Tom Kirchmaier suggests a three-step solution to the issues faced by banks. ... Read more...
21 September 2020
Richard Layard wins the ISQOLS Distinguished Quality-of-Life Professor Lord Richard Layard has been given the 2020 award for his substantial contribution to wellbeing research. ... Read more...
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
The Economist examines the benefits of working from home in light of lockdown, and cites findings made by Nick Bloom that those who worked from home were more productive. ... Read more...
12 September 2020
Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli examine the impact of lockdown imposed in late March on more than 8,500 urban workers, finding 52% went without work or pay during lockdown, while less than... Read more...
06 September 2020
India has been struggling with an unemployment problem and the coronavirus pandemic. New research by Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli, finds Federal and state governments recogniz... Read more...
01 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
A multi-million-pound research programme to help boost UK productivity is to be led by Professor John Van Reenen, associate and former director of the Centre for Economic Performance. The Programme on Innov... Read more...
21 August 2020
'Realistic' unemployment rate is 15 per cent, and disadvantaged groups are much more likely to be affected, finds new research by Brian Bell, Mihai Codreanu and Stephen Machin. ... Read more...
17 August 2020
Paul Cheshire, associate of the CEP, talks about how planning rules shape London and why big-name trophy architects are used so often, in this piece about the future of skyscrapers. ... Read more...
30 July 2020
Sectors unscathed from coronavirus crisis face being severely affected by Brexit, finds a report from Dr Swati Dhingra and Josh De Lyon. ... Read more...
28 July 2020
Employers are not vocal enough about the need for higher pay, writes Alan Manning, former chair of the government's Migration Advisory Committee and professor of economics aat LSE. ... Read more...
21 July 2020
The assumption has been that remote workers slack without direct supervision. But do they? Economist Nick Bloom staged a trial – the first of its kind – involving 250 members of a Ctrip call cen... Read more...
14 July 2020
Social care companies are starting to tap into the growing pool of potential employees who have lost jobs in the Covid-19 crisis. Alan Manning, former Chair of the Government's Migration Advisory ... Read more...
Interview with Swati Dhingra - industries that have weathered Covid could be hit by Brexit. ... Read more...
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...
A new study, carried out by the London School of Economics, said police have seen around 380 more domestic violence calls per week on average as a result of the coronavirus lockdown. Finding the cause is &ldqu... Read more...
02 July 2020
Congratulations to Dr Felix Koenig on winning the 2020 Young Labour Economist Prize from the European Association of Labour Economists (EALE). The prize was awarded for his CEP discussion paper: Technical C... Read more...
30 June 2020
The self-employed are being hit particularly hard by the Covid-19 crisis. Many have been offered a lifeline through the government’s Self-Employment Income Support Scheme – but does it go far enoug... Read more...
04 June 2020
Ralf Martin and John Van Reenen explain how a carbon tax could both help pay for the enormous costs of the pandemic and encourage ‘clean’ investment. Crucially, it should be levied in a few years&r... Read more...
02 June 2020
Professor Barbara Petrongolo talks to the Independent about her research into how women are more likely to deal with homeschooling, childcare and chores around the house, even if they are working. ... Read more...
01 June 2020
The economic impact of coronavirus. Presented by Ben Chu (economics editor of The Independent) with Lizzy Burden (economics reporter of The Daily Telegraph). This episode features Miatta Fahnbulleh, chief e... Read more...
28 May 2020
The survey, published by the LSE’s Centre for Economic Performance (CEP), finds that the self-employed have been hit particularly hard by the Covid-19 crisis, with around three out of every four responde... Read more...
22 May 2020
With our sizeable state and private sector, the question is more whether the state will be a bit bigger or a bit smaller, writes Alan Manning. ... Read more...
20 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
But the short-term productivity hit of a workforce partly hamstrung by childcare, could be dwarfed by the longer-run economic blow to the children missing school and the wider economy, according to education e... Read more...
14 May 2020
Report on research by Dr Claudia Hupkau and Barbara Petrongolo which suggests the coronavirus outbreak is widening the gender gap in the workplace and at home. ... Read more...
Real-time survey data shows that 50% of companies had a lower volume of business in April, and the situation is expected to get worse over the next three months, write Swati Dhingra and Josh De Lyon. ... Read more...
07 May 2020
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...
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...
06 May 2020
05 May 2020
Even in more advanced countries, national statistics have proved inadequate in recording informal workers outside the organised sector, especially the new breed of self-employed and temporary workers in cities... Read more...
The Covid-19 lockdown implemented in India is estimated to have tripled the urban unemployment rate. Most low-income urban workers will fall through the cracks of the provisions being put in place to supp... Read more...
02 May 2020
Trade recovered quickly after 2008 because the collapse wasn't long enough for firms to dismantle their portfolios, writes Giordano Mion. ... Read more...
29 April 2020
Richard Davies talks to Fortune magazine about what helps economies recover from extreme shocks, such as the Covid-19 pandemic. ... Read more...
26 April 2020
How hoax information on social media about covid-19 might be worsening the pandemic. ... Read more...
24 April 2020
This column combines survey data from the UK with occupation classifications to show that that – unlike previous recessions – the current crisis is harming women’s labour market prospects mor... Read more...
22 April 2020
The economic crisis caused by COVID-19 will play out unequally across areas. This column focuses on the UK and argues that, in the short run, we will need to target immediate support through existing mechanism... Read more...
Lee Elliot Major and Stephen Machin propose reforms and urgent actions to tackle economic and educational inequalities in the UK. ... Read more...
21 April 2020
The coronavirus has not yet exploded in the developing world, but poor countries are already suffering from the pandemic. Their economies have been battered by lockdowns, falling commodity prices, declining re... Read more...
20 April 2020
To speculate usefully about the effects of the COVID-19 pandemic on Britain’s housing markets one needs a clear analytical understanding of how our housing markets work and what forces cause them to chan... Read more...
17 April 2020
Jenifer Ruiz-Valenzuela, CEP research economist, writes about how job insecurity during the Covid-19 crisis will dramatically affect education outcomes for the families involved. ... Read more...
Research on childcare and gender norms in Sweden, shows that policy changes had a bigger effect if they were in line with people's norms than if they worked against them. Published 2019. ... Read more...
This paper looks at the effects of changing teachers on children's GCSE grades. Published 2018. ... Read more...
Research showing that when people are forced to change their behaviour, some find a better way of doing things. Published 2015. ... Read more...
An investigation of the determinants of trade collapse in Belgium in 2008-09. The paper highlights the extent to which firms factor in sunk costs. Published 2010. ... Read more...
This research finds that workers in atypical employment, such as gig economy workers, are willing to give up approximately 50% of their hourly wage for a permanent contract and around 35% of their hourly wage ... Read more...
This paper uses evidence of increased productivity among two samples of call centre staff working from home to highlight the potential in new management methods. Published 2013. ... Read more...
Jack Blundell identifies groups among self-employed workers, to aid in finding methods to support and protect workers through public policy. ... Read more...
John Van Reenen says success in restarting our economy depends on trust in the government, the quality of our health care, and our ability to monitor those with covid-19. ... Read more...
13 April 2020
Brian Bell, Nick Bloom, Jack Blundell, and Luigi Pistaferri estimate how the ongoing pandemic may impact earnings by age group, gender, and firm size. The data suggests that young men ... Read more...
08 April 2020
The spread of COVID-19 has already had a large negative impact on labour supply and earnings of workers in many countries. In this column, the authors leverage newly collected data from the US and the UK to sh... Read more...
Published February 2020, this paper finds evidence that the use of machine-learning can be an effective tool in assessing risk in domestic abuse cases, and so informing priorities for police response. ... Read more...
This CEP discussion paper, published in June 2017, provides evidence from survey data on USA, Australia, Britain and Indonesia which indicate the things that matter most to people’s life satisfaction are social relations... Read more...
07 April 2020
The U.K. has record-high employment and the lowest jobless rate since the 1970s. But the labor market - and many workers - are more vulnerable to the economic fallout from the coronavirus than those headline n... Read more...
06 April 2020
Short-time work is a subsidy for temporary reductions in the number of hours worked in firms affected by temporary shocks. Evidence suggests that it can have large positive effects on employment and ... Read more...
01 April 2020
A selection of comments from academics, journalists and other experts on the crisis facing many countries across Europe. ... Read more...
20 March 2020
Remote work works best if it’s by choice and not every day. Many people are being forced to work from home for the first time during the coronavirus outbreak. That could have negative impacts on our... Read more...
Anne McElvoy discusses economic futures with demographer Danny Dorling and economists Richard Davies and Petr Barton. ... Read more...
17 March 2020
While the 2020 Budget offers an overall adequate response to the challenges currently posed by coronavirus, there are three issues that need to be addressed further, especially as the outbreak becomes more wid... Read more...
12 March 2020
How can AI help police forces determine who might be most at risk of domestic abuse? Ria Ivandić talks about work being done at CEP to use existing information to help police prioritise emergenc... Read more...
09 March 2020
Professor Stephen Machin, director of CEP, and Henry Overman, research director of CEP, contribute to an investigation into the differences in wages and opportunities across the country and why some towns and ... Read more...
Robots and other new technologies change the mix of tasks and jobs, but they do not decrease the overall demand for labor. Automation can replace existing tasks, especially jobs involving routine manual labor,... Read more...
03 March 2020
Transport upgrades are a key part of the Northern Powerhouse strategy, but there is some criticism about how much large-scale public investment in transport can act as a panacea for economic development. Profe... Read more...
26 February 2020
As part of the new system, the government is expected to drop plans for a salary threshold of £30,000 for applicants. The government immigration adviser, the Migration Advisory Committee, recommended las... Read more...
15 February 2020
A guest post by Fadi Hassan, a research associate at the Centre for Economic Performance at the London School of Economics and Ugo Panizza, a professor of economics and the Pitchet chair in finance and development at the... Read more...
20 December 2019
Yet, as it turns out, this economic theory might not hold. A new working paper by Enrico Moretti, John Van Reenen, , Claudia Steinwender, from the economics departments of the University of California, Berkeley and MIT,... Read more...
02 December 2019
Policies targeted at specific places don't always benefit the intended people, the research director of the LSE's Centre for Economic Performance warns. ... Read more...
29 November 2019
Carrying out Brexit will not improve the UK's struggling economy but will usher in years more uncertainty about Britain's trading relationships, a new report has said. The hard Brexit that Prime Minister Boris J... Read more...
26 November 2019
Britain has become much less socially mobile in recent decades, especially in areas that voted for Brexit in 2016, according to a new report by the Centre for Economic Performance at the London School of Economics.... Read more...
21 November 2019
Political forecasting is a thankless task, especially so in today's Britain. Even still, it's worth looking at what may improve a particular party's chances in the 12 December election. One factor ... Read more...
05 November 2019
Harvard Business School professor Raffaella Sadun and her colleagues have studied more than 12,000 companies and found that organizations that do the basic, boring work of managing - documenting processes, setting clear ... Read more...
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
Host Jeremy Hobson speaks with international trade expert Thomas Sampson of the London School of Economics about the potential long-term economic impacts of Brexit. The economic impact of Boris Johnson's Brexit proposa... Read more...
But their ban has backfired, according to a report by the London School of Economics. The developers have simply walked away, causing the number of new homes being built to shrink and for prices to soar. And ... Read more...
A new research paper from the U.S. Federal Reserve Board suggests the record is not all negative - as you might actually expect, given that China's success in penetrating the U.S. market was not imposed on Americans but ... Read more...
31 October 2019
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However, Professor Christian Hilber believes the ban could increase the "ghost town effect" as it inadvertently reduced the number of available homes due to building companies finding new work in surrounding areas. The ... Read more...
How can social mobility be improved? Lee Elliot Major and Stephen Machin write that merely tweaking existing policies will not transform society. They outline four major changes that have the potential to actually do so.... Read more...
30 October 2019
Max Nathan is an associate professor at the Centre for Advanced Spatial Analysis, University College London. London's technology ecosystem is thriving. The city has more than 50,000 tech firms, with over 260,000 employe... Read more...
29 October 2019
Thomas Sampson If Brexit is a divorce, then Northern Ireland is a child at the centre of a messy custody fight. The new Brexit deal seeks to solve the Irish border problem through joint custody. Whether Northern Ireland... Read more...
26 October 2019
Disadvantaged areas need evidence-based approaches, not policy innovation, argues the director of the What Works Centre for Local Economic Growth. Evidence-based policy in disadvantaged places, What Works Centre for Eco... Read more...
25 October 2019
The think tank, The UK in a Changing Europe, estimate that these effects will eventually reduce UK GDP per person by around 2.5 per cent, relative to what it would have been were we to stay in the EU. Less trade, however... Read more...
24 October 2019
We are very pleased to have launched our collaborative work on disadvantaged places. This project looks in depth at policy, and the use of evidence, in places in the UK that are most disadvantaged, sometimes referred to... Read more...
Snippet: For example, since 1989, Australia has introduced the system of contingent repayment loans (PARCs) which allow higher education to benefit from public funding supplemented by funding provided by the beneficiarie... Read more...
23 October 2019
Contemporary labour markets are characterised by more atypical or alternative work arrangements. Some of these - like independent contractors - have emerged in the context of self-employment, while others - like zero hou... Read more...
22 October 2019
A team that included two Northwestern researchers - Sapienza and David Figlio, dean of the School of Education and Social Policy—conducted two analyses to examine whether a family’s attitude toward boys and girls cou... Read more...
21 October 2019
Every city wants a cluster, a concentration of high-productivity firms and workers beavering away in a particular industry in a particular place. Proximity means ideas and productivity growing and spreading. Who doesn't ... Read more...
20 October 2019
Professor Jonathan Portes and Thomas Sampson, among the authors of the UK in a Changing Europe report, said that while the political declaration provided scope for a closer relationship with the EU than Johnson had first... Read more...
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
Congratulations to Benjamin Moll and Xavier Jaravel, who are both winners of this year's Philip Leverhulme Prizes.... Read more...
Dennis Novy, professor of economics at the University of Warwick, points out that the UK experienced a surge in inflation in 2016 after the Brexit referendum, which had drastically slumped the pound by around 10%, which ... Read more...
16 October 2019
In a report to be published today by the UK in a Changing Europe think tank, economists say that the prime minister's proposals are likely to end in a "Canada-minus" trade agreement less comprehensive than that between t... Read more...
13 October 2019
The Brexit deal that Boris Johnson, the prime minister, is seeking to strike with Brussels this week would push the UK down the route of a hard Brexit, resulting in the nation missing out on up to 7 per cent of growth, a... Read more...
Boris Johnson’s Brexit plan would leave knock up to £50bn off the economy and leave everyone in the UK £2,000 worse off, new analysis has found. The Academic think-tank The UK in a Changing Europe sa... Read more...
Even now, 56 years after its release, you don't need to be a transport buff to know about the Beeching report. Following its publication in March 1963, hundreds of stations and thousands of miles of track were axed. The ... Read more...
06 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
Meanwhile, some studies suggest that research productivity is slowing down, so that it takes more scientists to glean each new insight across a variety of fields. Fighting this slowdown is a worthy goal, but a difficult... Read more...
03 October 2019
A new data set helps address the lack of innovation data able to capture firms' internal mechanisms and behaviours, write Max Nathan and Anna Cecilia Rosso. What Works Well Centre for Economic Growth... Read more...
02 October 2019
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
Researchers warned that pollution exposure before "high stakes" tests such as A levels risked serious consequences, as one poor day could cost pupils a university place. Sefi Roth, of the London School of Economics, who ... Read more...
30 September 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
In a context made even more complicated by the situation in Ireland, the economists of the Center for Economic Performance of the LSE underline that the Brexiters also neglect the economic benefits of integration in the ... Read more...
25 September 2019
Lisa Cook, Michigan State University Economics Professor references Opportunity Insights' Who Becomes an Inventor in America? The Importance of Exposure to Innovation by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Pet... Read more...
24 September 2019
In their robotics focussed study carried out in 2015, Graetz and Michaels concluded that robot densification increased the annual growth of GDP and labour productivity by about 0.37% and 0.36% respectively across 17 coun... Read more...
23 September 2019
Another, Swati Dhingra, lecturer in economics at the London School of Economics, said that since the EU referendum, "the number of foreign investments and expansions… are showing disconcerting reductions."... Read more...
Home Affairs editor A THOUSAND "commuter villages" with 2.1million new homes should be built on the green belt near railway stations to help solve the housing crisis, a leading government adviser and academic has propose... Read more...
22 September 2019
Prof Stephen Machin, at the London School of Economics, says on the decline in membership: "It is not because of getting rid of unions where they are already in place, it is actually the failure to organise new workplace... Read more...
Prof Stephen Machin at the London School of Economics says on the decline in membership: "It is not because of getting rid of unions where they are already in place, it is actually the failure to organise new workplaces.... Read more...
21 September 2019
2019 winner: Sara Signorelli (Paris School of Economics) Do skilled migrants compete with native workers? Analysis of a selective immigration policy ... Read more...
A new paper by economists Nicholas Bloom, John Van Reenen and Heidi Williams canvasses the principal policies that governments have used to nurture innovation. A Toolkit of Policies to Promote Innovation, Nicholas Bloom... Read more...
20 September 2019
Interview with CEP’s Ria Ivandic about the CEP Crime research programme. ... Read more...
Richard Davis talks about his new book, Extreme Economies. ... Read more...
19 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...
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
On Brexit and the potential future trading options for the UK and the EU27. This interview was part of a larger piece for the 6 o'clock news programme. ... Read more...
17 September 2019
To find the world's most extreme economies you generally have to travel far from the beaten track. There is one exception to this rule, a city closer to home that was described best by Sean Connery in The Bowler and the ... Read more...
14 September 2019
Of course, the elasticity of the response to automation is an empirical question. Recent studies indeed find evidence of positive employment responses in some industries with new information technologies, automation, and... Read more...
13 September 2019
12 September 2019
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...
A no-deal Brexit means that Britain will revert to WTO rules to trade with the EU and the rest of the world. This means import duties and various controls on trade, which economists at LSE's Centre for Economic Performan... Read more...
Such things occur outside idle thought experiments. Guy Michaels, of the London School of Economics, and Ferdinand Rauch, of the University of Oxford, studied the fortunes of Roman-era towns in Britain and France. When t... Read more...
09 September 2019
The attacks on mosques in Oslo and Christchurch have again called attention to the rise in anti-Muslim sentiment that is increasingly becoming normalised in media and on social platforms. This column studies the role the... Read more...
More structured managerial practices have a strong relationship with firm productivity, writes Daniela Scur. ... Read more...
The national survey on happiness index is a late development, because social economists have found that although the economies of various countries will grow more or less, the happiness of the people has not continued to... Read more...
08 September 2019
06 September 2019
Dr Thomas Sampson explains what the immediate impacts of a no-deal will have on UK trade. Professor Thomas Sampson from @CEP_LSE explains what the immediate impacts of a #nodeal will have on UK trade.#Nodealexplain... Read more...
05 September 2019
Although the short-term impact of a no-deal Brexit could be relatively benign, leaving without a deal would prove costly in the long term, a new paper by the UK in a Changing Europe and the London School of Economics' Ce... Read more...
04 September 2019
Research published by the London School of Economics estimated that the spike in inflation that followed the 2016 referendum was costing the average household £7.74 a week - a figure equivalent to £404 a year... Read more...
03 September 2019
Just 41 percent of all 30-year-olds earned more in 2017 than their parents did when they were the same age. Two decades earlier, the proportion had been two-thirds higher: in 1995, 69 percent of the age group were better... Read more...
02 September 2019
30 August 2019
LONDON (MNI) - The Bank of England risks substantially underestimating the upward inflationary pressure from sterling's depreciation due its practice of using trade weights to assess the impact of currency movements, a s... Read more...
Supporters of the ban cite research undertaken by the London School of Economics which shows that limited phone use in schools directly correlates to exam success, partly because of an increase in concentration. The same... Read more...
By Felipe Carozzi In a recent paper we study how air pollution - as measured by fine particulate matter (PM2.5) concentration - is shaped by cities' population density in the United States. In particular, we want to fin... Read more...
29 August 2019
QUEST: John Van Reenen is professor of economics at MIT, he says a no-deal Brexit is a battle for the soul of Britain. Why? JOHN VAN REENEN, PROFESSOR OF ECONOMICS, MIT: It's about the soul of Britain. I think today, Bo... Read more...
28 August 2019
Britain is lurching towards an economic, political and moral disaster, writes John Van Reenen.... Read more...
26 August 2019
In a recent study, Ana Valero and John van Reenen tell us how much the economic benefits of the presence of a university in the region amount to by studying 15 thousand universities located in 1,500 different regions in ... Read more...
The high level of uncertainty is measurable. A 2016 study by Scott Baker of Northwestern University, Nick Bloom of Stanford University, and Steven Davis of the University of Chicago, quantified political uncertainty in t... Read more...
25 August 2019
By Barbara Petrongolo, Felix Koenig, and John Van Reenen Policy makers have long been concerned with helping people on disability benefits find some employment as this group has grown dramatically in recent decades. In ... Read more...
24 August 2019
Despite shorter commutes and better access to commercial and recreational activities, dense cities create environmental pollution, write Sefi Roth and Felipe Carozzi. ... Read more...
23 August 2019
"This plays out over and over, at every scale and within every state," says Muro. And while major coastal metros may attract a higher concentration of elite firms and global talent, midsize cities with universities benef... Read more...
22 August 2019
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
What is the mechanism of the impact of the size of a native city on an individual's adult income? A general "level solidification" is obviously not fully explained. Therefore, the two authors of the above study, French e... Read more...
20 August 2019
A large increase in US consumers' purchasing power compensated for trade-related job losses, write <b?Xavier Jaravel and Erick Sager. This blog post appeared first on the LSE USA blog. It's based on 'What are the Pric... Read more...
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...
19 August 2019
A report commissioned by dairy giant Arla and published last year by the London School of Economics makes for sobering reading. In a press release accompanying the release of the report, the MD of the company that commis... Read more...
16 August 2019
As Brexit nears (again), are British firms choosing to invest in the UK or in other European markets? Are European firms investing in the UK to preserve access to its markets? And has "global Britain" got off the drawing... Read more...
A recent article in the Journal of Economic Perspectives by Nicholas Bloom, John Van Reenen, and Heidi Williams examines the productivity slowdown and innovation policy. They note that in 2015 the United States spent the... Read more...
When China joined the World Trade Organization in 2001, exports to the US market surged. In new research Xavier Jaravel and Erick Sager find that the rise of lower priced Chinese imports also helped to reduce prices of U... Read more...
14 August 2019
Here it is interesting to visualize the implementation of industrial robots, the reference to the work of Graetz and Michaels, "Robots at work", of which they contribute the published picture 'Number of Industrial Robot... Read more...
13 August 2019
It can be seen from the strikes in Taiwan in recent years that for the company's top management, only shareholders are the most important targets for care. It is like giving them more benefits. But the British media The ... Read more...
12 August 2019
Economists Nicholas Bloom, John Van Reenen and Heidi Williams have a new paper outlining possible ways to make that happen. They conclude that there are three policies that are fairly effective at spurring economically b... Read more...
09 August 2019
To help John and the journalist, we asked our World Wellbeing Panel to comment on the wellbeing arising from luxury goods. With aspirations of one day owning that Lamborghini, we expected our panel of economists to agree... Read more...
07 August 2019
Of course, the relationship between R&D spending and broader technological progress is complicated. Translating research discoveries into goods and services isn't a simple or mechanical process. Other important elements ... Read more...
The research by Nick Powdthavee, of Warwick Business School, Anke Plagnol, of City University London, Andrew Clark, of Paris School of Economics, and Paul Frijters, of the London School of Economics, also found that repo... Read more...
01 August 2019
That's the question at the heart of a new study published in the Journal of Urban Economics. In the study, economists Cleement Bosquet of the University of Cergy-Pontoise in France and Henry G. Overman of the London Scho... Read more...
30 July 2019
"But all UK households lose from a depreciation that pushes up the cost of imported goods, raising prices in the shops and eroding the real value of their earnings and savings. Research published by the London School of ... Read more...
Lord Richard Layard, a professor at the London School of Economics, has been a pioneer in this area, and believes the government should prioritise policies that boost happiness over growth. His research has gone on to in... Read more...
25 July 2019
Facilitating trade in services, particularly knowledge-intensive ones, requires strong global cities as trade hubs, write Saul Estrin and Daniel Shapiro.... Read more...
Beyond the fact that each one of us has to look for a concordance between the vocation and the labor field, employers can do a lot to achieve this goal. According to Lord Richard Layard, the elements that integrate work ... Read more...
24 July 2019
Last year research by academics at the LSE's Centre for Economic Performance found that phonics improved children's reading. Sandra McNally, one of the authors, notes that, whereas the boost faded with time for better-of... Read more...
There is an almost complete pass-through of tariffs into prices paid by US importers; consumers pick up the tab, write Mary Amiti, Stephen Redding and David E. Weinstein.... Read more...
New UK evidence may lend support to heavier investment in transport infrastructure that facilitates longer-distance commuting, write Michael Amior and Alan Manning.... Read more...
23 July 2019
Write David Jacks, Dennis Novy Against the backdrop of new tariffs imposed by the Trump administration and retaliation from targeted countries, notably China, the trade wars of the 1930s have received renewed attention... Read more...
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
The study conducted by Christian Krekel, George Ward and Jan-Emmanuel De Neve tries to shed light on the relationship between well-being and company performance. ... Read more...
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
19 July 2019
18 July 2019
An evaluation by LSE's Centre of Economic Performance found "robust evidence" that the Healthy Minds curriculum improves physical health of participants. The report's authors, Grace Lordan, Associate Professor in Behavio... Read more...
"We have a money laundering system that doesn't work. Therefore, we must not just introduce more rules. It does not help. Extensive reform is urgently needed," says Professor Tom Kirchmaier, who researches at Copenhagen ... Read more...
17 July 2019
This week's guest blog comes from Christian Krekel, a Research Fellow at the Centre for Economic Performance, London School of Economics, working with George Ward from MIT Sloan and Jan-Emmanuel De Neve from Oxford Unive... Read more...
John Van Reenen, MIT, discusses work he has done on how 'superstar firms' such as Google and Apple have changed the global economy. The superstars, although big, employ relatively few workers and this has contributed to ... Read more...
16 July 2019
However, at this point in time, even some economists want a change in focus. For example, Professor Lord Richard Layard, from the Centre for Economic Performance at the London School of Economics, recently proposed that ... Read more...
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
Described as a "game-changing event" by London School of Economics Dr. Richard Layard, New Zealand's budget has set a new standard for progressive policy "no other major country that has so explicitly adopted well-being ... Read more...
11 July 2019
Dr Chiara Cavaglia Make Devolution is also affecting "education and skills", e.g. with the Adult Education Budget being managed locally form 2019/20. With this in mind, the All Party Parliamentary Group on Apprenticeshi... Read more...
10 July 2019
CEPR Fellow Swati Dhingra, LSE, looks at what Brexit tells us about the contribution of globalisation to the productivity and wage stagnation we see across the developed world. Following the Brexit vote, sterling suffere... Read more...
09 July 2019
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...
08 July 2019
Properties on the Lockington Crescent estate were on the market for between £4,500 and £7,000 - considerably cheaper than in London, where homes were up to 30% more expensive, according to economic historian ... Read more...
07 July 2019
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
In a 2015 Centre for Economic Performance study in Britain, researchers found that a school smartphone ban improved the academic performance of students in the bottom quarter of the test group significantly (14%) in high... Read more...
By Gianmarco Ottaviano, Professor of Economics, Bocconi University. Originally published at VoxEU... Read more...
03 July 2019
By Gianmarco Ottaviano Economic geography strikes back. After a couple of decades of easy talk about the 'death of distance' in the age of globalisation, the promise of a world of rising living standards for all is inc... Read more...
The preeminent happiness researcher shares some surprising results on connecting well-being, mental health, and how employers can play a role in improving our lives at work. ... Read more...
01 July 2019
The income declared by the richest fell sharply between 2012 and 2013, report four economists, among whom Philippe Aghion. But is this a real decrease, or a more widespread practice of tax optimization?... Read more...
30 June 2019
Tito Boeri interviews Raghuram G. Rajan With industrialized countries beset by a political backlash against trade, technology, migration, and other hallmarks of the modern global economy, expert solutions are needed now... Read more...
28 June 2019
Coverage of LSE's #EvidencePod at Evidence Week in Parliament.... Read more...
Reaffirming this idea, John Van Reenen, economist at MIT, explained that this division could point to a scenario in which the only one harmed is the global economy. "Given the assault of Trump and the growing band of 'st... Read more...
Research by Nick Bloom, James Liang, John Roberts and Zhichun Jenny Ying on Ctrip in China showed a 13.5 per cent rise in worker productivity through work from home policies as employees completed their full shift of wor... Read more...
Thirdly, it is exporters who are being especially hard hit by Brexit uncertainty and it is these who tend to be more efficient than the average company. Brute maths, says Stanford University's Nick Bloom, means that this... Read more...
27 June 2019
The slide in sterling since the referendum has pushed up prices without doing much to boost UK exports, while wage growth has lagged behind inflation, the analysis has found. Authors cite estimates by the London School o... Read more...
25 June 2019
In this latest blog post, Steven McIntosh of University of Sheffield discusses CVER contributions to the recent Augar Review of Post-18 Education, and the findings that came out of that research. Individual Consequences... Read more...
Free trade is not necessarily efficient when larger, more productive firms can charge higher markups than smaller, less productive ones, write Antonella Nocco, Gianmarco Ottaviano and Matteo Salto. ... Read more...
24 June 2019
3) In the Fall 2017 issue of the Journal of Economic Perspectives, and Thomas Sampson sums up the research on what is known and what might come next in "Brexit: The Economics of International Disintegration," In turn, I... Read more...
23 June 2019
"One thing is really clear: There has got to be a reset in the world trading system," said Swati Dhingra, an economist at the London School of Economics. "It's all breaking at the seams at this point."... Read more...
21 June 2019
20 June 2019
A 2015 study by the London School of Economics found that banning phones could give low-achieving and low-income pupils an additional hour a week in school.... Read more...
The achievements of the Chinese and Vietnamese economies lead to a debate on state capitalism as a viable model of further development. Economists Leonardo Baccini, Giammario Impullitti and Edmund Malesky present on VoxE... Read more...
19 June 2019
"The striking fact is that over time, people simply do not adapt to being unemployed," says Jan-Emmanuel De Neve, an associate professor of economics and strategy at Oxford University and associate editor of th... Read more...
17 June 2019
MAC chairman Professor Alan Manning said: "Today's labour market is very different to the one we reviewed when the last SOL was published in 2013. "Unemployment is lower and employers in various industries are facing di... Read more...
14 June 2019
In sectors where import prices rose because of the drop in sterling, training and wages for workers fell, the paper said. That could have negative long-term implications for productivity, skills and living standards, iss... Read more...
11 June 2019
UK workers took a hit from the Brexit-related depreciation in the pound in the form of lower wages and training, according to an academic paper. In sectors where import prices rose because of the drop in sterling, train... Read more...
10 June 2019
In a fascinating new paper, economists David Jacks and Dennis Novy argue that today's contentious trade disputes recall what happened during the Great Depression of the 1930s. Led by Great Britain and Germany, competing ... Read more...
09 June 2019
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
It is harder to quantify the emotional impact of losing a plant where generations of the same families had worked for a century. From the beach, the idle works hulk over the skyline. Research by Sascha Becker, Thiemo Fet... Read more...
06 June 2019
"At the moment, we have not witnessed a wholesale collapse of the modern trading system. This is partially for the fact that policymakers seem to have learned some of the lessons of interwar history by not responding in ... Read more...
Who compromises most in such cases? Generally, size matters: big trading economies are usually in a position to dictate terms to smaller partners. In the words of professor Dennis Novy of the University of Warwick: "Th... Read more...
05 June 2019
The US and the EU may be threatening each other with tariffs, but experts say the trade relationship is balanced. "I find it difficult to understand exactly what the basis is for the US administration's complaints on th... Read more...
04 June 2019
In a fascinating new paper, economists David S. Jacks and Dennis Novy argue that today's contentious trade disputes recall what happened during the Great Depression of the 1930s. Led by Britain and Germany, competing tra... Read more...
The unexpected result of the Brexit referendum, working through the rapid depreciation of sterling, has hurt British workers. Rui Costa, Swati Dhingra and Stephen Machin (LSE) show that the big drop in the value of the p... Read more...
03 June 2019
To help us sort out the prospects of a bilateral trade deal between the U.S. and the U.K. and to look at the historical context, we're joined by Professor Dennis Novy. He's an economist at the University of Warwick. Welc... Read more...
Populism has been used by right-wing forces as a lever to undermine the ruling elite, exploiting discontent. The solution? "The European Union now has the task of working on a new idea of sovereignty, which goes beyond n... Read more...
AUDIE CORNISH: One item on the docket for Trump's visit this week - negotiating a potential trade deal between the U.S. and the U.K. to go into effect after the U.K.'s expected departure from the European Union. The nego... Read more...
02 June 2019
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
In the letter to MAC chair Professor Alan Manning he makes clear he now wants the Committee "involved in the process". He says: "The Government is committed to engaging extensively over the course of this year before co... Read more...
In this sense, one of the most complete studies to date was carried out by the economists Georg Graetz and Guy Michaels, of Uppsala University and the London School of Economics (in Robots at Work, The Review of Economic... Read more...
20 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...
Snippet ... 80% of new housing is going on so called brownfield land in the south-east but relatively little brownfield land in the right places at the you can develop a reasonable prices that have to build on some green... Read more...
Snippet: ...have they can bring them into school was on was switched off and kept in lockers or somewhere safe and there's also an academic research Katie you're aware of which is linked to banning phones to better GCSE ... Read more...
19 May 2019
Snippet: ...school? According to this group of head teachers yes, they should be. The reason they make this argument is they think mobile phones are a complete distraction in school, and there has been evidence from a st... Read more...
18 May 2019
Snippet: ...nd the head teacher who bans mobile phones", adding: "Children in school should not be being distracted by their phones." Banning phones in schools delivers an average 6 per cent increase in test scores, acco... Read more...
The economic losses from Trump's trade war compound that burden. A study by researchers at the Federal Reserve Bank of New York, Columbia University and Princeton University found that trade warfare was costing Americans... Read more...
17 May 2019
Distance matters, big time. Moreover, it matters more now than it did a century ago. Thus, another study reveals that the negative effect of distance was larger between 1950 and 2000 than it had been between 1870 and 191... Read more...
16 May 2019
15 May 2019
Research from Mary Amiti of the New York Fed, Stephen Redding of Princeton University and David Weinstein of Columbia University in March found that the "full incidence" of the tariffs has fallen on domestic consumers so... Read more...
14 May 2019
13 May 2019
"We used to think that unemployment responded to growth in the economy. We used to think I it took about 2 percent growth to make any in roads into unemployment But the recovery since the recession has gone against that ... Read more...
This article was written by professor Andrew E. Clark (LSE), and professor Conchita D'Ambrosi and Marta Barazzetta, from the University of Luxembourg. A version of this article was first published on the LSE blog. For mo... Read more...
12 May 2019
10 May 2019
09 May 2019
A comprehensive study undertaken by the Bertelmann Stiftung and University of Sussex examines the real impact of the EU Single Market on incomes. Economists Giordano Mion (University of Sussex) and Dominic Ponattu (Bert... Read more...
Since the referendum, self-reported British subjective wellbeing has stagnated, finds a study led by Georgios Kavetsos of Queen Mary University of London. Pro-Europeans are predictably upset, but even anti-Europeans saw ... Read more...
Brexit affects domestic firms, too. In January Barclays bank received legal approval to move €190bn ($213bn) of assets to Dublin, fearing no-deal. The London School of Economics recently found the Brexit vote had ca... Read more...
Ria Ivandic, Tom Kirchmaier and Stephen Machin study the empirical connections between local anti-Muslim hate crimes and international jihadi terror attacks. They find that local Muslim populations face a media-magnified... Read more...
08 May 2019
07 May 2019
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...
Dr Anna Valero, innovation fellow at the London School of Economics, said the results of the funding would inform local and national governments to improve access to technology.... Read more...
06 May 2019
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
01 May 2019
Is there a relationship between childhood circumstances and outcomes later on in life? Andrew E. Clark, Conchita D'Ambrosio, and Marta Barazzetta consider the cognitive and non-cognitive consequences on young adults who ... Read more...
30 April 2019
During a debate on the composition of the MAC, it was noted that the Chairman, Professor Alan Manning, is an economist from LSE. George Eustice MP (Con, Cambourne and Redruth) called for the Cttee to be expanded to bring... Read more...
Economists David Autor, David Dorn, Lawrence Katz, Christina Patterson and John Van Reenen, who wrote one of the first papers to bring attention to the phenomenon of rising concentration, also endorse a story of so-calle... Read more...
26 April 2019
In a new CEP Discussion Paper, "Affordability, Financial Innovation and the Start of the Housing Boom" my coauthors and I study the relationship between the start of the housing boom and the use of non-traditional mortga... Read more...
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
A growing number of companies place a high priority on the wellbeing of their workers, assuming that happier workers will lead to improved productivity. This column examines this link based on a meta-analysis of independ... Read more...
21 April 2019
19 April 2019
17 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
A company's performance during and after a recession depends not just on the decisions it makes but also on who makes them. In a 2017 study, Raffaella Sadun (of Harvard Business School), Philippe Aghion (of College de Fr... Read more...
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
Dr. Federico Rossi, Assistant Professor in the Department of Economics at Warwick University and Dr. Marta De Philippis of the Bank of Italy's Department of Economics and Statistics investigated the school performance of... Read more...
Researchers at the London School of Economics' Centre for Economic Performance found that the "subjective well-being," or happiness, of Britons has declined since the 2016 referendum regardless of a person's position on ... Read more...
Original information: Chiara Criscuolo, Ralf Martin, Henry G. Overman, John Van Reenen. Some Causal Effects of an Industrial Policy. American Economic Review, 2019, 109(1): 48-85. Governments around the world provide la... Read more...
14 April 2019
There is growing concern that human jobs are being replaced by the rapid technological progress of artificial intelligence (AI), robotics, and automation (Acemoglu and Restrepo 2017, Brynjolfsson and McAfee 2014, Ford 20... Read more...
13 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...
11 April 2019
A widely cited 2015 paper from the London School of Economics and Political Science found "student performance in high stake exams significantly increases" if mobile phones are banned.... Read more...
10 April 2019
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
House prices indicate the value of canals as an environmental resource to local residents in England and Wales, write Stephen Gibbons, Cong Peng and Cheng Keat Tang. ... Read more...
...roposed extensions to the official date for leaving Europe, the deadline is creeping closer.In this article, we take a look at how Brexit could impact your weekly shop. Less cheese (Image: Sunday Mirror) A report by ... Read more...
08 April 2019
Robots are already driving productivity. Investment in robots contributed to 10 percent of GDP growth per capita in Organization for Economic Cooperation and Development (OECD) countries from 1993 to 2016.5 There is also... Read more...
05 April 2019
Robots increase productivity when used for tasks that perform more efficiently and at a higher and more stable level of quality than people. In a research focused on robotics for the Center for Economic Performance at th... Read more...
04 April 2019
Figure of the week - $1.4bn a month. The hit to US prices and welfare produced by Mr Trump's trade policies in 2018, according to research by Mary Amiti of the Federal Reserve Bank of New York, Stephen Redding of Princet... Read more...
"How unequal power relations can be, is shown by the example of Turkey, whose customs union with the EU has hitherto been limited to industrial products. If the EU lowers the industrial tariffs for a particular trading p... Read more...
One of the first major trade expansions in human history provides early evidence that trade promotes growth, write Jan David Bakker, Stephan Maurer, Jorn-Steffen Pischke and Ferdinand Rauch. ... Read more...
The value of the British pound is ten percent lower than in 2016. A study by the Center for Economic Performance estimated that increased inflation had cost an average household an estimated weekly wage all the first yea... Read more...
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
Our recent research investigates the value of this resource to local residents in England and Wales, using house prices. Analysis of house prices is a well-established method within urban and environmental economics for ... Read more...
02 April 2019
How has voting to leave the EU affected the UK's economy? The difficulty in answering this question is that we do not know what would have happened to the economy if Remain had won. Consequently, researchers look for way... Read more...
Snippet: ...according to a study by the London School of Economics British companies have delivered almost 11 billion dollars worth of new investment away from Britain through the EU since the Brexit vote so UK firms hik... Read more...
01 April 2019
And the mood of the British is deeply affected. "The level of post-referendum satisfaction has deteriorated significantly in the UK compared to other EU countries," Georgios Kavetsos, a professor of behavioral science at... Read more...
Snippet: ...A fall in the pound increases the costs of UK imports, and in the year after the vote consumer prices rose rapidly. Analysis from 2017 by researchers at the Centre for Economic Performance estimated that the ... Read more...
Snippet: ... so what does the investment picture look like in the UK since the referendum in June 20 16th government figures show that last year business investment fell slightly by 0.4% to around 247 billion dollars acc... Read more...
Snippet: 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...
Snippet: ...know that element happens to be one OK that's enough Fabio 10 M&S group protection to keep control all leading Britain's conversation LBC with was speaking to Dr Thomas Sampson associate Professor of economic... Read more...
We should shift the entire responsibility for money laundering with the respective financial authorities and invest much more in IT technology, writes CBS professor and expert in money laundering, Tom Kirchmaier.... Read more...
31 March 2019
Secondly, workers are not being displaced by new technology. Business investment has fallen since 2016. There are countless reasons for this, many of them longstanding structural ones. One, which might have become more i... Read more...
29 March 2019
Johannes Gutenberg died in 1468, a little over a decade after inventing movable type. But he had already set in motion a gold rush-like frenzy of European entrepreneurs who flung open print shops to cash in on his techno... Read more...
28 March 2019
27 March 2019
In 2010, along with two other colleagues at MIT and the University of California at San Diego, he had already observed that the productivity of former star coworkers decreased by 5% to 8% after such a fatal event. "Since... Read more...
From Dr Guy Michaels, London School of Economics, UK Joseph Cotterill, in "Aid groups battle to reach cyclone survivors" (March 21), describes the terrible devastation that recent floods have wreaked in Mozambique and n... Read more...
Meanwhile, a very interesting new paper by economists Philippe Aghion, Antonin Bergeaud, Gilbert Cette, Remy Lecat and Helene Maghin looks at the relationship between credit constraints and productivity at the level of i... Read more...
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...
...13, Centre for Economic Performance, London School of Economics.... Read more...
26 March 2019
However, the phenomenon that has promoted the economic viability of new technology around the world has been the reduction of prices. According to Graetz and Michaels [5], the price of industrial robots has been reduced ... Read more...
However, women inventors made up only 12% of all inventors on patents granted in 2016 - the most recent year for which data is available - according to the patent office. That disparity is not a good sign and even hurts... Read more...
25 March 2019
A new analysis suggests a trajectory and policy recommendations, write Adeline Pelletier, Susanna Khavul and Saul Estrin. In the past decade, mobile payment systems (MPS) have rapidly emerged in many developing economies... Read more...
Abi Adams, a specialist in behavioral economics at the Institute of Fiscal Studies (IFS) in London, UK, tells the BBC that new websites and online shopping applications "are changing our relationship with money."... Read more...
To what extent does the way we bank affect the way we spend, or don't spend, our money? Guest: Abi Adams, Behavioural Economist at the University of Oxford.... Read more...
24 March 2019
In a similar spirit, I of course know that the introduction of a printing press with moveable type by to Europe in 1439 by Johannes Gutenberg is often called one of the most important inventions in world history. However... Read more...
22 March 2019
The report was authored by Giordano Mion, a professor of economy at the University of Sussex, and Dominic Ponattu, a researcher at the Bertelsmann Foundation in Germany.... Read more...
21 March 2019
Evidence of the UK's economic performance since the EU Referendum is clear: GDP growth has slowed down, productivity has suffered, the pound has depreciated and purchasing power has gone down, and investments have declin... Read more...
Despite calls to 'take back control' the economic reality is that tariffs will be determined by the 'bound rates' that the UK already has in place under the WTO and, ultimately, no tariff regime will make up for loss of ... Read more...
20 March 2019
In this interview, Paul Cheshire shares his over 50 years of experience on urban economics. He talks about why "land is making a comeback", reasons for the dramatic turnaround in the value of land, the "key tools in the ... Read more...
18 March 2019
Jonathan Haskel worried by falling business investment driven by uncertainty.... Read more...
14 March 2019
Book prices fell, the salaries of university professors rose, and revolutionary religious ideas spread, write Jeremiah Dittmar and Skipper Seabold.... Read more...
A few days before the vote, three of the UK's most reputable economic institutions - the National Institute of Economic and Social Research, the Institute for Fiscal Studies and the Centre for Economic Performance at the... Read more...
"It's important to remember that China started with a much more broad-based and educated workforce when it embarked on its economic transition," says Swati Dhingra, from the London School of Economics. "India has seen m... Read more...
13 March 2019
If, in spite of all this, the government manages to negotiate a trade agreement with the EU, what will be the economic and political consequences for the UK? Will it all be worthwhile in the end? A good guide to the econ... Read more...
12 March 2019
Bans on mobile phones significantly increases student performance in high-stakes exams, according to a 2015 London School of Economics and Political Science paper.... Read more...
...which are designed to create positive learning environments." They note that many school boards have policies that allow students to bring their own devices into the classroom for educational purposes. A 2015 London S... Read more...
The Toronto District School Board dropped its ban in 2011, and last summer, it also lifted its ban on Snapchat, Instagram and Netflix. A 2015 London School of Economics study found that ... ... Read more...
Bank of England policy maker Jonathan Haskel warned that the UK may not see a material pickup in investment growth even if the government secures an exit deal with the European Union this month. Haskel, in his first spe... Read more...
11 March 2019
What we're reading Political Quarterly is continuing its excellent series on Britain and Brexit. This week Swati Dhingra examined what a post-Brexit trade policy could look like while Duncan Weldon asked if Brexit really... Read more...
10 March 2019
Arguably, it is also simply getting harder to innovate. As economists Nick Bloom, Chad Jones, John Van Reenen and Michael Webb argue, .... ... Read more...
09 March 2019
But according to a forthcoming paper from Felipe Carozzi, Christian Hilber and Xiaolun Yu of the London School of Economics, the clearest impact of Help to Buy has been to raise house prices, potentially by as much as 5 ... Read more...
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
Carmen Villa comments on the economics of crime in relation to police numbers and knife crime Outlet: BBC Radio Scotland, BBC Radio Manchester, BBC Radio 5 Live and over 15 other local BBC Radio Stations Crime Research... Read more...
Ben Chu, Economics Editor of BBC Newsnight, showed a graph on FDI outflows from the UK (actual vs. expected) on BBC2 Newsnight on 07 March 2019. This graph is taken from CEP Brexit Analysis No. 13, Figure 2. 19:20min ... Read more...
06 March 2019
Carmen Villa comments on the economics of crime in relation to police numbers and knife crime. ... Read more...
But Prof Will Jennings, a political scientist at the University of Southampton, and Prof Tom Kirchmaier, who lectures on crime and policing at the LSE, both tell me that the increase in knife crime is probably real. What... Read more...
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...
05 March 2019
The United Kingdom is one of the most open economies in the world. Its exports and imports were over £600 billion (30 per cent of UK GDP) each last year. It is 'extremely open' from an investment perspective, both its o... Read more...
But Christian Hilber, a professor of economic geography at the London School of Economics, says even if those empty apartments were occupied, they wouldn't help mitigate the affordable housing crisis.... Read more...
04 March 2019
Phlippe Aghion (College of France, LSE, and CEPR) discusses work on merged datasets from the UK - one detailing occupation & wages, the other looking at R&D and investment. ... Read more...
Economists believe "firms are more productive if they're in larger cities" says Henry Overman, a Professor of Economic Geography at the LSE. What Works Well Centre for Economic Growth ... Read more...
03 March 2019
02 March 2019
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...
Economists like David Blanchflower, John Van Reenen and I set out just how bad UK economic performance had been over the previous five years, but once again expertise was ignored. As far as the media were concerned, redu... Read more...
Graetz, Georg and Guy Michaels (2017): "Robots at Work," Discussion Paper 1335, Centre for Economic Performance, London School of Economics and Political Science. ... Read more...
23 February 2019
"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...
Most countries pursue policies that implicitly or explicitly aim at promoting 'compact urban form', but so far these policies have not been well-grounded in evidence. This column summarises the state of knowledge on the ... Read more...
22 February 2019
"Moving companies to Dublin does not turn Dublin into London," says Swati Dhingra, an economist at the London School of Economics. "The dispersal—to Paris, Munich, wherever—means that nobody will inherit the conglome... Read more...
21 February 2019
UK companies have increased their investments into the EU by $10.73bn due to Brexit uncertainty diverting investment from the domestic market, says a recent study from the London School of Economics' (LSE) Centre for Eco... Read more...
According to the Centre for Economic Performance, a research institute, a no-deal Brexit would lower Britain's trade with the EU by two-fifths over ten years. BREXIT Papers & Analyses from the CEP.... Read more...
17 February 2019
Such things occur outside idle thought experiments. Guy Michaels of the London School of Economics and Ferdinand Rauch, of the University of Oxford studied ... [paywall] ... Read more...
The increase in outward investments is entirely driven by the services sector, as Brexit negotiations have prioritised manufacturing - by Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson. ... Read more...
16 February 2019
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
Guy Michaels, of the London School of Economics, and Ferdinand Rauch, of the University of Oxford, studied the fortunes of Roman-era towns in Britain and ... [paywall] ... Read more...
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
The referendum result led to a 12 percent increase in foreign direct investment transactions from Britain into the EU between mid-2016 and September 2018, researchers from the London School of Economics' Centre for Econo... Read more...
Media reports suggest that some UK firms have started to move production abroad in anticipation of Brexit. Using data on announcements of new foreign investment transactions, this column reports evidence that the Brexit ... Read more...
Dennis Novy, one of the report's authors, told CNBC: "The economic risk of Brexit is larger on the UK side of the Channel.... Read more...
A study published this morning by the Centre for Economic Performance at the LSE dissects how foreign investment has changed behaviour since the referendum. According to the LSE researchers, UK firms appear to have star... Read more...
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
Are firms moving investment abroad because of Brexit? Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson (LSE) use a 'doppelganger method' to estimate how foreign direct investment would have evolved without... Read more...
A study conducted by academics from the London School of Economics' Centre for Economic Performance (CEP) looked into how the vote to leave the EU has affected outward investment by U.K. companies. ... Read more...
Mention of CEP report showing British firms investing outside of the UK because of Brexit. ... Read more...
10 February 2019
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
The UK needs a new era of policy activism with a 'future of good work' focus, write Christopher Pissarides, Anna Thomas and Josh De Lyon.... Read more...
06 February 2019
Klaus Desmet, David Krisztian Nagy, Dzhamilya Nigmatulina, Nathaniel Young The economic geography of transition economies has changed dramatically over the last quarter century, with large urban areas growing fast and ... Read more...
04 February 2019
Snippet: ...ther revolutionary thing called Brexit the EU has always been a unique experiment and shared sovereignty and no-one has ever tried to leave before well apart from Greenland sort of in 1985 Professor Swati Dhi... Read more...
The Centre for Economic Performance estimates that the long-term impact of no deal on Ireland is almost as bad as for the UK. But, locked inside the EU, it cannot subsidise industries or change tariff schedules and its c... Read more...
Ireland has a more intractable problem, however. The Centre for Economic Performance estimates that the long-term impact of no deal on Ireland is almost as bad as for the UK. But, locked inside the EU, it cannot subsidis... Read more...
02 February 2019
Almost all schools are thought to have some controls over mobile phone use. Some ban them outright and others restrict their use in lessons or during playtime. A 2015 study by the London School of Economics found that ba... Read more...
01 February 2019
These machines are defined by The International Federation of Robotics as "an automatically controlled, reprogrammable, and multipurpose [machine]" (IFR 2014; see also Graetz and Michaels, 2015). ... Read more...
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...
There are significant parallels between voting patterns for and against Brexit and the patterns in the 2016 and 2018 elections in this country. In a separate 2017 paper, "Who Voted For Brexit", Fetzer and two fellow ... Read more...
30 January 2019
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
"Lessons from this RCT will provide valuable insight into the most (a) effective and (b) cost-effective means of driving adoption of AI; whether education and convening is sufficient to drive adoption or whether a degree... Read more...
By Giulia Giupponi and Camille Landais Labour hoarding - the practice of retaining excess employees during a negative shock - could potentially help firms avoid re-hiring and training costs when economic conditions imp... Read more...
25 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...
The State of Working Britain blog is edited by Paul Gregg and Jonathan Wadsworth It may well be that we no longer care about estimating the number of immigrants in the UK (though this is doubtful). Government policy (at... Read more...
24 January 2019
A special report on Brexit and Pendle published by the London School of Economics this week reveals: "There is a clear consensus that if there was a second referendum held today, Pendle's vote would be the same or even m... Read more...
21 January 2019
The first is a strategy of reversal. This consists of interventions that aim to offset or compensate for the technological and market dynamics that cause cost disadvantages for value creation in left-behind places - plac... Read more...
Long term is worse. "Our best estimate is that GDP per capita will be 6.3 to 9.5 per cent per year lower than it would be if we were to remain in the EU," wrote John Van Reenen, today an economics professor at MIT. "At t... Read more...
18 January 2019
But economists at the LSE argue that Mr Minford made no allowance for differences in quality among the manufactured goods being considered (Economists for Brexit: A Critique, Thomas Sampson, Swati Dhingra, Gianmarco Otta... Read more...
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
Claiming that manufacturing is protected in the EU is far more contentious. Mr Minford makes his case by taking an OECD databank of the prices of manufactured products around the world. He adjusts them for transport and ... Read more...
Snippet: ... A new ESRI study shows smartphone ownership among children has a detrimental impact on their education. And a 2015 study by the Centre of Economic Performance at the London School of Economics found that aft... Read more...
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
A British study estimated the impact of public subsidies in regions in difficulty. If a gain for the job was found but the big companies, first beneficiaries, do not change their behavior, notes the professor of economy ... Read more...
14 January 2019
Research by London School of Economics professor Stephen Machin and Richard Murphy at The University of Texas at Austin revealed that by paying higher fees, international students in effect subsidise certain domestic stu... Read more...
09 January 2019
Thomas Sampson, a London School of Economics scholar, detects a wider global meaning in Brexit. "The period since world war II has been marked by growing economic and cultural globalisation and, in Europe, increasing pol... Read more...
08 January 2019
04 January 2019
Swati Dhingra, associate professor, LSE Slowdown like earlier, low GDP growth relative to other OECD countries. Dampening of investments. Hard to predict numbers here because short-term forecasts are not the most relia... Read more...
02 January 2019
19 December 2018
Alongside the new labour market rights, the government is also set to create a new single labour market enforcement body following a review by David Metcalf, the UK's first director of labour market enforcement, who re... Read more...
17 December 2018
Snippet: ... Build, build, build! Free exchange (November 24th) argued that there is more to high house prices in Britain than constrained supply. Well, yes, and no. The underlying cause of housing unaffordability is con... Read more...
15 December 2018
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
Recent political developments in the US and Europe have led to renewed interest in the large and persistent regional disparities which plague our societies. These disparities have been partly driven by a secular decline ... Read more...
11 December 2018
"Macron has acknowledged his past behavioural mistakes," said Philippe Aghion, an economist who advised him during his campaign but has judged him ... ... Read more...
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
Snippet: ...poll. Everyday dairy products such as butter, yoghurt and cheese could become luxury items in Britain after Brexit, with price rises being caused by the slightest delay in the journey from farm to ... Read more...
"We are in the transition period and the government has run into political economic problems," said Philippe Aghion, an economist at the prestigious College de France who advised Mr. Macron during his presidential campai... Read more...
07 December 2018
Parliament should vote down Theresa May's Brexit deal on Tuesday. John Van Reenen (MIT/LSE) writes that while the argument for remaining in the EU is fundamentally moral and political, and not economic, it is important f... Read more...
For any Brexiters holding out the hope the EU would come to the UK's rescue because it too has much to lose from not reaching a deal, an analysis this week from the Center for Economic Performance offers l... Read more...
03 December 2018
As the UK has sought to redefine its relationship with the EU and the rest of the world, a renewed focus on sustainable growth becomes more urgent, write James Rydge, Ralf Martin and Anna Valero.... Read more...
"We see a lost generation," said Swati Dhingra, an economist at the London School of Economics. "There was already wage stagnation and productivity stagnation. The trade war has exacerbated all of that."... Read more...
01 December 2018
Swati Dhingra discusses trade policy and Brexit. ... Read more...
30 November 2018
Both the deal on offer and trading on WTO terms would reduce UK living standards compared to staying in the EU, write Thomas Sampson and Swati Dhingra.... Read more...
29 November 2018
What will the economic impact of Theresa May's deal be? And how does it compare to the no-deal scenario?The LSE's Centre for Economic Performance, in association with The UK in a Changing Europe, has modelled both scenar... Read more...
We at The UK in a Changing Europe, working with the Centre for Economic Performance at the LSE and the Institute for Fiscal Studies, have reached similar findings, modelling specifically for how the prime minister's Brex... Read more...
You wait for months for an analysis of the economic impacts of Brexit, and then three come along at once. But, in contrast to the public perception that economists can't agree on even the most basic questions, like wheth... Read more...
28 November 2018
Experts at the Centre for Economic Performance at LSE, King's College London and the IFS also released research today on the economic and fiscal consequences of Brexit. They estimate that the Brexit deal negotiated by th... Read more...
27 November 2018
Research by the London School of Economics Centre for Economic Performance, King's College London and the Institute for Fiscal Studies added a no-deal Brexit could hit GDP by as much as 8.7%. ... Read more...
The economic consequences of the Brexit deal New research by experts at the Centre for Economic Performance at the London School of Economics, King's College London and the Institute for Fiscal Studies has modelled the e... Read more...
The economic modelling in the report covers trade and migration. For trade, researchers at LSE's entre for Economic Performance used a state-of-the-art model of global trade. They assumed that the deal means that the UK ... Read more...
Undertaken by a consortium of academics and think-tanks, from King's College London, the Centre for Economic Performance and the Institute for Fiscal Studies, the study was funded by the government's Economic and Social ... Read more...
The PM's Brexit deal could leave the economy as much as 5.5% smaller in a decade's time than it would be if the UK stayed in the EU, a study has said. And the cost to the public finances could be as much as 1.8% of GDP,... Read more...
Healthy Minds is a unique curriculum that redefines personal, social and health education in secondary schools. It aims to develop emotional resilience and self-efficacy in students. The London School of Economic and the... Read more...
The Brexit deal could leave the economy up to 5.5 per cent smaller in ten ... per cent, says the London School of Economics entre for Economic Performance, … ... Read more...
26 November 2018
Savings on the U.K.'s contributions to the EU budget would make up only a fraction of the potential damage to the economy, according to the joint paper by the Centre for Economic Performance and academic think tank The U... Read more...
The report, The economic consquences for the Brexit deal, was carried out by the Centre for Economic Performance at the London School of Economics, Kings College London and the Institute for Fiscal Studies (IFS). This co... Read more...
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...
The majority of businesses in the UK report that Brexit is a source of uncertainty. This column uses survey responses from around 3,000 businesses to evaluate the level and impact of this uncertainty. It finds that Brexi... Read more...
25 November 2018
The danger of nepotism Professor John Van Reenen of the Massachusetts Institute of Technology thinks nepotism is a key risk. A 2011 study authored by Reenen, with Nicholas Bloom and Raffaella Sadun, found that those fa... Read more...
22 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...
There is a rise of an innovative elite that is an engine of efficiency. Its members are companies that have mastered digital technologies and enjoy network effects that help them fend off slower competitors, says John Va... Read more...
15 November 2018
Evidence-based principles for local policymakers seeking to design an effective industrial strategy - by Henry Overman and Naomi Clayton. ... Read more...
Labour's move towards greater competition between hospitals where it was allowed may well have helped. Mortality rates for some illnesses appear to have declined faster where patient choice was expanded. CEP work cite... Read more...
14 November 2018
Nick Bloom on Brexit uncertainty. A survey of 3,000 companies, funded by the Bank of England, which notes "Brexit's importance as a source of uncertainty has risen further in recent months". Nick Bloom, said: "Le... Read more...
12 November 2018
John Van Reenen comments on whether executives in many industries are sold on the technical revolution. "There is a big debate on whether robots are really delivering on the productivity benefits they might promise." ... Read more...
09 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...
Swati Dhingra and Josh De Lyon on the realities of a No Deal Brexit More than two years after the referendum, there is still a possibility that the UK will fail to reach a withdrawal agreement and an agreem... Read more...
31 October 2018
The Centre for Economic Performance estimates that a "No-Deal WTO rules only" scenario would reduce the UK's trade with the EU by 40 per cent over ten years, bringing a fall in income per head of 2.6 per cent per... Read more...
25 October 2018
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
The second Fama Prize has been awarded to Joshua Angrist (Massachusetts Institute of Technology) and Jörn-Steffen (Steve) Pischke (London School of Economics) for their book Mostly Harmless Econometrics: ... Read more...
26 September 2018
Men are more likely to earn more after starting an apprenticeship than women, new research by the Centre for Vocational Education Research (CVER) shows. The research, published by academics at th... Read more...
07 September 2018
By Paul Cheshire With housing nothing seems to change. This is what I wrote in 1999: “Concerns [about rising house prices] focus on the short term symptoms but it is really a long term problem. The... Read more...
11 August 2018
The prize, sponsored by Wiley is worth £5,000 and is awarded annually for achievement in research by an outstanding early career economist. Associate Professor Mirko Draca was named by the British Ac... Read more...
09 August 2018
Authors: Gabriel Ahlfeldt (London School of Economics), Stephen Redding (Princeton University), Daniel Sturm (London School of Economics), Nikolaus Wolf (Humboldt University Berlin) The Berlin Wall provides... Read more...
Yet a new study from the Centre for Economic Performance (CEP), at the London School of Economics (LSE), suggests that the capital is £4.5 billion a year better off because of the raids. Dr Hans Koste... Read more...
06 August 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
Given that changes could come into force as soon as March 2019, businesses such as Arla Foods UK have been compelled to start contingency planning, analysing what effect these changes might have on its busines... Read more...
23 July 2018
The OECD estimated before the referendum that a WTO Brexit could cost the UK up to 5.1 percent of GDP over 15 years. A study by the London School of Economics estimated a 9.5 per cent hit. ... Read more...
20 July 2018
Non-tariff barriers alone after Brexit could raise the price of dairy products in the UK, which may become “luxuries”, warned a report on Thursday. A study by the London School of Economi... Read more...
19 July 2018
There is a “lack of self-awareness among lots of firms,” says John Van Reenen, professor of economics at the Massachusetts Institute of Technology. “Some think they are awesome. But they are ... Read more...
15 July 2018
Dr Swati Dhingra interviewed, talking about CEOs' meeting with President Trump and the importance of the trading relationship between the US and the UK, particularly given the prospect of a post-Brexit tra... Read more...
12 July 2018
09 July 2018
Article by Natalie Chen and Dennis Novy. Currency unions usually go hand in hand with deeper economic integration. But does that automatically mean more international trade? This column shows that since the en... Read more...
A detailed assessment of what the government must address in its Brexit white paper has been carried out by academic think tank The UK in a Changing Europe. The report – The Brexit w... Read more...
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
One problem in assessing the impact of management is that it is an amorphous and multifaceted category, including a variety of possible activities. This problem has been addressed by the work of economists lik... Read more...
07 July 2018
What makes cities thrive? Is it proximity to natural resources like rivers, oceans or energy reserves? Or does the cumulative effect of population increases stimulate waves of economic activity such as restaur... Read more...
02 July 2018
Proximity to a large plant plays an important role in the diffusion of knowledge and patent production, write Vincenzo Scrutinio, Christian Fons-Rosen and Katalin Szemeredi. ... Read more...
30 June 2018
2 years on from the UK’s referendum vote to leave the EU, substantial questions about the path to Brexit remain. In this special edition of Vox Talks, Tim Phillips talks to Swati Dhingra, Karl Whelan, an... Read more...
29 June 2018
The German bombing offensive brings lessons about worker density and zoning restrictions in London - and perhaps New York and Tokyo, write Gerard Dericks and Hans Koster. ... Read more...
25 June 2018
Many businesses “are going to think very hard before choosing the U.K. if they don’t know whether it will be part of the integrated market” of the European Union, said Thomas Sampson, a lectu... Read more...
22 June 2018
Article by Josh De Lyon, Elsa Leromain and Maria Molina-Domene: The Brexit debate is intense and continues to dominate the UK policy agenda. It concerns the entire population. The authors use Twitter dat... Read more...
21 June 2018
Article by Maria Molina-Domene: Reputation plays an important signalling role in an imperfect information world and companies endeavour to preserve it. In this study, I evaluate empirically the role of reputat... Read more...
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
The £15bn Crossrail will serve the Buckinghamshire village of Taplow, in the green belt, next year, yet no homes can be added there, noted Professor Paul Cheshire of the London School of Economics ... Read more...
10 June 2018
By sticking with the UK, the London School of Economics estimated Scotland will be £30bn worse off after Brexit, and the Bank of England reckoned incomes will be 900 a year less . ... Read more...
Dennis Novy gave a live TV interview o n Al Jazeera on the latest US/China/EU trade disputes. Dennis discussed the economic effects of tariffs on consumers, as well as the potential consequences for the i... Read more...
03 June 2018
Congratulations to Kilian Huber, Economics PhD and Job market candidate, who is among the Winners of the AQR Top Finance Graduate 2018 Award at the Copenhagen Business School! The award recognizes the mo... Read more...
Research productivity – measured by number of papers produced per head of population – also correlates reasonably strongly with economic development measures. So do enrolment levels in tertiary edu... Read more...
31 May 2018
In addition, a number of works conclude that robotization, unlike computerization, leads to a decrease in demand for low and increased demand for highly skilled labor, but not to a drop in demand for medium-sk... Read more...
30 May 2018
It should also be taken into account that different types of new technologies have different influences on routine occupations: computerization causes the death of routine intellectual activities (for example,... Read more...
As part of a larger ongoing study of inequality in America, researchers used patent data to focus on innovation. Among their findings, children from high-income families are 10 times as likely to become invent... Read more...
Parents seeking a school cellphone ban for grades five through eight also spoke in Open Forum. “I’m here representing 612 families … asking for reforms to the district’s middle school ... Read more...
Academics in the Surrey Business School at the University of Surrey have received a research grant from the Department of Health and Social Care to study causes of the gender pay gap in the medical profession.... Read more...
29 May 2018
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the single market our party will be abandoning workers in Aberdeen, Inverness and towns across Scotland.” Last year, a Londo... Read more...
Article by Swati Dhingra … Take Brexit, which involves Britain breaking from its largest trading partner, the European Union. The depreciation of sterling which followed the Brexit referendum is a... Read more...
A study conducted by researchers at Princeton University showed that a higher income increased the level of happiness, but only up to a salary of about $ 75,000 (or just under $ 70,000) a year. And after? Afte... Read more...
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...
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the Single Market our party will be abandoning workers in Aberdeen, Inverness and towns and cities across Scotland. That will be a... Read more...
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...
“If Jeremy Corbyn fails to back this and lets Theresa May drag us out of the Single Market our party will be abandoning workers in Aberdeen, Inverness and towns and cities across Scotland. That... Read more...
Addressing hardships requires both redistribution and regulation, writes Swati Dhingra of the London School of Economics Workers remain exposed to hardship from changes in their economic environment. Man... Read more...
28 May 2018
If we can prevent great suffering at no cost to ourselves, we ought to do so. That principle is widely accepted and difficult to dispute. Yet Western governments are neglecting an opportunity to reduce the gre... Read more...
27 May 2018
THE LUDICROUS customs partnership arrangement preferred by Remainers as a solution to the Ireland border post-Brexit has been torn apart by a London based think thank who have argued the plan is almost impossible to make... Read more...
THE LUDICROUS customs partnership arrangement preferred by Remainers as a solution to the Ireland border post-Brexit has been torn apart by a London based think thank who have argued the plan is almo... Read more...
Evidence was submitted to show that nearly all rich foreign investors and their families who came to the UK under the Tier 1 scheme lived in expensive houses, sent their children to public schools and used pri... Read more...
25 May 2018
Article by Guy Michaels and Ferdinand Rauch The world is urbanising rapidly (World Urbanization Prospects, the 2011 Revision). Some of its rapidly growing cities, however, seem to be misplaced. They are ... Read more...
24 May 2018
Article by Guy Michaels and Ferdinand Rauch The world is urbanising rapidly (World Urbanization Prospects, the 2011 Revision). Some of its rapidly growing cities, however, seem to be misplaced.... Read more...
Congratulations to Professor Daniel Sturm and his co-authors Dr Gabriel Ahlfeldt, Professor Steve Redding, and Professor Nikolaus Wolf for being awarded the 2018 Frisch Medal... Read more...
Recent studies show that scientific progress is decelerating and tends to stagnate on the whole. In the paper “Innovating Harder and Harder to Find?” published in March of this year, four economist... Read more...
You may not want to hear this: retirement is a new opportunity for work. There is a strong argument for abolishing the concept of retirement and thinking instead of finding a different kind of work to keep our... Read more...
Bloomberg News asked six market commentators to predict what they see happening next in London’s 1.8 trillion-pound ($2.4 trillion) housing market:… Rippling Out: Paul Cheshire, professor... Read more...
23 May 2018
In the 'Year of Engineering', engineering skills are taking centre stage and the Skills Commission inquiry, which is co-chaired by Lucy Allan MP, Preet Gill MP and Professor Sandra McNally, is taking e... Read more...
We must go back in time to grasp this issue, both economic and societal. According to researcher Nicholas Bloom, the profound technological and structural change that has transformed business operations in rec... Read more...
22 May 2018
A paper from the Center for Economic Performance at the London School of Economics estimated that Brexit could lead to a 22 percent fall in FDI over the next decade, causing a 3.4 percent decline in real incom... Read more...
It is important also to see digitalisation and robotisation as a distribution problem. There is evidence that digitalisation and its applications have had a different impact on the various segments of the labo... Read more...
21 May 2018
Letter from Richard Layard, Director, Wellbeing Programme, London School of Economics and Political Science: “We now have the knowledge to implement that approach. Much of it is found in the annual... Read more...
19 May 2018
Lord Richard Layard discusses the relation between happiness and mental health - can your financial status determine your happiness? The interview explores the battle to get money from the Government for child... Read more...
18 May 2018
3. Think that money gives happiness, but not always. The economist Richard Layard argued in his book Happiness: Lessons from a New Science, that a person should charge at least 20,000 gross euros a year to fee... Read more...
The Office for National Statistics report on well-being in 2017 follows research last week from the London School of Economics that linked being happy to having a job – suggesting Britain’s record ... Read more...
Those who work from home are more productive than people who work in an office, according to a new two-year study. The ground-breaking experiment, conducted by Stanford University professor Nicholas Bloom, sho... Read more...
Last year, the government appointed Sir David Metcalf to a newly created post: director of labour market enforcement. He published his first strategy last week, devoting a page to Leicester’s garment sec... Read more...
17 May 2018
Professor Nicholas Bloom led this research developed over two years on the basis of 500 workers of Ctrip, a technology securities company based in China. Ctrip has a payroll of approximately 16,000 employees. ... Read more...
Leaving the European Union is likely to reduce productivity in Britain as it will strengthen weaker companies while hurting the strongest, an economist has warned. Nicholas Bloom, a professor at Stanford Unive... Read more...
Swati Dhingra, Lecturer at the London School of Economics, adds that the UK might be more likely to lower agricultural tariffs than the EU was during TTIP. “Historically Europe has been more concerned wi... Read more...
16 May 2018
By Steve Gibbons The ‘Bedroom Tax’ – or ‘under occupancy penalty’ or ‘removal of the spare room subsidy’ as it has been called officially – is a highly contro... Read more...
A study conducted by Nicholas Bloom, an economics expert at Stanford University, showed that working from home increases the productivity of workers by up to 13 percent, and employees did not wear out as much.... Read more...
Economists Jeffrey Sachs, John Helliwell and Richard Layard pointed out several factors that affect the well-being of citizens, including GDP per capita, life expectancy, corruption and social support. However... Read more...
M-RCBG Associate Working Paper No. 89, Peter Sands, Ed Balls, Mehek Sethi, Eleanor Hallam, Sebastian Leape, Nyasha Weinberg, 2018. Paper interviewed and quotes Nikhil Datta, Swati Dhingra and Dennis Novy ... Read more...
15 May 2018
The welfare sector faces major financial challenges. One way to streamline public procurement is to introduce standardized agreements. It considers researchers Nima Sanandaji and Gabriel Heller Sahlgren. &n... Read more...
Sir David Metcalf was appointed in January 2017 to provide oversight and set strategic priorities for the government's three labour market enforcement agencies: the national minimum wage (NMW) enforcement ... Read more...
In his latest work ‘The Origin of Happiness’, British economist Richard Layard notes how relationships play a critical role. Globally, as incomes have risen, happiness has not. This is because of b... Read more...
Finland, a perennial chart-topper on global rankings of well-being and prosperity, has just been named the world’s happiest country in the World Happiness Report. Finns are not happy about the news. &hel... Read more...
14 May 2018
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...
Interview with Stephen Gibbons. “Did the bedroom tax or 'under-occupancy charge' actually work?” ... Read more...
The Treasury could also look to academia. Tenreyro sits on the board of the Womens’ Committee of the Royal Economic Society, where her colleagues include Bristol University’s Sarah Smith, Grace Lor... Read more...
In 2007 UNICEF wrote a report on children in the world’s richest 21 countries. Britain and US came bottom. Children in the EU were markedly happier. A Good Childhood by Richard Layard and Judy Dunn, exam... Read more...
…the key to happiness apparently really is holding down a stable job according to experts. All the economic indicators say high employment rate is most likely to correlate with greater happiness. ... Read more...
13 May 2018
THERESA May is to speed up the process of ending freedom of movement for EU citizens by bringing forward the date when the Government will publish its proposed new immigration rules. … Up un... Read more...
The LSE’s Josh de Lyon examines the models behind the competing analyses of the economic consequences of Brexit. Forecasts are not “useless” as some might claim, but the true effect is diffic... Read more...
That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb, entitled “Are Ideas Getting Harder to Find?” They... Read more...
By Philippe Aghion and Benedicte Berner French President Emmanuel Macron received plenty of praise in the international media for his recent speeches in Washington DC, and Brussels. But for the Fr... Read more...
Of all economic indicators, a high employment rate is most likely to correlate with greater happiness, according to researchers. The London School of Economics consulted 29 academics, of whom 24 agreed that em... Read more...
12 May 2018
Respondents weren’t asked why they rated themselves as they did. But the three economists who edited the report—Jeffrey Sachs of Columbia University in the US, John F. Helliwell of the Canadian Ins... Read more...
Health economists Zack Cooper, Stuart V. Craig, Martin Gaynor, and John Van Reenen recently released an updated version of an older paper analyzing variations in health-care pricing for privately ins... Read more...
10 May 2018
On a related note, health economists Zack Cooper, Stuart V. Craig, Martin Gaynor, and John Van Reenen recently released an updated version of an older paper analyzing variations in health-care pricin... Read more...
Article by Sandra McNally Engineering is an area that’s historically been dominated by men. Sandra McNally is leading an inquiry into how to massively widen women’s participation in this vital a... Read more...
Economists Scott Baker, Nicholas Bloom and Steven Davis —authors of the study that measured Depression-era uncertainty—have found that economic uncertainty related to trade this March was more than... Read more...
Article by Stephen Machin. As Director of the Centre for Economic Performance (CEP) at LSE, I am delighted that the Centre has been named as one of the two inaugural ESRC Research Institutes. This is tes... Read more...
Companies whose suppliers fail to pay the minimum wage or curb holiday pay could be named and shamed under a new regime proposed by the government’s workers’ rights tsar. In his first annual full s... Read more...
09 May 2018
Mention of LSE research on the cost of a no-deal Brexit. Click to open ... Read more...
We’ve known for decades now that there is widespread variation in what different hospitals charge for the same medical procedures. Study after study confirms this finding (one of my favorite studies show... Read more...
Although telecommuting is not yet universal, its adoption by technology giants and startups is very telling. Accordingly, many perks account for the meteoric rise of this nascent shift. On the employees’... Read more...
The record-breaking bank holiday heatwave was perfectly timed to boost Britain’s economy after a decidedly cool start to the year, experts said yesterday. Economists suggested that the hot spell wa... Read more...
Article by Philippe Aghion and Beneficte Berner: French President Emmanuel Macron was elected with a clear mandate to reform the French economy, and he has not hesitated to target politically sensit... Read more...
08 May 2018
Firms which exploit staff could face higher financial penalties and increased risk of prosecution under recommendations to the government. A report by a government-backed body has made 37 recommendations in... Read more...
This is hardly a fringe view. Economists Christian Hilber and Wouter Vermeulen point out that house prices would be 35 per cent lower if the most restrictive parts of the country (the South-East) were merely a... Read more...
It is widely known that the Protestant Reformation, which was launched by popular reformers like Martin Luther and John Calvin in the 16th century, brought about an abrupt end to the massive and unquestioned p... Read more...
The Economist's Soumaya Keynes continues her quest to find out why the study of economics is so dominated by men. Does that affect the kind of economics we get, and why does that matter? In her second prog... Read more...
A little over a decade ago, a new government in the United Kingdom issued a report recommending that early reading instruction include phonics. What has been the impact of that change in approach to teaching r... Read more...
07 May 2018
The annual American Economic Journal (AEJ) Best Paper Award highlights the best paper published in each of the American Economic Journals: Applied Economics, Economic Policy, Macroeconomics, and Microeconomics... Read more...
What is the UK productivity puzzle? Ten years on from the Global Crisis, productivity growth in the UK lags behind that in economies such as France and Germany. Giordano Mion shares his work on why this &lsquo... Read more...
Since Trump was elected president, many measures of policy uncertainty have jumped. Take the widely used monthly U.S. Policy Uncertainty Index created by the economists Scott Baker, Nicholas Bloom, and Steven ... Read more...
The 2017 United Nations World Happiness Report shows U.S. happiness at its lowest point since 2006 according to Forbes magazine, ranking 14th in the world. Columbia University economist Jeffery Sachs authored ... Read more...
04 May 2018
Economic publications show that these effects would have a strong impact on the level of macroeconomic equilibrium and consequently on that of structural unemployment. A recent article by Luis Garicano, Claire... Read more...
An interview with John Van Reenen of MIT. The Economist: At its most basic level, what is free trade? John Van Reenen: Free trade means allowing good and services to move as freely as possible across dif... Read more...
A conference at Cambridge Judge marked the 25th anniversary of the European Union’s single market, in advance of a special issue of the Review of Industrial Organisation journal. There has been much prog... Read more...
03 May 2018
America’s patents and research spending have soared alongside its trade deficit with China. Article in the Economist refers to the research paper ‘ Related publications Trade Induced Te... Read more...
"Whilst automation appears to be increasing the demand for high-skilled, high-income employees, its impact on low-skilled, low income employment is less clear," wrote the IFR. "Wage stagnation a... Read more...
Research from two economists, published in a working paper by the London School of Economics Centre for Economic Performance, notes that certain populations — such as working parents — may be even ... Read more...
02 May 2018
Pointing out the weaknesses of the small business, Professor Nicholas Bloom and his colleagues developed a survey instrument for measuring business quality. According to the Vietnam Chamber of Commerce and Ind... Read more...
More industries have embraced remote positions in response to the desires of an evolving workforce, with a study by Stanford professor Nicholas Bloom finding that working remotely was directly tied to increase... Read more...
The scary idea is that easy-to-discover technology is a finite, exhaustible resource. … That daunting prospect has received some support from a new paper by economists Nicholas Bloom, Charles I. Jones, ... Read more...
Further bolstering its case, the IFR release called out a recently published London School of Economics (LSE) study entitled Robots at Work. Examining the use of industrial robots in 17 developed economies bet... Read more...
30 April 2018
To live happily, it is better to love the long snowy winters. This is confirmed by the latest World Happiness Report, written at the request of the United Nations by economists John Helliwell, Richard Layard a... Read more...
One study suggests incompetent managers are at the root of poor performance issues in UK offices, with 96% of the 800 HR professionals surveyed citing performance management as a problem at their organisation.... Read more...
We grew up thinking that the school grades reflect our learning. But, a few weeks ago the high school Manuel de Salas made the decision to eradicate them in first and second basic. Something revolutionary in C... Read more...
29 April 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...
Professor Menon from KCL referenced LSE research in his appearance before the Lords EU Sub-Cttee looking at Brexit and the value of the Commons Security and Defense Policy (CSDP) missions to the UK's forei... Read more...
27 April 2018
In a one-off session on the economic effects of trade policy Angus MacNeil (SNP), Chair of the International Trade Cttee, referenced a recent LSE blog which suggested that there was a consensus between leading... Read more...
Article by Thomas Sampson. The full economic impacts of Brexit will not materialise for many years. But 21 months after the UK voted to leave the EU, we can assess how the Brexit vote has begun to affect... Read more...
SDLP rural affairs spokesman Patsy McGlone MLA has said that the labour struggle that farmers could face after the UK leaves the EU emphasises the “havoc” that Brexit will bring. The chairman of th... Read more...
In March, the FCA launched a cryptocurrency task force with the Bank of England to explore how to regulate and control the cryptocurrency sector. It planned to release an analytical report on cryptocurrencies ... Read more...
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...
As urban traffic gets more and more jammed, housing prices in urban centers are getting higher and higher, commuting distances are getting longer and longer, and professional women have family burns in their h... Read more...
26 April 2018
Scholars from the London School of Economics and Political Science found cellphone bans in classrooms had a neutral effect on high achievers, but had a positive impact on low-achieving students. ... Read more...
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 emerged from the pages of sc... Read more...
25 April 2018
But beyond just the numbers, the onset of globalization and its impact on international finance and global commerce has forced American business schools to seek new ways to burnish their “international&r... Read more...
Good mental health and having a partner make people happier than doubling their income, a new study has found. The research by the London School of Economics looked at responses from 200,000 people o... Read more...
24 April 2018
"The management of the company was a bit pessimistic," says researcher Nicholas Bloom in a Ted Talk about the research. "They expected the homeworkers to go to bed.&nb... Read more...
23 April 2018
One notable study was conducted in 2015 by Stanford University researcher Nicholas Bloom, who wanted to test whether the belief that workers slack off more when working from home was valid. Bloom and his crew ... Read more...
22 April 2018
Alan Manning, chairman of the Migration Advisory Committee said farming, food processing, hospitality and warehousing were all likely to struggle to attract enough workers after the UK leaves the EU in March 2... Read more...
The World Happiness Report has been published every year since 2012, giving countries important data about the well-being of their people and how it compares to other nations’. One of the prima... Read more...
20 April 2018
The Barclays issue is seen by commentators as a critical test of the FCA’s Senior Managers and Certification Regime, which requires officials to be directly accountable for misconduct on their watch. It ... Read more...
And academics at the Centre for Economic Performance at LSE looked at the relationship between marginal seats and hospital closures between 1997 and 2005. They found “Marginality…has a significant... Read more...
19 April 2018
The London School of Economics (LSE) recently published a study entitled Robots at Work on the use of industrial robots in 17 developed economies between 1993 and 2007. LSE head of research, Guy Michaels, summ... Read more...
Professor Alan Manning (CEP/LSE) gave evidence to the Home Affairs Parliamentary Committee regarding the post-Brexit migration policy. ... Read more...
18 April 2018
Speaking to the Home Affairs Committee, Prof Alan Manning said the new immigration system would hit lower skilled immigration, leading to difficulties for the industries reliant upon it. Also in: The Sun... Read more...
BOSTON--(BUSINESS WIRE)--Organizations need competent management just as much as they need analytical brilliance, argue the winners of this year’s HBR McKinsey Award, which honors the best Harvard Busine... Read more...
17 April 2018
According to research in 2014 by the London School of Economics, wind farms can cut as much as 12 percent off the value of homes within a 2 kilometer radius, reducing property values as far as 14 kilometers aw... Read more...
Smartphone disruption is an issue in schools too. A study by the University of Texas has suggested that just having a smartphone within eyeshot can reduce productivity, slow down response speed and reduce grad... Read more...
Mautz cites a two-year study conducted by Stanford economics professor Nicholas Bloom, where 250 of 500 employees from China-based travel agency Ctrip volunteered to work from home. Then, over the 24 months, t... Read more...
Harvard Business School associate professor Raffaella Sadun and coauthors Nicholas Bloom of Stanford University and John Van Reenen of MIT have been named the first-place winners of the 59th Annual HBR McKinse... Read more...
7. Focus on Thursday: Even if you’re no longer working Monday to Friday, that weekend feeling still affects you. But, surprisingly, it’s not in fact Friday that boosts people’s moods th... Read more...
SWINDON, United Kingdom – The Economic and Social Research Council(ESRC) has announced that the Centre for Economic Performance (CEP), the Enterprise Research Centre (ERC), the What Works Centre for Loca... Read more...
16 April 2018
The Economic and Social Research Council is delighted to announce that the Centre for Economic Performance (CEP), the Enterprise Research Centre (ERC), the What Works Centre for Local Economic Growth Centre (L... Read more...
According to the authors of the report, John F. Helliwell, Richard Layard and Jeffrey D. Sachs, there is a characteristic of Latin Americans that makes them different. "Unusually happy." Th... Read more...
15 April 2018
Bhutan refers to gross national happiness; in Switzerland, 25 complementary indicators to GDP have been selected. The "economists of happiness" (such as Richard Layard of the London School of Economi... Read more...
Pawel Bukowski (LSE) about the research presented at the IBS seminar “(Un)equal wages, incomes and wealth in Poland?” (Warsaw, 23/10/2017). ... Read more...
12 April 2018
Nudge-u-cation: Can behavioural science boost education and social mobility? Pro Bono Economics' Annual Lecture featuring Dr David Halpern, Professor Sandra McNally and Chris Brown. Over the last decade, g... Read more...
11 April 2018
When the LSE economist Richard Layard wrote a book on happiness research and its policy areas in 2005, he gained strong reactions, especially from the right side. Some of the criticisms were justified: Uncriti... Read more...
Oil-rich counties were more likely to contribute funds to build schools and hire more teachers for rural black children, writes Stephan Maurer. In a recent study, I analyse how local oil booms in the Southern ... Read more...
A team of researchers at London's Centre for Economic Performance employed 800 volunteers to analyse athletes' faces as they stood on the medal podiums during the London Games, in order to assess their... Read more...
10 April 2018
Article by Giuseppe Berlingieri, Sara Calligaris, Stefano Costa e Chiara Criscuolo. In Italy, medium-large and large companies are productive and competitive. The problem is that they are few compared to... Read more...
Relocation is one successful example of public sector jobs boosting private sector activity, write Giulia Faggio, Teresa Schlüter and Philipp vom Berge. In a recent SERC discussion paper, we study t... Read more...
09 April 2018
Today for the first time, the Economic and Social Research Council (ESRC) is to recognise its global centres of excellence with official ESRC Research Institute status. The move acknowledg... Read more...
Once again, I’m brooding over science’s limits. I recently posted Q&As with three physicists with strong opinions on the topic--David Deutsch, Marcelo Gleiser and Martin Rees--as well as this c... Read more...
07 April 2018
Article by Thomas Sampson. The full economic consequences of Brexit will not be realised for many years. But 21 months after the referendum, we can start to assess how the Brexit vote ha... Read more...
05 April 2018
There is a very interesting study made by the Economic Research Center of London, directed by George Graetz and Guy Michaels, which shows that between 1993 and 2007 in the United States the number of robots in... Read more...
02 April 2018
Jordi Blanes i Vidal, a professor at the London School of Economics, said such a system would work best in areas such as sales where there are clear markers of performance. He said: 'But in s... Read more...
01 April 2018
"There is no consensus on how robotics will affect the creation or destruction of employment, some studies are optimistic and others are not," Professor Guy Michaels of the London School of Economics... Read more...
Article by Nicholas Bloom, Aprajit Mahajan, David McKenzie and John Roberts. In our recent research, we examine the persistence of an intensive management intervention carried out in India (Bloom et ... Read more...
29 March 2018
…Ex-Tory Cabinet Minister Chris Patten said he was a “caricature” with no idea about trade deals. Brexit may cost us £1,700 a year each, says the London School of Economics. ... Read more...
28 March 2018
Cointelegraph reached out to MIT Professor of Economics John van Reenen OBE to give his take on the move by the British Treasury and the touted cryptocurrency taskforce. The renowned economist painted a slight... Read more...
British businesses want unrestricted access to European workers to continue after Brexit, describing them as better qualified and more motivated than their UK counterparts. The findings came in an interim repo... Read more...
27 March 2018
Disruption to trade caused by Brexit could cost the average Briton as much as £1,700 a year, with Remain-backing areas bearing the brunt, a report has claimed. The research suggested many of the worst-af... Read more...
Unveiling the report, the Migration Advisory Committee’s chairman, Professor Alan Manning said that recommendations on the post-Brexit immigration system would be published in the autumn. These would be ... Read more...
Lord Layard comments on the funding of the NHS. ... Read more...
26 March 2018
This study is an initiative of the Network of Solutions for Sustainable Development of the United Nations. The research was conducted by John Helliwell, researcher and professor at the Vancouver School of Econ... Read more...
The UN Sustainable Development Solutions Network has published a World Happiness Report annually since 2012. This year’s report has been widely reported, because Taiwan is ranked as the 26th-happiest nat... Read more...
In this year’s annual ranking of the happiest countries in the world, Israel placed an enviable 11th. According to the ranking’s sponsor, the United Nations Sustainable Development Solutions Networ... Read more...
24 March 2018
22 March 2018
The creators of NEUARBEITEN explain why working from home in this country is still a niche topic and how it can still benefit employees and employers. … Home office offers employees one thing above all:... Read more...
Snippet: ...tests in the third year of primary school are many times more likely than the other 95% to file patents in later life. But the likelihood is still much greater among smart kids from rich families. ... Read more...
Robots are set to steal lawyers’ jobs. Experts predict artificial intelligence breakthroughs mean machines will soon sift through legal paperwork and other complex documents at ultra high speed. Prof Guy... Read more...
The United Nations "sustainable development solutions" have been published every year since 2012. Each year, the "World Happiness Report" rankings are announced. The 2018 ranking announced ... Read more...
21 March 2018
The report, produced by the United Nations SDSN network and the Ernesto Illy Foundation, is edited by prof. John F. Helliwell (University of British Columbia and Canadian Advanced Research Institute), by prof.... Read more...
20 March 2018
The 2018 Italian election had a notable geographic split in voting behaviour, with Lega having more support in the north of the country and the Five Star Movement proving more successful in the south. Monica L... Read more...
Homeowners and people nearby benefit, though the implications for society are less clear, writes Gabriel Ahlfeldt. Opinions on conservation areas are split. Proponents would argue that conservation areas... Read more...
Research finds that there's a strong case for providing apprenticeship to young people, write Chiara Cavaglia, Sandra McNally and Guglielmo Ventura. Is there an earnings differential for starting an ... Read more...
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...
The telegraph was the Victorian equivalent of today’s ‘big data’, helping firms to forecast future demand, writes Claudia Steinwender. How do exporters gather information about overseas... Read more...
Meanwhile, ever-more think tank-like units are rolling out of universities—such as the LSE’s Centre for Economic Performance and the UK in a Changing Europe, which is co-ordinated through King&rsqu... Read more...
19 March 2018
Miami – World Happiness Summit 2018 welcomed peope from over 35 countries and 43 US states to the campus of the University of Miami yesterday….The three-day event opened with lakeside yoga at dawn... Read more...
17 March 2018
The UN’s 2018 Happiness Report shows that Israel is the eleventh-happiest country in the world, surpassing the United States and the UK. Related publications World Happiness Report 2018, John F. He... Read more...
16 March 2018
The World Happiness Report 2018, ranks 156 countries by their happiness levels, and 117 countries by the happiness of their immigrants. This year, Singapore is ranked 34th, a drop from 2017's ranking of 26... Read more...
African nations overall don’t rank well in the new World Happiness Report, but there are a few surprises – and, of course, it likely depends on how happiness is defined. Also in: Th... Read more...
15 March 2018
Happy are the people of the Nordic nations — happier, in fact, than anyone else in the world. And the overall happiness of a country is almost identical to the happiness of its immigrants. Those are the ... Read more...
14 March 2018
In this blog, Josh De Lyon (LSE’s Centre for Economic Performance) discusses some of the concerns with the economic forecasts of the effects of Brexit and suggests that the available reports are inf... Read more...
13 March 2018
Free Higher Ed wouldn't enhance equity: students are disproportionately from high-income households, write Ghazala Azmat and Stefania Simion. ... Read more...
12 March 2018
Article by Giuseppe Berlingieri, Holger Breinlich and Swati Dhingra: There has been a surge in the number of trade agreements over the past two decades. This column investigates the impact of trade agree... Read more...
The philosophy of BISP recognises that a core purpose of formal education is to enable our students to lead “quality lives”. In that context, it is worth reflecting on research quoted in the World ... Read more...
11 March 2018
Plausibility of the idea is a matter of debate. Branko Milanovic, a scholar on income inequality, and Dean Baker, an economist at the Center for Economic and Policy Research, believe the plan is realistic give... Read more...
07 March 2018
In the age of the "Digital Revolution" industrial and service robots are repeatedly breaking new sales records. The British government has recently announced that millions will be spent on artificial... 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...
Even customs duties, which will help US companies in the short term, can be detrimental in the long run. This protection of the domestic market can lead to a decline in qualitative competitiveness. In this con... Read more...
06 March 2018
Barbara Petrongolo, professor of economics at Queen Mary University of London, notes that the impact of parenthood differs from sector to sector. The worst-hit professions are those “that reward continuo... Read more...
Using tariffs to restore American competitiveness could easily backfire. If U.S. companies can hunker behind trade barriers and sell to a captive market, many will lose their edge. Research by economists Nicho... Read more...
05 March 2018
Article by Jeffrey Sachs The Global Happiness Council, which I am honoured to direct on behalf of the United Arab Emirates, has just issued the first Global Happiness Policy Report (GHPR) as a companion vol... Read more...
A 2017 University of Texas study found that simply having a smartphone within one’s view can reduce productivity, response speeds and grades. The results of another study , by the London School of Econom... Read more...
Brussels is anxious that Britain's exit from the Customs Union will be a step back in terms of free trade. "If you're in, you're in", said Thomas Sampson, an expert in global trade at the... Read more...
03 March 2018
(London) "I do not see how the proposals of Prime Minister Theresa May can be accepted by the European Union". Word of Holger Breinlich, economist, lecturer at the "London School of Economics&qu... Read more...
02 March 2018
That’s helped to boost growth and employment, but now it means that regions like the north east are vulnerable to any increase in barriers to trade, as demonstrated by recent research at the University o... Read more...
New research reports from the Centre for Economic Performance (CEP) at the London School of Economics are highlighted in the Spring 2018 CentrePiece magazine. Among the findings: APPRENTICESH... Read more...
01 March 2018
Ahead of National Apprenticeship Week, members of the House of Lords demanded an explanation for the alarming drop in apprenticeship starts following the introduction of the levy. Members of the House of Lords... Read more...
All in the Family? CEO Choice and Firm Organization, by the Centre for Economic Performance at the London School of Economics, is the first study showing a causal link between dynastic family firms and poorer ... Read more...
As March 2019 draws closer, the UK government remains divided over the type of trade relationship it wants to achieve in the ongoing negotiations with the EU. Paola Conconi (ULB/LSE) explains why Japanese... Read more...
28 February 2018
The survey was made by Gabriel Heller-Sahlgren, London School of Economics and the Institute of Business Research. Teachers in independent primary schools, and especially in company-owned independent school... Read more...
Researchers at University of Texas last year claimed that smartphones could negatively affect attention span by just being in someone’s line of sight. Another study, conducted by the London School of Eco... Read more...
Dr Hilary Steedman, senior research fellow at the Centre for Economic Performance, described the fall in starts as “worrying, but not surprising”, and called on the government to abandon its target... Read more...
The problem for hard-line Brexiteers is that the European customs union dictates that all trade deals between the bloc and the outside world are negotiated by the European Union, not the individual member stat... Read more...
27 February 2018
Guy Michaels interviewed live during a conversation about the impact of robots and technology on productivity in the UK. ... Read more...
The problem for hard-line Brexiteers is that the European customs union dictates that all trade deals between the bloc and the outside world be negotiated by the European Union, not the individual member state... Read more...
26 February 2018
The share of start-ups in employment in the United States has been declining since 1980. This is in line with that of David Autor and his coauthors on the rise of superstars, David Autor, David Dorn, Lawrence ... Read more...
24 February 2018
The Centre for Vocational Educational Research had its mid-term review at the beginning of this year. After an initial £3 million grant from the Department for Education in May 2015, and there had been s... Read more...
“Money can’t buy me love,” sang The Beatles, although it is doubtful that this was a rigorous empirical claim. Still, nobody disputes that there’s more to life than money and a new book... Read more...
23 February 2018
Lord Richard Layard, program director of the Center for Economic Performance of the London School of Economics and co-editor of the World Happiness Report, Mo Gawdat and Gopi Kallayil, Google executives, Allis... Read more...
Article by Laurent Bouton, Paola Conconi, Francisco Pino, Maurizio Zanardi This column on the “gun-control paradox”—the fact that gun regulations continually fail in the US Congress d... Read more...
22 February 2018
In this regard, scholars such as Erik Brynjolffson, Lorin Hitt, Nick Bloom, and John Van Reenen have all shown that computers by themselves don't unleash rapid productivity growth; rather, it takes new bus... Read more...
21 February 2018
The Stanford professor and economist Nicholas Bloom brought up the potential for fraud, adding that government enforcement would be difficult. ... Read more...
Professor of Economics Stephen Wu was recently invited to become a member of an expert panel on wellbeing. A research program of the London School of Economics and Political Science Centre for Economic Perform... Read more...
20 February 2018
Theresa May and her senior ministers try to come to an agreement over the government's approach to Brexit, in the latest of a series of meetings on the UK’s future relationship with the EU. As part o... Read more...
19 February 2018
This is potentially consistent with a story where the jobs that have been easiest to automate are middle-class-ish. Some jobs require extremely basic human talents that machines can’t yet match – l... Read more...
MOBILE phones in schools should be banned because they pose a much graver risk to children's education than previously considered, the author of a flagship report on their use says. Increasing phone ... Read more...
18 February 2018
A speed camera critic is challenging academics over new research suggesting that fixed speed cameras have reduced killed and serious injuries. A London School of Economics research paper published last O... Read more...
16 February 2018
Extreme polarisation is not persistent over time; people are more likely to react to specific events or news, writes Maria Molina-Domene. Social media facilitates communication and an appealing question i... Read more...
Jonathan Wadsworth CEP research on immigration mentioned in the weeks news via BBC's 'The Mash Report'. ... Read more...
15 February 2018
When we consider these findings in light of research published last July by Centre for Cities and the Centre for Economic Performance – which suggested that Aberdeen's economy would be hit harder tha... Read more...
In a paper he signed with John Van Reenen, Neviana Petkova, Xavier Jaravel and Alex Bell it was discovered that people with parents who are among the richest 1% of the United States are ten times more likely t... Read more...
14 February 2018
Dominique Steiler, professor of management, proposes in a tribune to the "World" to break with the paradigm of the hyper-competitiveness and the economic war to make the company a factor of individua... Read more...
DUBAI: Professor Jeffrey Sachs, renowned economist and Chair of the World Happiness Council, has led a plenary session to discuss the findings of the first Global Happiness Policy Report on the opening day of ... Read more...
13 February 2018
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
Article by by Xavier Jaravel, Raj Chetty, John Van Reenen and Alexander Bell A new analysis shows how much the socioeconomic status of a student's family influences whether he becomes an inventor a... Read more...
11 February 2018
Last week’s highlights - Assessing the impact assessments - Almost all of the interesting results you get out of modelling Brexit are down to the judgments and assumptions you put in, said Robert Chote, ... Read more...
Other studies have come to similar conclusions. In 2015 researchers at the London School of Economics studied results at 91 secondary schools in London, Birmingham, Manchester and Leicester that banned mobile ... Read more...
10 February 2018
Within the manufacturing industry, high levels of productivity would not be possible without the introduction of automation. A typical automotive manufacturer simply could not keep up with the demand for volum... Read more...
09 February 2018
Anna Valero gave a live interview on UK productivity. ... Read more...
Business groups rule the global economy. Data show that about 70% of the global international trade is linked to multinational groups and about a third is linked to companies belonging to the same multinationa... Read more...
Moreover, when we consider these findings in light of research published last July by Centre for Cities and the Centre for Economic Performance, which suggested that Aberdeen’s economy would be hit harde... Read more...
08 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...
With technology such as mobile phones in some classrooms increasing distractions, the ability to improve self-control and delayed gratification has become a particularly important skill. Perhaps it’s not... Read more...
While Caplan dismisses the possibility that universities offer society any real economic benefit, data shows otherwise. After studying new data from UNESCO’S World Higher Education Database, covering 15,... Read more...
06 February 2018
Related publications Locus of Control and its Intergenerational Implications for Early Childhood Skill Formation (pages 298-329) The Economic Journal Volume 128, Issue 608, February 2018 Warn N. Lekf... Read more...
05 February 2018
DOI: 10.1111/ecoj.12429 Related publications Distinctively Different: A New Approach to Valuing Architectural Amenities Gabriel M. Ahlfeldt and Nancy Holman, SERC Discussion Paper No.171, Febru... Read more...
DOI: 10.1111/ecoj.12424 ... Read more...
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...
Many long-term studies of well-being show that people actually get happier as they age. (This lends credence, Setiya suggests, to Aristotle’s view that we grow into a “prime of life,” w... Read more...
03 February 2018
A decade ago, economists at Berkeley, Stanford and the World Bank conducted a randomised trial in which the bank paid for some textile factories in Mumbai to receive consulting advice from a global company. Th... Read more...
02 February 2018
To sustain economic growth, the United States must double its overall research effort every 13 years. That’s because it is taking an increasing amount of effort to generate enough ideas to power the econ... Read more...
Researchers at the ESRC Centre for Economic Performance have explored the impact of stamp duty on different types of mobility, by comparing mobility rates of otherwise similar homeowners with self-assessed hou... Read more...
01 February 2018
An authoritative report last year by a team under MIT trade expert John Van Reenen for the Centre for Economic Performance estimated that a WTO option would cut British living standards by 2.7pc over time... Read more...
Swati Dhingra has been awared a European Research Council Starting Grant for the BIGlobal project, which will examine the sources of firm growth and market power to provide new insights into welfare and policy... Read more...
The green belt is associated in most people’s minds with England’s “green and pleasant land” immortalised by William Blake in his poem Jerusalem. But according to Paul Cheshire, profess... Read more...
"Migrants are more likely, on average, to be self-employed and to start up companies." Max Nathan of CEP's Urban Programme interviewed for the documentary made by Wired in partnership with the Mu... Read more...
31 January 2018
Briefing note prepared for the World Economic Forum Annual Meeting in Davos, Switzerland Concerns about automation’s impact add to the climate of mistrust. In the European public debate over automatio... 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
Snippet: ... to answer Facebook calls, to answer Facebook messages.' She added that the gadgets are having a negative impact on the children's ability to concentrate in class, a key finding of recent r... Read more...
29 January 2018
Rankings inform the world who is the biggest, the richest, the happiest, the saddest, the most powerful or the most successful. In the 1990s, Stephen Nickell at the Centre for Economic Performance in the Londo... Read more...
28 January 2018
The intervention in the Brexit debate by the Confederation of British Industry (CBI) this week, coming out in support of Britain remaining in a customs union, is timely. ... The idea that a UK free to negotiat... Read more...
26 January 2018
…nearly six years. The Centre for Economic Performance says that the vote has cost the … ... Read more...
25 January 2018
...Our first finding is that there are large differences in innovation rates by socioeconomic class, race and gender. Using new de-identified data that allows us to track 1.2 million inventors from birth to ad... Read more...
24 January 2018
Article by Xavier Jaravel, Raj Chetty, John Van Reenen and Alexander Bell A new analysis shows how family background influences who grows up to invent. The key to turning things around? Expose kids to more ... Read more...
What is clear is that the thinking on Conservative benches is in sharp contrast to the consensus amongst professional economists. Here, we find a different logic entirely. Leaving the single market and the cus... Read more...
22 January 2018
One of the researchers, John Van Reenen, a professor of management and economics at the Massachusetts Institute of Technology, told this reporter that the study found that the childhood environment was a key f... Read more...
The prospect of this book did make me happy. The idea that a group of well-respected, eminent economists would be making the case that government should focus its efforts on increasing the happiness ... Read more...
Schools and individual teachers have a huge effect on the happiness of their children. Indeed, the school that children attend affects their happiness nearly as much as it affects their academic performance. W... Read more...
With the UK due to leave the EU at 11pm on 29 March 2019, countries on both sides of the channel are figuring out what Brexit will mean for their economies. We speak to Panmure Gordon’s David B... Read more...
19 January 2018
The most successful companies are run by CEOs who have one “critically important” trait in common: They pay attention to detail. “They’re unbelievably detail-oriented,” says... Read more...
Swati Dhingra and John Morrow discuss Efficiency in Large markets with Firm Heterogeneity. ABSTRACT: Empirical work has drawn attention to the high degree of productivity differences within industries, an... Read more...
18 January 2018
Stanford economist Nicholas Bloom and his cohort analyzed the federal revenue data from the late 1970s to 2013 and found that the gap has shrunk to 20%. Professor Bloom said: "The big pay has existed for ... Read more...
Article by John Van Reenen A 15-year survey of 12,000 firms across 34 countries shows that management practices explain a large share of productivity gaps. Income differences between rich and poor countries... Read more...
Research shows the first causal evidence that dynastic family firms have worse management practices, writes Daniela Scur We push the literature forward in two main ways: first, we show the first causal evid... Read more...
Today on Freakonomics Radio, we’re launching “The Secret Life of C.E.O.’s,” a special series that’ll get inside the minds of these rare and rarified creatures. Some of the questio... Read more...
17 January 2018
A recent British study by the Centre for Economic Performance compared student results across schools based on cellphone-use policies and concluded, "Schools that restrict access to mobile phone... Read more...
Article by Henry Overman With all British cities likely to see a fall in economic output as a result of Brexit, thoughts are turning to the policies needed to help local economies adjust to the challenges a... Read more...
16 January 2018
Trovato il segreto della felicita per I bambini di oggi: parola di esparto/Found the secret of happiness for today's children: word of esparto After investigating the factors that in a person's life... Read more...
Type: Broadcast Mention of LSE report which said that Aberdeen would be the UK city worst hit by a hard Brexit. ... Read more...
15 January 2018
Students scored almost seven percent higher following strict phone bans at school, according to a 2015 study published by the Center for Economic Performance at the London School of Economics. ... Read more...
Mention of LSE report which found Aberdeen would be worst hit by a hard Brexit. ... Read more...
A study conducted in 2013 by Nicholas Bloom, professor of economics at Stanford University, and graduate student James Liang, who is a co-founder of Chinese travel website Ctrip, proved that working at home in... Read more...
The first criticism of Ms Greening was that she was insufficiently radical in pursuing structural reform — more academies, free schools and grammar schools. Research by the LSE, the Education Policy Inst... Read more...
14 January 2018
Guildford: University of Surrey, of United Kingdom has issued the following news release: Researchers from the University of Surrey, Dr Jo Blanden and Professor Sandra McNally, and University College London, D... Read more...
13 January 2018
A 2016 analysis by Stephen Machin and his colleagues at the London School of Economics found that the new phonics mandates were associated with only modest improvements in reading scores by the age of 5, and t... Read more...
12 January 2018
Authors of a comprehensive study on Early Childhood Education and Care (ECEC) funded by the Nuffield Foundation have called on the Secretary of State for Education to focus on improving the quality of the free... Read more...
11 January 2018
Snippet: ... there has been a study by the London School of Economics which found where mobiles were banned test scores improved. Richard Murphy, one of the authors, is interviewed o... ... Read more...
A no-deal Brexit would leave Britain’s economy diminished and its people poorer. That is the conclusion of the economic forecast commissioned by the mayor of London, Sadiq Khan from Cambridge Econometric... Read more...
But these explanations are not enough. Economists therefore questioned the measure. And if productivity gains were too new to be detected by traditional statistical tools? In the United States, for example, th... Read more...
10 January 2018
The cut in stamp duty for first-time buyers was good news but more needs to be done to help overcome the housing crisis, according to the chief executive of the Family Building Society, Mark Bogard. It foll... Read more...
The average British household is already worse off than it was before the Brexit vote. Dennis Novy and Thomas Sampson discuss how much of the rise in inflation is due to Brexit. Higher prices are costing the a... Read more...
08 January 2018
LSE Growth Commission work was mentioned by Viscount Chandos in a House of Lords debate on Industrial Strategy on evening of 8 January 2018: In a debate on Industrial Strategy in the House of Lords Viscount... Read more...
Economist John Van Reenen studies the creation and use of technology, from the R&D lab to the workplace Long before John Van Reenen became a professor at MIT, he was studying MIT topics in an MIT style.... Read more...
By Laura Alfaro, Nick Bloom, Paola Conconi, Harald Fadinger, Patrick Legros, Andrew F Newman, Raffaella Sadun and John Van Reenen The study develops a simple model and provides new data to examine the relat... Read more...
According to the calculations of the Center for Economic Performance (CEP), Brexit will significantly affect inflation, the national currency rate, as well as the income level of the British and the overall qu... Read more...
07 January 2018
Exposing women, minorities, and low-income children to innovation may spark innovation and growth, write Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova and John Van Reenen. Related publica... Read more...
05 January 2018
AREPORT written by a Welsh political consultant for a thinktank set up by Tony Blair paints a bleak picture of a post-Brexit future. Dafydd Rees, who has held senior positions with the BBC, Sky and Bloomberg, ... Read more...
Executive summary: This document sets out some of the key things we have learnt since the referendum. These include: The Office for Budget Responsibility has downgraded UK growth expectations for the ... Read more...
04 January 2018
Tom Kirchmaier, professor of finance at the London School of Economics, said the risks of a bitcoin crash could be amplified for CFD speculators. “Just stay out of it,” he said, adding that bitcoin... Read more...
The following information was released by the Office of Tony Blair: Executive summary The Centre for Economic Performance says that the Brexit vote has cost the average household 404 a year. ... Read more...
03 January 2018
IBM recently made headlines for dismantling its policy that allowed remote work. The technology giant was following in the footsteps of Yahoo Inc., which in 2013 also called its employees back to the office, s... Read more...
Q: In 2017, consumers’ finances were squeezed by rapidly rising prices. Will 2018 be an easier year for UK households and what are the implications for consumer spending? A: Swati Dhingra, assis... Read more...
01 January 2018
The latest forecasts from major London economic research houses seem to provoke pensive respondents. The renowned London Economics University, a study by the London School of Economics (CEP), has shown that th... Read more...
The UK will remain a relative laggard among developed countries this year as the after-effects of the Brexit referendum mean the economy will only enjoy limited benefits from a global upswing in growth, econom... Read more...
The London School of Economics has estimated that failing to agree a trade deal could cost the UK economy up to £430 billion over five years. ... Read more...
Large London think tanks have also drawn attention to the real wage erosion in Great Britain. The recent London-based Economics Research Center (CEP), the London-based Economics University of London, has shown... Read more...
29 December 2017
The recent London-based Economics Research Center (CEP), the London-based Economics University of London, has shown that the unexpected market and real economy shock of the last year's referendum on Britis... Read more...
While there could be many factors hobbling innovation, findings of a recent study by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova, and John Van Reenen—who are associated with various American i... Read more...
The recent study of the London School of Economics (CEP) in London has demonstrated with various model calculations that the unexpected market and real economy shock of a British EU member, who won a narrow ma... Read more...
A study published by the Center for Economic Performance at the London School of Economics says the happiest age in human life, statistically, is 23 and 69 years. Based on data from 23,161 people aged 17 and 8... Read more...
28 December 2017
Fortunately, in an age when data is king, there are increasing amounts of facts and figures to illustrate the problem. A paper published earlier this year by the Massachusetts Institute of Technology'... Read more...
27 December 2017
Anna Valero, Beverley Skeggs, Connson Locke, Emily Jackson, Shani Orgad, Sonia Livingstone and Susanna Khavul Budget 2017: productivity is the focus, but ‘fixes’ are unlikely to be enough ... Read more...
26 December 2017
It is no secret that innovation is a powerful driver of growth in any modern economy. How does a country promote innovation activity? A recent study by economists Alex Bell, Raj Chetty, Xavier Jaravel, Neviana... Read more...
25 December 2017
24 December 2017
Article by Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova and John Van Reenen: Relatively little is known about the factors that induce people to become inventors. Using data on the lives of over... Read more...
By obtaining highly detailed data on more than one million American inventors, a recent study by Alex Bell (Harvard University), Raj Chetty (Stanford University), Xavier Jaravel (London School of Economics), N... Read more...
23 December 2017
Brexit analysis from the Centre for Economic Performance recently found that the living standard of every income group in the UK would decrease after Brexit, with those on middle incomes suffering slightly mor... Read more...
22 December 2017
A study published in 2015 by the Center for Economic Performance of the London School of Economics found that after a telephone ban, students had nearly 7 percent higher test scores. ... Read more...
21 December 2017
According to a study by the Financial Times, which analyzed a wide range of estimates and predictions, output in the UK is about 0.9% below the potential for remaining in the single market. In a complementary ... Read more...
20 December 2017
An overhaul of university admissions processes – including an end to making offers based on predicted A level grades and a review of personal statements – is being urged in a new Sutton Trust resea... Read more...
Moreover, despite the birth of a true sub-discipline of economics - the economy of happiness - it will still take more than 40 years between the publication of the great article founder Richard A. Easterlin (&... Read more...
Swati Dhingra of the Center for Economic Performance at London School of Economics (LSE) said "Inflation data provides the most useful information." She said the overall impact of uncertainty is more... Read more...
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
College leaders' effectiveness 'seems unrelated to their salary', according to the Centre for Vocational Education Research. Better principals make a positive difference to their student’s ed... Read more...
Article by Jennifer Ruiz-Valenzuela, Camille Terrier and Clémentine Van Effentererre Principal quality matters for educational performance, argue researchers from the Centre for Vocational Education ... Read more...
Article by Gill Wyness Rules of the Game analyses the university admissions process in the UK and looks at whether it may be a potential driver of the access gap. This is an area that is surprisingly under-... Read more...
As the portal iz.ru wrote, according to calculations for the Center for Economic Performance, each British family will lose up to £404 per year because of Brexit. This is due to rising prices for consume... Read more...
The possible options for the long-term economic partnership range along a wide spectrum – from a European Economic Area-type broad-based single market access, through a Canada-type free trade agreement, ... Read more...
Everything paletti thus? Not quite. There is a loser, and that means Great Britain. It is becoming increasingly clear that Brexit was not a good idea, at least economically. Thomas Sampson and his colleagues f... Read more...
18 December 2017
Thomas Sampson and colleagues at the London School of Economics have examined the direct effect of sterling’s depreciation since the EU referendum on prices and living standards. With the pound falling a... Read more...
Business investment grew by 1.3 per cent in the third quarter of 2017, this is down almost five-fold against official forecasts for growth drawn up in 2016. This economic downturn after Brexit has already cost... Read more...
FT research shows that the weekly hit to the British economy could be the same £350m that Leave campaigners promised to claw back Thomas Sampson and colleagues at the London School of Economics have e... Read more...
And crooks respond to the changing value of goods, says Mirko Draca of the University of Warwick. With colleagues at the University of Glasgow and the London School of Economics, he examined the effect of pric... Read more...
16 December 2017
A recent study by the London School of Economics found that banning mobiles can improve academic results ... Read more...
In June 2016, a referendum was held in Britain and the result was to withdraw from the EU. This opens the door to an experiment: what happens when an economy wants to reduce its globalization and lift its ties... Read more...
15 December 2017
A recently published study, "Robots at Work" (Graetz, Michaels, 2017) highlights the actual economic impact of a major robot integration in industry. One conclusion is that the average increase in GD... Read more...
Holger Breinlich, one of the UK's leading international economics experts, a lecturer at the London School of Economics and the University of Nottingham, comments on the start of phase two of the EU-UK neg... Read more...
John Wraith, head of interest rate policy at UBS UK, said: "The impact of the referendum was, first and foremost, only a sharp fall in the pound." Due to strong consumer spending, the UK economy init... Read more...
According to research carried out by the London School of Economics, students of schools where cell use is forbidden achieve better results by more than 6.4 percent. in relation to those studying in institutio... Read more...
The debate about access to mobile phones in schools is ongoing in the UK, where more than 90% of teenagers have mobiles. A recent study by the London School of Economics found that in schools where mobiles wer... Read more...
John Van Reenen, an economist at MIT and another of the “Ideas” paper’s authors, has performed studies that look at talent cultivation in the U.S. by trying to determine the likelihood of som... Read more...
Last month, a study by the London School of Economics found that the average household will already be paying at least an extra £400 in shopping annually, due to Brexit-induced infl... Read more...
14 December 2017
According to a London School of Economics study of 2015, schools that have banned mobile phones in class have reported improved performance for their students. ... Read more...
However, research is on the French side, and in line with a study conducted in 2015 and published by the London School of Economics, school students who began to prohibit the use and even the presence of mobil... Read more...
The French education minister said it is a matter of "public health," and believes that "children should not be too often, or even at all, in front of a screen before the age of 7." A 2015 ... Read more...
According to researchers from the London School of Economics, who carried out research in schools in Birmingham, London, Leicester and Manchester, where the ban was imposed on the use of cells, teens had bette... Read more...
According to a study by the London School of Economics, even a performance improvement of 6.4 percent was identified. A potential problem could be emergency situations where parents need to reach their childre... Read more...
Research is on Bloomberg—and the French government’s—side. According to a 2015 working paper (pdf) published by the London School of Economics, schools that banned mobile phones saw test scor... Read more...
Work from home or go to an office: which kind of workers are happier and more efficient? For the first time – surprisingly – there’s some solid academic research on the subject, led by a Stan... Read more...
A study by the London School of Economics found that the test results of 16-year-old students after a complete ban on mobile phones in the school by 6.4 percent better than before. In France, one wil... Read more...
13 December 2017
Educators do not see it that black. Thus, the teacher and author Arne Ulbricht already spoke in 2015 to the "mirror" for a smartphone ban in schools: "Otherwise, we breed a generation that panic... Read more...
Teachers and parents have expressed skepticism at the new plan, as already existing classroom phone bans are commonly broken. However, the government is basing their plan on research conducted by the London Sc... Read more...
However, according to a London School of Economics study on mobile phone issues, after the ban on mobile use, test scores improved by 6.4%. The impact on bad students was even more important, with their own sc... Read more...
The French education minister said it is as a matter of "public health" and believes that "children should not be too often, or even at all, in front of a screen before the age of seven." A... Read more...
There's evidence that forcing students to put their phones away during school can help reverse some of the negative side effects. A 2015 study by the Centre for Economic Performance at the L... Read more...
12 December 2017
While Vincent does have a point, I think Blanquer deserves praise for his decision. There is no reason for children and young teens to be handling mobile phones at any point throughout the school day. They'... Read more...
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...
Snippet: ...ist, but if for the sake of argument Leonardo had imagined them as aides to scholastic culture and attainment he would have been laughed out of the Renaissance. Now that they do exist, the evidence... Read more...
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...
Estimates of the full cost of Brexit — ranging from one to ten percent of the UK per capita income — depend on how the UK leaves. In a new paper in the fall issue of the Journal of Economic Perspec... Read more...
11 December 2017
In a study of the English Center for Economic Performance, published in late autumn, it is reported that only the fact of voting for England's withdrawal from the European Union has resulted in serious los... Read more...
At nearly 326,000, the number of new U.S. patents has more than doubled from 2005 to 2015. But in every year since 2008, the patents granted to foreign inventors have outpaced those of U.S. inventors... Read more...
On Sunday, France’s education minister announced that mobile phones will be banned from primary, junior, and middle schools, calling it a matter of “public health.” Research is on Bloom... Read more...
... Read more...
Thus, the report for the Center for Economic Performance shows that voting for exit from the EU "was an unforeseen shock for the UK economy," the researchers conclude. "Our results provide convi... Read more...
10 December 2017
There is another B word that keeps popping up whenever the shortcomings of B for Brexit are highlighted. B for Bandwidth. We heard it from Alan Milburn as he explained why he was stepping down from his work he... Read more...
Pro-Brexit Cabinet Minister Liam Fox faced embarrassment last night after it was revealed that he commissioned and endorsed a new book which warns of the damaging effects of a 'hard' Brexit. The Intern... Read more...
09 December 2017
In 2008, the Centre for Economic Performance (CEP) at the London School of Economics published research for England showing high performing (academically) schools can have an impact between 3% and 12% on prope... Read more...
CFM-CEPR expert survey explores two aspects of recent developments in UK house prices Question 2: Do you agree that a more widespread weakening of the UK housing market will slow UK GDP growth significantly... Read more...
08 December 2017
The decision to leave the UK from the EU negatively affected the quality of life of citizens. This conclusion was reached by the specialists of the Center for Economic Performance research center, having found... Read more...
Brexit arguments rumble on as breakthrough is still awaited, says Ken Symon Research by three academics from the London School of Economics, Josh De Lyon, Swati Dhingra and Stephen Machin shows th... Read more...
… within the next half an hour Mole Valley and Drygate and Banstead among the areas which would be hit hardest by Brexit according to a report by researchers at the London School of Economics say both e... Read more...
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 results of this study make clear the incredible potential and capacity of both the brain and the AI technology." Artificial Intelligence replicates the process of unconscious decision-making, wh... Read more...
Sandra McNally from CEP comments on effectiveness of phonics as method of teaching literacy. ... Read more...
Guy Michaels roundtable discussion guest. Sitting on a gold mine - but why do some countries rich in precious metals, stones or oil struggle to reap the benefits? An abundance of natural resources can bring... Read more...
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...
A recent study by LSE said Brexit without a trade deal would cost London over £100bn over five years, while staying in the single market would reduce the losses to some £58bn. ... Read more...
06 December 2017
Paul Dolan, Professor of Behavioural Science in the Department of Psychological and Behavioural Science at the London School of Economics and Political Science, commented on the research and stated that result... Read more...
Snippet:... A recent study by LSE said Brexit without a trade deal would cost London over £100 billion over five years, while staying in the single market would reduce the losses to some £58 billio... Read more...
The 2017 Annual Public Lecture took place at the Royal Institution, London on 22 November 2017. In this lecture Professor Stephen Machin discusses the importance of economic incentives as a determinant of crime, what eco... Read more...
05 December 2017
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...
The skepticism about future growth potential is becoming international. Stanford economist Nicholas Bloom recently pointed out that innovation as a growth engine has become increasingly costly. "What worr... Read more...
Stanford Graduate School of Business professor Nicholas Bloom said in a TED talk earlier this year that requiring employees to be in the office is an outdated tradition that doesn’t take into a... Read more...
Paul Dolan, a professor at the Institute of Social Policy at the London School of Economics and Political Science, said: "The results are truly intriguing and show that the mind processes many things auto... Read more...
There’s a lot of inequality affecting where innovation comes from, according to a new study from the Equality of Opportunity Project. “There are very large gaps in innovation by income, race, and g... Read more...
CVER's Hilary Steedman and colleagues have been looking at training in one area of the automotive sector. Car Service is central to the supply chain of the wider automotive sector, identified as a le... Read more...
Previously children were taught using a 'look and say' method, where they were shown words until they could regonise them. However, teaching reading using sounds rather than individual letters has been... Read more...
Other structured programmes are also showing success with under-performing pupils. A large-scale study by the LSE on synthetic phonics lessons found that while they did not improve the reading score of the ave... Read more...
04 December 2017
Article by Swati Dhingra and Silvana Tenreyro How much of the world price of export crops trickles down to small farmers, who sell through agribusinesses and traders with market power? ... Read more...
Research from Graetz and Michaels using data from the International Federation of Robotics found that the use of robots within manufacturing raised the annual growth of productivity and GDP by 0.36 and 0.37 pe... Read more...
The discrepancy in who gets patents is not the result of innate abilities, Chetty and his team, Alex Bell of Harvard, Xavier Jaravel of the London School of Economics, Neviana Petkova of the U.S. Treasury Depa... Read more...
New research from Raj Chetty and his Equality of Opportunity team shows a significant amount of inequality in innovation. Even controlling for ability, their results show that there is less patenting from low-... Read more...
Article by Thomas Sampson, Dennis Novy, Holger Breinlich and Elsa Leromain Most economists believe that Brexit will be bad for the UK economy in the long-run. But what about the short-term? How ha... Read more...
The study, undertaken by Chetty along with Alex Ball of Harvard, Xavier Jaravel of the London School of Economics, Neviana Petkova of the US Treasury, and John Van Reenen of MIT, is unique due to its ability ... Read more...
03 December 2017
An important study on panel data for 14 branches of seventeen countries for the period 1993-2007. was recently carried out by G. Graetz and G. Michaels (Graetz, Michaels, 2015). They demonstrated that at the s... Read more...
…For this reason, societies have a big interest in making sure that as many people as possible have the opportunity to become scientists, inventors and entrepreneurs. It’s not only a matter of fai... Read more...
Our final #GeekoftheWeek goes to Henry Overman with his NIESR chart looking at the local economic impact of Brexit. ... Read more...
In a paper title Brexit and the Impact of Immigration on the UK by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen, the writers reveal that European Union (EU) immigration has triple... Read more...
The four UK Higher Education Funding Bodies have announced the appointment of the chairs of the 34 sub-panels for the Research Excellence Framework (REF) 2021. ... Read more...
01 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...
A study by Graetz and Michaels found that the impact of industrial robots should boost pay for highly skilled workers while reducing pay for workers with low to medium skills. ... Read more...
New job openings attract not only local workers, but also those living relatively near, write Alan Manning and Barbara Petrongolo. Place-based policies that target disadvantaged areas are widespread in b... Read more...
...[Thomas] Sampson, who coauthored the Centre for Economic Performance research, said: "Even ... ... Read more...
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion in annual revenue and as many as 30,000 jobs, a f... Read more...
New job openings attract not only local workers, but also those living relatively near, write Alan Manning and Barbara Petrongolo..... Related publications "How Local Are Labor Markets? Evidence fro... Read more...
A major research study in October warned Scotland would suffer a “devastating” Brexit bombshell with its towns and cities losing nearly £30 billion as a result of the UK leaving the EU withou... Read more...
Disadvantaged young people are substantially less likely than their better-off peers to start the best apprenticeships, according to new research published by the Sutton Trust. Just seven per cent of you... Read more...
Coverage of apprenticeships research. Related publications "Apprenticeships for Young People in England: Is there a Payoff?" by Chiara Cavaglia, Sandra McNally, and Guglielmo Ventura, ... Read more...
How will your local area be affected by #Brexit? Our final #GeekoftheWeek goes to @HenryOverman with his @NIESRorg chart looking at the local economic impact of Brexit. Peston on Sunday Retweeted ... Read more...
30 November 2017
Andrew Carter talks to Bridget Rosewell and Henry Overman about the merits of big infrastructure projects. In this month’s episode, our chief executive Andrew Carter talks with Bridget Rosewell, Co... Read more...
Finally, he claimed the promotion of prevention and stressed, as pointed out by a report of the London School of Economics that every euro of investment in preventing mental health reverts to 18 euros in socie... Read more...
Responding to the Sutton Trust's 'Better Apprenticeships' report, UCU general secretary, Sally Hunt, said: 'It's increasingly clear that the government's pursuit of its three milli... Read more...
Young people from disadvantaged backgrounds are less likely to start the best apprenticeships than their well-off peers, a new report has found. Related publications "Apprenticeships for Young Peopl... Read more...
As our latest research shows, disadvantaged young people are less likely to enter the best apprenticeships than their better-off peers. We’ve also found concerning gender gaps, with female apprentices co... Read more...
Better Apprenticeships draws on research by teams from the UCL Institute of Education and the Centre for Vocational Education Research at LSE to analyse the current state of play for apprenticeships in En... Read more...
With the proposed increase in the number of apprenticeships, CVER's Chiara Cavaglia, with Sandra McNally and Guglilmo Ventura, discuss the potential payoffs of starting an apprenticeship. Related public... Read more...
....And then, among apprenticeships for young people, 60 per cent of places are at intermediate level. New analysis by Sandra McNally for today’s report, of the experience of those aged 16 in 2003 who su... Read more...
"Disadvantaged youngsters are less likely than their better-off peers to start the best apprenticeships, a new study reveals. Research published by the Sutton Trust showed that seven per cent of yo... Read more...
"Two thirds of apprenticeships are merely “converting” existing employees and could be certifying existing skills, rather than focusing on expanding expertise, a new report has warned. Rese... Read more...
The segmentation of apprenticeship by level puts an artificial break on progression, according to a new report commissioned by the Sutton Trust. The report, entitled Better Apprenticeships – Acces... Read more...
Economists have a hard time explaining why productivity growth has been shrinking. One theory: true innovation has gotten much harder – and much more expensive. So what should we do next? John V... Read more...
29 November 2017
A report by the London School of Economics’ Centre for Economics Performance earlier this month estimated that the Brexit-related spike in inflation in the UK had already cost the average UK household ar... Read more...
The report defines a hard Brexit as being on World Trade Organisation (WTO) tariffs with no customs union, and a soft Brexit with the UK staying in a form of customs union and tariffs remaining at zero with a ... Read more...
The work of the Centre for Vocational Education Research was referred to by Lord Bhattacharyya (Lab) who is Professor of Manufacturing, Director and Chairman at the Warwick Manufacturing Group at Warwick Unive... Read more...
27 November 2017
Alison Thewliss MP (SNP), Shadow SNP spokesman for Cities and Treasury referred to the recent CEP report The Brexit Vote, Inflation and UK Living Standards estimate "that the average household has... Read more...
Article by Thomas Sampson et al Most economists believe that Brexit will be bad for the UK economy in the long-run. But what about the short-term? How has the referendum affected households in the first yea... Read more...
Article by Henry Overman Much has been written about the impact that Brexit might have on the national economy. We know far less about how that impact might vary across the UK. In a recent paper published i... Read more...
However, the regions that are now calling for special rules do not belong to those parts of the country that Brexit is likely to hit particularly hard economically. According to calculations by economists at t... Read more...
Richard Layard and his co-workers wanted to know how much money the British government has to allocate to reduce mental illness, physical ill health, unemployment and poverty. They concluded that the cheapest ... Read more...
26 November 2017
The latest work by economists at the London School of Economics estimates that, if the UK crashes out of the EU with no deal, the impact will be far more severe than the projections in the budget suggested. Th... Read more...
… Dr Thomas Sampson, who co-authored the Centre for Economic Performance research, said: "Even before Brexit occurs, the increase in inflation caused by the Leave vote has already hurt UK household... Read more...
25 November 2017
Government sources said ministers would this week release sections of assessments into the potential economic impact of Brexit carried out across Whitehall, which until recently they had tried to keep secret. ... Read more...
24 November 2017
Growth largely rested on household spending. The companies, influenced by the uncertainty created by the Brexit - exit of the United Kingdom of the European Union (EU) -, invested cautiously while clearing unk... Read more...
According to the Center for Economic Performance Research Center (CEP), one of the main consequences of the vote on leaving the European Union was a marked decrease in the quality of life of British subjects. ... Read more...
How many jobs are being lost in the UK due to the relocation of businesses is still unclear. Estimates range from 30,000 to 200,000. The Bank of England's most recent forecast, according to the BBC, is the... Read more...
Right now, the British people are already paying money. Every time they go shopping, because prices have gone up, they actually can buy less with their money said Dennis Novy, research fellow at the Center for... Read more...
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...
... according to new analysis from the Centre for Economic Performance (CEP) at the London ... ... Read more...
In the first detailed statistical analysis of how the referendum outcome has affected UK inflation, wages and living standards Thomas Sampson and his team show UK households are paying a high economic price fo... Read more...
The danger is not making a real difference to productivity when the country needs it the most, writes Anna Valero. Budget 2017 began with a bleak assessment of the UK’s growth prospects. For those of us ... Read more...
In support of this statement we can mention a recent investigation by a team of economists from the London School of Economics, directed by Richard Layard. The researchers analyzed data from surveys conducted ... Read more...
23 November 2017
In the referendum on British EU membership last June, a small, 51.9 percent majority of the participants voted out. The study, published on Monday by the prestigious London Economics University at London Schoo... Read more...
The British already pay the price of brexit - explains Dennis Novy, an economics researcher at the London School of Economics and Political Science. - Every single shopping gets less and less money for their m... Read more...
3. Britons begin to feel the Brexit pinch - EU and Union flags fly above Parliament Square in central London, Britain. UK households are more than £400/year worse off as a result of Brexit-induced inflat... Read more...
Dennis Novy interviewed by Chinese television on CEP Brexit analysis research into how much Brexit is already costing UK households. ... Read more...
In 2005, another Richard, the delicious British baron Layard, explained that "when a country has more than $ 15,000 per capita, its level of happiness seems independent of its per capita income. What is t... Read more...
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...
We’ve picked all the low hanging fruit when it comes to new ideas, and the world is set for more parsimonious times. This is the idea put forward in a recent research paper by Nicholas Bloom, John Van Re... Read more...
Traf also said that in 2015, one of the most comprehensive studies on the impact of Sunday trade on the European economy was published, published by the London Center for Economic Performance (CEP), a research... Read more...
A statistical analysis on the consequences of the Brexit vote in the United Kingdom was released on Monday, showing how the referendum outcome has affected inflation and living standards of people across the c... Read more...
UK economy: Britain is on course for its longest fall in living standards since records began, with wages not returning to their pre-financial crisis levels until at least 2025. … “Right now, the ... Read more...
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...
Recently, the Center for Economic Performance (CEP), a local research center, recently released a survey according to which every British family, on average, loses 400 pounds sterling per year due to Brexit. ... Read more...
22 November 2017
“One of the guys who pays my wages has decided he’s pulling investment from the UK,” my private fund manager mate tells me on Sunday as we stand on the touchline, watching our kids play rugby... Read more...
Meanwhile, on the home front consumers have been fighting raging price increases thanks to the collapse in the value of the pound. The average household has lost £404 last year according to the Centre fo... Read more...
On 23 June 2016, the UK voted to leave the EU. As soon as the result became clear, sterling depreciated sharply and, since the vote, UK inflation has dramatically increased. How much of the rise in inflat... Read more...
Brexit is already costing the average UK household £7.74 per week or £404 per year, according to new analysis from the Centre for Economic Performance (CEP) at the London School of Economics and Po... Read more...
21 November 2017
New research from Harvard Business Review looks at data from over 1,000 chief executives and the financial performance of their companies to explore what makes CEOs tick. The report was authored by Oriana... Read more...
Wales and Northern Ireland have suffered the worst spikes in inflation in the UK as a result of last year’s vote for Brexit, according to new research from the London School of Economics. The analysis by... Read more...
20 November 2017
....It is also crucial that the issue of access is tackled. As our latest research shows, disadvantaged young people are less likely to enter the best apprenticeships than their better-off peers. We’ve a... Read more...
A report from the Centre for Economic Performance (CEP) says the average household is paying £404-a-year extra on food and household items due to rising prices. After the EU referendum vote, the falling ... Read more...
Dr Thomas Sampson, who co-authored the Centre for Economic Performance research, said: “Even before Brexit occurs, the increase in inflation caused by the Leave vote has already hurt UK households. &ldqu... Read more...
According to research conducted by the UK-based Centre for Economic Performance "By June 2017, the Brexit vote was costing the average household £7.74 per week through ... Read more...
Article by Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson. On 23 June 2016, the UK voted to leave the EU. As soon as the result became clear, sterling depreciated sharply and, since the vote, ... Read more...
The first detailed statistical analysis of how the referendum outcome has affected UK inflation, wages and living standards shows UK households are paying a high economic price for the vote to leave the Europe... Read more...
If we can prevent great suffering at no cost to ourselves, we ought to do so. Yet Western governments are neglecting an opportunity to reduce the great misery caused by mental illness, even though the net cost... Read more...
19 November 2017
DOI: 10.1016/j.labeco.2017.11.003 ... Read more...
16 November 2017
PRINCETON – If we can prevent great suffering at no cost to ourselves, we ought to do so. That principle is widely accepted and difficult to dispute. Yet Western governments are neglecting an opportunity... Read more...
15 November 2017
Other research confirms that the beneficial effect of universities isn't just correlation. A 2015 paper by economist Shimeng Liu found that areas where the U.S. federal government made land grants to unive... Read more...
14 November 2017
Parents with young children are ‘substantially’ less productive than their colleagues, due to a lack of sleep As every parent of a newborn knows, sleep is a foreign country, a place that they happi... Read more...
While movements in global commodity markets helped raise inflation, price rises in the UK have outstripped those in other leading economies. By September 2017, prices were up 3 per cent over the past year comp... Read more...
13 November 2017
Article by Henry Overman: With Brexit looming, we’ve been running a series of workshops with local areas to think about different policy responses and consider what the evidence says on effectiveness. On... Read more...
Article by Thomas Sampson: Why will Brexit cause problems at the border? Let’s start with the basics. The central issue is that currently, goods move freely between the UK and other EU countries. That&rs... Read more...
Work-life balance, job variety, autonomy and learning new things make us happier at work; blue-collar workers are less happy than others, write Jan-Emmanuel De Neve and George Ward. ... 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...
“The inflation figures are the most informative,” says Swati Dhingra, at the Centre for Economic Performance at the London School of Economics. She says the impact of broad uncertainty has been har... Read more...
Snippet: ...e Thank you very much Steve France's reporting for us there in Cardiff and serve loaded of the have been in touch about food prices someone texted me to say food has increased by 5% since June ... Read more...
10 November 2017
In Are Ideas Getting Harder to Find? (NBER Working Paper No.23782), Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb argue that, to maintain a given rate of economics growth, resources devote... Read more...
Today we publish a new discussion series paper, that sets out the views of Paul Dolan, Laura Kudrna and Stefano Testoni on the importance of ‘in the moment’ wellbeing and measurement for understand... Read more...
Is it possible, as Trump’s statement suggests, to compare two countries’ economies and which indicators would we use to do so? GDP per capita is considered a baseline when comparing two economies. ... Read more...
09 November 2017
Article by Nikhil Datta and Swati Dhingra It’s no secret that the UK is deeply integrated into the European Union. About half of its trade and investment is with the EU and, as a member of the single ... Read more...
The Centre for Economic Performance has published a discussion paper entitled 'Product Diversification in Indian Manufacturing.'The abstract states: The presence of global value chains challenges ... Read more...
08 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...
Meanwhile, the risks of Scotland crashing out of the EU without the UK government securing a deal have been revealed in a damning report by the London School of Economics. Figures show that every single part o... Read more...
South Lanarkshire could lose out to the tune of £1.3 billion after Brexit according to statistics from the London School of Economics. ... Read more...
07 November 2017
Article by Christian Helmers and Henry Overman Big scientific research facilities like the UK’s Diamond Light Source, a third generation synchrotron (circular particle accelerator), benefit scien... Read more...
Tứ Thiện Thái is known as the translator of classic works in the world Happiness - Lessons from a New Science (By Richard Layard): The concept of happiness in the past is very volum... Read more...
06 November 2017
Ronnie Cowan, SNP, Inverclyde: A report from the centre for cities and the Centre for economic performance and the London School of Economics said that all cities would schedule increasing cost... Read more...
...Chancellor Philip Hammond is looking to reform the planning system by allowing building on the green belt to help more people possibly young people get on the housing ladder this attempt result the housing ... Read more...
For our analysis, we exploit the same dataset from the International Federation of Robotics (IFR) that was used by Acemoglu and Restrepo (2016, 2017) and in the pioneering study by Graetz and Michaels (2017). ... Read more...
Article by V. Bhaskar, Robin Linacre and Stephen Machin Like many other consumer transactions, the buying and selling of drugs are increasingly moving online. This is one very visible dimension of cybercrim... Read more...
Article by Josh De Lyon, Swati Dhingra and Stephen Machin Since Britain’s EU referendum, UK inflation has risen faster than that of the Eurozone. Price rises have varied across sectors, but as&nb... Read more...
Food prices are rising faster, and real wage growth has again turned negative, write Josh De Lyon, Swati Dhingra and Stephen Machin.... Overall, this research points to a significant rise in prices occurring a... Read more...
04 November 2017
LSE economist Thomas Sampson viewed Martin’s press release and told HuffPost it had a “partial truth”, as axing the tariffs would make food cheaper but only cheaper than if Britain left the E... Read more...
Some recent studies, however, such as a 2015 paper by Georg Graetz and Guy Michaels, found that at least in the area they studied – the impact of industrial robots – innovation is boosting pay for ... Read more...
Some recent studies however, such as a 2015 paper by Georg Graetz and Guy Michaels, found that at least in the area they studied – the impact of industrial robots – innovation is boosting pay for h... Read more...
03 November 2017
With Swati Dhingra, Martin Donnelly and Sam Lowe - Chaired by Soumaya Keynes Trading places: #BrexitTrade conference video: What types of trade barriers are most important for UK firms with an eye ... Read more...
02 November 2017
In practice, competitors often do not only choose their level of effort; they also have to decide between more or less risky strategies. For example, a pharmaceutical firm that is lagging behind in a patent ra... Read more...
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...
Rising inflation combined with flatlining wage growth means that households have seen incomes drop in real terms and are therefore beginning to feel the squeeze of higher prices. Worryingly, UK wages have drop... Read more...
Another study by the institute examining the regional implications of Brexit concludes that the south around London is likely to be hit particularly hard, as well as the region around Manchester and the south ... Read more...
A growing body of evidence supports Mr Phillips’s stance. Schools where phones are banned saw scores improve 6.4 per cent for 16-year-olds and by 12.2 per cent for lower achieving students, according to ... Read more...
The LSE economist: the cost of leaving the Union will fluctuate between £200 billion a year in the event of a complete breakdown and 20 billion for the softest solution to the Norwegian. There is no doub... Read more...
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
Article by Thomas Sampson Since World War II the global economy has become increasingly integrated. Brexit runs counter to this trend and has ignited a debate about the future of the EU and the global econo... Read more...
Article by Davide Cantoni, Jeremiah Dittmar and Noam Yuchtman. Five hundred years ago today, Martin Luther posted 95 theses on the Wittenberg Castle church door critiquing Catholic Church corruption, setting o... Read more...
31 October 2017
One of the most remarkable studies done to measure telecommuters’ performance was conducted by Stanford University. Led by Professor Nicholas Bloom, a team of scholars performed a Work From Home (WFH) ex... Read more...
Study in 2015 published by the Centre for Economic Performance at the London School of Economics. showed that across multiple schools, when mobile phones were banned, tests scores went up an average of 6.4% in... Read more...
Research by the London School of Economics forecasts that even in the event of a Brexit transition deal being struck, the Argyll and Bute economy will shrink by 2 per cent. ... Read more...
Scotland’s Brexit Secretary Mike Russell told the convention that a report out last week revealed a soft exit from the EU would leave the area £150million worse off, while a “hard, no deal Br... Read more...
Dennis Novy interviewed on globalisation and Brexit. ... Read more...
A group of professors from Harvard Business School, the London School of Economics, Columbia University, and the University of Oxford pondered the same question and conducted a survey of more than 1,000 CEOs i... Read more...
30 October 2017
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...
In Great Britain they have chosen a different path. According to Richard Layard's Health Economist Program, with an estimated 12 million jobs, a system has been developed that provides effective and rapid ... Read more...
Sie hat zur Folge, dass der Anteil der Arbeitseinkommen am Gesamtprodukt schrumpft und die Ungleichheit zunimmt. Die Grafik unten zeigt für ausgewählte Länder, wie der Anteil der Arbeitseinkomme... Read more...
Earlier this year, a report by the London School of Economics and the VATT Institute for Economic Research said the rate of home moving would be 27 per cent higher without stamp duty. Related publications ... Read more...
Nicholas Bloom, Charles Jones, John Van Reenen and Michael Webb show through detailed analysis of firms that research productivity is declining even as research efforts are rising. One of their key findings: &... Read more...
Mention of figures from the London School of Economics on the impact of a ‘no-deal’ Brexit on Birmingham’s economy. ... Read more...
29 October 2017
The overall impression in other European capitals is that the British want to have their cake and eat it, by leaving the EU and yet retaining all its advantages, a demand which no EU government is prepared to ... Read more...
28 October 2017
The Sutton Trust’s optimistic slogan on its masthead proclaims that it has been “Improving social mobility for 20 years”. Sadly, its own site includes a disturbing study, commissioned from th... Read more...
26 October 2017
The standard metric of monopoly power is the concentration ratio, or the share of the market accruing to the top four (or 20) firms. In a 2017 paper, MIT’s David Autor, Christina Patterson, and John Van ... Read more...
Snippet: Mention of LSE study on cost of Brexit for Scotland ... Read more...
…there have been numerous studies claiming that better management – sometimes equated with more management – is the key to productivity. One in particular – done by economists in Stanf... Read more...
An excellent study published last month by a research group at the London School of Economics looks at the differences in economic activity in varying parts of the UK. The finding are intriguing and sometimes ... Read more...
Scottish Secretary David Mundell has told opponents of Brexit to stop bandying about “damning figures” such as an analysis that Aberdeen will be worst hit by the divorce from Brussels. The London S... Read more...
25 October 2017
However, the Department for Exiting the EU recently rejected requests to publish the analysis, arguing that there was a risk of a knock-on effect on national and regional economies . But the Lib Dems have work... Read more...
But the analysis will be shared with the Scottish government, David Davis told a committee of MPs. Mr Davis told the Brexit select committee that publishing the analysis could undermine the national interest. ... Read more...
It is still unclear whether we are heading for a ‘hard’ or ‘soft’ Brexit but, amid calls for a second referendum, it is important that voters are told about the UK Government’s ow... Read more...
Researchers at the London School of Economics found that house prices in England’s 8,000 conservation zones, which vary from the seaside town of Morecambe, Lancashire, to the industrial canals of Castlef... Read more...
09:49 AM BST Work and Pensions and Business, Energy and Industrial Strategy Committee question Director of Labour Market Enforcement The following link will allow you to view a copy of the updated inform... Read more...
24 October 2017
Gabriel M. Ahlfeldt, Kristoffer Moeller, Sevrin Waights and Nicolai Wendland DOI: 10.1111/ecoj.12454 Related publications Game of Zones: The Economics of Conservation Areas Gabriel M. Ahlfeldt, Kristo... Read more...
Snippet: News story about study on the impact of Brexit on Aberdeen ... Read more...
Snippet: Discussion of study on cost of Brexit for Scotland ... Read more...
Scotland’s biggest cities stand to lose billions of pounds if the UK government fails to secure a Brexit deal, the Liberal Democrats have claimed (Hamish Macdonell writes). The party commissioned analysi... Read more...
Tory whip writes to every vice-chancellor to ask for syllabus and any online material Academics are accusing a Tory MP and government whip of “McCarthyite” behaviour, after he wrote to all unive... Read more...
‘This paper estimates the welfare effects of Brexit in the medium to long run, focusing on trade and fiscal transfers. We use a standard quantitative general equilibrium trade model with many countries a... Read more...
23 October 2017
Who voted for Brexit? A comprehensive district-level analysis – Sascha O Becker, Thiemo Fetzer and Dennis Novy ‘On 23 June 2016, the British electorate voted to leave the European Union (EU). We... Read more...
Will the UK be able to strike better trade deals than the European Union once it leaves the EU? Dr Swati Dhingra interview. Related interview #LSEBrexitvote/Swati Dhingra/Is leaving the Customs Union the... Read more...
Every part of Scotland and the UK as a whole would be affected by a soft Brexit, which would retain access to the single market during a transition period, according to the London School of Economics (LSE). Ho... Read more...
Birmingham would be the second most damaged city in Britain by a hard Brexit, new research has revealed. The city's economy would lose £6.82 billion over five years. The figures, published by the res... Read more...
London boroughs from the suburbs to the City stand to lose billions of pounds from Brexit, new research revealed today. The impact of a “hard” exit without a trade deal would cost the capital&rsquo... Read more...
Newcastle’s economy would shrink by £1.92bn, a fall in economic output of 5%. The figures, published by the respected Centre for Economic Performance at the London School of Economics, show how muc... Read more...
Recent research has shown that industrial robots in the US have led to heavy losses in terms of jobs and incomes. In this article, we will explore the impact they have had on the labor market in Germany, where... Read more...
22 October 2017
A response to the interview with Thomas Sampson about the 'Devil's Dilemma of the Brexit'. I know many English who voted for Brexit, and almost all of them are highly educated. The reasons for this... Read more...
Using calculations based on research by the London School of Economics, the Lib Dems say that if the UK exits the EU in March 2019 without a deal, Britain’s economic output in the five years after Brexit... Read more...
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
An LSE study two years ago found that schools that banned phones did 6.4 per cent better in exams. ... Read more...
Leaving the EU will cost Britain £430billion over five years if no deal is done, research suggests. Even a “soft” Norway-style Brexit could cost the country £235billion – spa... Read more...
Modern-day inventors–even those in the league of Steve Jobs–will have a tough time measuring up to the productivity of the Thomas Edisons of the past. That’s because big ideas are getting har... Read more...
20 October 2017
Article by Thomas Sampson It is too soon to know whether Brexit will be merely a diversion on the path to greater integration, a sign globalisation has reached its limits, or the start of a new era of prote... Read more...
Article by Thomas Sampson While we can estimate the economic impact of Brexit, we do not yet understand what made people vote for it. This column argues that political pro-Brexit rhetoric conflates two dist... Read more...
19 October 2017
While talk of a sudden exodus might be overblown, there is a danger that jobs in the sector could gradually slip away from the capital. Barclays’ Peter Gordon says that, over the next decade, ‘we m... Read more...
The London School of Economics' Centre for Economic Performance and Centre for Cities estimates the British capital could lose as much as £18 billion ($23.7 billion) in annual revenue and as many as ... Read more...
Article by John Van Reenen. When people discuss what drives long-run productivity, they usually focus on technical change. But productivity is about more than robots, new drugs and self-driving vehicles.... Read more...
18 October 2017
Article by John Van Reenen: ... “An argument that was made in favor of Brexit was that by restricting Europeans coming into Britain, it would create an economic boon,” said MIT Sloan professo... Read more...
UK economic performance has been poor since the vote to leave the EU in June 2016, but has not been the catastrophe that many predicted. Nicholas Bloom (Stanford) and Paul Mizen (Nottingham University) dr... Read more...
17 October 2017
"Money is not the only thing affecting people’s happiness; it's not remotely the whole story," said British economist Baron Richard Layard in 2014. "People must understand that they wo... Read more...
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
Industrial robots are high-quality, productive workers; humans can’t match their output. Because of these steel-collar workers and their peerless output—around the clock if necessary!—p... Read more...
NFU Scotland’s Horticulture Committee chairman and Angus Soft Fruits (ASF) grower James Porter last month met UK Migration Advisory Committee chair Professor Alan Manning and Defra secretary Michael Gove... Read more...
12 October 2017
Did you know that funding is available to support knowledge exchange activities at any point throughout the research life-cycle? The KEI Fund is designed to support a variety of innovative research engageme... Read more...
Awarded an European Research Council Proof of Concept Grant for the NCore project, which aims to develop a mobile app which facilitates access to mental health services and treatments for young peopl... Read more...
Tweet by Alastair Campbell: Alastair CampbellVerified account @campbellclaret Oct 10 Follow Follow @campbellclaret Launching @beisgovuk as @TimetoChange employer with Perm Sec Alex Chisholm ... Read more...
Podcast - What are the secrets of the German economy - and should we steal them? Daniel Sturm interviewed alongside four other economists about the German economy. Related publications 'History an... Read more...
The South-East is not the country’s productivity engine, rather a band stretching west from the capital towards Bristol is, according to a new LSE report which challenges prevailing wisdom on the uneven ... Read more...
Another summary is offered in the introduction to this report Bucking the Trend (Jo Blanden, 2006) "A prime motivation behind the Government’s child poverty reduction strategy is the belief that gro... Read more...
The UK Centre for Mental Health calculated that presenteeism from mental ill health alone costs the UK economy £15.1 billion (S$26.5 billion) per annum, while absenteeism costs £8.4 billion (S$14.4... Read more...
Letter by Swati Dhingra and Nikhil Datta Martin Sanderson points out that manufacturing accounts for only a small share of the UK workforce, and reasons that it is hardly right to say blue-collar British wo... Read more...
11 October 2017
Article by Richard Layard With modern psychological therapy, mentally ill people can become more productive and more satisfied with life. ... Read more...
Shaun Larcom; Ferdinand Rauch; Tim Willems, The Quarterly Journal of Economics, Volume 132, Issue 4, November 2017 DOI: https://doi.org/10.1093/qje/qjx020 ... Read more...
10 October 2017
Alex Eble, Peter Boone and Diana Elbourne, The World Bank Economic Review, Volume 31, Issue 3, October 2017 DOI: 10.1093/wber/lhw034 Related links Peter Boone CEP Alumni webpage: http://www.effi... Read more...
Fort Payne, Alabama was the former “Sock Capital of the World” until a trade deal triggered job losses. In this installment of #WorkInProgress, we show how one sock maker is pushing to keep “... Read more...
In the London Review of Books, Swati Dhingra and Nikhil Datta (economists in London) run down all the difficulties facing Britain in withdrawing from the European Union, in an article called “How Not to ... Read more...
Behavior Economist and Nobel Prize Winner Economics Richard H. Thaler is best in joking when a journalist asks him from Stockholm what he will do with the prize. A jovial man also confirms his Belgian colleagu... Read more...
09 October 2017
It seems things are slowing down. And two distinct camps are emerging: the “priced out” generation, who are hoping a crash will lead to house prices they can afford, and the “propertied&rdquo... Read more...
A working group will be set up to prepare Pembrokeshire for the effect of Brexit, following a council vote. The county could lose £35.4m in trade if the United Kingdom opts for a "hard" Brexit,... Read more...
… Whether post-EU frictionless trade is even possible remains to be seen. In an article in the London Review of Books, Swati Dhingra and Nikhil Datta of the London School of Economics pour cold water on... Read more...
08 October 2017
When it comes to debating a work-from-home policy, there are two schools of thought on the subject. While one group believes employees will abuse the system and productivity will be lost, the other believes th... Read more...
06 October 2017
Article by NICHOLAS BLOOM*, PAUL MIZEN The conditions in the British economy worsened after the Brexit referendum, but there was no disaster predicted by various economists. Growth rates in Britain have fal... Read more...
Interview: Een harde Brexit kost iedere Brit 10 procent aan inkomen. Dat becijferde de jonge, gezaghebbende econoom Thomas Sampson. “Het aan banden leggen van het persoonsverkeer is heel kostbaar.”... Read more...
Brexit will hit Pembrokeshire harder than the Sea Empress disaster, according to a comparison made in a report for Cabinet next week. The Director of Development’s report ahead of an agenda item called &... Read more...
Speaking mainly about vending machines and industrial robots. A study by George, Graetz of Uppsala University and Guy Michaels of the London School of Economics, which investigated the impact of roboticisation... Read more...
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 2015 study by Stanford University’s Nicholas Bloom and others on management practices across 1,800 high schools in eight countries, including India, showed that better management produced better educat... Read more...
Article by Ralph de Haas, Daniel Ferreira and Tom Kirchmaier Our recent paper exploits data collected through an online survey of 130 current and past board directors (De Haas, Ferreira and Kirchmaier, 2017... Read more...
Finally, the jobs most susceptible to automation are routine jobs that are made up of few, repetitive tasks, which tend to be lower- or middle-skill jobs. Non-routine jobs, on the other hand, require interpers... Read more...
But why is IT leading to winner-take-all competition? Bessen’s paper can’t answer that, however he raises two possibilities. It could be because “software development typically requires large... Read more...
Women’s role in the US economy has exploded since WWII. In fact, the employment rate for women of prime working age more than doubled in the second half of the 20th century. There are a lot of reaso... Read more...
04 October 2017
Businesses will be forced to employ fewer staff and improve productivity after Brexit, Great Yarmouth MP Brandon Lewis has warned. … Further details on how the government will tackle the problem will be... Read more...
The Government’s Migration Advisory Committee (MAC), chaired by Professor Alan Manning of the London School of Economics, would present a report to Government in September, and this would influence plans... Read more...
Evidence from a recent report by Stephen Machin and his colleagues at the London School of Economics, entitled “Teaching to Teach” Literacy, shows that synthetic phonics instruction has little to n... Read more...
A growing body of research shows the role that school leaders play at influencing student outcomes. After studying headmasters in India and abroad, Stanford University Professor Nick Bloom and his colleag... 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
"Ideas, and in particular the exponential growth they entail, are getting harder and harder to find," according to a recent study by the National Bureau of Economic Research in the United States. The... Read more...
CAGE/SMF event at the Conservative Party conference in Manchester on Brexit. Dennis Novy talked about issues related to international trade, in particular the EU Single Market and customs union and potential n... Read more...
Immigration Minister Brandon Lewis says it takes 20 workers to build a house in the UK but just four workers overseas The Government’s Migration Advisory Committee (MAC), chaired by Professor Alan Man... Read more...
In March 2017 the "World Happiness Report" was published, which includes a chapter on happiness at work. In it, Richard Layard, an economist at the London School of Economics, invites us to think abo... Read more...
Article by Georg Graetz and Guy Michaels Whilst the U.S. unemployment rate has returned to pre-recession lows, there is concern among policymakers about other developments in the American labour market, not... Read more...
02 October 2017
Financial services aren’t as London-centric as the creative industries, and the coast-inland divide is growing, write Sandra Bernick, Richard Davies, and Anna Valero. The UK’s financial services... Read more...
R&D tax relief encourages investment in research and development across the economy, according to a recently published study by the London School of Economics (LSE). Researchers from the LSE’s Centre... Read more...
For instance, as reported by the Guardian, a 2015 study called “Ill Communication: Technology, Distraction & Student Performance” found that, after schools banned mobile phones, the test scores... Read more...
Another study, published by a journal of the London School of Economics and Political Science, found that student test scores rose in four schools that banned cell phones, with most of the rise occurring among... Read more...
According to a survey conducted by Stanford University Professor of Economics Nicholas Bloom in Singapore, those who work from home are happier than those who work in the office. We asked the people who work a... Read more...
01 October 2017
A society in which poverty does not exist sounds utopian - this society is equal but unfair, so it risks collapse, argues Nicholas Bloom, a professor of economics at Stanford University. "People do not wo... Read more...
Whether students are better off under more lax phone rules is yet to be determined, according to some school officials who said their policies are still too new to properly evaluate. But some recent studies ha... Read more...
There is a lot of literature that describes the link between happiness and work. For example, Richard Layard, co-founder of the Annual World Happiness Report, said in 2011 that having paid work in place three ... Read more...
30 September 2017
This is stated in the unique study of Stanford University economics professor Nicholas Bloom. According to the study, the number of people working from home has tripled in the last 30 years. However, the numbe... Read more...
"Wheat and bread isn't analogous to workers coming to the country and that being the cause of the depreciation of wages. "The Economic Centre at LSE's Centre of Policy and Research [sic], hav... Read more...
One of the leading authorities on the subject today is Stephen Machin, director of the Centre for Economic Performance at the London School of Economics. He has analysed London Metropolitan police data over th... Read more...
British agriculture has become a less attractive place to work for EU migrants and the industry needs to be able to look outside the EU to source more labour. This was the call from the chairman of NFU Scotlan... Read more...
29 September 2017
"There have always been, but the increase in numbers seems to have started about 30 years ago," says MIT researcher John Michael Van Reenen, one of the proponents of this theory and co-author of the ... Read more...
Dennis Novy, professor of economics at the University of Warwick, said the tariff slapped on Bombardier was ‘designed to completely kill’ the C-Series programme. ‘Trump is telling the rest of... Read more...
But the exploitation of currently available knowledge is far from complete A recent paper by Nicholas Bloom, Charles Jones and Michael Webb of Stanford University, and John Van Reenen of the Massachusetts I... Read more...
Lord Richard Layard, who informed the public about research at this school, said that the average person has not become happier in the past twenty years, although in this period average per capita income has m... Read more...
28 September 2017
Too many economists have refused to take seriously the idea that Brexit has the potential to provide economic benefits to the UK. Before the referendum, Treasury economists assured the public that a vote to le... Read more...
Opinion is divided on whether the breakup of large, diverse countries can increase national wellbeing, write Tony Beatton, Paul Frijters and Nattavudh (Nick) Powdthavee Among the world’s rich count... Read more...
Exclusive: Krugman rejects the assertions of Brexiteers that leaving the single market and customs union will ultimately help the UK export more to the rest of the world. A study by economi... Read more...
27 September 2017
Article by Swati Dhingra and Josh De Lyon. On trade, the PM reiterated that the UK would be outside the Single Market and the Customs Union after Brexit. The UK would not pursue off-the-shelf arrangements, lik... Read more...
Dennis Novy was interviewed. The topic was the potential Brexit transition period, and to what extent it would help British business. Related links [subscription required] http://lbc.audioag... Read more...
There may come a whole range of inventions that we can hardly imagine today. Already existing innovations also need some time to affect productivity in production chains. This concerns robotics and a range of ... Read more...
A new working paper at the NBER looks into the productivity of research effort, that is, how research effort correlates with an increase in output. ‘Are Ideas Getting Harder to Find‘, authored by N... Read more...
26 September 2017
Over the last decade, economists have worked hard on the impact of management on productivity. The effectiveness of management, measured by a set of indicators (quality of internal monitoring, setting clear ob... Read more...
A study by economists at the London School of Economics has estimated the damage could be as great as 9.5 per cent of GDP if the UK leaves the EU without a free trade deal. Related article ‘Th... Read more...
Article by Sandra Bernick, Richard Davies and Anna Valero: The UK’s financial services industry is not nearly as London-centric as the creative industries. Rather than the South East of England being the... Read more...
25 September 2017
British companies are increasingly concerned that Brexit will hit sales and raise costs, according to a survey backed by the Bank of England. Tracking the views of chief executives and chief financial officers... Read more...
Recently, a lot of attention has focused on the idea that monopoly power might be causing the shift. But the famous paper that draws this connection — by David Autor, David Dorn, Lawrence Katz, Christina... Read more...
Nicholas Bloom, a SIEPR senior fellow and co-author of a paper released this week by the National Bureau of Economic Research, contends that so many game-changing inventions have appeared since World War II th... Read more...
Theresa May stepped in to lead the discussion on what the UK hopes to achieve from its Brexit negotiations with the EU. Swati Dhingra and Josh De Lyon (CEP, LSE) argue that her Fl... Read more...
In recent work, Graetz and Michaels looked at 14 industries (mainly manufacturing industries, but also agriculture and utilities) in 17 developed countries (including European countries, Australia, S... Read more...
23 September 2017
Rather, by using detailed quality-adjusted OECD prices we reach roughly the same estimates of nontariff barriers that the researchers at the London School of Economics cite for their own w... ... Read more...
NFU Scotland warns that this will only "get worse year on year" for Scotland's soft fruit and vegetable sectors. The pre and post Brexit employment needs of Scotland’s fast-growing horticul... Read more...
22 September 2017
The M4 corridor is more productive for the British economy than the southeast, report finds A study into the industrial breakdown of the country by the Centre for Economic Performance (CEP) at the London Sc... Read more...
21 September 2017
And if your boss is on the fence, here’s a compelling case study — from economics professor Nicholas Bloom — to show her. Imagine a person working from home. If you pictured somebody in pajam... Read more...
20 September 2017
Article by John Van Reenen What are the costs and benefits of regulation? Most countries treat smaller firms more generously when it comes to business regulation, exempting them from some of the burdens on ... Read more...
Article by John Van Reenen: What are the costs and benefits of regulation? Most countries treat smaller firms more generously when it comes to business regulation, exempting them from some of the burdens on la... Read more...
Article by Nicholas Bloom, Charles I. Jones, John Van Reenen and Michael Webb: The rate of productivity growth in advanced economies has been falling. Optimists hope for a fourth industrial revolution, while p... Read more...
Professor of Finance and Economics, Kevin Dowd (Durham University), Professor David Paton (Nottingham University) and Professor David Blake (University of London) discuss how the UK can benefit from a free tra... Read more...
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...
Back in April, I wrote about one of the most troubling mysteries in economics, the falling labor share. Less of the income the economy produces is going to people who work, and more is going to people who own ... Read more...
Research from the Centre for Economic Performance at the London School of Economics, which developed a management performance score based on employee ratings of supervisors, found that Britain ranked fifth out... Read more...
Research from the Centre for Economic Performance at the London School of Economics found that the problem was particularly prevalent in Great Britain, with the country scoring just 3.03 out of five for manage... Read more...
It’s important to realise that, while Brexit will have an effect on the whole of the UK, it will not be spread evenly around the country. In an attempt to look at the relative winners and losers, the thi... Read more...
19 September 2017
There's an opportunity to build a new system based on transparency, independence and a long-term outlook, write Anna Valero and Richard Davies Every government has an industrial strategy however it is a... Read more...
Article by Philippe Aghion and Benedicte Berner The French government has just announced the guidelines for a new labour code, its first major reform to boost France’s economy by giving more flexibili... Read more...
This paper provides information on and/or links to a selection of analysis, comment and statistics on: - Trade negotiations, tariffs and custom duties - Domestic economic policy and public expenditure... Read more...
18 September 2017
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...
17 September 2017
A fascinating new paper by Nicholas Bloom and colleagues at Stanford and MIT has created waves by claiming that ideas are getting harder to find, which implies that many more researchers are needed to maintain... Read more...
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
14 September 2017
Effects would seem to be beneficial: a report from the Center for Economic Performance of the London School of Economics, published in 2015, estimated 6.4% improvements following bans, a week more than "r... Read more...
…the “dearth of new ideas” thesis still resonates. A new paper from Stanford’s Nicholas Bloom, Charles Jones, Michael Web and MIT’s John Van Reenen examines this particular aspec... Read more...
The Citizens’ Assembly on Brexit has just completed its first weekend of deliberations. As an earlier post explained, the Assembly is a gathering of people from across the UK who have... Read more...
13 September 2017
Review Jonathan Wadsworth, professor of economics at Royal Holloway, University of London According to standard economic textbooks, the purported effects of immigration on the existing workforce are undo... Read more...
According to research by economists Louis-Philippe Beland and Richard Murphy published in 2015 on the British Center for Economic Performance at the London School of Economics in four English cities, combining... Read more...
Article by Nikhil Datta and Swati Dhingra: About half of Britain’s trade and investment is with the EU, and currently, as members, we implement almost the same standards for products and services. One of... Read more...
A team of top boffins is starting to worry that humans are running out of ideas and are citing the tech industry’s inability to come up with a solution for Moore's Law as a case study. Economic resea... Read more...
To what extent does the quality of management matter for a business to be successful? ask Nicholas Bloom, Erik Brynjolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen ... Read more...
Last year before the Brexit referendum, the Center for Economic Performance (CEP) produced a study on the economic impacts of Eastern European immigrants. The London School of Economics, a research institute f... Read more...
Snippet: ...means goods will be subject to proof-of-origin checks as they cross borders. Research suggests this process adds extra cost on average to the underlying value of the goods, according to Nikhil Datt... Read more...
In the recent shift from outsourcing manufacturing, many pundits have argued that the addition of more robotic job automation the more manufacturing jobs would be lost. This correlation has recently been the s... Read more...
12 September 2017
Indeed, a recent study by Richard Layard at the London School of Economics suggests that emotional wellbeing in childhood is more important to an adult’s satisfaction levels than academic success or weal... Read more...
Earlier in the summer, research from think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics revealed Reading is likely to be one of the areas hit hardest by Brex... Read more...
Great Yarmouth High isn’t the only school in the county stepping up its strictness in attempt to improve its reputation. Tim Gibbs, headteacher of Reepham High, hopes the school’s new ban on mobile... Read more...
11 September 2017
Research just isn’t as effective as it used to be In a paper published Monday through the National Bureau of Economic Research, "Are Ideas Getting Harder to Find?", economics professors Nich... Read more...
Snippet: ... for the first time compared to previous decades they would not receive anything so they are receiving somethings in relative terms to the top they're closing the relative gap but in absolute t... Read more...
10 September 2017
A paper published by the London School of Economics in 2015 found banning mobile phones in schools resulted in a 6.41 per cent improvement overall in the school's' performance. ... Read more...
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
In the academic paper ‘Robots at Work’, Georg Graetz of Uppsala University and the LSE’s Guy Michaels discovered that, between 1993 and 2007, automated systems encouraged the average GDP of c... Read more...
Economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics produced a 2015 study which found that between 1993 and 2007, Michaels said, there was “a negative effect ... Read more...
Recent research published by the London School of Economics also found that teaching phonics led to greater improvements in reading among disadvantaged children compared with students taught using other system... Read more...
Snippet: .Is using a smart phone at school really that bad? Schools with an embargo on mobiles saw the test scores of 16-year-olds improve by 6.4 per cent on average, while the results of lower-achieving stude... Read more...
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
The third reason to focus on Germany is a practical one. Detailed German labor market data are merged with the same data on industrial robots, that is also used by Acemoglu and Restrepo (Robots and J... Read more...
07 September 2017
In 2015, economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics analyzed the effects of industrial robots on employment in 17 different countries between 1993 and 2007... Read more...
10.1111/twec.12440 ... Read more...
I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the local economic impacts of Bre... Read more...
A report by the London School of Economics' Centre for Economic Performance had suggested Brexit would leave all British cities adversely affected. Related publications ‘Brexit, Trade and the E... Read more...
06 September 2017
As outlined at TED, research conducted by Stanford University economics professor Nicholas Bloom shows companies could not only benefit from a reduction in costs associated with office space, but also see impr... Read more...
05 September 2017
Paul Cheshire, professor of economic geography and the London School of Economics, said: ‘The term “millionaire” has long been reserved for those considered to have extreme wealth. A distant ... Read more...
Paul Cheshire, professor of economic geography and the London School of Economics, said: "The term "millionaire" has long been reserved for those considered to have extreme wealth. A distant asp... Read more...
The government has commissioned independent advisers on migration (the Migration Advisory Committee) to complete a detailed assessment of the social and economic impact of international students... Read more...
04 September 2017
The Centre for Economic Performance at London School of Economics has predicted a soft brexit is likely to increase the cost of EU trade by 2%, causing a subsequent 1% fall in British GDP, while a hard Brexit ... Read more...
03 September 2017
Snippet…Here is the amazing fact: today, 16 of France’s 20 largest cities are located on or near a Roman town, while only 2 of Britain’s 20 largest are. This difference existed even back in ... Read more...
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...
Snippet…The Centre for Economic performance says trade would drop 40 per cent over 10 years and incomes would fall 2.6 per cent. Related links CEP BREXIT Analysis series http://cep.lse.ac.uk/BREXI... Read more...
02 September 2017
Can Emmanuel Macron succeed in "transforming" the country he promised? Philippe Aghion, one of the great names in French economic research, hopes and wants to believe in it. ... Read more...
01 September 2017
Article by Philippe Aghion and Benedicte Berner The French government has just announced the guidelines for a new labor code, its first major reform to boost France’s economy, by giving more flexibili... Read more...
Snippet…Does economic activity relocate away from areas that are at high risk of recurring shocks? We examine this question in the context of floods, which are among the costliest and most common natura... Read more...
Research shows that policy uncertainty can drive down business investment by six to 10.5 per cent. To see how the election created uncertainty in B.C., the Fraser Institute created a proxy measure using newspa... Read more...
31 August 2017
There's some evidence that banning phones correlates with better academic outcomes: A 2015 study released by the Center for Economic Performance at the London School for Economics and Public Policy found t... Read more...
Steve Gibbons, a member of a London School of Economics team that has produced a series of reports on the subject, says any claims that infrastructure investment is a cost-effective way of generating growth sh... Read more...
30 August 2017
..With incredible timing, Michaels and Rauch, alongside two other coauthors, have another working paper called Flooded Cities. Essentially, looking across the globe, there are frequent very damaging floods, oc... Read more...
Over the last full economic cycle, from 1993 to 2008, the cost of a hectare of residential land in London rose by over 300% in real terms, to more than £8m ($15m) and enough green-belt land is available ... Read more...
27 August 2017
.Even before the EU referendum multiple reports carried out by credible and reputable organisations like PWC and Oxford Economics in relation to the effect of Brexit on the UK by the year 2030, concluded that ... Read more...
25 August 2017
Snippet...”Mostly, the economists gathered here expressed hope that people would embrace the broader benefits of trade rather than focusing on the narrow costs. “All I can hope is that we are ha... Read more...
The Conservatives have called for a national ban following a 2015 study by the London School of Economics which found that schools which banned mobile phones saw an increase in test scores – with improve... Read more...
Editorial The reforms are good ones, but the reformers have their priorities wrong. For too long ministers have focused on the country’s highest-achieving pupils. They should now pay attention to ever... Read more...
24 August 2017
Academics at the London School of Economics found schools which restrict access to mobile phones “subsequently experience an improvement in test scores”. They also found banning phones “impro... Read more...
But the Scottish Government seem intent on leaving the question of mobile phones in the classrooms up to head teachers. A spokesman said: “Head teachers can already ban phones in school if they wish to, ... Read more...
There has been a veritable flood of studies indicating what an economic disaster awaits us if the government pursue its preferred hard Brexit route. If the government's own studies contain anything to coun... Read more...
Patick Minford thinks that GDP could increase by 6.8% Mr Minford’s calculations are based on dubious assumptions. He also ignores the “gravity” effect, whereby close neighbours trade more ... Read more...
A leading quartet of economists have taken issue with a report by pro-Brexit counterparts that paints a rosy picture for Britain should the country leave the EU without any trade deals in place. The four ... Read more...
22 August 2017
“NO – Thomas Sampson, assistant professor of economics at the London School of Economics. Economists for Free Trade’s estimate is misleading nonsense. It is based on an economic model that... Read more...
Here's a piece from LSE debunking Prof Minford's post-Brexit trade theories and a quote from him about industry – see http://blogs.lse.ac.uk/politicsandpolicy/the-britain-alone-scenario-how-econo... Read more...
21 August 2017
Foreign investment has dropped sharply since the June 2016's referendum as investors are holding off investments waiting for more clarity on the future of the country outside the EU. LSE’s lecturer D... Read more...
The policy, known as ‘Britain Alone’, was savaged by The Centre for Economic Performance at the London School of Economics, which suggested Minford’s work disregarded 40 years of established ... Read more...
The fact that the EU's eastern enlargement to the EU in 2004 was a win-win for the "old" 15 Member States of the Union as well as for the newcomers in Central and Eastern Europe is clear in view ... Read more...
The views of Economists for Brexit / Free Trade have repeatedly been rebuffed elsewhere, for example in a report by a group of economists at the LSE’s Centre for Economic Performance. They predict a 2.3%... Read more...
The LSE quartet – professors Thomas Sampson, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen – do concede that there is, potentially, a very minor boost to going it alone. Their own model... Read more...
"Compared to the results that would result from trading between the UK and the EU under WTO rules, unilateral liberalization (non-imposition of duties) would provide the United Kingdom with benefits becau... Read more...
19 August 2017
Article by Roberto Ganau and Andrés Rodríguez-Pose Whether organised crime undermines productivity has been studied extensively in broad terms, but not at the firm level. This column uses exte... Read more...
“Compared to an outcome in which the U.K. and the EU traded under WTO terms, there would be benefits for the U.K. to unilaterally liberalizing as it would reduce the cost of imports,” said Thomas S... Read more...
18 August 2017
Article by Max Nathan: ...Our latest case study summarises Innovate UK's programmes of support for microbusinesses and SMEs: mainly grants but also loans, awarded on a competitive basis, either to in... Read more...
17 August 2017
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...
Trump's efforts to bring work back to the U.S. could eliminate some jobs that are already here. "Altering NAFTA could fundamentally change the production of the economy — for the U.S., as well a... Read more...
16 August 2017
Mention of LSE study that found banning mobile phones from classrooms improved test scores. Click to open ... Read more...
Stamp duty is making the housing crisis worse because it is deterring older homeowners from downsizing, it has been claimed. A report by the London School of Economics and the VATT Institute for Economic Resea... Read more...
Dennis Novy gave a live TV interview to CNN (host: Rosemary Church). The topic was the economic impact of Brexit, in particular a potential brain drain from the UK jobs market and the proposed post-Brexit ... Read more...
Article by Philippe Aghion, Antonin Bergeaud, Timo Boppart, Peter Klenow, Huiyu Li Slowing growth of total factor productivity has led some to suggest that the world is running out of ideas for innova... Read more...
…A paper in the latest American Economic Review (AER) provides an intriguing perspective on the issue. Tim Besley of the LSE and two Swedish colleagues carried out a very detailed empirical analysis ... Read more...
The British government has issued a document on Tuesday expressing its willingness to ensure both sides have the greatest stability for several years after the Brexite, and at the same time it was time for Lon... Read more...
"Altering NAFTA could fundamentally change the production of the economy — for the U.S., as well as for Mexico — and that will be very disruptive," said Swati Dhingra, an economist at the... Read more...
Dennis Novy gave a live TV interview to CNN (host: Rosemary Church). The topic was the economic impact of Brexit, in particular a potential brain drain from the UK jobs market and the proposed post-Brexit cust... Read more...
Mobile phones should be banned from primary schools, according to the Scottish Conservatives. Scottish Conservative MSP Michelle Ballantyne urged the government to overhaul this guidance, calling for an out... Read more...
THE economies of both Tunbridge Wells and Tonbridge will suffer in the coming years due to Brexit, a new report by the London School of Economics claims. Titled The Local Economic Effects of Brexit, the study ... Read more...
Snippet: ...Scottish MSP Michelle Ballantyne highlighted research by academics at the London School of Economics into the impact of banning mobile phones in schools. The authors concluded schools that restrict... Read more...
Dr Thomas Sampson of the London School of Economics (LSE) said on Tuesday that the publication of UK government plans for a transition period and regulations after the breit suggests that London wants to speed... Read more...
15 August 2017
Dr Thomas Sampson of the London School of Economics (LSE) said that the publication of the UK government's plans for a transition period and regulations after the breit suggests that London wants to speed ... Read more...
Dr Swati Dhingra talks about the customs union plan. Related links Swati Dhingra CEP publications webpage: http://cep.lse.ac.uk/_new/publications/author.asp?author=dhingra ... Read more...
Also, the U.K. paper isn't a negotiating document and presented technical ideas that weren't fully developed and lacked significant detail. The two long-term approaches "are worth exploring fu... Read more...
LONDON -- The U.K. government proposed a far-reaching customs arrangement with the European Union that it said would eliminate the need for border checks on imports and exports after Brexit. The "new cust... Read more...
The UK government’s new position paper on future customs arrangements sets out its objectives for how goods trade with the EU will be governed following Brexit. However, as Thomas Sampson ... Read more...
"Altering Nafta could fundamentally change the production of the economy — for the U.S., as well as for Mexico — and that will be very disruptive," said Swati Dhingra, an economist at... Read more...
The latest concern unfolds this week, as the Trump administration begins to renegotiate the North American Free Trade Agreement, redrawing the terms of commerce with Mexico and Canada. “Altering NAFTA co... Read more...
Headteachers should have the power to ban mobile phones in schools, a Tory MSP has said. South Scotland MSP Michelle Ballantyne has urged the Scottish Government to overhaul its 2013 guidance on the use of mob... 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...
14 August 2017
A recent paper by Christian Hilber of the London School of Economics suggests that stamp duty reduces the rate of home moving by about a fifth. Related publications ‘Transfer Taxes and Household Mo... Read more...
Academics have claimed that the housing market is being adversely affected by stamp duty. According to research from the London School of Economics and the VATT Institute for Economic Research, the duty is det... Read more...
Uncertainty about a nation’s economic policies can influence both politics and financial markets, and the effects often spread beyond the country’s borders. Building on his research with Northweste... Read more...
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 rebalancing is long overdue. “Regional disparities are wider in the UK than other western European countries,” according to the London School of Economics’ Centre for Economic Performance. ... Read more...
12 August 2017
Professor Christian Hilber, who co-authored the report, said: "Stamp duty discourages young expanding families from moving to more adequate, larger housing and it discourages the elderly from downsizing. ... Read more...
11 August 2017
Current stamp duty rates are deterring older buyers from downsizing and therefore freeing up homes for those further down the housing ladder, but the research from the London School of Economics and the VATT I... Read more...
Present rates of Stamp Duty are putting older buyers off downsizing and stopping more homes coming onto the market for those at the bottom of the housing ladder. Research from the London School of Economics an... Read more...
By raising the costs of moving home, stamp duty is likely to have “very substantial detrimental effects” on the property market, according to research released this week by academics from the Londo... Read more...
Experts have predicted that Thanet would be the hardest hit area of Kent in a 'soft Brexit' scenario. A new study by the London School of Economics revealed that Thanet could lose £27.2 million &... Read more...
10 August 2017
Snippet: ... A report by the London School of Economics also claimed that stamp duty is making the housing crisis worse because it is deterring older homeowners from downsizing. Related publications ... Read more...
Snippet: ... "The important message for our paper is that the taxation has significantly hurt the liquidity," said Professor Christian Hilber, co-author of the report. Related publications &lsq... Read more...
Co-author of the report, Professor Christian Hilber, said: “The key message of our paper is that stamp duty hampers mobility significantly’… Related publications ‘Transfer Taxes ... Read more...
What if there is no deal? A “very, very bad outcome,” in the words of Chancellor of the Exchequer Philip Hammond. The U.K. would regain control of laws, money, immigration and ability to negotia... Read more...
People up and down the country can ill afford for silly season squabbles to distract us from the complexity of Brexit …amidst the summer politicking and parties, a new report by Centre for ... Read more...
The tax is stopping young families from moving to a larger home, a report says, and deterring older people from downsizing. Snippet: ...Professor Christian Hilber, who co-authored the report, said: "Th... Read more...
"The important message of our paper is that the taxation is significantly damaging to liquidity," said Professor Christian Hilber, co-author of the report. "" If a young family adds a filia... Read more...
09 August 2017
A cabinet minister, who apparently wishes to remain anonymous, has told the Daily Telegraph that stamp duty must be reformed as it is exacerbating the housing crisis, stopping older homeowners from downsizing.... Read more...
A study by the London School of Economics and the VATT Institute for Economic Research found Stamp Duty, or property transfer taxes, were making households less likely to move, particularly over shorter distan... Read more...
Snippet: ... Prof Christian Hilber, of the London School of Economics, tells the paper the key message from the research is that stamp duty hampers mobility significantly. Related publications ‘Tra... Read more...
Snippet: ... Prof Christian Hilber, who co-authored the report, said: “The key message of our paper is that stamp duty hampers mobility significantly. Related publications ‘Transfer Taxes and... Read more...
Snippet: ... Professor Christian Hilber, who co-authored the report told the Daily Telegraph: “The key message of our paper is that stamp duty hampers mobility significantly. Related publications &... Read more...
Snippet: ... Co-author of the report, Professor Christian Hilber, said: “The key message of our paper is that stamp duty hampers mobility significantly. Related publications ‘Transfer Taxes a... Read more...
Snippet: ... LSE Professor Christian Hilber said: "If you are a young family and you have an additional child, you'll need an additional room, but the stamp duty is discouraging this kind of move beca... Read more...
The academic paper, published jointly by the London School of Economics and the VATT Institute for Economic Research, estimates the level of home moving would increase by 27 per cent if the levy was abolished ... Read more...
A London School of Economics report in June showed that Britain was one of just three out of 28 countries that saw wages fall in real terms between 2007 and 2015. The only country where wages fell more... Read more...
However, research from the LSE and the VATT Institute for Economic Research suggests the human cost of stamp duty is even higher. It artificially reduces the rate at which people move by nearly one-third, it s... Read more...
08 August 2017
Antoine Dechezleprêtre and Misato Sato, Review of Environmental Economics and Policy, Volume 11, Issue 2, July 2017 ... Read more...
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...
A new study forthcoming in the journal Economic Policy, based on a trove of data from 33 OECD countries over a 12-year period (2002-2014), finds that prices paid by consumers are higher in more concentrated ma... Read more...
Snippet: ... A report from academics said stamp duty reduces the rate of home moving by nearly a third and meant that large homes were not being freed up for young, growing families. Related publications ... Read more...
In research just published in the journal Fiscal Studies, we examine teaching at UK universities in more detail than any study since the 1963 Robbins Report. We compared the teaching of Economics, History and ... Read more...
07 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...
Recent claims – made by Paul Cheshire, professor of economic geography at the London School of Economics – of an impending crash and a 40% fall in property values are “quite frankly outrageou... Read more...
Snippet: ... New Channel 5 show Make or Break puts couples through various tests - their first being to choose someone from another couple to share a bedroom with. Paul Dolan, a professor of behavioural scienc... Read more...
A lot of my time at work is given over to worrying fitfully about two things. One is cities policy. The other is Brexit. What could be more thrilling, then, than a report which combines those two topics into a ... Read more...
Research from the Bonn-based Institute of Labor Economics shows that the differences in individual workers’ pay since the 1970s is associated with pay differences between — not within — compa... Read more...
06 August 2017
In 2005 David Clark, a professor of psychology at Oxford University, and economist Richard Layard, a member of the House of Lords, concluded that providing therapy to people like Oliver made economic sense. &l... Read more...
Their research found that every local authority would be negatively affected under either scenario but concluded that the economic impact of leaving the single market and customs union would be around twice as... Read more...
A new report by think tank Centre for Cities and the Centre for Economic Performance (CEP) predicts Worthing will be on the places hit hardest by an expected downturn in trade after the country leaves the... Read more...
Snippet: Philip Hammond has said that if every region of the UK could match the productivity of London and southeast England, there would not be a productivity problem. The London School of Economics, which re... Read more...
in the last decade, the average amount of stamp duty charged per residential transaction has risen by 30% in real terms (though recent changes have lightened the load slightly for some). The need to pay thousa... Read more...
05 August 2017
A recent critical work on a study by Philippe Aghion [1] suggests a parallel (heroic) with Marx's considerations on innovation. This contribution, after having quickly pointed out the contradictions s... Read more...
Snippet: ... "I felt like I was sold the dream, but entered a nightmare^” And you may also recognise a familiar voice on the show, as it’s narrated by MasterChef’s voiceover artist India... Read more...
A little-noticed change in Britain’s housing market spells trouble for everybody Snippet: ...n has risen by 30% in real terms (though recent changes have lightened the load slightly). The need to pay ... Read more...
New research suggests that Slough will be among the top five UK urban areas to be negatively impacted by Brexit. A report by the London School of Economics Centre for Economic Performance and think tank Centre... Read more...
Number 10 said on 31 July that it would be “wrong” to suggest that EU free movement to the UK would “continue as it is now” after 2019. But Home Secretary Amber Rudd has said that EU na... Read more...
04 August 2017
MAC chairman, Professor Alan Manning, has been asked to produce interim reports to guide Home Office officials attempting to draw up a post-Brexit immigration regime that will bring an end to free movement but... Read more...
Britain’s most successful cities with large high-skilled service sectors will be hit hardest by the expected downturn in trade after the UK leaves the EU. Sadly, that means bad news for Aberdeen. A repor... Read more...
Researchers are divided on whether bad jobs are worse for wellbeing than unemployment, write Tony Beatton, Paul Frijters and Nattavudh (Nick) Powdthavee Given a generally stronger social norm for men to be ... Read more...
… David Clark, a professor of psychology at the University of Oxford, and economist Richard Layard, a member of the House of Lords, concluded that offering therapy to people like Oliver made economic se... Read more...
03 August 2017
In 2005 David Clark, a professor of psychology at Oxford University, and economist Richard Layard, a member of the House of Lords, concluded that providing therapy to people like Oliver made economic sense. ... Read more...
Basically the only American-born group that you could even plausibly argue are harmed is high school dropouts. This is a fairly tiny group, but it’s not even clear they are harmed. Research by the Univer... Read more...
BREXIT will damage the economic performance of Taunton Deane, according to new report. The Centre for Economic Performance believes the economy in the district will take a 1.2 per cent hit under a sort Br... Read more...
Snippet: ... Reading has come out third on a list of 10 towns in the UK most likely to be hit hardest by Brexit report of the London School of Economics says Dorsey a fall i... Related publications &lsqu... Read more...
02 August 2017
A new report put Reading in third place of areas worst hit by a hard Brexit A new report by the think tank Centre for Cities and the Centre for Economic Performance at the London School of Economics reveals... Read more...
Snippet: Many journalists have said the floodgates are now open for a lot of other countries to try and exit the EU including a big country like Spain. John Van Reenen of the London School of Economics called ... Read more...
Tackling the question, ‘What’s the future of work’, are: Professor David Graeber of LSE’s Department of Anthropology; Dr Aleks Krotoski, social psychologist, technology journalist and f... Read more...
01 August 2017
The UK’s Home Secretary Amber Rudd has commissioned a report on the impact Brexit will have on the UK labour market. A key sector for enquiry will be higher education, where 17% of academic staff are EU ... Read more...
The authors of the report, Naomi Clayton and Professor Henry Overman of the LSE’s Centre For Economic Performance, said: “All British cities are set to be negatively affected as a result of higher ... Read more...
Research done by Graetz and Michaels has shown that robots are contributing to historic production growth since their entrance into the manufacturing industries. Overall, it shows that between 1993 and 2007, r... Read more...
31 July 2017
…Rudd has commissioned a group of top economists, the Migration Advisory Committee (MAC), to investigate how the UK's future immigration system "should be aligned with a modern industrial strat... Read more...
The London School of Economics has published an analysis of the possible effects of a ‘hard’ and ‘soft’ Brexit on towns and cities all over the country. The report predicts that Swin... Read more...
New research suggests that too little competition deters investment Concentration may also hurt workers. Recent research by David Autor of MIT and four co-authors finds that “superstar” firms pa... Read more...
We are also now beginning to see why Scots voted 2:1 to remain in the EU. The thinktank Centre for Cities has predicted that Scotland’s major cities will suffer the worst consequences of Brexit, hard or ... Read more...
30 July 2017
In 2005, David Clark, a professor of psychology at the University of Oxford, and economist Richard Layard, a member of the House of Lords, came to the conclusion that it made economic sense to provide therapeu... Read more...
snippet… As can be seen, at the end of all this we have fallen into the trap, after accounting for the number of men and women. Is this relevant when it comes to funding an international scientifi... Read more...
Middlesbrough has been singled out as one of the places which could be hardest hit by Brexit. As the debate over the terms of the UK’s exit of the European Union continue to be debated, the potential ... Read more...
Brexit will hit hardest in the South of England, according to new research. But although the more prosperous cities of the South will lose the most, they will find it easiest to adapt. Aberdeen in the Nor... Read more...
29 July 2017
In findings released by think tank Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics, the potential impact of either Brexit "type" on major cities in t... Read more...
A horrifying study by the London School of Economics a few years ago showed that while mental illness accounts for nearly half of all ill health in the under-65s, only 25 per cent of those in need of treatment... Read more...
…Centre for Cities and the Centre for Economic Performance (CEP) at the London… Related publications ‘Brexit, Trade and the Economic Impacts on UK Cities’, Naomi Clayton and Hen... Read more...
Brexit will hit Scottish oil capital Aberdeen the hardest of all Britain’s cities, with London also ranking highly and facing a medium-term blow to economic output of as much as 2.6 percent, academics at... Read more...
28 July 2017
Article by Henry Overman: The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry ... Read more...
The historical growth in the service sector has created jobs for which women have a natural comparative advantage, write Rachel Ngai and Barbara Petrongolo ..There has been a vast amount of research on the ... Read more...
To the outsider (that is, the consumer), the property market is issuing mixed messages. In fact these are simply differences of opinion. Take, for instance, Professor Paul Cheshire at the London School of E... Read more...
Woking has the highest density of golf courses of anywhere in the UK at more than 10% According to The Guardian , Surrey has more land for golf courses than homes thanks to planning policies that ensure the... Read more...
The study by the Centre for Cities and the Centre for Economic performance at the London School of Economics found that cities with large high-skilled service sectors, such as business and financial services, ... Read more...
Smaller cities Crawley and Barnsley are predicted to have the lowest downturn in economic output of either a "hard" or "soft" Brexit, alongside cities like Hull and Wakefield. A new report ... Read more...
Aberdeen and Edinburgh are the cities set to take the biggest financial hit when the United Kingdom leaves the European Union, according to a think tank that predicts a downturn in trade even if ministers stri... Read more...
The impact of Brexit on Aberdeen’s economy will not be as bad as predicted, according to junior Brexit minister Robin Walker. Mr Walker was responding to a bombshell report from the Centre for Cities, wh... Read more...
…Evidence again that any form of Brexit will do more damage to Scotland’s farming sector than it will to the UK as a whole. At least the city economies will be OK though? Not a chance. The report ... Read more...
Aberdeen can rise to the challenge of finding news ways to boost the economy, politicians and industry leaders said today. The confident comments come despite a report yesterday that predicts Brexit will hit A... Read more...
Telford will be among the UK towns least-affected by a hard Brexit, a report claims – although economists today denied its suggestion that a lack of skills in the town will cushion the blow. Researche... Read more...
All areas of the North East would be hit by Brexit and may take longer to recover than other parts of the country, a new study says. The study by the Centre for Cities and the Centre for Economic Performance (... Read more...
Wealthy Southern cities are predicted to be hardest hit by Brexit, according to a new report. The study, by the Centre for Cities and the Centre for Economic Performance at the London School of Economics, foun... Read more...
A think tank analysed the potential impact of both a “hard” and “soft” Brexit on British cities in the 10 years following the implementation of new trade arrangements with the EU. It is... Read more...
She [Amber Rudd] told committee chairman, Professor Alan Manning, that during the transition period a “simple system for registering and documenting new arrivals” will be in place. ... Read more...
Elsewhere, the UK government announced on Thursday that it has commissioned a group of top economists to investigate the financial benefits of migration from the EU. The independent Migration Advisory Committe... Read more...
The rise of academies promised more power for schools - but, with government still clinging to the reins, heads haven't been able to raise standards as expected. However, this system may yet deliver - if m... Read more...
27 July 2017
A major study has been ordered by the British government to look at the economic impact of ending free movement of EU workers. The UK Home Secretary, Amber Rudd, wants to know whether some parts of Britain ... Read more...
The Migration Advisory Committee will embark on a major study into the role of 3.2million EU nationals in Britain's economy and society. Its "extremely important" work will look at patterns of mi... Read more...
Companies have been clamouring for clarity from the Government on the issue as the academic sector, agriculture, manufacturing and the hospitality trade all rely on large influxes of people to operate. The Con... Read more...
All cities in the UK are looking set to see a fall in economic output regardless of whether a ‘hard’ or ‘soft’ Brexit is delivered, experts have today warned – but more prosperous... Read more...
London and Edinburgh also ranked in the top ten list compiled by researchers at the Centre for Cities and the Centre for Economic Performance (CEP) at the London School of Economics. Related publications ... Read more...
Centre for Cities and Centre for Economic Performance analysis also places Edinburgh sixth in a top ten of urban conurbations hit most if the country fails to strike a deal with the EU. Related publications... Read more...
Aberdeen will be the hardest hit city in the UK by Brexit, according to a new report on the economic impact of withdrawal from the European Union (EU). Other cities or urban areas such as London, Slough and Ed... Read more...
Worthing is among the top ten towns that will suffer the most by Britain’s exit from Europe, according to a study that overturns assumptions that poorer areas of the UK will suffer the most. For the firs... Read more...
Cities that are successful and have large high-skilled service sectors, mainly located in the south of England, will be hit the hardest by Brexit, whether it is ‘hard’ or ‘soft’. A repo... Read more...
A new report today named Aberdeen as the UK city predicted to be the worst-hit by a so-called hard Brexit. London and Edinburgh also ranked in the top 10 list compiled by researchers at the think tank Centre f... Read more...
Research done by the Centre for Economic Performance (CEP) at the London School of Economics and the Centre for Cities predicted an economic downturn of 3.7 per cent for Aberdeen and 2.7 per cent in Edinburgh ... Read more...
The joint Centre for Cities and Centre for Economic Performance study predicts that Bristol’s economic output will decrease by up to 2.6 per cent – the 11th worst-hit city in the country. However, ... Read more...
The LSE’s Centre for Economic Performance (working with the Centre for Cities think tank) has carried out a study shedding light upon the local economic impact of Brexit. Henry G. Overman writes that it ... Read more...
Snippet: News that Swindon could be one of the cities worst hit by Brexit Click to open Related publications ‘The Local Economic Effects of Brexit’, Swati Dhingra, Stephen Machin and Henry ... Read more...
Perhaps the public knew that Brexit would drain their wallets, but voted for it anyway. Sometimes it’s not the economy, stupid. But Simon Wren-Lewis, of Oxford University, rubbished this idea, pointing o... Read more...
The home secretary, Amber Rudd, is to commission the independent Migration Advisory Committee to carry out a detailed analysis of the economic and social contributions and costs of EU citizens in Britain. The ... Read more...
The two economists, Emma Duchini and Clémentine Van Effenterre, who speak in the "World", believe that this reform did not take into account the interest of parents, especially mothers. ... Read more...
A NEW report has named Aberdeen as the UK city predicted to be the worst-hit by a so-called hard Brexit. Edinburgh also ranked in the top 10 list compiled by researchers at the think tank Centre for Cities and... Read more...
Towns and cities in the South of England will be hit hardest by Britain’s exit from Europe, according to a study that overturns assumptions that poorer areas of the UK will suffer the most. Researchers a... Read more...
Aberdeen and Edinburgh are the cities set to take the biggest financial hit when the UK leaves the European Union, according to a think tank that predicts a downturn in trade even if ministers strike a “... Read more...
Article by Henry Overman I've been working with colleagues at the Centre for Economic Performance (Swati Dhingra and Steve Machin) and the Centre for Cities (Naomi Clayton) to take a first look at the l... Read more...
Aberdeen could be the city worst hit by falling economic output due to a "hard" Brexit, experts have predicted. A new report from the Centre for Cities and the Centre for Economic Performance at t... Read more...
Consider the timescale: the Migration Advisory Committee (MAC) is made up of one chairman (Professor Alan Manning from the London School of Economics) and three independent economists who now have to commissio... Read more...
Paul Cheshire, Professor of Economic Geography at the LSE, says house prices could crash by 40 percent. His colleague Christian Hilber explains: ‘If Brexit leads to a recession and/or sluggish growth for... Read more...
26 July 2017
While the Prime Minister seems to understand that trade with the European Union is sizeable, she also seems to be under the illusion that Britain can pick and choose during the Brexit negotiations. L... Read more...
These two narratives needn’t be completely at odds. As I concluded in a piece last year on the debate over too much versus too little competition: There’s a pessimistic synthesis between the com... Read more...
25 July 2017
Article by Jonathan Wadsworth The issue of public sector pay went centre-stage recently in the debate over whether to lift the public sector pay cap. Presumably one of the key factors, alongside where the r... Read more...
In a new study 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... Read more...
24 July 2017
In 2005 David Clark, a professor of psychology at Oxford University, and the economist Richard Layard, a member of the House of Lords, concluded that providing therapy to people like Oliver made economic sense... Read more...
Although workforces are becoming more spread out and technologies such as videoconferencing are making workplaces more fluid, employees who work exclusively from home are still getting a bad rap. Their jobs ar... Read more...
Sudden inflows of refugees have been shown to have little or no impact on native wages, but recent research has challenged this consensus, using instrumental variables to show uniformly large detrimental effec... Read more...
21 July 2017
Dennis Novy was live on the show. The topic was the ongoing Brexit negotiations between the UK and the EU in Brussels, and in particular what the potential outcome might be for Britain’s economy an... Read more...
An influential strand of research has tested for the effects of immigration on natives’ wages and employment using exogenous refugee supply shocks as natural experiments. Several studies have reached con... Read more...
Article by Sandra McNally The UK’s productivity suffered a shock in 2008 from which it has not recovered, and the ‘skills problem’ needs to be addressed. Within the context of a broader in... Read more...
The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive”, according to a new report featuring LSE experts. Related publications ‘The C... Read more...
Homeowners living in leasehold properties are being asked to pay extortionate prices to extend the leases on their homes. That’s the conclusion of the London School of Economics and Political Science (LS... Read more...
Professor Alan Manning, Chair of the Migration Advisory Committee and Professor of Economics, London School of Economics and Lord Layard member of the Economic Affairs Committee… Related publications... Read more...
The digital economy is exacerbating the capital-labour disparity in global markets. A new competition authority with global remit is needed to reset the balance And, as the economists David Autor, David Dor... Read more...
20 July 2017
The consequences of the UK failing to reach a deal with the EU will be “widespread, damaging and pervasive”, according to a new report featuring LSE experts. ... Read more...
Brexiteers rejected the Treasury’s projections for the cost of Brexit last year as “project fear”. But the Centre for Economic Performance at the London School of Economics has remodelled the... Read more...
Article by Thomas Sampson: The most welcome aspect of the government’s policy paper on future customs arrangements is its acknowledgement of the desirability of a transition agreement after the UK leaves... Read more...
19 July 2017
Graph credit: Graetz and Michaels, “Robots at Work" - taken from the Brookings Institute article located here- which manages to interpret data from the Graetz and Michaels study rathe... Read more...
Reference to Paul Cheshire on possible house price collapse. Click to open ... Read more...
Bloomberg News asked seven market commentators to predict what they expected next in London’s £1.6-trillion housing market. Paul Cheshire, professor of economic geography at the London School of... Read more...
The Education Policy Institute (EPI) has published a new paper examining the impact of academies on educational outcomes. The comprehensive report brings together EPI’s own analysis, along with research ... Read more...
But it seems that the assumption is just a false assumption-if it can not be wrong. In fact, reported Inc.com report on Tuesday (07/17/2017), Professor Nicholas Bloom as an economist from Stanford recently exp... Read more...
18 July 2017
But what many ignore or is difficult to accept, is that when working from home, productivity increases. The latest statement is reflected in a study by Nicholas Bloom, a researcher at Stanford University, who ... Read more...
Trump and Brexit are rapidly becoming the main threat to the upturn. Once the downturn begins, all fingers will point to them. But the real causes lie somewhere else: Stanford economist Nicholas Bloom points t... Read more...
Discussion on possible housing crash – mention of Paul Cheshire. Click to open ... Read more...
Businesses that rely on low-skilled EU labour may face hiring difficulties, writes Jonathan Wadsworth. He argues that post-Brexit work visa quotas on EU nationals will probably favour graduates. Relate... Read more...
The government’s recent paper on future customs arrangements sets out its objectives for how goods trade with the EU will be governed following Brexit. However, as Thomas Sampson outlines below... Read more...
17 July 2017
A recent study by Erling Bath, Alex Bryson, James Davis, and Richard Freeman showed that the diffusion of individual pay since the 1970s is associated with pay differences between, not within, companies. The S... Read more...
Article by Nikhil Datta and Swati Dhingra The economies of Europe and the United States are inextricably linked and in an ideal world, a number of factors motivate a trade deal such as the Transatlantic Tra... Read more...
16 July 2017
Nicholas Bloom, a professor at Stanford University, was interested in the phenomenon of working from home, a particular mode of work that allows employees of a company to stay at home rather than going into sp... Read more...
A similar trend can be observed at the organizational level. A recent study by Erling Bath, Alex Bryson, James Davis and Richard Freeman has shown that the spread of individual wages since the 1970s is linked ... Read more...
14 July 2017
Brexit and higher tax has had a particularly negative impact on the market in well-heeled inner London areas, some of which have seen prices fall sharply over the past 18 months or so, as they absorb the stamp... Read more...
Paul Cheshire, professor of economic geography at the London School of Economics, says that a house price correction, or significant fall in prices, is likely within the next two or three years. This is partly... Read more...
IFR quoted OECD's research results. Companies that introduced innovative technology said they are more productive than 2-10 times more than companies that do not. Also cited a study by Graetz and Michaels ... Read more...
13 July 2017
Article by Giuseppe Berlingieri, Patrick Blanchenay and Chiara Criscuolo The corporate landscape has become increasingly unequal, with the most productive firms thriving and the least productive ones failin... Read more...
Nicholas Bloom, a professor at the Stanford Graduate School of Business, conducted a study on a large, multi-thousand research group: employees of a Chinese travel company Ctrip. Have not you heard of her? Not... Read more...
12 July 2017
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...
In the world of business and economics, there’s a bit of a fixation on uncertainty. To start, there's the VIX, a measure of investor fear, that tracks expected volatility in the markets. But the... Read more...
Working from home gets a bad rap. Google the phrase and examine the results—you’ll see scams or low-level jobs, followed by links calling out “legitimate” virtual jobs. But Stanford Gra... Read more...
The same report by academics (John F. Helliwell, Canadian Institute for Advanced Research and Vancouver School of Economics Richard Layard, Director, London School of Economics, Jeffrey D. Sachs, Columbia Univ... Read more...
“There are bigger potential gains from doing a deal with Europe than with the U.K. on its own, just because Europe is a bigger market,” said Thomas Sampson, an economist at the Centre for Economic ... Read more...
Letter from Edwin Loo, Singapore Singapore is one of only a few jurisdictions in the world to have successfully implemented a comprehensive system of land value capture through betterment taxes and revenues... Read more...
“There are bigger potential gains from doing a deal with Europe than with the UK on its own, just because Europe is a bigger market,” said Thomas Sampson, an economist at the Centre for Economic Pe... Read more...
11 July 2017
According to the report of "The Impact of Robots on Productivity, Employment and Jobs" published by the International Robot Federation (IFR) recently issued by the Korea Robot Industry Promotion Agen... Read more...
People may be paying too high a price to extend the leases on their homes according to new research from the LSE. The research, forthcoming in The Economic Journal(1), suggests that current leasehold extension... Read more...
'Since 1993, rate of home ownership among Brits aged 20-29 has declined from 50% to only 20%, @CEP_LSE research… https://t.co/UiapxN8Rkf'. Mike Gapes Retweeted Romesh Vaitil... Read more...
09 July 2017
Snippet: ... signs of faltering market with a slight drop in house prices month on month quarter-on-quarter but they're still up on a year ago a man quoted in many areas house prices crash stories was Prof... Read more...
Professor Paul Cheshire, who has advised the Government on housing policy, said: 'We are due a significant correction in house prices. I think we are beginning to see signs that correction may be star... Read more...
Speaking last week, Paul Cheshire, a former government housing adviser, also warned that the property market could tumble. ‘We are due a significant correction in house prices. I think we are beginning t... Read more...
Paul Cheshire, professor of Economic Geography at the London School of Economics, said: “We are due a significant correction in house prices. “I think we are beginning to see signs that correcti... Read more...
Paul Cheshire, professor of economic geography at the London School of Economics, made headlines last weekend by warning that house prices could be heading for “a significant correction” — of... Read more...
House price data has so far suggested a softening in the market rather than a crash. However, The Mail on Sunday last weekend reported that Britain could be on the brink of a major 1990s-style house price coll... Read more...
Newspaper headlines this week have been shouting about a crash in the housing market. Massive collapse! Property prices could plunge! We hear from the man quoted in many of those stories, Professor Paul Cheshi... Read more...
08 July 2017
Paul Cheshire, emeritus professor of economic geography at the London School of Economics, told Building: “There’s likely to be a downward correction of house prices, primarily because of decl... Read more...
07 July 2017
On the fifth list that I use for the rankings of the Netherlands increased rankings again though. Dutch were something happier and are now a position higher, at place 6 of the Happiness index of economists Ric... Read more...
At which point a little thumbnail sketch of what we're worried about in the US labour market. Traditionally the US has had very little long term unemployment. Sure, the general rate rose in recessions, fel... Read more...
Several empirical studies have sought to determine whether recent technological advances have reduced the aggregate demand for work or hindered wage growth. For example, Terry Gregory, Anna Salomons and Ulrich... Read more...
There are many benefits to putting happiness at the centre of business and policy decisions, says economist Jan-Emmanuel De Neve, a professor at the University of Oxford’s Said Business School. He points... Read more...
06 July 2017
At the G7delle University, which took place recently in Udine, "I talked about the role of universities – concluded sun-in the development of the economic revival of the internal areas, as demonstra... Read more...
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...
According to a study by the London School of Economics (LSE), with the participation of the Organization for Economic Cooperation and Development, most human misery is not due to economic factors, but to faile... Read more...
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
In the July episode of the #LSEIQ podcast we ask, ‘What can Brexit tell us about the white working class?’ One year on from the European Referendum, this demographic has been scrutinised for their ... Read more...
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...
Observing 17 European countries, Georg Graetz and Guy Michaels (2015) estimate that the diffusion of industrial robots has stimulated labor productivity, value added, wages and overall factor product... Read more...
04 July 2017
9 o'clock if you have a health read then you can call us now and takes more calls as well on this issue of people fleeing the NHS but before that Sir rumours are continuing to circulate of the cra... Read more...
Two leading economics professors have warned that the UK housing market is on the brink of a 40% collapse, echoing the early 1990s property crisis. “We are due a significant correction in house pric... Read more...
Professor Paul Cheshire predicts London property is long overdue a price correction. But could values really fall 40 per cent and bring about the return of 1990s scale negative equity? ... Read more...
Two leading economics professors have warned that the UK housing market is on the brink of a 40% collapse, echoing the early 1990s property crisis. "We are due a significant correction in house price... Read more...
Construction of McMansions has also increased but people who have smaller homes near where McMansions are built are much, much unhappier with their homes, according to a paper published in the spring by resear... Read more...
Homeowners could see a sharp drop in the value of their houses because of Brexit paired with the wage drop, a London School of Economics professor predicts. Prices could fall almost 40 per cent and even put ho... Read more...
03 July 2017
House prices may be on the brink of a severe crash, according to a former government housing adviser. Paul Cheshire, professor of economic geography at the London School of Economics, told The Mail on Sunday t... Read more...
Prof Christian Hilber from the LSE said: ‘If Brexit leads to a recession and/or sluggish growth for extended periods, then an extended and severe downturn is more likely than a short-lived and mild one.&... Read more...
02 July 2017
Olivier Marie and Ulf Zölitz ... Read more...
Snippet: there are already warning signs that prices are heading toward a near 40% plunge Paul Cheshire Professor of economic geography at the London school of economics while here to debunk... Click to open ... Read more...
Leading economists have warned that the UK is heading for a collapse in house prices not seen since the early 90s which risks plunging homeowners into negative equity. "We are due a significant correction... Read more...
House prices could plummet by almost 40 per cent as Britain faces a crash similar to that in the 1990s, a leading professor at the London School of Economics has warned. A possible Brexit -sparked recession co... Read more...
A study by Zack Cooper, Martin Gaynor and John Van Reenen — economists at Yale, Carnegie Mellon University, and the London School of Economics, respectively — concludes that lack of competition and... Read more...
House prices are teetering on the brink of a crash that could be as bad as the bust of the early 1990s, a leading expert has warned. There are already warning signs that prices are heading towards a near 40 pe... Read more...
01 July 2017
The average employee in the finance industry loses more than 20 minutes per day of productive time to faulty IT. This is ironic in a sector which has always been proud of its trail-blazing attitude to be an ea... Read more...
30 June 2017
…but analyses, London School of Economics, growth commission report pointed out the lack of a comprehensive and coherent, long-term industrial strategy from the UK Government had actually contributed to... Read more...
29 June 2017
In research appearing this week in Nature Human Behaviour, Kirk Bansak, Jens Hainmueller and Dominik Hangartner of Stanford’s Immigration Policy Lab asked 18,000 European citizens their opinions on the i... Read more...
28 June 2017
Article by Dr Swati Dhingra What form of relationship to have with the EU after Brexit is the key economic policy issue facing the UK. This election was meant to give the prime minister a strong mandate for... Read more...
Article by Thomas Sampson One year ago, the UK voted to leave the EU. However, voters did not choose what would come after Brexit. Options for “life after Brexit”: One option is to rema... Read more...
Under May's argument, Britain would drop out of the EU, immediately reverting to unfavourable WTO trade terms, if the country's negotiators failed to get an agreement seen as having favourable terms fo... Read more...
27 June 2017
Businesses that rely on low-skilled EU labour may face hiring difficulties, writes Jonathan Wadsworth Had things gone as most commentators expected, the UK would now be entering hard Brexit talks with the n... Read more...
The 25th Arrow Award for the best paper in health economics is awarded to Martin Gaynor, Carol Propper, and [CEP Alumni] Stephan Seiler for their paper “Free to choose? Reform, choice and considera... Read more...
“We asked people what kind of asylum system they want and what kind of asylum system they believe is fair, because back then [in 2016 when the survey was conducted], and still now, it is obvious that the... Read more...
26 June 2017
As has become the tradition for our last post of the academic year, we’re featuring summer reading recommendations from special people at LSE. This year, two winners of the LSESU Teaching Excellence Awar... Read more...
Article by John Van Reenen with Christina Patterson Perhaps the cause is the "robbery-Apocalypse Now," that companies are replacing expensive people with cheaper machines. We suggest another... Read more...
Encouraging better work-life balance does not lead to higher productivity, academics at London School of Economics found. Neither does forcing workers into miserable servitude. Related publications &lsqu... Read more...
There are other consequences of using mobile phones as well. A research published by London School of Economics argues that banning pupils from carrying mobile phones in schools showed a sustained improvement ... Read more...
25 June 2017
Among the matters at stake in those talks, which began in Brussels last Monday, is whether London can maintain its status as a global hub for finance after Brexit or be forced to watch as business flows to the... Read more...
“There will be a lot of political pressure to get as much of the finance industry moved to the EU as possible,” said Tom Kirchmaier, a fellow in the financial-markets group at the London School of ... Read more...
23 June 2017
What explains this persistence? The results of our recent work suggest some considerations. The evolution of economic activity throughout the country has systematically favoured at the expense of other area... Read more...
In a recent working paper presented by MIT, John Van Reenen and his co-authors document a clear global trend towards the fall in the share of income from Labour in total income. ... Read more...
In the days since the fire, Grenfell Tower has been held up as a tragic symbol of the social ills facing Britain: a detached political class; nearly seven years of a government-led austerity program that has s... Read more...
Nick Bloom – a Stanford GSB expert shows how companies and employees benefit from workplace flexibility. Related publications Does working from home work? Evidence from a Chinese experiment, Nichol... Read more...
22 June 2017
Stanford Graduate School of Business professor Nicholas Bloom says requiring employees to be in the office is an outdated work tradition, set up during the Industrial Revolution. Such inflexibility ignores tod... Read more...
"It's not a catastrophic madness, but the pound fell, investments decreased and inflation reached the highest rate in four years," said Swati Dhingra, economist at the Center for Economic Perform... Read more...
‘It’s not crazy catastrophic stuff, but the pound has fallen, investment is down, and inflation is up to a four-year high,” said Swati Dhingra, an economist at the Center for Economic Perform... Read more...
Swati Dhingra, of the LSE, said: “There is near consensus among economists that the hard – or chaotic – form of Brexit…would hurt the UK economy. Although there was little immediate ec... Read more...
High-speed rail has triggered a wave of innovation , according to a London School of Economics and Political Science discussion paper by Lin Yatang, Qin Yu and Xie Zhuan, which describes a 20 per cent increase... Read more...
21 June 2017
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...
Many commentators are throwing out numbers about the negative impact of Brexit on GDP growth and income across Europe. The Center for Economic Performance has concluded that every EU member will lose income af... Read more...
20 June 2017
BrexitAlors que les négociations sur le Brexit s'ouvrent lundi, quel sort attend les plus de 3,6 millions d'Européens au Royaume-Uni?/ BrexitAlors that the negotiations on the Brexit open... Read more...
19 June 2017
Some also accuse European immigrants of having contributed to lowering wages. But according to Jonathan Wadsworth, author of a report on the subject for the London School of Economics, "All studies show t... Read more...
18 June 2017
Another recurring argument is that immigrants lower wages, a thesis that resists analyses. "All studies show that immigration has no impact on the wage level, or has it in a very marginal way," insis... Read more...
17 June 2017
Some also accuse the European immigrants have contributed to depress wages. But according to Jonathan Wadsworth, author of a report on the subject for the London School of Economics, "all the studies show... Read more...
Of made, in one of the pioneers on the subject drawn up by Georg Graetz and Guy Michaels in 2015 and in which analyzed data from 17 countries advanced from 1993 to 2007, found that, as seen in the following im... Read more...
16 June 2017
The Impact Factor is the average number of times articles from the journal published in the past two years have been cited in the JCR year. The Impact Factor is calculated by dividing the number of citations i... Read more...
‘EU referendum: One year on’. Report from The UK in a Changing Europe and the Political Studies Association, June 2017 Articles within the report: ‘Trade and the Single Market’, T... Read more...
In fact, in one of the pioneering works on the topic developed by Georg Graetz and Guy Michaels in 2015 and analyzing data from 17 advanced countries from 1993 to 2007, find that, as seen in the following imag... Read more...
By Philippe Aghion and Benedicte Berner Emmanuel Macron’s one-man revolution in French and European politics continued this weekend, as he will soon be able to add a huge parliamentary majority ... Read more...
15 June 2017
France and Spain sense an opportunity as top professors seek employment outside Britain Luis Garicano arrived in the UK a decade ago to take up the role of professor of economics and strategy in the departm... Read more...
Theresa May and the Tories’ ‘wage pain’ is leaving millions of people struggling to make ends meet warned Britain’s largest union, Unite as official figures out today (Wednesday 14 June... Read more...
14 June 2017
Snippet: ... Analysis from the London School of Economics shows that constituents with more young voters experienced marked increases in turnout compared to the 2015 election. Similar analysis has shown that t... Read more...
Article by Philippe Aghion and Benedicte Berner Emmanuel Macron’s one-man revolution in French and European politics continued this weekend, as he will soon be able to add a huge parliamentary majorit... Read more...
13 June 2017
But this election turned out to be much more than Brexit. “Economics is as much about humanity as policy”. Professor Swati Dhingra of the London School of Economics, in her article Salvaging Brexit... Read more...
Interview with Luis Garicano, head of citizen economy The same day he participates in a conference on the impact of Brexit at the Rafael del Pino Foundation, Luis Garicano (Valladolid, 1967) announces his p... Read more...
11 June 2017
Article by Thiemo Fetzer That the Labour party got 40% of the vote – against all odds – is being attributed to a higher turnout among young voters. Thiemo Fetzer‘s analysis finds that olde... Read more...
Brexit supporters replicate that immigrants ' additional pressure on housing, schools and hospitals is not considered. Another recurring argument is that immigrants lower wages, a thesis that resists analy... Read more...
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...
Article by Henry Overman The elections are barely behind us now, and we should keep asking the question, ‘What are the economic forces polarising the UK?’ A big part of the story concerns the ge... Read more...
09 June 2017
Snippet: ...ana. “Without a strong mandate, Europe can ignore the UK’s demands. Even the UK’s threat to pull out of negotiations will now appear hollow and lacking the support of the British ... Read more...
Luis Garicano, a professor of Economics and Strategy in London, said he feared a lack of British tourists would hugely impact Spain's economy. Speaking at a Brexit conference in Spain, the professor said t... Read more...
08 June 2017
A year ago, in June 2016, the British voted on their country's EU membership. Economists and financial markets were in bright turmoil and warned of the consequences of a Brexit. Today, twelve months later,... Read more...
erall, the Centre for Economic Performance (CEP) calculates, it would be best for the British economy to remain in spite of Brexit part of the EU's common market. This, too, would incur costs, but in the c... Read more...
The London School of Economics (LSE) has published a report assessing all of the party manifestos and how respective policies will affect key voter issues. Intended to be "objective, brief and non-tech... Read more...
According to Dennis Novy, Associate Professor of Economics at the University of Warwick: “TTIP has the potential to benefit millions of consumers. It goes far beyond an economic project. Its current time... Read more...
07 June 2017
“Just as the US military has become more decentralized, letting soldiers on the ground in Afghanistan and Iraq make more decisions than they would have in Korea or in Vietnam, so are the best firms decen... Read more...
SOME time ago Paxman's questions to Mrs May exposed effectively how ineffective she had been at the Home Office in dealing with immigration. She could not explain how Conservative policy has completely fai... Read more...
06 June 2017
A new paper – by David Dorn of the University of Zurich, Lawrence Katz of Harvard University, and David Autor, Christina Patterson, and John Van Reenen of the Massachusetts Institute of Technology &ndash... 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...
Article by Swati Dhingra Unlike some other countries – the US and France spring to mind – trade has not been a major issue in recent UK elections. This reflected both EU membership and a broad p... Read more...
The London School of Economics’ (LSE) Centre for Economic Performance last year found that “the areas of the UK with large increases in EU immigration did not suffer greater falls in the jobs and p... Read more...
Mrs May still seems to suggest that immigration should be kept under 100,000 a year while being just about the only person in the country who thinks that number should include students. Damage to university nu... Read more...
Demography and education are a much better explanation of the ‘Leave’ vote in the June 2016 Brexit referendum than the decline in public services or recent immigration. These are the conclusions of... Read more...
Woman’s Hour: Emily Thornberry ‘Finds brief in handbag’ after last-minute appearance in place of ‘unwell’ Diane Abbot Rudd also claimed that cutting numbers of police officers ... Read more...
This collection of 18 essays by leading economists highlights many of the most pressing domestic and international economic policy issues on the Trump docket. Many chapters are sharply critical of the Tr... Read more...
05 June 2017
Article by Nicholas Bloom Translating the economic principles into common language is the passion of Nicholas Bloom, who describes his work as "bar economics" or "concepts that I can explain ... Read more...
According to a London School of Economics (LSE) paper, Brits were the worst off when it came to their real wages, with pay falling by more than five percent between 2007 and 2015. Researchers for the presti... Read more...
The LSE's Centre for Economic Performance said that returning to World Trade Organization rules would reduce the UK's trade with the EU by 40% over 10 years. Related publications CEP Election Ana... Read more...
Following years of government budget cuts, parents are now turning to crowdfunding websites in order to provide basic school supplies. Appeals have been launched on websites including Justgiving.com for online... Read more...
Brexit In fact is a trauma that breaks the vertical chain of production of the value that ties the United Kingdom to the EU, with consequences not apparent immediately. Quantifying these costs is therefore a d... Read more...
The UK has suffered the biggest drop in average real wages of any OECD country except depression-wracked Greece, according to a pre-general election analysis published by the London School of Economi... Read more...
Firstly, there is simply no evidence that EU immigration has impacted negatively on the living standards of UK workers. A new study by the London School of Economics (LSE) has shown that there is no apparent l... Read more...
04 June 2017
The election uncertainty will give way to new uncertainties. Two new reports from the Centre for Economic Performance (CEP) at the London School of Economics highlight some of the dangers. On immigration, the ... Read more...
Article by Claudia Olivetti and Barbara Petrongolo. Family-oriented policies – such as parental leave, childcare support, and flexible work arrangements – are in place in all high-income countries,... Read more...
03 June 2017
The need to give the North a boost was highlighted by a new study by the Centre for Economic Performance, part of the London School of Economics, which said the Government’s Northern Powerhouse project h... Read more...
Most independent experts predict long-term harm as well. According to the most recent estimates from the Centre for Economic Performance at the London School of Economics, a hard Brexit would reduce GDP per he... Read more...
A recent study by the London School of Economics has blown apart a number of key myths around migration, saying: “Immigrants pay more in taxes than they take out in welfare and use of public services. UK... Read more...
02 June 2017
Article by Luis Garicano DONALD TRUMP and Theresa May may have done more to push Europeans together, and open up an opportunity for reform of its institutions, than any pro-European American president or Br... Read more...
Leaving the European Union with no deal in place for future trading arrangements would be the worst-case Brexit scenario for the UK economy. What’s more, just because GDP growth has not declined since la... Read more...
So the prime minister may have to choose between risking the economy (immigrants keep living standards up and the deficit down according to the London School of Economics) or missing her target. ... Read more...
01 June 2017
BREXIT has already started to make UK citizens poorer and more pain is likely in the months and years to come, a new study has warned. Although last year’s vote to quit the European Union has had “... Read more...
Although last year’s vote to quit the European Union has had “no obvious effect” on GDP growth, the collapse in the value of the pound – down 13 per cent against the US dollar and nine ... Read more...
A report by the LSE's Centre for Economic Performance said that returning to World Trade Organization rules would reduce the UK's trade with the EU by 40% over 10 years…Report authors Swati Ding... Read more...
Although last year's vote to quit the EU has had "no obvious effect" on GDP growth, the collapse in the value of the pound - down 13% against the US dollar and 9% against the euro by the end of l... Read more...
31 May 2017
Includes in the roundup: ‘Is Modern Technology Responsible for Jobless Recoveries?’, Georg Graetz and Guy Michaels, American Economic Review, May 2017 Abstract: Since the early 1990s, reco... Read more...
Further reading Brexit and the UK Economy There are many ways to leave and the referendum did not allow voters to choose between them — Brexit does not simply mean Brexit. (LSE Centre for Economic Per... Read more...
May’s insistence that “no deal is better than a bad deal” is wrong, according to a report by the Centre for Economic Performance…. “In practice the no-deal outcome, where the ... Read more...
According to the Centre for Economic Performance, leaving the European Union with no pact in place would have twice the negative economic impact as remaining in the single market. That’s at odds with Pri... Read more...
Although last year’s vote to quit the EU has had “no obvious effect” on GDP growth, the collapse in the value of the pound – down 13% against the US dollar and 9% against the euro by th... Read more...
All of the UK’s main political parties now highlight the importance of an ‘industrial strategy’ with the aim of improving economic growth and achieving more balance in how its gains are distr... Read more...
30 May 2017
Bank of England Monetary Policy Committee claims that nominal wage growth will return close to 4% by 2019 are "rather implausible and over-optimistic", according to two respected academics at the Cen... Read more...
The LSE study also states that immigration is not to blame for lower pay and prospects of low skilled workers. Academics behind the research said lower pay and prospects for UK workers was the result of the 20... Read more...
Article by Philippe Aghion What Macron likes about the Scandinavian model is that it combines a high degree of flexibility in the labor market with the encouragement of innovation and with high levels of so... Read more...
28 May 2017
Article by Gianmarco Ottaviano …at the G7 in Taormina, an extraordinary thesis was presented to the international community. According to the new US presidency, from the liberalization of internation... Read more...
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
Jonathan Wadsworth and colleagues at the London School of Economics showed convincingly that across UK local authorities from 2008-15, EU immigrants had no statistically significant impact on the rea... Read more...
26 May 2017
Article by Ross Levine; Yona Rubinstein ISSN 0033-5533, EISSN 1531-4650. Related publications ‘In brief...'Smart and illicit': the making of a successful entrepreneur’ R... Read more...
25 May 2017
The parties all recognised funding shortfalls, rising costs, demographic pressures, increased expectations, and changes in health technology and medical practice, the London School of Economics Centre for Econ... Read more...
As the economists David Autor, David Dorn, Lawrence F. Katz, Christina Patterson, and John Van Reenen show, the US industries with the fastest-growing market concentration have also seen the largest drop in la... Read more...
24 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
Increases in policy uncertainty "foreshadow declines in investment, output and employment in the United States," according to the developers of the Economic Policy Uncertainty Index, professors Scott... Read more...
Today’s superstar companies owe their privileged position to digital technology’s network effects, whereby a product becomes even more desirable as more people use it. And although software plat... Read more...
Breaking down the cloud of uncertainty brought about by Brexit into manageable bite-sized pieces was the objective of panelists at this afternoon’s London Wine Fair industry briefing. A panel of industry... Read more...
Article by John Van Reenen and Christina Patterson In most countries, labor’s share of the national income has declined for about three decades. Why? Maybe the cause is “Robocalypse Now”&m... Read more...
21 May 2017
In episode #002 Dr Sam Baars talks to George Duoblys. They ask do faith schools perpetuate social social segregation? Is focusing on white working class boys helpful? Do Ofsted’s gra... Read more...
19 May 2017
Snippet: ... artifice follows on life it is my 2nd point the question that the media should be asking the Tories there are countless countless reports the OBR the report I FF John comport system works and Worl... Read more...
18 May 2017
Article by Nattavudh Powdthavee, Yohanes E. Riyanto and Jack L. Knetsch Economists are judged on both the number of times they publish and where they publish. Yet very little is known about the impact on re... Read more...
As the economists David Autor, David Dorn, Lawrence F. Katz, Christina Patterson and John Van Reenen show, the US industries with the fastest-growing market concentration have also seen the largest drop in lab... Read more...
17 May 2017
In the period 1993-2007, Graetz and Michaels found that in 14 industries in 17 developed countries including Australia, industrial robots increase labour productivity, total factor productivity and wages. They... Read more...
There is an extensive economic research literature on immigration and crime. Two of the international Authorities are Brian Bell (Oxford University) and Stephen Machin (LSE). Sanandaji also re... Read more...
Article by Nicholas Bloom, Erik Brynfolfsson, Lucia Foster, Ron Jarmin, Megha Patnaik, Itay Saporta Eksten and John Van Reenen Disentangling the relationship between management practices and productivity ha... Read more...
Article by Sandra McNally It is well known and acknowledged in the government’s Industrial Strategy that Britain has a skills problem: ‘We have a shortage of technical-level skills and rank 16th... Read more...
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...
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...
‘The first of these studies uses an industry-level robotics dataset to estimate the impact of the implementation of industrial robots on wages, productivity nd working hours from the 1990s to 2007 ... Read more...
14 May 2017
Recommends: Jobless recoveries: Exploring technology’s role – Georg Graetz, Guy Michaels - 13 mei Recoveries from recessions in the US used to involve rapid job generation, but job growth has... Read more...
Article by Georg Graetz and Guy Michaels. Article originally published at VoxEU, Saturday 13 May Recoveries from recessions in the US used to involve rapid job generation. During the 1970s and 1980s, the fi... Read more...
Claudia Hupkau, Sandra McNally, Jenifer Ruiz-Valenzuela and Guglielmo Ventura DOI: 10.1177/002795011724000113 Related publications Post-Compulsory Education in England: Choices and Implications Claudi... Read more...
12 May 2017
Georg Graetz and Guy Michaels, DOI: 10.1257/aer.p20171100 Related publications In brief... Is technology to blame for jobless recoveries? Georg Graetz and Guy Michaels. Article in CentrePiece Volume 2... Read more...
In 2015 by Georg Michaels[SIC] and Guy Graetz [SIC] published evidence from a dataset of companies in 17 countries gathered between 1993 and Subject articles 30 CLR News 1/2017 2007. They suggest that, while p... Read more...
New research shows that the rise of ever-larger firms means that workers are getting a shrinking slice of a slower-growing economic pie. Increasingly, labor accounts for less and less of GDP in most co... Read more...
11 May 2017
Article by John Van Reenen and Christina Patterson In America, labor’s share has been on the decline for about three decades, and it has accelerated since the turn of the century. The fall has al... Read more...
Article by John Van Reenen. Managers are more frequently the butt of jokes from TV shows like “The Office” to “Horrible Bosses,” than seen as drivers of growth. But maybe things ar... Read more...
09 May 2017
Article by Sandra McNally and Stephen Gorard. The level of funding going into schools is at record levels. Prime Minister Theresa May in an interview with Andrew Marr on the BBC on April 30, 2017. As she hit t... Read more...
04 May 2017
The assumptions of the Economists for Brexit group – now rebranded as Economists for Free Trade - were previously criticised as grossly unrealistic on other grounds, including ignoring the fact that coun... Read more...
19 April 2017
Article by Nicholas Bloom, Erik Brynjolfsson, Megha Patnaik, Itay Saporta-Eksten and John Van Reenen Our analysis of the Census data, conducted with Lucia Foster and Ron Jarmin of the U.S. Census Bureau and... Read more...
18 April 2017
On Monday, Swati Dhingra of the London School of Economics told the Royal Economic Society annual conference that most academic economists had predicted a 1-3 per cent fall in economic output by five years aft... Read more...
10 April 2017
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
Game of Mates: How favours bleed the nation, is a new book by Dr Cameron K. Murray and Professor Paul Frijters that exposes the inner workings of Australia's economic elite. In this video, Paul Frijters i... Read more...
Article by Joan Costa-i-font and Sara Flèche Sleep is often overlooked in economic models despite its obvious restorative effects on human health alongside its influence on brain plasticity and feeli... Read more...
06 April 2017
Article by Patrick Stewart. A recent report on the likely impact of Brexit from the London School of Economics has found that all EU countries will lose income after Brexit. The overall GDP fall in the U... Read more...
19 March 2017
The SCDI Forum – ‘Brave New Worlds? Economic Growth & Wealth Creation’ – will today (Thursday 16 March) consider the challenges and changes facing our economy, with presen... Read more...
17 March 2017
… Labor economists of the United Kingdom, as well as co-author of both Richard Layard that Steven Nickell, we need the introduction of the NAIRU in 1986. Related publications Combatting Unemployme... Read more...
16 March 2017
At the table today the economist Richard Layard, director of the office of the Bhutan gross national happiness, Saamdu Chetri and the spiritual leader also included Sri Sri Ravi Shankar, among others. EFE ... Read more...
Europe, not Britain, is seen as having the most leverage going into the talks. "The party with the most to lose has the weakest position," says Dennis Novy, a University of Warwick economist, "a... Read more...
13 March 2017
Brexit constringerà the United Kingdom to rethink all its economic policies: from the labour market to industrial policy, from immigration to foreign trade. A commitment is certainly not trivial for the... Read more...
12 March 2017
Researchers Maarten Goos and Alan Manning posit in “Lousy and Lovely Jobs: the Rising Polarization of Work in Great Britain” that there is a general “hollowing out of middle income routine jo... Read more...
10 March 2017
‘Agglomeration externalities and urban growth controls’, Wouter Vermeulen, Journal of Economic Geography Volume 17, Issue 1, January 2017 http://bit.ly/2n719tK Related publications Agglome... Read more...
09 March 2017
17:20:17 Professor Martin Knapp comments on money for social care in the budget Also on: BBC Wiltshire ... Read more...
Since the early 1990s, the US has been plagued by weak employment growth when emerging from recessions – so called ‘jobless recoveries’. Georg Graetz and Guy Michaels look at multiple recover... Read more...
Following Brexit, Dutch TV news has followed a consignment of orchids from Holland to Alton Garden Centre and visited last month's Garden Retail Summit. Dutch TV channel NPO1 (equivalent to BBC1) follow... Read more...
From manufacturing to retailing, giant companies have managed to gobble up a larger and larger share of the market. While such concentration has resulted in enormous profits for investors and owners of behemot... Read more...
08 March 2017
19:00:01 Snippet: ...Martin Knapp discusses the Chancellor’s plans to put an extra £2 billion towards England’s social care systems. Click to open Also on BBC Radio 4, BBC Foyle, BBC... Read more...
Swati Dhingra, an economics lecturer at the London School of Economics, estimated in a study prior to last year’s referendum that Brexit could reduce total U.K. car production by as much as 12 percent. ... Read more...
While skills shortages are a crucial element, they are not the only factor behind Britain's weak productivity, said London School of Economics researcher Anna Valero. Low business investment, a lack of foc... Read more...
The interview was about the negotiations on international trade between the UK and the EU that will follow once Article 50 has been triggered. In particular, the interview covered the strengths and weakne... Read more...
07 March 2017
National figures on economic growth fail to take into account of regional variations and ignore quality of life, such as the gap in life expectancy between Surrey and the north east of England, the Inclusive G... Read more...
A study on how the relative importance of a place’s suitability for agriculture and trade has changed over time, by Vernon Henderson, Tim Squires, Adam Storeygard and David Weil Related publications ... Read more...
06 March 2017
Attending a nursery with an outstanding Ofsted rating has ‘limited benefits’ for children’s education, says new research from the University of Surrey. The report, published last month, showe... Read more...
Research has shown that phonics can boost children’s reading age by an average of 28 months by the time they turn seven. Boys benefit the most from the back-to-basics system and actually overtake girls a... Read more...
Then three economics and finance professors—Scott Baker of Northwestern University, Nick Bloom of Stanford University and Steven Davis of the University of Chicago—created a series of Economic Poli... Read more...
05 March 2017
During the passage of the European Union (Notification of Withdrawal) Bill in the Lords, research on the benefits from immigration at the Centre for Economic Performance (CEP) was mentioned. Also, LSE resea... Read more...
04 March 2017
England, one of our main trading partners is to get out of the EU. The British Prime Minister Theresa May this month officially advised the European Union of the British departure. Dutch entrepreneurs who do a... Read more...
Yatang Lin, a researcher from the Centre for Economic Performance of the London School of Economics, enthused that "there were ambitions to get everything done pretty quickly. Of course, there were politi... Read more...
The government is refusing to say whether more funding will be given to two “pioneering” FE research centres after their start-up grants end shortly. Meanwhile, the Centre for Vocational Educati... Read more...
03 March 2017
A brake to the concentration. Still, according to a study of 2015 to the United Kingdom by the London School of Economics, the use of the current mobile phone impair concentration. The study, which looked at t... Read more...
Research by the London School of Economics in 2015 calculated that at maturity, in schools where the mobile phone is banned, the boys get ratings of 6.4% higher. Related Publications In brief ... Phone h... Read more...
The recent U.S. energy revolution, courtesy of high-tech advancements in hydraulic fracturing, has made U.S. manufacturing more competitive globally, lowering costs for energy-intensive industries while increa... Read more...
The Olympics shouldn’t be sold as bringing any wider benefits at all – but, instead as a very expensive party. Hosting the Olympic Games in 2012 cost about £150 per UK tax payer – but i... Read more...
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...
Swati Dhingra, an economics lecturer at the London School of Economics, estimated in a study prior to last year's referendum that Brexit could reduce total U.K. car production by as much as 12 percent. ... Read more...
“Each business lobby is motivated — the worse you can make it sound at this point, the more likely your sector will get special treatment,” said Thomas Sampson, assistant professor of economi... Read more...
02 March 2017
Economists from the London School of Economics have estimated that the WTO route would cause an almost 10 per cent hit to UK GDP by 2030. Also in: The i Paper Failure to secure trade deal 'would o... Read more...
According to a study published in the journal of the London School of Economics in may 2015, the ban on mobiles in schools would be beneficial for the academic performance of students. Researchers have shown t... Read more...
Last Friday, the LSE Growth Commission released a new report setting out a blueprint for inclusive and sustainable growth in the UK, which deals with both old and new challenges. Related publications ... Read more...
“Each business lobby is motivated -- the worse you can make it sound at this point, the more likely your sector will get special treatment,” said Thomas Sampson, assistant professor of economics at... Read more...
01 March 2017
China is the world leader in the deployment of high-speed rail infrastructure but how much of this is because of the extensive technology transfer deals that were struck with foreign companies during the early... Read more...
As the London School of Economics’ “Growth Commission” noted in a recent update on the UK economy, growing self-employment is eroding the incentives for companies to invest in training and sk... Read more...
During the debate on 'Building more homes' in the Economic Affairs Committee, Lord Layard mentioned LSE: "Professor Cheshire at the London School of Economics has suggested a levy on the final ... Read more...
28 February 2017
“We keep on finding in every country that the mental health problems are the biggest causes of misery,” says Richard Layard of the London School of Economics, who along with colleague Sarah Fl&egra... Read more...
The recipient of this year’s Outstanding Young Alumni Award is Rebecca Homkes (B.A./B.S. ’05) of London. Homkes is a teaching fellow/adjunct professor in the London Business School, the director of... Read more...
Recent research by Paola Conconi, Maurizio Zanardi and their co-authors finds U.S. presidential elections tend to influence the timing of WTO dispute filings, especially those with economic interests in key el... Read more...
Snippet: ...Although maybe they won't thank me for saying that. Tracey Brown is the Director of Sense and Science - Because Evidence Matters, Nassim Nicholas Taleb is the author of Black Swan and Swati Dhi... Read more...
27 February 2017
Immigration has now been extensively studied: there is lots of excellent data that reveals robust conclusions over many different pieces of research. According to, for example, the London School of Economics C... Read more...
…"more coherent and comprehensive than anything the government has yet come up with" Article on the LSE Growth Commission Report. Related publications 'UK Growth: A New Chapter',... Read more...
26 February 2017
Martin Knapp is director of health and social care at the London school of economics and an economist specialising in health and social care. ... Read more...
24 February 2017
On #OneDayWithoutUs people are encouraged to show how much immigrants contribute to the country. So how much of a difference do immigrants make to the UK economy? At1:12 mins CEP (LSE) research flashes u... Read more...
Brexit is expected to spell the end of passporting, where firms seamlessly service the rest of the single market from their London hubs. That could herald a loss of more than 25 percent of the U... Read more...
Britain needs to attract more skilled migrants than ever, improve skills and education, strike trade deals with the European Union and America and secure a new EU passport for financial services. ESRC's... Read more...
The U.K. government must ensure British financial-services companies don’t lose their ease of access to the European Union after Brexit as a “matter of urgency,” according to a report ba... Read more...
23 February 2017
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...
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...
Snippet: ... Due today: latest migration figures from the ONS, and a report on the economy from the LSE Growth Commission. ... Read more...
Henrik Kleven and Camille Landais, Economica, 14 March 2017 DOI: 10.1111/ecca.12230 ... Read more...
22 February 2017
The question was tabled on 22 February by Lord Blencathra (Con): "What is their response to the conclusions of a recent report by LSE and Surrey University that graduate nursery teachers for three- to ... Read more...
© The University of Melbourne, Melbourne Institute of Applied Economic and Social Research Volume 50, Issue 1 Pages 1 - 132, March 2017 Observations on Uncertainty (pages 79–84) Nicholas Bl... Read more...
21 February 2017
During Lords debate on the Article 50 Bill, Lord McKenzie of Luton (Lab) mentioned LSE/CEP research: "One of the most profound choices that the Government are seeking to make is to eschew mem... Read more...
Almost eight out of 10 people think that money spoils people. This is supported by one of the gurus of the research of happiness, Richard Layard. Related publications Happiness: Lessons from a... Read more...
A majority six of ten Gulf News poll respondents think children should be banned from using social media sites altogether. Their opinion is in line with the findings of a study by the Centre for Economic Perfo... Read more...
20 February 2017
University of Surrey's economics senior lecturer, Dr Jo Blanden, said: "Successive governments have focused on improving staff qualifications, based on the belief these are important for children'... Read more...
19 February 2017
The show was on www.trtworld.com/live at these times on Friday 17 February (GMT): 1630/ 2030/ 0130/ 0730/ 1230 Insight: Seasonal affective disorder and the business of happiness &n... Read more...
17 February 2017
…and there's a good piece on the BBC news website if you have a look at it so the couple of days so it is very current and it says gradual nursery staff have little effect on children OK having a gr... Read more...
When Joan Costa-Font became a father, the health economist noticed a dramatic drop in his productivity. “And I am the man,” he said, acknowledging that the effect was clearly worse on his wife. ... Read more...
Save the Children has disputed research which found nurseries with a qualified nursery teacher have only a “tiny effect” on children’s attainment. Earlier this week, researchers from the C... Read more...
"… there are many early years providers that do not employ graduate staff but nevertheless offer high-quality care and education." "As research published by the London School of Economics... Read more...
Extreme polarisation is not persistent over time; people are more likely to react to specific events or news, writes Maria Molina-Domene Social media facilitates communication and an appealing question is w... Read more...
16 February 2017
Miami will be the site of the first global gathering of governmental leaders, economists, academics and researchers for the World Happiness Summit next month, the summit announced. The H20 is one of four tr... Read more...
A recent paper by David Autor, David Dorn, Lawrence Katz, Christina Patterson and John Van Reenen speculates that tech might have enabled the rise of a few “superstar” companies in each industry. T... Read more...
15 February 2017
A university study says that inspectors are failing to spot the best and worst nursery schools by using 'traditional methods' Parents have defended a pre-school rated ‘inadequate’ by Ofs... Read more...
Childhood has a tremendous influence on a person’s entire life. A study from the London School of Economics exploring what makes people happy found that a person’s emotional health as a child was t... Read more...
Von anderen Star-Ökonomen waren eher pessimistische Stimmen zur Wirtschaftsentwicklung unter Trump zu hören. So sagt Stanford-Ökonom Nicholas Bloom, ... Related publications 'Meas... Read more...
14 February 2017
The report titled 'Nursery Quality: New evidence of the impact on children’s outcomes', found that staff qualifications and Ofsted ratings cannot predict the quality of early years education, arg... Read more...
Dennis Novy gave a live TV interview to Al Jazeera. The topic was the confirmation of Steven Mnuchin as the new U.S. Treasury Secretary. The interview covered the proposed U.S. tax reforms and how changes to f... Read more...
This phenomenon of labor market polarization (or “hollowing out” of middle-skilled jobs) has attracted widespread attention and contributed to the ongoing debate on the impact of technological chan... Read more...
A report published today reveals that a child's educational achievement at the end of their reception year is only very slightly higher if he or she has been taught in nursery by a qualified teacher or ear... Read more...
Having a graduate teacher in a nursery has only a limited impact on children's attainment, new research suggests. In England the government wants more graduate staff in nurseries in a bid to boost child... Read more...
Sending children to a nursery school rated “outstanding” by Ofsted makes barely any difference to how well they develop, researchers at the London School of Economics, University of Surrey and Univ... Read more...
Researchers from the Centre for Economic Performance at the London School of Economics, Surrey University and University College London, compared data on children's results with information on nurseries at... Read more...
13 February 2017
New research finds that attending an outstanding nursery, or one with graduate staff, has a limited benefit to children's educational attainment. The study of 1.8 million children born between September... Read more...
Children with graduate nursery teachers achieve only slightly more by the end of Reception than children with unqualified teachers Children who have access to a qualified teacher at nursery school do only s... Read more...
The economic cost of Britain's exit from Europe could be quadruple original estimates according to MIT Economist, Professor John Van Reenen. Given all of the political flailing of arms and rhetorical sn... Read more...
10 February 2017
New research claims leaving the EU will have bigger impact on UK productivity than had been thought Britain’s departure from the European Union could cause output losses of as much as 9.5 per cent, ac... Read more...
09 February 2017
Britons' incomes could be slashed by as much as 9.5 percent once the U.K. formally leaves the European Union, a new study released today by MIT economics professor John Van Reenen has claimed. The repor... Read more...
08 February 2017
Brexit, national income per capita in the UK to drop On June 23, a referendum MIT faculty member, Professor John Van Reenen advocated keeping Britain in the EU. ... Read more...
By checking on people at random times of the day via an app, Alex Bryson and George MacKerron uncover the misery of work. Related links Alex Bryson, CEP Alumni, Labour Markets Programme. ... Read more...
A dedicated tax is the only way that we can be sure the government is reflecting public wishes, says Richard Layard, but John Appleby argues it would not protect funding from economic uncertainty Yes—... Read more...
Professor Alan Manning of the London School of Economics, told newspaper Aftenposten in January that the Migration Advisory Committee he ... ... Read more...
02 February 2017
"The idea of trade wars these days, what politicians have in mind is really a 19th-century or early 20th-century conception of trade," said Gianmarco I.P. Ottaviano, a trade economist at the London S... Read more...
31 January 2017
Economists point to three factors to explain how population is distributed: geographical characteristics, agglomeration, and history. This column, taken from a new Vox eBook, examines ... Read more...
Dr Hilary Steedman discusses IFS report criticising huge investment into apprenticeships. 0725 Is the way in which the Government will fund new apprenticeships a monumental waste of money? Dr Hilary S... Read more...
“The idea of trade wars these days, what politicians have in mind is really a 19th-century or early 20th-century conception of trade,” said Gianmarco I.P. Ottaviano, a trade economist at the London... Read more...
Most experts have assumed the responsibilities of governance would temper Trump's trade posture. Given that nearly one-third of all U.S. trade is conducted with China and Mexico, a rupture risks severe eco... Read more...
Dr Hilary Steedman, senior research fellow at The London School of Economics, speaking on the BBC’s Today programme, said: “I think the IFS has really overstated their case here. We have a really s... Read more...
Nicholas Bloom (Stanford University) explores the political uncertainty in the world, and from 1900 on, he found out that after his election Trump increased uncertainty by at least twice and is comparable to t... Read more...
A study of three researchers Scott R. Baker, Nicholas Bloom and Steven j. Davis has revealed that the current economic uncertainty is still higher than during times of 9 / 11 or the Lehman collapse. The expert... Read more...
The World Wellbeing Panel agrees that every effort should be made to reduce middle management, write Nick Powdthavee and Paul Frijters. Workers’ satisfaction with their job is, on average, higher in ... Read more...
30 January 2017
Not surprisingly, when an index for global political uncertainty, compiled records so unsafe level, inter alia by the Stanford economist Nicholas Bloom, on a high, (Stanford). And Austria's foreign trade m... Read more...
27 January 2017
There are several worrying trends in the global economy, such as rising inequality within countries and slowing productivity growth. But perhaps the most troubling of them is the fall in labor’s share of... Read more...
Exporters to Angola that hired managers with specific types of experience were more likely to succeed, write Giordano Mion, Luca David Opromolla and Alessandro Sforza. The enormous variation in firm perform... Read more...
26 January 2017
Britain's economy made a decision after the brexit-lock braking. One-third of the companies that froze investment plans as a result of a decision. The collapse of the value of the pound sterling told the c... Read more...
The cloud of uncertainty Trump has kicked up may be a big deal for the economy, or not. … For one thing, uncertainty isn’t necessarily bad. It simply means the distribution of possible outcomes&md... Read more...
Thomas Sampson, Professor at the London School of Economics, warns that in addition to tariffs, British producers may suffer the impact of foreign barriers. "They would have to reorganize all of their sup... Read more...
Thomas Sampson, a professor at the London School of Economics, said British carmakers could suffer further disruption beyond tariffs. "Inside the customs union cross-border supply networks can flourish, b... Read more...
Last week Prime Minister Theresa May confirmed Brexit would see Britain leave the European single market, creating a stumbling block for the car industry which relies on trading vehicles and loose parts withou... Read more...
Britain’s manufacturing heritage is told through faded photos of workers on assembly lines, or operating basic tools. But that was the 1970s, and in the 21st century, a factory has a lot more robots. Usi... Read more...
Thomas Sampson, a professor at the London School of Economics, said British car makers could suffer further disruption beyond tariffs. “Inside the customs union cross-border supply networks can flourish,... Read more...
DW spoke to economist Thomas Sampson from the London School of Economics ahead of British Prime Minister Theresa May's visit to the White House. She is the first world leader to meet the new US President D... Read more...
A multitude of studies weaken the prophecy of universal income advocates: that of researchers Georg Graetz and Guy Michaels (2015) , who found, by analyzing seventeen countries over fifteen years, the robot ha... Read more...
And it isn't "infrastructure" Improving our management skills is part of this. John van Reenen at the London School of Economics has written about how the quality of management in different co... Read more...
25 January 2017
"It genuinely feels that the political uncertainty is very high," said Nicholas Bloom, Professor of Stanford and co-developer of the index of uncertainty. ... Read more...
24 January 2017
Dennis Novy gave a live radio interview [8.35-8.40am] on Donald Trump and his withdrawal from the Transpacific Partnership (TPP, the trade deal previously negotiated by Barack Obama with Asian/Austra... Read more...
Speaking to Daily Star Online, John Van Reenen, Professor of Economics at LSE, said Mrs May might be tempted to strengthen her hand in parliament. He said an election could boost her authority in both Houses, ... Read more...
Maria Sanchez Vidal: "the coexistence between Commerce of proximity and large surfaces trade is possible" Is author of a study on the effect of the introduction of superstores in respect of a city... Read more...
Snippet: ...Mention of LSE research on productivity in UK compared to productivity in France and Germany ... that LSE researchers suggest that by Thursday lunchtime the other countries have produced... Read more...
23 January 2017
It has long been known that America’s Senate is less protectionist (i.e., more likely to favor trade deals) than the House. The usual explanation was that senators, representing larger territories, took ... Read more...
In a new paper called “Is Modern Technology Responsible for Jobless Recoveries?,” economists George Graetz and Guy Michaels looked at 17 different developed countries, from 1970 through 2011. The t... Read more...
In December 2016 an electronic version of a new report became available, prior to its imminent publication in book form, by the London School of Economics. Dubbed ‘The Layard Report’ after key... Read more...
La inestabilidad de los contratos y el desempleo de los padres tienen efectos negativos en el rendimiento educativo de sus hijos. Es una de las principales conclusiones de un estudio elaborado por la investiga... Read more...
Most rich countries hire back workers after a recession. The U.S. replaces them with machines Economists have recently discovered that it’s middle-skill routine jobs -- think of cashiers, telemarketer... Read more...
El predominio de las firmas de menos de 10 empeados es in obstaculo para la productividad e internacionalizacion Article by Luis Garicano, Claire LeLarge and John Van Reenen The prevalence of firms of le... Read more...
22 January 2017
A horrifying study done by the London School of Economics a few years ago showed that while mental illness accounts for nearly half of all ill-health in the under-65s, only a quarter of people in need of treat... Read more...
21 January 2017
However another study from the London School of Economics suggests a ban on phones has the effect of an extra week of classes over a pupil’s school year. Also in: Retford Today Should ... Read more...
"Trade agreements are based on have something to give to receive something in return. "Nobody is doing charity here", explains Swati Dhingra, academic at the center of economic performance&... Read more...
20 January 2017
Next week, government and business leaders from around the world will meet in Davos, Switzerland for the 2018 World Economic Forum to discuss this years's theme: "Creating a Shared Future in a Fractur... Read more...
19 January 2017
"Trade agreements are based on have something to give to receive something in return. No one is making charity here", explains Swati Dhingra, academic center of economic behaviour of the LSE. ... Read more...
A recent study found a ban on phones generally helps classroom performance research by the London school of economics found that after schools outlawed mobiles test scores of pupils aged 16 impr... Read more...
Swati Dhinghra commenting on free trade and Brexit. [Time: 08:00:24] ... Read more...
0750 Swati Dhingra interviewed. After the UK gives up full membership of the EU's customs union exporters' goods could be facing checks and delays at Britain's border. ... Read more...
Swati Dhingra interviewed. Speaking about Brexit and free trade. ... Read more...
18 January 2017
May’s speech suggests the UK is on course to aim for a bilateral agreement. Currently, countries like Switzerland pay around 40% as much as the UK’s contribution for EU membership for access on tho... Read more...
Article by Swati Dhingra No access to EU’s single market and replacement deals potentially decades away heightens uncertainty for UK businesses. Theresa May’s speech on Tuesday was the govern... Read more...
"Currency markets are always volatile and can be affected by political and economic views," Dr. Thomas Sampson, associate professor at the Center for Economic Performance at the L... Read more...
Evidence published in 2015 by Michaels and Graetz from a dataset of companies in 17 countries gathered between 1993 and 2007, suggests that while productivity increases with robotic innovation and some semi-sk... Read more...
16 January 2017
Health and friends: the formula of happiness according to science According to researcher Lord Richard Layard, people have not increased their levels of happiness in the past 50 years, while the average inc... Read more...
12 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...
A nasty mix of neoliberalism and the Tories’ austerity policies are having appalling effects on our children’s health and welfare And so we come to the present day, with a 10-year anniversary pr... Read more...
10 January 2017
The old folk saying "If you've got your health you've got your wealth" is finding new proponents from a recent study done by the London College of Economics, under the direction of Lord Richa... Read more...
"It is simply not the case that immigrants are taking jobs from those who already live in the country" Professor Alan Manning denied that immigrants take jobs. If it were so, wouldn't Ca... Read more...
A compilation of surveys show that millennial's happiness is closely tied to having close friends at work. Good working relationships seem to make people more productive and satisfied with life. … ... Read more...
“There’s absolutely no controversy about gravity models,” said Swati Dhingra, assistant professor at the London School of Economics, also pointing out that gravity models are the subject of t... Read more...
After decades languishing as one of the most underfunded medical problems, mental illness began to receive some of the attention it deserved under Tony Blair’s government. In 2006, a London School of Eco... Read more...
09 January 2017
There is considerable geographical variation in the opportunities available to disadvantaged children in the United States, according to research by Raj Chetty, who delivered the 2016 Lionel Robbins Memorial L... Read more...
06 January 2017
Sir David Metcalf has today (5 January 2017) been named as the first Director of Labour Market Enforcement to oversee a government crackdown on exploitation in the workplace. ... Read more...
05 January 2017
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...
Paul Cheshire, economist and emeritus professor of economic geography at the LSE, has been awarded a CBE for services to economics and housing. ... Read more...
04 January 2017
Investors should brace themselves for more profit warnings in 2017. This isn't simply because economic growth will slow this year: economists expect an expansion of only 1.2 per cent this year after 2 p... Read more...
Four in ten leading economists are more pessimistic about Britain's future after Brexit, despite the buoyant economy since the vote, according to a new FT poll. While many are looking to 2017 for a spot of... Read more...
03 January 2017
According to a study from the London School of Economics, brisk walking is a better deterrent against obesity than any other form of exercise. Men and women who walk briskly for more than 30 minutes a day w... Read more...
El comercio mundial patas arriba Swati Dhingra, especialista de comercio de la London School of Economics, pone el acento en otro peligro. "Lo más grave sería una guerra comercial de E... Read more...
Further reading A derided expert speaks John Van Reenen, the outgoing director of the LSE’s Centre for Economic Performance takes no prisoners in a hard-hitting review of Brexit. Among ... Read more...
Slower economic growth also predicted to deter new migrants Question: ‘What do you think will happen to immigration?’ Stephen Machin, professor of economics, London School of Economics ... Read more...
02 January 2017
Contributing factors include weaker tax revenues and pressure to rein in cuts Question: ‘Do you think the government will need to borrow more than it has forecast in 2017?’ Stephen Mach... Read more...
Growth will slow, incomes will be squeezed and investment delayed, FT survey finds Question: ‘How much, if at all, do you expect UK economic growth to slow in 2017?’ Stephen Machin, professor... Read more...
Professor Paul Charles Cheshire. Economist. For services to Economics and Housing. (London) Professor John Van Reenen. Economist. For services to Economics and Public Policy Making. (Abroad) ... Read more...
31 December 2016
In our 2015 end-of-year review, John Van Reenen predicted that Britain was heading towards Brexit. The causes of the vote, the failures of the polls, and the “Brexit-Trump syndrome” were the topics... Read more...
Paul Cheshire, Emeritus Professor of Economic Geography, was awarded a CBE for Services to Economics and Housing. In 2004 Professor Cheshire won the Royal Economic Society's Prize for the best paper in ... Read more...
So, the White House cites a study of 2015 by George Graetz and Guy Michaels made in 17 countries, that concluded that the robots helped to increase the wealth of those countries by 0.4% between 1993 ... Read more...
30 December 2016
Five housing executives and a professor of economics and housing policy have been awarded medals in the New Year honours list. … Paul Cheshire, professor of economic geography at the London School of... Read more...
In terms of emotional well-being, “there is no further progress beyond an annual income of $75,000,” researchers wrote, concluding that “high income buys life satisfaction but not happiness.&... Read more...
Professor John Van Reenen, who predicted ahead of the referendum that Brexit would cost up to £1,700 per household per year, has been given an OBE for services to economics and public policy making. Othe... Read more...
A total of 1,197 people, representing “the very best of our nation,” were granted awards, according to a statement from the Cabinet Office. Just over half are women, 9.3 percent are from ethnic min... Read more...
A study published in 2011 examined CEOs in the top-100 best hospitals in USNWR in three key medical specialties: cancer, digestive disorders, and cardiovascular care. A simple question was asked: are hospitals... Read more...
27 December 2016
LSE study led by Labour peer found that failed relationships and physical and mental illness were bigger causes of misery than poverty Clinical psychologists have raised the alarm over a controversial piece... Read more...
26 December 2016
Educationalists, psychologists and authors also call for a minister for children to try to address ‘toxic’ nature of childhood “Without concerted action, our children’s physical and ... Read more...
25 December 2016
A a survey of leading wellbeing researchers from around the world finds that more public holidays would be better for everyone, writes Paul Frijters. The World Wellbeing Panel on wellbeing and public holida... Read more...
24 December 2016
We have seen signs that the companies which manage to exploit the robots and the Internet of Things (IoT) in their production machinery can compete with factories in the distant economies. This trend is furthe... Read more...
23 December 2016
Too often in our business we focus primarily on finances. Of course, that is what financial professionals do, but we could be neglecting an important, maybe more important, piece of the pie. The recent London ... Read more...
22 December 2016
This is the consensus finding of a survey of leading wellbeing researchers from around the world, writes Paul Frijters. Related articles: World Wellbeing Panel Survey: ‘Wellbeing and Public Holi... Read more...
“The more likely a hard Brexit becomes, the bigger I think the business response will be in terms of reducing investment and firms relocating activity out of the U.K.,” said Thomas Sampson, a profe... Read more...
Economists Nicholas Bloom of Stanford and John Van Reenen of the Massachusetts Institute of Technology (along with several co-authors) have been compiling evidence for a while now that companies that follow ma... Read more...
21 December 2016
An economist claimed Messi would be in prison now in the United States Economist Luis Garicano was recently elected by the Ciudadanos to take over one of the vice presidencies of the Party of the Alliance o... Read more...
20 December 2016
Here’s the second episode of our podcast, with Jules Evans interviewing Richard Layard, former government ‘happiness tsar’ and the creator of the NHS talking therapies service; and Wili... Read more...
19 December 2016
While increasing salary had a minimal effect on people’s wellbeing, unemployment reduces the happiness of each unemployed person by about 0.7 points on average. ... Read more...
A conversation with MIT’s John Van Reenen When we talk about innovators, we normally talk about how someone becomes one—not when. We talk about the success or failure of their experiments, produ... Read more...
16 December 2016
What makes humans happy? What makes you happy? Is it the material and tangible things? Or is it experiences or people? Happiness can be measured and defined in so many ways but according to a study by a t... Read more...
Prime Minister Mariano Rajoy’s decision to replace a party loyalist with an independent expert at the head of the markets regulator will help Spain lure companies seeking a new base after Britain le... Read more...
It has lowered costs for energy-intensive industries, boosting output, employment and exports, write Rabah Arezki, Thiemo Fetzer and Frank Pisch … Our results suggest that the cost advantage due to t... Read more...
Shale gas offers the prospect of a low-cost energy future, but invokes fears of environmental catastrophe, write Stephen Gibbons, Stephan Heblich, Esther Lho and Christopher Timmins ... Read more...
Article by Andrew Eyles and Stephen Machin Increasing the quality and quantity of an individual’s education is seen by many as a panacea to many social ills: stagnating wages, increases in inequality,... Read more...
14 December 2016
What distinguishes ‘Les Misérables’ from the rest is neither poverty nor unemployment, but mental illness, write Andrew Clark, Sarah Fleche, Richard Layard, Nattavudh (Nick) Powdthavee and G... Read more...
12 December 2016
Understanding the key determinants of people’s life satisfaction will suggest policies for how best to reduce misery and promote wellbeing. This column discusses evidence from survey data on Australia, B... Read more...
Good mental health and having a partner make people happier than doubling their income, a new study has found. The research by the London School of Economics looked at responses from 200,000 people on how diff... Read more...
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
Consume magazine content increases the well-being of 6% Professor Paul Dolan of the London School of Economics and Political Science, a world authority on Positive Psychology and happiness, largely inspired... Read more...
05 December 2016
In the study’Job Loss at Home: Children’s School Performance during the Great Recession in Spain’, researcher Jenifer Ruiz-Valenzuela, of the Centre for Economic Performance of the London Sch... Read more...
03 December 2016
In fact the industry 4.0 represents a great opportunity for our manufacturing and for once never catches us completely off-guard. According to a recent study carried out by economists George Graetz and Guy Mic... Read more...
02 December 2016
Paul Cheshire, Professor of Economic Geography at the London School of Economics is a longstanding critic of Britain’s byzantine planning system. [No link] ... Read more...
Drawing on India’s previous experiences of demonetisation and contemporary data, Swati Dhingra and Amartya Menon argue the benefits seem few and far between. They write that if the government is serious ... Read more...
30 November 2016
More than 90 per cent of teenagers have mobile phones, but a study by the London School of Economics claimed schools where they were banned saw test scores rise by an average of 6 per cent. ... Read more...
Many people think that migrants take jobs away from citizens, reduce wages or both. Others argue that immigrants benefit the economy because they take risks and start businesses. In three short videos be... Read more...
29 November 2016
Brexit and the uncertainties surrounding it present an unprecedented challenge, writes Anna Valero In his first Autumn Statement (and last – since he has decided to abolish them in favour of an annua... Read more...
24 November 2016
Dennis Novy was interviewed by BBC Radio Scotland on 22 November 2016 about Donald Trump's policy stance towards the Transpacific Partnership (TPP), a proposed trade deal between the United States and vari... Read more...
22 November 2016
WE were told that the drive to convert schools into academies would boost choice, results and quality. However, a new study by the London School of Economics casts doubt on the Government’s determinat... Read more...
Skills policies would ideally be co-ordinated with the government’s proposed new industrial strategy. “In the long-run, skills are really important for growth,” said Stephen Machin, co-chair ... Read more...
21 November 2016
The conversion of primary schools into academies has not boosted pupils' performance, according to research. All primary and secondary schools in England were given permission to be run independently of lo... Read more...
NEW research shows the conversion of primary schools into academies has not boosted pupils' performance. All primary and secondary schools in England were given permission to be run independently o... Read more...
Pupils in primary academies do no better in key stage 2 tests than comparable local authority schools, study finds Researchers from the Centre for Economic Performance at the London School of Ec... Read more...
Pupils at early conversters to academy status did not outperform children at schools that converted later, according to LSE research. “The results cast doubt on whether further expansion of the academ... Read more...
“I’m pretty skeptical Trump’s policies will reverse this process,” said John Van Reenen, a professor of economics at MIT who studies how technology and innovation affect profits and wag... Read more...
20 November 2016
HUGE THREAT TO ECONOMY TO OVERSHADOW TORY BUDGET The Scottish National Party has said that the threat of a hard Brexit will be the ‘elephant in the room’ at the Autumn Statement. “The T... Read more...
The impact on productivity is as bad. The LSE (Centre for Economic Performance) suggests reduced trade will reduce productivity amounting to between 6.3 per cent and 9.5 per cent of GDP. This article was pu... Read more...
Anna Valero, the London School of Economics, and John Van Reenen of MIT assessed exactly how much universities contributed to GDP. A total of 78 countries were examined over six decades, looking... Read more...
18 November 2016
Moreover, the recent “Robots at Work” study carried out by Uppsala University and the London School of Economics (LSE), found that, as of 1993, the U.K. ranked eighth out of 17 developed countries ... Read more...
17 November 2016
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth of the... Read more...
The book flies over aspects featured of the cases of Denmark, Norway, Sweden and Iceland, countries that are located well above in rankings that measure development, welfare or happiness. The report on 2016 wo... Read more...
The commonly held belief that immigrants hold down the wages of native workers is also doubtful. The economic literature is mixed although a paper by Marco Manacorda, Alan Manning and Jonathan Wadsworth ... Read more...
16 November 2016
Professor Manning appointed for a 3 year term. Professor Manning has been appointed for a 3 year term following a rigorous recruitment process regulated by the Commissioner for Public Appointments. Home ... Read more...
Dr Swati Dhingra interviewed, talking about the potential international implications of a Trump White House as well as initial reactions from (Brexit) UK. The interview was broadcast by CKWX News on the Ne... Read more...
...to those who weren't bullied. And authors of the study by the London School of Economics and Political Science... (No link) The article was published online by The Press on November 15, 2016 [No l... Read more...
15 November 2016
Dr Swati Dhingra joined the discussion programme. The topic was the demonitization of the 500 and 1000 rupee notes in India. The interview was broadcast by Al Jazeera television on November 15, 2016 ... Read more...
… "Uncertainty is a real risk," said economist Michael Strain, of the American Enterprise, a right-of-center think tank. "I'd be reluctant to start a business now, and if I had one, I... Read more...
Martin Knapp is here. Professor of social policy at .. depression, anxiety, bullies themselves never seem to be affected. Professor thank you very much we’ve had a lot of emails on this… The in... Read more...
14 November 2016
Dr Swati Dhingra on BBC News (19:35) commenting on PM Theresa May's speech on remaking globalization. [No link available.] ... Read more...
A study carried out by the Centre for Economic Performance at the London School of Economics shows that these students have a positive effect on the English students. "Data from the Catholic schools, w... Read more...
13 November 2016
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
We have gone back to the post-Brexit growth forecasts made earlier this year by six organisations – the NIESR, the Treasury, the OECD, the London School of Economics, the Confederation for British Indust... Read more...
Trump’s true legacy will be that of rural vandalism on a colossal scale. A unique wilderness at Menie destroyed for a golf course. This was a site of Special Scientific Interest, the highest environmenta... Read more...
01 November 2016
Pupils make substantially more progress in literacy if they follow a pen-and-paper course than if they take a similar programme online, new research has found. Researchers working with pupils in 51 primary schools found ... Read more...
28 October 2016
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
The meaning of Brexit is yet to become clear. But if Brexit means leaving the customs union of the European Union, Thomas Sampson looks at what it might meant for the UK to pursue its own trade policy for the first time ... Read more...
26 October 2016
The right way to leave the EU Article by Swati Dhingra On June 30, a week after the British public voted to leave the EU, Theresa May gave a speech launching her candidacy for prime minister in which she declared, ''Br... Read more...
21 October 2016
It's beginning to dawn on Brexit voters that leaving the EU will be a disaster for working people. Inflation is back as a direct result of the 18 per cent devaluation of the pound since June 23. The forecast for price ri... Read more...
20 October 2016
Prime Minister Theresa May is in Brussels for her first EU summit as UK leader, in the same week as cabinet ministers were presented with a paper warning that Britain pulling out of the EU customs union could lead to a 4... Read more...
Study says Brexit avoidable if Cameron had cut austerity. Interview with Dennis Novy The interview was broadcast by RT UK on October 19, 2016 Link to interview here [0:47 seconds] Related links Dennis Novy webpag... Read more...
19 October 2016
The calculations, sent to May's close-knit team of Brexit advisers, which includes Hammond, David Davis, Liam Fox and Boris Johnson, claim the UK economy would be 4.5 percent smaller by 2030 if it leaves the Customs Unio... Read more...
Chancellor to appear before Treasury select committee after Whitehall estimates show economy could shrink by 4.5% Trade flows and foreign investment would also be hit hard by leaving the customs union, according to figu... Read more...
Cabinet ministers receive stark economic warnings against adopting a 'Norway-style' model The UK could suffer a fall in GDP of 4.5% by 2030 if it leaves the EU customs union. Cabinet ministers were given stark warni... Read more...
Two years ago, the London School of Economics delivered bad news to the renewables industry. It published a research paper that showed that house price appreciation was significantly reduced by being near wind farms in E... Read more...
Ministers are at loggerheads over whether to quit the European customs union amid warnings it could mean a 4.5 per cent hit to GDP. Papers circulated at a meeting of the Brexit Cabinet committee apparently suggested tha... Read more...
The Economists for Brexit group claim Brexit 5 would deliver a UK growth boom by 2020. But economists at the London School of Economics say this is ideologically driven pseudoscience and that unilateral free trade would,... Read more...
Article by Barbara Petrongolo In the wake of Britains vote to leave the EU, the big debate has switched to what relationship the two should have post-Brexit. Top of the agenda is access to the single market and freedom ... Read more...
18 October 2016
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...
Dennis Novy interviewed live around 8.15pm. The topic analysing the Brexit referendum that was held in June 2016. The interview was about how the Brexit vote outcomes across voting areas in the UK were linked to immigrat... Read more...
EU trade ministers have had Belgium on their minds today - but rather than tucking into chocolate and waffles they've been dealing with the more unappetizing problem of a regional Belgian parliament that's blocking thei... Read more...
The studies, by the Treasury, the thinktank NIESR and the Centre for Economic Performance and London School of Economics, predicted the effect on the British economy if the UK was to opt for a Norway-style model. That wo... Read more...
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
Foreign direct investment is also much more economically potent than the domestic variety. It brings with it new technological and managerial knowhow that can dramatically boost productivity, according to London School o... Read more...
CEP research article previously published by Vox referenced in article published in PRC: [8]Swati Dhingra, Thomas Sampson: UK-EU relations after Brexit: What is best for the UK economy? This article was published onlin... Read more...
16 October 2016
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...
Economist Thomas Sampson told The Independent: ''It's important to remember that the exit bill would be a one-off payment and in the longer run it is likely to be dwarfed by the broader economic costs resulting from redu... Read more...
14 October 2016
The pound has lost nearly 18 per cent of its value against the dollar since Britain voted Brexit, two per cent more than during the 2008 financial crash. On Thursday it reached its lowest point for 168 years. ''Movements... Read more...
The rate of growth in technological innovations in China has increased significantly in the past two decades (see Figure 1). What's more, it is widely believed that the ability to learn from foreign technology and chase ... Read more...
13 October 2016
Dennis Novy interviewed. The topic was the leaked Brexit analysis from the Treasury and the economic implications of Brexit, in particular for international trade. This interview was broadcast by Al Jazeera Television ... Read more...
11 October 2016
Caller mentions research by the Centre for Economic Performance at around 01:11:05 Caller: ... not in many cases a cynical attempt on the part of employers to simply cheat workers by paying them the lowest wages that th... Read more...
09 October 2016
Impact on academia While technology has disrupted the educational system across the world, and with tablets and laptops replacing physical text books and the entire teaching and learning experience, smartphones remain... Read more...
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...
Article by Jonathan Wadsworth The Home Secretary on the Today programme said that she was happy to talk about immigration in the context of suggesting that there may be a link between immigration and lack of jobs and tr... Read more...
A study by the London School of Economics published earlier this year found that EU immigration had no negative impact on British wages, jobs or public services. That research echoed the findings of countless other studi... Read more...
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...
Brexiteers need to respect gravity models of international trade Furthermore, according to Swati Dhingra of the London School of Economics, gravity models do a good job of predicting actual trading relationships today. ... Read more...
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...
Truth and myth about the effects of openness to trade In other rich countries, regions or industries with heavy exposure to Chinese imports also suffered material losses in factory jobs. A study of Spain's jobs market b... Read more...
“The government doesn’t have a plan, and until it decides, it’s really hard for anyone to prepare,” said Thomas Sampson, a professor at the London School of Economics. “In the sho... Read more...
30 September 2016
3. Immigrants have not depressed the wages of UK workers A report by the London School of Economics this year showed that there was no correlation between an increase in immigration and the recent dip in wages. While ... Read more...
28 September 2016
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
According to estimates by the London School of Economics, Brexit will result in a 22 percent drop in direct investment into the British economy and a 3.4 percent drop in revenues. This article was published online by ... Read more...
Last year, a study by the London School of Economics claimed schools where mobile phones were banned saw test scores rise by an average of 6%. Perhaps a study should look at the gains such a move could make when it comes... Read more...
25 September 2016
Article by Gabriel Ahlfeldt and Nancy Holman Good architectural design is a public good, but economists and policymakers lack robust evidence on the impact of well designed architecture on location value when planning s... Read more...
24 September 2016
However, land regulation may play a bigger role. According to a recent paper by Christian Hilber and Wouter Vermeulen of the London School of Economics, alongside Greater London, scarcity of open, developable land is gre... Read more...
EXCLUSIVE: An analysis by The Independent of official data suggests British exporters would face a cost of at least £4.5bn - and in all likelihood they would take a hit many times larger A separate analysis by th... Read more...
23 September 2016
Alzheimer's and other forms of dementia affect huge numbers of people - a third of all over-80s have some form of dementia, estimates the US CDC. This has two key effects. Firstly, Alzheimer's is a major killer in its o... Read more...
Even [Sadiq] Khan's predecessor Boris Johnson campaigned with several plans to build 55,000 new homes in London and to slow down the price increase caused by demand pressures. Up to the end of his tenure, he failed. Khan... Read more...
22 September 2016
Must-Read: Anna Valero and John Van Reenen: 'The Economic Impact of Universities: Evidence from Across the Globe' This article was published online by the Washington Center for Equitable Growth on September 22, 2016 Li... Read more...
With a major question mark: foreign groups continue to invest in the country? The Centre for Economic Performance at the London School of Economics estimated that membership of the EU has indeed increased foreign direct ... Read more...
21 September 2016
Fear of an economic meltdown was the biggest weapon in the campaign to stop Britain from leaving the European Union. Ten weeks after the vote, though, some say the fearmongering was overdone. Although the pound has fall... Read more...
18 September 2016
A paper by Nicholas Bloom and others, from Stanford University, finds that well-managed firms perform better than their peers and make a greater contribution to a nation's total-factor productivity. ... Bloom and colleag... Read more...
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
There have been major changes to Ireland's apprenticeship system over the past few years, and now the overall number of apprentices is expected to increase to about 10,700. And, although Ireland's apprenticeship system i... Read more...
13 September 2016
Dennis Novy interviewed on the state of the British economy after the EU Referendum, and on the prospects for UK international trade negotiation. The interview was recorded by 1 Das Erste (German Public TV Channel) on ... Read more...
11 September 2016
Prime minister champions grammar system but critics argue reforms will damage social mobility But critics were quick to dismiss the reforms. Professor Sandra McNally, director of education and skills at the London Schoo... Read more...
09 September 2016
Swati Dhingra, one of those who forecast severe damage to the economy, says the danger hasn't past. Warnings about the impact of Brexit were focused on what might happen when Britain leaves the EU, and that won't happen ... Read more...
07 September 2016
See this study by Joao Paulo Pessoa and John Van Reenen. This article was published online by the Bloomberg Gadfly blog on September 2, 2016 Link to article here Related Publications Decoupling of Wage Growth and... Read more...
02 September 2016
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
Dennis Novy interviewed. The topic was the Transatlantic Trade and Investment Partnership (TTIP) and the recent political backlash from France and Germany. The interview was broadcast on the BBC Radio 4 The World Ton... Read more...
30 August 2016
...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
Dennis Novy was interviewed live on LBC radio with Nick Ferrari on 24 August 2016. The topic was Brexit and whether we should have a second referendum. The background was Owen Smith's announcement of having a second refe... Read more...
24 August 2016
''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
Even after the Brexit, Britain will seek economic ties to the EU. But what options are there? What are the costs? And how likely they are? The economists Swati Dinghra and Thomas Sampson of the London School of Economic... Read more...
Brexit will be deeply damanging to Scotland's economy, warns Nicola Sturgeon. ...by the Treasury, the National Institute of Economic and Social Research and the London School of Economics' Centre for Economic Performanc... Read more...
The average cost of full-time childcare across the UK for a child under the age of two is £217.57 a week. Part-time care (25 hours, as opposed to the full 50) costs £116.77 a week. Assuming both parents work ... Read more...
Returning to the interim UN report for happiness, you can find an interesting proposal in many respects. Found in Chapter 3, which shall be signed by the head of the Centre for Economic Performance of the London School o... Read more...
22 August 2016
For the past decade, Stanford economist Nicholas Bloom and a rotating crew of co-authors (most consistently MIT's John Van Reenen) have been documenting that the management best practices developed at high-performing com... Read more...
Most of the work on the value of college has focused on whether the return is worth the student's considerable investment. (Thus far, the yeas still have it.) But more and more research lately has asked whether colleges ... Read more...
19 August 2016
Thousands of 16-year-olds are stuck in an educational ''revolving door'', returning year after year to study low-level qualifications, a major new study has found. The Centre for Vocational Education Research (CVER) at ... Read more...
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...
Britain's statistics office has recruited a group of economic heavyweights to boost its ability to crunch numbers on the health of the economy. ... Three economics professor have also been recruited to the working group... Read more...
Laura Kudrna, a London School of Economics scholarship PhD candidate, researches the effects of achievement on happiness, particularly focusing on examples of when greater success - be it financial, academic, romantic, ... Read more...
Decades of planning policies that constrain the supply of houses and land and turn them into something like gold or artworks is to blame for the current housing crisis in the UK rather than foreign buyers, according to a... Read more...
17 August 2016
Article by Brian Bell and Stephen Machin Wage inequality was partly behind the vote for Brexit. This column shows how areas with relatively low median wages were substantially more likely to vote ‘Lea... Read more...
16 August 2016
The likely Locus of search robots and packaging of 25 thousand square meter warehouse helps to increase the productivity of the warehouse up to 800 percent. A previous study of Georg Graetz scientists and Guy Michaels (... Read more...
Beyond the territorial politics, Brexit has brought to the boil a long simmering tension between the UK's economic and political imperatives. The importance to the UK economy of the single European market in goods and se... Read more...
15 August 2016
New initiatives planned to end 'unacceptable and unlawful' discrimination against working women Employers are being told to do more to help mothers breastfeed their babies at work, as part of the government's latest i... Read more...
Nothing off the table in Brexit negotiations says Centre for Economic Performance's Swati Dhingra. This interview was broadcast by BBC Sheffield (Radio) on August 13, 2016 Link to broadcast here Related publicatio... Read more...
13 August 2016
Davvero i robot ci ruberanno il lavoro? A che cosa serve davvero l'automazione? Tutte queste predicazioni hanno in comune di invitare i popoli ad abbandonare qualsiasi progetto di poter in qualche modo essere protagonist... Read more...
12 August 2016
Paul Cheshire argues that golf courses capitalise on green belt planning laws which keep down land prices and contribute to a housing shortage. The interview was broadcast by BBC Radio 4 on August 10, 2016 Link to th... Read more...
10 August 2016
Throughout the referendum campaign, experts raised serious, well-founded concerns about the potential for Brexit to cause serious economic harm. These went unanswered, because the Leave camp had no answers to offer. Inst... Read more...
The IFS estimate that single market membership could be worth 4 per cent of GDP by 2030 - or £75bn in today's money But the IFS estimates that retaining single market membership could be potentially worth 4 per ce... Read more...
09 August 2016
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
Data to calculate Gross National Happiness (GNH) includes asking respondents to measure their perceived quality of life on a scale of 0 to 10, with 0 representing the worst and 10 the best possible outcome. The latest r... Read more...
06 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...
In a 2015 study, ''Robots at Work'', economists at Sweden's Uppsala University and the London School of Economics looked at the economic impact of robots from 1993 to 2007. They found that the use of robots in advanced e... Read more...
Article by Brian Bell and John Van Reenen Lacklustre growth seems to be the new normal almost everywhere in the world except for one area - CEO pay. This column uses data on UK publicly listed firms to examine whether ... Read more...
05 August 2016
The reputed Centre for Economic Performance at LSE has long been studying the potential impact of the United Kingdom leaving the European Union, and just this last week it published its latest report. This report focuses... Read more...
Article by Swati Dhingra and Thomas Sampson The UK should join the EEA and remain part of the single market, write Swati Dhingra and Thomas Sampson The UK has voted to leave the EU, but not in favour of any specific a... Read more...
Three short paragraphs to explain the Brexit vote: The British people have suffered tremendously since the financial crisis. The real wages of the average person fell by about 10 per cent between 2007 and 2015. This... Read more...
04 August 2016
John Van Reenen of the London School of Econimics forecast costs of Brexit before vote was held One of the UK's top economists has issued a stark warning about the possible economic and social implications of Brexit for... Read more...
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...
My best year is supposed to be now. Sixty-nine years old, to be exact. According to the Center for Economic Performance at the London School of Economics, the two happiest years of life are 23 and 69. In between, w... Read more...
A new CFM survey discusses the implications of Brexit for the economics profession, write Wouter Den Haan, Ethan Ilzetzki, Martin Ellison and Michael McMahon Before the referendum, there was near unanimity in the profe... Read more...
We are joined by Swati Dhingra to give us an expert view on the migrant spike. The interview was broadcast by the Voice of Islam Radio on August 2, 2016 Link to the show podcast here Related publications Brexit and... Read more...
02 August 2016
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...
Professor Saul Estrin of the London School of Economics has shown, for example, that an increase in the level of employee participation in the running of an enterprise from zero to full participation increases output by ... Read more...
The June 2016 Brexit referendum saw British voters reject membership of the European Union. Now that a decision has been made, it is time to look forward and find the best solutions for the future of both the UK and the ... Read more...
01 August 2016
The 23 June 2016 Brexit vote saw British voters reject membership in the European Union. This column introduces a new VoxEU eBook containing 19 essays written by leading economists on a wide array of topics and from a br... Read more...
However, mounting evidence suggests that the gains from free trade are not shared equally. A body of research on the American economy shows that import competition from poor countries can depress the incomes of the low s... Read more...
30 July 2016
What is contraction that leads to uncertainty, or the opposite? Last year, as part of a working paper, the economists Scott R. Baker, Nicholas Bloom and Steven J. Davis built a rate of economic uncertainty (UPR, Economi... Read more...
29 July 2016
What will the arrangement with the EU be? In this video, Swati Dhingra discusses introducing a temporary Norway-like deal. This video is part of the ''Econ after Brexit'' series organised by CEPR and was recorded on 14 J... Read more...
Swati Dhingra quoted on the impact of Brexit and likely effect on migration. This interview was broadcast on BBC Asian Network on July 27, 2016 Link to broadcast here Related publications Brexit and the Impact of... Read more...
27 July 2016
Professor Curran said said non-tariff barriers could raise costs for NI farmers by between 2% and 4% and a recent study by the Centre for Economic Performance (CEP) found that a 2% increase in non-tariff barriers could a... Read more...
Interview with Swati Dhingra on the economic impact of Brexit. The interview was broadcast on BBC Radio 5 Live on July 27, 2016 Link to the programme here Related publications See the complete CEP Brexit Analysis Ser... Read more...
Professor Michael Curran, an economist at Villanova University in Pennsylvania, said that while the UK's decision to leave the EU was ''unambiguously bad'' for Ireland and the UK as a whole, Northern Ireland would be har... Read more...
Brian Bell and John Van Reenen of the London School of Economics' Centre for Economic Performance have carried out a similar exercise looking at top bosses' pay at 500 large listed UK companies between 1999 and 2014. Unl... Read more...
There could be a spike in UK migration ahead of Britain's withdrawal from the European Union and the possible end to free movement rights, MPs have warned. Dr Swati Dhingra, from the London School of Economics, told B... Read more...
Before Britons voted to leave the European Union, Swati Dhingra, an assistant professor of economics at the London School of Economics, wrote a series of papers with her colleagues trying to convince them otherwise by po... Read more...
26 July 2016
Ethiopia is likely to be one of the fastest growing markets for western exporters in the next five years, while erstwhile emerging market heavyweights Brazil and South Africa offer paltry growth. Perhaps less surprisingl... Read more...
When politicians speak of a need to 'control' EU immigration, we should be asking why. The evidence shows that free movement of people is working for all of us. But the available evidence suggests the overall impact of ... Read more...
24 July 2016
This finding is mirrored at least in part by a study of sponsored academies established under the previous Labour government, conducted by the London School of Economics, which argues that the impact of conversion should... Read more...
22 July 2016
A feedback cycle has businesses cautious on investment and consumers unwilling to spend In a 2015 working paper, the economists Scott R. Baker, Nicholas Bloom, and Steven J. Davis constructed Economic Policy Uncertainty... Read more...
21 July 2016
And if income inequality were not related to our kind, our ethnicity or our level of education, but rather to our workplace? Some employers pay better than others. And the gap between those who pay well and those who pay... Read more...
Britain's decision to leave the European Union (EU) has prompted international conversation about the economic implications. But widespread interest doesn't mean widespread expertise. Economists tell i about some of th... Read more...
''Brexit makes the UK a less attractive environment for investment, in particular for businesses that rely on the British approach to the single market,'' said economist Thomas Sampson for Mashable. ''Some companies are... Read more...
20 July 2016
A couple of thoughtful pieces to throw into the melee post-referendum. First Tim Harford in today's FT And to the idea that economists don't know what they are talking about (a new broadly held myth scaled up by the fac... Read more...
The evidence is that foreign managers improve the companies they acquire A paper by Nick Bloom of Stanford University and others shows that the David Brents can learn from the Jack Welches: when they take over British f... Read more...
Ahead of the Brexit vote, the great transnational institutions that have come to, if not govern, then certainly guide the post-World War Two order were all out talking apocalypse. Britain will ''almost certainly... Read more...
Finally, there is the low reputation of economists, the result of a global financial crisis that only a few in the profession warned us against. But the institutes that analysed the risks and rewards of Brexit can hardly... Read more...
19 July 2016
... Indeed, the ideological common ground of the political class has perhaps been nowhere more apparent than in the transformation of wellbeing or happiness from being a free individua'ls pursuit into the object of gover... Read more...
The UK Chamber needs to know the details because member shipowners gain their revenue from trade; however, Dr Swati Dhingra, lecturer at the Centre for Economic Performance at the London School of Economics, brought litt... Read more...
Article by Erling Barth, Alex Bryson, James Davis and Richard Freeman Income inequality has risen throughout the advanced world. Various explanations have been suggested for this, but these tend to focus on who you are.... Read more...
18 July 2016
Silver is Better than Bronze Obviously, an Olympian wants to go for the gold. But, if you don't win the gold, you will probably be happier to win the bronze instead of a silver medal. That's according to the Centr... Read more...
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
Olympians who won the silver medal are less happy than their counterparts who achieved bronze according to the results of a new study of the London 2012 Olympics and Paralympics. Researchers behind the study argue tha... Read more...
Artificial intelligence is bound to exacerbate inequalities but why are economists still for it platforms That is to say, technical parts of the economy made great contribution to productivity growth. In 2015 a 17-count... Read more...
16 July 2016
British athletes heading for the Rio Olympics next month will be dreaming of winning a gold medal. But those who cannot bag the top spot may find they are happier with a bronze than coming second. For those who do end... Read more...
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...
Yesterday the Education Policy Institute, in partnership with the Sutton Trust, hosted the 'Academies: 15 years on summit'. This was an opportunity for researchers, policy makers and system leaders to come together and c... Read more...
13 July 2016
... University and the London-based Centre for Economic Performance. ''Health insurance coverage and ... This article was published by Dubuque Telegraph Herald (USA) on July 13, 2016 Link to article here [Subscrip... Read more...
Article by Sandra McNally, Director of the Centre for Vocational Education Research (CVER), LSE and Head of Education and Skills Programme, CEP The incoming British prime minister Theresa May has outlined a vision of a ... Read more...
Various analysis have shown that Brexit will adversely affect Britain's economy. According to the Centre for Economic Performance, LSE, Britain's economy will decrease by 1.3 per cent to 2.6 per cent without considering ... Read more...
12 July 2016
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...
After years of debate over the effectiveness of academy status, the Education Policy Institute has now released data which it says shows the causal impact of academy status on school performance. Editor Laura McInerney e... Read more...
You may have heard the jokes about economists equivocating and squabbling. Ronald Reagan had the best one, about an edition of Trivial Pursuit designed for economists: ''There are 100 questions, 3,000 answers.'' John V... Read more...
Two weeks ago, UK voters took the most important economic decision in a generation. The factual basis for this decision was - to say the least - not quite up to the nation's highest standards of evidence. ... The fragme... Read more...
New research has found ''no evidence'' that academy status leads to better grades for pupils at schools rated good or satisfactory. The study, by the London School of Economics and the Education Policy Institute (EPI)... Read more...
For example, I have obtained an internal Scottish Enterprise document circulated last week among senior managers declaring the consequences of Brexit for the Scottish manufacturing sector ''to be overwhelmingly negative'... Read more...
09 July 2016
Article by Monica Langella and Alan Manning This article reports the result of an exercise in which the vote share for Leave in the 380 areas of England, Wales and Scotland are regressed on a variety of area characteris... Read more...
07 July 2016
There is another house price bubble under way in the Dublin area. Notwithstanding the efforts by the Central Bank to keep mortgage credit under control, some extraordinary prices have been quoted recently for the small p... Read more...
Confusion reigns ... belonging to Europe forced Britain to accept internal migratory movements, students, workers, entrepreneurs, family. Between 1995 and 2015, the number of foreigners from other EU countries increase... Read more...
06 July 2016
Article by Christian Hilber In the first of a two-part article discussing the British planning system, Christian Hilber, Associate Professor of Economic Geography at the London School of Economics, argues that the UK pl... Read more...
Individual demographics had a huge effect in determining the outcome of the referendum, but the characteristics of local areas mattered as well, explain Monica Langella and Alan Manning. Immigration, the decline in manuf... Read more...
Rising income inequality in the U.S. may seem like a 21st-century preoccupation, as workers agitate to ''occupy Wall Street'' from the left and to ''make America great again'' from the right. But the wage gap separating ... Read more...
05 July 2016
A new breed of apprenticeship is offering employers a way to accelerate and keep top talent Petra Wilton, CMI's director of strategy and external affairs, says the degree apprenticeships will help to meet expected deman... Read more...
Overall, Brexit is likely to have a negative impact on inward FDI. New empirical analysis by Center for Economic Performance implies that leaving the EU will reduce FDI inflows to the UK by around 22 per cent. Such losse... Read more...
03 July 2016
The Society's Annual Conference was held at the University of Sussex, 21-23 March. This report was prepared by Ferdinando Giugliano, focusing on four fields of economic research: development economics; political economy;... Read more...
01 July 2016
For many it is a windfall: according to the research of the Centre for Economic Performance, a research centre, EU migrants are more likely, compared to the local population, to have received a university education or to... Read more...
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said that Britain's Brexit decision will have both short-term and long-term consequences. ''There is a lot of uncertainty ab... Read more...
Big data shows you can save up to $11 per shopping trip, argue Fabio Pinna and Stephan Seiler Most of us are familiar with the experience of scouring supermarket shelves to find the items we want at the right price - b... Read more...
Economists and political analysts have debated over the long-term effects of the vote on the future of the British economy. Prior to the referendum many warned that Brexit could have dire consequences for Britain, includ... Read more...
30 June 2016
Customs return seems unlikely, according to a recent study (November 2015) of the Center for Economic Performance at the London School of Economics who bet on the establishment of a free trade agreement. ''However, an in... Read more...
29 June 2016
But the Centre for Economic Performance at the London School of Economics sees lasting consequences: the separation of the United Kingdom would without a doubt have a negative impact on foreign direct investment, who the... Read more...
Less than a week after Briton's voted to exit the EU, the worlds second largest telecom company [Vodafone] has announced it is considering moving its headquarters from London to mainland Europe. Vodafone's warning could... Read more...
David Metcalf writes about the Migration Advisory Committee's review of the shortage occupation list The MAC recommends placing nurses on the country's 'shortage occupation list' or 'SOL': they are skilled, in shortage ... Read more...
Top-Okonomen wie John Van Reenen (London School of Economics) erwarten allein durch die Unsicherheit eine sofortige Abkuhlung des Wachstums. Top economists such as John van Reenen (London School of Economics) expect an ... Read more...
28 June 2016
...resultatet av folkomrostningen. Gianluca Benigno, ekonomiprofessor vid London School of Economics, sager att han forst... ...the result of the referendum. Gianluca Benigno, economics professor at the London School ... Read more...
... We could look at the superb work of John Van Reenen and colleagues at the London School of Economics(LSE), of Nick ... This article was published online by The Times on June 28, 2016 Link to article here Related... Read more...
UK's EU exit will make transatlantic trade talks even tougher. ''There's every reason to believe that the right-wing lurch of Brexit could turn the U.K. into a paradise for free market capitalism: a TTIP on steroids,'' ... Read more...
The Prime Minister must now be regretting including the in/out referendum in his earlier election manifesto pledges to win over the far-right votes. Not taking lessons from the close call in the Scottish referendum, he g... Read more...
British unemployment shows the transition graph of the influx immigrants. 2005-2010 immigrant unemployment rate is rapidly increased rather than fell. ©Jonathan Wadsworth, Center for Economic Performance. [Text wit... Read more...
27 June 2016
In the months leading up to Britain's referendum on whether to leave the European Union, many economists warned over and over again that a ''Brexit'' could have awful ripple effects: Britain could lose its favorable acce... Read more...
Meanwhile, Director of the Center for Economic Performance at the London School of Economics, John Van Reenen tell Brexit will give a significant impact in the short-term period. ''Impending situation where business refu... Read more...
FRIDAY was the day when international markets absorbed the shock of the British vote to leave the European Union; a vote that few investors had anticipated. But today, market focus shifted back to the places where the vo... Read more...
Parecidos resultados obtiene para los mismos escenarios el informe del Centre for Economic Performance de la London School of Economics In the three cases the fall of GDP in per cent, following the same order, would be ... Read more...
- Lehman-kraschen kom fran ingenstans, sager John Van Reenen, London School of Economics till New York Times. Det har ar som en tagolycka dar du kan se tagen komma mot varandra pa avstand men hoppas att de ska kunna sty... Read more...
To some Professor Luis Garicano of the London School of Economics is a leading expert in the fields of productivity and industrial organisation, but to many he's the man Queen Elizabeth asked: ''Why did no one see it com... Read more...
We were told that the consensus of economic experts were overwhelmingly opposed to a Brexit. Lauded institutions - from the IMF, OECD to the Treasury and London School of Economics - produced damning forecasts that ran... Read more...
Millions of words on the topic - including economists' majority view that leaving the bloc will slow growth and the Leave campaign's counterarguments that Britain will prosper - could be replaced by seven charts. The... Read more...
''IMMIGRATION, immigration, immigration'', shouted a headline in the Sun, a right-wing tabloid newspaper, the week that Britain voted to leave the European Union. It followed weeks of campaigning from the Leave side assu... Read more...
John Van Reenen, Professor at the London School of Economics, said on Friday in an interview issued by the American channel CNBC that the companies ''will not want to take investment decisions because they have uncertain... Read more...
26 June 2016
Why did so many millions of people vote to leave the European Union? ... Some new research by the labour market economists Brian Bell and Stephen Machin, seen by The Independent, suggests the Leave vote tended to be big... Read more...
What does the UK's decision to leave the European Union mean for the future of the single market? Economists talk of sustained market turbulence, devaluations and an imminent recession, but will it be Britain or the ... Read more...
According to John Van Reenen, Director of the Center for Economic Performance who said: "the same phenomenon will occur as being ''dubious'' in a period when businesses don't like to take new decisions or new invest... Read more...
25 June 2016
In an interview to CNBC, John Van Reenen, director of the Centre for Economic Performance at the London School of Economics said the short-term impacts would be painful: ''You get a rabbit-in-the-headlights phenomenon wh... Read more...
Now that the UK has voted to leave the EU, one of the biggest remaining questions is how it will affect the British economy. Hari Sreenivasan sits down with London School of Economics professor Swati Dhingra, who has bee... Read more...
Labour MPs now walk around saying that immigration reduces domestic wages, that the rich man has got a cheaper plumber, but the indigenous plumber has had to reduce his fees. Usually this argument is framed as an assault... Read more...
Last night, as it became clear that Britain had voted to exit the European Union, Google Trends reported a 250 percent spike in searches for ''what happens if we leave the EU?'' Markets are crashing around the world, Pr... Read more...
24 June 2016
According to an analysis, Brexit and the impact on immigration, published by the Centre for Economic Performance at the London School of Economics, EU immigrants are ''more educated, younger, more likely to be in work an... Read more...
The decision left the United Kingdom society of the European Union does indeed have fueled new uncertainty. ''Businessmen reluctant to take new decisions or affect investments, because of the uncertainty for the future,'... Read more...
First views on the global economic impact of such episode refer to one (even minor) world growth rate. Thus for example claimed John Van Reenen of the London School of Economics, who said the effect ''disincentive'' to i... Read more...
In crudest outlines, the panic that followed Britain's vote to quit the European Union traced the 2008 collapse of Lehman Brothers, an event that turned an unfolding financial crisis into the bleakest economic downturn s... Read more...
The parallels between Brexit backers and Trumps supporters is clear. Trump's campaign targets manufacturing towns across America, frequently expressing the need to reject globalism and put ''America first''. In Britain, ... Read more...
''You're going to see in increase in consumer prices from Brexit and most of that is going to hit the middle income,'' Swati Dhingra, assistant professor at LSE's Department of Economics and Centre for Economic Performan... Read more...
Whenever share prices fall significantly investors should ask: is this because future dividends will be lower, or is it because risk aversion has increased? ... So, which of these explanations applies to the post-Brexi... Read more...
Thomas Sampson, economiste a la London School of Economics, est coauteur d'une etude sur le cout du Brexit pour les menages britanniques. Thomas Sampson answers questions on the possible consequences of a vote for Brex... Read more...
Minford said that the economy would be more dynamic and more efficient now that we're out of the EU. Swati Dhingra disagreed, saying that the economy would suffer because of a shallower pool of talent from other EU co... Read more...
So we've decided to take a leap and vote to leave the EU. What is it going to mean for you and your money? We've voted. The decision has been made. We're out of the European Union, in a move that has triggered the Pri... Read more...
The world map has been redrawn with the rules of commerce across Europe, the largest marketplace on earth. Britain's vote on Thursday to leave the European Union has set in motion an unprecedented and unpredictable proce... Read more...
Dennis Novy interviewed by Turkish TV News Channel, discussing the economic impact for the UK of the Brexit vote. This interview was broadcast by TRT World (Turkey) TV on June 24, 2016 Link to the broadcast here S... Read more...
Swati Dhingra: ''Europe doesn't matter a good deal with the United Kingdom in the case of Brexit'' The British economy will go down between 1.4% and 2.6% in pessimistic scenario. And life won't be made easier with havin... Read more...
23 June 2016
Brexit: whatever happens, uncertainty is the only certainty Il LSE Centre for Economic Performance ha esaminato l'analisi economica del prof. Patrick Minford, celebre economista pro-Brexit, e l'ha bocciata senza appello... Read more...
Few expect that Britain's departure from Europe will set off a full financial crisis like the one seen after the collapse of the investment banking giant Lehman Brothers in 2008. ... If no deal is struck, the rules of t... Read more...
Paul Henry talks with Adam Drummond, Opinium research manager, followed by Swati Dhingra, lecturer at the London School of Economics, on the Brexit. How are the polls looking, and what economical fallout could face the U... Read more...
Research by the London School of Economics in the report ''Life After Brexit'' is warning Britain would most likely fall into recession if it leaves, as a myriad of agreements unravel over several years. French launch #O... Read more...
By the end of the campaign, the heads of Britain's most respected economic think-tanks issued a joint statement, so worried were they that the message had failed to connect. Paul Johnson, head of the Institute for Fiscal... Read more...
A feeling of anger and frustration with the European Union is strongest in areas of Britain that have seen wages stagnate in recent years, according to research commissioned by the Financial Times. Two leading labour... Read more...
The whole world is eager to know the result of Brexit poll on Thursday. The result could have far economic consequences for the EU and the rest of the world. The greater consequences are more subtle, gradual, and global.... Read more...
Dennis Novy interviewed on live programme broadcast by Canadian TV news channel, focusing on the economic impact of a Brexit vote. This interview was broadcast by CTV News (Canada) on June 23, 2016 Link to broadcast ... Read more...
Meanwhile, the Institute for Fiscal Studies, the National Institute of Economic and Social Research and the Centre for Economic Performance issued a final joint warning that Britain will ''almost certainly'' be worse off... Read more...
22 June 2016
If Brexit passes, Britain will change considerably: border controls may be enacted for Northern Ireland for the first time in nearly a century, immigration to the UK would be sharply curtailed, and Britain's economic str... Read more...
Article by Marc Fleurbaey and Hannes Schwandt One of people's most important goals tends to be the pursuit of happiness. In a new survey which measures people's subjective well-being (another way of thinking about happi... Read more...
Foreign investment brings many benefits to the UK, including higher pay and productivity. But a Brexit vote could end it all, write Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. First, not being... Read more...
There is little evidence to support the former. Roughly 2.2 million EU nationals work in the UK, comprising 6.6% of the workforce, according to the FT report. Another report from the London School of Economics and Centre... Read more...
The UK Treasury's estimate forecasts trade volumes declining by between 14% and 19% by 2030 in comparison to their current trajectory, on the assumption that the UK agrees a bilateral trade deal with the EU similar to th... Read more...
And while some experts argue that FDI is high in the UK due to a favourable business environment, others, such as the Centre for Economic Performance at the London School of Economics, suggest that ''being fully in the s... Read more...
The Institute for Fiscal Studies, the National Institute of Economic and Social Research and the Centre for Economic Performance have all predicted lower real wages in the event of Brexit, higher prices for goods and ser... Read more...
A Leave vote in tomorrow's referendum would ''almost certainly make us financially worse off'' and could cut the UKs GDP by up to 8% - equivalent to £5,760 for every household in the country - a group of respecte... Read more...
In a dramatic escalation of Tory infighting earlier, Mr Cameron told Sky News: 'To hear the Leave campaign today sort of comparing independent experts and economists to Nazi sympathisers - I think they have rather lost ... Read more...
Professor John Van Reenen, Director of the Centre for Economic Performance on panel discussing the economics of Brexit. The discussion was broadcast by Sky News at 10pm on June 22, 2016 Link to broadcast here Relate... Read more...
The Institute for Fiscal Studies (IFS), National Institute of Economic and Social Research (NIESR) and Centre for Economic Performance (CEP) ... This article was published online by Juice Brighton (Radio) on June 22, ... Read more...
Facts appear not to be a major priority for many Leave voters. That is clear when you look at science. In a ComRes poll of 1,616 prospective voters, Leave supporters were revealed to be much more likely to question scien... Read more...
The Center for Economic Performance at the London School of Economics finds that EU immigrants to Britain are better educated and more likely to ... This article was published online by The Wall Street Journal on Ju... Read more...
Britain never joined the euro currency union, freeing it of all sorts of complicated policy commitments that the rest of the EU is obliged to abide by. But despite staying on the pound, Britain still has full access to E... Read more...
Three leading economic institutes have made a joint statement about what they think will happen if we leave the EU. We have published what they said below. Here's what the IFS, NIESR, and the Centre for... Read more...
21 June 2016
Dr Swati Dhingra from the Centre for Economic Performance's Trade Programme video on the possible regulatory autonomy and alternatives to EU membership. Filmed as part of a panel discussion - The EU and the UK: 'the wro... Read more...
The heads of three leading economic think-tanks warned of the dire consequences of leaving the EU. The analysis by National Institute of Economic and Social Research, Institute for Fiscal Studies and Centre for Economic ... Read more...
Three UK economic think tanks issued their final warning about the countrys post-Brexit future just days before the referendum on EU membership, local media reported Tuesday. MOSCOW (Sputnik) - The think tanks includ... Read more...
The economic impacts of Britain leaving the EU With the referendum fast approaching, Thomas Sampson analyses the economic consequences should Britain vote to leave the European Union. Proponents of Brexit, as leaving ... Read more...
As the rival campaigns entered the final straight, independent economists from three of Britain's leading institutions issued a final warning that a vote for Brexit would hit wages and lead to higher retail prices and bo... Read more...
Dennis Novy appeared on a show dealing with the EU and the Transatlantic Trade and Investment Partnership (TTIP), answering questions from members of the public who are worried about TTIP and what it might mean for the N... Read more...
Today Morning Trade talks Brexit and the future of U.K. trade policy with Swati Dhingra, a lecturer in economics at the London School of Economics and a member of the trade research program of the Institutions's Center f... Read more...
The economic consequences of leaving the EU have been a central focus of the referendum campaign. As June 23 draws near, Jagjit Chadha, Paul Johnson and John Van Reenen bring together the conclusions from their research ... Read more...
We are economists who care about Britain and its future. We feel compelled to speak out on the risks of Leaving and opportunities from Remaining in the EU. If Britain votes to Leave we believe that: • A recessio... Read more...
According to Thomas Sampson, assistant professor at the Department of Economics, London School of Economics and Political Science (LSE), an exit scenario would hit the country's economy really hard. Talking to Sputnik, h... Read more...
20 June 2016
The UK is also the top destination for foreign direct investment in Europe and ranked as one of the most attractive FDI markets in the world. But investment would tumble at least 22 per cent over the next decade in the e... Read more...
The IMF, the Bank of England, the Treasury, the OECD, the London School of Economics and many more are... (no link available) This article was published by the Western Daily Press on June 20, 2016 [No link available] ... Read more...
Three leading British economists have warned that leaving the EU would 'almost certainly' damage the UK's economic prospects. The trio, Jagjit Chadha, the director of the National Institute of Economic and Social Resear... Read more...
Thomas Sampson is from the London School Of Economics and has recently authored a paper called, Economists for Brexit: A Critique. He says Britain would be stronger by remaining in the EU. This interview was broadcas... Read more...
19 June 2016
The most serious problem of staying outside any EU trade agreement is the serious impact this might have on foreign direct investment into the UK. Being in the single market makes the UK attractive as a base for exporter... Read more...
Thomas Sampson interviewed on what may happen following a vote for Brexit. The interview was broadcast on the Last Week Tonight with John Oliver show on June 19, 2016 Link to broadcast here [Interview begins at 10:33] ... Read more...
All or nothing at all What sort of deal might that new leader try to get? Some want no deal at all. A group called Economists for Brexit (EFB) suggests simply abolishing all import tariffs. The ensuing rise in trade, ... Read more...
18 June 2016
...leaving the EU would damage the UK economy and says Swati Dhingra of the London school of economics that's true even if we accept Patrick ... This interview was broadcast by BBC Radio 4 on the More or Less program... Read more...
In addition, ''agreements with third countries would be predictably less beneficial for the United Kingdom if it negotiated them alone rather than as part of the European Union,'' he told Dr Swati Dhingra, Economist at t... Read more...
Then there is the question of the effect on Britain's trade with other regions if it is no longer governed by agreements negotiated by the European Union. Eurosceptics assume those agreements dilute Britain's interests b... Read more...
17 June 2016
As June 23 looms closer and closer and Britain makes the ultimate decision whether it should stay in the European Union or go it alone, a recent thorough analysis by Holger Breinlich, Swati Dhingra, Thomas Sampson and Jo... Read more...
A different approach is to estimate how prices for different things would be affected, and then compare this to spending patterns across different income brackets and household types. Using this approach, the ... Read more...
16 June 2016
Things to read about Brexit Below is a selection of informative things to read about Brexit that can help you decide. Please suggest your own in comments, but you cannot post links there. You can send links to editor... Read more...
The failure to make a case for the E.U. had left a big opportunity for Johnson and Nigel Farage, the head of the U.K. Independence Party, to argue that Britain doesn't get anything out of its membership except bureaucrat... Read more...
Last year, a report from the Bank of England supported his comment, suggesting that the wages of low-paid employees in catering, hospitality and care have been driven down by increased competition from EU workers. How... Read more...
15 June 2016
The thinking behind the predictions about Britain's future outside the EU Very costly in all scenarios: Centre for Economic Performance The prediction: A hit to trade in all likely scenarios will bring GDP 6.3-9.5 ... Read more...
Relevant studies, among other things by the Bertelsmann Foundation in collaboration with the Ifo Institute, the Center for economic performance at the London School of Economics and the rating agency Standard & Poor's, c... Read more...
14 June 2016
Experts at the Treasury, the National Institute of Economic and Social Research (NIESR), and the London School of Economics have all found that remaining a part of the EEA would pose the least severe economic risk to the... Read more...
11 June 2016
A bad few days for the image of Britain's retail sector PARLIAMENTARY committees are normally sleepy affairs. Backbench MPs get the chance to grill the occasional bigwig. By replying to questions succinctly witnesses ty... Read more...
The big bluff of robotisation Numerous studies announce us that Automation is going to lead to a massacre of jobs. At the same time, the productivity slowdown worries official economists and Christiane Lagarde, Presiden... Read more...
10 June 2016
Study after study confirms that EU migrants have an overwhelmingly positive effect on the British economy. They have a higher employment rate (78.2%) than people born in the UK (72.5%), those from Poland and other A8 acc... Read more...
Comedian Colm O'Regan takes a look at productivity and its decline in the UK since the financial crisis in 2008. He speaks to Anna Valero from the London School of Economics and Richard Cullen, managing director of ... Read more...
What consequences will Britain's EU referendum have for both the UK and the rest of Europe? In a series of papers published as a collaboration between EUROPP and CIDOB (the Barcelona Centre for International Affairs), LS... Read more...
09 June 2016
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...
Pro-EU forces have warned that if Britain votes to exit the union on June 23, the country could lose almost a million jobs. Recruiters say the damage has already begun. ''Companies are pushing the pause button,'' said Ki... Read more...
Economists for Brexit, argues that such an alternative exists. It rejects post-exit deals with the EU and instead recommends unilateral free trade and reliance for market access on the rules of the World Trade Organisati... Read more...
The London School of Economics' Centre for Economic Performance calculates long-term costs to Britain of lower trade with the EU could be as high as 9.5% of GDP. Leave campaign-supporting economists have as yet not done ... Read more...
Intuitively, automation would lead to higher labour productivity. For instance, with labour-assisting technology such as autonomous drone waiters by local firms, we would expect a fall in the number of waiters serving th... Read more...
08 June 2016
''There's too much wrong information'' Interview with Swati Dhingra How will the British vote on June 23? Swati Dhingra, lecturer in economics at the London School of Economics, has examined the possible effects of a B... Read more...
07 June 2016
In this week's EU referendum Q&A our panel discuss how a Brexit could affect the costs facing UK businesses: Would UK businesses be more or less competitive in the global market if we choose to leave? Swati Dhingra ... Read more...
Numbers are being thrown around by the Vote Leave and Vote Remain campaigns like they're going out of fashion - but what do the experts say and can we trust them? Six out of seven reports predict a Brexit will hurt us ... Read more...
06 June 2016
That leaving the EU would damage the overall economy is now being treated as more of a fact than a speculation. But those for Brexit argue that the rich will be negatively affected while the poor will benefit. This is no... Read more...
03 June 2016
Even aside from the economic consequences of a Leave vote (and read this LSE demolition of the Brexit case), the immediate future for Britain could be very ugly indeed. This article was published by The Economist on... Read more...
Middle and low income households will be poorer because of Brexit - not just the rich, write Holger Breinlich, Swati Dhingra, Thomas Sampson and John Van Reenen. This article was published online by the LSE Business Re... Read more...
02 June 2016
Article by Joan Costa-i-Font, Mireia Jofre-Bonet, Julian Le Grand 02 June 2016 Obesity, particularly in children, is a major health concern in many developed economies, where it presents a costly risk to health ser... Read more...
Economists for Brexit group claims that downturn would be avoided if Britain removed all trade barriers after leaving EU Economists campaigning for Britain to leave the European Union have accused the Treasury and inter... Read more...
Myth: EU immigrants are taking Brits' jobs InFact: Researchers at Oxford, the LSE and NIESR agree; immigration doesn't affect British employment. Meanwhile, Brexit would hit jobs. Intuitively, if immigrants are takin... Read more...
01 June 2016
Stop everything! According to the OECD, the forum of economic reflection of developed countries, the United Kingdom would lose 5% of its GDP in the 15 years to come slamming the door of the European Union. Treasury, Brit... Read more...
Why do so many people want children while they themselves are not happy at all in spirit? Also, we have a selective memory. When we look back on our experiences, we remember the highlights, such as the first smile of a ... Read more...
Also in the programme, just three weeks from the British referendum on leaving the European Union, we bring together two leading economists, Roger Bootle of Capital Economics, and Professor John Van Reenan from the Londo... Read more...
The claim: Trade union umbrella body the TUC says leaving the EU would cut average earnings by £38 per week by 2030. Reality Check verdict: The TUC has taken other bodies' forecasts that leaving the EU would lea... Read more...
Economics experts have blasted key assumptions underpinning the Brexit campaign's financial arguments in favour of leaving the EU. The report by the London School of Economics and Political Science's Centre for Econ... Read more...
The LSE's Centre for Economic Performance said earlier this month that a reduction in immigration into the U.K. if the country votes for a Brexit wouldn't lead to any improvement in living standards for those born in Bri... Read more...
31 May 2016
Article by Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acr... Read more...
30 May 2016
The EU referendum debate has started to focus on the economic fallout of a leave vote for the UK - and also for Europe. Research from the Organisation for Economic Co-operation and Development (OECD) released in April su... Read more...
...financial arguments in favour of leaving the EU. The report by the London School of Economics and Political... This article was published by the Lancashire Evening Post on May 30, 2016 (no link available) Relat... Read more...
What issues have the greatest negative impact on UK businesses? Both sides of the debate have argued that there is either too much or very little EU red tape. These confusing arguments haven't helped to clarify the ... Read more...
The second programme I heard and was inspired by was this week's Radio 4 'All in the Mind'. The key messages here also chimed with much of my own thinking about the purpose of education, the pressures created by asse... Read more...
29 May 2016
Britons would benefit from lower prices if the U.K. left the European Union, according to Patrick Minford, a professor at Cardiff University and co-chairman of Economists for Brexit. According to Minford, t... Read more...
27 May 2016
The possibility of the UK leaving the European Union (EU) has generated an unusual degree of consensus among economists. Acrimony and rancour surrounded debates around austerity and joining the euro, but analysis from th... Read more...
In keeping with the fishy origins, it seems "kippers" are on the rise. Kippers? Yes, you heard it correctly. Some wag has come up with Kids In Parents Pockets Eroding Retirement Savings. It's eve... Read more...
26 May 2016
Free nursery care for three year olds has made little or no improvement in primary school exam results, a nine-year study has revealed as academics say the Labour policy has had 'no impact'. ... However, the first and l... Read more...
24 May 2016
As every summer, exams are in the news. We look at whether the pressure to do well in exams is having an effect on children's mental health. We speak to experts from Education, Psychology and Economics who are now work... Read more...
Claim Being in Europe means lower prices in UK shops, saving the average UK household over £350 a year. If we left Europe, your weekly shop could cost more. Conclusion This isn’t the impact of b... Read more...
23 May 2016
Claim Leaving the EU would cost the average UK household at least £850 a year, and potentially as much as £1,700, according to research released by the London School of Economics. Conclusion The... Read more...
Responding to Hilton’s article, Javid said: “Steve is entitled to his view … the central issue here is that economically, we are far better off being part of this single market … Now you have the Bank of England, the IMF... Read more...
Article by Marco Manacorda and Andrea Tesei Digital technologies have been widely used for political activism in recent years, including during the Arab Spring, the Occupy Wall Street movement, and the Indignados mo... Read more...
22 May 2016
According to Dennis Novy, Associate Professor of Economics at the University of Warwick: ''TTIP has the potential to benefit millions of consumers. It goes far beyond an economic project. Its current timetable seems ambi... Read more...
20 May 2016
''The pro-Brexit argument that Britain will be free of lots of regulations, that there will be a bonfire of red tape that will cause us to grow rapidly and we'll strike lots of new trade deals as this buccaneering new En... Read more...
The most recent research from the centre for economic performance at the London School of Economics says ''the areas of the UK with large increases in EU immigration did not suffer greater falls in the jobs and pay of UK... Read more...
The UK will soon vote on whether to end its 43-year membership in the European Union. Opinion polls suggest the vote is too close to call, with the ''stay'' and ''leave'' side switching leads on a regular basis, and this... Read more...
19 May 2016
Prof John Van Reenen, director at the Centre for Economic Performance at the London School of Economics, says that while it may be tempting to assume that Europeans are taking jobs that might otherwise go to British work... Read more...
There's been no shortage of hype about the relationship between cities and data, especially so-called big data. For large numbers of tech companies, cities, and even a growing number of urbanists, data promises to solve ... Read more...
18 May 2016
Research for the Centre for Economic Performance at the LSE examines the impact of mobile phone bans on pupils' academic achievement in subsequent years. The researchers, Louis Philippe Beland at Louisiana State Universi... Read more...
Jane Collins, employment spokesman for the pro-Brexit United Kingdom Independence party, said the 2.1m EU nationals working in Britain were ''a huge boon to multinational companies who can exploit the oversupply of labou... Read more...
However, if there is one thing we as investors don’t like, it is economic uncertainty. As several important bodies have said — the International Monetary Fund, Bank of England, London School of Economics, the Treasury an... Read more...
As the EU referendum draws closer, our expert panel answers a question from one of our readers about the potential effect on small businesses' intellectual property. What would Brexit mean for my business's intellectual... Read more...
Two issues dominate the EU referendum debate: economics and immigration. When it comes to my field of economics, polling evidence suggests that if people became convinced that they would be worse off by leaving, even if ... Read more...
17 May 2016
The London School of Economics' Centre for Economic Performance calculates the long-term costs to Britain of lower trade with the EU could be as high as 9.5 per cent of GDP, while the fall in foreign investment could cos... Read more...
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...
The London School of Economics' Centre for Economic Performance calculates that the long-term costs to Britain of lower trade with the EU could be as high as 9.5% of GDP, while the fall in foreign investment could cost 3... Read more...
With so many heavyweights, from Barack Obama to Mark Carney, saying that we will be worse off with Brexit, why are the polls still neck and neck? There seem to me two reasonable explanations: that the tabloid media have ... Read more...
...of England, the Organisation for Economic Co-operation and Development, London School of Economics and Confederation of ... This broadcast was made by Wessex FM on May 14, 2016 (no link available) Related publ... Read more...
14 May 2016
The prime minister, campaigning in his Oxfordshire constituency, said people had 40 days to make up their minds about which side to take in what would be ''the choice of a generation''. Urging people to take on board war... Read more...
A major argument of the Leave campaign is that Brexit would give the UK more control over the flow of EU immigrants, who have supposedly hurt the jobs and pay of British workers. Research by Jonathan Wadsworth, Swati Dhi... Read more...
13 May 2016
According to various studies at the Centre for Economic Performance (CEP) of the London School of Economics, Brexit does reduce the fiscal deficit. That would be, according to CEP, the main benefit. The principal cost wo... Read more...
EU immigration to the UK has not harmed British peoples' access to jobs, public services or incomes, a major study has concluded. The report, by the London School of Economics, has dispelled a number of 'myths' or miscon... Read more...
12 May 2016
Brexit uncertainty ''would tend to push up risk premia'', as InFacts has already pointed out. Funding costs for banks could go up, as would borrowing costs for homeowners and consumers. The UK's current account deficit i... Read more...
There is little evidence that more migrants push wages down or unemployment up. Economists from the Centre for Economic Performance at the London School of Economics say that when they look at the areas with the largest ... Read more...
I've become extremely pessimistic about the Leave campaign lately as it has latched on to Faragist arguments about immigration as a major reason to get out of the EU. This is not just naive liberalism - on virtually eve... Read more...
Article by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen This morning's national insurance figures have further stoked the debate about immigration, and the extent to which leaving the EU wo... Read more...
Article by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen Many people believe immigration wave has hurt UK workers and think that leaving the EU would make things better. To investigate this ... Read more...
11 May 2016
Research published last year by the London School of Economics found that banning mobile phones affected school pupils according to their ability. ''Banning mobile phones improves outcomes for the low-achieving students ... 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...
In another development, the London School of Economic said a reduction in immigration if the country votes to leave wouldn't lead to any improvement in living standards for those born in Britain. ''Cuts in EU immigration... Read more...
Research blames 2008 recession for lower real salaries rather than rise in foreign workers, adding they paid more into UK economy than they took out The rapid increase in migration from other EU countries has not had an... Read more...
Contrary to what some believe, inequality, wages and job opportunities for British-born citizens have not been negatively impacted by the recent surge in migrants from the EU, a new study suggests. Published by the... Read more...
Article by Jonathan Wadsworth, Swati Dhingra, Gianmarco Ottaviano and John Van Reenen A major argument of the campaign to leave the EU is that Brexit would give the UK more control over the flow of immigrants from acros... Read more...
State of Working Britain blog, article posted by Jonathan Wadsworth Immigration has for some years been the uppermost worry among the issues thought to be facing Britain in many opinion polls so it - or rather people's... Read more...
A reduction in immigration into the U.K. if the country votes to leave the European Union next month wouldn't lead to any improvement in living standards for those born in Britain, according to research from the London S... Read more...
Article by Cletus C. Coughlin and Dennis Novy Borders impede trade, and a major objective of research in international trade has been to identify by how much. This column argues that bilateral trade data can give a misl... Read more...
08 May 2016
Learning to decipher the squiggles on the page well enough to pass the key stage 1 Sats does not make you a reader, says author Susan Elkin Teaching reading in itself is pointless. All the phonics, decoding skills ... Read more...
The economist putting Brexit into context: meet Swati Dhingra To take a closer look at the implications of 'Brexit', I asked Assistant Professor Swati Dhingra, of the Department of Economics and Centre for Economic Perf... Read more...
07 May 2016
Although phonics - breaking words down into their constituent parts - has been one of the main ways in which parents and teachers teach children to read for many years, new research from the London School of Economics ... Read more...
05 May 2016
Dennis Novy interviewed, speaking about the true cost of Brexit - how British expats are divided over Brexit. The interview was recorded and broadcast by DW Business News on May 5, 2016 Link to broadcast here [intervi... Read more...
A large-scale study tracking the progress of more than 270 000 students has concluded that teaching reading through a synthetic phonics programme has long-term benefits for children from poorer backgrounds and those who ... Read more...
04 May 2016
Article by Dr Jordi Blanes i Vidal LSE research on 'insider' relationships provided concrete evidence for curbing the influence of lobbyists in the US political system. The influence of money in politics is widely rega... Read more...
03 May 2016
There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the London School of Economics (LSE) - about 30 times the number of new houses London needs a year. But o... Read more...
30 April 2016
As an economist, diplomat and secretary-general of the OECD, you might expect Angel Gurria to offer a dry, academic assessment of global issues. Not when it comes to Britain leaving the European Union. On Wednesday, ... Read more...
28 April 2016
A UK exit from the EU would immediately hit confidence and raise uncertainty which would result in GDP being 3% lower by 2020, which equates to GBP 2200 per household. An OECD report released this morning states that suc... Read more...
A group of eight well known economists have released a report under the banner of Economists for Brexit, explaining how they think leaving the EU would be good for the UK economy. They predict that, in 2020, the UK ec... Read more...
Today eight economists have struck out against much mainstream economic thinking and suggested that the UK economy would flourish outside the European Union. They are up against formidable opposition - what those who su... Read more...
The consensus among economists that Britain's departure from the EU would damage its economy was broken on Thursday with the publication of a pamphlet from Economists for Brexit. This rejected the ''economic nonsense'' o... Read more...
The Brexiteers' economic case has taken a real kicking in the last few weeks. The International Monetary Fund, the Treasury, the OECD, the London School of Economics and President Barack Obama have all put the boot in. ... Read more...
''Leaving the EU would impose a Brexit tax on generations to come,'' says OECD Secretary-General Angel Gurria. ''Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit.'' ... Read more...
Although empirical evidence about the effects of phone access on learning seems to be scarce, the findings of a recent study on student phone access and the achievement gap by Louis-Philippe Beland and Richard Murphy for... Read more...
27 April 2016
The OECD published a report analysing the economic consequences of a UK exit from the EU. Presenting the findings of the report at the London School of Economics this morning, Gurria described the impact of leaving the E... Read more...
Mention of OECD Brexit event hosted by CEP. The news item was broadcast by Channel 4 News on April 27, 2016 Link to news broadcast here See also BBC Radio 4 Today Angel Gurria (OECD) interviewed. [Link no longe... Read more...
From middle schools to colleges, cellphones' adverse effects on student achievement may outweigh their potential as a learning tool. The findings of a recent study on student phone access and the achievement gap by Loui... Read more...
The UK will pay a heavy price if it votes to leave the EU on June 23, the OECD, an economic forum of mainly rich countries, said on Wednesday. ''Our conclusion is unequivocal. The UK is much stronger as a part of Europe,... Read more...
Less than two months before Britain's historic vote over whether to remain in the European Union, voters remain deeply divided over the decision. But among economists, there is little question that a so-called Brexit wou... Read more...
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...
The head of the Organisation for Economic Co-operation and Development said on Wednesday that he saw no potential benefits for the British economy if voters decide to leave the European Union at a referendum in June. ... Read more...
Thinktank predicts leaving EU would lead to damaging trade barriers and immigration slowdown, with limited economic benefits Angel Gurria, secretary-general of the Organisation for Economic Cooperation and Development, ... Read more...
There is a long-running joke that if you laid all the world's economists end to end they would never reach a conclusion. But the debate over whether the UK should leave the EU is generating more consensus in the dismal... Read more...
SIR - I noted with interest the research from the London School of Economics into the use of synthetic phonics in schools. Phonics is a highly effective method of helping children who are behind with reading to catch... Read more...
26 April 2016
Here are two newspaper headlines from 25 April 2016: •The Guardian: Reading boosted by phonics, study says •The Daily Telegraph: Phonics test 'does not improve reading' If ever there was evidence needed... Read more...
Sandra McNally interviewed for the drivetime show, discussing recently published research on teaching reading with 'synthetic phonics'. This interview was broadcast by BBC Radio Ulster's Evening Extra programme on April... Read more...
Traditional teaching methods championed by Government do not improve children's reading skills, a landmark London School of Economics (LSE) study shows. Teaching children in a way in which words are broken down into ... Read more...
25 April 2016
An ''inexpensive trial'' policy improved all pupils' literacy in the early years and had long-term effects on children who struggle with reading, a major new study has found. The ''teaching to teach'' literacy study, whi... Read more...
Welcome to the latest issue of Best Evidence in Brief, brought to you by the Johns Hopkins School of Education's Center for Research and Reform in Education and the Institute for Effective Education at The University of ... Read more...
Using synthetic phonics to teach children how to read can have considerable long-term benefits for pupils from disadvantaged backgrounds and those who do not have English as a first language, according to a new study by ... Read more...
Poor land-use regulation is the main reason for Londons crazy prices. Two problems stand out. ... There is enough green-belt land in Greater London to build 1.6m houses at average densities, says Paul Cheshire of the Lo... Read more...
An assessment of more than 270,000 children by LSE's Centre for Economic Performance (CEP) discovered that those who were learning phonetically had developed far better by age seven than those using traditional methods. ... Read more...
US PRESIDENT Barack Obama is expected to give a major boost to the Remain campaign tomorrow by backing David Cameron's call for Britain to stay in the European Union. Earlier this week the Treasury published analysis su... Read more...
21 April 2016
A new study published by scientists at the University of Leicester suggests that pregnant women who are exposed to violence are more likely to experience preterm birth and even low birthweight for the baby. Re... Read more...
20 April 2016
Britain's postwar record on productivity can be split into two periods: pre and post Margaret Thatcher. Prior to Thatcher, output per hour in Britain was growing more slowly than France, Germany and the US, according to ... Read more...
Swati Dhingra interviewed about Brexit. The interview was broadcast by BBC Radio 5 Live at 10:30pm on April 19, 2016 [No link available.] Related publications See the complete set of CEP Brexit Analysis research ... Read more...
19 April 2016
A report from the London School of Economics on April 15 estimated that foreign investment in the UK could fall 22% over the next decade. It is of course feasible that business and investment will later return to Britain... Read more...
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...
A very awkward fact for the Brexit campaign is that in the last quarter of 2015, Britain's current-account deficit hit a record 7 per cent of GDP. That needs to be financed. But the risk of Brexit is already acting like ... Read more...
You can quibble with the numbers. You always can. But the impact of leaving the European Union is clear: it would make Britain poorer. You don't need to take the Treasury's word for it. (And no, they didn't support ... Read more...
Investors who strongly favour green energy make less thorough location searches, writes Yatang Lin Wind power is becoming an increasingly important part of the US energy mix, taking up more than four per cent of the tot... Read more...
In a recent paper published in the Journal of Development Economics, researchers Professor Marco Manacorda (Queen Mary University of London) and Dr Martin Foureaux Koppensteiner (University of Leicester) focus... Read more...
18 April 2016
How does the Treasury estimate for “losses” compare with other economists’? Many independent economists have suggests some reduction in GDP growth from Brexit, and a few have suggested po... Read more...
John Van Reenen interviewed about Brexit. The interview was broadcast by BBC 1 News at 6pm and again at 10pm on April 18, 2016 (no link available) Related publications See the complete set of CEP Brexit Analysi... Read more...
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, defended the Treasury analysis as a ''serious piece of work'', which was in line with other independent studies. ''The T... Read more...
Leaving the EU would cause Britain's economy to shrink and tax receipts to plummet, and cost the average household thousands of pounds a year, an official analysis from the UK treasury has warned. The treasury assess... Read more...
British finance minister George Osborne said on Monday that a vote to leave the European Union could cost each household 4,300 pounds ($6,100) a year by the early 2030s. Following is a look at how he reached this conc... Read more...
THERE is much dispute in the Brexit debate over the economic effects of leaving the EU. Even Brexiteers accept that there would be some short-term costs from uncertainty, but they claim that in the long run Britain could... Read more...
The Treasury's 200-page Brexit analysis was published on April 17, 2016. The analysis referred to the Centre for Economic Performance's Brexit Analysis Series. A recent study by the London School of Economics (LSE) Cent... Read more...
Article by John Van Reenen Many people are considering the personal financial impact of EU membership, and LSE academics have crunched the vital numbers By referendum day on 23 June, all voters will have to weigh up wh... Read more...
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...
The Treasury will publish details of its long-term economic assessment of EU membership on Britain's economy and prosperity on Monday, but the approach the Treasury has taken is clear from a George Osborne article in the... Read more...
17 April 2016
The frustrating thing is that politicians seem quite happy to ignore evidence - even when they have helped to support the researchers who produced it. For example, when the chancellor George Osborne announced in his bud... Read more...
16 April 2016
Leaving the EU could lead to a fall in inward foreign direct investment of close to a quarter, writes CEP team: Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. ... Read more...
15 April 2016
Article by John Van Reenen Foreign investors love Britain, but Brexit would kill the vibe. According to new research colleagues and I have conducted at the Centre for Economic Performance, leaving the European Union cou... Read more...
The loss of income per household from reduced trade and lower productivity that would result from the UK voting to leave the European Union could be similar to the decline in UK GDP during the global financial crisis, ac... Read more...
Whether Britain loses access to the single market depends on the terms of any exit. Under the optimistic scenario, Britain would join the European Economic Area as non-member countries like Norway and Switzerland have do... Read more...
Leaving the European Union would reduce flows of foreign direct investment (FDI) into the UK by more than a fifth, damaging productivity and lowering people's incomes, according to new research released today by LSE's Ce... Read more...
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
…but economists think that leaving would come at some economic cost The FT also reviewed three recently published studies, by the Centre for Economic Performance at the London School of Economics, Pr... Read more...
13 April 2016
A leaflet being sent out by Britain Stronger in Europe says: ''Jobs at risk, higher prices and your family worse off by at least £850 a year if we leave Europe.'' Is that figure true? The £850 per household ... Read more...
... Do we need a different way to spur innovation and disseminate new technologies quickly around the world? Are patents, which reward inventors by providing them with a government-guaranteed monopoly over their inventio... Read more...
12 April 2016
New research by London school of economics Professor Christian Hilber and Wouter Vermeulen of the Netherlands Bureau for Economic Policy Analysis provides strength and evidence of the connection between high housing pr... Read more...
Article by Swati Dhingra Like the Out campaigners of the 1970s, Brexit supporters believe EU membership is bad for British workers and the British economy but the data tells another story This article was published onl... Read more...
Brexit will affect British trade and living standards Article by Swati Dhingra, Hanwei Huang, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen Smaller turnover in foreign trade in the wake of weaker integration ... Read more...
There'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...
If you're reading this you probably don't need convincing, but one of the most significant milestones in economic research over the last several years was documenting empirically that it really is true. A new paper buil... Read more...
11 April 2016
There is a wide consensus that leaving the EU would come at some economic cost. For example, every year the Financial Times surveys a group of over 100 economists. Similarly, a recent gathering of economists at the Royal... Read more...
It costs a relatively large amount of money to buy a house in the UK - something readers from the UK will almost certainly agree with. But economists differ over why this is. This column argues that strict planning regul... Read more...
10 April 2016
A generation of young, 'middle achievers' are being left behind by the Government because they do not go to university, a damning report has claimed. Most youngsters - 53% - do not go on to university or do A levels, yet... Read more...
08 April 2016
53% of young people do not follow the 'traditional' academic route into work. This majority of young people are significantly overlooked in their transition for work by the education system and the focus on apprenticeshi... Read more...
The article is an in depth summary of Nicholas Bloom and John Van Reenen's research on the difference in management practices. Ideally, this summary highlights the key points of focus as established by the authors. Th... Read more...
07 April 2016
Areas experiencing poor economic performance are often targeted by governments with programmes aimed at improving employment. However, there are concerns that any increases in employment come at the cost of reduced emplo... Read more...
Swati Dhingra, Assistant Professor of Economics at the London School of Economics and Political Science and Senior Lecturer with the Trade Programme at the Centre for Economic Performance (LSE), is among the final shortl... Read more...
A new RISE working paper, describing the development of an expanded survey tool, presents research findings that could be used to help systematically measure management practices in schools in developing countries, and p... Read more...
05 April 2016
Article by Swati, Dhingra, Hanwei Huang, Gianmarco I.P. Ottaviano, Thomas Sampson and John Van Reenen The economic consequences of leaving the EU are at the heart of the Brexit debate. This column studies how changes in... Read more...
04 April 2016
Article by Swati Dhingra Last week's Brussels visit by Prime Minister Narendra Modi has started speculations that there will now be a renewed push for talks on the stalled EU-India broad-based trade and investment agree... Read more...
The Center for Economic Performance, at the London School of Economics, which sees itself neutral, says the worst-case scenario in the event of a vote to leave the bloc is a 6.3 percent to 9.5 percent reduction in G.D.P.... Read more...
02 April 2016
The Center for Economic Performance, at the London School of Economics, which sees itself neutral, says the worst-case scenario in the event of a vote to leave the bloc is a 6.3 percent to 9.5 percent reduction in GDP, '... Read more...
A vote to leave the European Union in the June 23 referendum could hamper efforts to make it easier and cheaper to do business in the bloc, potentially costing service providers billions of pounds, analysts and trade exp... Read more...
01 April 2016
There is a wage premium for getting a first or upper second, find Shqiponja Telhaj and colleagues Since the early 1960s, with developments in the field of human capital research, analysis of the returns to education has... Read more...
A vote to leave the European Union in the June 23 referendum could hamper efforts to make it easier and cheaper to do business in the bloc, potentially costing service providers billions of pounds, analysts an... Read more...
31 March 2016
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...
In phase three, after the negotiated settlement, the economic effects are the subject of wide and varying analysis and speculation, based largely on the eventual outcome of the settlement. Put simply, there are two mai... Read more...
David Cameron has mocked eurosceptics for failing to work together as a new report claims each British family pays £200 a year less thanks to the European Union. ... Meanwhile a report produced by the Centre for E... Read more...
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...
Swati Dhingra of the Centre for Economic Performance at the London School of Economics talks about the key economics of Brexit. The interview was recorded at the Royal Economic Society annual conference at The University... Read more...
30 March 2016
On 23 June, the UK will decide whether or not to leave the EU. While the general population is divided on the issue, the overall consensus among economists at a session on Brexit at the Royal Economic Society's annual co... Read more...
Susanna Khavul and Saul Estrin of the Centre for Economic Performance argue that crowdfunding engages a wider pool of entrepreneurs and investors than traditional venture capital markets did. This article was published ... Read more...
UK's exit from the European Union (EU) - the Brexit - could cost the UK economy £100 billion and 950,000 jobs by 2020, pointed out a PwC-made report commissioned by the Confederation of British Industry (CBI) whose... Read more...
29 March 2016
''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...
The Centre for Economic Performance estimates that Brexit would reduce UK gross domestic product (GDP) by up to 3.1%. However, this doesn't factor in losses associated with lower foreign direct investment (FDI), fewer sk... Read more...
26 March 2016
Hunt argues that, with the NHS budget already under huge pressure, funding levels can only be maintained if the British economy remains strong. He cites a series of economic surveys, including from the CBI, the London Sc... Read more...
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
Amy Mollett, Social Media Manager, rounds up how LSE currently uses Twitter for sharing research, interacting with students and alumni, and promoting events. She also looks at what the future of academic social media mig... Read more...
24 March 2016
Expansion of higher education systems around the world is likely to continue, according to a study that found a strong correlation between opening universities and significantly increased economic growth. An analysis... Read more...
23 March 2016
If the UK added 1 university to each region, national income would grow 0.7%, write Anna Valaero and John Van Reenen. This article was published by the LSE Business Review blog on March 23, 2016 Link to article here ... Read more...
The Centre for Economic Performance at LSE released a report last week that also states that British living standards and trade will be damaged if an ''out'' vote wins the referendum. In their research, the body states t... Read more...
22 March 2016
Is Britain better off outside the EU? Over the past four days, three economic research groups have attempted to answer that question. All recognise the question is difficult because no one knows what relationship the UK ... Read more...
CEP's Swati Dhingra among experts weighing up the possible scenarios for a UK shoe company importing from Spain The EU is Britain's largest trade partner. If Britain votes to leave the EU, the government has not clarifi... Read more...
National income may fall between 1.3% and 2.6%, writes a Centre for Economic Performance team Those who say that leaving the EU is a win-win because Britons will both feel more free and become a lot richer are not being... Read more...
How do we tally the economic consequences of Brexit? ... What matters is the quality of the jobs that Britons will work in outside versus inside the EU. For material well-being, that depends largely on whether the UK's ... Read more...
For over two years, a research team at the Centre for Economic Performance (CEP) has been studying the likely impact of the UK leaving the European Union. Their latest report focuses on the impact of 'Brexit' through cha... Read more...
21 March 2016
The CBI also said savings from reduced contributions to the EU's budget and regulation would be greatly outweighed by the negative impact on trade and investment. Last week a report by the Centre for Economic Performance... Read more...
In this extract from the LSE Centre for Economic Performance's second briefing paper on Brexit, Swati Dhingra, John van Reenen, Thomas Sampson and Gianmarco Ottaviano conclude that - in the most optimistic scenario - UK ... Read more...
19 March 2016
A British exit from the European Union would wipe as much as 6,400 pounds ($9,300) from average household incomes in the U.K. as trade deals sour, according to research by the London School of Economics. &ldqu... Read more...
18 March 2016
Weekly recommendations include: On the LSE Business Review blog, work by Nguyen and Van Reenen using an RDD to show that tax credits increased R&D spending and innovation among SMEs in the UK. The item was published by... Read more...
Leaving the EU would cost UK households at least £850 a year each, according to research that prompted a furious response from Brexit supporters on Friday. The economists at the Centre for Economic Performance at t... Read more...
A vote to leave the European Union would spark a 'constitutional crisis' that could put the future of the UK at risk, according to the Welsh First Minister. In an exclusive interview with The Independent, Welsh leader Ca... Read more...
The UK leaving the European Union would knock £850 off the average UK household's income, according to a report from the Centre for Economic Performance (CEP) at the London School of Economics. And that's its concl... Read more...
''The fiscal target should be on balancing the books on current spending over the business cycle - just as it was when the Office for Budget Responsibility was first set up in 2010. Otherwise there will always be too mu... Read more...
17 March 2016
Article by Guy Michaels Over the last 30 years, floods have killed more than 500,000 people globally, and displaced about 650m more. In a recent paper published by the Centre for Economic Performance, we examined why so... Read more...
The Danes are the happiest people on Earth, followed by the Swiss, while Britons are comparatively miserable among the rich nations, but happier than the French and Italians. The only European countries happier than the ... Read more...
16 March 2016
The SDSN is pleased to present the 2016 World Happiness Report in two volumes - the 2016 Update and the Special Rome Edition, including an update on national rankings and new analyses. A key focus this year is on the in... Read more...
All schools will become academies, announced George Osborne in his 2016 Budget speech. But the impact of such mass rollout on students' performance is uncertain, explain Andrew Eyles and Stephen Machin. This article was... Read more...
Last year a London School of Economics study found that banning phones from school boosts exam results and benefits low-achieving and low-income pupils the most. This article was published by The Times on March 16, 201... Read more...
John Van Reenen, Director of the Centre for Economic Performance, gives his reaction to the 2016 Budget. The austerity approach continues, despite it having little economic sense. Fuel duty is frozen as a sweetener to hi... Read more...
'We are required to help refugees despite costs' De opvang van de vluchtelingen zal de Europese welvaartsstaten niet onder druk zetten. Dat stellen twee topprofessoren in het onderzoek naar migratie, Klaus Zimmermann en... Read more...
15 March 2016
Scholars who have read the paper say it makes a valuable contribution to the field. The model ''is stylized but rich enough, I think, to capture some of the main features of the sector,'' explains John Van Reenan, an eco... Read more...
Looking into FDI (foreign direct investment), the London School of Economics' Centre for Economic Performance determined that if the UK could reach favorable free trade agreements with the EU after a Brexit, it will lose... Read more...
In the run up to the vote on June 23 we'll be putting a selection of your questions to our panel, which includes business groups, academics, trade experts and journalists. The panel includes: Swati Dhingra is an assista... Read more...
How to reduce the risk of depression during your retirement? The good news of the day, is that I put a hand on a study that deals with precisely this sensitive topic. Entitled Retirement blues, it is written by Gabriel ... Read more...
14 March 2016
WHAT BRITISH THINK ABOUT BREXIT CNC has asked Dr. Swati Dhingra, Assistant Professor at London School of Economics and Political Science, on the benefits and risks of a Brexit for the UK. SOUNDBITE (ENGLISH): Dr. SWA... Read more...
Although the report also raised as an option Britain signing onto the North American Free Trade Agreement, report co-author Swati Dhingra said she does not envisage that happening. Even if it did, Dhingra said, it would ... Read more...
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
A separate report by the London School of Economics' Centre for Economic Performance has called on parties and politicians to publish their plans for a post-Brexit world, as well as their policy manifestos, ahead of the ... Read more...
11 March 2016
Mention of 2014 CEP research on immigration and the labour market. The programme was broadcast by Sky News on March 11, 2016 Link to broadcast here Related Publications Immigration, the European Union and the UK La... Read more...
Not exactly, but researchers from the London School of Economics and Political Science did find that walkers tend to be thinner than gym-goers. In an analysis of 50,000 people over the age of 13, those who did at least 3... Read more...
According to studies conducted by John Van Reenen, director at the Centre for Economic Performance at the London School of Economics and Political Science, differences in productivity between other countries and the US c... Read more...
UK business R&D would be 10 percent lower in the absence of tax breaks, write Kieu-Trang Nguyen and John Van Reenen. This article was published by the LSE Business Review blog on March 11, 2016 Link to article here ... Read more...
Recently, Zack Cooper, Stuart Craig, Martin Gaynor, and John Van Reenen released a landmark study on national private health care price variation that was completely at odds with Medicare data on health care spending. T... Read more...
10 March 2016
Technology certainly has its place in the classroom, but not when as a smartphone. According to a new study from the London School of Economics, banning smartphones was linked to improved test scores among students in th... Read more...
With both campaigns heating up ahead of June's referendum on EU membership, Reuters Jacob Greaves has spoken to a leading economist - CEP's Thomas Sampson - about the truth behind some political claims. This video i... Read more...
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
Article by Guy Michaels Over the last 30 years, floods have killed more than 500,000 people globally, and displaced about 650 million more. In a recent paper published by the Centre for Economic Performance, we examined... Read more...
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
London School of Economics and Political Science recently produced a report that found that grades improved in schools that banned mobile phones. This effect was most pronounced for struggling students; however, trying t... 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...
London is not representative of the entire economy of Britain, however; leaving the European Union would cause a large economic shock. The Centre for Economic Performance at the London School of Economics predicted a 6.3... Read more...
07 March 2016
The London School of Economics' Center for Economic Policy[sic] has calculated that, even if trade barriers with other European countries do not significantly increase, per capita income in Britain will fall by between 1... Read more...
05 March 2016
Article by Swati Dhingra and Thomas Sampson All scenarios embody very different visions of the country's future place in the world, write Swati Dhingra and Thomas Sampson. To make an informed decision on the merits of l... Read more...
Article by Swati Dhingra and Thomas Sampson In June, UK voters will decide whether to remain part of the EU. This column explores the UK's options if a majority votes in favour of Brexit. One possibility is for the UK, ... Read more...
04 March 2016
Dr Swati Dhingra interviewed on freetrade This interview was broadcast by BBC Radio Nottingham on March 3, 2016 Link to broadcast here Also on various other local BBC regional stations Related publications Th... Read more...
03 March 2016
Management is thought to play a key role in explaining this gap. In 2012, the results of a decade-long worldwide study carried out by academics at Stanford, Harvard and the LSE found the UK had more badly managed firms t... Read more...
Source: London School of Economics and Political Science Country: World Abstract Does economic activity relocate away from areas that are at high risk of recurring shocks? We examine this question in the context of floo... Read more...
Dr Swati Dhingra discusses the concept of free trade. The interview was broadcast by BBC Radio 5 Live News on March 3, 2016 Link to recorded interview here Also on eight other local BBC radio stations. Related Li... Read more...
In a recent paper published by the Centre for Economic Performance, we examined why so many people are hit by devastating floods. We looked at 53 large floods, which affected more than 1,800 cities in 40 countries, from ... Read more...
Listen to CEP's Dr Swati Dhingra speaking on the EU's role in the UK economy. This interview was broadcast on BBC 5 Live - Up All Night programme on March 3, 2016 Link to broadcast here (from 17m02s) Related link... Read more...
The growing use of mobile phones in Africa leads to more political protests during recessions and periods of national crisis, according to research by Professor Marco Manacorda and Dr Andrea Tesei to be presented at the ... Read more...
01 March 2016
But how much of a difference can brisk walking make in comparison to other forms of exercise? Using measurements based on body mass index (BMI) - ratio of height to weight, researcher Dr. Grace Lordan a specialist in he... Read more...
In the latest State of Working Britain blog, editor Professor Jonathan Wadsworth writes: Common Mis-Perceptions About Recent UK Labour Market Performance No 1. A Record number of people in work The opening sentenc... Read more...
Paul Cheshire is interviewed about building on the green belt in the South East. The interview was broadcast by BBC South East on the Inside Out programme on February 29, 2016 Link to recorded interview here Related... Read more...
29 February 2016
A study by University College London estimated that migrants coming to the UK since 2000 have been 43 per cent less likely to claim benefits or tax credits compared to the British-born workforce. ''Immigrants, especially... Read more...
26 February 2016
For sceptics and fans of Europe alike, 2016 promises to be the year of reckoning for Britain's position in (or out) of the EU. But now the options of membership have been put before the electorate - following David Came... Read more...
Analysis by the Centre for Economic Performance at the London School of Economics has also dismissed the Leave campaign analysis that the UK economy would be unaffected. It considered an ''optimistic scenario'' with sma... Read more...
25 February 2016
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
Dennis Novy gave a live TV interview with Deutsche Welle TV. The topic was the letter issued by various UK business leaders arguing in favour of Britain remaining a member country of the European Union. Dennis discussed ... Read more...
23 February 2016
''London is going to be worse hit than other places,'' said Swati Dhingra, an economist specializing in trade at the London School of Economics, describing the city's deep connections with European trading partners and f... Read more...
22 February 2016
According to CEP's researchers writing in the latest issue of CentrePiece, its departmental magazine, crowdfunding ''serves as a robust source of alternative entrepreneurial finance which has operated in a stable and pre... Read more...
18 February 2016
The UK is still some way off solving the productivity puzzle after final estimates for 2014 from the Office for National Statistics (ONS) showed that productivity was 18 percentage points lower than the average for the r... Read more...
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
On Monday 15 February Paramount Pictures hosted a private screening of the movie "The Big Short" at the Picturehouse Central cinema. Prof. Tim Besley and Prof. Richard Layard joined a panel discussion afterwards with... Read more...
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
Article by Swati Dhingra During the run up to this referendum, much has been said about the political consequences of leaving the EU (so-called 'Brexit'). But less attention is given to the economic consequences of Brex... Read more...
09 February 2016
Latest State of Working Britain blog by Jonathan Wadsworth The central message is that it would be wrong to conclude from analysis of the net change in employment that migrants take all new jobs. Rather the net change i... Read more...
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
Vehicle production "Made in Britain" has reached peaks in 2016, but the uncertainties on the future of the industry with the release of the European Union and the common market. Thomas Sampson, Profe... Read more...
26 January 2016
In the first of a new blog from LSE's Centre for Economic Performance, Jonathan Wadsworth comments on the issue of full employment in the UK. This article was published online by the CEP's The State of Working Britain b... Read more...
Dr Thomas Sampson from the Centre for Economic Performance says the EU accounts for about half of all UK trade. This interview was broadcast by Sky News Tonight on January 25, 2016 Link to interview here Related pub... Read more...
25 January 2016
The CBI estimates that leaving the EU would, ''conservatively'' have a significant net negative impact on the UK economy of £78bn annually, or about 4-5 percent of GDP. However, others have made more dire predictio... Read more...
21 January 2016
Tumbling global markets are issuing a cry for help to policymakers of all stripes: Do something. As investors, traders and pundits scramble to understand the reasons for the terrible start to 2016, more and more are look... Read more...
It's not every day that an unpublished academic study rates a front-page story in the New York Times, let alone an additional continuation page replete with graphics, but that was the treatment accorded to the study titl... Read more...
Article by Adriana Kocornik-Mina, Thomas McDermott, Guy Michaels and Ferdinand Rauch During the past couple of months alone, floods have displaced 100,000 people or more in Kenya, in Paraguay and Uruguay, and in India, ... Read more...
There is an overall increase in new companies for a range of reasons. One reason has certainly been the economic downturn, which has resulted in people having difficulty find a job and turning to entrepreneurship, accord... Read more...
A report (Pay growth predicted to stall at 2% as number of skilled workers rises, 30 December, page 20) said that over the past year almost three-quarters of new jobs created went to non-UK nationals, according to offici... Read more...
20 January 2016
Results from the Centre for Economic Performance study in March 2015 suggest deregulation of Sunday trading laws has a considerable positive impact on employment, which stems from new firms being able to enter the mark... Read more...
16 January 2016
Article by Guy Michaels In a new study published by the Centre for Economic Performance (CEP), we examine why so many people are hit by floods year after year. In particular, we ask whether urban populations respond to ... Read more...
11 January 2016
Dr Tom McDermott of the School of Economics and the Environmental Research Institute at University College Cork has been working with colleagues from the London School of Economics and Oxford University to examine overpo... Read more...
Professor Paul Cheshire accused the tycoon of hugely exaggerating the size and benefits of his stake in Scotland and said promises made by him were falling apart at the seams. This article was published by the Mail on ... Read more...
10 January 2016
Climate change experts have backed calls for tighter planning restrictions to prevent new building on flood plains after the worst national flooding crisis in a generation. After a major study of city floods around the w... Read more...
07 January 2016
Guy Michaels discusses his study of the economic impact of floods and likelihood of people moving from flooding areas. The interview was broadcast by BBC Radio 5 Live on January 5, 2016 Link to interview here (43 mins... Read more...
05 January 2016
Brexit would be a catastrophe for the British economy: leaving the European Union would mean sacrificing the prosperity and the future security of the United Kingdom, according to a survey among experts. None of the more... Read more...
The Treasury's top civil servant, Sir Nicholas Macpherson, is set to stand down in April, having led the Government department for over a decade. George Osborne, the Chancellor, said he would ''miss'' Sir Nicholas, 56,... Read more...
04 January 2016
Chancellor George Osborne will struggle to impose further spending cuts over the next five years, most economists believe. Question: Fiscal policy: Please explain which of the below statements is closest to your views.... Read more...
03 January 2016
Four out of five economists in the Financial Times survey see another good year of UK growth, keeping Britain near the top of the international table for advanced economies, a position it has enjoyed since the start of 2... Read more...
British households can look forward to another year of ultra-low interest rates, with most economists expecting a maximum 1 per cent by the end of 2016. Just five out of 104 respondents to the question: ''Please explain ... Read more...
Government initiatives to support home ownership and build new houses will fail to have any real impact in 2016, with UK property prices expected to keep climbing. John Van Reenen, Director, Centre for Economic Performa... Read more...
The size of the current account deficit and the UK's reliance on household consumption are among the main worries for Britain's leading economists. John van Reenen, Director, Centre for Economic Performance: First... Read more...
The UK taxpayer is left to pick up the cost of flooding because housebuilders do not contribute enough when building homes, giving them an incentive to build on floodplains, according to research. Flooding costs between... Read more...
01 January 2016
The biggest issue for 2016...is the same as it was for 2015: the possibility of Brexit Section by John Van Reenen Being part of the world's largest economic trading block benefits the UK through more trade and foreign ... Read more...
31 December 2015
A recent study by Zack Cooper, Stuart Craig, Martin Gaynor, and John Van Reenen has documented the remarkable variations across regions and age groups, and within regions, in U.S. health care spending. Previously, the Da... Read more...
30 December 2015
The cost of medical care varies widely across the United States, a new study reports. Hospitals negotiate the cost of medical services with insurance companies. And, the new report found that prices at hospitals in monop... Read more...
26 December 2015
18 December 2015
The World Bank Group launched the Competitive Cities report [1] on December 10 - ''Competitive Cities for Jobs and Growth: What, Who and How,'' which represents almost two years of research and analysis to put together a... Read more...
3. New data shows experts were wrong about where healthcare costs less Researchers analyzed the real prices hospitals negotiate with private insurers and found places that spend less on Medicare do not necessarily spend... Read more...
Dennis Novy believes Chinese investors would no longer take the UK seriously if the country left the EU. ''It would be one-sided deterioration'', argues the associate professor of economics at the University of Warwick,... Read more...
Article by Nicholas Bloom, Raffaella Sadun, Daniela Scur and John Van Reenen There is a long history of debate within business, policy, and economic literature regarding whether firms can improve their performance by tr... Read more...
There is much in the Ciudadanos programme, drawn up by Luis Garicano, a London School of Economics professor, to appeal to investors. This article was published in The Times on December 17, 2015 Link to article http:/... Read more...
17 December 2015
John Van Reenen interviewed by ITN A group of economists from the LSE have tried to model the effect Brexit would have on trade. Interestingly, they concluded that even in the best-case scenario Britain would face subst... Read more...
A survey conducted by two researchers from the London School of Economics on a hundred high schools revealed that in schools where it is permissible for mobile students lose the equivalent of a week of school because of ... Read more...
16 December 2015
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...
A new ''Big Data'' project from researchers at Carnegie Mellon University, Yale University, the University of Pennsylvania and the London School of Economics demonstrates that the prices hospitals negotiate with private ... Read more...
15 December 2015
The cost insurance companies pay for a medical operation in a hospital varies dramatically from city to city within the U.S. and can even vary by a factor of nine within an individual city, according to new research. The... Read more...
Robots at work is a study by Georg Graetz of the University of Uppsala in Sweden and Guy Michaels at the London School of Economics that analyzes statistics from 1993 until 2007 of 14 industries in 17 developed countries... Read more...
Health care is among the largest sectors of the U.S. economy and accounted for more than 17 percent of gross domestic product (GDP) in 2014. About 60 percent of the U.S. population has private health insurance, which pay... Read more...
Commercial health plans that cover workplace benefits for millions of Americans pay higher prices to hospitals that have little or no competition, according to a new study that raises questions about how to slow U.S. hea... Read more...
Economists at Yale, Carnegie Mellon, the University of Pennsylvania and the London School of Economics have released a paper that shows vast differences in charges for hospital procedures across the country. Unlike some... Read more...
Three of the nation's largest insurance companies - Aetna, Humana and UnitedHealth - have let researchers have a look at the negotiated prices they pay for services and procedures like C-sections, MRIs and hospital sta... Read more...
The prices hospitals negotiate with health insurance companies vary enormously within and across geographic regions in the United States, according to a new study coauthored by a Yale economist. ... ''Virtually everythin... Read more...
According to the report, titled ''The Price Ain't Right? Hospital Prices and Health Spending on the Privately Insured,'' information collected on Medicare has largely impacted the country's health-care policy as data on ... Read more...
While many studies have shown that Medicare gets a good deal in Rochester, Duluth and Minneapolis, new work from four economists suggests that private insurers in those cities pay noticeably more for care. This article ... Read more...
Researchers have compiled data on $682 billion worth of claims to look at the truth behind medical costs. This article was published online by Marketplace.org on December 15, 2015 Link to article here Related publi... Read more...
Hospitals that face fewer competitors have considerably higher prices, according to a new study from researchers at Carnegie Mellon University, Yale University, University of Pennsylvania and the London School of Economi... Read more...
... But a new study casts doubt on that simple message. The research looked not only at Medicare but also at a huge, new database drawn from private-insurance plans - the sorts used by most Americans for health care. And... Read more...
Georg Graetz and Guy Michaels (2014) teachers at the University of Uppsala (Sweden) and the LSE, have written a study called 'Robots at Work' that has examined the effects of the use of robots in 14 manufacturing sectors... Read more...
14 December 2015
A recent study by Guy Michaels and Georg Graetz shows that robots might not drive people out of work. Instead they raise productivity which reduces the prices of goods and services. Lower prices increase demand to which ... Read more...
...phones see clear improvement in test scores according to a study by the London School of Economics quote we found the impact of banning... This news item was broadcast by KABC-AM on December 13, 2015 Link to program... Read more...
13 December 2015
In December talks in Paris involving more than 200 countries may result in a new agreement aimed at reducing carbon emissions. In the months leading up to the conference, The Economist will be publishing guest columns by... Read more...
11 December 2015
We said in reporting official Labour Market Statistics that ''Three in four new jobs go to migrants from EU countries'' (News, Nov 12). This was wrong. The Office for National Statistics has stated that its estimates of ... Read more...
10 December 2015
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...
The prospects for improving social mobility for future generations remain bleak, an author of a key social study released a decade ago will warn. Stephen Machin, professor of economics and research director at the Centre... Read more...
'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...
Article by Linda Yueh My own research with John Van Reenen has shown that GDP growth would be lower by between 0.43 to 1% per year if not for joint ventures that allowed for transfers of knowledge and technology, as opp... Read more...
09 December 2015
Earlier this year in a blog entitled ''Robots are infiltrating the growth statistics,'' the Brookings Institution commented on jointly conducted new research from Uppsala University and the London School of Economics, wh... Read more...
Article by Lee Elliot Major and Stephen Machin Private tutoring is booming and elite universities remain preserve of middle classes; something must change, say Lee Elliot Major and Stephen Machin Social mobility is t... Read more...
John Van Reenen, Director of the Centre for Economic Performance at the London School of Economics, discusses today's UK manufacturing. This interview was broadcast by Share Radio on December 8, 2015 Link to interview ... Read more...
08 December 2015
Analysts already point to Ciudadanos as the likely kingmaker after the December 20 election. The party is expected to command a parliamentary group so large that it would be impossible for others to rule without it. Ciud... Read more...
On video: Vince Cable, Diane Coyle, Bronwyn Curtis and Anna Leach, with John Van Reenen and Robin Mansell LSE Business Review's official launch event took place on 2 December. A panel of top UK economists discussed How ... Read more...
07 December 2015
The Economist quoted a study by John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, which conducted 14,000 interviews and discovered that UK employees score their bosses le... Read more...
04 December 2015
Professor Martin Knapp at the London School of Economics and Political Science will lead another study, which will develop a publicly available tool to help meet the future needs of dementia patients and their carers. A ... Read more...
03 December 2015
Faced with the dilemma of re-industrialization Valencia Andres Rodriguez-Pose, Professor at the London School of Economics, said for his part, that the Valencian economy is currently ''very weak''. And has highlighted t... Read more...
02 December 2015
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
A study published earlier this month concluded that a brisk walk is better for keeping weight off than going to the gym. Women of all ages and men over the age of 50 who regularly walked for more than 30 minutes were fou... Read more...
A study published earlier this month concluded that a brisk walk is better for keeping weight off than going to the gym. Women of all ages and men over the age of 50 who regularly walked for more than 30 minutes were fo... Read more...
30 November 2015
Chancellor George Osborne survived the Bush Tucker trial that was Wednesday's spending review. ... Professor John Van Reenen, director of the Centre for Economic Performance, said: ''The sexy centrefold was a naked rever... Read more...
28 November 2015
THE low productivity of British workers has several possible culprits. Inefficient family-run companies are sometimes blamed, as are poor workforce skills. But whereas these problems are well documented, another factor i... Read more...
Sandra McNally, Director of the Centre for Vocational Education Research, considers the possible impact of Chancellor George Osborne's November 25 Budget. This article was published in FEWeek.co.uk on November 27, 2015 ... Read more...
27 November 2015
Happiness in life can be traced in the shape of a 'U'. We start with the enthusiasm of 20 years, then you hit the lowest point between 45 and 55, but from sixty things start to look up again. ... The latest confirmation... Read more...
Director of the Centre for Economic Performance at the London School of Economics, John Van Reenen, gives his reaction to the Autumn Statement. Whilst the U-turn on tax credits might appear to be the big story in the sh... Read more...
26 November 2015
Sustained public investment in research can boost business, writes Romesh Vaitilingam In the government's recent Spending Review, Chancellor George Osborne had surprisingly good news for UK researchers and UK businesses... Read more...
Money should follow patients and they need information and choice, write Nicholas Bloom and John Van Reenen In work with Carol Propper and Stephan Seiler, we evaluate whether competition improves hospital quality, in pa... Read more...
25 November 2015
Richard Layard profiled: ''Richard Layard, who believes the basic purpose of economics is the maximization of happiness and well-being'' A day after sharing a stage with the Dalai Lama, London School of Economics (LSE)... Read more...
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...
The volume of international trade in services has grown rapidly over recent decades and, in fact, has outpaced growth in goods trade. Over the same period many developed countries experienced rapid growth in immigration.... Read more...
21 November 2015
Social mobility plays a curious and sometimes tortuous role in our national political psyche. We love talking about it even if we can't, or won't, do much about it. Greater mobility is a goal lionised by all politicians ... Read more...
18 November 2015
In order of importance, it can be compared with the steam machine's breakthrough in the beginnings of industrialisation, according to Department of Economics Researcher George Graetz at Uppsala University. This article ... Read more...
16 November 2015
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, has studied some of the less high-profile strategies employed by companies that are successful over the long term. This... Read more...
11 November 2015
All said, are Nicaraguans happier? According to the World Happiness Report 2015, edited by John Helliwell, Richard Layard and Jeffrey Sachs, Nicaraguans are indeed happier now than they were in 2007. Nicaragua ranks fir... Read more...
10 November 2015
Prioritising wellbeing as a key measure of whether policy is improving human lives would lead to more interventions like the provision of psychological therapy for people with mental health problems, which increased acc... Read more...
John Van Reenen, Professor of Economics and Director of the Center for Economic Performance at the London School of Economics, joins us to discuss the economics of management, productivity, and information technology. Li... Read more...
09 November 2015
Dennis Novy interviewed about the upcoming negotiations of Prime Minister David Cameron over Britain's EU membership and in particular their implications for international trade. The interview was broadcast by BBC Radio... Read more...
John Van Reenen interviewed about the economics of management, productivity, and information technology. This interview was broadcast by Economic Frontiers on November 9, 2015 Link to article here Related Publicati... Read more...
Dennis Novy gave a radio interview for the Drive programme with Lorna Bailey. The topic was the upcoming negotiations of Prime Minister David Cameron over Britain's EU membership and in particular their implications for ... Read more...
Passing mention of LSE work on infrastructure. Broadcast by BBC Radio Foyle on November 8, 2015 Link to broadcast here Also on: BBC Radio Ulster Link to broadcast here Related links John Van Reenen webpage Gr... Read more...
08 November 2015
''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
Other members will include ... a former member of the LSE's Growth Commission and a former chief adviser to the Great London Authority. This article was published online by RTM - Rail Technology Magazine on October 30... Read more...
30 October 2015
Dennis Novy gave a radio interview to Share Radio about negative interest rates and what they mean for the UK economy. ''Is the US headed for negative interest rates? As the Fed announced a mostly positive rate outlook ... Read more...
29 October 2015
Hoboken, NJ - John Wiley and Sons, Inc., and the British Academy are pleased to announce the winners of the 2015 Wiley Prize in Economics and the Wiley Prize in Psychology The annual Wiley Prize in Economics, made in p... Read more...
With the Leave.eu campaign pledging to win back the UK, and with The Britain Stronger in Europe campaign pledging to explain the ''true reality of life'' outside the EU, arguments for and against UK's membership give and... Read more...
23 October 2015
Liberal Ciudadanos defends the idea of a single contract to end a two-tier labour market, with ''a core of the temporary workers, much less protected and highly protected workers even as the United States'', said economi... Read more...
22 October 2015
Some experts suggest it is more likely than not the UK will vote to leave. LSE Professor John Van Reenen, director of the Centre for Economic Performance, put the chance of an ''Out'' vote at 54%, with very wide uncertai... Read more...
12 October 2015
Robots are gradually becoming a part of everyday life, and as a result are impacting on the economy. To look at the influence robots are having, Joe Aldridge speaks with Guy Michaels, Associate Professor at the London Sc... Read more...
Article by Gianluca Benigno, Nathan Converse and Luca Fornaro In the aftermath of the Global Crisis, policymakers have adopted policies to limit, or at least manage, capital inflows. This column explores episodes of cap... Read more...
11 October 2015
Will the attempt by the chancellor to take politics out of our new infrastructure projects succeed, asks Kathryn Cooper ''Britain is a big, diverse country with very active press and democratic process, which can hold u... Read more...
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
A new CERRE report highlights the relationship between prices, investments, and market structure. It is co-authored by Tommaso Valletti, a Joint Academic Director of CERRE and Professor of Economics at Imperial College L... Read more...
07 October 2015
''We are the builders'' - So George Osborne declared at this years Tory Conference. Is he right, or are we neglecting our National Infrastructure? Anna Valero, research economist at LSE, joins us to walk through the argu... Read more...
In her address to the Conservative party conference, the home secretary delivered a pointed speech saying that ''there is no case, in the national interest, for immigration of the scale we have experienced over the last ... Read more...
06 October 2015
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
A third FE research centre has launched just a year after Professor Lady Alison Wolf decried how the sector was ''woefully short of good, up-to-date research''. ... The work of the new centre, said Mr Grainger, would co... Read more...
Professor Alan Manning of the London School of Economics has studied unemployment in former industrial areas and says every city needs the equivalent of an export sector - something to bring money from outside the area,... Read more...
04 October 2015
Ever since Thatcher's Teesside stroll, breathing life into blighted areas has met with mixed success. Understanding what might work is a step in the right direction. Professor Alan Manning of the London School of Econ... Read more...
03 October 2015
Debate on banning mobile phones from classrooms mentions LSE [CEP] research. The news item was broadcast by BBC Radio Suffolk on September 30, 2015 Link to broadcast here See also BBC Radio Shropshire News Discussi... Read more...
30 September 2015
LSE report says primaries improving since 90s and abolition of Inner London Education Authority led to pupils' success One of the researchers, Jo Blanden of the University of Surrey, said: ''London's schools have become... Read more...
In the East London case, wrote Paul Cheshire, an emeritus professor of economic geography at the London School of Economics, via email, ''the very early relatively poor but mainly educated/drop-out pioneer gentrifiers - ... Read more...
This was based on a study by Professor Paul Cheshire, of the London School of Economics, which declared that... This article was published by The Times on September 30, 2015 [Subscription needed to view article.] Re... Read more...
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...
London School of Economics Professor Richard Peter Layard, author of Thrive, discusses progress made in treating mental health and the impact of mental illness on the global economy. He speaks on 'Bloomberg Surveillance... Read more...
29 September 2015
Henry Overman interviewed by Philip Salter It's easy to make policy, but it's hard to make the right ones. These are the sorts of questions the excellent What Works Centre for Local Economic Growth looks at. It recently... Read more...
25 September 2015
THE Centre for Economic Performance at the London School of Economics predicts the range of Brexit economic scenarios from something akin to the global financial crisis (-10 per cent GDP) to a best case scenario of a -2.... Read more...
Richard Layard, emeritus Professor of economics at the LSE interviewed on action for happiness campaign for increased happiness and kindness in the UK. The interview was broadcast by BBC World Service on September 21, 2... Read more...
21 September 2015
In the afternoon, an enthusiastic and friendly audience of more than 2000 awaited His Holiness's arrival at the Lyceum theatre. He was met at the stage door by his old friend Lord Richard Layard, who with Director of Act... Read more...
Look out, Thomas Piketty. Here comes Gabriel Zucman. With a slim new book that has the feel of Piketty's bestselling Capital in the 21st Century, Zucman, a baby-faced 28-year-old University of California-Berkeley econom... Read more...
We decided to examine Sanders' statement that the richest 0.1 percent has nearly as much as the bottom 90 percent. Its a standard line in Sanders' speeches. Warren Gunnels, policy director of Sanders' presidential campai... Read more...
In the 70's, the New Yorker Richard Easterlin Economist concluded that, once past a certain level of income in the richest nations, happiness not increased as a result of higher revenues. Today we know for scientific res... Read more...
16 September 2015
David Attenborough, Brian Cox, Paul Polman, Jeffrey Sachs and Arunabha Ghosh all sign letter calling for action by UN climate conference in December The international group of experts and CEOs back a new 'Global Apollo ... Read more...
An increase in market concentration in the mobile communications industry generates a true economic trade-off. This is the important finding of a new, original report. The CERRE report is co-authored by Tommaso Valletti... Read more...
15 September 2015
However, other studies show that the influx of immigrants has negative effects on the median salary (but not on employment) natives working in low-skilled sectors such as the building and public works, so on the remunera... Read more...
14 September 2015
Ofsted, the schools inspectorate, has raised concerns about secondary pupils using their phones at school. LSE academics released a study in May suggesting that restricting mobile phone use could improve results. This a... Read more...
That time difference adds 2.6 percent extra productivity for the professionals, finds an LSE-Columbia-Harvard team. An emerging body of evidence indicates that family management may actually be detrimental for performan... Read more...
Christopher Pissarides, London School of Economics, the winner of a Nobel Prize, said that Greece still has structural problems such as low productivity and lack of competitiveness. Greece is likely to need international... Read more...
11 September 2015
Pero no es el unico que comparte ese punto de vista. Tambien Luis Garicano, profesor de la London School of Economics, analizaba los retos a los que se enfrenta la economia global en los proximos anos en un encuentro rec... Read more...
Nobel Prize winning economist Christopher Pissarides of the London School of Economics said Greece still ... This article was published online by The National Herald on September 10, 2015 Link to article here [subsc... Read more...
10 September 2015
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...
...Produktivitat und dadurch zu mehr Wachstum'', sagt etwa Gabriel Ahlfeldt, Associate Professor an der London School of Economics (LSE). ''Urbanisation leads to higher productivity and therefore to more growth,'' says ... Read more...
04 September 2015
Article by Gianmarco I.P. Ottaviano As the deadline gets closer, the United Kingdom (UK) public debate is heating up on an event that, one way or another, could change the identity of the European Union (EU) and its e... Read more...
...the role of smart phones in the classroom its after research from the London school of economics suggested exam results improve in schools... This broadcast was made by BBC Radio Glouchestershire on September 3, 2015... Read more...
03 September 2015
Martin Knapp comments on costs of NHS beds and cost of private provision. This interview was broadcast by BBC Radio 4, Your and Yours show, on September 3, 2015 Link to programme here Related links Martin Knapp webpa... Read more...
... Tambien lo estudio el historiador Albrecht Ritschl, de la London School of Economices (LSE). En medio de la Guerra Fria, los... Germany suffers from amnesia Also studied it the historian Albrecht Ritschl, of the Lo... Read more...
Leading economists have warned that Jeremy Corbyn's economic policies are 'likely to be highly damaging' and renationalising industry could actually 'make things worse'. In the new letter to the Financial Times, the aut... Read more...
Centre for Economic Performance's Director, Professor John Van Reenen among economists signing a letter critical of Labour Party leader candidate, Jeremy Corbyn's economic plans. The letter was published by The Financia... Read more...
Mention of research from London school of economics about mobile phones in the classroom. The research was mentioned on LBC Radio's James O'Brien show on September 2, 2015 Link to the broadcast here Related Publicat... Read more...
02 September 2015
Two economics professors have studied the impact the machines have had on employment, and their findings painted a positive picture. Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics ... Read more...
Uppsala University's Georg Graetz and Guy Michaels from the London School of Economics looked at productivity ... The interview was published online by Eagle Radio News on September 2, 2015 [Link unavailable] Relate... Read more...
The economic benefits of industrial robots installed since the early 1990s have been similar to those of the railways in the 19th century, US highways in the 20th century, and information and communications technologies ... Read more...
01 September 2015
...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...
The Centre for Vocational Education Research's Claudia Hupkau looks at what can be learnt from past apprentices growth for the government's 3 million apprenticeship target. With GCSE results recently out, many students ... Read more...
...realisee par Henrik Jacobsen Kleven, professeur d'economie à la London School of Economics, montre au contraire,... Tax-shift: A Government of the 1% who are greatly mistaken However, the reasoning of the Governmen... Read more...
Discussion of LSE research on robots. HOST: THE LONDON SCHOOL OF ECONOMICS DID A STUDY ON THE USE OF ROBOTS. SOME OF THE THINGS THEY FOUND OUR THAT IN 17 COUNTRIES THE USE OF ROBOTS INCREASED... The filmed interview wa... Read more...
Mention of research on mobile phones in the classroom. Broadcast on BBC Radio Newcastle on September 1, 2015 [No link available] Related publications In brief ... Phone home: should mobiles be banned in schools?, Lou... Read more...
A recent large-scale study found that banning mobile phones improved exam results by 2%, even when gender and class had been accounted for. At first glance it seems an insignificant rise but the impact is equivalent to o... 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
Leaders could also test whether specific work conditions or policies affect workers' performance. ... Nick Bloom of Stanford University and his colleagues conducted a randomized experiment on working from home using a NA... Read more...
20 August 2015
Dennis Novy interviewed. The topic was the resignation statement of the Greek prime minister Alexis Tsipras, and what it means for the bailout programme and the Greek economy. The interview was broadcast by Al Jazeera ... Read more...
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...
Article by John Van Reenen Voting for Jeremy Corbyn as leader is a gut reaction to Labour's electoral defeat. Corbyn does point to some real economic problems facing Britain but his policies are based largely on the kin... Read more...
17 August 2015
Article by Dennis Novy Alexis Tsipras will be able to survive, for one simple reason: there’s no better alternative. The Greeks don’t want to leave the Eurozone. The last months have shown that the government's prev... Read more...
THERE'S plenty to be said for life as a primary school teacher: ... A study by the London School of Economics found male students were more ... This article was published by The Herald Sun (Australia) on August 16, 20... Read more...
16 August 2015
Article by John Van Reenen Unlike most commentators I have actually read Corbyn's ''The Economy in 2020'' as well as the 1983 manifesto. Corbyn's document has several major advantages. First, at 8 pages it is much short... Read more...
15 August 2015
More evidence of the success of the academy schools programme was published yesterday. A new paper by Andrew Eyles and Stephen Machin at the Centre for Economic Performance at the LSE finds that ''the first round of acad... Read more...
14 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...
It remains unclear whether the levy would be introduced as a one-off cost or an annual tax. Sir David Metcalf, a former London School of Economics professor who chairs the MAC, echoed Lloyds yesterday, saying that as a r... Read more...
Article by Georg Graetz and Guy Michaels The authors say that: ''Industrial robots boost productivity and growth, but effect on jobs is an open question''. This article was published online by the LSE Business Review o... Read more...
13 August 2015
Stanford economics professor Nicholas A. Bloom explains how Alphabet will make investors comfortable: ''There are two benefits of the new structure. One is visibility, in that with the split it makes it easier to model t... Read more...
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...
Dennis Novy interviewed on the Transatlantic Trade and Investment Partnership (TTIP) in the light of households in Kenilworth protesting with the message to protect the NHS from TTIP. This article was published by BBC C... Read more...
12 August 2015
It's a well-known fact that Essex is blessed with an excellent choice of schools, in both the public and private sectors. And thanks to some research published a couple of years ago by the Centre for Economic Performance... Read more...
Dennis Novy interviewed lived on BBC World on Grexit, discussing the Greek bailout and long-term issues re huge imbalances in the Eurozone. This interview was broadcast by the BBC World Service on August 11, 2015 [ No ... Read more...
11 August 2015
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...
Records: the happiest country in the world On April 24, 2015, the 2015 Edition of the happiness of the world (World Happiness Report) was published. The work includes a happiness measure, taking into account 158 countri... Read more...
On average, sexual-minority adults are more likely to be single, tend to have worse health and are less likely to be employed than heterosexuals, say Nattavudh Powdthavee of the London School of Economics and Mark Wooden... Read more...
[Gabriel] Ahlfeldt, an Associate Professor of Urban Economics and Land Development at the London School of Economics and Political Science, says as long as outward growth is prevented by policies such as the 'green belt'... Read more...
10 August 2015
There is very little evidence to suggest that migration has a significant negative impact on wages or employment. A study by researchers at the London School of Economics earlier this year found that immigration to Brita... Read more...
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...
A society where more workers got to use the duvet office would be a happier, more productive one In 2014, Stanford University academics compared the performance of remote employees to those in the office at Ctrip, China... Read more...
05 August 2015
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...
It was some considerable interest that I read a contribution in dementia policy, co-authored by one of my previous bosses, Prof Martin Rossor. The other co-author was Prof Martin Knapp from LSE. This article was publis... Read more...
04 August 2015
Article by Bill Gates Last month, during a trip to Europe, I mentioned that I plan to invest $1 billion in clean energy technology over the next five years. This will be a fairly big increase over the investments I am a... Read more...
03 August 2015
Article by Richard Layard Leading thinkers across the worlds of science, public service and academia have launched a new global programme to combat climate change. Richard Layard outlines their proposal for big public i... Read more...
Those of us who have run hospitals where we've been serious about achieving improvements in quality and safety know that without a highly committed board of trustees, the results will never be sustainable. And so it is l... Read more...
This autumn sees the launch of the Global Apollo Programme: a green research initiative that wants governments to match, in today's money, the sums spent putting men on the moon. At a time of increasing austerity, reques... Read more...
Guy Michaels of the Centre for Economic Performance, LSE, discusses the use of robots in industry. This interview was broadcast by Share Radio on August 2, 2015 [No link available] Related publications Robots at work... Read more...
02 August 2015
In the book A Good Childhood: Searching for Values in a Competitive Age by Judy Dunn and Richard Layard, they reference a study which reports only seven percent of adults say children have a stronger sense of moral value... Read more...
... Top economists echoed the TUC's concerns yesterday ... Growth in recent years has been ''anaemic'', according to University College London's Professor Stephen Machin, and research director at the Centre for Economic ... Read more...
01 August 2015
Telecoms regulators can now be confident that their market interventions to reduce mobile operators' prices for connecting calls - so-called termination charges - will benefit consumers. That is the central conclusion ... Read more...
In a March 2015 paper, Robots at Work, Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics concentrate on the economic effects of industrial robots. They base their research on data coll... Read more...
31 July 2015
So if innovation seems to be booming, why has productivity growth been muted? A common argument is that the effect of innovation is being incorrectly measured. The advent of the Sharing Economy, which forms a chapter in ... Read more...
30 July 2015
Article by Gill Wyness There were a surprising number of announcements relating to higher education in George Osborne's budget this week. One of the most controversial was the announcement that university maintenance gr... Read more...
10 July 2015
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...
John Van Reenen interviewed on the UK budget. This interview was broadcast by China Central TV Europe (CCTV) on July 9, 2015 Link to broadcast here [Interview with Prof Van Reenen starts around 02.30] Related publicat... Read more...
09 July 2015
The Minister of State for Skills, Nick Boles MP, hosted a Ministerial Seminar on Professional and Technical Education Routes, jointly organised by the Centre for Vocational Education Research and the Department for Busin... Read more...
Albrecht Ritschl is interviewed on market crashes and China. The interview was broadcast by CNN International Europe - The Business View News on July 9, 2015 [No link available] Related publications 'Reparations, Def... Read more...
The Centre of Economic Performance (known as the CEP) claim that Britain could have its GDP fall by 8%. In essence, the CEP claim that in a worst case scenario Britain could face loses similar to the ones that were exper... Read more...
... creditors, in exchange for pro-market reforms'', said Professor Albrecht Ritschl of the London School of Economics. West Germany was able to borrow on international markets again, and, free ... This article was publ... Read more...
Leading academics from the London School of Economics have called on both Greece and its international creditors to adopt a more responsible approach. This article was published online by Business Reporter on July 9, 20... Read more...
Twenty-six members of the faculty at the London School of Economics (LSE) have called for Greece's creditors to ease the austerity measures they have imposed over the last five years. In an open letter, the professors wr... Read more...
Article by Anna Valero In the 2015 summer budget, George Osborne at last identified the UK's productivity performance as an important issue that needs to be tackled. Here, Anna Valero reviews some of the measures ahea... Read more...
Article by John Van Reenen The most eye-catching announcement in today's budget was the National Living Wage. Now, this might be nothing more than a big hike in the minimum wage, but such increases can be beneficial. ... Read more...
Article by John Van Reenen Yesterday, George Osborne delivered the new government's first budget in which he surprised many by hiking the minimum wage significantly. John Van Reenen reviews the measures introduced, wr... Read more...
Dr Christos Genakos, of the London School of Economics, studied the impact of decisions to ease Sunday trading rules in 30 European countries between 1999 and 2013. He found the reforms boosted net employment by 7-9 per ... Read more...
08 July 2015
Article by Max Nathan Despite the recent hype, London's digital sector appears to have shrunk since 2010, with much of the 2000s surge wiped out, and has only recently turned the corner. This article was published onl... Read more...
06 July 2015
A February study by economists Georg Graetz of Uppsala University and Guy Michaels of the London School of Economics (LSE), using data from the International Federation of Robotics, has shown that robots of the same qual... Read more...
01 July 2015
Ralf Martin, Mirabelle Muuls, Laure B. De Preux and Ulrich J. Wagner have received the 2015 Erik Kempe Award for their paper 'Industry Compensation Under Relocation Risk: A Firm-Level Analysis of the EU Emissions Trading... Read more...
29 June 2015
Dennis Novy live interview, commenting on the dramatic developments on Greece and the Eurozone crisis. This interview was broadcast by Sky News on June 29, 2015 Link to interview here [Starts at 9.40am] Related links... Read more...
Christopher Pissarides interviewed about closure of Greek banks. The interview was broadcast on BBC Radio 4 News on June 29, 2015 [No link available] Related links Christopher Pissarides webpage Macro Programme webp... Read more...
In the following op-ed, 13 prominent economists from around the world call on Greece to sign a credible agreement with the Europeans immediately. CEP's Professor Christopher Pissarides, Nobel Laureate, London School of ... Read more...
Nobel Prize-winning economist Christopher Pissarides tells DW why he is deeply disappointed with the Greek government's mismanagement of the debt crisis. He also explains what Germany could have done better. This articl... Read more...
Dennis Novy gave a live interview, commenting on the dramatic developments on Greece and the Eurozone crisis. The interview was broadcast by Al Jazeera on their ''Newshour'' Programme Link to the interview here [Star... Read more...
28 June 2015
Infrastructure is the nearest thing in modern politics to motherhood and apple pie. Everybody, on left and right, can agree that more and better infrastructure is what Britain needs. Unfortunately it is also the thing th... Read more...
Unemployment stands at more than 25%. ''People will be much worse off,'' said Christopher Pissarides, a Nobel prizewinner based at the London School of Economics. Investors are braced for a slump on global stock markets ... Read more...
''I don't understand what kind of economics they have in their minds, or who is deciding that this is economics,'' said Christopher Pissarides, a Nobel prizewinner at the London School of Economics. ''Who is going to inv... Read more...
DAVID CAMERON'S top immigration adviser has suggested the introduction of a £3m ''entry fee'' for Russian oligarchs and other wealthy foreigners who want to stay in Britain, with some of the proceeds used to help s... Read more...
Bill Gates (co-founder of Microsoft) interviewed: ... Tens of billions of dollars should therefore be spent by governments on research and development in renewables over coming years, three times current levels, to iden... Read more...
25 June 2015
Interview with LSE Professor and Economics Nobel Prize winner Christopher Pissarides on proposed austerity measures in Greece. The interview was broadcast by BBC News on June 25, 2015 [No link available] Related link... Read more...
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...
Texas-universitetet om studien som er publisert av Centre for Economic Performance ved London School of Economics and Political Science. - Mobiltelefoner kan være forstyrrende, legger han til ... Mobile prohibition gav... Read more...
24 June 2015
Follow-up interview, Dennis Novy on latest Greece negotiations. This interview was broadcast by Voice of America on June 23, 2015 Link to interview here Related links Dennis Novy webpage Globalisation Programme w... Read more...
23 June 2015
Dennis Novy interviewed, speaking about latest Greece negotiations. This interview was broadcast on the BBC World Service World Update programme on June 23, 2015 Link to interview here [Ca. 32min 35sec into the progra... Read more...
Dennis Novy on the latest Greece negotiations. This interview was broadcast by Sky News on June 23, 2015 Related links Dennis Novy webpage Globalisation Programme webpage Dennis Novy CEP publications webpage ... Read more...
Yet not only would it take years for the UK to reach new agreements, it is not as likely to strike a good deal. The ''UK's bargaining position would be much weaker as it would be negotiating over access to its own market... Read more...
Article by Sandra McNally From this September, all pupils at secondary school will have to study English, a language, maths, science and history or geography at GCSE. This is the English Baccalaureate, or Ebacc, which e... Read more...
A report entitled A Global Apollo Programme to Combat Climate Change, written by a number of high-profile British scientists and economists, offers a bold answer. It argues that carbon-free energy has to become competiti... Read more...
A paper by Uppsala University and the London School of Economics in February revealed that industrial robots do increase labor productivity and raise a country's average growth rate by 0.37 percentage points. The ar... Read more...
Iain Duncan Smith, the welfare secretary, has exhorted companies to ''pay their full share'' of workers' remuneration rather than leaving it to the state to prop up incomes through tax credits. Professor Steve Machin, re... Read more...
Similar work by Paul Cheshire and Christian Hilber, of the London School of Economics, estimated that in the early 2000s this regulatory shadow tax was roughly 300% in Milan and Paris, 450% in the City of London, and 800... Read more...
22 June 2015
Money, as the song lyric has it, can't buy you love - or happiness. Happiness, as Richard Layard's research shows, depends much more on the quality of our personal relationships than on our income. In many ways, the most... Read more...
...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...
On Sunday June 21, the Kiel Institute for the World Economy and its partners, the City of Kiel and the Schleswig-Holstein Chamber of Commerce, have awarded the eleventh Global Economy Prize at the Kiel City Hall. The fol... Read more...
8.50am: live radio interview Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. The interview was broadcast by BBC Coventry and Warwickshire on the Shane O'Connor Breakfast Show on June 22, ... Read more...
The new aims and role of the Centre for Vocational Education Research (CVER) has become clearer since a consultation event this month, as Andrew Morris explains. The new Centre for Vocational Education Research (CVER), ... Read more...
See: Comment by georgep76 3dago - below the cartoon Germany has been described as the biggest ''debt transgressor'' of the 20th Century, with restructurings in 1924, 1929, 1932 and 1953. Total debt forgiveness for Germ... Read more...
21 June 2015
The study 'Robots at Work' (Robots at work), published in February 2015 analyzes the impact of the growing automation in the economic development of 17 countries. Its authors Georg Graetz of the University of Uppsala and... Read more...
Dennis Novy interviewed, speaking about Greece and the looming IMF deadline. This interview was broadcast by BBC News on June 21, 2015 [No link available] Related links Dennis Novy webpage Globalisation Programm... Read more...
Despite ubiquitous discussions of robots' potential impact, there is almost no systematic empirical evidence on their economic effects. Researchers analyzed for the first time the economic impact of industrial robots, us... Read more...
20 June 2015
Scientists Georg Graetz of the Uppsala University and Guy Michaels of the London School of Economics come to the following conclusion: the average over 10 percent of increase of the gross domestic product and 15 percent ... Read more...
19 June 2015
First Richard Layard, my colleague in the Lords, blogged about why schools should teach character as well as competence. Their research at the LSE, using the British Cohort Study, found that the strongest predictor of a ... Read more...
But Associate Professor of Economics at Britain's University of Warwick, Dennis Novy, expects neither success nor disaster at Monday's summit. ... Novy says default would not immediately create a crisis because key cred... Read more...
A look back: national bankruptcies are not so rare The economic historian Albrecht Ritschl called Germany the most wayward of the 20th century: ''The Federal Republic owes your today's financial stability and its status... Read more...
18 June 2015
Professor Nicholas Bloom from the Department of Economics at Stanford University, with his graduate student James Liang, conducted an interesting experiment at Chinese travel website Ctrip's call center. Employees could ... Read more...
This month marks four years since we launched our award-winning Get London Reading initiative to improve literacy in primary schools. So far more than 800 Evening Standard readers have become one-to-one reading volunteer... Read more...
In fact, there is not much evidence on how even today's automation is affecting employment. Guy Michaels and his colleague Georg Graetz at the London School of Economics recently looked at the impact of industrial robots... Read more...
16 June 2015
Provided in a new paper from London's Center for Economic Research [sic], the analysis offered by George Graetz and Guy Michaels of Uppsala University and the London School of Economics, respectively, offers some of the ... Read more...
Deutsche Bank has been the first one to fire a warning shot over the UK vote to leave the EU, but others are certainly already preparing too, says Dr. Dennis Novy, associate professor in the department of Economics at th... Read more...
Georg Graetz of the Swedish University of Uppsala, and Guy Michaels, of the London School of Economics, consider them, that the automation of services as the industry will perform well, but on one, or even two generation... Read more...
14 June 2015
The democratic nature of this debate is a helpful reminder as to why history matters. If Britain does withdraw from the European Union, the cost for families and the national economy will be immense. As reported in the G... Read more...
Paul Cheshire discusses using limited amount of London's green belt for housing. The interview was broadcast by BBC Radio 4 News on June 14, 2015 [No link available.] Related Publications The Green Belt: A Plac... Read more...
Humans and robots: together unbeatable The current study ''Robots at Work'' by Graetz and Michaels (Uppsala University and London School of Economics), which examines the impact of increasing automation on the economic ... Read more...
13 June 2015
Dennis Novy did an interview with Radio Sputnik, a Russian radio station. The topic was Greece and the Eurozone crisis. The interview was broadcast by Radio Sputnik (Russia) on June 12, 2015 Link to interview here ... Read more...
12 June 2015
Quality of leadership determines student achievement There is a clear link between management quality and students' academic achievements. It shows an international research study of 1,800 schools in eight countries. Ad... Read more...
Letter from Ha-Joon Chang, Thomas Piketty, David Blanchflower and others Emeritus professor of Economics, Cambridge University Prof Hugh Willmott, CASS Business School Prof Steve Keen, Professor of Economics, Kingston U... Read more...
Further evidence: children in a London School of Economics and Political Science study from 2014 who had two overweight biological parents were 27 percent more likely than other kids to be overweight, yet adopted childre... Read more...
11 June 2015
Citizens violate their economic program in the Andalusian pact No sign of economist [Luis] Garicano's proposals to simplify administration. Queues at a theater to hear an economic program of a party was an unprecedente... Read more...
Dr Keyu Jin was interviewed about China's industrial output gains. The interview was published online by Bloomberg's The Pulse on June 11, 2015 [No link available.] Related links Keyu Jin webpage Globalisati... Read more...
One of the reasons for this, according to Gill Wyness, a researcher in education policy at the centre for economic performance at the London School of Economics and a lecturer at the University College London Institute o... Read more...
Article by Nicholas Bloom and Renata Lemos There is a clear link between management quality and students' academic achievements. It shows an international research study by Stanford Professor Nicholas Bloom in collabora... Read more...
...in 2013, I wrote that the evidence was 'mixed on wages, with some evidence of downward pressure for the lower paid'. He argues that the latter statement contradicts the former. In the intervening five years, we've ha... Read more...
In fact, according to academics at the London School of Economics, the effect of banning mobile phones from school premises adds up to the equivalent of an extra week's schooling across the academic year. This artic... Read more...
10 June 2015
...its roster of contributors includes John F. Helliwell, Richard Layard of the London School of Economics, and Jeffrey D. Sachs who is, among other things, special advisor to U.N. Secretary-General Ban Ki-moon. Overall,... Read more...
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...
Britain's politicians say they are keen to reward aspiration, but soaring house prices are a significant block to achieving this. Professor Christian Hilber, from the London School of Economics, explains to Ferdinando Gi... Read more...
09 June 2015
Article by Richard Layard, Gus O'Donnell, Nicholas Stern, Adair Turner If clean energy were cheaper than dirty energy, climate change would halt. Making clean energy cheaper is a problem - like putting a man - on the... Read more...
08 June 2015
In the freedom to make life choices, too, India performs poorly. There are many inherent inhibitions in this freedom, mainly for women. Richard Layard, director of the Wellbeing Programme at the London School of Economi... Read more...
05 June 2015
Spain needs to strip away the barriers to creating high-quality jobs instead of focusing on budget cutting if the country is to tackle its deficit problem, according to Luis Garicano, the economic policy chief at pro-mar... Read more...
04 June 2015
Article by Keyu Jin Chinese Prime Minister Li Keqiang recently cited job creation as vital to his country's ''ultimate goal of stability in growth''. His observation could not be more accurate. In fact, one of the mos... Read more...
That a ban on mobile phone use by pupils in schools may be quite useful, has now been proven by Louis-Philippe Beland and Richard Murphy on behalf of the Centre for Economic Performance at the London School of Economics.... Read more...
Article by Keyu Jin Keyu Jin calls for greater credit access and lower entry barriers for China's private-sector firms to flourish and create employment. This article was published by the South China Morning Post on Ju... Read more...
03 June 2015
However, Keyu Jin of the London School of Economics now says the Chinese economy is not creating enough jobs. This article was published by The Epoch Times on June 3, 2015 Link to article here Related links Keyu J... Read more...
India will be a member of a consortium of countries that will implement the Global Apollo Programme - a plan to find ways within the next 10 years of making green energy clean cheaper to produce than energy drawn from c... Read more...
In the deepest chill of the Cold War, then-president of the United States John F. Kennedy announced to the country, and the world, that ''we choose to go to the moon.'' The Apollo Programme placed a man on the moon withi... Read more...
''The challenge is as big as putting a man on the moon,'' says Richard Layard of the London School of Economics, one of the founders of the programme along with other prominent scientists, economists and industrialists. ... Read more...
A number of Britain's leading experts in the field of climate research are focused on achieving the goal of solving the world's most pressing problem: the continued global temperature rise. This article was published on... Read more...
Sandra McNally introduced the Centre for Vocational Education Research (CVER) at the Learning and Skills Research Network (LSRN) Strategic Workshop held in London on June 3rd 2015. The Network brings together those inter... Read more...
Marco Manacorda filmed giving a talk at the Festival of Economics on Trento. There is abundant anecdotal evidence but poor empirical evidence of the benefits enjoyed by the relatives of politicians in the labor market. ... Read more...
02 June 2015
Lord Richard Layard, an economist at the London School of Economics and member of the Apollo group, said it was barely believable that the world only spent 2% of its R&D money on its ''most pressing problem'' of clim... Read more...
Interview with Lord Layard regarding launch of the 'Apollo' programme to make renewables cheaper than fossil fuels. The interview was broadcast by the BBC World Service News on June 2, 2015 [No link available.] Relate... Read more...
Article by Richard Layard The target for GAP is to reduce the cost of clean energy and to do it fast. This article was published by The Huffington Post on June 2, 2015 Link to article here Related links 'Global ... Read more...
Partly as a result London house prices per square foot are now the second highest in the world after Monaco, according to the London School of Economics' Centre for Economic Performance. The problem is acute: the average... Read more...
Leading academics, including former government chief scientist Sir David King, past president of the Royal Society Lord Rees, and economists Lord Stern and Lord Layard, in effect said that the world cannot be saved from ... Read more...
Having a politician relative adds an average of 500 euros a year to one's salary, according to a new study by two Italian economists. This is equal to a 3 percent increase in an average paycheck. In comparison, every a... Read more...
The Chris Blackhurst interview from 13 July 2014 How could we become a happier nation? One pioneering economist has spent the best part of a decade arguing that we simply must find an answer to this question - gaining ... Read more...
01 June 2015
A respected ''happiness expert'' has revealed five simple ways to make yourself feel immediately better. Paul Dolan, a professor of behavioural science at the London School of Economics, said the answer to feeling happie... Read more...
Last month, a study from the London School of Economics for the first time provided hard evidence that banning phones in school boosts student achievement. ''Mobile phones now are a ubiquitous part of a teenager's life''... Read more...
WHEN Margaret Thatcher came to power in 1979 she set about bulldozing the trade unions, which had frequently brought Britain grinding to a standstill in the 1970s. On May 27th David Cameron indicated that his Conservativ... Read more...
30 May 2015
Anna Sivropoulos-Valero interviewed on productivity. The interview was broadcast by BBC Radio 4's More or Less Programme on May 29, 2015 Link to interview here [Interview begins around 08:24.] Related publications ... Read more...
29 May 2015
BANNING mobile phones in the classroom can boost test scores by more than 6 per cent, according to a new study. Researchers at the London School of Economics looked at secondary schools in four English cities, including... Read more...
26 May 2015
About 85 per cent of Canadian high school students have a mobile phone, but two economics researchers have concluded cellphones are distracting in class. Their research paper concludes high school students score higher m... Read more...
25 May 2015
Article by Camille Terrier French teachers went on strike on May 19 to voice their disapproval of two major reforms that have been proposed by Najat Vallaud-Belkacem, the French education minister. The two reforms are v... Read more...
22 May 2015
The London School of Economics showed that test scores of 16-year-old students were 6.4 percent higher after schools banned students from using mobile phones. This article was published by the Guardian - Teacher Netwo... Read more...
20 May 2015
The Centre for Economic Performance at the London School of Economics has released research that suggests the banning of mobile phones at school could lead to better academic results. The research paper, titled Ill Comm... Read more...
It may seem like common sense that keeping smartphones away from kids would improve their performance at school. Now a study by the London School of Economics has the data to back it up. ... ''By surveying schools in fou... Read more...
The study by the London School of Economics found a link between banning smartphones in schools and increased test scores. This article was published online by WFXG FOX 54 on May 19, 2015 Link to article here A... Read more...
19 May 2015
Schools that have banned students from carrying smartphones have seen an improvement in the children's test stores, reported CNN Money on a new study from the London School of Economics. This article was published onl... Read more...
Dennis Novy (CEP) interviewed on the comment by Lord Bamford, Chairman of JCB, that leaving the EU would not necessarily be a big problem for British business. This interview was broadcast by BBC Radio Coventry &... Read more...
18 May 2015
The authoritative How Mental Health Loses Out in the NHS study, published by the LSE in 2012, revealed that for people aged 65 or less, nearly half of all ill health was mental ill health. This article was published o... Read more...
15 May 2015
Growth, trade, immigration, jobs, diplomacy: what would the impact be if a 2017 referendum pushed UK towards the exit? ...Another analysis by economists at the Centre for Economic Performance (CEP), part of the London Sc... Read more...
14 May 2015
Anna Sivropoulos-Valero interviewed, on productivity. The interview was broadcast live on BBC Radio 5 on May 13, 2015 Related publications Productivity and Business Policies, Isabelle Roland and Anna Valero, CEP... Read more...
13 May 2015
Article by Richard Murphy and Louis-Philippe Beland How does the presence of mobile phones in schools impact student achievement? This is an ongoing debate in many countries today. Some advocate for a complete ban, whil... Read more...
12 May 2015
Richard Layard, a British social economist and associate of Kahneman, found himself at the top table of Britain's New Labour government when it took power in 1997. The press gave him the title Happiness Tsar, and his 200... Read more...
10 May 2015
... 400 000 emplois publics supprimes La realite est pourtant que son mandat a ete divise en deux parties. L'essentiel des mesures de rigueur a ete realise dans les deux premieres annees: hausse de la TVA, reduction dras... Read more...
07 May 2015
Javier Ortega, of the Centre for Economic Performance, interviewed on the UK 2015 General Election and issues of austerity. The interview was broadcast by Capital Radio Madrid (Spain) on May 6, 2015 Link to the broadca... Read more...
06 May 2015
John Van Reenen, director of the Centre for Economic Performance at the London School of Economics, brings a summary of factors that may influence the choice of the ballot box. The interview on Capital Radio Madrid (Spa... Read more...
05 May 2015
''Our ambition is to bring together the creativity and energy of Shoreditch and the incredible possibilities of the Olympic Park to help make east London one of the world's great technology centres,'' Mr Cameron said in ... Read more...
A steep reduction in UK emissions over the last two decades disguises a number of ineffective government policies, argues a new report from the London School of Economics. In a briefing on the key environmental policy is... Read more...
30 April 2015
Most economies across the globe have a low, or even shrinking, share of manufacturing jobs. At the same, such firms are increasingly embracing the use of robots in the workplace. Brookings Institute researchers use two ... Read more...
There's no relationship visible in the numbers between the change in factory employment and robot use, says Mark Muro, senior fellow at the Brookings Institution. In a blog post, he and Brookings colleague Scott Andes to... Read more...
The Conversation is fact checking political statements in the lead-up to the May UK general election. Statements are checked by an academic with expertise in the area. A second academic expert reviews an anonymous copy o... Read more...
28 April 2015
CEP Director Professor John Van Reenen reveals the economic policy he would put in his election manifesto. The interview was recorded for Share Radio on 28 April 2015 Link to the interview here Related links John... Read more...
'Robots at Work' - Centre for Economic Performance Discussion Paper No.1335 by Georg Graetz and Guy Michaels posted on the 'Must-Must-Read' blog. The DP was posted on the Washington Center for Equitable Growth's 'To... Read more...
27 April 2015
There hasn't been much macroeconomic research on the impact of robots to persuade commentators to move from anecdote to analysis. However, new evidence begins to shed some light on the macroeconomic role of automation in... Read more...
Both labour and its opponents make too much of a new policy Labour made two housing policy commitments over the weekend, only one of which was interesting. The uninteresting one was the promise to cut stamp duty for fir... Read more...
London School of Economics professor John Van Reenen said Britain was also suffering from government inaction over infrastructure such as high-speed broadband, roads and airports. This article was published online by ... Read more...
26 April 2015
Article by Dennis Novy TTIP could be the most ambitious free trade agreement in history. It has the potential to benefit millions of consumers and might be the last opportunity for individual European countries to set h... Read more...
23 April 2015
As Pret a Manger becomes the latest company to credit happy workers for improved profits, we examine the evidence that suggests smiling employees might keep the tills ringing. There is a slight problem with anecdotal ev... Read more...
22 April 2015
In a recent briefing from the London School of Economics, Alan Manning writes that raising tax from 45 to 50 per cent has highly uncertain, but small, effects on the public finances. But what is clear is that if the high... Read more...
As far as the government is concerned, London's Tech City is a success. But what effect has it had on employment in the area - and what are the downsides? The LSE's Dr Max Nathan is trying to find out what has worked a... Read more...
21 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...
One of the main arguments employed by those in favour of remaining in the EU is simply how difficult it would prove to leave. We are deeply integrated with our European allies - economically, militarily and culturally. ... Read more...
19 April 2015
In a significant repositioning of Labour's views on immigration, Ed Miliband on Saturday pledged a series of measures to control immigration if his party is voted to power. Jonathan Wadsworth of the London School of... Read more...
A recent study from the Centre for Economic Performance has measured the impact on the UK economy of leaving the EU, which as the second chart shows is still the UK’s biggest trading partner. The study conclu... Read more...
Theories abound over the causes of the UK's slump in productivity since the financial crisis; Some economists, including John Van Reenen at the Centre for Economic Performance, believe the productivity puzzle is a co... Read more...
There are signs that inequality in the UK is beginning to rise again following tax and benefit changes introduced since 2010, an economic analysis has found. The study by the Centre for Economic Performance found the... Read more...
17 April 2015
Article by Ian Preston, Andrew Street, Claudia Hupkau, David Chivers, Peter Beresford and Simon Burgess The Conversation's Manifesto Check, where academics subject each party's election manifesto to unbiased, expert scr... Read more...
If Britain's top economists were in charge, what policies would they implement? Tim Harford sets the challenge. "Low productivity is the number one problem Britain faces" says Van Reenen. "Even before the crisis, it l... Read more...
Article by Sandra McNally The Conservative Party manifesto makes the following commitments in the area of school-age education: •A good primary school place for your child with zero tolerance for failure. •... Read more...
16 April 2015
A Labour/SNP coalition would mean massive tax increases for higher earners, big companies, banks and others. A fascinating paper by Alan Manning, published by the London School of Economics’ Centre for Economic ... Read more...
On paper, the Conservatives should reap dividends from a sharp recovery in Britain's economy which outpaced the world's other big, rich nations last year. Employment has surged, including in the West Midlands wher... Read more...
Article by Claudia Hupkau The Conversation's Manifesto Check deploys academic expertise to scrutinise the parties' plans. The Liberal Democrats have announced their vision for skills policy over the next parliament in ... Read more...
15 April 2015
Article by Hilary Steedman Welcome to The Conversation's Manifesto Check, where academics from across the UK subject each party's manifesto to unbiased, expert scrutiny. The Conservative manifesto skates over some unco... Read more...
Girls in French secondary schools are benefiting from a marking bias by maths teachers, finds research. The girls were given 6 percent higher marks than boys for similar work, says the study by the London School of Econo... Read more...
14 April 2015
Article by Maria Goddard, Anand Menon, Christine Merrell, Claudia Hupkau, Hilary Steedman, Ian Preston, Jonathan Perraton and Steve Higgins Welcome to The Conversation's Manifesto Check, where academics subject each par... Read more...
13 April 2015
Article by Hilary Steedman and Claudia Hupkau Hilary Steedman, London School of Economics and Political Science Labour's election manifesto promises four initiatives in the area of skills and apprenticeships; the Compu... Read more...
Robert Peston was on the R4 news telling us that if we hadn't had austerity growth would have been 15 percent higher...and so would wages...a Labour narrative and pure speculation...there is no counterfactual, Peston is... Read more...
02 April 2015
John Van Reenen of the LSE, who also disagreed with austerity, said ''UK GDP is about 15 percent below where we would have expected on pre-crisis trends... Premature austerity has damaged UK welfare and, as I and others ... Read more...
01 April 2015
31 March 2015
Lower trade with the EU would knock British economic output down by between 1.1 and 3.1 percentage points, according to a study by the London School of Economics. Foreign investment would surely drop and new roadblocks t... Read more...
It looks good for the Tories, the economy is recovering and employment is up. BUT, as an LSE economist put it, ''When viewed over the longer term, the state of the UK economy is not pretty''. ... Why is this? Two reasons... Read more...
The rise of the robots - how automation of the shop-floor is increasing as is the household use of these machines - has been expansively commented upon. But what the gradual adoption of bots has meant for industry, has, ... Read more...
The possible spending plans of Labour and the Tories illustrate the fact that there are real choices to be made at the election, writes John Van Reenen. When viewed over the longer term, the state of the UK economy is n... Read more...
30 March 2015
El economista Luis Garicano, autor del programa economico del partido de Albert Rivera, opina que la inversion en la alta velocidad de Galicia es un ''derroche keynesiano'' que debe paralizarse Economist Luis Garicano... Read more...
... go away'', said David Marsden, an expert in employee relations at the London School of Economics. How management deals with the current tragedy could affect the tenor of future talks, said ... This article was p... Read more...
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
Then there is the vital question of productivity. As Professor John van Reenen from the LSE observes, ''What the Chancellor didn't mention is that UK GDP per person is 16 per cent lower than we would have expected on pr... Read more...
Since the global financial crisis, workers' real wages and family living standards in the UK have suffered to an extent unprecedented in modern history. The one group in society for whom living standards have risen since... Read more...
26 March 2015
The big squeeze in UK living standards after the 2008 crash has been driven by a historically large squeeze in real wages (wages taking into account inflation). This was all set out in a new report from the Centre for Ec... Read more...
Speakers: Nick Boles MP, Minister of State for Skills & Equalities Frank Bowley, Deputy Director for Skills Policy & Analysis, BIS Professor The Baroness Wolf of Dulwich CBE, King's College London John Van ... Read more...
24 March 2015
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...
The government made three arguments for accelerated austerity. None was persuasive. Here are three indicators of the extent to which the economy has gone ex-growth: real gross domestic product per head at the end of 201... Read more...
19 March 2015
Article by John Van Reenen Public service spending is in for a rollercoaster ride. The implication of the Autumn Statement was that public service spending would be cut to levels not seen since 1948. Now they will be 36... Read more...
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
An even more dramatic example is provided by Germany itself. Historically, Germany has been described as the biggest ''debt transgressor'' of the 20th Century, with restructurings in 1924, 1929, 1932 and 1953. Total debt... Read more...
New research from a group of economists at Harvard, the Treasury Department, and the London School of Economics provides a particularly vivid illustration of how disadvantage can harm the economy at large. The researcher... Read more...
16 March 2015
The story of the first coalition government in Britain since the second world war is the story of austerity and thwarted deficit reduction plans. It is the story of a delayed economic recovery. It is the story of falling... Read more...
15 March 2015
It is likely that there will be tax increases after the election whoever wins, concludes a new report from the Centre for Economic Performance (CEP), based at LSE, in the latest in a series of background briefings on the... Read more...
13 March 2015
John Van Reenen examines the spending plans of the three major parties over the next Parliament, finding that, while all are currently planning for continued and severe austerity, the Conservatives' plan would bring down... Read more...
12 March 2015
11 March 2015
Iglesias's left-wing economic proposals have put business leaders on guard, while Rivera's economic programme, drawn up by Luis Garicano of the London School of Economics, has been better received by the business world. ... Read more...
A new study of 17 countries published this week found the introduction of robots to the workplace increased economic growth by 0.37 percentage points and labor productivity by a similar margin. What's more, ''no signific... Read more...
Christopher Pissarides, Cyprus's only Nobel Prize laureate, will receive the International Economy Award 2015 of the Kiel-based Institute for the World Economy (IFW), the Cyprus News Agency reported today. ''Unemployment... Read more...
Article by Professor John Van Reenen, Director of the Centre for Economic Performance All elections since 1992 have been followed by net tax increases of around £5 billion in today's money. It is therefore incumbe... Read more...
Discover the Government to catapult the economy and the stock market in Spain In a double election year in Spain, what is the best option to boost economic growth and improve our living conditions? ... We also believe... Read more...
10 March 2015
Spain prepares for bipartisanship in a crowded election year His economic program, developed by a professor at the London School of Economics, Luis Garicano, reassures companies. It also has support from the media. ... Read more...
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
Immigration and security minister James Brokenshire responded ... ''Uncontrolled, mass immigration makes it difficult to maintain social cohesion, puts pressure on public services and can force down wages.'' But even a m... Read more...
03 March 2015
The cost of subsidising the construction of more renewable energy won't deter industry from investing in Europe, according to a new study by the London School of Economics. ''Contrary to some claims, rises in energy pr... Read more...
02 March 2015
Researchers says even a 10-fold rise in EU carbon price would lead to a less than 0.5 per cent drop in exports A large rise in energy prices would barely affect exports from European industry and the balance of trade, a... Read more...
Article by Dennis Novy If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history. Dennis Novy writes that while the potential bene... Read more...
28 February 2015
Why Brazil produces fewer world-class companies than it should A big reason for Brazilian firms' underperformance is less well rehearsed: poor management. Since 2004 John van Reenen of the London School of Economics and... Read more...
The stereotype of concrete London is misleading: a fifth of all land in the Greater London Authority is green belt, according to a report by the London School of Economics, business group London First and planning firm Q... Read more...
27 February 2015
A new report from the Centre for Economic Performance (CEP) shows that there is no evidence of a negative impact of immigration on jobs, wages, housing or the crowding out of public services. The author, Professor Jonath... Read more...
According to opinion polls, immigration has emerged as a key issue for voters - ahead of the National Health Service, the economy, unemployment and crime - in the run-up to a closely-fought general elections this May. ... Read more...
26 February 2015
In a recent article in McKinsey Quarterly John Dowdy, a director of McKinsey, and John van Reenen, an economics professor and director of the Centre for Economic Performance at the London School of Economics, argue that ... Read more...
25 February 2015
London School of Economics Professor of Economics and Strategy Luis Garicano discusses the rise of anti-austerity in Europe, the upcoming election in Spain and the state of Spain's economy with Bloomberg's Mark Barton, A... Read more...
Article by John Van Reenen It takes on average a British worker to Friday to do what equivalent workers in Germany and France will complete by the end of Thursday afternoon. Chuka Umunna, Labour's shadow business s... Read more...
24 February 2015
A paper newly published in the Oxford Bulletin of Economics and Statistics tests the size of these effects on achievement by looking at the random component of sorting that occurs when most British children transition fr... Read more...
16 February 2015
In 1974 there were 350,000 people with dementia in the UK. Last year the number had grown to 816,000, a 74 percent increase. According to Martin Knapp, professor of social policy at the London School of Economics, that g... Read more...
15 February 2015
Alex Bryson, John Forth and Richard Freeman present research into the benefits of all-employee stock purchase plans. They find that employees who joined the plan were more committed to the firm, more satisfied with their... Read more...
12 February 2015
PARENTS' lifestyles, rather than their genes, are primarily responsible for their children being overweight, according to new research. Researchers at the Centre for Economic Performance compared the weight of biological... Read more...
11 February 2015
Q: How do you calculate reparations for something as catastrophic as WWII? A: Were Germany to pay reparations for the whole of the destruction it caused during the war - the Nazis were estimated to have been responsib... Read more...
10 February 2015
Albrecht Ritschl interviewed, discussing Greece's claim that it helped Germany financially after the Second World War and the political motivations behind it. The interview was broadcast on the BBC World Service Globa... Read more...
09 February 2015
According to the new Greek government, Germany has an enormous unpaid account in Greece. The Germans never paid anything for the murdering and plundering in the Second World War. The 'Zwangsanleihe', an extorted loan of ... Read more...
Norwegians with hidden fortunes in foreign banks should provide them before it is too late. Skjulte formuer i skatteparadis er en global utfordring. Fordi skatteparadisene tradisjonelt har hemmeligholdt slik informasjon... Read more...
Alan Manning, an economist at the London School of Economics, takes issue with the assertion that economic trends observed in the US are caused by technological unemployment. While he agrees US data shows rising producti... Read more...
Citizens will present on Feb. 17 in Madrid the first axis of its economic program in a ceremony that will feature the leader of the formation, Albert Rivera, and Economist Luis Garicano, 'signed' to implement economic me... Read more...
08 February 2015
Greek officials are seeking support for a new debt agreement. ... The Germans are conveniently ignoring is their own record as one of history's biggest deadbeats. In the 1920s, according to a prominent German economic hi... Read more...
The view on the UK: The biggest challenge of 2015: Can we avoid the rocky road to the Brexit cliff? John van Reenen Brexit will have serious economic consequences. Half of our exports are to the EU, we benefit from lar... Read more...
07 February 2015
In Switzerland and under the mattress here is where the money goes that Greeks have withdrawn from ATMs The great capitals [wealth], however, are probably already fled. And Switzerland, according to research by economi... Read more...
Building an economy upon a massive and growing distortion in the market for land is foolish In a recent paper, Christian Hilber of the London School of Economics and Wouter Vermeulen of the Netherlands bureau for econom... Read more...
05 February 2015
The economic historian Albrecht Ritschl of the London School of Economics comes to the conclusion that: ''Germany is the biggest debt sinner of the 20th Century''. This article was published by Spiegel online on Feb... Read more...
02 February 2015
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...
''Germany's resurgence has only been possible through waiving extensive debt payments and stopping reparations to its World War II victims'', economic historian Albrecht Ritschl told Der Spiegel in 2011, describing Germa... Read more...
30 January 2015
Competition among hospitals is linked to better quality management and lower death rate, suggests research published in The Review of Economic Studies. But competition on quality rather than price is likely to be key, sa... Read more...
Should we follow the British economist Sir Richard Layard? ''According to him, work contributes to happiness insofar as it contributes to the society and gives some meaning to the life of the worker'', says Cyril Perrier... Read more...
29 January 2015
We recruit and train mentors and pair them with children who need some additional encouragement and perspective to recognize a more positive future. Our mentors - ''Bigs'' - bring a new sense of opportunity and perspecti... Read more...
Letter from Professor Richard Layard Sir, John Hutton and Alan Milburn are quite right (''Defend Labour's economic record - the facts are on our side'', Comment, January 28): the fiscal record of the last Labour govern... Read more...
Der Mindestlohn in GroÐ’britannien Alan Manning interviewed and Centre for Economic Performance (CEP) research on the minimum wage mentioned in an issue produced by the German government about the introduction of the mi... Read more...
As the economy recovers, wages should rise and the relative cost of capital to firms should fall, which would increase the appeal of investing in productivity-enhancing technology. This, at least, is what Professors Joao... Read more...
Britain has prized the ideal of economically mixed neighbourhoods since the 19th century. Poverty and disadvantage are intensified when poor people cluster, runs the argument; conversely, the rich are unfairly helped whe... Read more...
Research by the LSE's Centre for Economic Performance was published in The Review of Economic Studies and involved 61% of all NHS providers of acute care in England. The study shows that adding one extra hospital in a ne... Read more...
As David Cameron lambasts Ed Miliband for allegedly wanting to ''weaponise'' the National Health Service in the election, new research gives the UK prime minister some ammunition of his own. LSE economists have measured ... Read more...
The Labour Party believes in reforming the NHS as much as in spending more taxpayers' money on it, and that the more independent providers of NHS services the better, if they can do a good job. ... It is also worth notin... Read more...
Dr Dennis Novy talking about Europe's economy if Syriza win the Greek election. The interview was broadcast by Sky News on January 28, 2015 Link to broadcast here Related links Dennis Novy webpage Globalisatio... Read more...
28 January 2015
Select Committee publications: education 3. The growth in the number of academies and free schools and the significance of their impact on the educational landscape in England led us to decide that it would be timely to... Read more...
Stephen Machin, professor of Economics at University College London, says, ''Creating jobs with decent pay as innovative technologies evolve is a challenge, given the UK's traditional difficulties in generating good jobs... Read more...
''Tsipras's initial decisions, especially his coalition with a nationalist-hooligan party, point toward an exit from the euro,'' Luis Garicano, an economics professor at the London School of Economics, said on Twitter. '... Read more...
27 January 2015
According to the latest research in scatenarla crisis is not linked to money or old age but to the collapse of expectations and loss of job Terence c. Cheng, Nattavudh Powdthavee and Andrew j. Oswald of the University o... Read more...
26 January 2015
We demand happiness! Despite the reservations you can make there, we find that the British are busy with something special. That is why we went to London to investigate where they, four years after Cameron's speech, wit... Read more...
25 January 2015
If successfully concluded, the Transatlantic Trade and Investment Partnership (TTIP) would be the most ambitious free trade agreement in history, writes Dennis Novy - and it has the potential to benefit millions of cons... Read more...
23 January 2015
This is consistent with other experiments by Nick Powdthavee and Yohanes Riyanto, who conclude that ''an average person is often happy to pay for what could only be described as transparently useless advice''. This ar... Read more...
22 January 2015
During Tuesday's State of the Union address, President Barack Obama announced his plan to expand paid leave for workers, starting with the federal government. Even with three months available to them, few Americans can t... Read more...
21 January 2015
Consider the example of planning policy. On one side of the barricades, there are those opposed to new development - perhaps not in general, but certainly when it comes to any specific attempt to build much-needed new h... Read more...
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...
Switzerland's central bank piled fresh pressure on the euro last week when it removed its peg with the franc - a move thought to have been triggered by the prospect of QE by the ECB. Sir Christopher Pissarides, the Cypri... Read more...
Nobel winner, Professor Chris Pissarides from London School of Economics, was unconcerned about a fall in China's growth rate. ''The slowdown was bound to happen and the Chinese are prepared for it'', he said. This ... Read more...
ESRC-funded research provided crucial evidence for the introduction of a UK National Minimum Wage in 1999, encompassing 1.3 million workers in 2013. The research was cited prior to minimum wage legislation in Hong Kong i... Read more...
19 January 2015
Only a tenth of education reforms carried out around the world since 2008 have been analysed by governments for the impact they have on children's education. A new report by the Organisation for Economic Co-operation and... Read more...
Why have the number of startups increased? The economic downturn has led to the rise in the number of startups over recent years, says John Van Reenen, director at the Centre for Economic Performance and professor of ... Read more...
The Center for American Progress has published a lengthy and ambitious report on how to achieve ''inclusive prosperity'' - a subject that is sure to play a prominent role in the [US] 2016 election. The report is the p... Read more...
15 January 2015
New report from Inclusive Prosperity Commission, transatlantic group convened by the Center for American Progress, will present policy proposals to promote broadly shared prosperity throughout the United States Washingt... Read more...
What makes people happy? Measuring human happiness is increasingly becoming a pursuit of economists, who use a range of research tools to gauge and quantify popular contentment at a national level. A common factor is mon... Read more...
13 January 2015
Britain's recovery is secure and will continue at a good pace in 2015 even if growth is likely to be a bit weaker than last year, economists said in one of their most optimistic assessments since the financial crisis. ... Read more...
01 January 2015
Britain will not run out of scope to create jobs in 2015 and will therefore not reach full employment, a slender majority of economists believe. But the number of people in work is likely to rise and unemployment will fa... Read more...
Interest rates must start rising soon, to wean the UK off crisis-era monetary policy, five former members of the Bank of England's rate setting body say. Financial markets are not expecting a first rate rise until late n... Read more...
The UK government's goal of cutting public spending so public finances are back in the black by 2018-19 with a large annual surplus by the end of the next parliament will not be delivered, most economists believe. How... Read more...
Political risk is back on the worry list for economists, with opinion polls increasingly suggesting neither of the two main parties will win an outright victory in May's general election. More than 60 per cent of 85 e... Read more...
Skype lax tax in Luxembourg Luxembourg signed that Janus Friis' booming IT giant worth nothing, shortly before it was sold for 19 billion kr. According to a new leak of secret treasures agreements. The French economist... Read more...
09 December 2014
Article by Nicholas Bloom, Raffaella Sadun and John Van Reenen Schools with greater autonomy often perform well, but there is disagreement over whether this is due to better management or cherry-picking of students. Bas... Read more...
07 December 2014
LONDON GREENBELT: The London Society was instrumental in formulating London's Green Belt in the 20th century. Tonight, near Farringdon, it hosts a debate about the future of London's Green Belt with Jonathan Manns on beh... Read more...
Aging: is the pension system sustainable? 23:14 hours JL Conde Ruiz, Professor of Economics, co-editor and author of the blog NadaesGratis.es book.. What will happen to my pension?: ''Pensions will be lower and will nee... Read more...
Pour Gabriel Zucman, professeur a la London School of Economics et specialiste des paradis fiscaux, la decision britannique de taxer les profits realises au Royaume-Uni va d'ailleurs dans le bon sens. ''Dans le principe,... Read more...
04 December 2014
Adolescents who have poor relationships with their fathers are more likely to fare worse psychologically if they become unemployed as adults says new research from the Centre for Economic Performance, at the London Schoo... Read more...
Blog article posted by John Van Reenen George Osborne's Autumn Statement was a reminder of the government's missed targets and missed opportunities, writes John Van Reenen. The Chancellor's promise to eliminate the stru... Read more...
03 December 2014
Another 1m public sector jobs are expected to be lost over the next five years as part of the latest squeeze on the public finances. ... Adjusted for inflation, wages have fallen by about a 10th since the financial crisi... Read more...
The chancellor of the exchequer, George Osborne, has delivered the financial package he hopes will convince voters to deliver a Conservative majority in May 2015. Here, a team of academic experts [that includes the Centr... Read more...
[Joshua] Angrist, the Ford Professor of Economics, has long been one of the leading advocates of research that uses ''ceteris paribus'' [other things being equal] principles. Now, along with Jorn-Steffen Pischke of the L... Read more...
01 December 2014
MIT News announced the publication later this month of Mastering Metrics: The Path from Cause to Effect by Joshua Angrist and Jörn-Steffen Pischke. Economists' new book teaches how to conduct cause-and-effect studi... Read more...
The United Kingdom has discovered that its Information Economy industries could be 42 per cent larger than current estimates, with at least 70,000 extra ICT-producing companies recently captured in a recent data find ope... Read more...
28 November 2014
In an item about the cooperative Vura Music Project in Uganda and its long-term future, Professor Luis Garicano mentioned: As shown in the Economist, Professor Luis Garicano advises that to emerge from the crisis huma... Read more...
27 November 2014
Article by Iain M. Cockburn, Jean O. Lanjouw and Mark Schankerman Patented pharmaceuticals diffuse across international borders slowly, and sometimes not at all. This column analyses the effect of patent protection and ... Read more...
26 November 2014
22 November 2014
Everett was supported by Lord Richard Layard and Lord Gus O'Donnell who were also speaking at the launch of the index. Lord O'Donnell said: ''One of the biggest, clearest conclusions from wellbeing analysis is that we s... Read more...
21 November 2014
Article by Joan Costa-i-Font and Valentina Zigante Several countries across Europe have attempted to reform their health systems by allowing patients more choice over their healthcare provider. The typical rationale for... Read more...
New research linking democracy and wellbeing suggests that men growing up in a democracy are likely to be taller than those who spend the first 20 years of their lives in a communist regime. The link is related to good n... Read more...
Men are taller in a democracy than if grown up in a communist regime ''Men who grow up in a democracy tend to be taller than those who have lived their first 20 years of life under a Communist regime.'' The assertion ma... Read more...
20 November 2014
Article by Paul Dolan Being happy at work is important. Studies suggest that if you're not happy at work, you're less productive, more likely to take days off sick, and a poor problem solver. Still, some people mainta... Read more...
Europe is facing a problem of long-term stagnation Europe and Spain within it, has ''a problem of long-term economic stagnation'' because of their limited level of labor productivity to the aging demographic prospects, ... Read more...
Give doctors bonuses for asking the right diagnosis Professor of Social Policy at the London School of Economics, Martin Knapp, says such incentive schemes tend to have an effect. He thinks this controversial measure wi... Read more...
It is generally agreed that firms can improve their employees' wellbeing through improvements in job quality - but is it in their economic interests to do so? This column reports research showing that satisfied employee... Read more...
17 November 2014
Last week, Luis Garicano, a professor at the London School of Economics, and Lucrezia Reichlin, a former head of research at the European Central Bank and now a professor at the London Business School, published a propos... Read more...
Article by Luis Garicano with Lucrezia Reichlin The ECB seems to be edging towards QE, but faces a quandary on what to buy. This proposal suggests that the ECB buy 'Safe Market Bonds'. These would be synthetic bonds for... Read more...
15 November 2014
How common is benefits tourism? Numbers of migrants and recipients of non-contributory benefits have both risen. ... there seems to be a (weak) correlation between generous non-contributory benefits and numbers of inact... Read more...
14 November 2014
What if in our relatively deregulated flexible labour market-where the balance of workplace power favours bosses, many people are engaged on flexible performance-based contracts, and new technology is sweeping away jobs ... Read more...
13 November 2014
In a letter to the Editor, Professor John Van Reenen, director of the Centre for Economic Performance says traders have been given free rein by banks - that there has been a a failure of banking regulation and governanc... Read more...
Depuis plus d'une dizaine d'annees, une equipe de chercheurs reunie autour de Nicholas Bloom (professeur a Stanford) et John Van Reenen (professeur a la London School of Economics) etudie l'influence des techniques de ma... Read more...
12 November 2014
Barbara Petrongolo will take over from Joseph Zweimuller as Director of the Labour Economics Programme from 1 August 2015. Barbara is Professor of Economics at Queen Mary University and Research Associate at the Centre... Read more...
11 November 2014
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...
The new understanding that childhood emotional wellbeing is key to a fulfilled adulthood comes from the Wellbeing research programme at the London School of Economics' Centre for Economic Performance. Its study analysed ... Read more...
Richard Layard and his colleagues at the Wellbeing research programme at the London School of Economics' Centre for Economic Performance conclude that a child's emotional health is far more important to their satisfactio... Read more...
08 November 2014
Zack Cooper discusses whether US efforts to reform health care could mean a loss of medical innovation for the rest of the world. This interview was broadcast on Public Radio International on November 7, 2014 Link to... Read more...
07 November 2014
Paul Cheshire discusses housing affordability and need to build new housing. This interview was broadcast by BBC South on November 6, 2014 (no link available) Also on: BBC Radio Oxford Related links Paul Ches... Read more...
06 November 2014
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
Article by Luis Garicano A stable two-party political system has been among Spain's greatest strengths in the post-Franco era. But since 2008 the brutal economic crisis - together with growing evidence that large sectio... Read more...
Blog article by David Metcalf Wealthy foreigners looking for a quick way to get permanent residence in the UK can take the 'investor route'. David Metcalf explains how simple reforms to the system, including visa auctio... Read more...
03 November 2014
In Nattavudh Powdthavee's research paper, ''Putting a Price Tag on Friends, Relatives, and Neighbours'', he discusses the monetary values we can put on social interactions. This article was published online by Elite... Read more...
30 October 2014
Nick Bloom and his colleagues studied 700 firms around the world. ''We find more productive, faster growing and better managed firms offer their employees a more attractive work-life balance package'', Bloom said in an e... Read more...
23 October 2014
Article by Jo Blanden As free nursery places for three year olds fail to deliver lasting educational benefits, Dr Jo Blanden argues we need to see a sensible approach to early years policy. This article was published... Read more...
22 October 2014
CEP Director, John Van Reenen, joins other City Growth Commissioners in launch of Final report, Unleashing Metro Growth. Commission Chair Jim O'Neill presents findings at 11am, Wednesday 22 October, 2014. Unleashing Gr... Read more...
Is there a future for industry in Europe and North America? Giorgio Barba Navaretti and Gianmarco Ottaviano use the example of the newly merged transatlantic car-maker Fiat Chrysler to debunk a number of myths about the ... Read more...
20 October 2014
Wind turbines are generally popular as a source of green energy but face considerable opposition from the people who have to live near them. Steve Gibbons uses local property markets as a way to value the visual impact o... Read more...
Similar considerations are linked with the far more important question: does more money give greater satisfaction? Jan-Emmanuel De Neve and Michael Norton, professors from the London School of Economics and Harvard Univ... Read more...
19 October 2014
Professor Paul Cheshire of the London School of Economics, has written that ''the unstoppable damage they do to societal fairness, housing affordability, the economic efficiency of our cities, even the environment, is de... Read more...
Luis Garicano, Professor at the London School of Economics, says that ''Investors are waiting for a long time for the three things proposed by Mario Draghi (President of the European Central Bank) to happen: Germany to l... Read more...
18 October 2014
Studies show that fears about remote workers being 'untrustworthy' and less productive are unfounded; a 2013 study by the London School of Economics and Political Science found that employees able to work from home are m... Read more...
16 October 2014
Alluding to research from the London School of Economics, which showed more of Surrey if devoted to golf courses than housing, Dr Cable said if he was in a middle-income family struggling to find a home in the county, he... Read more...
Is the mid-life crisis just an excuse? However, a study published earlier this year found that an average decrease of subjective happiness, or welfare as described by economists in middle age, between 40 and 42 years oc... Read more...
14 October 2014
Vince Cable's in trouble for suggesting we build on golf courses. The business secretary was referring to research by the London School of Economics showing that more of Surrey is devoted to golf than housing. This ar... Read more...
The future of innovation: two visions Article by Luis Garicano Luis Garicano says that productivity growth is the key to economic growth. This article was published by El Pais on October 12, 2014 Link to article he... Read more...
12 October 2014
When the Berlin Wall went up in 1961, it created what London School of Economics associate professor Daniel Sturm calls a ''perfect experiment''. While people in West Germany voted in free elections, read independent new... Read more...
The academies programme has transformed England's educational landscape. ... A separate study by Professor Machin and Andrew Eyles at the London School of Economics identified ''beneficial effects'' in schools becoming a... Read more...
11 October 2014
Veronica Rappoport of the Centre for Economic Performance comments on her choice to be recipient(s) of this year's Nobel Prize for Economics: ''At some point should touch the area of economic growth: Romer, Aghion and... Read more...
10 October 2014
New research from Jan-Emmanuel De Neve and Michael Norton, professors at the London School of Economics and Harvard respectively, looks at four decades of data (collected from more than 150 countries, including one datas... Read more...
09 October 2014
In an article sourced from the Centre for Economic Performance's Mental Health Policy Group, the Health and Social Care Information Centre, the Mental Health Foundation, Young Minds and the Guardian the Mirror explains w... Read more...
Article by Jan-Emmanuel De Neve and Michael I. Norton We find evidence that the life satisfaction of individuals is between two and eight times more sensitive to negative growth as compared to positive economic growth. ... Read more...
New homes should be built on golf courses in an attempt to solve the housing crisis, Vince Cable has suggested. ... Dr Cable was responding to a study by the London School of Economics which suggested that more of Surrey... Read more...
08 October 2014
Article by Dennis Novy If you have been following the TTIP negotiations in the press over the past year, you might have been under the impression that TTIP is a corporate sell-out and nothing but a threat for the averag... Read more...
05 October 2014
Fees paid by growing numbers of overseas postgraduates studying in the UK have helped to subsidise additional places for domestic learners. That is among the findings of a new paper by Stephen Machin, professor of econom... Read more...
03 October 2014
Article by John Dowdy and John Van Reenen While government policy will play a key role, the actions of managers and their organizations will decisively influence the realization of global productivity potential in the y... 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
The ONS' data showed that whilst, on average, Londoners have the highest disposable incomes in the country they are also the most anxious and have the lowest levels of life satisfaction. None of this will come as any sur... Read more...
24 September 2014
In a short online film, Professor Richard Layard of the Centre for Economic Performance (CEP) explains why treating mental illness should be high on the public agenda, especially as proven psychological therapies effecti... Read more...
23 September 2014
Liberalisation of planning could therefore lower house prices and rents directly, and there would be a direct boost to building growth. But the real gains would come through a fall in the cost burden associated with prop... Read more...
16 September 2014
En el otro lado, el economista Luis Garicano, tambien de la London School of Economics, advirtio de los ''brutales costes de un divorcio a las bravas'', pero dejo tambien un duro ataque a la actitud del Ejecutivo de Mari... Read more...
02 September 2014
Draghi: an offer you should not refuse Article by Luis Garicano The Spanish and European economic course opens with the bad news of growth in real GDP and prices in the euro area in the second quarter and the response ... Read more...
30 August 2014
Professor Christopher Pissarides among those calling for establishing more effective policies in fighting drug use. This article was published online by Yahoo! Mexico on August 25, 2014 Link to article here See al... Read more...
25 August 2014
Rowan Pelling enjoys a new approach to the old problem of happiness I bet politicians hanker for the days when they only had to worry whether the population was fed and plague-free, rather than fretting about their well... Read more...
''Lost happiness is lost for ever'' could be a slogan emblazoned on the favourite T-shirt of a pseudo-intellectual teenage poet, or the tag line of a deep-house club night in Dalston, east London. In fact, it's the life ... Read more...
24 August 2014
The project cites Thrive: The Power of Evidence-Based Psychological Therapies – the latest work by Richard Layard, co-authored with David Clark, professor of psychology at Oxford University. Mr Layard is credited as on... Read more...
22 August 2014
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
Eine Analyse des Centre for Economic Performance (CEP) an der London School of Economics kommt zu dem Ergebnis: Die Isolation von Europa konnte GroBbritannien harter treffen als die Finanzkrise 2007. An analysis of the ... Read more...
19 August 2014
Two of the key figures behind government reform in mental health care have spoken of the success of the Improving Access to Psychological Therapies (IAPT) initiative. Professor Lord Richard Layard, Emeritus Professor of ... Read more...
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...
History teaches us that labour markets are able to recover from the changes wrought upon them by technological change, said Alan Manning, professor of economics at the London School of Economics. ''If I take an historica... Read more...
18 August 2014
Indem sie ihren Kindern finanziell unter die Arme greifen, haben die Eltern auch unabsichtlich den offentlichen Druck entscharft, die Beschäftigungs-und Renten so zu andern, dass ihre Kinder einen leichteren Start ins B... Read more...
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 lost productivity and direct health expenses have an economic cost; in a recent analysis for the Mental Health Commission of Canada, the value was pegged at $50-billion a year. Labour economist Richard Layard argues ... Read more...
15 August 2014
The economist Richard Layard, after advocating that the goal of public policy should be to maximise happiness, set out to learn what the greatest impediment to happiness was today. His conclusion: depression. Depression ... Read more...
In translation: The London School of Economics and Political Science (LSE) along with the Imperial College Business School have conducted a curious study that analyzed the evolution of the price of more than one millio... Read more...
05 August 2014
Home owners in London are willing to pay up to 8 percent above the market price for properties in areas offering very fast internet speeds, according to new research from the London School of Economics (LSE) and Imperial... Read more...
Londoners show a greater willingness than the rest of the country to pay for broadband, reflecting very high usage in the capital city for both work and personal reasons. ''Speed matters,'' says Gabriel Ahlfeldt, associa... Read more...
House prices have grown faster in England since late 1973 than almost all other European countries. So what is going on? The problem is clearly that there is too little supply, given the demand and the growing population... Read more...
Were the severe sentences to participants in the 2011 riots an essential crisis response or a draconian overreaction? To an economist, they are something else: a fascinating natural experiment. With the news full of crus... Read more...
01 August 2014
Londoners show a greater willingness than the rest of the country to pay for broadband, reflecting very high usage in the capital city for both work and personal reasons. ''Speed matters,'' says Gabriel Ahlfeldt, Associa... Read more...
31 July 2014
Professor John Van Reenen, Department of Economics and Centre for Economic Performance, has been awarded the European Investment Bank Institute's 2014 'Outstanding Contribution Award'. The accolade, jointly awarded to Pr... Read more...
28 July 2014
''En los paises ricos, las enfermedades mentales son el 38 percent de todas las enfermedades; y el porcentaje trepa a 50 percent en la poblacion trabajadora'', dice Richard Layard, economista de la London School of Econo... Read more...
27 July 2014
One in three families contains someone who suffers mental illness, with one in 10 children having diagnosable mental disorders - yet fewer than one-third of these people receive treatment. Such shocking statistics litte... Read more...
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
The true scale of the neglect of mental health in Britain is laid bare in Thrive, a remarkable and passionately argued new book by economics professor Lord Richard Layard and the clinical psychologist David Clark, which ... Read more...
25 July 2014
Mental health is receiving just 10% of NHS spending across England, with some areas dedicating more like 6 percent of their budgets to it, Sky News can reveal. Charities say the figures ''paint a profoundly worrying pict... Read more...
On average, local health authorities across England spent 10 percent of their annual budgets on mental health services during 2013/14, despite research from the London School of Economics that shows that it accounted for... Read more...
Speech by Dr Jens Weidmann, President of the Deutsche Bundesbank, to the German-British Chamber of Commerce Annual Dinner 2014, London, 23 July 2014. 2. The benefits of European integration And it seems that Britain, t... Read more...
24 July 2014
THE Federal Reserve is ''the most transparent central bank to my knowledge in the world,'' claims its chairwoman, Janet Yellen. Transparency is a commonly prescribed remedy for all manner of governmental failings. But is... Read more...
In the UK, the Economic and Social Research Council does fund management and business research (such as the Centre for Economic Performance at the London School of Economics). In 2013-14, it funded two projects in this a... Read more...
The EIB Institute announces that this year's 'Outstanding Contribution Award' - with a prize of EUR 40,000 - will go jointly to Professors Nicholas Bloom (Department of Economics, Stanford University) and John Van Reenen... Read more...
22 July 2014
Martin Knapp discusses cost of autism to the UK. The interview was broadcast on BBC Radio 4 News on July 20, 2014 [No link available.] Related links Martin Knapp webpage Wellbeing Programme webpage ... Read more...
20 July 2014
Highams Park was not mentioned in material promoting business in Waltham Forest on the advice of London School of Economics (LSE) research, the council has said. There has been outcry after the area, long recognised as a... Read more...
An assumption underpinning China's investment policy is that connecting the hinterland to transport should support its development. But the construction of an early phase of China's national trunk highway system - 35,000... Read more...
19 July 2014
In the twenty-first century, however, the pursuit of happiness has become one of the most important means of judging our quality of life. ''Happiness is an aspiration of every human being,'' write John F. Helliwell, Rich... Read more...
Article by Jesus Fernandez-Villaverde and Luis Garicano Summer reading: the new regeneration Our normally apathetic civil society mobilizes periodically to demand institutional changes that bring us closer to Europe ... Read more...
Stavolta il pezzo mancante non sembra tuttavia nascondersi sotto il divano - come nelle piu consuete scenette ricreative familiari - ma trovarsi tra le pagine di Thrive: The Power of Evidence-Based Psychological Therapie... Read more...
18 July 2014
Campaigners fighting against plans to erect three wind turbines in Haddenham say thousands of pounds could be wiped off the value of every home in the village if the scheme goes ahead. The Stop Berry Fen Wind Farm group... Read more...
Article by David M. Clark and Richard Layard Mental illness is the main sickness of the working age population with economic costs around 8% of GDP. This column, based on the authors' recent book, discusses the effectiv... Read more...
17 July 2014
Article by Henry Overman Our latest evidence review on the economic impact of cultural and sport projects might make for uncomfortable reading for some local decision makers. We looked at these programmes' effects on wa... Read more...
16 July 2014
What's the best way to measure Europe's youth unemployment problem? ''Long-term unemployment and youth unemployment are the two [issues] that need more targeting, but we should especially try to avoid the combination of ... Read more...
Only 10 per cent of the value of land in expensive cities is due to its natural scarcity. The rest is planning restrictions. Paul Cheshire and Christian Hilber at the London School of Economics applied the same trick to ... Read more...
Film of the July 10 book launch for Thrive: the power of evidence-based psychological therapies. David Clark, Richard Layard in conversation with the BBC's Andrew Marr. The video was posted online to the LSE You Tu... Read more...
Richard Layard interviewed, speaking about the issues highlighted in new book Thrive, around the need for better treatment of mental health and providing psychological therapies more widely. This interview was broad... Read more...
15 July 2014
Yesterday the Independent featured an interview with British economist Richard Layard. The article's headline features Layard proclaiming ''that money is not the only thing affecting peoples happiness''. Layard has writt... Read more...
14 July 2014
''I've been hugely influenced by my co-author David Clark, one of the world's leading clinical psychologists. He always stressed to me that the aim of therapy is not to help people manage their condition but to recover a... Read more...
The Chris Blackhurst Interview: With one in six adults in the UK suffering from mental illness, Professor Lord Richard Layard is convinced it's time for a serious response from Government - which would save the NHS mone... Read more...
13 July 2014
A new study adds some empirical firepower to the idea that poor patent laws are crushing innovation in the technology industry. Researchers from the London School of Economics studied citations from patents that were inv... Read more...
12 July 2014
And over the past 20 years, academic economists have done many empirical studies showing that's not how minimum wages work in practice. They've also developed more sophisticated theories that better fit the empirical fac... Read more...
11 July 2014
Presenter quotes an earlier appearance by Paul Cheshire on the BBC's 'Sunday Politics Show' discussing the use of the green belt for new housing sites. This mention was on the BBC Radio Bristol News on July 11, 2014... Read more...
Article by Richard Layard and David M. Clark, 3rd instalment in a series of excerpts from 'Thrive' A standard course of cognitive behavioural therapy involves up to 16 one-hour sessions, one-on-one - with the average nu... Read more...
Article by Tim Besley and John Van Reenen In 2013 the LSE Growth Commission published a report into future UK growth. The aim of the Commission was to identify institutions and policies that could generate more growth i... Read more...
10 July 2014
In an interview with Joel Suss, editor of the British Politics and Policy blog, Richard Layard discusses the importance of combating mental illness and his new book, Thrive: The Power of Evidence-Based Psychological Ther... Read more...
Depression and anxiety cause more misery than physical illness, poverty or unemployment. They also impose huge economic costs. Yet they are amenable to effective and relatively cheap treatments. In the UK, however, fewer... Read more...
This article was first published on January 28, 2013 and has been republished after Germany beat Brazil 7-1 in the World Cup semi-final Second, it is the view of most economists that Germany has been the biggest winner ... Read more...
09 July 2014
Once upon a time, David Cameron said that general wellbeing matters as much GDP. What's it all for if a country grows richer but its people feel no better? A genuine attempt at prioritizing wellbeing would be revolutiona... Read more...
Low volatility doesn't cause markets to turn down; but it leaves them vulnerable to unexpected bad news. Nicholas Bloom, professor of finance at Stanford University puts it well: ''The fact that volatility is well below ... Read more...
08 July 2014
Article by Francesco Caselli, Angus Armstrong, Jaghit Chadha and Wouter den Haan How should UK policy-makers respond to potential dangers to the economy from the housing market? As this column reports, a majority of res... Read more...
...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...
Ultimately the biggest task remains ensuring our creaking health service is more responsive to the needs of mental health outpatients. And here there may be cause for cautious optimism. Because new research by Professo... Read more...
07 July 2014
''According to the World Health Organisation, depression has become the leading cause of disability worldwide and has significant economic consequences,'' said LSE's Professor Martin Knapp. ''Despite a lot of publicity s... Read more...
The Government's Help to Buy scheme was also helping first time buyers move into the market, she added but Prof. Cheshire rejected the measures as ''putting fingers in dykes''. ''The help to buy scheme is simply a rec... Read more...
06 July 2014
The Northern Futures project is a new approach to policymaking which means that rather than decisions being made by politicians and civil servants in Whitehall, the power is given to the people who live and work there. .... Read more...
04 July 2014
Another report, published by the London School of Economics and backed by Nick Clegg, stated that our strategy for dealing with drugs ''can no longer be justified''. It's not just statistics that point towards the need f... Read more...
If there is one area of the NHS in desperate need of change, it is mental healthcare provision. Professors Richard Layard and David Clark highlight in Thrive: The Power of Evidence-Based Psychological Therapies that it i... Read more...
This week, a new book by Lord Layard and Professor David Clark sets out a call for a transformation in the way we think about mental health and the priority mental health care is given. Thrive: the power of evidence-base... Read more...
02 July 2014
A wind farm developer has agreed to stop distributing a booklet which was given to residents in the parish of St Enoder after a complaint was made to the Advertising Standard Authority (ASA). The complaint to ASA argued ... Read more...
Urban Economics and Urban Policy A new book by Paul Cheshire, Max Nathan and Henry Overman Endorsements: 'A tour de force' Michael Storper, LSE 'Bold, exciting and eminently readable' Ed Glaeser, Harvard ... Read more...
01 July 2014
Article by Richard Layard Nearly 40 percent of all illness in this country is mental illness, but most of it is untreated. It is the greatest injustice in our society and every party's manifesto needs a plan to redress ... Read more...
Luis Garicano interviewed regarding Spanish finance system. This programme was broadcast by Antena 3 on July 1, 2014 Link to broadcast here Related links Luis Garicano webpage Productivity and Innovation Program... Read more...
There are now more than 1.1 million children in our schools whose first language ''is known or believed to be other than English'' according to the latest government figures. ... Chinese students are our highest performi... Read more...
David Clark was interviewed, discussing pscyhcological treatments for depression and anxiety. The interview was broadcast on BBC Radio 4's Today programme on July 1, 2014 Link to programme here [Starts at 2:46:30] ... Read more...
Article by Richard Layard and David M. Clark Treating mental health problems produces extraordinary savings - fewer people on welfare benefits, and fewer people being treated for physical illnesses made worse by mental ... Read more...
The upshot of this is that the price of labour (wages) has fallen and the price of capital has increased, so firms have had incentives to substitute cheaper workers for more expensive machinery and buildings. And while t... Read more...
30 June 2014
Barry Sheerman MP mentioned LSE report which highlighted percentage of greenbelt land which could be used for housing. The broadcast was made by BBC Parliament on June 30, 2014 Related publications Turning houses ... Read more...
Article by Joao Paulo Pessoa and John Van Reenen The fall in productivity in the UK following the Great Recession was particularly bad, whereas the hit to jobs was less severe. This column discusses recent research expl... Read more...
28 June 2014
Blog by Diane Coyle The new book by Richard Layard and co-author David Clark arrived in the post yesterday, Thrive: The Power of Evidence Based Psychological Therapies. It continues Professor Layard's campaign for great... Read more...
27 June 2014
4.50pm MPs will be urged to double the provision of psychological therapy in the health service at a meeting in Parliament next Tuesday. Professors Richard Layard and David Clark from the Centre for Economic Performa... Read more...
Progress means putting the old out of business. Mention of LSE researchers in 1993 who ran the world's first conference on a new topic - an economic explanation for happiness. This article was published by the Time... Read more...
26 June 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
Henry Overman, a London School of Economics professor who authored the report, has continued to lobby for ''agglomeration'' of big northern cities. Prof Overman said recently that reducing travel time between Leeds and M... Read more...
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...
Mention of LSE's research on dementia. The research was mentioned on BBC Radio 4 News on June 19, 2014 Related Links Martin Knapp webpage Wellbeing webpage ... Read more...
19 June 2014
"We owe it to the 44 million people living with dementia across the world to find new treatments for this cruel condition. But with the latest research from the London School of Economics now showing that a treatmen... Read more...
... te pristi. Co ji zpusobi? Albrecht Ritschl, profesor ekonomie na London School of Economics Pristi velka krize muze byt o cenach nerostnych surovin, o spekulacich s nimi. Nebo muze ... (Not) the final crisis: int... Read more...
But globally we desperately need to see new investment flowing into dementia research. ''We know from detailed analysis done by the London School of Economics that there is an impelling case both for economic and social ... Read more...
Professor Martin Knapp, from the London School of Economics, said discovering a treatment to delay the onset of dementia by just 36 months would save the country as much as £5billion a year. Mr Cameron will claim t... Read more...
As Prof Paul Cheshire points out in London School of Economics journal Centrepiece, more of the county of Surrey is devoted to golf courses than houses. Just 10 per cent of England is built up, and gardens cover nearly h... Read more...
For the market to maintain the flexibility that is needed, the matching of workers to jobs should be as efficient as possible. Government, business and the education sector need to do more to make this happen. It is faci... Read more...
17 June 2014
Stephen Stone, chief executive officer of Crest Nicholson Holdings Plc and Paul Cheshire, professor of economic geography at London School of Economics, discuss U.K. property prices, planning laws and building on green-b... Read more...
...errores Uno de los analistas economicos mas acreditados, el catedratico de la London School of Economics, Luis Garicano, autor de un certero diagnostico reciente sobre la coyuntura de este pais... Spain and the ri... Read more...
Abgesehen davon gibt es generelle MaBnahmen, die sowohl den Einwanderern, als auch den Einheimischen selbst zugute kommen. Richard Layard wirbt beispielsweise für eine fortschrittliche Steuerpolitik, um die wirtschaftli... Read more...
16 June 2014
According to Professor Paul Cheshire, you could build 1.6 million homes at average densities if just a fraction of that greenbelt space, much of it riding schools and golf courses, were reclassified. This article was... Read more...
In a keynote paper to last week's Modelling World conference, Henry Overman said much greater discipline needed to be imposed on the claims made by policy-makers about transport investment's impact on the economy. ... Read more...
13 June 2014
Fur die britische Wirtschaft ware das ein Alptraum. In der aktuellen Studie ''Brexit or Fixit?'' uber die wirtschaftlichen Auswirkungen eines britischen EU-Austritts warnen hochrangige Okonomen vom Center for Economic Pe... Read more...
12 June 2014
A debate on why Britain is failing to build enough homes and how best to fix the problem which was held at LSE. Speakers included Paul Cheshire. This programme was first broadcast on BBC Radio 4 on June 11, 2014 Link... Read more...
11 June 2014
Professor Martin Knapp, lead researcher of the study, believes that the discrepancy is caused mainly by a lack of awareness about how the money is spent. ''It's partly because the prevalence and impacts of the disease ha... Read more...
10 June 2014
The team, which also included investigators from the London School of Economics, analyzed existing literature in both countries, updating and supplementing as needed to estimate the cost of accommodation, medical and non... Read more...
Autism is the most costly medical condition in Britain, say researchers. It costs the UK £32 billion a year - more than heart disease, cancer and stroke combined. Researchers at the London School of Economics and ... Read more...
THE lifetime cost of caring for a person with autism is around £1.31 million, research has revealed. Researchers at London School of Economics and Political Science assessed the care cost to families both in the US... Read more...
Today's findings, by researchers from the University of Pennsylvania and the London School of Economics and Political Science, look beyond age 18 to include the costs of a potential lifelong disability. T... Read more...
09 June 2014
The figures showed a clear need for more effective interventions to treat autism, ideally in early life, to make the best use of scarce resources, said lead researcher Prof Martin Knapp, of the London School of Economics... Read more...
Researchers at the London School of Economics and Political Science assessed the care costs for families in the United States and Britain. The article was published in The Daily Telegraph on June 9, 2014 (no link av... Read more...
Paul Cheshire talks about the housing crisis. The interview was broadcast by BBC Radio 4 on the World at One show on June 6, 2014 Link to programme here Also on: Heart Northampton B... Read more...
06 June 2014
In 2013, Nicholas Bloom and his colleagues published a study they ran with Ctrip, a Chinese travel agency. Bloom et al conducted a randomised controlled trial with employees from the company's call centres. One group of ... Read more...
La Monarquia parece una afrenta a los principios democraticos. Como puede nacer una persona con mas privilegios que los demas? No debemos ser meritocraticos y democraticos en todo? Tal razonamiento parece conducir a la R... Read more...
04 June 2014
Com'è la giornata tipo di un manager nel mondo? Quante ore lavora e cosa fa in quelle ore? Uno studio su amministratori delegati europei, americani, indiani e brasiliani condotto da Raffaella Sadun (che insegna Bu... Read more...
03 June 2014
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
When the Depression Report was published by the Centre for Economic Performance's mental health policy group in 2006, it quantified the effects of that over-medicalisation for the first time. Talking therapies, particula... Read more...
28 May 2014
''Der Ausstieg wurde der britischen Wirtschaft betrachtliche Kosten aufburden'', sagt Joao Paulo Pessoa vom Centre for Economic Performance an der London School of Economics, einer der Verfasser der Studie ''Brexit or Fi... Read more...
27 May 2014
Johtajuus voi selittaa neljanneksen tai jopa kolmanneksen eroista kokonaistuottavuudessa maiden ja yritysten valilla. Taloustieteilijoiden Nicholas Bloom, Renata Lemos, Raffaella Sadun, Daniela Scur ja John Van Reenen tu... Read more...
22 May 2014
THE UK housing market needs Help to Supply, not Help to Buy. The government's housing scheme has helped first-time buyers get a leg-up onto the property ladder, but that privilege has come at a price - with house prices... Read more...
21 May 2014
In a new report on the economic consequences of a 'Brexit', Gianmarco Ottaviano, João Paulo Pessoa, Thomas Sampson and John Van Reenen find that if the UK left the European Union there would be a significant negat... Read more...
The Conservative party is committed to holding a referendum on the UK's membership of the European Union (EU) in 2017 - and many voters seem keen on having the opportunity to express their opinion. So what would be the c... Read more...
A higher qualification comes with lots of benefits, but weigh up the costs first to make sure it will be worth the investment. A Bachelors degree is no longer a passport to a career in some employment sectors. As an inc... Read more...
The fourth reason given for building on the green belt: It encourages inequality The green belt increases social inequality by acting as a wall that confines urban dwellers at increasingly higher densities. Prof Paul C... Read more...
In their blog, Renata Lemos and John Van Reenen say that good management in schools has a stronger effect than class sizes or quality teaching. This blog was posted in the guardian.com teachers' blog on May 20, 2014 ... Read more...
20 May 2014
Wien - Was bringt Kommunikation? Wenn neue Technologien zu einer Flut und Schnelligkeit von Information fuhren, was haben Unternehmen und Konsumenten davon? Die Frage ist in Zeiten von Internet und Big Data aktueller den... Read more...
18 May 2014
Economists at the Centre for Economic Performance (CEP), which is part of the London School of Economics, described a British exit as a ''very risky gamble''. It said the move would cost jobs, reduce investment and push ... Read more...
17 May 2014
In a fresh analysis of the effects of a so-called Brexit, the Centre for Economic Performance (CEP) said that in the worst-case scenario Britain could suffer a fall of between 6.3 per cent and 9.5 per cent of GDP because... Read more...
Increased trade and regulatory costs would cost the UK economy up to 9.5 percent of its output if the UK left the European Union, according to new research by the London School of Economics. The findings are contained in... Read more...
16 May 2014
Paul Cheshire discusses need for more housing on greenbelts. This interview was broadcast by BBC Berkshire on May 14, 2014 No link available. Related publications Turning houses into gold: the failure of Britis... Read more...
14 May 2014
Meanwhile, justification for rapid academisation is scant. A 2009 report by LSE academics Stephen Machin and Joan Wilson signals there was little proof that New Labour's academies raised the attainment of poorer students... Read more...
When the London School of Economics looked at the issues that hold people in long-term unemployment, common mental health difficulties like anxiety and depression were the largest cause. This operates as feedback loop. T... Read more...
13 May 2014
The high prices reflect that people want to live in Australia, according to John Van Reenen, the director of the centre for economic performance at the London School of Economics. 'However, as the commodity boom and Chin... Read more...
12 May 2014
In the long run, the answer to Britain's out-of-kilter housing market is an increase in the supply of homes. Paul Cheshire, an academic at the London School of Economics, says there has been a slowdown in the number of n... Read more...
11 May 2014
Nipping it in the bud too soon, despite justifiable concerns about house prices in some areas, could backfire. Professor Paul Cheshire, in a spirited piece for the London School of Economics' CentrePiece magazine, estima... Read more...
New research reports from the Centre for Economic Performance (CEP) at the London School of Economics are highlighted in the Spring 2014 issue of CentrePiece magazine. Social housing: Natives and immigrants... Read more...
08 May 2014
Christopher Pissarides and other Nobel prize winners among signatories of a new academic report on global anti-drugs policies urging the UN to adopt different policies. This article was published online by Reuters on ... Read more...
06 May 2014
The problem of Spain: No deterrent for fiscal offences without imprisonment for perpetrators ... Luis Garicano, con su libro El dilema de Espana. Si los gobernantes no interiorizan que deben reformar las instituciones d... Read more...
03 May 2014
Green belt polices that aim to keep ''the urban unwashed out of the Home Counties'' are causing a housing affordability crisis, according to a London School of Economics (LSE) professor. Britain's booming house prices ha... Read more...
02 May 2014
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...
''Recently there have been reports published by the LSE (London School of Economics) concluding that house values within close proximity of a wind farm are reduced by up to 11 per cent - however, here on the ground in D... Read more...
23 April 2014
A new report by the charity and the London School of Economics claims that over two to five years, investment in early detection services could save the NHS £50 million a year. ''Too much'' of the current budget to... Read more...
10 April 2014
Large windfarms can knock as much as 12 percent off the values of homes within a 2km radius, and reduce property prices as far as 14km away, according to research by the London School of Economics. The findings contrast ... Read more...
08 April 2014
Professor Luis Garicano, from the London School of Economics, said the economic models used to predict inflation seem to be breaking down, leading to serial misjudgments. ''They need to take very serious action,'' he tol... Read more...
03 April 2014
''I think they [the ECB] need to take very serious action'', says Luis Garicano, a professor of economics at the London School of Economics. ''The thing is that inflation has been consistently surprising us on the downsi... 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
Professors at Harvard Business School, the London School of Economics and Columbia University's business school examined the schedules of 356 chief executives in India and found that family CEOs worked 8 percent fewer ho... Read more...
07 March 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
Article by Paul Cheshire While research I did in the 1980s showed that there was a small but measurable value of Greenbelts for people who lived near them, recent research by colleagues at the London School of Economics... Read more...
11 November 2013
These trends worry economists and a broad consensus is supportive of a focus on living standards rather than GDP. The London School of Economics growth commission this year, for example, stated that ''prosperity is stren... Read more...
09 November 2013
The Department of Education is understood to have established the review group because it was concerned about a significant collapse in employer demand for apprentices, particularly in construction-related trades. Statis... Read more...
03 November 2013
Hilary Steedman, a Research Associate at the Centre for Economic Performance at the London School of Economics talks about how apprenticeships can help small and medium-sized enterprises (SME) improve their productivity,... Read more...
24 October 2013
Article by John Van Reenen The proportion of UK-quoted shares owned by overseas investors passed the 50% mark for the first time last week. Predictably there was much wringing of hands about the decline of British busin... Read more...
30 September 2013
Stanford economist Nicholas Bloom took employees at a huge Chinese travel agency and randomly assigned some to work from home while others worked in the office. Sure enough, in terms of sheer amount of work, the stay-at-... Read more...
15 May 2013
It should not be as difficult as we seem to make it. A working group at the London School of Economics pointed out a few months ago that growth is neither about the size of the state or about deregulation. It is about wh... Read more...
09 May 2013
Crime in British neighborhoods that have experienced mass immigration from Eastern Europe over the last 10 years has fallen significantly, according to research that challenges a widely held view over the impact of forei... Read more...
04 May 2013
...la relacion entre empresario y aprendiz", apunta Hilary Steedman, investigadora de la London School of Economics. En el mejor de los supuestos, la formacion dual es una experiencia adaptable a las realidades de o... Read more...
01 May 2013
In addition, my research with John Van Reenen of the London School of Economics shows that JVs (joint ventures) are 23% more productive on average than other firms. Those which had a technology transfer agreement that di... Read more...
Article by Jesus Fernandez-Villaverde, Luis Garicano and Tano Santos By the end of the 1990s, under the incentive of Eurozone entry, most peripheral European countries were busy undertaking structural reforms and puttin... Read more...
30 April 2013
Two years ago George Osborne, chancellor, wished that a 'march of the makers' would help to lift the UK economy. But as the stagnation continues, there is little sign of an industrial revival. Professor John Van Reenen, ... Read more...
18 April 2013
Today's British economy is the legacy of Margaret Thatcher. The governments that succeeded her did not change the broad lines of her policies. John Major privatised the railways. Labour lightly regulated the City of Lond... Read more...
11 April 2013
Article by John Van Reenen Margaret Thatcher's economic legacy lives on. This column provides a markedly balanced assessment of her mistakes and achievements. Most pressingly, Thatcherism left the UK failing to properly... Read more...
John Van Reenen analyses the economic legacy of Margaret Thatcher. In the late 1970s, when the UK was behind other developed nations in terms of material wellbeing, her supply side policies spurred economic revival. Ther... Read more...
10 April 2013
The consensus in 2000 of a team of American, British and Canadian scholars working under the auspices of America’s National Bureau of Economic Research, and Britain’s Centre for Economic Performance and its Institut... Read more...
09 April 2013
John Van Reenen, head of the Centre for Economic Performance at the London School of Economics, said: "The changes [under Thatcher] helped shift Britain from a century of relative decline to three decades where we c... Read more...
08 April 2013
Margaret Thatcher's demolition of the trade unions in the 1980s has helped to keep Britons in work through the latest financial crisis, leading economists suggested yesterday...Economists have been baffled by the conundr... Read more...
06 April 2013
Reflecting on yesterday's budget, John Van Reenen argues that an opportunity was missed. While there were good things in the budget, the 1p off a pint of beer was symbolic. This was a budget in which little changed and... Read more...
21 March 2013
These phenomena have helped to change the pattern of inequality since the turn of the century, says Steve Machin, research director at the London School of Economics' Centre for Economic Performance. During the 1980s and... Read more...
20 March 2013
Professor John Van Reenen interviewed by the BBC on the eve of the next Budget announcement by George Osborne. The interview was broadcast by the BBC Business News site on March 19, 2013 Link to interview here Rel... Read more...
19 March 2013
In advance of Budget Day John Van Reenen highlights a range of chronic weaknesses which are holding back the UK economy, with infrastructure and associated policy uncertainty a particular problem. He calls for a new arch... Read more...
18 March 2013
"It's like one of those horror movies - you think the recession is dead, and then it pops up again." John Van Reenen is feeling frustrated. The head of the LSE's Centre for Economic Performance believes his voice is jus... Read more...
The medium-term growth rate of the economy depends far more on leaving resources in the innovative and productive private sector economy than on boosting short-term demand. In the short term, some of this adjustment will... Read more...
22 February 2013
The financial sector has proved remarkably resilient, with wages in the City rising while other workers saw pay fall between 2008 and 2011, according to research from the London School of Economics. Inequality before the... Read more...
The London School of Economics Growth Commission, a panel of academics, former government officials and business leaders, has just published a report on how to improve Britain's economic performance. "Investing for ... Read more...
05 February 2013
...Act received Royal Assent, we have agreed terms for the Northern Line Extension and announced £10 billion of projects that prequalify for a guarantee. A report last week from the London School of Economics Growth Com... Read more...
04 February 2013
Mention of the Growth Commission Broadcast on BBC1 West Midlands on February 3, 2013 Also on BBC Radio 4 Newspaper Review Lord Stern joins the panel for the newspaper review and mentions the LSE Growth Commiss... Read more...
03 February 2013
The London Crossrail project has been around since the 1980s. A report by the London School of Economics Growth Commission this week tackles the infrastructure problem head on. The commission points out that the UK's adv... Read more...
02 February 2013
One measure of economic policy uncertainty - an index created by economists Steven Davis of the Chicago Booth School of Business and Scott Ross Baker and Nick Bloom of Stanford University - stood in December at its highe... Read more...
01 February 2013
Two things are striking about yesterday's report of the LSE Growth Commission. The first is the very strong implication of its conclusions that the path to future prosperity is decidedly one involving, indeed demanding, ... Read more...
Leading economists have stepped up their pressure on Chancellor George Osborne, slamming his austerity measures and calling for an urgent plan for growth. The London School of Economics Growth Commission also branded gov... Read more...
Skills, infrastructure and innovation are the essential drivers of the productivity growth on which the UK's future prosperity depends. So while there are understandable concerns about the currently flat-lining economy, ... Read more...
IT IS tempting to think Britain is well past its best. The first nation to industrialise, it once topped the tables of output per person. It is now a mid-table mediocrity on the edge of a triple-dip recession. But a prop... Read more...
On Thursday 31st of January 2013, the long-awaited LSE Growth Commission Report was published and launched in London. The document itself is available for download from this link and I urge all teachers and students inte... Read more...
31 January 2013
Leading economists have condemned Britains flatlining economy and issued an urgent call for growth, dealing another blow to Chancellor George Osborne's credibility. The experts are behind a ''manifesto for growth'' which... Read more...
Britain's economy will not prosper unless its 'mediocre' education system is overhauled, a hard-hitting report says today. Written by a Nobel Prize-winning economist as well as former members of the Bank of England, the ... Read more...
Article by Tim Besley and John Van Reenen The latest GDP figures confirm that the UK economy has been more or less flat-lining since the financial crisis began. This column presents the LSE Growth Commission's integrate... Read more...
The Government just talking about an EU referendum is damaging investment and productivity, influential economists warn. This article was published online by Sky News on January 31, 2013 Link to article here See... Read more...
Investment in education, infrastructure and innovation are the keys to Britain's recovery from recession and long-term growth over the coming 50 years, a report said today. The London School of Economics Growth Commissio... Read more...
Investment in education, infrastructure and innovation are the keys to Britain's recovery from recession and long-term growth over the coming 50 years, a report says. The London School of Economics Growth Commission urge... Read more...
Why do we spend so little time talking about what really matters? That's the question I once again asked myself, reading the final report of the London School of Economics' Growth Commission. This article was publi... Read more...
Politicians should track progress in repairing Britain's recession-scarred economy by measuring how the average household is faring instead of focusing on GDP alone, according to a report by a panel of heavyweight econom... Read more...
Professor John Van Reenen was interviewed about the LSE Growth Commission report. The interview was broadcast on Sky News on January 31, 2013 See also BBC Norfolk LSE Growth Commission report is mentioned. Rel... Read more...
An influentual group of academics and business leaders has called on the Government to create an independent infrastructure bank to mitigate the "political procrastination" that has deterred investors from maki... Read more...
Written by a Nobel Prize-winning economist as well as former members of the Bank of England, the report from the London School of Economics calls for radical change to get the UK growing again. This article was publishe... Read more...
The most pressing question of our time for politicians - and indeed for the public - is why Britain is finding it so hard to grow and what, if anything, can be done about it. Business Secretary Vince Cable gave his take ... Read more...
Britain urgently needs new institutions to ensure vital infrastructure projects are not derailed by political indecision if the country is to prosper in the future, the London School of Economics has demanded in a "... Read more...
Article by John Van Reenen and Richard Lambert The UK needs to provide investors with incentives, write John Van Reenen and Richard Lambert. Creating a successful economy requires sustained investment of three basic kin... Read more...
30 January 2013
One of my pet causes is the importance of good management. Nicholas Bloom and John Van Reenen have observed that management quality can account much of the persistent difference in productivity across firms in a given se... Read more...
Now we have science saying it: management consultants add value. A formal study, sponsored by the World Bank and using a control group of factories as well as a treatment group, quantified the results. First year economi... Read more...
27 January 2013
As long as the macroeconomy is uncertain, the common wisdom says, business won't invest. And as long as business refrains from investing, "the economy contracts, generating a recession", according to a June art... Read more...
06 November 2012
In her article, Hilary Steedman writes: As in every downturn, youth unemployment is a serious concern. This column looks at apprenticeship policy in England. It argues that England is a long way off the apprentice numbe... Read more...
06 October 2012
Letter by Ruth Stivey Miliband's suggestion of getting employers to 'own' the system by delegating budgets to them is a radical and attractive idea since lack of employer interest in apprenticeships is a major problem. ... Read more...
05 October 2012
Today, many French and German banks have cut the amount of debt they hold from troubled euro zone countries by half. And practically the only buyers of Spanish debt are Spanish banks. Ditto for Italy. Not only does th... Read more...
02 October 2012
Over a whole career, men in the public sector will earn the same as their commercial peers - and women will do better. It is essential that any proposed reforms of the total remuneration package available to current and... Read more...
01 October 2012
New SERC/Grantham project launched: an investigation of the Carbon Footprint of the Retail Sector LSE's Spatial Economics Research Centre and Grantham Research Institute have begun a new collaborative project expl... Read more...
27 September 2012
In a blog, Jonathan Portes writes, NIESR has just published research estimating the economic impact of immediate versus delayed fiscal consolidation in the UK. The research was undertaken by Dawn Holland (NIESR), John Va... Read more...
03 August 2012
…el punto muerto: la senda hacia la salida de la crisis. Entre los españoles figuran Luis Garicano, del London School of Economics, o Guillermo de la Dehesa. También suscriben el documento los alemanes Lars... Expe... Read more...
25 July 2012
Euro doomed, say experts The euro has broken down and faces collapse with 'incalculable economic losses and human suffering', according to an extraordinary warning from a group of leading economists. The experts include... Read more...
MENTAL health is such an important issue it deserves its own Government minister, says a top professor.The call by Lord Layard follows an explosion in mental illness. It now accounts for almost half of all sickness in th... Read more...
18 June 2012
Despite its prevalence, three-quarters of people suffering from mental illness are not getting treatment as the NHS fails to meet their needs, according to a report. The authors, from the Mental Health Policy Group at th... Read more...
The Netherlands ranks fourth on a list of the world’s most contented nations. The list, drawn up by three economists, was published on the eve of a UN conference on happiness. Economists John Helliwell, Richard Layard ... Read more...
03 April 2012
Youngsters in Britain are becoming increasingly desperate, as youth unemployment has soared to 22.3 per cent. Increases in apprenticeships are proposed as one possible solution. LSE economist, Hilary Steedman comments. ... Read more...
15 February 2012
The LSE Growth Commission has been created to provide an authoritative input to a growth strategy for the United Kingdom. The commission will report within one year and along the way it will take evidence from leading... Read more...
20 January 2012
A survey by the British Chambers of Commerce reveals that the majority of firms eager to create new jobs are "frustrated" by skills gaps and onerous regulation. A separate study by the LSE has warned that apprenticeship... Read more...
14 December 2011
Prime Minister David Cameron's decision to distance Britain from European efforts to save the euro isn't likely to make the U.K. more independent of the bloc. "Politically the U.K. has lost power and credibility, and its... Read more...
The research aims to develop a much clearer picture of what business leaders and top management teams can do to develop their organizations and become more innovative. A large-scale research project conducted by McKinsey... Read more...
13 December 2011
Cycling generates nearly £3bn a year for the UK economy, a report by the London School of Economics has found. The figure takes into account factors such as bicycle manufacturing, retail and cycle-related employ... Read more...
05 December 2011
Professor Albrecht Ritschl of the London School of Economics says the Germans face a stark choice. Albrecht Ritschl:They will indeed have to be the decision between accepting a probably softer eurozone, or thinki... Read more...
Of course, if the eurozone turned itself into a real fiscal union with all the member states guaranteeing each other's debt, that would stop the crisis in its tracks. But Tim Leunig of the London School of Economics s... Read more...
04 December 2011
Albrecht Ritschl: Now it turns out that the whole debt burden of southern Europe combined is quite a bit too big to be shouldered by the Germans. This article appeared in Marketplace on December 3, 2011 Link to ar... Read more...
03 December 2011
Many experts believe that if the eurozone were to break apart it would be because richer members leave it rather than continue to try to bail out poorer ones. In fact, there are already some signs that the richer countr... Read more...
02 December 2011
Germany's hardline attitude is making the situation in Europe worse Economics professor at the LSE, Albrecht Ritschl, comments on Germany's reaction to the worsening euro crisis. This article appeared in The Guardi... Read more...
08 November 2011
One degree is no longer enough to secure the best-paid jobs, according to research. Growing numbers of university students are staying on after their bachelors’ degrees to complete postgraduate masters and docto... Read more...
26 October 2011
Text ... Read more...
A system of 'European Safe Bonds' run by a continent-wide debt agency could save the eurozone without the need for fiscal union argue two leading analysts from the London School of Economics and Political Science. Profes... Read more...
30 September 2011
“[As opposed to supporting Greek investment], supporting multinational investment helps China to develop global firms as well as diversity their capital outflow, predominantly away from government debt such as US Treasur... Read more...
A system of 'European Safe Bonds' run by a continent-wide debt agency could save the eurozone without the need for fiscal union argue two leading analysts from the London School of Economics and Political Science. Pro... Read more...
28 September 2011
According to Stanford economics professor Nicholas Bloom, a US recession is almost unavoidable. He studied 16 previous “uncertainty shocks” (events like the Cuban missile crisis and the 9/11 attacks) and concluded that “... Read more...
12 August 2011
Tim Leunig: The question is: do Germans want to guarantee Greek, Italian and Spanish debt? I don't see any evidence of that. This article appeared in Sound Money on August 3, 2011 Link to article Rel... Read more...
03 August 2011
…de la primera semana de octubre», indicó Garicano en declaraciones a Ep. A juicio del profesor de la London School of Economics (LSE) y miembro de Fedea, "la situación española es extremadamente preocupante..." ... Read more...
…es "muy preocupante y peligrosa" porque se no está acabando el tiempo. Para Luis Garicano, profesor de la London School of Economics, la solución pasaría porque el BCE empezara a comprar deuda pública española... ... Read more...
02 August 2011
Article by Ethan Ilzetzki on the US debt deal. He says raising the debt ceiling should have been a "no-brainer". This article appeared on CNN on August 1, 2011 Link to article Related Links Ethan Ilz... Read more...
01 August 2011
Research has suggested that family-owned companies have the UK's most satisfied workforces. John van Reenen of the LSE recently accused family businesses of inefficiency due to poor management quality. This article ... Read more...
19 July 2011
Markus Jokela, Tuomas Pekkarinen, Matti Sarvimäki, Marko Terviö, Roope Uusitalo There is strong empirical evidence of a secular rise in intelligence, but a lack of consistently measured data ... Read more...
11 July 2011
CEP has produced rigorous research evidence on the impact of hospital competition, pay regulation and management performance on quality, productivity and equity in the NHS. Policy needs to be informed by evidence. Below ... Read more...
13 June 2011
Many Spaniards, asked by the government to sacrifice living standards and years in retirement to help fix public finances, have been incensed by Spain bailing out savings banks that were crippled by bad loans linked to r... Read more...
01 June 2011
Combatting Unemployment is a collection of key papers from seminal labour economists Richard Layard and Stephen J. Nickell. The authors received the IZA Prize in Labor Economics in 2008 for their path-breaking wor... Read more...
19 May 2011
Professor John Van Reenen discusses the UK's prospects for economic growth, including the important role of company management and the potential of higher education as a key national industry. ... Read more...
05 May 2011
A couple of months ago, Henry Overman, professor of economic geography at the LSE, gave a lecture titled How Did London Get Away With It? His answer came down to the kind of jobs that Londoners tend to have. The capita... Read more...
22 March 2011
The Spanish prime minister brought in measures yesterday aimed at distancing the country from other troubled countries within the eurozone. Luis Garciano a Spanish professor at the LSE is quoted as saying that the market... Read more...
02 December 2010
It was run by Local Government Improvement and Development (previously the IDeA), the Young Foundation and the London School of Economics Centre for Economic Performance, in collaboration with Hertfordshire, Manchester a... Read more...
21 November 2010
‘Coalition plans to cap benefits will not work as intended, and are unnecessarily draconian’ – Article by Dr Tim Leunig, a reader in economics at LSE. This article appeared in Prospect Magazine on November 18, ... Read more...
18 November 2010
Articles for this issue will be available for download on Wednesday 10 November 2010. Please visit CentrePiece website at http://cep.lse.ac.uk/CentrePiece - OR - To keep up to date with the very latest articles from the... Read more...
09 November 2010
Last week, as [Wayne] Rooney demanded a salary of £10.4m, the City prepared to gorge itself on a bonus pot of £7bn. "If you had just come back from a couple of years on a desert island you could be forgiven for thinking ... Read more...
24 October 2010
How effective these new rules will be depends on how they are interpreted. “It could take years to clarify under what circumstances firms can fire workers and pay only 20 days’ compensation,” says Luis Garicano, of the L... Read more...
07 October 2010
A suggestion that Spain's banking system still has a way to go before institutions can once again begin raising money on the wholesale finance markets to shore up their short-term liquidity. LSE professor Luis Garicano s... Read more...
06 October 2010
There is a high possibility that a second economic dip in the U.S. economy could occur, triggering a “snowball effect” throughout the rest of the world, according to a prominent London-based economist. “If someone had as... Read more...
20 September 2010
One risk, says Luis Garicano, an economist at the London School of Economics, is that Spanish lenders could follow in the footsteps of Japan's so-called zombie banks, "holding on to capital in order to cover their losses... Read more...
16 September 2010
Over the last decade or so, the biggest source of the growth of high pay and wider inequality has been bonuses, according to some recent research. And those who have benefited have been "the people [already] within the ... Read more...
15 September 2010
In a recent New York Times article entitled, “In Ireland, Dangers Still Loom”, authors Simon Johnson and Peter Boone warn of the consequences of the type of austerity programs being introduced across Europe—especially fo... Read more...
11 September 2010
“With such ready access to taxpayer bailouts, Canadian banks need little capital. They naturally make large profit margins, and they can raise money even if they act badly,” write Peter Boone and Simon Johnson in an arti... Read more...
06 September 2010
Forward by Sir Roy Gardner (Chairman, Compass Group plc; Chairman, Apprenticeship Ambassadors Network) August 2010: I am pleased to commend this report, commissioned by the Apprenticeship Ambassadors Network, of which... Read more...
John Van Reenen, director of Centre for Economic Performance at the London School of Economics, told Public Finance the government should reconsider its fiscal policy in the light of the new figures. ‘The planned spendin... Read more...
12 August 2010
Crime is usually high on the list of voter concerns. This might seem surprising since total crime has fallen significantly since the mid 1990s. Yet two thirds of the population still (wrongly) think that crime is rising ... Read more...
28 July 2010
Increasing numbers of liberal economists are gravely worried that the UK has made a wrong turn in choosing an austerity budget. Professor John Van Reenen, Director of the LSE's Centre for Economic Performance, explains... Read more...
28 June 2010
Last year, Queen Elizabeth went to the London School of Economics to try and understand what had taken so much wealth out of her Commonwealth. 'Why did nobody predict it?' the monarch asked the hapless host, professor Lu... Read more...
01 June 2010
Familienunternehmen sind die besten Firmen überhaupt? Und wenn die Rahmenbedingungen eines Landes nicht stimmen, scheitert selbst der erfolgreichste Manager? Diese beiden Glaubenssätze haven Wirtschaftsprofessor Nicholas... Read more...
27 May 2010
The latest CEP Election Analysis gives an overview of the research evidence on financial regulation, one of the key battlegrounds of the 2010 General Election. The publication is summarised below and can be found in f... Read more...
19 April 2010
The latest CEP Election Analysis gives an overview of bankers' bonuses and extreme wage inequality, one of the key battlegrounds of the 2010 General Election. The publication is summarised below and can be found in fu... Read more...
08 April 2010
A new series of Election Analyses is launched today by the Centre for Economic Performance (CEP). The series will discuss the research evidence on some of the key policy battlegrounds of the 2010 General Election, incl... Read more...
01 April 2010
Speakers: Professor Tim Besley, Professor Alan Manning Date: Thursday 4 March 2010 Time: 6.30pm -8.00pm Venue: Sheikh Zayed Theatre, New Academic Building The UK government has a massive budget defic... Read more...
26 February 2010
The government's chief immigration adviser has called for a review of "lower tier" colleges over fears that too many foreign students are being given visas at the end of their degree courses. Professor David Me... Read more...
04 December 2009
Department of Economics Public Debate Date: Monday 30 November 2009 Time: 6.30-8.00pm Venue: Old Theatre, Old Building Speakers: Professor Tim Besley, Professor Willem Buiter, Professor Charles Goodhart, Professor... Read more...
26 November 2009
Peter Boone, chairman of Effective Intervention, at the Center for Economic Performance co-writes with Simon Johnson that the American dollar is in the midst of a large fall in its value, as compared with other major cur... Read more...
12 November 2009
Professor Lord Richard Layard will be speaking at Beyond Crisis, a TUC / Guardian one-day conference on progressive responses to the financial crisis on 16 Nov. This article appeared on the blog 'Touchstone' on No... Read more...
03 November 2009
Linda Yueh was interviewed, commenting on the UK banks, RBS and Lloyds, in terms of the additional government funding, rights issues, and restructuring on competition grounds. The interview was shown on Chan... Read more...
Peter Boone of the London School of Economics is mentioned in an article about the state of the financial sector. This article appeared in the Financial Times Online on October 21, 2009 Link to article ... Read more...
21 October 2009
Recent research by Nick Bloom – as well as research of an earlier vintage by Fed chairman Ben Bernanke – suggests that the impact of the credit crunch on uncertainty will lead to an economic slowdown much worse than w... Read more...
19 October 2009
Willem Buiter, professor of European political economy at the London School of Economics, says that it is a fallacy to think economic models, particularly those based on history, can hope to understand the fundamental re... Read more...
06 October 2009
A study by two economists, Nick Bloom of Stanford and John Van Reenen of the London School of Economics, concluded that companies that use the most widely accepted management techniques, of the sort that are taught in bu... Read more...
24 September 2009
Dr Alexander Grous from the LSE's Centre for Economic Performance, who has studied the link between IT investment and business performance, said: "The lesson we can draw here is that companies cannot simply save their wa... Read more...
02 September 2009
The origins and effects of the crisis were explained to her by Professor Luis Garicano, director of research at the LSE's management department. This article appeared in FinFacts Ireland on 28th July 2009. Link to ... Read more...
28 July 2009
“Why did nobody notice?” The Queen asked Professor Luis Garicano, Director of Research at the Department of Management, at LSE obviously concerned about its effect on her own investments which had fallen sharply. T... Read more...
27 July 2009
Article for Economix - Explaining the Science of Everyday Life, written by Peter Boone and Simon Johnson Peter Boone is chairman of Effective Intervention, a charity based in Britain, and a research associate of the Cen... Read more...
16 July 2009
Paul Krugman returned to the LSE on June 8th to give the annual Lionel Robbins memorial lectures. Mr Krugman tried to answer two big questions. Why did economists not foresee calamity? And how will the world economy cl... Read more...
11 June 2009
Paul Krugman, Professor of Economics and International Affairs at Princeton University, Centenary Professor at LSE and Nobel Laureate. is visiting CEP in June and will deliver the Lionel Robbins Memorial Lectures 2009. ... Read more...
01 June 2009
DÜSSELDORF. Wenn Nick Bloom, Ökonomie-Professor im kalifornischen Stanford, über Klimawandel und Weltwirtschaftskrise redet, dann kann das schnell ein bisschen zynisch klingen. Oder ironisch. Dabei meint der Brite das ga... Read more...
29 May 2009
Labour is considering putting a "job guarantee" for anyone unemployed for 18 months at the heart of its election manifesto, as ministers seek ways to offer hope to victims of the recession. The idea for the policy came... Read more...
28 May 2009
In a new report, Risk and regulation: A new era for capitalism, sponsored by Dubai Holding, the Economist Intelligence Unit finds that almost 60% of 418 global senior executives surveyed agree that the current crisis has... Read more...
18 May 2009
Despite some optimistic talk of signs of economic recovery - optimism not shared by the Bank of England in its latest assessment of things - unemployment is continuing to rise. Lord Richard Layard, director of the Well... Read more...
14 May 2009
Simon Johnson, is a professor at MIT Sloan School of Management and former International Monetary Fund chief economist. Peter Boone is a research associate of the Centre for Economic Performance and chairman of Effective... Read more...
08 May 2009
The number of skilled jobs open to immigrants from outside the EU should be cut by 270,000 because of the recession and rising unemployment, the Government's official advisers recommended yesterday. David Metcalf, Pro... Read more...
30 April 2009
Britain will unveil a recession-fighting budget this week, seen as vital for Prime Minister Gordon Brown as he struggles to boost his flagging fortunes ahead of a likely election next year. "It's an important budget, a... Read more...
19 April 2009
That most Britons believe the economy will get worse suggests they misguidedly think things aren't so bad right now, writes Tom Cunningham from the Centre for Economic Performance. This article appeared in the Guard... Read more...
08 April 2009
Work by Nick Bloom at Stanford University in California has shown that even the temporary surges in uncertainty that followed previous shocks had destructive effects. This article appeared in the New Scientist on ... Read more...
18 March 2009
Nick Bloom, an economist at Stanford University, said that a declining, though still high, volatility in stock markets and “reasonably good” federal policies suggested that the economy should be able to avoid the lon... Read more...
13 March 2009
"The recession will be over sooner than you think", to quote the title of an article in CentrePiece by two US academics, Nick Bloom and Max Floetotto. The bit of history they emphasise is that of uncertainty exhibite... Read more...
12 March 2009
Tom Cunningham (Centre for Economic Performance) says that journalists have misunderstood the Consumer Price Index and that, in fact, prices are falling and not rising as they are reporting. This article... Read more...
27 February 2009
INVITATION - Berlin Lunchtime Meeting on Wednesday, 25 February 2009, 12 to 2pm DIW Berlin, Mohrenstr. 58, 10117 Berlin Main Conference Room, Second Floor Carbon taxes: Good for the Planet, not bad for Econo... Read more...
23 February 2009
Deflation is still a risk – we should press on with quantitative easing even though prices aren’t sliding quite as fast. Column by Tom Cunningham of the Centre for Economic Performance, LSE. This article appear... Read more...
18 February 2009
The LSE is holding a number of public lectures with key academics, business leaders and politicians who will examine the issues raised by the ongoing crisis. On Tuesday 17th February 2009 the first public lecture ... Read more...
17 February 2009
Luis Garicano, a Professor of Economics at LSE, thinks that the effect of the global market on incentives can go some way to explaining the current financial crisis. Applying his model of incentives to the world of footb... Read more...
04 February 2009
Die Krise der Weltwirtschaft zieht Deutschland hinab. Wie lange die globale Rezession anhält, ist ungewiss. Für drei US-Ökonomen ist das ein Grund zur Hoffnung. Article by Von Philip Faigle on paper by Nick Bloom and Ma... Read more...
11 January 2009
Economic Outlook 2009. Unemployment is likely to rise to near 3m, adding 1m people to dole queues and returning the country to a position not seen since the early 1990s. Tim Leunig of the London School of Economics sai... Read more...
02 January 2009
"The Spanish central bank didn't allow our banks to take American crap because they had their own crap...they were extremely exposed to the Spanish housing market," said economist Luis Garicano of the London School o... Read more...
23 December 2008
Nick Bloom, assistant professor of economics at Stanford University, provides the best available evidence of how an economy is likely to react to a temporary bout of volatility. This article appeared in the FT... Read more...
18 December 2008
YESTERDAY we linked to bad news for those hoping to preserve the environment in the face of a withering economy. Luckily, not everyone believes that the two crises are in opposition. Ralf Martin argues that lessons from ... Read more...
10 December 2008
In a conference in Brussels on 3rd December 2008, Director of the Centre for Economic Performance, Professor John Van Reenen debated the impact of the credit crunch on competition policy with John Fingleton, CEO of the U... Read more...
03 December 2008
Credited quote from LSE professor Dr Tim Leunig. This article appeared in the Independent on the 1st December 2008. [No link avaliable] Related Links Tim Leuing webpage Globalisation Programme webpa... Read more...
01 December 2008
The 82-year-old monarch had the main aspects of the current global financial crisis explained to her during the inauguration of a new building at the London School of Economics (LSE). The origins and effects of the c... Read more...
25 November 2008
Peter Boone is chairman of Effective Intervention, a UK-based charity, and a research associate at the Centre for Economic Performance, London School of Economics. This article appeared in the Wall Street Jou... Read more...
24 November 2008
The Great Depression obliterated GDP, but Nicholas Bloom, assistant professor of economics at Stanford University, wrote this week that 2009 will be tough but still result in an overall shrinkage in world GDP of 3%. ... Read more...
21 November 2008
He was mocked in the Daily Mail for "stammering" when asked by the Queen, on a royal visit, to explain why no one had foreseen the credit crunch. But Luis Garicano , director of research at the department of manageme... Read more...
20 November 2008
Professor Christopher Pissarides , of the London School of Economics, agreed the outlook for bar and restaurant workers in Islington was grim. He said: "I would expect bars and restaurants to be hit because they are sm... Read more...
19 November 2008
Professor Luis Garicano, director of research at the department of management, London School of Economics, comments on the Queen discussing the economy with him. This article appeared in the The Guardian on the 18th... Read more...
18 November 2008
In their study The Changing Pattern of Earnings: Employees, Migrants And Low-Paid Families, researchers analysed the earnings of a random sample of 1% of the British population over 30 years. They found the gap bet... Read more...
29 October 2008
The coming recession could make it much harder for low-income families to lift themselves out of poverty, a report suggests. Academics at the London School of Economics said that the gap between rich and poor was beg... Read more...
Linda Yueh was interviewed for the programme on reasons to be cheerful during this financial crisis. This interview was broadcast on BBC World Service on the 29th October 2008. Link to article. Related L... Read more...
Recession could stop more families from working their way out of poverty, researchers have warned. But co-author Abigail McKnight, of the Centre for Analysis of Social Exclusion at the London School of Economics (L... Read more...
Recession could stop more families from working their way out of poverty, researchers have warned. Co-author Abigail McKnight, of the Centre for Analysis of Social Exclusion at the London School of Economics (LSE) sa... Read more...
Comment written by Linda Yueh on how if a new system of international economic law emerges as a result of the banking crisis, it could benefit all nations. This article appeared in the Guardian on 23rd October 2... Read more...
23 October 2008
Economist Nick Bloom thinks both Europe and the United States will sink into a severe recession next year, with gross domestic product contracting by 3 percent and unemployment rising by a total of about 3 million. ... Read more...
20 October 2008
BBC News is running a series of commentaries this week by economists on the challenges facing the global financial system. Today, Linda Yueh considers the implications for China. This article appeared on the... Read more...
Analysts said the financial crisis could strain the unspoken pact between Putin and the tycoons, who have been allowed to prosper as long as they do not challenge his rule. "They're going to be fighting to get money from... Read more...
17 October 2008
The Treasury plans to invest up to $250 billion in individual banks and has already allotted half that amount to nine leading banks. For now, the key questions are: Will the plan work? And what consequences will it have ... Read more...
15 October 2008
Linda Yueh was interviewed on the U.S. financial crisis and presidential elections. This interview was given to United Television (UTV) News - India on October 13, 2008 [No link available.] Related Links... Read more...
13 October 2008
Linda Yueh interviewed on the financial crisis. The interview was given to Sky News on October 13, 2008 [No link available.] Related Links Linda Yueh webpage Globalisation Programme webpage... Read more...
"There is going to be an enormous political battle over who is going to be bailed out by the government's reserves," said Peter Boone, an associate at the Centre for Economic Performance at the London School of Economics... Read more...
For a start, according to the Stanford University economist Nick Bloom, the recent volatility of the stock market is on a par with the 1929 crash and subsequent episodes in that period when the Depression took hold. Bloo... Read more...
12 October 2008
Comment by Tom Cunningham (CEP Macro Programme) on how we should be worrying about deflation, not inflation. This article appeared in the Guardian on October 12, 2008 Link to article Related Links Tom... Read more...
Nicholas Bloom on the voxeu blog warns we might be on the precipice. “The crisis is shaping up to be a perfect storm – a huge surge in uncertainty that is generating a rapid slow-down in activity, a collapse of banking p... Read more...
10 October 2008
Stanford economist Nicholas Bloom finds the good news in the coming global recession. This article appeared in the US News and World Report on October 10, 2008 Link to article Related Publications 'Will... Read more...
Dr Tim Leunig, lecturer in economic history at LSE appeared on the programme this morning discussing the government’s bank bail out. This interview was broadcast on BBC Radio 5 Live Breakfast programme on October 8,... Read more...
08 October 2008
Article by Nick Bloom on his prediction of a recession for 2009 that he now believes was too optimistic an outlook. This article appeared in VOX online on October 8, 2008 Link to article Related Public... Read more...
Dr Tim Leunig, senior lecturer in Economic History at LSE, was interviewed on Wednesday about the banking crisis. This interview was broadcast on October 1, 2008 Link to programme Related Links Tim Leunig ... Read more...
01 October 2008
GIVEN the extraordinary events being played out on global capital markets, should we even be shocked by Lloyd's TSB gobbling up HBOS to create a new banking behemoth? Yes, we should, and not just because of its sheer si... Read more...
19 September 2008
Evan Davis hosted a live debate from the Willis Building in the City of London to reflect on the past year of economic turmoil, and to discuss where the credit crunch mess will lead next. The BBC Radio 4 programme The ... Read more...
16 September 2008
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