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CEP in the News 2022     feed/rss

The Economist

How to unleash more investment in intangible assets

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.


Related Links:
The Economist - How to unleash more investment in intangible assets

CEP Growth

Jonathan Haskel webpage



News Posted: 19/05/2022      [Back to the Top]

CEP Announcement

Swati Dhingra to join Bank of England's monetary policy committee

Swati Dhingra has been appointed the Bank of England’s Monetary Policy Committee (MPC) by chancellor Rishi Sunak.

The MPC is responsible for deciding what monetary policy action the Bank of England will take to keep inflation low and stable. It meets eight times a year to set the Bank of England’s own interest rate.

Dr Dhingra, associate professor of economics at LSE and an associate in the Centre for Economic Performance’s trade programme, will join the MPC on 9 August for a three-year term.

The MPC is made up of nine members, four are external members appointed directly by the chancellor for fixed terms. Dr Dhingra will replace Michael Saunders, who has been on the MPC since August 2016.

Chancellor of the exchequer, Rishi Sunak said: “Dr Swati Dhingra’s experience in international economics will bring valuable new expertise to the MPC. I am delighted to appoint her to this role and look forward to seeing her contribution to policymaking in the coming years.”

Dr Dhingra said: “I am very pleased that the chancellor has appointed me to join the Monetary Policy Committee. The work of the committee is of great importance as the UK faces an exceptional cost of living crisis amid the global challenges of the pandemic and the war.

“It will be an honour to learn from the Bank’s vast expertise and regional visits, “to listen and to explain”, and to bring evidence to bear on the crucial policy decisions of the committee.”

Previous and current associates of CEP who have sat on the MPC include Stephen Nickell, Sushil Wadhwani, Willem Buiter, Silvana Tenreyro and Jonathan Haskel.


Related Links:
CEP Announcement - Swati Dhingra to join Bank of England's monetary policy committee

Swati Dhingra webpage



News Posted: 12/05/2022      [Back to the Top]

The New Statesman

How poor mental health costs the economy billions

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.


Related Links:
The New Statesman - How poor mental health costs the economy billions

CEP Wellbeing

Richard Layard webpage



News Posted: 11/05/2022      [Back to the Top]

The Guardian

Immigration and vocational training: UK evidence

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.


Related Links:
The Guardian - Immigration and vocational training: UK evidence

Post-Brexit imports, supply chains, and the effect on consumer prices

CEP Trade

Jan Bakker webpage

Nikhil Datta webpage

Josh De lyon webpage

Dilan (Kirsten) Yang webpage



News Posted: 27/04/2022      [Back to the Top]

The Telegraph

‘No evidence’ of sustained hit to UK exports to EU since Brexit trade deal

Researchers find Brexit’s impacts on trade were only felt once the Trade and Cooperation Agreement kicked in, rather than steadily since the referendum.


Related Links:
The Telegraph - ‘No evidence’ of sustained hit to UK exports to EU since Brexit trade deal

Unravelling deep integration: UK trade in the wake of Brexit

CEP Trade

Rebecca Freeman webpage

Kalina Manova webpage

Thomas Sampson webpage



News Posted: 26/04/2022      [Back to the Top]

Independent

Brexit has devastated UK exports to smaller EU countries, study says

LSE finds one-third decline in trading relationships under Boris Johnson’s deal – which has hit small firms hardest.


Related Links:
Independent - Brexit has devastated UK exports to smaller EU countries, study says

Unravelling deep integration: UK trade in the wake of Brexit

CEP Trade

Rebecca Freeman webpage

Kalina Manova webpage

Thomas Sampson webpage



News Posted: 26/04/2022      [Back to the Top]

Financial Times

UK-EU trade relationships tumble after Brexit

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 altogether.


Related Links:
Financial Times - UK-EU trade relationships tumble after Brexit

Unravelling deep integration: UK trade in the wake of Brexit

CEP Trade

Kalina Manova webpage

Thomas Sampson webpage

Rebecca Freeman webpage



News Posted: 26/04/2022      [Back to the Top]

The Times

It’s time to take a firmer grip on companies and competition law

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 by John Van Reenen, explains why the growth of "superstar firms" such as Apple needn't undermine the welfare of consumers and workers.


Related Links:
The Times - It’s time to take a firmer grip on companies and competition law

Firms and inequality

CEP Growth CEP POID

John Van reenen webpage



News Posted: 25/04/2022      [Back to the Top]

NPR

Who eats the cost of higher food prices?

Xavier Jaravel explains some of the basic concepts around inflation.


Related Links:
NPR - Who eats the cost of higher food prices?

CEP Labour Markets

Xavier Jaravel webpage



News Posted: 12/04/2022      [Back to the Top]

Financial Times

Growth is still the answer to the world’s economic problems

Jonathan Haskel and Stian Westlake argue that capitalism can be revitalised by promoting ‘further investment’ in what they call ‘intangible capital’.


Related Links:
Financial Times - Growth is still the answer to the world’s economic problems

CEP Growth

Jonathan Haskel webpage



News Posted: 11/04/2022      [Back to the Top]

Research Professional News

Intangible economy demands a broader view of R&D

Jonathan Haskel and Stain Westlake explain why the UK government's focus on funding overlooks many levers for innovation policy.


Related Links:
Research Professional News - Intangible economy demands a broader view of R&D

CEP Growth

Jonathan Haskel webpage



News Posted: 30/03/2022      [Back to the Top]

Science Focus

Want to be happy? Stop trying to be

All humans want a little of the good life, but Paul Dolan asks whether the sole pursuit of happiness is actually making us a society of sad, selfish and solitary creatures?


Related Links:
Science Focus - Want to be happy? Stop trying to be

CEP Community Wellbeing CEP Wellbeing

Paul Dolan webpage



News Posted: 24/03/2022      [Back to the Top]

The Guardian

Finland named world’s happiest country for fifth year running

Experts say social support, honesty and generosity key to wellbeing, as Afghanistan and Lebanon struggle in global ranking.


Related Links:
The Guardian - Finland named world’s happiest country for fifth year running

World Happiness Report 2022

CEP Wellbeing



News Posted: 19/03/2022      [Back to the Top]

BBC Two

Newsnight

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.


Related Links:
BBC Two - Newsnight

CEP Trade

Swati Dhingra webpage



News Posted: 18/03/2022      [Back to the Top]

The Telegraph

University personal statements 'favour' middle class students, admits minister

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 criticised university personal statements saying "a huge industry of advisers". helped more affluent teenagers.


Related Links:
The Telegraph - University personal statements 'favour' middle class students, admits minister

CEP Education and Skills

Lee Elliot major webpage



News Posted: 16/02/2022      [Back to the Top]

CEP Announcement

Philippe Aghion awarded the Erasmus Medal of the Academia Europaea

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 maintained, over a sustained period of time, an outstanding level of international scholarship as recognised by peers. It is perhaps the highest recognition for purely scholarly achievements that the Academy can bestow.

Professor Aghion, a professor at the London School of Economics and Political Science and the Collège de France, is described by the medal awarding committee as "a truly global giant in his academic field".

The citation continues: "His major ground-breaking research relates to the economics of growth and contract theory, where he developed with Peter Howitt, Rachel Griffith and others, the Schumpeterian Growth paradigm by reviving Schumpeter with sound theoretical considerations and by providing testable implications."

The award comes after the publication of his latest book The Power of Creative Destruction (Harvard University Press, 2021; together with Céline Antonin and Simon Bunel) where he discusses strategies to tame capitalism to ensure future innovations and wellbeing. 

Professor Aghion's CEP discussion papers include: Carbon taxes, path dependency and directed technical change: evidence from the auto industry; The innovation premium to soft skills in low-skilled occupations; The heterogeneous impact of market size on innovation: evidence from French firm-level exports and The impact of regulation on innovation.

Professor Aghion will receive the medal and deliver a lecture at the Academy's annual conference on 26-27 October 2022.


Related Links:
CEP Announcement - Philippe Aghion awarded the Erasmus Medal of the Academia Europaea

CEP POID CEP Growth

Philippe Aghion webpage



News Posted: 15/02/2022      [Back to the Top]

The New Statesmen

One in six children have mental health issues but school support is lacking

With only a quarter of pupils having access to counsellors, Richard Layard suggests that a well-being unit be set up within the Department for Education, to provide guidance to schools and help with interventions.


Related Links:
The New Statesmen - One in six children have mental health issues but school support is lacking

CEP Wellbeing

Richard Layard webpage



News Posted: 10/02/2022      [Back to the Top]

MIT Sloan

Want better forecasts? Start with better management

John Van Reenen shows that well-managed firms make better forecasts - and the traits of those well-managed companies might come as a surprise.


Related Links:
MIT Sloan - Want better forecasts? Start with better management

Do well managed firms make better forecasts?

CEP Growth

John Van reenen webpage



News Posted: 02/02/2022      [Back to the Top]

Financial Times

Stable job market is ‘mixed blessing’ for UK workers

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 Foundation and the London School of Economics.
 


Related Links:
Financial Times - Stable job market is ‘mixed blessing’ for UK workers

Changing jobs?

CEP Labour Markets

Rui Costa webpage

Andrew Eyles webpage

Tzvetan Moev webpage

Guglielmo Ventura webpage



News Posted: 06/01/2022      [Back to the Top]

The Times

Want a pay increase? Then move to a new job, says Resolution Foundation

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 tank and the London School of Economics' Centre for Economic Performance.


Related Links:
The Times - Want a pay increase? Then move to a new job, says Resolution Foundation

Changing jobs?

CEP Labour Markets

Rui Costa webpage

Andrew Eyles webpage

Tzvetan Moev webpage

Guglielmo Ventura webpage



News Posted: 06/01/2022      [Back to the Top]