Publications

Blog

LSE Blogs: politics and policy:

Why the UK-India Young Professionals Scheme might end up benefitting a handful of large companies

The announcement of a new visa for young, professional Indians to work in the UK could prove popular - but an eye needs to be kept on how it ends up being used in practice, writes Alan Manning....Read more...

CEP Covid-19 analysis

The impacts of Covid-19 and Brexit on the UK economy: early evidence in 2021

We use real-time firm survey data to describe trends in the UK economy in early 2021. As of April 2021, business activity and expectations for the future have improved. However, real wage growth is down and firms are rep...Read more...

CEP discussion paper

Formation of college plans: expected returns, preferences and adjustment process

We exploit a large exogenous shock to study the determinants of college attendance and the role played by one's environment. We analyze whether, and how quickly, adolescents' college plans are adapted, explore factors le...Read more...

Blog

Economics Observatory:

Update: Which firms and industries have been most affected by Covid-19?

Businesses across the UK have been negatively affected by the pandemic, but the damage has not been equal. Certain sectors and certain firms within them have suffered more than others - and many have faced highly uncerta...Read more...

Blog

LSE Blogs:

Government urban regeneration initiative failed to improve Britain's most deprived areas

In 1994, John Major's Conservative government launched an initiative to improve a range of societal issues through regeneration. The Single Regeneration Budget ran for nearly a decade, but failed to create opportunities ...Read more...

CEP discussion paper

Education and economic growth

This paper summarises the literature that has linked education and economic growth. It begins with an overview of the key concepts in neoclassical and endogenous growth models, and discussion on how these have been teste...Read more...

Blog

Notes from Poland:

Why is Poland's economy emerging so strongly from the pandemic? A comparison with the UK

Poland is no longer Europe's "green island" of growth, as it was during the 2008 financial crisis when it was the only country not to fall into recession. Yet its economy has managed to avoid the pandemic-induced trouble...Read more...

Blog

VoxEU:

Lockdowns widen the gender gap in mental health

Women, the young, and the less educated have borne the brunt of the economic damage caused by the Covid-19 pandemic and lockdowns in terms of job and earnings losses. As this column reports, women have also suffered far ...Read more...

Blog

POID Blog:

Risk of Business Failure: POID Tracker

Peter Lambert and John Van Reenen track how UK businesses view their risks of bankruptcy over the next three months, finding extensions to COVID support schemes have helped avert a wave of bankruptcies, but risks remain....Read more...

Blog

VoxEU:

Why housing is built in flood-prone coastal areas

Despite the higher susceptibility to floods and a growing climate crisis, more than 10% of the world's population live in low-elevation coastal zones, and that percentage is growing. Yatang Lin, Thomas McDermott and Guy ...Read more...

Blog

Economics Observatory:

What is the future of working from home?

Working from home has become more common during the pandemic, but only in certain sectors. Jonathan Haskel writes about the likelihood that the practice will be permanently adopted depends on perceptions of workforce pro...Read more...

CEP discussion paper

Innovation and human capital policy

If innovation is to be subsidized, a natural place to start is to increase the quantity and quality of human capital. Innovation, after all, begins with people. Simply stimulating the “demand side” through R&D subsidies ...Read more...

Blog

LSE Blogs:

Contrary to the impression given by the Sewell Report, things for ethnic minorities in the UK labour market are not getting better

Using estimates from the Labour Force Survey, Alan Manning and Rebecca Rose fill in some of the gaps of the government's Sewell Report on race and ethnic disparities. Comparing disparities in pay, employment, and unemplo...Read more...

CEP discussion paper

The importance of capital in closing the entrepreneurial gender gap: a longitudinal study of lottery wins

Can capital constraints explain why there are more male than female entrepreneurs in most societies? We study this issue by exploiting longitudinal data on lottery winners. Comparing between large to small winners, we fi...Read more...

Blog

CVER Blogs:

Apprenticeships, the Levy and COVID-19

Examining the impact of these various changes to the apprenticeship system on recent enrolments, and then briefly describe the initial effects of the COVID-19 pandemic on apprenticeships....Read more...

CVER Research Paper

The impact of the Apprenticeship Levy on Apprenticeships and other training outcomes

Since April 2017, UK employers with an annual pay bill above £3 million have contributed to the Apprenticeship Levy. In this paper we use a matched firm-learner dataset to explore changes in apprenticeship and other trai...Read more...

CEP discussion paper

Take the highway? Paved roads and well-being in Africa

Public Goods aim to improve individual welfare. We investigate the causal consequences of roads on well-being in 24 African countries, instrumenting paved roads by 19th Century hypothetical lines between major ports and ...Read more...

CEP discussion paper

Opening up military innovation: causal effects of 'bottom-up' reforms to U.S. defense research

When investing in research and development (R&D), institutions must decide whether to take a top-down approach – soliciting a particular technology – or a bottom-up approach in which innovators suggest ideas. This paper ...Read more...

CEP discussion paper

Remote talks: changes to economics seminars during Covid-19

This paper documents the changing nature of seminars in economics organized by institutions worldwide during the COVID-19 pandemic. The number of seminars held decreased by approximately 20 percent. The composition of se...Read more...

CEP discussion paper

Cities and the sea level

Construction on low elevation coastal zones is risky for both residents and taxpayers who bail them out, especially when sea levels are rising. We study this construction using spatially disaggregated data on the US Atla...Read more...

Blog

LSE Blogs:

Beyond income inequality: factoring in non-monetary rewards

While many researchers, policy makers, and interest groups are concerned with income inequality and its impact on society, much of the debate has focused on inequality in wages. In contrast, relatively little work has ad...Read more...

Blog

Economics Observatory:

Ethnic minorities and the UK labour market: are things getting better?

Alan Manning and Rebecca Rose compare disparities in pay, employment and unemployment among different ethnic groups in the UK finding that there has been little change over the past 25 years. Indeed, for black, Pakistani...Read more...

Blog

Economics Observatory:

A year in the UK labour market: what's happened over the coronavirus pandemic?

Jonathan Wadsworth explains how the performance of the UK labour market during Covid-19 shows that the most notable effects of a downturn caused by restrictions on mobility are the more dynamic aspects: falls in hours, h...Read more...

CEP discussion paper

Does growing up in a recession increase compassion? The case of attitudes towards immigration

Macroeconomic conditions during young adulthood have a persistent impact on people's attitudes and preferences. The seminal paper by Giuliano and Spilimbergo (2014) shows that people who grew up in a recession are more l...Read more...

CEP discussion paper

Trends in intergenerational home ownership and wealth transmission

Prior research on trends in intergenerational mobility in economic status has focused chiefly on income and earnings. There is hardly any research on trends in intergenerational wealth transmission, at least in part beca...Read more...