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Comment, analysis, and debate by CEP researchers on today's economic and social policy issues.

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Richard Layard on his life in public service and his pioneering research on happiness - podcast

Richard Layard joins Orley Ashenfelter on podcast 'The Work Goes On', to talk about his life in public service, his advocacy on behalf of the unemployed, and his pioneering research on happiness, life satisfaction, and mental health. Read more...
Image: Wind farm by Tyler Casey https://unsplash.com/photos/ficbiwfOPSo
Can Europe be a green innovation leader?

Europe is punching below its weight in the climate-technology competition. The continent needs to facilitate risk capital markets and invest more in research and development. Read more...

Latest Blogs and podcasts

Blog
Vox EU:
The labour market in Ukraine: Rebuild better

Rebuilding Ukraine will require emergency measures that address the effects of war alongside structural reforms that address pre-existing political and economic issues. Giacomo Anastasia, Tito Boeri, Marianna Kudlyak and...Read more...

Giacomo Anastasia, Tito Boeri, Marianna Kudlyak and Oleksandr Zholud

26 January 2023

Blog
Economics Observatory:
How might changes in student visa provision affect UK immigration levels?

Net migration to the UK has reached record highs. International students are included in the immigration statistics and the government has implied it may seek to limit their future numbers. More research is needed to des...Read more...

Alan Manning

26 January 2023

Blog
LSE British Politics and Policy:
Striking a balance on student migration to the UK

Net migration into the UK was 504,000 between June 2021 and June 2022, far higher than the previous record of 330,00. While the single biggest factor behind the rise in net migration was the new visas open to Ukrainians ...Read more...

Alan Manning

24 January 2023

Blog
Vox EU:
Commute time savings when working from home

The large shift to work from home during the Covid-19 pandemic reduced the amount of time that workers spend commuting. This column reports on a global survey of workers in 27 countries showing that working from home sav...Read more...

Cevat Giray Aksoy, Jose Maria Barrero, Nicholas Bloom, Steven J. Davis, Mathias Dolls and Pablo Zarate

24 January 2023

Blog
Vox EU:
Robot adoption, worker-firm sorting, and wage inequality: Evidence from administrative panel data

Technological progress has contributed to rising wage inequality in recent decades. Automation and digitalisation increasingly require workers with specialised knowledge for specific tasks, say Ester Faia, Gianmarco Otta...Read more...

Ester Faia, Gianmarco I. P. Ottaviano and Saverio Spinella

23 January 2023

Blog
The Conversation:
Pay inequality is high in South Africa: bosses are part of the problem

South Africa is one of the most unequal countries in the world. This income inequality is mostly due to high unemployment and large differences in wages. In South Africa today, economists and policy-makers typically foc...Read more...

Ihsaan Bassier

19 January 2023

Blog
FRBSF Economic Letter:
Supply Chain Disruptions, Trade Costs, and Labor Markets

Global supply chain disruptions due to the Covid-19 pandemic have increased the costs of trade between countries. Given the interconnectedness of the US economy with the rest of the world, higher trade costs can have imp...Read more...

Andres Rodriguez-Clare, Mauricio Ulate and Jose P Vasquez

19 January 2023

Blog
LSE Business Review:
UTOPIA and the City: the future of work in financial and professional services

In the midst of a reorganisation of work caused by the pandemic, there is no one-size-fits-all arrangement and employers are battling to find the right mix between office and home working. To learn more about how to get ...Read more...

Yolanda Blavo, Grace Lordan and Jasmine Virhia

19 January 2023

Blog
ProMarket:
A New Framework for Better Industrial Policies

Chiara Criscuolo and Guy Lalanne provide a new, conceptual framework for better industrial policy, considering topical areas such as clean energy, Covid-19, and performance of key business sectors....Read more...

Chiara Criscuolo and Guy Lalanne

17 January 2023

Blog
NHS England:
What's in a name? NHS Talking Therapies for Anxiety and Depression - the new name for IAPT services

Improving Access to Psychological Therapy (IAPT) services are being renamed as NHS Talking Therapies for Anxiety and Depression, following a public consultation. Professor David M Clark and Dr Adrian Whittington reflect ...Read more...

David M. Clark and Adrian Whittington

16 January 2023

Blog
LSE EUROPP:
Why political trust and voluntary compliance have been key to government pandemic responsiveness in Europe

The effectiveness of policy responses to Covid-19 has varied substantially across Europe. Drawing on new research, Timothy Besley and Christopher Dann illustrate how political trust and voluntary compliance have underpin...Read more...

Timothy Besley and Christopher Dann

13 January 2023

Blog
The Work Goes On:
Richard Layard on his life in public service and his pioneering research on happiness (podcast)

Richard Layard joins Orley Ashenfelter on podcast 'The Work Goes On', to talk about his life in public service, his advocacy on behalf of the unemployed, and his pioneering research on happiness, life satisfaction, and m...Read more...

Orley Ashenfelter and Richard Layard

8 January 2023

Blog
LSE Business Review:
Courage and leadership in 2023

The new economy we are entering into demands a high level of innovation that cannot be achieved by alpha leaders. Grace Lordan writes that successful leadership will require a lot of courage to do things differently, in ...Read more...

Grace Lordan

4 January 2023

Blog
Vox EU:
The family consequences of job insecurity: Fertility and marriage

Fertility rates have fallen sharply in OECD countries over the last 60 years, a drop mirrored in diminished employment protection over the same period. This column asks whether this greater job insecurity has contributed...Read more...

Andrew E. Clark, Conchita D'Ambrosio and Anthony Lepinteur

3 January 2023

Blog
Vox EU:
Unequal education and the 'Great Gatsby Curve'

In modern economies, people's livelihoods are based in large part on skills acquired through education. Unequal education therefore drives both inequality in the labour market and low social mobility across generations. ...Read more...

Jo Blanden, Matthias Doepke and Jan Stuhler

20 December 2022

Blog
Vox EU:
Responsible sourcing: Theory and evidence from Costa Rica

There is growing pressure on multinational enterprises to implement 'responsible sourcing' requirements for their suppliers in low- and middle-income countries. These include minimum standards on working conditions, such...Read more...

Alonso Alfaro-Urena, Benjamin Faber, Cecile Gaubert, Isabela Manelici and Jose P Vasquez

20 December 2022

Blog
Vox EU:
Tracking uncertainty in a rapidly changing global economic outlook

Tracking uncertainty at a high frequency is useful in the context of the multiple shocks that have hit the global economy over the past years and to disentangle the sources of uncertainty. This column presents a new mont...Read more...

Hites Ahir, Nicholas Bloom and Davide Furceri

17 December 2022

Blog
LSE British Politics and Policy:
Investments Zones can drive innovation if we learn from past mistakes

A key part of the previous government's plan for growth and currently being reformulated, Investment Zones have for decades been a policy aimed at delivering regional economic development, or levelling-up. Drawing on evi...Read more...

Max Herbertson and Neil Lee

13 December 2022

Blog
Vox EU:
Firm inflation expectations in quantitative and text data

Inflation rates and short-term inflation expectations in the UK have increased significantly since 2021. This column uses quantitative and text data from the Decision Maker Panel to analyse the factors affecting inflatio...Read more...

Nicholas Bloom, Philip Bunn, Paul Mizen, Gregory Thwaites, Ivan Yotzov and Özgen Öztürk

8 December 2022

Blog
CVER Blog:
The Recent Evolution of Apprenticeships

While the number of apprenticeship starts in England has reduced dramatically in recent years, policy changes have likely improved their average quality. Chiara Cavaglia, Sandra McNally and Gu Ventura discuss the evoluti...Read more...

Chiara Cavaglia, Sandra McNally and Guglielmo Ventura

8 December 2022

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