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Author: Sushil B. Wadhwani

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CEP discussion paper
The Great Stagnation: What Can Policymakers Do?

Although the economic recovery in the UK has been disappointing, it is inappropriate to either assert that Japan?s two lost decades illustrate the ineffectiveness of stimulative monetary policy or that the UK is predesti...Read more...

Sushil B. Wadhwani

19 April 2013

CentrePiece article
In brief... The future of finance

A new CEP report says that the financial system has become far more complicated than it need to be - and dangerously unstable too...Read more...

Peter Boone, C Goodhart, Andrew Haldane, Simon Johnson, John Kay, Andrew Large, Richard Layard, Andrew Smithers, A Turner, Sushil B. Wadhwani, Martin Wolf and Paul Woolley

November 2010

Book
The Future of Finance
The LSE Report

This book presents a novel approach to the reform of the world’s financial system, starting with the basic question, what is a financial system for? It shows that the existing system has become far more complic...Read more...

Adair Turner, Richard Layard, Peter Boone, Charles Goodhart, Andrew Haldane, Simon Johnson, John Kay, Andrew Large, Andrew Smithers, Sushil Wadhwani, Martin Wolf and Paul Woolley

1 September 2010

CentrePiece article
In the long term...

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Sushil B. Wadhwani

February 2002

CEP discussion paper
Wages, Unions, Insiders and Product Market Power

This paper analyses time series data on some 800 British manufacturing companies to address various questions concerning the role of insiders and market power in wage determination. The following are the important result...Read more...

Stephen Nickell, J Vainiomaki and Sushil B. Wadhwani

May 1992

CEP discussion paper
Productivity Growth in UK Companies

The main empirical conclusion of this paper are: (i) Higher levels of debt are associated with increases in both the level and the growth rate of productivity (ii) Increases in market share are associated with falls in t...Read more...

Stephen Nickell, Sushil B. Wadhwani and M Wall

March 1991

CEP discussion paper
The Effects of Changes in a Firm's Product Market Power on Wages

Using firm-level panel data, this paper argues that increases in a firm's market share or a rise in the industry concentration ratio both serve to increase wages. On these estimates, actual changes in the 'product mark...Read more...

J Vainiomaki and Sushil B. Wadhwani

February 1991