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LSE Politics and Policy:

Better unemployment benefits could boost productivity and growth

The UK's job seeker's allowance for those who lose their job is much lower than the OECD average. Aadya Bahl argues that improving unemployment support is key not just for protecting workers but also for unlocking econom...Read more...

CEP discussion paper

Gender, careers and peers' gender mix

We use Italian Social Security data to study how the gender composition of a worker's professional network influences their career development. By exploiting variation within firms, occupations, and labor market entry co...Read more...

CEP discussion paper

Making the invisible hand visible: managers and the allocation of workers to jobs

Why do managers matter for firm performance? This paper provides evidence of the critical role of managers in matching workers to jobs within the firm using the universe of personnel records from a large multinational fi...Read more...

Journal article

B.E. Journal of Economic Analysis and Policy:

Charging for higher education: estimating the impact on inequality and student outcomes

Over the last two decades, undergraduate university education in England moved from being state-funded and free for students, to costing all students substantial amounts in tuition fees. In this paper, using detailed adm...Read more...

CentrePiece article

Higher education funding reforms in England

Reforms in higher education funding, which have taken England from offering free-of-charge, full-time undergraduate studies to being one of the most expensive systems in the OECD, have led to a reduction in the participa...Read more...

Journal article

Quarterly Journal of Economics:

Transparency and deliberation within the FOMC: a computational linguistics approach

How does transparency, a key feature of central bank design, affect monetary policy makers' deliberations? Theory predicts a positive discipline effect and negative conformity effect. We empirically explore these effects...Read more...

CEP discussion paper

Higher education funding reforms: a comprehensive analysis of educational and labour market outcomes in England

This paper investigates the impact of changes in the funding of higher education in England on students? choices and outcomes. Over the last two decades ? through three major reforms in 1998, 2006 and 2012 ? undergraduat...Read more...

CentrePiece article

In brief... Career opportunities

Students? decisions about their education can be improved by providing them with more information, according to a report by Sandra McNally, which surveys the latest evidence on what advice is on offer and what works. She...Read more...

CEP discussion paper

All-star or benchwarmer? Relative age, cohort size and career success in the NHL

We analyze the performance outcomes of National Hockey League (NHL) players over 18 seasons (1990-1991 to 2007-2008) as a function of the demographic conditions into which they were born. We have three main findings. Fir...Read more...

CentrePiece article

The dilemma of central bank transparency

If central banks publish the transcripts of their internal policy debates, will discussions be enhanced or inhibited? Michael McMahon and colleagues use tools from computational linguistics to analyse the positive and ne...Read more...

CEP discussion paper

Transparency and deliberation within the FOMC: a computational linguistics approach

How does transparency, a key feature of central bank design, affect the deliberation of monetary policymakers? We exploit a natural experiment in the Federal Open Market Committee in 1993 together with computational ling...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Urban Escalators and Inter-regional Elevators: The Difference that Location, Mobility and Sectoral Specialisation make to Occupational Progression

This paper uses evidence from the (British) Longitudinal Study to examine the influence on occupational advancement of the city-region of residence (an escalator effect) and of relocation between city-regions (an elevato...Read more...

SERC/Urban and Spatial Programme Discussion Paper

How Far Do England?s Second-Order Cities Emulate London as Human-Capital `Escalators??

In the urban resurgence accompanying the growth of the knowledge economy, second-order cities appear to be losing out to the principal city, especially where the latter is much larger and benefits from substantially grea...Read more...

CentrePiece article

In brief... Two cheers for Anglo-Saxon financial markets?

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nes...Read more...

CEP discussion paper

Innovation and institutional ownership

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nes...Read more...

CEP discussion paper

The Early Career Gender Wage Gap

In Finland the gender wage gap increases significantly during the first 10 years after labor market entry accounting most of the life-time increase in the gender wage gap. This paper focuses on the early career gender wa...Read more...

CEP discussion paper

Publicity of Debate and the Incentive to Dissent: Evidence from the US Federal Reserve

When central banks are transparent about their decision making, there may be clear benefits in terms of credibility, policy effectiveness, and improved democratic accountability. While recent literature has focused on al...Read more...