Results

CentrePiece article

Return innovation: how migration shapes diffusion of new technologies

Novel products, processes and technologies are important drivers of economic growth. Davide Coluccia and Gaia Dossi show how migrants from Britain to the United States in the late 19th and early 20th century not only too...Read more...

CEP discussion paper

Return innovation: the knowledge spillovers of the British migration to the United States, 1870-1940

This paper documents that out-migration promotes the diffusion of innovation from the country of destination to the country of origin of migrants. Between 1870 and 1940, nearly four million British immigrants settled in ...Read more...

Journal article

Economics of Education: An Introductory Textbook:

Gender gaps in education

International data stubbornly show that boys perform worse than girls in school and that women continue to be under-represented in university and professional careers related to STEM disciplines (Science, Technology, Eng...Read more...

Journal article

American Economic Journal: Microeconomics:

Technology transfer in global value chains

Global value chains create opportunities for North-South technology diffusion. This paper studies technology transfer in value chains when contracts are incomplete and input production technologies are imperfectly exclud...Read more...

Blog

What Works Centre for Local Economic Growth:

Understanding crowding out, displacement, and leakage

Will Brett-Harding discusses what to consider regarding crowding out, displacement and leakage, when thinking about local economic growth policies....Read more...

CEP discussion paper

Charity in the time of austerity: in search of the 'Big Society'

The years after the election of the UK's coalition government in 2010 saw a decline in central funding to local government and a fall in expenditure on a range of local services, including social services. These cuts wer...Read more...

Blog

What Works Centre for Local Economic Growth:

Lessons from a robust evaluation of the UK's Eat Out to Help Out scheme

Eat Out to Help Out had a limited effect on footfall and recruitment. Supporting businesses in any context (Covid-19, energy crisis, etc.) needs consideration of effective mechanisms for encouraging programme take-up and...Read more...

Journal article

Journal of International Economics:

The price of development: The Penn?Balassa?Samuelson effect revisited

The Penn?Balassa?Samuelson effect is the stylized fact about the positive correlation between cross-country price level and per-capita income. This paper provides evidence that the price?income relation is actually non-l...Read more...

Journal article

Labour Economics:

Mental health and education decisions

Mental health problems have been rising internationally. The link between poor mental health and low educational outcomes is particularly interesting in the case of the UK which has a low international ranking both on me...Read more...

CentrePiece article

Overseas students: the impact on domestic student numbers

The rapid influx of international students into UK universities over the past two decades has expanded the number of places available for domestic postgraduates, according to research by Stephen Machin and Richard Murphy...Read more...

CEP discussion paper

Paying out and crowding out? The globalisation of higher education

We investigate the rapid influx of overseas students into UK higher education and the impact on the number of domestic students. Using administrative data since 1994/5, we find no evidence of crowd out of domestic underg...Read more...

CEE/Education and skills discussion paper

Mental Health and Education Decisions

Mental health problems - and depression in particular - have been rising internationally. The link between poor mental health and poor educational outcomes is particularly interesting in the case of the UK which has a lo...Read more...

CEP discussion paper

Depression Econometrics: A FAVAR Model of Monetary Policy During the Great Depression

The prominent role of monetary policy in the U.S. interwar depression has been conventional wisdom since Friedman and Schwartz (1963). This paper presents evidence on both the surprise and the systematic components of mo...Read more...

CEP discussion paper

The Cost of Grade Retention

This paper uses administrative longitudinal micro data on the universe of Junior High school students in Uruguay to measure the effect of grade failure on students' subsequent school outcomes. Exploiting the discontinuit...Read more...

CEP discussion paper

Does the Underground Economy Hold Back Financial Deepening? Evidence from the Italian Credit Market

The paper investigates the relationship between underground activities and financial deepening. The access to external finance requires entrepreneurs to disclose credible information through formal documentation. This re...Read more...