Results

Blog

Vox EU:

Detecting institutional change as it unfolds: Evidence from 120 years of reporting

Explaining comparative economic development requires identifying the causes of institutional change. This column uses AI to analyse 120 years of newspaper coverage and produce a new index of uncertainty about a country's...Read more...

Journal article

World Development:

Virtuous outcomes of instrumental intentions? The case of Uruguay?s 1996 constitutional reform

In December 1996 a national referendum approved a constitutional reform that introduced substantial changes to Uruguay?s electoral system. We argue that this reform was proposed by Uruguay?s establishment parties to prev...Read more...

CEP discussion paper

The social spillovers of homeownership: evidence from institutional investors

We provide novel evidence on the social spillovers of homeownership by exploiting the recent rise of institutional investors purchasing single-family homes and converting them into permanent rentals. Using a granular dif...Read more...

CEP discussion paper

Paternity leave in Spain

Between 2017 and 2021, Spain progressively extended paternity leave from 2 to 16 weeks, equalizing it with maternity leave and introducing mandatory weeks. A 2018 reform also allowed fathers to split their leave. Using a...Read more...

Journal article

Journal of Human Resources:

Fiscal and education spillovers from charter school expansion

Do charter schools drain resources and high-achieving peers from noncharter schools? We provide new evidence on the fiscal and educational consequences of charter expansion for noncharter students in Massachusetts, which...Read more...

Journal article

Parliamentary Affairs :

Activation and co-optation: The strategic adoption of compulsory voting in Western Europe

Why was compulsory voting (CV) adopted in a moment when the Left was mobilized and enfranchisement was extended? We answer this apparent paradox by developing an argument explaining that making voting mandatory, in fact,...Read more...

Blog

Vox EU:

Rethinking pension reform: A new CEPR eBook

Population ageing is exerting unprecedented fiscal pressure on social security systems around the world. In response, many governments are implementing or planning pension reforms, often aimed at encouraging later retire...Read more...

Blog

LSE Politics and Policy:

Labour's planning reforms - how to make housing targets work

Labour promised serious reforms to the planning system while in opposition. What it has proposed now that it's in Government, including reforms to the National Planning Policy Framework, is very far from a fundamental re...Read more...

Blog

LSE Politics and Policy:

Labour's planning reforms - building on grey belts and missed opportunities

Perhaps the proposal that people are most aware of when it comes to Labour's planning reform plans, the one that hit the headlines, is the idea of potentially re-defining small areas of green belts as "grey belt land". T...Read more...

Journal article

Urban Studies:

Unbundling tenure security and demand for property rights: evidence from urban Tanzania

Rapid urbanisation in sub-Saharan Africa occurs with little land registration, and government-led regularisation schemes often find limited uptake of title deeds by residents. In theory, there could be private and public...Read more...

CEP discussion paper

The erosion of homeownership and minority wealth

Since the Great Recession, the traditional path to wealth creation through home ownership has stalled and worsened for many minority households. One potential and largely unexplored driver of this trend is the growing pr...Read more...

CentrePiece article

In brief... What girls study influences their offspring's health at birth

Educational reform can have a powerful impact on people's health with benefits for the next generation. Pilar Cuevas-Ruiz, Cristina Borra and Almudena Sevilla show how....Read more...

CEP discussion paper

The causal impact of maternal educational curricula on infant health at birth

We provide the first causal evidence of the returns to maternal educational curricula on offspring's health at birth. Educational programs that aim to deliver more general knowledge may potentially improve women's earnin...Read more...

Blog

LSE British Politics and Policy:

Education's biggest challenge is ensuring consistency in what is being done across the system, within each school, and within each classroom

Lee Elliot Major and Andy Eyles write that when it comes to education reform, it is not so much what you do that counts, but how you do it. Policies need to be implemented well to make a difference and delivery needs to ...Read more...

Journal article

Journal of International Business Studies:

Multinationals, innovation, and institutional context: IPR protection and distance effects

We characterize the knowledge production process whereby the inventive capabilities of the firm generate innovation output in highly inventive multinational enterprises (MNEs). We explore the sensitivity of this relation...Read more...

Journal article

Journal of Housing Economics:

Housing in Europe: a different continent ? a continent of differences

This article provides the introduction to the special issue on `Housing in Europe: a different continent ? a continent of differences? in the Journal of Housing Economics in 2018. Europe is a large continent with a long ...Read more...

CEP discussion paper

The generation gap in direct democracy

We provide the first systematic documentation and analysis of a generation gap in direct democracy outcomes across a wide range of topics using postelection survey data covering more than 300 Swiss referenda and four dec...Read more...

Journal article

Labour Economics:

Larrikin youth: crime and Queensland's earning or learning reform

This paper analyses the impact of the introduction of an Earning or Learning reform on youth crime in Queensland, Australia. The 2006 reform increased learning and reduced earning as school participation rose post-reform...Read more...

CEP discussion paper

It's time to learn: understanding the differences in returns to instruction time

As hours per day are inherently a limited resource, increasing daily instruction time reduces the amount of time pupils can dedicate to other activities outside school. We study how the effect of longer school days on ac...Read more...

CEP discussion paper

Can raising instructional time crowd out student pro-social behaviour? Unintended consequences of a German high school reform

We study whether raising instructional time can crowd out student pro-social behaviour. To this end, we exploit a large educational reform in Germany that has raised weekly instructional hours for high school students by...Read more...

Journal article

Journal of Technology Transfer:

Academic inventors: collaboration and proximity with industry

This paper addresses a number of fundamental research questions on university-industry (U-I) collaborations. Are U-I collaborations intrinsically different from other forms of collaboration, such as inter-firm or inter-u...Read more...

CEP discussion paper

What?s in a name? Expectations, heuristics and choice during a period of radical school reform

Education policy worldwide has sought to incentivize school improvement and facilitate pupil-school matching by introducing reforms that promote autonomy and choice. Understanding the way in which families form preferenc...Read more...

Journal article

Journal of Comparative Economics:

Lower coverage but stronger unions? Institutional changes and union wage premia in Central Europe

In this paper we use the national samples from the European Structure of Earnings Survey (ESES) to analyze the evolution of the wage premium of firm- and industry-level agreements in the Czech Republic, Hungary, and Pola...Read more...

Journal article

Labour Economics:

School reforms and pupil performance

The relationship between school reforms, specifically those involving the introduction of new school types, and pupil performance is studied. The particular context is the introduction of academy schools in England, but ...Read more...

Journal article

The Scandinavian Journal of Economics:

Valuing school quality via a school choice reform

Among policymakers, educators, and economists, there remains a strong debate on the extent to which good schools matter. In this paper, we estimate school quality valuations based upon house prices, by considering a poli...Read more...

CentrePiece article

After communism: 25 years of revolution

A quarter of a century after the transition to a capitalist economy began, how are the nations of the former Soviet bloc faring? Peter Boone charts the failures of communism, the chaos that followed its collapse, the per...Read more...

CentrePiece article

Free to choose? The impact of healthcare reform

Has the introduction of greater choice and competition in healthcare in England led to improved outcomes for patients? The authors assess changes in the quality of care that hospitals provided for cardiac surgery patient...Read more...

CEP discussion paper

Free to Choose? Reform and Demand Response in the English National Health Service

The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service to assess the impact of relaxing constraints on patient choice. We estimate a demand model to evaluat...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...

CEE/Education and skills discussion paper

Are England?s Academies More Inclusive or More `Exclusive?? The Impact of Institutional Change on the Pupil Profile of Schools

In 2002 the former Labour government launched the Academies Programme of school improvement. This scheme has targeted entrenched issues of pupil underachievement within state secondary schools located in deprived areas, ...Read more...

CEE/Education and skills discussion paper

Length of Compulsory Education and Voter Turnout - Evidence from a Staged Reform

In this study, a long-term impact of additional schooling at the lower end of the educational distribution is measured on voter turnout. Schooling is instrumented with a staged Norwegian school reform, which increased mi...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 occasional paper

The impact of policy change on job retention and advancement

This paper examines the impact of the Working Families Tax Credit (WFTC) on employment retention and advancement. The WFTC, which replaced Family Credit in October 1999, supplemented earnings of low paid workers living i...Read more...

CEP discussion paper

Labor Market Reforms, Job Instability, and the Flexibility of the Employment Relationship

We endogenize separation in a search model of the labor market and allow for bargaining over the continuation of employment relationships following productivity shocks to take place under asymmetric information. In such ...Read more...

CEP discussion paper

Policy Uncertainty and Precautionary Savings

In 1997 Chancellor Kohl proposed a major pension reform: he pushed the law through Parliament explaining that the German PAYG system had become unsustainable. One limitation of the new law - one that is crucial for our i...Read more...

CEE/Education and skills discussion paper

A Researcher's Guide to the Swedish Compulsory School Reform

When studying different types of returns to education, educational reforms are commonly used in the economics literature as a source of exogenous variation in education. The Swedish compulsory school reform is one exampl...Read more...

CEP occasional paper

Lisbon five years later. What future for European employment and growth?

At the Lisbon summit of 2000 the European Union (EU) set an agenda for making Europe the most competitive economy in the world. The targets that were set then are unlikely to be achieved. European countries need to conce...Read more...