Results

CEP occasional paper

CEP wellbeing coefficient database

Wellbeing cost-benefit analysis requires credible estimates of how much specific life circumstances change subjective wellbeing. This paper documents and contextualises a compendium of 123 such estimates, drawn from 19 d...Read more...

CEP discussion paper

The broken ladder: AI, remote work, and early-career hiring

Is generative AI replacing junior workers? A growing literature answers yes, citing large declines in early-career hiring concentrated in GenAI-exposed occupations. We argue that this verdict is premature because GenAI e...Read more...

CEP discussion paper

Criminal career trajectories

This study analyzes criminal career trajectories using a unique administrative dataset of 230,578 individuals arrested and over 620,000 criminal offenses recorded by Greater Manchester Police between 2008 and 2019. Movin...Read more...

Journal article

Strategy Science:

Strategic confusopoly: evidence from the UK mobile telecommunications market

Can entire markets strategically confuse consumers to raise market prices? Using a detailed data set covering virtually all mobile phone tariffs and their handsets in the United Kingdom between January 2010 and September...Read more...

Journal article

Research Policy:

Mapping digital businesses with big data: some early findings from the UK

Governments around the world want to develop their ICT industries. Researchers and policymakers thus need a clear picture of digital businesses, but conventional datasets and typologies tend to lag real-world change. We ...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...

Journal article

American Economic Review:

Monopsony and employer misoptimization explain why wages bunch at round numbers

We show that administrative hourly wage data exhibit considerable bunching at round numbers. We run two experiments randomizing wages around $0.10 and $1.00 to experimentally measure left-digit bias for identical tasks o...Read more...

Journal article

Social Science & Medicine:

Passing on the flame: Do mega sports events promote health behaviours?

To justify billion-dollar public expenditures on mega sports events, proponents often suggest lasting improvements in health behaviours among the general public. To estimate the returns to health behaviours from hosting ...Read more...

Chapter

WELLBY

in Elgar Encyclopedia of Behavioural and Experimental Economics

The WELLBY is a measure of individual subjective wellbeing, as judged by individuals themselves, capturing both the quality of life and the length of life. We outline its use for measuring social progress and for social ...Read more...

Journal article

American Economic Review:

Five facts about MPCs: evidence from a randomized experiment

We present five facts from an experiment on the marginal propensity to consume (MPC) out of transitory transfers: (1) the one-month MPC on a cash-like transfer is 23 percent; (2) it is substantially higher (61 percent) o...Read more...

Journal article

The Review of Economics and Statistics:

Happy to help: welfare effects of a nationwide volunteering programme

We study the wellbeing returns from volunteering in England's National Health Service (NHS) Volunteer Responders, set up in response to Covid-19. Using linked survey and administrative data, we exploit the oversubscripti...Read more...

CEP discussion paper

New venture creation: innovativeness, speed-to-breakeven and revenue tradeoffs

We present a Schumpeterian growth model with new venture creation, under uncertainty, which explains the tradeoff between speed-to-breakeven, revenue-at-breakeven and relates this to the level of innovation. We then expl...Read more...

CEP discussion paper

Valuing consumption services as technology transforms accessibility: Evidence from Beijing

Home delivery reduced the value of cities as locations to access variety in durable consumption goods. Food delivery services (FDS) are doing the same for restaurants. Home-streaming of sports or home-delivered restauran...Read more...

Journal article

Journal of Urban Economics:

The economic impacts of the UK's eat out to help out scheme

We evaluate the economic impacts of the UK's Eat Out to Help Out (EOTHO) scheme on the food service sector. EOTHO was introduced during the COVID pandemic to stimulate demand by subsidizing the cost of eating out, with a...Read more...

Journal article

Review of World Economics:

Curse or blessing? multinational corporations and labor market outcomes in Africa

Do multinational enterprises create local job opportunities in developing countries? We address this question in the context of Sub-Saharan Africa by combining information on domestic and foreign multinationals? affiliat...Read more...

Journal article

The Economic Journal:

Personnel management and school productivity: evidence from India

This paper uses new data to study school management and productivity in India. We report five main results. First, management quality in public schools is low, and -2 standard deviations below high-income countries with ...Read more...

CEP discussion paper

Fantastic beasts and where to find them

Fantastic beasts are magical creatures that cannot be seen unless one looks for them with the eye of the wizard, but that still play a significant role in the world. The fantastic beasts we hunt and find in the present p...Read more...

Journal article

Journal of the European Economic Association :

Formation of college plans: expected returns, preferences and adjustment process

We exploit a large exogenous shock to study the formation, and updating, of educational plans, and to examine how these plans ultimately impact later educational attainment. Using novel, longitudinal, microdata on cohort...Read more...

CEP discussion paper

Talking therapy: Impacts of a nationwide mental health service in England

Mental health problems impose significant costs, yet healthcare systems of-ten overlook them. We provide the first causal evidence on the effectiveness of a nationwide-scaled mental health service in England for treating...Read more...

CentrePiece article

How much is your time worth?

Wages indicate how much people want for their time at work, but how can we find out what value they place on time spent doing other things? Christian Krekel and George MacKerron analyse over two million responses to a sm...Read more...

Journal article

American Economic Journal: Economic Policy :

Local retail prices, product variety, and neighborhood change

We study how local grocery markets within a city are affected by changes in housing markets. Our empirical strategy exploits a shift in the spatial distribution of construction activity induced by a large-scale, place-ba...Read more...

CEP discussion paper

Estimating the longevity of electric vehicles: what do 300 million MOT test results tell us?

Knowing how long the average vehicle remains roadworthy before being scrapped is a crucial input into life cycle assessment (LCA) and total cost of ownership (TCO) studies of different vehicle powertrains. This study lev...Read more...

Journal article

American Economic Review :

The impact of regulation on innovation

We present a framework that can be used to assess the equilibrium impact of regulation on endogenous innovation with heterogeneous firms. We implement this model using French firm-level panel data, where there is a sharp...Read more...

Journal article

Fiscal Studies:

New approaches to measuring welfare

Economics has traditionally understood 'welfare' (what makes a life go well) as the satisfaction of preference. This conceptualisation of welfare is typically measured using revealed preferences, proxied through income a...Read more...

CEP discussion paper

Back to Edgeworth? Estimating the value of time using hedonic experiences

Following early economist Francis Y. Edgeworth's proposal to measure people's hedonic experiences as they go about their daily lives, we use a smartphone app that surveyed a panel of 30; 928 individuals UK-wide over seve...Read more...

Journal article

AEA Papers and Proceedings:

The local labor market effects of modern manufacturing capital: evidence from France

Using an event study methodology and comprehensive micro data from the French manufacturing sector, we analyze the local labor market effects of investments in modern manufacturing capital, including modern automation te...Read more...

Journal article

Journal of Economic Behavior and Organization :

Should bads be inflicted all at once, like Machiavelli said? Evidence from life-satisfaction data

Is wellbeing, measured by life satisfaction, higher if the same number of negative events is spread out rather than bunched in time? Is it better if positive events are spread out or bunched? We answer these questions em...Read more...

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...

CEP discussion paper

The spillover effect of services offshoring on local labour markets

I provide new empirical evidence on the direct and indirect impact of services off-shoring on local employment and wages, using a unique dataset on firms in the UK for the period 2000-2015. Exploiting variation in firms'...Read more...

CVER Research Paper

On Track to Success? Returns to vocational education against different alternatives

Many countries consider expanding vocational curricula in secondary education to boost skills and labour market outcomes among non-university-bound students. However, critics fear this could divert other students from mo...Read more...

Journal article

The Economic Journal:

Teacher effectiveness and classroom composition: understanding match effects in the classroom

This paper provides evidence of match effects in the teacher labour market by considering how teacher effectiveness varies by classroom composition. We combine random assignment of teachers with rich measures of teaching...Read more...

CEP discussion paper

The economic impacts of the UK's eat out to help out scheme

We evaluate the economic impacts of the UK's Eat Out to Help Out (EOTHO) scheme on the food service sector. EOTHO subsidised the cost of eating out, with a 50% discount Mondays to Wednesdays in August 2020. We exploit th...Read more...

Journal article

Nature Communications:

The effect of Covid certificates on vaccine uptake, health outcomes, and the economy

In the COVID-19 pandemic many countries required COVID certificates, proving vaccination, recovery, or a recent negative test, to access public and private venues. We estimate their effect on vaccine uptake for France, G...Read more...

Journal article

Land Economics:

Urban land use fragmentation and human wellbeing

We study how land use fragmentation affects the life satisfaction of city dwellers. To this end, we calculate fragmentation metrics based on exact geographical coordinates of land use from the European Urban Atlas and of...Read more...

Journal article

Energy Economics:

Power outages and firm performance: a hydro-IV approach for a single electricity grid

We estimate the impact of power outages on firm performance using a hydro-instrumental variable strategy which integrates a river flow with a hydropower generation model and an electricity-grid-based distance interpolati...Read more...

CentrePiece article

Happy to help: NHS volunteering in Covid-19 times

The Covid-19 crisis prompted thousands to register as NHS Volunteer Responders, helping vulnerable people with small daily tasks like shopping. Christian Krekel and colleagues find big increases in wellbeing among those ...Read more...

Journal article

Oxford Review of Economic Policy:

Education and management practices

The empirical management literature has found that the education of both managers and the workforce more generally appears to be an important driver of better management practices. This article sets out how such relation...Read more...

Blog

LSE Covid-19:

Happy to help: how a UK micro-volunteering programme increased people's wellbeing

Levels of wellbeing increased significantly for individuals who participated in the NHS Volunteer Responders (NHSVR) programme, with effects lasting months after the volunteering period had ended, write Paul Dolan, Chris...Read more...

CEP discussion paper

Happy to help: welfare effects of a nationwide volunteering programme

We study the wellbeing benefits from volunteering in England's National Health Service (NHS) Volunteer Responders programme, which was set up in response to the Covid-19 pandemic. Using combined survey and administrative...Read more...

Journal article

The Lancet Public Health :

Policy stringency and mental health during the Covid-19 pandemic: a longitudinal analysis of data from 15 countries

To date, public health policies implemented during the COVID-19 pandemic have been evaluated on the basis of their ability to reduce transmission and minimise economic harm. We aimed to assess the association between COV...Read more...

Journal article

The Quarterly Journal of Economics:

O brother, where start thou? Sibling spillovers on college and major choice in four countries

Family and social networks are widely believed to influence important life decisions, but causal identification of those effects is notoriously challenging. Using data from Chile, Croatia, Sweden, and the United States, ...Read more...

CEP discussion paper

Maternal depression and child human capital: a genetic instrumental-variable approach

We here address the causal relationship between maternal depression and child human capital using UK cohort data. We exploit the conditionally-exogenous variation in mothers? genomes in an instrumental-variable approach,...Read more...

CEP discussion paper

Quantifying the externalities of renewable energy plants using wellbeing data: the case of biogas

Although there is strong support for renewable energy plants, they are often met with local resistance. We quantify the externalities of renewable energy plants using well-being data. We focus on the example of biogas, o...Read more...

Journal article

Economic Policy:

School choice during a period of radical school reform. Evidence from academy conversion in England

We study how demand responds to the rebranding of existing state schools as autonomous 'academies' in the context of a radical and large-scale reform to the English education system. The academy programme encouraged scho...Read more...

Journal article

Oxford Review of Economic Policy:

What is the meaning of (statistical) life? Benefit-cost analysis in the time of Covid-19

Efforts to support public policy decisions need to be conducted carefully and thoughtfully. Recent efforts to estimate the social benefits of reductions in mortality risks associated with COVID-19 interventions are likel...Read more...

CEP occasional paper

When to release the lockdown: a wellbeing framework for analysing costs and benefits

In choosing when to end the lockdown, policy-makers have to balance the impact of the decision upon incomes, unemployment, mental health, public confidence and many other factors, as well as (of course) upon the number o...Read more...

CEP discussion paper

Machiavelli versus concave utility functions: should bads be spread out or concentrated?

Is wellbeing higher if the same number of negative events is spread out rather than bunched in time? Should positive events be spread out or bunched? We answer these questions exploiting quarterly data on six positive an...Read more...

Journal article

Regional Studies:

Creative differences? Measuring creative economy employment in the United States and the UK

This paper compares the creative economies of the US and the UK regions and nations using high-quality administrative microdata spanning the period 2011?13. The creative industries are highly urbanized in both countries....Read more...

Journal article

The Economic Journal:

Merger policy in a quantitative model of international trade

In a two-country international trade model with oligopolistic competition, we study the conditions on market structure and trade costs under which a merger policy designed to benefit domestic consumers is either too toug...Read more...

Journal article

Quarterly Journal of Economics:

Measuring aggregate price indices with taste shocks: theory and evidence for CES preferences

We develop an approach to measuring the cost of living for CES preferences that treats demand shocks as taste shocks that are equivalent to price shocks. In the presence of relative taste shocks, the Sato-Vartia price in...Read more...

CVER Research Paper

Peer Effects and Social Influence in Post-16 Educational Choice

This paper investigates the impact of peers' ability on an individual's post-compulsory educational choices in terms of whether they select an academic route or a vocational route. In order to overcome the common problem...Read more...

Journal article

Economics of Transportation:

Quantifying wider economic impacts of agglomeration for transport appraisal: existing evidence and future directions

The Authors This paper is concerned with the Wider Economic Impacts (WEIs) of transport improvements that arise via scale economies of agglomeration. It reviews the background theory and empirical evidence on agglomerati...Read more...

CentrePiece article

Employee wellbeing: the impact on productivity and firm performance

Does having happier staff mean higher productivity and improvements in companies' bottom line? A study of over 1.8 million employees across 73 countries by Christian Krekel, George Ward and Jan-Emmanuel De Neve detects a...Read more...

Journal article

The Quarterly Journal of Economics:

Who becomes an inventor in America? The importance of exposure to innovation

We characterize the factors that determine who becomes an inventor in the United States, focusing on the role of inventive ability (?nature?) versus environment (?nurture?). Using deidentified data on 1.2 million invento...Read more...

Journal article

Journal of Urban Economics:

The economic effects of density: a synthesis

This paper synthesises the state of knowledge on the economic effects of density. We consider 347 estimates of density elasticities of a broad range of outcomes ranging from wages, innovation, rents, various amenities, t...Read more...

Journal article

Journal of Business and Economic Statistics:

Poorly measured confounders are more useful on the left than on the right

Researchers frequently test identifying assumptions in regression based research designs (which include e.g. instrumental variables or differences-in-differences models) by adding additional control variables on the righ...Read more...

CEP discussion paper

Employee wellbeing, productivity and firm performance

Does higher employee wellbeing lead to higher productivity, and, ultimately, to tangible benefits to the bottom line of businesses? We survey the evidence and study this question in a meta-analysis of 339 independent res...Read more...

Journal article

Journal of Political Economy:

Monopolistic competition and optimum product diversity under firm heterogeneity

Empirical work has drawn attention to the high degree of productivity differences within industries and their role in resource allocation. This paper examines the allocational efficiency of such markets. Productivity dif...Read more...

Journal article

Journal of International Economics:

The interconnections between services and goods trade at the firm-level

In this paper we study how international trade in goods and services interact at the firm level. Using a rich dataset on Belgian firms for the period 1995?2005, we show that: i) firms are much more likely to source servi...Read more...

Journal article

The Lancet:

Transparency about the outcomes of mental health services (IAPT approach): an analysis of public data

Background: Internationally, the clinical outcomes of routine mental health services are rarely recorded or reported; however, an exception is the English Improving Access to Psychological Therapies (IAPT) service, which...Read more...

Journal article

Economics of Education Review:

The threat of competition and public school performance: evidence from Poland

Theoretical literature on whether school competition raises public school productivity is ambiguous (e.g. MacLeod & Urquiola, 2015) and empirical evidence is mixed (e.g. Hsieh and Urquiola, 2006). Moreover, competition m...Read more...

CVER Research Paper

The causal effect of secondary school peers on educational aspirations

This paper uses data from the Longitudinal Study of Young People in England (LSYPE) to investigate how the educational aspirations of secondary school pupils in Year 9 (at age 14) and in Year 11 (at age 16) are influence...Read more...

CEP discussion paper

Quantifying wider economic impacts of agglomeration for transport appraisal: existing evidence and future directions

This paper is concerned with the Wider Economic Impacts (WEIs) of transport improvements that arise via scale economies of agglomeration. It reviews the background theory and empirical evidence on agglomeration, explains...Read more...

CEP discussion paper

Poorly measured confounders are more useful on the left than on the right

Researchers frequently test identifying assumptions in regression based research designs (which include instrumental variables or difference-in-differences models) by adding additional control variables on the right hand...Read more...

CEP discussion paper

The interconnections between services and goods trade at the firm-level

In this paper we study how international trade in goods and services interact at the firm level. Using a rich dataset on Belgian firms during the period 1995-2005, we show that: i) firms are much more likely to source se...Read more...

CVER Research Paper

Peer Effects and Social Influence in Post-16 Educational Choice

This paper investigates whether the educational choices that young people make after the completion of their GCSEs (at age 16) are influenced by their peers. More specifically, it takes advantage of the variation in peer...Read more...

CentrePiece article

The labour market impact of refugee waves

Recent research has challenged the consensus that sudden inflows of refugees have little or no impact on natives? wages and employment, claiming instead that there are uniformly large detrimental effects on natives witho...Read more...

Journal article

The World Bank Economic Review:

On minimizing the risk of bias in randomized controlled trials in economics

Estimation of empirical relationships is prone to bias. Economists have carefully studied sources of bias in structural and quasi-experimental approaches, but the randomized control trial (RCT) has only begun to receive ...Read more...

Journal article

Labour Economics:

Returning to returns: revisiting the British education evidence

We revisit the question of what is the rate of return to education in Great Britain. We make two contributions. Firstly, we re-assess the robustness of Harmon and Walker (1995), Oreopoulos (2006) and Devereux and Hart (2...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Decomposing the Impact of Immigration on House Prices

An inflow of immigrants into a region impacts house prices in three ways. For a fixed level of local population, housing demand rises due to the increase in foreign-born population. In addition, immigrants can influence ...Read more...

Journal article

The World Economy:

Service trade and occupational tasks: an empirical investigation

Using microdata for Belgium, we investigate the relationship between changes in the task content of production and the rise in the number of service exporters. We show that occupational tasks changes display an extremely...Read more...

CEP discussion paper

The labor market effects of refugee waves: reconciling conflicting results

An influential strand of research has tested for the effects of immigration on natives? wages and employment using exogenous refugee supply shocks as natural experiments. Several studies have reached conflicting conclusi...Read more...

Journal article

Journal of Health Economics:

Retirement blues

This paper analyses the short- and longer-term effects of retirement on mental health in ten European countries. It exploits thresholds created by state pension ages in an individual-fixed effects instrumental-variable s...Read more...

SERC/Urban and Spatial Programme Discussion Paper

The Compact City in Empirical Research: A Quantitative Literature Review

The `compact city? is one of the most prominent concepts to have emerged in the global urban policy debate, though it is difficult to ascertain to what extent its theorised positive outcomes can be substantiated by evide...Read more...

Journal article

Journal of Environmental Economics and Management:

Does the presence of wind turbines have negative externalities for people in their surroundings? Evidence from well-being data

Throughout the world, governments foster the deployment of wind power to mitigate negative externalities of conventional electricity generation, notably CO2 emissions. Wind turbines, however, are not free of externalitie...Read more...

Journal article

The Economic Journal:

Longitudinal evidence for a midlife nadir in human well-being: results from four data sets

There is a large amount of cross-sectional evidence for a midlife low in the life cycle of human happiness and well-being (a `U shape?). Yet no genuinely longitudinal inquiry has uncovered evidence for a U-shaped pattern...Read more...

SERC/Urban and Spatial Programme Discussion Paper

The Economic Effects of Density: A Synthesis

This paper synthesises the state of knowledge on the economic effects of density. We consider 15 outcome categories and 202 estimates of density elasticities from 102 studies. More than 50% of these estimates have not be...Read more...

Journal article

Environment and Planning A:

Ethnic diversity and business performance: Which firms? Which cities?

A growing literature examines how ethnic diversity influences economic outcomes in cities and inside firms. However, firm?city interactions remain more or less unexplored. Ethnic diversity may help firm performance by in...Read more...

External report

Measuring wellbeing and cost-effectiveness analysis

The measuring wellbeing series consists of discussion papers and how-to guides. This publication is a discussion paper. Why ignite discussion about measuring wellbeing? In our role as an independent collaborating centre...Read more...

Journal article

Journal of Social Policy:

Educational inequality, educational expansion and intergenerational mobility

The distribution of education by social background and the mobility prospects of society are intimately connected. To begin to predict future trends in mobility in the UK we bring together evidence on educational inequal...Read more...

Journal article

The Economic Journal:

Tariffs, trade and productivity: a quantitative evaluation of heterogeneous firm models

We examine the quantitative predictions of heterogeneous firm in the context of the Canada?US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity and compare the...Read more...

Journal article

Applied Research in Quality of Life:

Estimating the mental health effects of social isolation

It is frequently hypothesized that feelings of social isolation are detrimental for an individual?s mental health, however standard statistical models cannot estimate this effect due to reverse causality between the inde...Read more...

Journal article

Science:

Inequality in mortality decreased among the young while increasing for older adults, 1990-2010

Many recent studies point to increasing inequality in mortality in the United States over the past 20 years. These studies often use mortality rates in middle and old age. We used poverty level rankings of groups of U.S....Read more...

Journal article

Oxford Economic Papers:

Graduate returns, degree class premia and higher education expansion in the UK

We investigate the extent to which graduate returns vary according to the class of degree achieved by UK university students, and examine changes over time in estimated degree class premia. Using a variety of complementa...Read more...

Journal article

Scientometrics:

Patent citation indicators: one size fits all?

The number of citations that a patent receives is considered an important indicator of the quality and impact of the patent. However, a variety of methods and data sources can be used to calculate this measure. This pape...Read more...

Journal article

Ecological Economics:

The greener, the happier? The effect of urban land use on residential well-being

We investigate the effect of urban land use on residential well-being in major German cities, using panel data from the German Socio-Economic Panel and cross-section data from the European Urban Atlas. We reduce concerns...Read more...

Journal article

The World Bank Economic Review:

The political economy of trade policy: gone for good? Subsidies with export share requirements in China: 2002-13

This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm environment. A two-country general equilibrium version of the model with a single 100% ESR is calibrated using ...Read more...

CEP occasional paper

Mapping information economy businesses with big data: findings for the UK

Governments around the world want to develop their ICT and digital industries. Policymakers thus need a clear sense of the size and characteristics of digital businesses, but this is hard to do with conventional datasets...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Spatial Methods

This paper is concerned with methods for analysing spatial data. After initial discussion on the nature of spatial data, including the concept of randomness, we focus most of our attention on linear regression models tha...Read more...

SERC/Urban and Spatial Programme Discussion Paper

First-Come First-Served: Identifying the Demand Effect of Immigration Inflows on House Prices

An inflow of immigrants into a region affects house prices in three ways. In the short run, housing demand increases due to the increase in foreign-born population. In the long run, immigrants affect native location deci...Read more...

CentrePiece article

Lessons from the economics of crime

Olivier Marie explains the value of an economic approach to the analysis, design and evaluation of crime-fighting policies....Read more...

Book

Lessons from the Economics of Crime
What Reduces Offending?

Research from the United States, Europe, and South America demonstrates the usefulness of the tools of economic analysis for the study of crime. Economists who bring the tools of economic analysis to bear on the stu...Read more...

CEP discussion paper

A general method for valuing non-market goods using wellbeing data: three-stage wellbeing valuation

Subjective wellbeing data is becoming increasingly popular in economics research. The wellbeing valuation approach uses wellbeing data instead of data gleaned from preferences to attach monetary values to non-market good...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Urbanity

I define a composite amenity that provides aesthetic and consumption value to local residents: Urbanity. A novel data set of geo-tagged photos shared in internet communities serves as a proxy for urbanity. From the spati...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Access All Areas? The Impact of Fees and Background on Student Demand for Postgraduate Higher Education in the UK

This paper analyses participation in postgraduate higher education in the UK at the micro-level makes several contributions to the literature. Firstly, it describes trends in postgraduate participation in the UK. Secondl...Read more...

CEP discussion paper

The Enduring Impact of Childhood Experience on Mental Health: Evidence Using Instrumented Co-Twin Data

The question of whether there is a lasting effect of childhood experience on mental health has eluded causal measurement. We draw upon identical twin data and econometric instrumentation to provide an unbiased answer. We...Read more...

SERC/Urban and Spatial Programme Discussion Paper

External Benefits of Brownfield Redevelopment: An Applied Urban General Equilbirum Analysis

Does brownfield redevelopment warrant government support? We explore several external benefits in an urban general equilibrium framework. Preferences are modelled such that demand for housing units in the city is downwar...Read more...

CEP discussion paper

Change and Persistence in the German Model of Collective Bargaining and Worker Representation

This paper depicts and examines the decline in collective bargaining coverage in Germany. Using repeat cross-section and longitudinal data from the IAB Establishment Panel, we show the overwhelming importance of behavior...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Valuing Iconic Design: Frank Lloyd Wright Architecture in Oak Park, Illinois

This study investigates the willingness of homebuyers to pay for co-location with iconic architecture. Oak Park, Illinois was chosen as the study area given its unique claim of having 24 residential structures designed b...Read more...

SERC/Urban and Spatial Programme Discussion Paper

Tax Competition Among Local Governments: Evidence from a Property Tax Reform in Finland

This paper uses a Finnish policy intervention to study tax competition among local governments. Changes in the statutory lower limits to the property tax rates are used as a source of exogenous variation to estimate the ...Read more...