Results

External publication

World Happiness Report 2025

In this year's issue, we focus on the impact of caring and sharing on people's happiness. Like 'mercy' in Shakespeare's Merchant of Venice, caring is "twice-blessed" - it blesses those who give and those who receive. In ...Read more...

CEP discussion paper

Location choice when the number of jobs matters: Matching in spatial equilibrium

The idea that people want to go to where the jobs are is intuitive yet is absent from the standard quantitative spatial modelling approach in which location choices are guided by prices, without reference to quantities (...Read more...

CEP discussion paper

A theory of endogenous degrowth and environmental sustainability

We develop and quantify a growth theory where consumers' preferences are defined over products with varying environmental impacts. Preferences are non-homothetic: Necessities are intensive in material inputs whose produc...Read more...

CEP discussion paper

Cultural exception? The impact of price regulation on prices and variety in the market for books

Fixed book price (FBP) agreements are a form of resale price maintenance applied to books in various countries. FBP restricts retail price competition with the aim of promoting book production variety. Yet, despite its p...Read more...

Journal article

LSE Public Policy Review:

Explaining Variation in Child Penalties: The Role of Gender Norms and Policies

This paper contributes to understanding global variation in child and marriage penalties by focusing on the role of patriarchal control, gender norms, and public policies. We introduce a new measure of gender norms, the ...Read more...

Blog

MIT Sloan Management Review:

Reskilling the Workforce With AI: Harvard Business School's Raffaella Sadun (podcast)

Harvard Business School professor Raffaella Sadun's research has historically focused on digital reskilling. Now, rapid technological changes - like AI - are reshaping the nature of work. Raffaella's research has explore...Read more...

Blog

Vox EU:

Income, wealth, and environmental inequality in the US

Economic disparities have long been suspected to be a root cause of environmental inequality. But is this really the case? This column links data on income and wealth with data on air pollution exposure over 40 years to ...Read more...

Journal article

Psychological Medicine : Forthcoming

Cost-benefit of IAPT Norway and effects on work-related outcomes and health care utilization: results from a randomized controlled trial using registry-based data

Data from an RCT of IAPT Norway (“Prompt Mental Health Care” [PMHC]) were linked to several administrative registers up to five years following the intervention. The aims were to (1) examine the effects of PMHC compared ...Read more...

Blog

Vox EU:

The price of power: Why rising markups hurt innovation and widen inequality

Over the past four decades, the US has seen rising market power, slowing productivity growth, and deepening wealth inequality. This column explores how declining competition may be the common culprit. Weak competition le...Read more...

Journal article

The Review of Economics and Statistics : Forthcoming

The Value of Managers' Export Experience: Lessons from the Angolan Civil War

We investigate how managers help firms grow by entering a new export market. We conduct an event study on the decision to export to Angola using data on Portuguese firms and workers. We evaluate the impact of the presenc...Read more...

Blog

LSE Business Review:

Gender gaps are reduced in family-friendly workplaces

The arrival of children is one of the primary reasons for gender inequalities in the labour market. Anna Raute shares her findings on how firms can help alleviate gender gaps through family-friendly policies....Read more...

CEP discussion paper

Multinational networks and trade participation

This paper provides a new explanation for the dominance of multinational corporations (MNCs) in international trade: after being acquired by an MNC, firms face lower entry frictions in countries in which their global par...Read more...

CEP discussion paper

Multinational firms and global innovation

This paper provides an integrated analysis of multinational companies' global production and innovation. We establish novel stylized facts using rich data on the network of production affiliates and patent activity of Ge...Read more...

CEP discussion paper

Productivity, matchability and intermediation in production networks

This paper examines intermediation in production networks to unpack the firm attributes and matching costs that govern firm-to-firm networks and the gains from trade. Exploiting rich customs data for Chile, we show that ...Read more...

Blog

IMF Finance and Development magazine :

Innovation's Unseen Frontier

Notwithstanding Plato's 2,400-year-old proverb, necessity alone is not the mother of invention. It also requires opportunity. An individual's likelihood of becoming an innovator reflects parental background in terms of i...Read more...

Journal article

American Economic Review: Insights:

Induced Innovation, Inventors, and the Energy Transition

We study how individual inventors respond to incentives to work on “clean” electricity technologies. Using natural gas price variation, we estimate output and entry elasticities of inventors and measure the medium-term i...Read more...

Journal article

Journal of Applied Econometrics: Forthcoming

Unlocking New Methods to Estimate Country-specific Trade Costs and Trade Elasticities

We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage est...Read more...

External publication

International Trade: Issue 2

Over the last four decades, many developing countries initiated reforms that have lowered barriers to trade. Yet despite these reforms, developing countries still remain far less open than developed ones, both because of...Read more...

Blog

What works centre for local economic growth:

Do cities and regions gain from public sector relocation?

In this guest blog, Dr. Max Nathan, Henry Overman, Capucine Riom, and Maria Sanchez-Vidal set out evidence on the impact of BBC (partial) relocation to Salford on wider employment in the area. This blog was originally pu...Read more...

Book

Why Workplace Wellbeing Matters

...Read more...

CEP discussion paper

Evaluating the local economic impacts of transport projects and programmes (with an application to UK Local Major schemes)

We consider how existing distance-based and accessibility-based evaluation methodologies can be adapted to measure the local economic impact of small additions to the transport network. We use these methodologies to eval...Read more...

CEP discussion paper

Evaluating transport improvements in spatial equilibrium

The recent development of quantitative urban models provides a new set of tools for evaluating transport improvements. Conventional cost-benefit analyses are typically undertaken in partial equilibrium. In contrast, quan...Read more...

Blog

Academy of Social Sciences:

Policies to promote productivity and wage growth for less educated workers

In this piece, Professor Richard Blundell FAcSS, Professor Rachel Griffith FAcSS and Professor Sally McNally explore how improving educational outcomes for children growing up in deprivation, including social skills in t...Read more...

CEP discussion paper

Collective bargaining and monopsony: The regulation of noncompete agreements in France

Can collective bargaining mitigate monopsony power? This paper addresses this question by examining how the regulation of noncompete agreements for employees by collective agreements affects firm-level markdowns in the F...Read more...

Journal article

Canadian Journal of Economics: Forthcoming

Evaluating the Impact of Export Finance Support on Firm-level Export Performance: Evidence from Pakistan

This paper evaluates the impact of two large export finance support schemes on firm-level export performance. The Export Finance Scheme (EFS) and the Long-Term Finance Facility for Plant & Machinery (LTFF), provide loans...Read more...

Blog

LSE Euro PP:

A new measure of quality of life explains why people like living in bigger cities

People like to live in certain places, even when higher wages are on offer elsewhere. Gabriel Ahlfeldt, Fabian Bald, Duncan Roth and Tobias Seidel show that once you take into account people's preferences, large cities o...Read more...

CEP discussion paper

Labor market effects of global supply chain disruptions

We examine the labor market consequences of global supply chain disruptions. Specifically, we consider a temporary increase in international trade costs similar to the one observed during the COVID-19 pandemic and analyz...Read more...

Journal article

Journal of International Economics:

Technical change, jobs, and wages in the global economy

This paper presents a compact and intuitive framework that consolidates, simplifies, and extends results on the links between technology, trade, and labour market outcomes. It makes three main contributions. First, it pr...Read more...

Blog

LSE USA Politics and Policy:

The lasting impact of 9/11 on Muslim integration in America

With ongoing global debates on immigration, integration, and rising Islamophobia, understanding the long-term social impacts of historical events is more important than ever. Shadi Farahzadi studies the effects of the 9/...Read more...

CEP discussion paper

Firm climate investment: A glass half-full

We analyse the importance of climate-related investment using a large economy-wide survey of UK firms. Over half of firms expect climate change to have a positive impact on their investment in the medium term, with aroun...Read more...

Blog

What works centre for local economic growth:

Thinking through multipliers: small numbers, big value

Last week we held the second in our current series of breakfast briefing webinars - Thinking through multipliers: Learning from BBC relocation. The event focused on what multipliers are and why local growth policymakers ...Read more...

Blog

LSE Impact of Social Sciences:

The next innovation revolution should be democratisation

Innovators are most likely to be men from privileged backgrounds. Xavier Jaravel argues that democratisation and widening of access to innovative careers worldwide is key to boosting long-term growth and addressing today...Read more...

CentrePiece article

How Brexit affected the trade of UK firms

The UK left the EU’s single market and customs union at the start of 2021, entering into the Trade and Cooperation Agreement with the EU. Rebecca Freeman, Marco Garofalo, Enrico Longoni, Kalina Manova, Rebecca Mari, Thom...Read more...

CentrePiece article

in brief... Successful caps on fees disprove the idea that it’s unwise to meddle with free markets

Jan David Bakker and Nikhil Datta show how the success of a reform of letting agents’ fees was partly due to their hidden nature....Read more...

CentrePiece article

Revving up wages: How rising productivity has benefited car industry workers

Fast productivity growth in the UK car industry led to staff in the sector earning about 37% more than the average manufacturing employee by the 2010s. But Andreas Teichgraeber and Tim Obermeier show that while wages wen...Read more...

CentrePiece article

Daniel Kahneman: a legacy

The late Nobel laureate Daniel Kahneman had a long association with CEP. At an LSE event, Richard Layard, Gillian Tett and Paul Dolan discussed how his work influenced psychology, economics and society – and their experi...Read more...

CentrePiece article

The doctor will see you now: comparing online and in-person consultations

Online consultations with doctors are convenient for patients and produce similar health outcomes to in-person visits. But research by Amanda Dahlstrand, Nestor Le Nestour and Guy Michaels finds that deciding which patie...Read more...

CentrePiece article

How China’s rise has shaped innovation and exit among European solar firms

Should policymakers protect European firms by restricting imports of solar technology from China? Pia Andres finds that Chinese competition has resulted in many European firms going out of business, but it has also promp...Read more...

CentrePiece article

Property rights empower women inventors

Breakthrough innovations occurred when women obtained the right to reap economic rewards from their inventions. Ruveyda Nur Gozen shows how such inclusive policies are a critical driver of economic growth....Read more...

CEP discussion paper

Migration and innovation: The impact of East German investors on West Germany's technological development

We investigate the causal relationship between inventor migration and regional innovation in the context of the large-scale migration shock from East to West Germany between World War II and the construction of the Berli...Read more...

Blog

The We Society:

Improving social mobility through education and language with Lee Elliot Major (podcast)

Professor Lee Elliot Major joins Will Hutton to discuss the decline of social mobility in the UK and advocates for a broader understanding of systemic barriers, including arguing for a new approach towards language to im...Read more...

CEP discussion paper

Large-scale land acquisitions: Trees, trade and structural change

Large-scale land acquisitions are a key component of agricultural foreign direct investment. In 2023 alone, nearly 6% of the world's arable land was acquired globally. This paper examines their impact on agricultural pro...Read more...

Blog

LSE Business Review:

The confidence gap influencing who applies to top colleges and careers

Students' choice of which university and programme to apply to isn't a simple financial decision. There's more at stake in the decision than finance and information gaps. Behavioural constraints play an important role. C...Read more...

Blog

What works centre for local economic growth:

Effective devolution: why evidence and evaluation are key to success

Last week we held the first in our latest series of breakfast briefing webinars. This event focused on how local governments can prepare themselves to make the most of the devolution of local growth policy. Our remaining...Read more...

External publication

Foreign Direct Investment

Multinational enterprises are at the centre of policy debates in low- and middle-income countries. As some of the most productive and innovative firms in the world, which are at the core of global supply chains, multinat...Read more...

Blog

LSE Politics and Policy:

How to make Labour's National Wealth Fund work

Labour's plans for growth include the creation of a National Wealth Fund. A closer look at the proposals reveals that this is not like other Sovereign Wealth Funds, but is in fact more like a Green Investment Bank, meant...Read more...

CEP discussion paper

Market power, growth and wealth inequality

In recent decades, the United States has experienced a notable rise in markups, a slowdown in productivity growth, and an increase in wealth inequality. We present a framework that unifies these trends into a common driv...Read more...

Blog

LSE Politics and Policy:

Using people's feelings to value time

People hate wasting time commuting. But translating that into a monetary value to help government policy isn't that straightforward. Christian Krekel, George MacKerron and Iven Stead present a new method to put a value o...Read more...

Blog

Lives well lived:

Richard Layard: the science of wellbeing (podcast)

Richard Layard is a British Labour Economist, a member of the House of Lords, and co-editor of the World Happiness Report. Layard highlights the role of life satisfaction and wellbeing in government policy, and the impo...Read more...

Blog

Nada es Gratis:

The Economics of Education text: Gender Gaps in Education

International data stubbornly show that boys underperform and that girls are still underrepresented in university and career careers related to STEM (Science, Technology, Engineering and Mathematics) disciplines....Read more...

CEP report

Minimum wage effects: adjustment through labour market dynamics and alternative work arrangements

This report investigates the UK's 2016 National Living Wage (NLW) introduction, focusing on firm adjustment through labour market transitions and job contract amendments. The NLW boosted worker wages, and whilst there wa...Read more...

CEP discussion paper

What fueled the illicit opioid epidemic? New evidence from a takeover of white powder heroin markets

In recent years, the majority of drug overdose deaths in the U.S. have involved illicitly-produced opioids (primarily heroin and fentanyl), overtaking prescription opioids as the main driver of the opioid epidemic. In th...Read more...

Blog

LSE Business Review:

The benefits of elite education are more social than academic

From Oxbridge to Harvard and Yale, elite universities are a feature of many education systems. Andres Barrios Fernandez, Christopher Neilson and Seth Zimmerman write about the importance of the social circles created by ...Read more...

Journal article

Economics of Education Review:

De-tracking at the margin: How alternative secondary education pathways affect student attainment

This paper estimates how marginal increases in the flexibility of between-school tracking affect student attainment by exploiting the addition of non-selective ‘comprehensive schools’ and hybrid ‘vocational high schools’...Read more...

Journal article

European Economic Review:

Does the child penalty strike twice?

This paper compares the labor market trajectories of grandparents before and after the arrival of their first grandchild. We find gender gaps in earnings of 4 and 10 percent five and ten years, respectively, after the fi...Read more...

Journal article

Scottish Journal of Political Economy:

Parental time investments and instantaneous well-being in the United States

This study investigates the relationship between maternal education, child-care time, and well-being in the United States, with a particular focus on the role of societal norms. Highly educated mothers spend more time on...Read more...

Journal article

The Economic Journal:

Lobbying for Globalisation

Using detailed information from lobbying reports filed under the Lobbying Disclosure Act, we construct a unique dataset that allows us to identify which firms lobby on Free Trade Agreements (FTAs) negotiated by the Unite...Read more...

Journal article

Journal of the European Economic Association:

Labor Unions and the Electoral Consequences of Trade Liberalization

We show that the Brazilian trade liberalization in the early 1990s led to a permanent relative decline in the vote share of left-wing presidential candidates in the regions more affected by the tariff cuts. This happened...Read more...

Blog

Vox EU:

Technology spillovers, diffusion, and rivalry in firm networks

Quantifying technology adoption, spillovers, and diffusion across firms is crucial for understanding industry dynamics, and in turn countries' growth. This column combines firm-level input-output VAT data from Turkey wit...Read more...

CEP discussion paper

Paper tiger? Chinese science and home bias in citations

We investigate the phenomenon of home bias in scientific citations, where researchers disproportionately cite work from their own country. We develop a benchmark for expected citations based on the relative size of count...Read more...

Blog

Vox EU:

Distributional consumer price indices and the measurement of inequality

Differences in consumption patterns between lower- and higher-income households suggest the potential for inflation inequality, but evidence on the scale and drivers of this disparity remains scarce. This column uses 'di...Read more...

Journal article

The Economic Journal: Forthcoming

Judge Dread: Court severity, repossession risk and demand in mortgage and housing markets

We study the impact of borrower protection on mortgage and housing demand using variation in the likelihood that houses are repossessed coming from heterogeneity in preferences of local judges. We develop a framework tha...Read more...

CEP discussion paper

How effective are R&D tax incentives? Reconciling micro and macro evidence

Recent firm-level studies find R&D tax incentives to be much more effective at stimulating firms' R&D investment than what aggregate analyses indicate. Based on a distributed analysis of official R&D survey and administr...Read more...

CEP discussion paper

The effect of adult psychological therapies on employment and earnings: Evidence from England

People suffering from common mental disorders (CMD) such as depression and anxiety are more likely to be economically inactive. Psychological therapies are highly effective at treating CMDs but less is known about their ...Read more...

Journal article

Oxford Bulletin of Economics and Statistics :

Intangibles and Industry Concentration: A Cross-Country Analysis

This paper presents new evidence on the growing scale of large businesses in the United States, Japan and 11 European countries. It documents a broad increase in industry concentration across the majority of countries an...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...

Blog

Vox EU:

New approaches to measure (increasing) concentration in Europe

Concentration (the share of a market's output produced by its largest firms) is a key proxy for measuring market competition. This column introduces a cross-country dataset to measure concentration at the industry level ...Read more...

Journal article

Nature Energy:

The closing longevity gap between battery electric vehicles and internal combustion vehicles in Great Britain

Electric vehicles are increasingly being adopted in Great Britain and other parts of the world, driven by the perception that they offer a cost-effective alternative to internal combustion engine vehicles while reducing ...Read more...

Journal article

Review of Economics and Statistics : Forthcoming

Vacancy Duration and Wages

We estimate the elasticity of vacancy duration with respect to posted wages, using data from the near-universe of online job adverts in the United Kingdom. Our research design identifies duration elasticities by leveragi...Read more...

Blog

What works centre for economic growth:

English Devolution: new responsibilities, new challenges

Just before the Christmas holidays, the government published their eagerly awaited white paper on English Devolution. The resulting English Devolution Bill will usher in the biggest reorganisation of local government for...Read more...

Journal article

Brookings Papers on Economic Activity: Forthcoming

The Easterlin Paradox at 50

We use Gallup World Poll data from over 150 countries from 2009-2019 at both the individual and country levels to revisit the relationship between income and subjective wellbeing. Our inspiration is the paradox first pro...Read more...

Journal article

Management Science:

Cultural Homophily and Collaboration in Superstar Teams

One may reasonably think that cultural homophily, defined as the tendency to associate with others of similar culture, affects collaboration in multinational teams in general but not in superstar teams of professionals a...Read more...

Blog

Vox EU:

The evolution of gender in the labour market

Despite significant progress in closing the gender gap in earnings, work remains highly gendered, with women continuing to participate less in the workforce, work fewer hours, and face persistent wage disparities. This c...Read more...

CEP discussion paper

Is it possible to raise national happiness?

We revisit the famous Easterlin paradox by considering that life evaluation scales refer to a changing context, hence they are regularly reinterpreted. We propose a simple model of rescaling based on both retrospective a...Read more...

Blog

Vox EU:

What impact have trade sanctions had on Russia? (Podcast)

Recorded at the CEPR Paris Symposium. How effective have the trade sanctions imposed on Russia in 2022 been? Politically, they were comprehensive and quick. But anecdotal reporting has suggested that Russian firms that w...Read more...

Blog

Project Syndicate:

What AI Means for Growth and Jobs

While many commentators warn that AI will undermine employment and offer only modest productivity gains, empirical studies continue to suggest otherwise. With the right policies in place, the technology holds immense pot...Read more...

Blog

LSE Politics and Policy:

Trump's tariffs will put post-Brexit trade policy to the test

With Donald Trump's inauguration imminent, there are questions over the potential consequences of one of his signature policies: tariffs. While during the first Trump administration the UK wasn't too affected by the impo...Read more...

Journal article

Scientific Reports:

Machine learning in the prediction of human wellbeing

Subjective wellbeing data are increasingly used across the social sciences. Yet, despite the widespread use of such data, the predictive power of approaches commonly used to model wellbeing is only limited. In response, ...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...

CEP discussion paper

The evolution of gender in the labor market

This paper traces the evolution of the study of gender in the labor market, focusing on how academic thinking on this topic has evolved alongside real world developments in gender inequality from the 1980s to the present...Read more...

Journal article

Journal of Environmental Economics and Management: Forthcoming

Air pollution and innovation

If air pollution harms innovation - and therefore future productivity - existing assessments of its economic cost are incomplete. We estimate the effect of fine particulate matter concentration on inventive output in 977...Read more...

Blog

Vox EU:

Redirecting AI: Privacy regulation and the future of artificial intelligence

Some artificial intelligence technologies are more data intensive than others. This column examines how data privacy regulation shaped the trajectory of AI innovation across countries, looking at patent applications from...Read more...

Journal article

The Review of Economics and Statistics:

The Intellectual Spoils of War? Defense R&D, Productivity, and International Spillovers

We examine the impact of government funding for R&D—and defense-related R&D in particular—on privately conducted R&D, and its ultimate effect on productivity growth. We estimate longitudinal models that relate privately ...Read more...

Journal article

Journal of Human Resources:

Firm and Worker Responses to Extensions in Paid Maternity Leave

This paper investigates how firms and workers respond to a voluntary government-funded program increasing the duration of paid maternity leave from four to six months in Brazil. We show that larger, higher-paying, and mo...Read more...

Journal article

Economic Geography: Forthcoming

Don’t Shoot the Pianist: Creative firms, workers, and neighbourhood gentrification

We examine links between creative activity and gentrification at the neighbourhood level. These dynamics are both complex and important to understand. Artists may help ‘upgrade’ inexpensive neighbourhoods before being di...Read more...

Journal article

American Economic Journal: Economic Policy: Forthcoming

The Making of Civic Virtues: A School-Based Experiment in Three Countries

This paper shows that schools can foster the transmission of civic virtues by helping students to develop concrete, democratically chosen, collective projects. We draw on a RCT implemented in 200 middle schools in three ...Read more...

Journal article

American Economic Journal: Applied Economics:

Do Carbon Offsets Offset Carbon?

We develop and implement a new method for identifying wasted subsidies and use it to provide systematic evidence of the misallocation of carbon offsets in the Clean Development Mechanism - the world's largest carbon offs...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

Journal of Monetary Economics:

Labor market effects of global supply chain disruptions

We examine the labor market consequences of global supply chain disruptions. Specifically, we consider a temporary increase in international trade costs similar to the one observed during the COVID-19 pandemic and analyz...Read more...

Journal article

Journal of Political Economy:

College Attrition and the Dynamics of Information Revelation

We examine how informational frictions impact schooling and work outcomes by estimating a dynamic structural model where individuals face uncertainty about their academic ability and productivity, which determine their s...Read more...

Journal article

Journal of Public Economics:

The effect of feedback on student performance

This study examines the effect of scalable personalized feedback messages from professors on student performance in both synchronous and asynchronous classes, with a specific focus on first-generation students. We conduc...Read more...

Journal article

Research Policy:

Who stands on the shoulders of Chinese (Scientific) Giants? Evidence from chemistry

China’s rise in science has the potential to push forward the knowledge frontier, but mere production of knowledge does not guarantee that others are able to build on it. We ask whether chemistry research originating fro...Read more...

Blog

Vox EU:

Leveraging AI to navigate 'deglobalisation'

Trade wars, industrial policy, and myriad other supply chain disruptions have fast become the 'new normal'. Yet, given the highly opaque and complex nature of production processes, knowing how to navigate this rise of de...Read more...

Journal article

Review of International Economics: Forthcoming

Political Competition and the Strategic Adoption of Free Trade Agreements

I study how political competition affects the feasibility of free trade agreements (FTAs). I show that the possibility of political turnover creates strategic motivations for the formation of FTAs. Specifically, a govern...Read more...

Blog

Economics Observatory:

Do cities and regions gain from public sector relocation?

Moving public agencies out of London was a major plank of the levelling-up agenda. The effects on local economies seem smaller than hoped - and it's important to compare them with those of other tools of regional policy:...Read more...

Blog

LSE British Politics and Policy:

How Brexit affected the trade of UK firms

The UK left the EU's single market and customs union at the start of 2021, entering unto the Trade and Cooperation Agreement with the EU. Rebecca Freeman, Marco Garofalo, Enrico Longoni, Kalina Manova, Rebecca Mari, Thom...Read more...

CEP discussion paper

Deep integration and trade: UK firms in the wake of Brexit

How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK's exit from t...Read more...

Journal article

Industrial Relations:

Diversity and social capital within the workplace: Evidence from Britain

This article uses the British Workplace Employee Relations Survey to investigate the links between gender or ethnic diversity and workers' level of trust in managers or the extent of identity with the values and objectiv...Read more...

Blog

EGC Voices in Development:

Development Dialogue: How can emerging economies break free from the sidelines of global trade? (podcast)

This episode of Development Dialogues addresses how lower-income countries have engaged with global trade. How have their approaches to trade differed based on their underlying institutional and economic structure? What ...Read more...

Blog

Vox EU:

High moments for superstar exporters

Aggregate exports are highly concentrated in a small group of firms, which are generally more productive than other firms. This column shows that productivity shocks generate different responses of aggregate exports depe...Read more...