Results

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

Economics & Human Biology:

Loneliness during the Covid-19 pandemic: evidence from five European countries

We use quarterly panel data from the COME-HERE survey covering five European countries to analyse three facets of the experience of loneliness during the COVID-19 pandemic. First, in terms of prevalence, loneliness peake...Read more...

CEP report

Absence and attainment: Evidence from pandemic policy

A high level of school absence has persisted across many countries since the COVID-19 pandemic. We use English data to investigate whether a student's absence during the pandemic had a causal impact on school attendance...Read more...

Journal article

Journal of Sports Economics:

Was Covid-19 a game changer for the Tokyo and Beijing Olympics?

No, it was not. We do not find evidence that the COVID-19 pandemic affected the distribution of medals in a systematic way. Countries that suffered a higher share of deaths due to the pandemic, or that imposed stricter l...Read more...

Chapter

Income inequality before, during, and after the transition in central and eastern Europe

in The Oxford Handbook of Post-Socialist Economies

This chapter explores the income inequality in Central and Eastern Europe before, during, and after the transition. It argues that the fall of communism and the transition to a market economy in Eastern Europe were landm...Read more...

CEP Covid-19 analysis

The self-employment trap?

The seventh LSE-CEP survey of the self-employed was undertaken in June 2023. The results revealed that the self-employed are still in the doldrums and their incomes and activity have not resumed to pre-pandemic levels. T...Read more...

CEP discussion paper

Dealing with adversity: religiosity or science? Evidence from the great influenza pandemic

How do societies respond to adversity? After a negative shock, separate strands of research document either an increase in religiosity or a boost in innovation efforts. In this paper, we show that both reactions can occu...Read more...

CEP discussion paper

Evaluating merger effects

This paper proposes a new algorithm with which to identify the potential effect of mergers by comparing the outcomes of interest in areas of overlap for the merging parties vis-a-vis areas of no overlap within a differen...Read more...

Journal article

Journal of Operations Management:

Working from home and firm resilience to the Covid-19 pandemic

The COVID-19 pandemic has disrupted firms' operations. To cope with the crisis, many firms have allowed their employees to work from home (WFH). We examine whether a firm's WFH capacity has increased its resilience durin...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

China Economic Review:

Compensating for academic loss: online learning and student performance during the Covid-19 pandemic

The COVID-19 pandemic has led to widespread school shutdowns, with many continuing distance education via online-learning platforms. We here estimate the causal effects of online education on student exam performance usi...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

Revista do Servico Publico:

Lockdown 101: managing economic lockdowns in an epidemic

Countries worldwide have implemented lockdown measures to contain the covid-19 pandemic. After more than three months of restrictions to economic activities in many countries, the question has turned to the best ways to ...Read more...

CVER Briefing Note

What future for apprenticeships after coronavirus?

The Covid-19 pandemic outbreak and the ensuing economic uncertainty caused interruptions to apprenticeship training. This is putting the future of apprenticeships at risk just at the time when they will be most needed ...Read more...

CVER Research Paper

Socio-economic inequality and academic match among post-compulsory education participants

The study investigates the impact of socioeconomic background on the academic match of students in post-compulsory upper-secondary education making use of detailed individual-level linked administrative data from schools...Read more...

Journal article

The Journal of Industrial Economics:

The impact of maximum markup regulation on prices

Markup regulation is a common, yet understudied type of regulation. We analyze the repeal of maximum wholesale and retail markup regulation in an oligopolistic and vertically nonintegrated market. By comparing the prices...Read more...

Government consultation

CVER Submission to Economic Affairs Committee - Economics of higher, further and technical education inquiry

Read more...

CEP election analysis

Education and Skills: The UK Policy Agenda

The UK?s overall school budget has been protected in real terms but does not provide for funding per pupil to increase in line with inflation. Because pupil numbers are increasing, large falls in expenditure per pupil ar...Read more...

Journal article

National Institute Economic Review:

Post-compulsory education in England: choices and implications

Most students do not follow the `academic track? (i.e. A-levels) after leaving school and only about a third of students go to university before the age of 20. Yet progression routes for the majority that do not take thi...Read more...

Journal article

Journal of Human Capital:

Student awareness of costs and benefits of educational decisions: effects of an information campaign

Many students appear to leave full-time education too soon, despite the possibility of high returns from further investment in their education. One contributory factor may be insufficient information about the potential ...Read more...

CentrePiece article

Regulatory reform in Greece: the benefits of removing maximum mark-ups

Regulations that impose maximum mark-ups are intended to protect consumers from firms exercising market power. But a study by Christos Genakos and colleagues suggests that they can have the opposite effect: when Greece l...Read more...

CEP discussion paper

Integrated estimates of capital stocks and services for the United Kingdom: 1950-2013

This paper presents annual estimates of fixed capital stocks and capital services for the United Kingdom, 1950-2013, for the whole economy and for the market sector. Our estimates cover eight asset types (structures, mac...Read more...

CEP election analysis

Paying for Higher Education

The UK Higher Education sector has changed radically as a result of Coalition Policies ? most obviously through the dramatic increase in the tuition fee cap from #3,375 to #9,000 per year. However, the greatest issue ari...Read more...

CEP discussion paper

The impact of maximum markup regulation on prices

Markup regulation is a common yet understudied type of regulation. We analyze the repeal of maximum wholesale and retail markup regulation in an oligopolistic and vertically non-integrated market. By comparing the prices...Read more...

CEE/Education and skills discussion paper

From Grants to Loans and Fees: The Demand for Post-Compulsory Education in England and Wales from 1955 to 2008

The UK has progressively moved from a Higher Education (HE) system which is funded at the tax payers? expense to one which is funded by individual participants (and their parents) by scrapping student grants, introducing...Read more...

Journal article

Journal of Public Economics:

The long-term effects of job search requirements: evidence from the UK JSA reform

This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform of 1996, which implied a major increase in job search requirements for eligibility and in the related ...Read more...

CEP discussion paper

Rates of Return and Alternative Measures of Capital Input: 14 Countries and 10 Branches, 1971-2005

We employ the EU KLEMS database to estimate the real rate of return to capital in 14 countries (11 in the EU, three outside the EU) in 10 branches of the market economy plus the market economy as a whole. Our measure of ...Read more...

CEP discussion paper

What Are the Long-Term Effects of UI? Evidence from the UK JSA Reform

This paper investigates long-term returns from unemployment compensation, exploiting variation from the UK JSA reform of 1996, which implied a major increase in job search requirements for eligibility and in the related ...Read more...

CEP discussion paper

Ex Post Versus Ex Ante Measures of the User Cost of Capital

When doing growth accounting, should we use ex post or ex ante measures of user costs to calculate the contribution of capital? The answer, based on a simple model of temporary equilibrium, is that ex post is better in t...Read more...