Results

Blog

LSE Business Review:

ChatGPT or Zoom - which broke the career ladder?

Entry-level hiring has fallen sharply across white-collar work. An emerging explanation has been that generative AI is to blame. Drawing on their new study of hundreds of millions of hires and job adverts, Peter John Lam...Read more...

CEP discussion paper

Female-targeted hiring subsidies, firm learning, and women?s employment

Women often struggle to re-enter employment after career breaks, possibly because employers are uncertain about their productivity. We study whether hiring subsidies help firms overcome this uncertainty and hire from thi...Read more...

CEP discussion paper

Is data privacy a losing game? Evidence from Apple's App Tracking Transparency (ATT) policy

We study the impact of Apple's App Tracking Transparency (ATT) policy, which requires apps to obtain explicit user permission before cross-app tracking, on the mobile gaming industry. Using SensorTower US data on the top...Read more...

Blog

The Economics Show with Soumaya Keynes (podcast):

Will AI solve the productivity puzzle? With Nick Bloom

Productivity has been a problem for the past 15 years. In developed countries, weak demand, a lack of competition and a paucity of new ideas have all been blamed. Could AI finally reverse that trend? Soumaya speaks to St...Read more...

Blog

Project Syndicate:

Silicon, Not Software, Will Decide the AI Race

The AI race is no longer just about building better models. As competition shifts from scientific discovery to deployment, success increasingly depends on computing power, advanced semiconductors, physical infrastructure...Read more...

Blog

LSE Management:

How America out-deindustrialised Europe

Despite the prevailing narrative of Western deindustrialisation as one of a rigid Europe and a dynamic America, Richard Baldwin, Saul Estrin, and Bob Hancke argue that the comparison of the EU with the US turns this narr...Read more...

Journal article

Journal of Industrial Economics:

Asymmetric pass-through and competition

We study the retail price pass-through of four major tax changes in petroleum products using daily pricing data from gas stations on small Greek islands. We find that (i) the pass-through of the tax hikes is five times h...Read more...

CEP occasional paper

UK national productivity trends: getting the data right

We compare standard productivity estimates of UK output per worker derived from the Labour Force Survey (LFS) with newly released estimates based on more reliable "Real Time Information" (RTI) administrative data. LFS-ba...Read more...

Blog

Polytechnique Insights:

Europe is falling behind, can it pick up the pace when it comes to innovation?

Philippe Aghion writes for Polytechnique Insights on how Europe must prepare its own AI strategy if it wishes to make up ground lost to the U.S. in terms of GDP per capita, productivity and disruptive innovations....Read more...

CentrePiece article

Working from home in the public sector

Study finds workers work faster when they work from home...Read more...

Journal article

Review of Economics and Statistics:

Managing export complexity: the role of service outsourcing

As manufacturing firms expand globally, business services such as advertising and legal support become essential for entering new markets. Exploiting exogenous demand shocks, we document that French manufacturers increas...Read more...

Blog

LSE Business Review:

Brexit shows how firms react when restrictions are placed on the way they reach customers

Brexit changed how British firms could sell services in the European Union. By studying how companies reacted, Holger Breinlich and Martina Magli show that many implemented workarounds, such as setting up affiliates abro...Read more...

Blog

LSE Impact:

The lack of women at the top of the academic ladder is driven by unequal childcare responsibilities

Motherhood, and the unequal childcare responsibilities that follow, explain a large share of the observed gender gap in academic employment. Sofie Cairo, Ria Ivandic, Anne Sophie Lassen and Valentina Tartari find that th...Read more...

Journal article

American Economic Review:

Leaders in social movements: evidence from unions in Myanmar

Social movements are catalysts for crucial institutional changes. To succeed, they must coordinate members' views (consensus building) and actions (mobilization). We study union leaders within Myanmar's burgeoning labor ...Read more...

CEP discussion paper

Counting the costs: a quantitative assessment of Brexit?s effect on UK regional economies

This paper examines the implications of the EU-UK Trade and Cooperation Agreement (TCA) using a dynamic spatial general equilibrium model. Unlike previous studies that primarily projected potential impacts of Brexit base...Read more...

CEP discussion paper

Mind the break-up: when policy disrupts firms' supply chains

This paper examines how policy-induced supply-chain shocks affect firms? performances, using the UK-EU Trade and Cooperation Agreement (TCA) as a source of exogenous variation. Using UK microdata on firm-level goods and ...Read more...

Chapter

Advancing gender equality in parenting: the remaining challenge

in The Routledge International Handbook of Time Use Themes and Applications

The roles of men and women in the labour market have been converging in recent decades, but studies have shown that women are devoting more time to childcare, widening the gender gap in this area. Using data from the UK ...Read more...

CEP discussion paper

The civil war reduced slave owners' economic power but increased their political influence

Did Southern elites? economic losses from abolition translate into diminished political influence? Using novel census-linked data on state lawmakers across four slave owning and two Northern states (1850?1880), we docume...Read more...

Blog

Federal Reserve Bank of Atlanta:

How Much Are Firms Spending on AI (and What Will Happen to Headcounts)?

Nicholas Bloom and his co-authors investigate AI adoption in firms to understand how much companies are spending on AI and what the impact will be on the composition of their workforces....Read more...

Blog

University of Oxford:

Expert Comment: The firms racing to replace people with AI will be the first to fall

Jan-Emmanuel De Neve, Professor of Economics and Behavioural Science at Oxford's Sa??d Business School and CEP Associate, argues that companies racing to replace staff with AI risk hollowing out their own future....Read more...

Blog

Transform work:

Transform work with Raffaella Sadun, Professor of Business Administration at Harvard Business School (podcast)

Raffaella's work sits at the intersection of economics, leadership, and the future of work. Drawing on large-scale data and real-world field experiments inside major companies, she explores how hybrid work is reshaping l...Read more...

CEP discussion paper

Minimum wages and the nature of work

When minimum wage increases impose a cost shock on employers of low wage workers, there are a variety of ways in which firms can adjust. Rather than study the main focal point of much minimum wage research, possible labo...Read more...

Blog

The Conversation UK:

Electric vehicles pass tipping point, breaking the link with oil prices

When the Strait of Hormuz first closed in March and oil hit US$120 a barrel, a very old question came back: is this finally the moment electric vehicles take off for good - or just another false start? EVs have been here...Read more...

Journal article

The Economic Journal:

Train to opportunity: the effect of infrastructure on intergenerational mobility

Can transport infrastructure expand long-term labour opportunities and weaken the occupational link between parents and children? We estimate the causal effect of railway access on occupational attainment and intergenera...Read more...

Blog

Vox EU:

When and why political leaders polarise rhetoric: Evidence from Twitter/X

Standard theories of electoral competition predict that politicians should converge toward the centre as elections approach. This column challenges this prediction, using 3.4 million tweets from 367 political leaders acr...Read more...

CEP discussion paper

Technology spillovers, diffusion and rivalry in firm networks

We examine how upstream firms' technology adoption affects the performance and adoption decisions of downstream partners. Using business-to-business data with administrative records on advanced technology adoption, we fi...Read more...

CEP discussion paper

The economics of tariffs

A central insight from neoclassical economics is that international trade operates like an improvement in production technology. It generates mutual aggregate welfare gains for countries as a whole, but creates winners a...Read more...

Journal article

American Economic Journal: Economic Policy:

Sweeping up gangs: the effects of tough-on-crime policies from a network approach

Globally, gang proliferation is fought primarily through sweeps. This paper uses a difference-in-differences strategy to examine their causal impact on crime for arrested individuals and their peers. Analysis focuses on ...Read more...

Blog

IFS Zooms in:

Is the minimum wage costing jobs? (podcast)

Alan Manning joins host Helen Miller and Eduin Latimer, both of the IFS, to unpack what we do and don't know about the minimum wage. They look at the evidence on employment effects, the knock-on impacts on pay compressio...Read more...

CEP discussion paper

Restructuring a police force

This paper studies how consolidating organisational boundaries affects public service outcomes when resources do not adjust. We examine the Metropolitan Police Service's 2017-2018 reform that merged 32 Borough Operationa...Read more...

CEP report

Road to recovery: Self-employed on the mend?

The eighth LSE-CEP survey of the self-employed shows weekly hours of the self-employed are now seeing some signs of recovery, compared with the last data collection in June 2023. The positive increase in work hours is tr...Read more...

CEP discussion paper

Gangs of London and public housing

Novel spatial data on London street gangs between 1990 and 2015 are combined with local housing characteristics to produce a newly constructed data source that shows how social housing and its architectural design relate...Read more...

Blog

LSE Business Review:

Automation is not hollowing out British factory jobs

Fears that new technology will wipe out jobs are as old as the factory floor. But new analysis by Aniket Baksy, Daniel Chandler and Peter John Lambert shows that rather than taking jobs away, automation in British factor...Read more...

Journal article

SERIEs:

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...

Book

Why Immigration Policy Is Hard: And How to Make It Better
An indispensable resource for informed debate on one of the most charged subjects in public life today.

Immigration policy is hard, involving difficult decisions and trade-offs. But, as Alan Manning - former chair of the UK's Migration Advisory Committee - makes clear, this doesn't mean that we can't do much better. We sh...Read more...

CEP discussion paper

Anatomy of automation: CNC machines and industrial robots in UK manufacturing, 2005-2023

Using a novel proprietary survey of UK manufacturing sites, we study the impact on employment of arguably the two most important industrial automation technologies of the past fifty years: computer numerical control (CNC...Read more...

CEP discussion paper

Personnel policy in public sector organizations: evidence from England's academy schools

Many governments are increasingly decentralizing the governance of public sector organizations, by granting more autonomy to their managers. At the same time, public sector managers often cannot use key personnel practic...Read more...

Blog

Economics Observatory:

What policies could kick-start economic growth in the UK?

For two decades, the UK economy has seen weak growth, driven by low business investment, inadequate market dynamism and persistent policy instability. These failures shape the daily reality of households whose living sta...Read more...

CentrePiece article

Supporting new fathers, Spanish style

Use-it-or-lose-it paternity leave combined with full pay is changing norms....Read more...

CentrePiece article

Skills in the age of AI

A focus on wellbeing at work can help employees thrive....Read more...

Chapter

Labour markets and the future of work

in The London Consensus

New technologies are causing a restructuring of labour markets in many countries. While much has been written on how these technologies may destroy jobs, this chapter argues that they do not threaten the end of work but ...Read more...

Journal article

The Energy Journal:

Natural gas vehicles: consequences for fuel markets and the environment

Policies to adopt cleaner fuels have become increasingly important, but their impacts on incumbent fuel prices and resulting greenhouse gas emissions remain unclear. We use a panel dataset on weekly prices at the gas sta...Read more...

CEP discussion paper

Nice work if you can get it? The distribution of employment and earnings during the early years of the clean energy transition

The transition to clean energy represents a fundamental and important shift in economic activity. We present new facts about workers in clean and legacy energy sectors between 2005 and 2019 using linked, administrative e...Read more...

Journal article

The Economic Journal:

Manipulation and selection in unemployment insurance

In this paper, we study the selection patterns of individuals who manage to have their lay-off delayed around an age at lay-off threshold entitling them to four additional months of unemployment insurance, that is, manip...Read more...

Journal article

Canadian Journal of Economics:

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...

Journal article

Review of Economic Studies:

Temporal-difference estimation of dynamic discrete choice models

We study the use of Temporal-Difference learning for estimating the structural parameters in dynamic discrete choice models. Our algorithms are based on the conditional choice probability approach but use functional appr...Read more...

Chapter

Immigration, diversity and innovation in cities and regions

in A Research Agenda for Migration and Innovation

This chapter investigates the interplay between immigrant diversity and innovation, emphasizing the urban and regional dimensions where these effects are most pronounced. Cities and urban areas are pivotal to the generat...Read more...

CVER Research Paper

Young people, human capital investment and the Great Recession

Policy makers recognise the importance of encouraging young people to stay in education for longer. We use the experience of the Great Recession in England to evaluate whether the incentive to invest in human capital bea...Read more...

CEP discussion paper

Private highs: investigating university overmatch among students from elite schools

Inequality in elite college attendance is a key driver of intergenerational mobility. This paper shifts the focus upstream to examine how elite high school attendance - specifically, enrollment in UK private, fee-paying ...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...

Blog

Vox EU Talk (podcast):

Gender and the labour market

How much progress have we made in finding out the source of gender inequality at work? At the PSE-CEPR Policy Forum 2025, Barbara Petrongolo of the University of Oxford and CEPR gave the keynote lecture on 'Questions and...Read more...

Journal article

American Economic Journal: Economic Policy:

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...

Blog

LSE Business Review:

Well designed paternity leave makes Spain a model of success

Spain recently equalised paternity and maternity leave at 16 weeks - but did fathers take advantage of the new policy? The answer is a resounding yes. Libertad Gonzalez, Lidia Farre, Claudia Hupkau and Jenifer Ruiz-Valen...Read more...

CEP discussion paper

Mobile internet connectivity and household wealth in the Philippines

Mobile internet has become a fundamental component of modern infrastructure. In this paper, we consider the impact of mobile internet connectivity on household wealth in the Philippines. We construct a granular measure o...Read more...

Blog

Economics Observatory:

The UK's new industrial strategy: what does it mean for Manchester?

To succeed, the industrial strategy needs to build strong local ecosystems in places where the eight priority sectors can thrive. The example of Greater Manchester shows why investment must be joined-up and focused on ma...Read more...

External report

Innovation in Green Technologies

Demand for cleaner, more efficient technologies is transforming global markets and with it, the geography of innovation. Over the last 15 years, markets for new energy technologies and climate resilience have outpaced gr...Read more...

Journal article

The Economic Journal:

Monopsony and the wage effects of migration

If labour markets are competitive, migration can only affect native wages via marginal products. But under imperfect competition, migration may also increase wage mark-downs ? if firms have greater monopsony power over m...Read more...

CEP discussion paper

Trade diversion and labor market outcomes

In 2018 and 2019, the US administration increased tariffs on imports from China. Did these tariffs lead to more US imports from other countries such as Mexico? Using highly disaggregated data on the universe of Mexican f...Read more...

CentrePiece article

Public sector relocation: lessons from the BBC?s move to Salford

Moving public agencies out of London was a major plank of the levelling-up agenda. Max Nathan, Henry Overman, Capucine Riom and Maria Sanchez-Vidal show how the BBC?s move to Salford had a positive effect on the local ec...Read more...

CentrePiece article

Why people like living in cities: a new measure of the quality of life

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 people?s preferences are considered, big cities offer a hi...Read more...

CentrePiece article

Investing in mental health: the economic benefits of NHS talking therapies

What are the effects of psychological therapies on patients? employment and earnings? In the first analysis of this question using nationally representative data, Klaudia Rzepnicka, Emma Sharland, Marta Rossa, Ted Dolby,...Read more...

Blog

Centre for Cities:

A review of the Green Book review

While correctly rejecting criticisms that existing guidance is biased, the latest Green Book review suggests changes that should improve appraisal and decision making....Read more...

External report

Strengthening Monitoring and Evaluation of Innovation Programs in the EU : Creating Ecosystems for Innovation in a Post-Coal Region Evidence from an RCT in the Czech Republic (English)

The Usti nad Labem and Karlovy Vary regions face persistent structural challenges as they transition away from coal-based industries. In response to these challenges, national and EU institutions have launched a coordina...Read more...

External report

A joined-up approach to UK skills policy

It is generally accepted that skills are a key driver of economic productivity and economic dynamism. They are a means by which individuals and communities can become resilient to social and economic change and are a key...Read more...

Blog

LSE British Politics and Policy:

Rethinking public investment in Greater Manchester's regeneration

Manchester United's proposed new stadium comes with a hefty price tag, and uncertainty over who will pay for it. Aadya Bahl argues that public funding for such projects might compete with Greater Manchester's broader eco...Read more...

Blog

Vox EU:

Working from home boosted growth by expanding disability employment

Individuals with a disability have remarkably low employment rates compared to the rest of the population. This column examines whether the rapid rise in the ability to work from home post-pandemic has improved disabilit...Read more...

CEP discussion paper

Management and firm dynamism

We show better-managed firms are more dynamic in plant acquisitions, disposals, openings and closings in U.S. Census and international data. Better-managed firms also birth better-managed plants and improve the performan...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 PP:

For US coal workers, earnings losses from the decline of their industry have been large and lasting

In the 2010s, coal mining employment in the US declined by over 50 percent. In new research, Jonathan Colmer and Eleanor Krause look at how costly this change has been for coal workers. The researchers find that these wo...Read more...

Journal article

American Economic Review:

Fighting climate change: international attitudes toward climate policies

This paper explores global perceptions and understanding of climate change and policies, examining factors that influence support for climate action and the impact of different types of information. We conduct large-scal...Read more...

Journal article

The Economic Journal:

Employer screening and optimal unemployment insurance

Field experiments show that employers are less likely to consider long-term unemployed job-seekers for interviews. We study the implications for optimal unemployment insurance (UI). Based on a structural model of job sea...Read more...

Blog

LSE Politics and Policy:

Better unemployment benefits could boost productivity and growth

The UK's job seeker's allowance for those who lose their job is much lower than the OECD average. Aadya Bahl argues that improving unemployment support is key not just for protecting workers but also for unlocking econom...Read more...

Blog

Bruegel:

Pitfalls to avoid as the EU ramps up defence investment

The European Union's push to rearm in the face of growing external threats and the increasing disengagement of the United States has, so far, been primarily a push to spend more on defence and to find ways to facilitate ...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...

Government consultation

Education committee - Further education and skills

The further education sector is currently navigating a series of reforms and challenges. In this inquiry the Education Committee will explore these issues and other pressures currently facing the further education sector...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...

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

Climate Policy:

Policing carbon markets

Carbon markets have emerged in recent decades as one of the most important tools for curbing industrial greenhouse gas emissions, but they present a number of novel enforcement challenges as compared to more conventional...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...

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 Human Resources :

Where versus what: college value-added and returns to field of study in further education

We use administrative records on educational and labor market trajectories to estimate the value-added of English further education colleges in terms of educational and labor market outcomes and earnings returns to diffe...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

The definitive account of workplace wellbeing and its key drivers, offering a fresh data-driven perspective on the connections between happiness, productivity, and organizational success. Published by Harvard Busines...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...

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 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...

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...

Journal article

The Economic Journal:

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

Industrial and Corporate Change:

More or the same? Radical, disruptive, discontinuous, and breakthrough innovation

This paper addresses the conceptual ambiguity in the literature on exceptional innovations, labeled ?radical,? ?disruptive,? ?breakthrough,? or ?discontinuous.? A bibliometric analysis of 4407 articles shows that differe...Read more...

Journal article

International Journal of Microsimulation:

Social distress and (some) relief: estimating the impact of pandemic job loss on poverty in South Africa

Up-to-date, nationally representative household income/expenditure data are crucial for estimating poverty during the Covid-19 pandemic and to policy-making more broadly, but many developing countries lack such data. We ...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...

Journal article

Journal of Economic Perspectives:

A practical guide to shift-share instruments

A recent econometric literature shows two distinct paths for identification with shift-share instruments, leveraging either many exogenous shifts or exogenous shares. We present the core logic of both paths and practical...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

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...

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...

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...