Results

CentrePiece article

Spending public money to create happier lives

Choosing policies that most improve wellbeing would radically change government priorities. David Frayman, Christian Krekel, Richard Layard, Sara MacLennan and Isaac Parkes explain the science behind the new approach....Read more...

CEP report

Value for money: How to improve wellbeing and reduce misery

The government spends billions on our behalf. How do we want this money to be spent? This report reviews a range of policies and asks the fundamental question which should be asked of every policy: Does it deliver value ...Read more...

Journal article

Journal of Urban Economics: Forthcoming

The spatial impacts of a massive rail disinvestment program: The Beeching Axe

This paper investigates the reversibility of the effects of transport infrastructure investments, based on a programme that removed much of the rail network in Britain during the mid-20th century. We find that a 10% loss...Read more...

CEP discussion paper

The spatial impacts of a massive rail disinvestment program: the Beeching axe

Transport investment is a popular policy instrument and many recent studies have investigated whether new infrastructure generates economic benefits and has spatial economic impacts. Our work approaches the question diff...Read more...

Journal article

Journal of Economic Geography:

From periphery to core: Measuring agglomeration effects using high-speed rail

We analyze the economic impact of the German high-speed rail (HSR) connecting Cologne and Frankfurt, which provides plausibly exogenous variation in access to surrounding economic mass. We find a causal effect of about 8...Read more...

SERC/Urban and Spatial Programme Discussion Paper

From Periphery to Core: Measuring Agglomeration Effects Using High-Speed Rail

We analyze the economic impact of the German high-speed rail (HSR) connecting Cologne and Frankfurt, which provides plausibly exogenous variation in access to surrounding economic mass. We find a causal effect of about 8...Read more...