Results

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...

CentrePiece article

Geopolitics and the electric vehicle revolution

Rising demand for electric vehicles (EVs) is changing the geopolitical landscape, as the world pivots away from fossil fuels towards the green minerals critical to the EV supply chain. Benjamin Jones, Viet Nguyen-Tien, R...Read more...

Journal article

The World Economy:

The electric vehicle revolution: critical material supply chains, trade and development

The emergence of a mass market for electric vehicles (EVs) offers development opportunities for countries that have abundant resources of cobalt, nickel, lithium, copper, aluminium and manganese. Not surprisingly, develo...Read more...

Journal article

Economics of Education Review:

Oil discoveries and education provision in the postbellum South

This paper studies the effect of oil wealth on the provision of education in the early 20th century United States. Using information on the location and discovery of major oil fields, I find that oil wealth increased loc...Read more...

CEP discussion paper

Trade shocks and credit reallocation

The effect of trade liberalization on welfare and economic activity remains one of the most important questions in economics. The literature identifies a number of key determinants that reduce the potential gains from tr...Read more...

CEP discussion paper

Oil discoveries and education spending in the Postbellum South

This paper studies the effect of oil wealth on the provision of education in the early 20th century United States. Using information on the location and discovery of major oil fields, I find that oil wealth increased loc...Read more...

Journal article

The Economic Journal:

Guarding the guardians

Good government requires some restraints on the powerful but how can those be imposed if there is no-one above them? This article studies the equilibrium allocation of power and resources established by self-interested i...Read more...

Journal article

Water Economics and Policy:

Invention and diffusion of water supply and water efficiency technologies: insights from a global patent dataset

This paper identifies over 50,000 patents filed worldwide in various water-related technologies between 1990 and 2010, distinguishing between those related to availability (supply) and conservation (demand) technologies....Read more...

CEP discussion paper

Fracking growth

This paper estimates the effect of the shale oil and gas boom in the United States on local economic outcomes. The main source of exogenous variation to be explored is the location of previously unexplored shale deposits...Read more...

CentrePiece article

Human resource management: how much do firms really need?

More complete systems of human resource management (HRM) could deliver really extensive gains in employee motivation, according to an analysis of representative data from British workplaces by Michael White and Alex Brys...Read more...

CEP discussion paper

The financial resource curse

This paper presents a model of financial resource curse, i.e. episodes of abundant access to foreign capital coupled with weak productivity growth. We study a two-sector, tradable and non-tradable, small open economy. Th...Read more...

CentrePiece article

Giant oilfields and civil conflict

We use new data to examine the effects of giant oilfield discoveries around the world since 1946. On average, these discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilf...Read more...

CEP discussion paper

HRM and Workplace Motivation: Incremental and Threshold Effects

The HRM-performance linkage often invokes an assumption of increased employee commitment to the organization and other positive effects of a motivational type. We present a theoretical framework in which motivational eff...Read more...

CEP discussion paper

Do Giant Oilfield Discoveries Fuel Internal Armed Conflicts?

We use new data to examine the effects of giant oilfield discoveries around the world since 1946. On average, these discoveries increase per capita oil production and oil exports by up to 50 percent. But these giant oilf...Read more...

CEP discussion paper

Booms and Busts in Asset Prices

We show how low-frequency boom and bust cycles in asset prices can emerge from Bayesian learning by investors. Investors rationally maximize infinite horizon utility but hold subjective priors about the asset return proc...Read more...

CEP discussion paper

Human Resource Management and Productivity

In this chapter we examine the relationship between Human Resource Management (HRM) and productivity. HRM includes incentive pay (individual and group) as well as many nonpay aspects of the employment relationship such a...Read more...

CEP discussion paper

Leader Behavior and the Natural Resource Curse

We discuss political economy mechanisms which can explain the resource curse, in which an increase in the size of resource rents causes a decrease in the economy?s total value added. We identify a number of channels thro...Read more...

CEP discussion paper

Is Seniority-Based Pay Used as a Motivation Device? Evidence from Plant Level Data

In this paper we use data from industrial plants to investigate if seniority-based pay is used as a motivational device for production workers. Alternatively, seniority-based pay could simply be a wage setting rule not n...Read more...

CEP discussion paper

The Impact of an Innovative Human Resource Function on Firm Performance: the Moderating Role of Financing Strategy

The current study examined the impact of the human resource function and financing strategy on the financial performance of 104 UK manufacturing firms. Hypotheses are drawn from a resource-based perspective on human reso...Read more...

CEP discussion paper

Do Organisational Climate and Strategic Orientation Moderate the Relationship Between Human Resource Management Practices and Productivity?

Contingency formulations of Human Resource Management (HRM) theory suggest that the effectiveness of HRM practices should vary across firms. This study examined whether the relationship between HRM practices and producti...Read more...

CEP discussion paper

Looking for HRM/Union Substitution: Evidence from British Workplaces

In this paper we test the HRM/union substitution hypothesis that human resource management (HRM) practices act as a substitute for unionization. We use British workplace data between 1980 and 1998 which allows us to exam...Read more...

CEP discussion paper

It's a Family Affair: the Effect of Union Recognition and Human Resource Management on the Provision of Equal Opportunities in the UK

Equal opportunities policies and family-friendly practices are examined using data from the 1998 Workplace Employee Relations Survey in order to assess (i) their associations with union recognition and strategic human re...Read more...