Results

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...

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

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...

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...

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: 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...

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...

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...

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

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...

CEP discussion paper

The integration penalty: Impact of 9/11 on the Muslim marriage market

Major sociopolitical events can have lasting impacts on integration through changing marriage preferences. Marriage markets, due to their unregulated nature, both reflect and affect integration in society. I use 9/11 as ...Read more...

CEP discussion paper

The perfect match: Assortative matching in mergers and acquisitions

We interpret M&A deals in Western Europe during the 2010s as the equilibrium of a matching model. Merger surplus arises from complementarities between multiple firm pre-merger characteristics. Large, productive firms pre...Read more...

Journal article

The Review of Economics and Statistics:

Happy to Help: Welfare Effects of a Nationwide Volunteering Programme

We study the wellbeing returns from volunteering in England's National Health Service (NHS) Volunteer Responders, set up in response to Covid-19. Using linked survey and administrative data, we exploit the oversubscripti...Read more...

Journal article

Oxford Review of Economic Policy:

Ethnic minority and migrant pay gaps over the life-cycle

It is well-known that ethnic minority and migrant workers have lower average pay than the White UK-born workforce. However, we know much less about how these gaps vary over the life-cycle because of data limitations. We ...Read more...

Blog

Imperial College Business School:

What's holding back the green transition?

New research from Imperial College Business School reveals what's stopping businesses from taking action to protect our overheated planet....Read more...

Journal article

The Economic Journal: Forthcoming

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 Impact of Social Sciences:

AI can carry out qualitative research at unprecedented scale

The interactional skill of large language models enables them to carry out qualitative research interviews at speed and scale. Demonstrating the ability of these new techniques in a range of qualitative enquiries, Friedr...Read more...

CEP discussion paper

Job displacement, remarriage and marital sorting

We investigate how job displacement affects whom men marry and study implications for marriage market matching theory. Leveraging quasi-experimental variation from Danish establishment closures, we show that job displace...Read more...

Blog

Vox EU:

Distance from innovation is a barrier to the adoption of artificial intelligence

While distance may seem unimportant in the face of technological progress in transportation and communication, several studies have found that distance is a barrier to the diffusion of inventive activity and technology a...Read more...

CentrePiece article

in brief... Designing carbon markets that deliver change

Ever since the European Union created its market-based carbon policy, governments and businesses have been keen to assess its impact. Jonathan Colmer, Ralf Martin, Mirabelle Muûls and Ulrich Wagner explain why analysing ...Read more...

CentrePiece article

How to build a citizen

Schools are where the next generation learns not only how to understand the world but also how to change it. Research by Simon Briole, Marc Gurgand, Eric Maurin, Sandra McNally, Jenifer Ruiz-Valenzuela and Daniel Santin ...Read more...

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...

Journal article

World Development:

Institutional transition: Social cohesion and demand for land titles in urban Tanzania

In much of urban Africa, demand for statutory property rights remains low even when governments coordinate land titling programmes and reduce the costs of registration. This paper studies the Residential Licence programm...Read more...

Submission to a parliamentary inquiry and government consultation

Industry and Regulators Committee

I am an economist who has worked (on and off) on post-school education for many years. From 1961-64 I was senior Research Officer to the Robbins Committee. In 1994 I co-edited Britain's Training Deficit. From 1997-2001 I...Read more...

Blog

Promarket:

Does Domestic Competition Help EU Firms Compete Abroad?

In a survey of nearly 400 European firms that export abroad, Elena Argentesi, Livia De Simone, Stephan Paetz, Vincenzo Scrutinio find that most firms believe that competition forces them to produce cheaper and higher qua...Read more...

Blog

LSE Inequalities:

Sliding down the Great Gatsby curve in search of the Scandinavian dream

The new UK government has separate missions to break down the barriers to opportunity and to boost growth - together, the "Scandinavian dream". The problem, write Steve Machin and Lee Elliot Major, is Britain's high leve...Read more...

Journal article

American Economic Journal: Macroeconomics:

International Friends and Enemies

We examine whether, as countries become more economically dependent on a trade partner, they realign politically toward that trade partner. We use network measures of economic exposure to foreign productivity growth deri...Read more...

Blog

LSE Business Review:

Education makes women, not men, more likely to have children

Given the wide-ranging consequences of declining fertility rates, academics and policymakers around the world are increasingly interested in understanding what influences men's and women's decision to start a family. Han...Read more...

Blog

Vox EU:

Global environmental cooperation and innovation

In the ongoing debate on climate change, one of the most pressing challenges is fostering effective international cooperation. This column examines the success of the 1987 'Montreal Protocol' in phasing out harmful chlor...Read more...

CEP discussion paper

Learning about women's competence: The dynamic response of political parties to gender quotas in South Korea

We study the dynamic responses of political parties to gender quotas in South Korean municipal councils, a setting with nearly zero women pre-quota. We exploit two unique institutional features: the quota intensity is di...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 Economic Literature:

Temporary Employment in Markets with Frictions

Temporary employment has spiked in OECD countries over the last 40 years and is now a common feature of their labor market landscape. A large body of empirical literature examines the spread of temporary employment, but ...Read more...

Chapter

Money and happiness

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

Many people believe that earning more money would bring more happiness into their lives. However, despite massive improvements in material living conditions in most Western countries, average population happiness has sta...Read more...

Chapter

Individual wellbeing and cortisol

in Encyclopedia of Happiness, Quality of Life and Subjective Wellbeing

The variety and the number of ways of measuring individual wellbeing has increased over the past two decades. In addition to all self-reported measures, researchers also consider a wide variety of objectively-measured in...Read more...

CEP discussion paper

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 discussion paper

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...

CEP discussion paper

Elite universities and the intergenerational transmission of human and social capital

Do elite colleges help talented students join the social elite, or help incumbent elites retain their positions? We combine intergenerationally-linked data from Chile with a regression discontinuity design to show that, ...Read more...

Blog

Grantham Research Institute on Climate Change and the Environment:

Harnessing the UK's strengths for green growth

Esin Serin and Pia Andres set out evidence on the UK's sectoral and technological strengths to assist policymakers as they consider how to allocate support across the economy in a way that maximises green growth opportun...Read more...

CEP discussion paper

When trade drives markup divergence: An application to auto markets

When firms sell in multiple markets, estimates of markups from the demand-side will generally diverge from estimates based on the supply-side (e.g. via production functions). The empirical examination of the importance o...Read more...

Journal article

Oxford Open Economics:

Labour market inequality

Wage and earnings inequality has been on the rise in the United Kingdom (UK) since the late 1970s/early 1980s, and with faster increases than comparator countries, it is now one of the countries with the highest levels o...Read more...

CEP election analysis

Further and higher education

There are not enough graduates for sectors in which the UK has a comparative advantage and there are too few people educated to sub-degree level compared to other countries....Read more...

CEP election analysis

Schools

Schools in England, and the UK as a whole, need greater investment. Failure to do so puts economic growth in jeopardy as well as worsening social mobility....Read more...

Journal article

Oxford Economic Papers: Forthcoming

Trends in effort at work in the UK

This article links detailed 24-h diary surveys in the UK for the last four decades, to provide evidence of an increase in work effort in three specific dimensions: timing, nature, and composition. We rule out certain pro...Read more...

CentrePiece article

in brief... Why representation in economics matters

To inspire the next generation of black economists, how important is it for them to see people like themselves working in the profession? Felicia Odamtten, an economist at the Resolution Foundation and founder of The Bla...Read more...

CentrePiece article

A generation scarred by the Covid-19 pandemic

The impact of the pandemic on education means that pupils in England are on course for lower GCSE grades well into the 2030s. Lee Elliot Major, Andrew Eyles, Esme Lillywhite and Stephen Machin say that the school system ...Read more...

Blog

Imperial College Business School:

Do carbon markets work?

Ever since the EU created its market-based carbon policy, governments and businesses have been keen to see an impact. But analysing how effective policies can be on a noisy economic and global stage is complex - and hard...Read more...

Journal article

Behavioural Public Policy:

Affective paternalism

Many decisions are curated, incentivised or nudged by a third party. Despite this, only a handful of studies have looked at paternalistic decision-makers and the psychological processes by which they arrive at their deci...Read more...

Journal article

The Review of Economic Studies:

Does Pricing Carbon Mitigate Climate Change? Firm-Level Evidence from the European Union Emissions Trading System

In theory, market-based regulatory instruments correct market failures at least cost. However, evidence on their efficacy remains scarce. Using administrative data, we estimate that, on average, the European Union Emissi...Read more...

Journal article

AEA Papers and Proceedings:

The Linear Algebra of Economic Geography Models

We provide sufficient statistics for nominal and real wage exposure to productivity shocks in a constant elasticity economic geography model. These exposure measures summarize the first-order general equilibrium elastici...Read more...

Journal article

American Economic Journal: Microeconomics:

Technology Transfer in Global Value Chains

Global value chains create opportunities for North-South technology diffusion. This paper studies technology transfer in value chains when contracts are incomplete and input production technologies are imperfectly exclud...Read more...

CEP discussion paper

Accounting for the evolution of China's production and trade patterns

This paper studies the evolution of China's production and trade patterns during its integration into the global economy. We document and explain new facts concerning changes in production and exports at the industry and...Read more...

Journal article

The Economic Journal:

Taking Back Control? Quasi-Experimental Evidence on the Impact of Retirement on Locus of Control

We use Australian panel data to examine the impact of retirement on individual locus of control, a socio-emotional skill with substantial explanatory power for a broad range of life outcomes. Exploiting the eligibility a...Read more...

External publication

A generation at risk: rebalancing education in the post-pandemic era

We present for the first time a model of children's evolving socio-emotional and cognitive skills to assess how the educational and lifetime prospects of children of different ages, genders and socio-economic backgrounds...Read more...

Blog

LSE Inequalities:

A class apart: prime ministers' origins profoundly impact their political worldviews

The background of our Prime Ministers hugely influences the judgements they make. Yet our leaders are drawn from an astonishingly narrow slice of society: every PM who attended an English university since WW2 went to Oxf...Read more...

Journal article

Cambridge Journal of Evidence-Based Policing:

Can Social Media Reach Isolated Domestic Abuse Victims? Evidence from a Randomized Control Trial During the Covid-19 Lockdown

Research Questions Can social media reach isolated domestic abuse victims? Secondly, does providing victims with more information and a safer means of contacting police change their likelihood of domestic abuse reporting...Read more...

Blog

Vox EU:

Intergenerational income mobility in France: A comparative and geographic analysis

The question of the extent to which individuals' incomes are related to those of their parents has seen renewed interest as rising income inequality raises concerns about equality of opportunity. Gustave Kenedi and Louis...Read more...

Journal article

American Economic Review:

When Tariffs Disrupt Global Supply Chains

We study unanticipated tariffs in a setting with firm-to-firm supply relationships. Firms conduct costly searches and negotiate with potential suppliers that pass a reservation level of match productivity. Global supply ...Read more...

Journal article

Journal of Labor Economics:

The Employment and Distributional Impacts of Nationwide Minimum Wage Changes

We estimate the effect of the introduction of the UK’s National Living Wage in 2016, and increases in it up to 2019, using a new empirical method. We apply a bunching approach to a setting with no geographical variation ...Read more...

Journal article

American Economic Journal: Applied Economics:

Measuring Absolute Income Mobility: Lessons from North America and Europe

We use linked parent-child administrative data for five countries in North America and Europe, as well as detailed survey data for two more, to investigate methodological challenges in the estimation of absolute income m...Read more...

Journal article

Journal of the European Economic Association :

Formation of College Plans: Expected Returns, Preferences and Adjustment Process

We exploit a large exogenous shock to study the formation, and updating, of educational plans, and to examine how these plans ultimately impact later educational attainment. Using novel, longitudinal, microdata on cohort...Read more...

Journal article

The Economic Journal:

Commuting for crime

People care about crime, with the spatial distribution of both actual and perceived crime affecting the amenities from living in different areas and residential decisions. The literature finds that crime tends to happen ...Read more...

Blog

LSE EUROPP:

Online tutoring can transform education for disadvantaged students

Online tutoring programmes have emerged as an effective strategy for narrowing the educational gaps that were exacerbated by the pandemic. Claudia Hupkau, Lucas Gortazar and Antonio Roldan-Mones outline how an eight-week...Read more...

Chapter

Women's representation and the gender pay gap: rank, institutional research intensity and ethnicity in UK business schools

in Research Handbook on Inequalities and Work

We employ a multi-faceted framework to explore the importance of women's representation to the gender pay gap (GPG) in all UK business schools to analyse an authoritative and complete administrative sample from the Highe...Read more...

Submission to a parliamentary inquiry and government consultation

Business and Trade Committee

Has the UK lost its competitive edge in the global economy? What advantages does it possess, and how can these be exploited for economic growth? The Business and Trade Committee considers these questions as it continues ...Read more...

Journal article

The Review of Economic Studies:

Using Disasters to Estimate the Impact of Uncertainty

Uncertainty rises in recessions and falls in booms. But what is the causal relationship? We construct cross-country panel data on stock market returns to proxy for first- and second-moment shocks and instrument these wit...Read more...

CEP discussion paper

Talking therapy: Impacts of a nationwide mental health service in England

Mental health problems impose significant costs, yet healthcare systems of-ten overlook them. We provide the first causal evidence on the effectiveness of a nationwide-scaled mental health service in England for treating...Read more...

Blog

Wonkhe:

The spiralling costs of higher education are hitting stay at home students harder

Commuter students face financial struggle and a growing sense of isolation from campus. Lee Elliot Major introduces the findings of a new student money and wellbeing survey....Read more...

Blog

LSE Business Review:

Do publicly funded autonomous schools improve education systems in the world?

In recent decades, many countries have established autonomous schools, which are publicly funded but can operate more independently than government-run schools. Natalie Irmert, Jan Bietenbeck, Linn Mattisson and Felix We...Read more...

Journal article

The Economic Journal:

How Polarised are Citizens? Measuring Ideology from the Ground-Up

We investigate whether the ideological polarisation of citizens has increased in Western democracies. We propose a novel methodology to identify individual ideologies by applying Latent Dirichlet Allocation to political ...Read more...

CentrePiece article

Ending stagnation

What can be done to address Britain’s relative economic decline over the past decade and a half? The final report of the Economy 2030 Inquiry presents an ambitious strategy for reversing decades of under-investment, by t...Read more...

Journal article

Nature Human Behaviour:

Consumption responses to an unconditional child allowance in the United States

The COVID-19 pandemic put families in the United States under financial stress. The federal government's largest response in 2021 was the American Rescue Plan Act, which temporarily expanded the Child Tax Credit (CTC) in...Read more...

CEP Insights

Insights: condensed

The Insights series is an introduction to the work of the Centre for Economic Performance (CEP). Each Insight highlights the contribution of CEP researchers to both academic understanding and policymaking in one area of ...Read more...

Journal article

Journal of Economic Behavior & Organization:

Does growing up in economic hard times increase compassion? The case of attitudes towards immigration

There is some evidence that people who grew up in economic hard times more strongly favor government redistribution and are more compassionate towards the poor. We investigate how inclusive this increase in compassion is...Read more...

Journal article

Journal of the European Economic Association:

Come Together: Firm boundaries and delegation

We jointly study firm boundaries and the allocation of decision rights within them by confronting an incomplete-contracts model with data on vertical integration and delegation for thousands of firms around the world. In...Read more...

Journal article

American Economic Journal: Economic Policy :

Local Retail Prices, Product Variety, and Neighborhood Change

We study how local grocery markets within a city are affected by changes in housing markets. Our empirical strategy exploits a shift in the spatial distribution of construction activity induced by a large-scale, place-ba...Read more...

Blog

Higher Education Policy Institute:

Confronting higher education's class divide

Lee Elliot Major explains why developing an equity approach in higher education is the only way we will ever level the learning playing field - and lays out three simple steps we can take to achieve this....Read more...

Journal article

PLOS ONE :

Access to digital finance: Equity crowdfunding across countries and platforms

Financing entrepreneurship spurs innovation and economic growth. Digital financial platforms that crowdfund equity for entrepreneurs have emerged globally, yet they remain poorly understood. We model equity crowdfunding ...Read more...

Journal article

Labour Economics: Forthcoming

Social restrictions, leisure and well-being

A wide-ranging public debate surrounds how pandemic lockdown measures differentially impacted individuals and which precise mechanisms – whether financial-, health-, or policy-driven – predominate in determining these ef...Read more...

External publication

Ending stagnation

The UK has great strengths, but is a decade and a half into a period of stagnation. The toxic combination of slow growth and high inequality was straining the living standards of low- and middle-income Britain well befor...Read more...

Journal article

British Education Research Journal:

The path increasingly travelled: Vocational entry qualifications, socioeconomic status and university outcomes

Many countries have introduced flexibility in their admissions equivalents for tertiary education, allowing students to apply with vocational rather than academic qualifications at upper secondary level. However, entrant...Read more...

Journal article

The Economic Journal:

Immigration, Female Labour Supply and Local Cultural Norms

We study the local evolution of female labour supply and cultural norms in West Germany in reaction to the sudden presence of East Germans who migrated to the West after reunification. These migrants grew up with high ra...Read more...

Blog

South-West Social Mobility Commission's Substack:

Fixing a broken tongue

Lee Elliot Major explains why the language we use in education is important to challenge the divides that scar the education system....Read more...

Blog

Vox EU:

Unravelling the complexities of sanctions

Sanctions have become a linchpin of foreign policy. But as they have grown more complex, understanding their true impact on targeted economies has become increasingly difficult, and evidence of their firm-level effects i...Read more...

Journal article

The Review of Economic Studies:

A Theory of Falling Growth and Rising Rents

Growth has fallen in the U.S. amid a rise in firm concentration. Market share has shifted to low labour share firms, while within-firm labour shares have actually risen. We propose a theory linking these trends in which ...Read more...

Journal article

American Economic Review :

The Impact of Regulation on Innovation

We present a framework that can be used to assess the equilibrium impact of regulation on endogenous innovation with heterogeneous firms. We implement this model using French firm-level panel data, where there is a sharp...Read more...

Blog

Economics Observatory:

Youth custody: who ends up there and how does it affect their later lives?

There are severe long-term consequences for young people in the UK who spend time in youth custody, the majority of whom are boys. Those with very low grades, in special education facilities and with additional education...Read more...

CentrePiece article

The rising tide of school absences in the post-pandemic era

New research reveals that school attendance in the UK is still well below the pre-pandemic norm. Andrew Eyles, Esme Lillywhite and Lee Elliot Major outline the scale of continued absenteeism among pupils across the count...Read more...

Journal article

Journal of Economic Perspectives:

The Evolution of Work from Home

Full days worked at home account for 28 percent of paid workdays among Americans 20–64 years old, as of mid-2023. That's about four times the 2019 rate and ten times the rate in the mid-1990s. We first explain why the bi...Read more...

Journal article

Journal of Labor Economics:

Long Social Distancing

Many Americans continued some forms of social distancing after the pandemic. This phenomenon is stronger among older persons, less educated individuals, and those who interact daily with persons at high risk from infecti...Read more...

Journal article

Oxford Research Encyclopedia of Economics and Finance:

Explaining the Mathematics Gender Gap: The Role of Stereotypes

Descriptive stereotypes such as “girls are not good at mathematics” or prescriptive stereotypes, that is, fixed views about women’s societal roles, can explain the persistent gender gap in mathematics. Stereotypes lower ...Read more...

Journal article

Energy Policy:

Big oil and the energy transition: Evidence from M&A

International Oil Companies (IOCs) represent a significant source of capital and expertise that could be deployed to contribute to the investment required to achieve the energy transition to a low carbon future. This pap...Read more...

Blog

What Works Centre for Local Economic Growth:

Understanding supply and demand

Helene Donnat explains what supply and demand is and why policymakers need to consider it to design effective policies....Read more...

Journal article

Journal of Public Economics: Forthcoming

Estimating students' valuation for college experiences

Quantifying the consumption value of college - the utility students derive from in-person instruction and on-campus social activities - has been challenging. We leverage the COVID-19 shock to elicit students' intended li...Read more...

Journal article

The Economic Journal:

Unraveling firms: demand, productivity and markups heterogeneity

We develop a novel framework that simultaneously allows recovering heterogeneity in demand, quantity TFP and markups across firms while leaving the correlation between the three dimensions unrestricted. We accomplish thi...Read more...

Journal article

The Economic Journal:

Individual consequences of occupational decline

We assess the career earnings losses that individual Swedish workers suffered when their occupations' employment declined. High-quality data allow us to overcome sorting into declining occupations on various attributes, ...Read more...