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Blog
Book launch - a handbook for wellbeing policy-making Paul Frijters and Christian Krekel
July 2021
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Tags: wellbeing; policy; public sector; policy-making

Blog
Corporate taxes: Views of leading economists on profit-shifting, tax base and a global minimum rate Romesh Vaitilingam
July 2021
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Tags: globalisation; g7; tax; policy; multinationals

Blog
Will President Biden's economic stimulus cause inflation? Economists are unsure Romesh Vaitilingam
June 2021
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Tags: policy

CEP discussion paper
Import liberalization as export destruction? Evidence from the United States Holger Breinlich, Elsa Leromain, Dennis Novy and Thomas Sampson June 2021
Paper No' CEPDP1779:
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Tags: trade policy; import liberalization; comparative advantage; scale economies; china shock

Blog
Start-ups in the time of COVID-19: Facing the challenges, seizing the opportunities Flavio Calvino, Chiara Criscuolo and Rudy Verlhac June 2021
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Tags: covid-19; business; policy; employment; growth

Blog
Reflections on struggling high streets Henry G. Overman
June 2021
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Tags: covid-19; economic geography; trade; growth; policy; business

Blog
How should we measure the impact of Covid-19 policies on our wellbeing? Paul Dolan and Christian Krekel
June 2021
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Tags: covid-19; wellbeing; policy

Blog
Pollution reductions during lockdowns can teach us how to build back better a sustainable economy Jean-Philippe Bonardi, Quentin Gallea, Dimitrija Kalanoski, Rafael Lalive, Raahil Madhok, Frederik Noac, Dominic Rohner and Tommaso Sonno June 2021
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Tags: covid-19; environment; policy

Book
A Handbook for Wellbeing Policy-Making Paul Frijters and Christian Krekel
May 2021
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Tags: wellbeing; policy; happiness

Blog
The distinctive character of policy-driven stock market jumps Scott R. Baker, Nicholas Bloom, Steven J. Davis and Marco Sammon
May 2021
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Tags: globalisation; stock markets; policy; monetary policy; growth

Blog
The 2020s will be a crunch decade that will determine the UK's trajectory into the mid-21st century Torsten Bell, Swati Dhingra, Stephen Machin, Charlie McCurdy, Henry G. Overman, Gregory Thwaites, Daniel Tomlinson and Anna Valero May 2021
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Tags: brexit; covid-19; uk economy; economy2030; net zero; sustainability; environment; policy; productivity; equality; growth

External publication
The UK's decisive decade: the launch report for The Economy 2030 Inquiry Torsten Bell, Swati Dhingra, Stephen Machin, Charlie McCurdy, Henry G. Overman, Gregory Thwaites, Daniel Tomlinson and Anna Valero May 2021
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Tags: economy2030; brexit; uk economy; covid-19; net zero; sustainability; environment; policy; productivity; equality; growth

Blog
Government urban regeneration initiative failed to improve Britain's most deprived areas Henry G. Overman
May 2021
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Tags: economic geography; social mobility; regeneration; growth; policy

Blog
COVID-19 and self-employment ten months into the crisis Jack Blundell and Maria Ventura
March 2021
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Tags: covid-19; employment; self-employment; policy

CEP discussion paper
Data-intensive innovation and the State: evidence from AI firms in China Martin Beraja, David Y. Yang and Noam Yuchtman
March 2021
Paper No' CEPDP1755:
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JEL Classification: O30; P00; E00; L5; L63; O25; O40


Tags: data; innovation; artificial intelligence; china; economies of scope; directed technical change; industrial policy; privacy; surveillance

Blog
Understanding Educational Progression at the Local Level: Portsmouth, The Northern City on the South Coast Jo Blanden, Hector Espinoza, Sandra McNally and Guglielmo Ventura March 2021
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Tags: economic geography; schools; education; equality; policy

Blog
World Happiness Report: living long and living well Richard Layard and Ekaterina Oparina
March 2021
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Tags: wellbeing; world happiness report; policy; wellbeing

Blog
How a focus on wellbeing can help us make better policy decisions Celia Blanco-Jimenez, Liam Delaney, Paul Dolan, Georgios Kavetsos, Christian Krekel, Laura Kudrna, Kate Laffan, Richard Layard, Gus O'Donnell and Jet Sanders March 2021
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Tags: covid-19; wellbeing; policy; health

CEP discussion paper
Wage responses to gender pay gap reporting requirements Jack Blundell
March 2021
Paper No' CEPDP1750:
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JEL Classification: J31; J38; J33; J71; J78; J16; D82; D83


Tags: gender pay gap; gender pay gap reporting; transparency; discrimination; information; public policy

CentrePiece article
Build back happier Richard Layard
March 2021
Paper No' CEPCP595:
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CentrePiece 26 (1) Spring 2021


Tags: wellbeing; public policy; covid-19

Blog
Increasing support for clean innovation: a win-win-win strategy? Ralf Martin, Sam Unsworth, Anna Valero and Dennis Verhoeven
February 2021
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Tags: covid-19; policy; growth; technology; productivity; growth

Blog
Trade protection along supply chains: how antidumping measures against China hurt downstream industries Chad Bown, Paola Conconi, Aksel Erbahar and Lorenzo Trimarchi February 2021
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Tags: economic geography; supply chains; usa; china; policy; tax; production; employment; wages; investment; sales; trade

Blog
The economic cost of Covid-19's mental health crisis Richard Layard
January 2021
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Tags: covid-19; wellbeing; policy; public policy; infrastructure

Blog
Why urgent support is needed to address UK skills deficit Guglielmo Ventura
December 2020
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Tags: covid-19; education; skills; technological change; technology; skills; policy

Blog
How leading economists view antitrust in the digital economy Romesh Vaitilingam
November 2020
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Tags: globalisation; technological change; technology; policy

Blog
Redundancies and the labour market under Covid. Has furlough helped? And other related things you may have missed Jonathan Wadsworth November 2020
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Tags: employment; covid-19; labour markets; wages; public policy

Journal article
Does light touch cluster policy work? Evaluating the tech city programme Max Nathan
October 2020
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JEL Classification: L53;L86;O31;R30;R50


Tags: clusters; economic development; synthetic controls; technology policy

Blog
Stark contrast between pre- and post-16 provision in UTCs Guglielmo Ventura
October 2020
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Tags: employment; skills; public policy; education

CEP discussion paper
Place-based policies and spatial disparities across European cities Maximilian v. Ehrlich and Henry G. Overman
October 2020
Paper No' CEPDP1726:
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JEL Classification: R11; R12; R13


Tags: place based policy; cities; european union

Blog
Taking a wellbeing-years approach to policy choice Andrew E. Clark, Jan-Emmanuel De Neve, Christian Krekel, Richard Layard and Gus O'Donnell September 2020
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Tags: covid-19; wellbeing; policy

Blog
City of dreams no more: COVID-19 in urban India Shania Bhalotia, Swati Dhingra and Fjolla Kondirolli
September 2020
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Tags: covid-19; inequality; wages; india; public policy

Blog
How economists view the US debate on extending jobless benefits Romesh Vaitilingam
August 2020
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Tags: wages; wellbeing; public policy; usa

Journal article
Reopening Pandora's Box in Search of a WTO-Compatible Industrial Policy? the Brazil-Taxation Dispute Emanuel Ornelas and Laura Puccio April 2020
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Tags: trade policy; dispute settlement; industry subsidies; international trade rules; national treatment; local content requirements

Blog
How the UK government should respond to the unequal local economic impacts of COVID-19 Henry G. Overman
April 2020
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Tags: covid-19; public policy; inequality

Blog
Covid-19 is increasing the divide in life chances between rich and poor Lee Elliot Major and Stephen Machin
April 2020
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Tags: covid-19; inequality; social mobility; public policy; education

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CEP occasional paper
When to release the lockdown: A wellbeing framework for analysing costs and benefits Andrew E. Clark, Jan-Emmanuel De Neve, Daisy Fancourt, Nancy Hey, Christian Krekel, Richard Layard and Gus O'Donnell April 2020
Paper No' CEPOP49:
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JEL Classification: D6; D61; H12; I31


Tags: covid-19; wellbeing economics; cost-benefit analysis; health policy

Blog
We can increase happiness through public policy - and in our jobs and private lives too Richard Layard and George Ward
March 2020
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Tags: wellbeing; policy; equality

Blog
New chancellor, new challenge: evaluating the coronavirus budget Thomas Sampson
March 2020
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Tags: covid-19; public policy; budget; uk

Blog
Measuring the impact of malfunctioning credit markets on productivity Timothy Besley, Isabelle Roland and John Van Reenen
March 2020
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Tags: the great recession; gdp; public policy

Blog
Budget 2020: will it move the economy onto a sustainable and inclusive growth path? Anna Valero
March 2020
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Tags: brexit; covid-19; public policy; budget; uk; nhs; wellbeing; environment

Blog
Budget 2020: a bold response to coronavirus, but more must be done if it becomes widespread in the UK Thomas Sampson
March 2020
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Tags: covid-19; public policy; budget; uk; fiscal stimulus

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CEP discussion paper
Rising protectionism and global value chains: quantifying the general equilibrium effects Rita Cappariello, Sebastian Franco-Bedoya, Vanessa Gunnella and Gianmarco I. P. Ottaviano March 2020
Paper No' CEPDP1682:
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JEL Classification: F13; F15; F40; F60


Tags: trade model; supply chains; trade policy shocks; brexit

Blog
Housing: 'no shortage' - is it nonsense? Paul Cheshire
December 2019
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Tags: economic geography; housing; policy

Blog
The UK’s housing crisis: what should the next government do? Paul Cheshire and Christian A. L. Hilber
November 2019
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Tags: housing; uk housing policy


Homes on the right tracks: Greening the Green Belt to solve the housing crisis
Blog
Eurosceptic votes are less likely when EU interventions visibly boost local job markets Riccardo Crescenzi, Marco Di Cataldo and Mara Giua November 2019
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Tags: europe; eu funds; cohesion policy; brexit; euroscepticism; rdd

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CEP election analysis
Immigration Jonathan Wadsworth
November 2019
Paper No' CEPEA052:
Read Abstract | Full Paper (pdf) | (pdf)

Tags: immigration; immigration policy; taxes; state benefits; economy


Download Press Release
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CEP Brexit analysis
The economic impact of Boris Johnson’s Brexit proposals Matt Bevington, Hanwei Huang, Anand Menon, Jonathan Portes, Jill Rutter and Thomas Sampson October 2019
Paper No' CEPBREXIT16:
Read Abstract | Full Paper (pdf)

Tags: brexit; trade; immigration; public policy; government

Journal article
Geography, competition, and optimal multilateral trade policy Antonella Nocco, Gianmarco I. P. Ottaviano and Matteo Salto
September 2019
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JEL Classification: D4;D6;F1;L0;L1


Tags: international trade policy; monopolistic competition; firm heterogeneity; pricing to market; multilateralism; productivity; globalisation; economic geography

Blog
Residential mobility in the UK: how distance and local economic conditions drive residential choices Monica Langella and Alan Manning August 2019
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Tags: british and irish politics and policy; cep; featured; lse comment; economic conditions; economy; employment; immigration; migration; moblity; moving; opportunity; regional; regions; residential mobility; unemployment

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CEP discussion paper
Innovation union: costs and benefits of innovation policy coordination Teodora Borota, Fabrice Defever and Giammario Impullitti August 2019
Paper No' CEPDP1640:
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JEL Classification: O41; O31; O38; F12; F42 F43


Tags: optimal innovation policy; growth theory; international policy coordination; eu integration; fdi spillovers

Journal article
Joseph Schumpeter Lecture, EEA Annual Congress 2017: Do Tax Cuts Produce more Einsteins? The Impacts of Financial Incentives VerSus Exposure to Innovation on the Supply of Inventors Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova and John Van Reenen June 2019
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Tags: innovation; tax policy

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CEP discussion paper
Affordability, financial innovation and the start of the housing boom Jane K. Dokko, Benjamin J. Keys and Lindsay E. Relihan
March 2019
Paper No' CEPDP1611:
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JEL Classification: G22; R21; R22


Tags: housing policy; mortgage loans; subprime mortgage

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CEP discussion paper
Geography, competition and optimal multilateral trade policy Antonella Nocco, Gianmarco I. P. Ottaviano and Matteo Salto
March 2019
Paper No' CEPDP1610:
Read Abstract | Full Paper (pdf)

JEL Classification: D4; D6; F1; L0; L1


Tags: international trade policy; monopolistic competition; firm heterogeneity; pricing to market; multilateralism

External publication
World Happiness Report 2019 John Helliwell, Richard Layard and Jeffrey D. Sachs
February 2019
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Tags: wellbeing; technological change; society; policy; happiness

Journal article
Some causal effects of an industrial policy Chiara Criscuolo, Ralf Martin, Henry G. Overman and John Van Reenen
January 2019
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JEL Classification: R11, H25, L52, L53, O25


Tags: industrial policy; regional policy; employment; investment; productivity

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CEP discussion paper
Do tax cuts produce more Einsteins? The impacts of financial incentives vs. exposure to innovation on the supply of inventors Alex Bell, Raj Chetty, Xavier Jaravel, Neviana Petkova and John Van Reenen January 2019
Paper No' CEPDP1597:
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JEL Classification: L2; M2; O32; O33


Tags: inventors; innovation; tax policy

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CEP discussion paper
Innovation and trade policy in a globalized world Ufuk Akcigit, Sina T. Ates and Giammario Impullitti
December 2018
Paper No' CEPDP1589:
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JEL Classification: F13; F43; F60; O40


Tags: economic growth; short- and long-run gains from globalization; foreign technological catching-up; innovation policy; trade policy; competition

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CEP discussion paper
Subsidizing labor hoarding in recessions: the employment and welfare effects of short time work Giulia Giupponi and Camille Landais December 2018
Paper No' CEPDP1585:
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JEL Classification: H20; J20; J65


Tags: short-time work; employment; reallocation; social insurance; optimal policy

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CEP Brexit analysis
The economic consequences of the Brexit deal Peter Levell, Anand Menon, Jonathan Portes and Thomas Sampson
November 2018
Paper No' CEPBREXIT12:
Read Abstract | Full Paper (pdf)

Tags: brexit; trade; immigration; public policy; government

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CEP discussion paper
The not-so-generalized effects of the generalized system of preferences Emanuel Ornelas and Marcos Ritel
October 2018
Paper No' CEPDP1578:
Read Abstract | Full Paper (pdf)

JEL Classification: F13; F14; F15; F55; F63; O19; O24


Tags: trade preferences; gravity equation; trade policy; nonreciprocity; gsp

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CEP discussion paper
Increasing differences between firms: market power and the macro-economy John Van Reenen
September 2018
Paper No' CEPDP1576:
Read Abstract | Full Paper (pdf)

JEL Classification: L2; M2; O14; O32; O33


Tags: firm differences; concentration; market power; policy

Journal article
Intended versus unintended consequences of migration restriction policies: Evidence from a natural experiment in Indonesia Mattia Makovec, Ririn S. Purnamasari, Matteo Sandi and Astrid R. Savitri July 2018
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Tags: female migrants; indonesia; labor migration; local labor markets; migration policy; migration restrictions;

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CEP discussion paper
The economic impacts of constraining home investments Christian A. L. Hilber and Olivier Schöni
July 2018
Paper No' CEPDP1556:
Read Abstract | Full Paper (pdf)

JEL Classification: D63; G12; R11; R21; R31; R52


Tags: second homes; wealth inequality; land use regulation; housing policy; house prices; unemployment

Journal article
The Power of Voice in Stimulating Morality: Eliciting Taxpayer Preferences Increases Tax Compliance Jan-Emmanuel De Neve, Cait Lamberton and Michael I. Norton April 2018
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Tags: ethics and morality; public policy issues;

Journal article
From periphery to core: Measuring agglomeration effects using high-speed rail Gabriel M. Ahlfeldt and Arne Feddersen
March 2018
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Tags: accessibility; agglomeration; density; high-speed rail; market potential; productivity; transport policy;

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CEP discussion paper
Beyond tariff reductions: what extra boost from trade agreement provisions? Swati Dhingra, Rebecca Freeman and Eleonora Mavroeidi March 2018
Paper No' CEPDP1532:
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JEL Classification: F10; F13; F14; F15


Tags: trade agreements; integration agreements; eias; trade policy; provisions; non-tariff barriers

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SERC/Urban and Spatial Programme Discussion Paper
Cohesion Policy Incentives for Collaborative Industrial Research. The Evaluation of a Smart Specialisation Forerunner Programme Riccardo Crescenzi, Mara Giua and Guido de Blasio February 2018
Paper No' SERCDP0231:
Read Abstract | Full Paper (pdf)

JEL Classification: O18; R11; R58


Tags: cohesion policy; smart specialisation; policy evaluation; innovation; european union

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SERC/Urban and Spatial Programme Discussion Paper
One or Many Cohesion Policies of the European Union? On the Diverging Impacts of Cohesion Policy across Member States Riccardo Crescenzi and Mara Giua February 2018
Paper No' SERCDP0230:
Read Abstract | Full Paper (pdf)

JEL Classification: O18; R11; R58


Tags: cohesion policy; european union; regions; growth; employment

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CEP discussion paper
The effect of minimum wages on low-wage jobs: evidence from the United States using a bunching estimator Doruk Cengiz, Arindrajit Dube, Attila Lindner and Ben Zipperer February 2018
Paper No' CEPDP1531:
Read Abstract | Full Paper (pdf)

JEL Classification: J31; J38; J88


Tags: minimum wage policy; bunching estimator; labor demand elasticity; wage distribution

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SERC/Urban and Spatial Programme Discussion Paper
Interaction of Public and Private Employment: Evidence from a German Government Move Giulia Faggio, Teresa Schlüter and Philipp vom Berge February 2018
Paper No' SERCDP0229:
Read Abstract | Full Paper (pdf)

JEL Classification: R58; R23; J61; O1


Tags: regional government policy; regional labor markets; job displacement; economic development

Blog
Where industry is strong and where it’s weak – key facts of UK business geography Sandra Bernick, Richard Davies and Anna Valero October 2017
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Tags: brexit; british and irish politics and policy; cep; economy and society; featured; british business; british economy; business; firms; geography; industry

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SERC/Urban and Spatial Programme Discussion Paper
The Local Economic Impacts of Regeneration Projects: Evidence from UK's Single Regeneration Budget Stephen Gibbons, Henry G. Overman and Matti Sarvimäki August 2017
Paper No' SERCDP0218:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; J08; H50


Tags: single regeneration budget; regeneration; employment; neighbourhoods; urban policy

CEP report
UK growth: a new chapter Philippe Aghion, Terra Allas, Timothy Besley, John Browne, Francesco Caselli, Richard Davies, Richard Lambert, Rachel Lomax, Stephen Machin, Gianmarco I. P. Ottaviano, Christopher A. Pissarides, Isabelle Roland, Xavier Rolet, Nicholas Stern and Anna Valero February 2017
Paper No' CEPSP28B:
Read Abstract | Full Paper (pdf)

Tags: gdp; innovation; infrasstructure; uk economy; skills; apprenticeships; education; growth; government policy; uk economy

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CEP discussion paper
Protectionism through exporting: subsidies with export share requirements in China Fabrice Defever and Alejandro Riaño
May 2016
Paper No' CEPDP1431:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; O47


Tags: export share requirements; export subsidies; trade policy; heterogeneous firms; china

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CEP Brexit analysis
Brexit and the impact of immigration on the UK Swati Dhingra, Gianmarco I. P. Ottaviano, John Van Reenen and Jonathan Wadsworth May 2016
Paper No' CEPBREXIT05:
Read Abstract | Press Release | Full Paper (pdf) | Technical Paper (pdf)

Tags: brexit; immigration; uk government policy; uk economy; wages; employment; eu referendum

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CEP report
Why Governments Won't Invest Sir Vince Cable
March 2016
Paper No' CEPSP33:
Read Abstract | Full Paper (pdf)

JEL Classification: H54; H60; G10; H83


Tags: uk economy; public investment; public debt; government policy; infrastructure

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SERC/Urban and Spatial Programme Discussion Paper
The (Displacement) Effects of Spatially Targeted Enterprise Initiatives: Evidence from UK LEGI Elias Einiö and Henry G. Overman February 2016
Paper No' SERCDP0191:
Read Abstract | Full Paper (pdf)

JEL Classification: R11; H25; J20; O40


Tags: place-based policy; programme evaluation; displacement; employment; industrial policy

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CEP real wages update
Slowing UK Wage Growth David Blanchflower and Stephen Machin
February 2016
Paper No' CEPRWU004:
Read Abstract | Full Paper (pdf)

Tags: uk wage growth; labour market; government policy; average weekly earnings (awe); inflation; unemployment

External publication
The importance of micro data in assessing aggregate outcomes Giorgio Barba Navaretti, Matteo Bugamelli, Emanuele Forlani and Gianmarco I. P. Ottaviano January 2016
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Tags: micro data; trade; trade policy

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CEP discussion paper
Information frictions and adverse selection: policy interventions in health insurance markets Benjamin Handel, Jonathan T. Kolstad and Johannes Spinnewijn November 2015
Paper No' CEPDP1390:
Read Abstract | Full Paper (pdf)

JEL Classification: D80; I13


Tags: information frictions; adverse selection; policy interventions

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CentrePiece article
Regulatory reform in Greece: the benefits of removing maximum mark-ups Christos Genakos and colleagues analyse the impact of deregulating the market for fresh fruit and vegetables Christos Genakos, Pantelis Koutroumpis and Mario Pagliero November 2015
Paper No' CEPCP456:
Read Abstract | Full Paper (pdf)

CentrePiece 20 (2) Autumn 2015


Tags: markup regulation; focal point; collusion; ex-post policy evaluation


This article summarises 'The Impact of Maximum Mark-up Regulation on Prices' by Christos Genakos, Pantelis Koutroumpis and Mario Pagliero, CEP Discussion Paper No. 1310
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CEP discussion paper
Merger policy in a quantitative model of international trade Holger Breinlich, Volker Nocke and Nicolas Schutz
October 2015
Paper No' CEPDP1378:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; L13; L44


Tags: mergers and acquisitions; merger policy; trade policy; oligopoly; international trade

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CEP election analysis
A New Priority for Mental Health Richard Layard
May 2015
Paper No' CEPEA035:
Read Abstract | Full Paper (pdf) | View Video (pdf)

Tags: mental health; nhs; government policy

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CEP election analysis
#ElectionEconomics: The Research Evidence on Key Issues for Voters in the 2015 UK General Election Ghazala Azmat, Brian Bell, Jonathan Colmer, Antoine Dechezleprêtre, Swati Dhingra, Christian A. L. Hilber, Stephen Machin, Alan Manning, Ralf Martin, Alistair McGuire, Sandra McNally, Gianmarco I. P. Ottaviano, Henry G. Overman, Isabelle Roland, Thomas Sampson, Anna Valero, John Van Reenen, Jonathan Wadsworth, Gill Wyness and Gabriel Zucman April 2015
Paper No' CEPEA034:
Read Abstract | Full Paper (pdf) | Executive Summary (pdf)

Tags: 2015 uk general election; government policy; austerity; productivity; health; nhs; education; higher education; immigration; brexit; eu; inequality; real wages; unemployment; gender; management; productivity; uk housing; environment; climate change; uk cities; infrastructure; taxation

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CEP election analysis
Health: How Will the NHS Fare in a Cold Climate? Alistair McGuire and John Van Reenen
April 2015
Paper No' CEPEA028:
Read Abstract | Full Paper (pdf)

Tags: hospital competition; market structure; 2015 general election; government policy; nhs

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CEP election analysis
Should We Stay or Should We Go? The economic consequences of leaving the EU Swati Dhingra, Gianmarco I. P. Ottaviano and Thomas Sampson March 2015
Paper No' CEPEA022:
Read Abstract | Full Paper (pdf) | View Video (pdf)

JEL Classification: F13;F17;F60


Tags: trade; european union; welfare; brexit; #electioneconomics; government policy; 2015 general election

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CEP election analysis
Immigration and the UK Labour Market Jonathan Wadsworth
February 2015
Paper No' CEPEA019:
Read Abstract | Full Paper (pdf)

Tags: immigration; european union; uk; government policy; education; labour market; jobs; wages

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CentrePiece article
Educational efficiency: value for money in public spending on schools Peter Dolton, Oscar Marcenaro Gutierrez and Adam Still
January 2015
Paper No' CEPCP441:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (3) Winter 2015


Tags: education; policy; funding; quality measures; educational efficiency

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CEP discussion paper
The Impact of Maximum Markup Regulation on Prices Christos Genakos, Pantelis Koutroumpis and Mario Pagliero
October 2014
Paper No' CEPDP1310:
Read Abstract | Full Paper (pdf)

JEL Classification: L0; L1; L4; L5


Tags: markup regulation; focal point; collusion; ex-post policy evaluation

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CentrePiece article
The ‘investor route’ to UK citizenship David Metcalf
October 2014
Paper No' CEPCP430:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (2) Autumn 2014


Tags: migration advisory committee; visas; policy

Journal article
The impact of a carbon tax on manufacturing: Evidence from microdata Ralf Martin, Ulrich J. Wagner and Laure B. de Preux
September 2014
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Tags: carbon tax; climate change levy; energy use; manufacturing; policy evaluation; uk; growth

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CEP discussion paper
Knowledge Spillovers from Clean and Dirty Technologies Antoine Dechezleprêtre, Ralf Martin and Myra Mohnen
September 2014
Paper No' CEPDP1300:
Read Abstract | Full Paper (pdf)

JEL Classification: O30; O44; Q54; Q55; Q58; H23


Tags: innovation spill-overs; climate change; growth; patents; clean technology; optimal climate policy

Journal article
Industry compensation under relocation risk: a firm-level analysis of the EU emissions trading scheme Ralf Martin, Mirabelle Muûls, Ulrich J. Wagner and Laure B. de Preux August 2014
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Tags: taxation and subsidies; externalities; growth; redistributive effects; environmental taxes and subsidies; pollution control adoption costs; distributional effects; employment effects; air pollution; water pollution; noise; hazardous waste; solid waste; recycling; climate; natural disasters; global warming; environmental economics: government policy

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CEP discussion paper
Gone for Good? Subsidies with Export Share Requirements in China: 2002-2013 Fabrice Defever and Alejandro Riaño
July 2014
Paper No' CEPDP1287:
Read Abstract | Full Paper (pdf)

JEL Classification: F12; F13; O47


Tags: trade policy; export subsidies; export share requirements; china

Book
Urban Economics and Urban Policy Paul Cheshire, Max Nathan and Henry G. Overman
May 2014
Paper No' :
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Tags: economic geography; cities; urban policy making

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CentrePiece article
Minimum wages: the economics and the politics Alan Manning
May 2014
Paper No' CEPCP419:
Read Abstract | Full Paper (pdf)

CentrePiece 19 (1) Spring 2014


JEL Classification: J31;J38; J41


Tags: national minimum wage; employment; living wage; politics; public policy

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SERC/Urban and Spatial Programme Policy Paper
Evaluating Spatial Policies Stephen Gibbons, Max Nathan and Henry G. Overman
March 2014
Paper No' SERCPP012:
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JEL Classification: A11; C81; C93; R00


Tags: spatial economics; evaluation; impact evaluation; econometrics; research design; public policy; economic development

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SERC/Urban and Spatial Programme Discussion Paper
Relocation of Public Sector Workers: Evaluating a Place-based Policy Giulia Faggio
February 2014
Paper No' SERCDP0155:
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JEL Classification: O1; R23; R58; J61


Tags: economic development; regional labour markets; regional government policy; job displacement

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CentrePiece article
Tackling long-term unemployment Barbara Petrongolo
February 2014
Paper No' CEPCP416:
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CentrePiece 18 (3) Winter 2014


JEL Classification: J31; J64; J65


Tags: unemployment; job search; government policy

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CentrePiece article
Economics of higher education Richard Murphy and Gill Wyness
February 2014
Paper No' CEPCP412:
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CentrePiece 18 (3) Winter 2014


Tags: higher education; uk; government policy

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CentrePiece article
In brief: Tough choices for a troubled euro Christopher A. Pissarides
February 2014
Paper No' CEPCP409:
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CentrePiece 18 (3) Winter 2014


Tags: europe; economic policy; euro

External publication
World Happiness Report 2013 John Helliwell, Richard Layard and Jeffrey D. Sachs
September 2013
Paper No' :
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Tags: wellbeing; policy; causes and effects of wellbeing; happiness

Journal article
Educational attainment across the UK nations: performance, inequality and evidence Stephen Machin, Sandra McNally and Gill Wyness June 2013
Paper No' :
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Tags: education policy; educational inequality; evaluation; school resources

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CEP report
Education in a Devolved Scotland: A Quantitative Analysis Stephen Machin, Sandra McNally and Gill Wyness
May 2013
Paper No' CEPSP30:
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Tags: scotland; education policy; devolution

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CEP discussion paper
Pushing On a String: US Monetary Policy is Less Powerful in Recessions Silvana Tenreyro and Gregory Thwaites
May 2013
Paper No' CEPDP1218:
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JEL Classification: E52; E32


Tags: asymmetric effects of monetary policy; transmission mechanism; recession; durable goods; local projection methods

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CEP discussion paper
Innovation, Reallocation and Growth Daron Acemoglu, Ufuk Akcigit, Nicholas Bloom and William R. Kerr
May 2013
Paper No' CEPDP1216:
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JEL Classification: E02; L1; O31; O32; O33


Tags: industrial policy; productivity growth; innovation; r&d

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CEP report
Investing for Prosperity: Skills, Infrastructure and Innovation Philippe Aghion, Timothy Besley, John Browne, Francesco Caselli, Richard Lambert, Rachel Lomax, Christopher A. Pissarides, Nicholas Stern and John Van Reenen January 2013
Paper No' CEPSP28:
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Tags: gdp; innovation; infrasstructure; uk economy; skills; apprenticeships; education; government policy

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CEP discussion paper
China's Pure Exporter Subsidies Fabrice Defever and Alejandro Riaño
December 2012
Paper No' CEPDP1182:
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JEL Classification: F12; F13; O47


Tags: trade policy; export subsidies; heterogeneous firms; china

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CentrePiece article
Immigration and the UK Labour Market David Metcalf
December 2012
Paper No' CEPCP381:
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CentrePiece 17 (3) Winter 2012


Tags: immigration; government policy; eu; migration policy; work skills

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CEP discussion paper
Optimal Policy for Macro-Financial Stability Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric R. Young October 2012
Paper No' CEPDP1172:
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JEL Classification: E52; F37; F41


Tags: bailouts; capital controls; exchange rate policy; financial frictions; financial crises; macro-financial stability; macro-prudential policies

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CEP discussion paper
Policy Design in a Model with Swings in Risk Appetite Bianca De Paoli and Pawel Zabczyk
October 2012
Paper No' CEPDP1170:
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JEL Classification: E32; G12


Tags: policy design; cyclical risk aversion; new keynesian model; habit formation

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CEP discussion paper
Capital Controls or Exchange Rate Policy? A Pecuniary Externality Perspective Gianluca Benigno, Huigang Chen, Christopher Otrok, Alessandro Rebucci and Eric R. Young August 2012
Paper No' CEPDP1160:
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JEL Classification: E52; F37; F41


Tags: capital controls; exchange rate policy; financial frictions; financial crises; financial stability; optimal taxation; prudential policies; planning problem

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CEP discussion paper
Matching Firms, Managers, and Incentives Oriana Bandiera, Luigi Guiso, Andrea Prat and Raffaella Sadun
May 2012
Paper No' CEPDP1144:
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JEL Classification: J24;L2


Tags: personnel economics; hiring policy; management; performance related pay; performance incentives

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CEP discussion paper
Heterogeneity, Demand for Insurance and Adverse Selection Johannes Spinnewijn
May 2012
Paper No' CEPDP1142:
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JEL Classification: D60; D82; D83; G28


Tags: heterogeneity; adverse selection; risk perceptions; welfare and policy

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CEP discussion paper
Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market Raphael Calel and Antoine Dechezleprêtre April 2012
Paper No' CEPDP1141:
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JEL Classification: O3; Q55; Q58; C14


Tags: directed technological change; eu emissions trading scheme; policy evaluation

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CEP discussion paper
Cyclical Risk Aversion, Precautionary Saving and Monetary Policy Bianca De Paoli and Pawel Zabczyk
March 2012
Paper No' CEPDP1132:
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JEL Classification: E32; G12


Tags: precautionary saving; monetary policy; cyclical risk aversion; macro-finance; non-linearities

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CentrePiece article
Policy uncertainty: a new indicator Scott R. Baker, Nicholas Bloom and Steven J. Davis
February 2012
Paper No' CEPCP362:
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CentrePiece 16 (3) Winter 2012


Tags: us economic policy; global financial markets;

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CentrePiece article
Big ideas: wellbeing and public policy Richard Layard
February 2012
Paper No' CEPCP355:
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CentrePiece 16 (3) Winter 2012


Tags: wellbeing; happiness; public policy

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CEP discussion paper
The Household Effects of Government Spending Francesco Giavazzi and Michael McMahon
February 2012
Paper No' CEPDP1120:
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JEL Classification: E62; E21; E24; D12


Tags: fiscal policy; psid; household consumption; labor supply

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CEP discussion paper
Some Causal Effects of an Industrial Policy Chiara Criscuolo, Ralf Martin, Henry G. Overman and John Van Reenen
January 2012
Paper No' CEPDP1113:
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JEL Classification: R11; H25; L52; L53; O25


Tags: industrial policy; regional policy; employment; investment; productivity

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SERC/Urban and Spatial Programme Discussion Paper
The Causal Effects of an Industrial Policy Chiara Criscuolo, Ralf Martin, Henry G. Overman and John Van Reenen
January 2012
Paper No' SERCDP0098:
Read Abstract | Full Paper (pdf)

JEL Classification: H25; L52; L53; O47


Tags: industrial policy; regional policy; employment; investment; productivity

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CEP discussion paper
First Impressions Matter: Signalling as a Source of Policy Dynamics Stephen Hansen and Michael McMahon
September 2011
Paper No' CEPDP1074:
Read Abstract | Full Paper (pdf)

JEL Classification: D78; E52


Tags: signalling; learning; monetary policy

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CEP discussion paper
How Experts Decide: Identifying Preferences versus Signals from Policy Decisions Stephen Hansen and Michael McMahon
July 2011
Paper No' CEPDP1063:
Read Abstract | Full Paper (pdf)

JEL Classification: D81; D82; E52


Tags: bayesian decision making; committees; monetary policy

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CEP occasional paper
Climate Change Policy and Business in Europe. Evidence from Interviewing Managers Barry Anderson, Jorg Leib, Ralf Martin, Martin McGuigan, Mirabelle Muûls, Ulrich J. Wagner and Laure B. de Preux March 2011
Paper No' CEPOP27:
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JEL Classification: M20; M14; D21; Q54; Q58


Tags: climate policy; firm behaviour; europe

Blog
From ‘Plan B’ to ‘Plan V’: what the UK economy needs to reboot and rebalance growth John Van Reenen
February 2011
Paper No' :
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Tags: economy and society; john van reenen; austerity; budget 2011; cep; coalition; csr; cuts; economic growth; economic policy; gdp; growth; inflation; osborne; politics; power; public spending

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CEP discussion paper
Anatomy of a Paradox: Management Practices, Organisational Structure and Energy Efficiency Ralf Martin, Mirabelle Muûls, Ulrich J. Wagner and Laure B. de Preux December 2010
Paper No' CEPDP1039:
Read Abstract | Full Paper (pdf)

JEL Classification: M20; M14; D22; Q41; Q54; Q58


Tags: climate policy; energy efficiency; firm behavior; management practices; manufacturing; microdata; organizational structure

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CEP discussion paper
Trade and Labor Market Outcomes Elhanan Helpman, Oleg Itskhoki and Stephen J. Redding
December 2010
Paper No' CEPDP1028:
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JEL Classification: F12; F16; J64


Tags: inequality; unemployment; trade; labour market policy

Blog
Academy schools under Labour combated disadvantage and increased pupil achievement: the coalition’s new policy may exacerbate existing inequalities Stephen Machin and James Vernoit November 2010
Paper No' :
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Tags: james vernoit; public services and the welfare state; stephen machin; academy schools; cep; education policy; gcse; government; politics; uk; uk government; uk politics

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CEP discussion paper
Bank Bailouts, International Linkages and Cooperation Friederike Niepmann and Tim Schmidt-Eisenlohr
November 2010
Paper No' CEPDP1023:
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JEL Classification: F31; F41


Tags: portfolio choice; international transmission of shocks; monetary policy

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CEP discussion paper
Monetary Policy Rules and Foreign Currency Positions Bianca De Paoli, Hande Küçük-Tuger and Jens Søndergaard
November 2010
Paper No' CEPDP1022:
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JEL Classification: F31; F41


Tags: portfolio choice; international transmission of shocks; monetary policy

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SERC/Urban and Spatial Programme Discussion Paper
In Search of the 'Economic Dividend' of Devolution: Spatial Disparities, Spatial Economic Policy and Decentralisation in the UK Andy Pike, Andrés Rodríguez-Pose, John Tomaney, Gianpiero Torrisi and Vassilis Tselios October 2010
Paper No' SERCDP0062:
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JEL Classification: D53; R51


Tags: economic dividend; devolution; spatial disparities; spatial economic policy; decentralisation; uk

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CEP discussion paper
How Big (Small?) are Fiscal Multipliers? Ethan Ilzetzki, Enrique G. Mendoza and Carlos A. Végh
October 2010
Paper No' CEPDP1016:
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JEL Classification: E2; E6; F41; H5


Tags: government expenditure; macroeconomic policy

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CEP discussion paper
Productivity Spreads, Market Power Spreads and Trade Ralf Martin
September 2010
Paper No' CEPDP0997:
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JEL Classification: C81; D24; L11; L25


Tags: trade policy; productivity measurement; imperfect competition; productivity dispersion; productivity spread

Blog
LSE Centre for Economic Performance – A Note on Academy School Policy Stephen Machin and James Vernoit
August 2010
Paper No' :
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Tags: james vernoit; public services and the welfare state; stephen machin; academies; cep; coalition; education policy; michael gove; politics; schools; uk; uk government

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CentrePiece article
Europe's emissions trading scheme: taxpayers versus sthe industry lobby Ralf Martin, Mirabelle Muûls and Ulrich J. Wagner
July 2010
Paper No' CEPCP311:
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CentrePiece 15 (1) Summer 2010


Tags: industry; r&d; carbon policy; carbon trading

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CentrePiece article
In brief: Producing superstars for the economic World Cup Lant Pritchett and Martina Viarengo
July 2010
Paper No' CEPCP310:
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CentrePiece 15 (1) Summer 2010


Tags: skills; education policy; mexico; economic competition

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CEP discussion paper
Depression Econometrics: A FAVAR Model of Monetary Policy During the Great Depression Pooyan Amir Ahmadi and Albrecht Ritschl January 2010
Paper No' CEPDP0967:
Read Abstract | Full Paper (pdf)

JEL Classification: N12; E37; E47; E52; C11; C53


Tags: great depression; monetary policy; friedman; schwartz hypothesis; bayesian favar; dynamic factor model; gibbs sampling

CEE/Education and skills discussion paper
How Much Can We Learn from International Comparisons of Intergenerational Mobility? Jo Blanden
November 2009
Paper No' CEEDP0111:
Read Abstract | Full Paper (pdf)

JEL Classification: J62; J68; D63


Tags: intergenerational mobility; public policy; inequality

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SERC/Urban and Spatial Programme Discussion Paper
The Dynamics of FDI Location: A Markov Analysis for British Regions Jonathan Jones and Colin Wren
November 2009
Paper No' SERCDP0035:
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JEL Classification: O12; L20; R58


Tags: foreign direct investment; location; transition matrices; agglomeration; regional policy

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SERC/Urban and Spatial Programme Discussion Paper
Why Do Some Firms Undertake R&D Whereas Others Do Not? Richard Harris and Mary Trainor
April 2009
Paper No' SERCDP0020:
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JEL Classification: D24; H32; O18; O32


Tags: r&d; regional policy; matching

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CEP discussion paper
Monetary Policy Under Alterative Asset Market Structures: the Case of a Small Open Economy Bianca De Paoli
April 2009
Paper No' CEPDP0923:
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JEL Classification: F41; G15; E52;E61


Tags: welfare; optimal monetary policy; asset markets; small open economy

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CEP discussion paper
The Impacts of the Climate Change Levy on business: Evidence from Microdata Ralf Martin, Ulrich J. Wagner and Laure B. de Preux March 2009
Paper No' CEPDP0917:
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JEL Classification: Q41; Q48; Q54; D21


Tags: climate policy; carbon tax; united kingdom; manufacturing; impact assessment

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CEP discussion paper
The Macroeconomic Role of Unemployment Compensation Tomer Blumkin, Yossi Hadar and Eran Yashiv
February 2009
Paper No' CEPDP0909:
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JEL Classification: E24; E61


Tags: productivity; heterogeneity; unemployment compensation policy; technological change; assortative matching

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CEP discussion paper
On the International Dimension of Fiscal Policy Gianluca Benigno and Bianca De Paoli
January 2009
Paper No' CEPDP0905:
Read Abstract | Full Paper (pdf)

JEL Classification: E62; E63; F41


Tags: optimal policy; fiscal policy; small open economy

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CEP discussion paper
Central Bank's Two-Way Communication with the Public and Inflation Dynamics Kosuke Aoki and Takeshi Kimura
November 2008
Paper No' CEPDP0899:
Read Abstract | Full Paper (pdf)

JEL Classification: E31; E52; E58


Tags: monetary policy; central bank communication; inflation target

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CEP discussion paper
Sales and Monetary Policy Bernardo Guimaraes and Kevin D. Sheedy
August 2008
Paper No' CEPDP0887:
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JEL Classification: E3; E5


Tags: sales; monetary policy; nominal rigidities

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CEP discussion paper
Wage Setting Patterns and Monetary Policy: International Evidence Giovanni Olivei and Silvana Tenreyro
June 2008
Paper No' CEPDP0872:
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JEL Classification: E1; E52; E58; E32; E31


Tags: monetary policy; wage rigidity; seasonality

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CEP discussion paper
Delayed Doves: MPC Voting Behaviour of Externals Stephen Hansen and Michael McMahon
April 2008
Paper No' CEPDP0862:
Read Abstract | Full Paper (pdf)

JEL Classification: E58 ;D71


Tags: monetary policy committee (mpc); bank of england; committee voting; signalling

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CEP discussion paper
A Swing-State Theory of Trade Protection in the Electoral College Mirabelle Muûls and Dimitra Petropoulou
February 2008
Paper No' CEPDP0849:
Read Abstract | Full Paper (pdf)

JEL Classification: D72; D78; F13; R12


Tags: political economy; elections; electoral college; swing states; trade policy

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CEP discussion paper
A Simple Model of the Juggernaut Effect of Trade Liberalisation Richard E. Baldwin and Frédéric Robert-Nicoud
January 2008
Paper No' CEPDP0845:
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JEL Classification: F13; F15


Tags: trade policy; economic integration

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CEP discussion paper
Robustly Optimal Monetary Policy Kevin D. Sheedy
November 2007
Paper No' CEPDP0840:
Read Abstract | Full Paper (pdf)

JEL Classification: E5


Tags: inflation persistence; optimal monetary policy; rules versus discretion; stabilization bias; inflation targeting

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CEP discussion paper
Economic Linkages Across Space Henry G. Overman, Patricia Rice and Anthony J. Venables
June 2007
Paper No' CEPDP0805:
Read Abstract | Full Paper (pdf)

JEL Classification: R00; R58


Tags: spatial linkages; urban systems; new economic geography; urban and regional policy

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CEP discussion paper
Labor Search and Matching in Macroeconomics Eran Yashiv
June 2007
Paper No' CEPDP0803:
Read Abstract | Full Paper (pdf)

JEL Classification: E24; E32; E52; J23; J31; J41; J63; J64; J65


Tags: search; matching; macroeconomics; business cycles; worker flows; growth; policy


European Economic Review, 97, 4, pp1419-1431, September 2007
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CEP discussion paper
Seigniorage Willem H. Buiter
April 2007
Paper No' CEPDP0786:
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JEL Classification: E4; E5; E6; H6


Tags: inflation tax; central bank budget constraint; coordination of monetary and fiscal policy

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CEP discussion paper
Monetary Policy Committees and Interest Rate Smoothing Carlos Montoro
February 2007
Paper No' CEPDP0780:
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JEL Classification: E43; E52; D72


Tags: monetary policy committee; interest rate smoothing; new keynesian economics; political economy

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CEP discussion paper
The Timing of Monetary Policy Shocks Giovanni Olivei and Silvana Tenreyro
May 2006
Paper No' CEPDP0725:
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JEL Classification: E1; E52; E58; E32; E31


Tags: monetary policy; wage contracts

Journal article
Happiness and public policy: a challenge to the profession Richard Layard
March 2006
Paper No' :
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Tags: happiness; public policy; wellbeing

CEE/Education and skills discussion paper
Education Policy in the UK Stephen Machin and Anna Vignoles
March 2006
Paper No' CEEDP0057:
Full Paper (pdf)

Tags: education policy; participation; higher education


This paper has been published as:
CESifo DICE Report, 4, 64-74 (2005)
Book
Unemployment: Macroeconomic Performance and the Labour Market Richard Layard, Stephen Nickell and Richard Jackman
August 2005
Paper No' :


Tags: high unemployment; unemployment policy; unemployment problem; labour market; oecd unemployment; inflation; wage bargaining; unemployment insurance

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CEP discussion paper
The Importance of the Wording of the ECB Carlo Rosa and Giovanni Verga
June 2005
Paper No' CEPDP0694:
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JEL Classification: E43; E52; E58; G14


Tags: ecb communication; transparency; monetary policy forecast; empirical reaction function; euribor rate curve

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CEP discussion paper
Agglomeration and the Adjustment of the Spatial Economy Pierre-Philippe Combes, Gilles Duranton and Henry G. Overman
May 2005
Paper No' CEPDP0689:
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JEL Classification: R00; R58


Tags: urban systems; new economic geography; urban and regional policy; diagrammatic exposition

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CEP election analysis
Macroeconomic Assessment: Interest Rates, Taxes and Spending Christopher Crowe
April 2005
Paper No' CEPEA003:
Full Paper (pdf)

Tags: monetary policy; taxes

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CEP discussion paper
Designing Target Rules for International Monetary Policy Cooperation Pierpaolo Benigno and Gianluca Benigno
December 2004
Paper No' CEPDP0666:
Read Abstract | Full Paper (pdf)

JEL Classification: E52; F41; F42


Tags: monetary policy cooperation; sticky prices; welfare analysis; targeting rules; inflation target

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CEP discussion paper
Inflation, Inequality and Social Conflict Christopher Crowe
November 2004
Paper No' CEPDP0657:
Read Abstract | Full Paper (pdf)

JEL Classification: D31 D72 E31 E50 E60 H20 H30


Tags: probabilistic voting; distributional conflict; fiscal policy; inequality; inflation

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CEP discussion paper
The Internationalisation of Public Welfare Policy James Banks, Richard Disney, Alan Duncan and John Van Reenen
November 2004
Paper No' CEPDP0656:
Read Abstract | Full Paper (pdf)

JEL Classification: C25; H31; J22


Tags: welfare policy; internationalisation; globalisation; public policy; policy transfer; oecd

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CEP discussion paper
Monetary Policy and Welfare in a Small Open Economy Bianca De Paoli
May 2004
Paper No' CEPDP0639:
Read Abstract | Full Paper (pdf)

JEL Classification: F41; E52; E58; E61


Tags: welfare; optimal monetary policy; small open economy

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CEP discussion paper
Gender Segregation in Employment Contracts Barbara Petrongolo
May 2004
Paper No' CEPDP0637:
Read Abstract | Full Paper (pdf)

JEL Classification: J22; J28; J71


Tags: gender gap; employment; taxation; public policy

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CEP discussion paper
Unemployment in Britain: A European Success Story Christopher A. Pissarides
December 2003
Paper No' CEPDP0600:
Read Abstract | Full Paper (pdf)

JEL Classification: E5; J5; J64


Tags: unemployment in uk; monetary policy; beveridge curve; phillips curve

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CEP discussion paper
Regional Influences on U.S. Monetary Policy: Some Implications for Europe Ellen E. Meade and D. Nathan Sheets
March 2002
Paper No' CEPDP0523:
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JEL Classification: E58;F33


Tags: monetary policy; central banking

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CEP discussion paper
Monopsony and the Efficiency of Labour Market Interventions Alan Manning
November 2001
Paper No' CEPDP0514:
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JEL Classification: J0


Tags: labour market policy; monopsony

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CEP discussion paper
Neighbourhood Effects in Small Neighbourhoods Henry G. Overman
November 2000
Paper No' CEPDP0481:
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Tags: education; decisions; neighbourhood effects; housing policy

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CEP discussion paper
Whence Reform? A Critique of the Stiglitz Perspective M Dabrowski, Stanislaw Gomulka and J Rostowski
September 2000
Paper No' CEPDP0471:
Read Abstract | Full Paper (pdf)

Tags: transition from communism; capitalism; china; russia; joseph stiglitz; clean slate policy; social capital

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CEP discussion paper
Monetary Misconceptions Willem H. Buiter
August 2000
Paper No' CEPDP0469:
Read Abstract | Full Paper (pdf)

Tags: monetary policy; inflation targeting; new paradigm; stabilisation policy