RLAB IT Demo

Blog

Academy of Social Sciences:

Closing the UK's productivity gap requires targeted investment

Aadya Bahl and Henry Overman discuss the difficult but essential decisions the UK Government must make to target investment strategically so that we can close the country's productivity gap and create economic growth. In...Read more...

Blog

LSE Europp:

Cultural exception? Why regulating the book market contradicts conventional wisdom about competition

Fixing retail book prices is a common policy in Europe, but how does preventing competition affect booksellers and buyers? Christos Genakos, Lorien Sabatino and Tommaso Valletti find that when the ability to offer custom...Read more...

Blog

Competition Policy International:

Competition-Friendly Industrial Policy

Industrial policy, essential for addressing market failures, encounters concerns regarding protecting inefficient firms. We advocate for competition-friendly industrial policies, underscoring the complementary relationsh...Read more...

Blog

LSE Politics and Policy:

The UK deals with India, USA and the EU are symbolic

The Labour Government is on a trade deal spree. After signing a free trade agreement with India, the UK made a pact with the US to remove some of the tariffs on UK car and aerospace exports, and finally a new agreement w...Read more...

Blog

LSE Business Review:

Eugenie Dugoua: Data centres are the factories of our modern lives

Our lives today increasingly depend on data centres for simple activities like writing emails or watching videos. The arrival of large language models such as ChatGPT has caused a significant uptick in the use of digital...Read more...

Blog

Vox Dev:

When progress divides: Are multinational enterprises fuelling conflict in Africa?

New evidence using geo-referenced data across the African continent suggests that the arrival of multinational enterprises can fuel local conflicts....Read more...

CEP discussion paper

Shocked by COVID: Exporting along global value chains

This paper examines the impact of protectionist policies on exports within global value chains (GVCs), using the COVID-19 pandemic as a natural experiment. Leveraging UK customs data (2017-2020) and a shift-share identif...Read more...

Blog

Financial Times:

How should central banks respond to US tariffs? (Podcast)

US tariffs have sent financial markets into a frenzy in recent weeks, but how much should central bankers be taking trade into account when setting monetary policy? To find out, Soumaya Keynes sits down with Bank of Engl...Read more...

CEP discussion paper

Meaning at work

We evaluate a firm's unusual, worker-centered, solution to the agency problem: enabling employees to reduce the cost of effort rather than pushing them with performance rewards. We randomize the roll-out of the firm's "D...Read more...

Blog

LSE Politics and Policy:

Why the social care visa had to go

One of the changes to the UK work migration regime announced in this week's White Paper was that care workers could no longer be hired directly from abroad. To some this return to the pre-2021 system was an act of econom...Read more...

Blog

Vox EU:

Working from home boosted growth by expanding disability employment

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

Blog

LSE Business Review:

NHS talking therapies bring long-term economic returns to England

Mental health treatment improves workers' employability and increases their earnings. Klaudia Rzepnicka, Emma Sharland, Marta Rossa, Ted Dolby, Ekaterina Oparina, Rob Saunders, Daniel Ayoubkhani and Vahe Nafilyan conduct...Read more...

CEP discussion paper

The 2025 trade war: Dynamic impacts across US States and the global economy

We use a dynamic trade and reallocation model with downward nominal wage rigidities to quantitatively assess the economic consequences of the recent increase in the U.S. tariffs on imports from Mexico, Canada, and China,...Read more...

Blog

LSE IQ Podcast:

Is AI destroying the planet? (podcast)

Professor Nick Couldry, Dr Eugenie Dugoua, Ceara Carney | Artificial intelligence is transforming the world around us, offering increased productivity and promising to help tackle difficult problems like global warming. ...Read more...

CEP discussion paper

Management and firm dynamism

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

CEP discussion paper

Economics of greenfield urban planning

Urban planning has shaped cities for millennia, demarcating property rights and mitigating coordination failures, but its rigidities often conflict with market-driven development, which reflects preferences. Although pla...Read more...

CEP discussion paper

Willingness to pay for workplace amenities

We develop a revealed preference approach to measure the value of workplace amenities by analyzing how variation in non-wage job attributes affects excess mass in the earnings distribution at budget discontinuities. The ...Read more...

CEP discussion paper

Personnel is policy (implementation): Bureaucrats and the Korean export miracle

How much does the effect of industrial policy depend on the capacity of the bureaucrats implementing it? We exploit the rotation schedule of managers of South Korea's export promotion offices in 87 countries between 1965...Read more...

CEP discussion paper

The US-China trade war creates jobs (elsewhere)

We examine the indirect effects of the US-China trade war on Brazil's labor market. Using industry-specific tariff changes and the sectoral employment distribution across local labor markets, we construct a measure of re...Read more...

CEP discussion paper

The global effects of carbon border adjustment mechanisms

We study carbon border adjustment mechanism (CBAM) policies, as currently being implemented by the EU and UK. Policy discussions have cited three motivations and one concern. CBAMs can improve domestic competitiveness in...Read more...

Blog

Vox EU:

How an oil price crash sparked clean innovation: Insights from Norway

The transition to clean energy will require a significant reallocation of technological investments away from fossil energy sources towards cleaner alternatives. This column investigates whether leveraging the technologi...Read more...

Journal article

Journal of International Economics: Forthcoming

Technical change, jobs, and wages in the global economy

This paper presents a compact and intuitive framework that consolidates, simplifies, and extends results on the links between technology, trade, and labour market outcomes. It makes three main contributions. First, it pr...Read more...

CEP discussion paper

Minimum wages and low wage workers: Compliance as non-employment margin

This paper examines the impact of a substantial minimum wage increase in Uruguay - a middle-income developing economy - on wages and employment. Using administrative data and a difference-in-differences approach, we anal...Read more...

CEP discussion paper

Creative destruction through innovation bursts

In theories of creative destruction, product innovation is a key driver of aggregate growth. In this paper, we confront the predictions of these theories about product dynamics with empirical patterns in product-level da...Read more...

Blog

LSE USA PP:

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

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