Welcome to the Centre for Economic Performance at the #LSE. News, events and analysis from a world-leading economics and policy research institute.

London
New paper! On ‘the economics of cities: from theory to data’ by @ReddingEcon Read: ow.ly/A46c50MAg8y
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CEP’s Summer Internship programme is now open – this is an excellent opportunity for Economics graduates and postgraduates to gain experience of research in practice. Closing: Monday 15 April More: ow.ly/28z950QXsnh
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We’re seeking a research assistant to work on projects for the ERC funded Labour Policies for Inclusive Growth – on topics incl. the impact of technology and immigration on the labour market. @econ_ra Closing: 29 March 2024 More: ow.ly/5SMl50QHPHC
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Research Assistant wanted to help prepare large data sets and carry out initial analysis for projects looking at education and crime. Closing date: 23 May More: ow.ly/k1wn50OgLh8
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TODAY: we start a new series of seminars examining the policy implications of recent globalisation research. @rodrikdani presents the first in the series, ‘The future of economic development strategies.’ For further details and registration, visit: ow.ly/i3Nu50DXboO
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New! Brexit has cost UK consumers £5.8bn in higher food bills. By @JanDavidBakker @Nik_Datta @RD_Economist and @joshdelyon @LSEnews @ESRC @cage_warwick @BristolUniEcon Read: ow.ly/Wbzg50LQP6q
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“I think one should, as far as possible, choose to spend one’s time in a way that makes a difference to other people’s lives and that’s what I have been trying to do,” Richard Layard, winner of the @ESRC lifetime achievement award @LSEnews Read more: ow.ly/diZ750CiTW0
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Professor Daniel Sturm to lead a £1.6m research project on the economics of cities. Funded by @ERC_Research @LSEEcon @lse_news Read: buff.ly/3vbta29
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New! How to measure monopsony power. By @Monica_Langella and @alanmanning4 Read: ow.ly/9jbH50Fr3tU
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The Brexit vote led to a fall in wages and training for British workers. A big drop in the pound caused a rise in import prices, which businesses absorbed by lowering pay and investment in skills. New CEP work cep.lse.ac.uk/pubs/download/… By @s_machin_ @swatdhingraLSE and Rui Costa
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COMING SOON: places are available to join the next @cepr_org -@DIE_GDI - CEP Globalisation seminar with @pol_antras discussing the future of global value chains. Details at: buff.ly/3dXlmdx
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Congratulations! to @swatdhingraLSE of @LSEEcon on joining the @bankofengland monetary policy committee. @LSEnews More: ow.ly/56qj50J6v8Z
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We’re hiring an RA to work on the cost-effectiveness of govt policy in terms of wellbeing it generates. The successful candidate will analyse various types of data, using econometric analysis. @econ_ra Closing: 8 May More info: ow.ly/bNgv50NTssa
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A new quantitative spatial model by @ReddingEcon and @daniel_m_sturm helps show the long-run effects of wartime destruction on the socioeconomic make-up of London neighbourhoods. Read: ow.ly/yTzq50RcfHX
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James O'Brien @LBC radio sums up why Britain is miserable in 3 simple points following landmark @CEP_LSE research shr.gs/kWy2WwP
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Congratulations! Philippe Aghion is awarded the Erasmus Medal of the Academia Europaea for outstanding work over a sustained time. “A truly global giant in his academic field”, says @acad_euro citation. @cepr_org @LSEnews @LSEEcon @cdf1530 @POID_LSE ow.ly/3Bga50HVuEp
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The "Great Gatsby" curve shows the strong association between inequality and intergenerational mobility. Higher income inequality corresponds to lower social mobility. @s_machin_ in CentrePiece magazine Read: ow.ly/b4iX30rXL56
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It's here! The much-anticipated video of @rodrikdani from @Kennedy_School (introduced by our director @s_machin_) speaking at our Industrial Policy conference in May is now online. piped.video/ORXzXQG26sQ @LSEEcon @LSEnews
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The 2022 CEPR/LSE Annual Symposium in Labour Economics is due to take place on 9-10 June 2022 in London. Keynote speakers: @sulealan_econ and @johnvanreenen @cepr_org @LSEnews Submission deadline: Fri 18 Feb (6pm GMT) Full details: ow.ly/NMGh50HPLHl
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Alan Krueger’s passing is a shock to those at the CEP that knew, admired and worked with him. From our director, @S_Machin_: “Very sad news, a brilliant economist and one of CEP’s great supporters over the years. RIP, Alan, you will be massively missed.” princeton.edu/news/2019/03/1…
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Romance? Bah. Economists find marriage can act as a form of insurance against job insecurity, especially for women. #valentinesday ❤️ Andrew E. Clark, @ConchDAmbrosio & @ALepinteur Read: cep.lse.ac.uk/_NEW/publicati…
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Switching from in-person to fully virtual interviewing for the economics job market saved thousands of tons of CO2-eq emissions and millions of euros for universities. Olivier Chanel, Alberto Prati and @Morgan_Raux Read: ow.ly/XwKZ50Hc5Aw
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We’re seeking a full-time research assistant to work with @daniel_m_sturm on quantitative models of cities. Ideal for someone considering applying for a PhD in economics or related fields. Closing date: Wed 15 Feb For more info, visit: ow.ly/Arn450MEFN2
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New report from CEP shows independence would hit the Scottish economy 2 to 3 times harder than Brexit Authors: Hanwei Huang @thom_sampson @patricksecon @lse_news @ESRC Read: ow.ly/ZldP50Dp0Kx
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We’re hosting an Industrial Policy conference. Keynote @Harvard @Kennedy_School’s @rodrikdani, a policy panel that includes Chief Economists Andy Haldane (@bankofengland) & @RainNewtonSmith (@CBItweets), & talks from @johnvanreenen @swatdhingraLSE @ufukakcigit + @LSEnews @LSEEcon
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Natural experimenters: Nobel laureates David Card, Joshua Angrist, and Guido Imbens By Jörn-Steffen Pischke for @voxeu voxeu.org/article/natural-ex…
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THREAD: Seminars next week at CEP… @FelixTintelnot (U Chicago) presents Wednesday’s CEP/LSE International Economics Seminar on how firms respond to foreign demand shocks to domestic production networks. More details: ow.ly/ZCpx50LnUrX
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New! Women are more likely to lose their jobs than men in the Covid-19 economic crisis – and they are more likely to be taking on extra housework & childcare whether working or not. Authors: @claudiahupkau of @CUNEF & Barbara Petrongolo of @QMUL Read: ow.ly/a7dq50zERlB
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THREAD: Seminars next week at CEP… on Monday @abicadams (Oxford) talks about the impact of living with an abusive spouse on labour market outcomes for women. Part of the @CEP_LSE and @STICERD_LSE Applications seminars: ow.ly/aKIK50LuahY
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In May, CEP hosted a workshop on Industrial Policy. #YearInReview2019 #CEP2019 Watch here bit.ly/36KfBdI Slides from: @rodrikdani @swatdhingraLSE @johnvanreenen @s_machin_ @mondpanther @imperialcollege; Ernest Liu of @Princeton & Andres Rodriguez-Clare of @UCBerkeley
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We invite you to submit a paper or express interest in attending the 2022 CEPR/LSE Annual Symposium in Labour Economics, bringing together leading economists working in any area of labour economics, on 9-10 June 2022. Full details: ow.ly/stPo50HOhKm
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We’re hiring a research assistant to assist with data matching, processing, modelling and analysis for research related to productivity. @johnvanreenen @poid_lse @econ_ra Closing: 31 Jan More info: ow.ly/gqVg50Qftqm
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Great to have @BarbaraBiasi speaking about her work, joint with @ProfSongMa at the CEP @STICERD_LSE Applications Seminar. Sign up for the seminar series here: cep.lse.ac.uk/_new/events/ap…
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Closing soon! We’re seeking a research assistant to work with @s_machin_ & @McmSandi on projects about education and crime. Experience in using Stata for analysing large scale micro data sets is essential. Closing: 23 May More info: ow.ly/teyK50OgLcI
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New CEP research on the gig economy and other “atypical” work: UK workers would give up ~35% of their hourly wage for holiday and sick pay. In the US it’s 27%. British workers would give up ~50% of their pay to have a steady job. Work by @Nik_Datta. cep.lse.ac.uk/pubs/download/…
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Productivity growth means we can do more with less. It really matters for people's pay and people's standard of living says @johnvanreenen at #LSEEnvironmentWeek event
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The linear algebra of economic geography models by @BennyKleinman @ErnestLiuEcon & @ReddingEcon Read: ow.ly/C5qj50P8KrY
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Will Covid-19 lead to a big city exodus? @henryoverman & @iammaxnathan look at how forced alterations to our lives could affect cities in the long term. In CentrePiece magazine - out today Editor: @econromesh @LSEnews @LSEGeography @CASAUCL Read: ow.ly/v6sn50DKWuT
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New! Economists call for lockdown decision to consider a wide range of factors affecting people’s wellbeing. #covid19 By Richard Layard, Andrew Clark @jedeneve Christian Krekel @Daisy_Fancourt Nancy Hey @Work_Life_You @WhatWorksWB & Gus O’Donnell Read: ow.ly/2jhL50zmCy1
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Policies to raise human capital raise productivity via a direct impact on worker skills, and via an indirect effect as firms with a skilled workforce are more likely to adopt better management practices, write @asvalero and Andy Feng blogs.lse.ac.uk/businessrevi… via @LSEforBusiness
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Why do people want to live in cities? This study looks at the value of being able to access not just work - but restaurants, coffee shops, bars, shops, the cinema, theatre, music venues and museums. @MiyauchiYuhei Kentaro Nakajima & @ReddingEcon Read: ow.ly/v3Zo50DKVJH
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. @ReddingEcon reviews quantitative urban models and shows that concentration of economic activity in cities cannot be explained by natural advantages alone, but are also due to substantial agglomeration forces. Read: ow.ly/IBYB50MAgfs
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We’re seeking two occasional research assistants to work with @KirchmaierTom & @m_dominguezp on projects examining police demand and criminal outcomes in the UK. @econ_ra Closing: 15 Nov More info: ow.ly/R7Tn50Q3ntE
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We’re seeking a research assistant to work on the quantitative models of cities, using data from Denmark and other countries. @econ_ra Closing: 29 Jan 2024 More info: ow.ly/2EY050Qijee
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Women face a greater risk of unemployment and lose a larger share of their earnings than men in the first 2 years after losing a job, reveal @RiaIvandic and @AnSoLassen In CentrePiece magazine. Read: ow.ly/U1JP50QBGgh
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🎺 Congratulations to Richard Layard! 🎺 Winner of the @ISQOLS_org 2020 Distinguished quality-of-life researcher award. More here: isqols.org/page-18231
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We’re seeking a research assistant to work on projects relating to education and crime. The role includes assisting with the cleaning, merging, and preparation of large micro data sources for modelling & analysis. @econ_ra Closing: 23 May More info: ow.ly/hUOv50OgLa3
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We’re hiring! Apply for this Research Economist role, to work with Christian Krekel & Richard Layard on the impacts and cost-effectiveness of policy options on the wellbeing of those affected in the population. Closing: Mon 13 Mar For more, visit: ow.ly/V7as50N4rNG
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New! A review of the theoretical and empirical literature on trade and innovation by Marc Melitz and @ReddingEcon Read: ow.ly/lbcI50Fdg8I
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Out now! The Self-Employment Trap? by @RobABlackburn @s_machin_ and @MariaVentura05 Around two-in-five self-employed workers would switch to a salaried job if they could get the same pay. @LSEnews @LivUnivEntrep @LivUni Read: ow.ly/WOkQ50POfO2
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Employee wellbeing = profitability. Companies w/ higher employee satisfaction have higher productivity, higher customer loyalty & lower turnover. New CEP work by @jedeneve, Christian Krekel, @georgewward. cep.lse.ac.uk/_new/publicati…
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VACANCY: We're looking to appoint a full time Research Economist assisting Professors Stephen Machin and Henry Overman with work on the Economy 2030 project, exploring themes of people, places, firms, Covid-19, Brexit and Net Zero. For more detail, visit: ow.ly/gOjO50HfiSW
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Our Centre Manager Nigel Rogers, a man of many talents.
Nigel Rogers, Manager @CEP_LSE, performs his piano recital of #JSBach and #Brahms at today's #LSEArts Lunchtime Concert 🎹
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Have experience of analysing large-scale micro data sets and an interest in wellbeing & public policy? We’re seeking an RA to work on the cost-effectiveness of govt policy in terms of the wellbeing it generates. @econ_ra Closing: 8 May More info: ow.ly/Xgw150NTsYr
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THREAD seminars next week at CEP: @dix_rafael explores how to understand migration responses in ways that overcome issues in commonly used models. The first of 2023’s International Economics seminars: ow.ly/ZCpx50LnUrX
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Have experience of using programming languages to analyse data sets & think through economic problems analytically? @daniel_m_sturm is seeking a research assistant for a project on the economics of cities Closing date: Wed 15 Feb For more info, visit: ow.ly/Fvf350MEFZM
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Does parental job insecurity affect children’s educational outcomes? New research from @RuizvalenzuelaJ suggests children whose fathers are on fixed-term contracts are more likely to leave education at age 16 than those whose fathers have permanent jobs. sciencedirect.com/science/ar…
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New! Areas with dense populations are more likely to have an early outbreak of Covid-19, but not more likely to have a severe outbreak. @CarozziFelipe Sandro Provenzano @Sefi_Roth_ Read: ow.ly/9qpX50B1t98
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Very exciting! @johnvanreenen to lead a programme to find ways in which the UK’s most innovative products, services and technologies can boost productivity across the country. esrc.ukri.org/news-events-an… via @ESRC
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Welcome to @rodrikdani @kennedy_school speaking on the future of economic development strategies. The first in the new series of joint monthly seminars from CEP @cepr_org & @DIE_GDI Livestream here: piped.video/watch?v=xsyQQ07y…
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VACANCY: CEP is looking for an occasional RA to work with Dr. @pwlbukowski and @JiaqiLi_Yes collecting firm- and patent-level data, and conducting statistical analysis. For full details and to apply, visit: ow.ly/mh2G50IGnS5
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New research! Eat Out To Help Out scheme had ‘limited effect’ on business and jobs. Authors: @NicolsGonzlezP4 Gonzalo Nunez-Chaim Katharina Ziegler @whatworksgrowth @LSEnews @ESRC Read: cep.lse.ac.uk/pubs/download/…
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Papers wanted from PhD students and faculty in all areas of the economics of environment and energy. LSE Environment Week Conference London 20-23 Sep 2022 Deadline for papers: Mon 18 July @POID_LSE @STICERD_LSE @The_IGC @ESRC @ERC_Research @GRI_LSE lse-environment-week.com/
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New analysis! The Covid-19 recession is having a disproportionate impact on the most vulnerable workers. Authors: Brian Bell of @KingsCollegeLon ,Mihai Codreanu of @OxfordEconDept and CEP director @s_machin_ Read more here: ow.ly/M7ng50AZxln
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New! A summary of the literature linking education and economic growth By @asvalero Read: buff.ly/3e1RsWP
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The Covid generation faces a ‘dark age’ of low social mobility and long-term damage to future life prospects. New report! out today from @Lem_Exeter and @s_machin_ Read here: ow.ly/4hJ250zR8V4
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Closing soon! We're seeking a research assistant to work with @johnvanreenen on researching how to boost productivity through nurturing innovation. Experience of analysing large scale datasets is essential. Closing: Tue 28 Feb @POID_LSE @econ_ra More: ow.ly/vVBL50MZoC6
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New! To mark #IWD2023 , some of our economists talk about why they chose to work in economics, their research, and its importance to our society. @swatdhingraLSE Ekaterina Oparina @mariaventura05 @asvalero @ChiaraCavaglia @LSEnews @POID_LSE @ESRC ow.ly/NrSy50NbU2Y
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Do you have the ability to: ✅ Use Stata or similar programs ✅ Interpret and analyse trends in data ✅ Convey complex info in simple terms Then apply for our RA role working on ed and crime research. Closing: 23 May More: ow.ly/8EZh50OgLl5
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Great to see @StephanHeblich @ReddingEcon & Hans-Joachim Voth ‘s paper Slavery and the Industrial Revolution, covered in @TheEconomist ow.ly/HiQA50MtUuz
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“Net-zero investments are attractive investments, which in addition to addressing the climate crisis can improve energy security and resource efficiency, and generate a variety of co-benefits.” @asvalero @johnvanreenen Esin Serin ow.ly/PvbR50POfSr
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Double whammy of Brexit and Covid-19 will trigger fall in UK house prices New analysis out today From Paul Cheshire @ChrisAHilber & Olivier Schöni @LSEGeography @LSEnews Read: ow.ly/dDqH50Eb0Km
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You’re not going to get a happy society if everyone is just pursuing their own happiness, says Richard Layard. #WHR2023 @UNSDSN @HappinessRpt
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New! Does regulation affect the pace and nature of innovation and if so, by how much? By Philippe Aghion @a_bergeaud and @johnvanreenen Read: ow.ly/C0xd50Depwk
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In France, the relationship between the size of firms and number of firms breaks down around 50 employees – as regulations kick in. How does this affect innovation? Philippe Aghion, Antonin Bergeaud @johnvanreenen in CentrePiece Read: ow.ly/JXXN50FrR3w
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Well-managed firms make more accurate forecasts of both their own growth and GDP growth. By Nicholas Bloom, Takafumi Kawakubo, Charlotte Meng, @MizenPaul @rebeccasriley Tatsuro Senga @johnvanreenen @LSEEcon Read: ow.ly/ubkV50HsY3f
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TODAY: Our online Wellbeing seminars continue with ‘Now unions increase job satisfaction and wellbeing’ by @AlexanderBryson (UCL), joint with @D_Blanchflower (Dartmouth). Series details: ow.ly/PvMz50CbdLG
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. @JonathanColmer Mary F. Evans & @jayshimshack provide comprehensive evidence on citizen complaints related to environmental concerns. They find citizen complaints enhanced regulatory efficiency. ow.ly/O0fu50Nf6PX
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'COVID-19, along with climate change, could be the equivalent of the Great Depression and WWII in forcing a sea change in economic thinking and policy' say Samuel Bowles and Wendy Carlin ow.ly/bk1d50zsMl4
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Great to welcome Simon Jäger from @MIT to London for his CEP / @STICERD_LSE seminar 'Labor in the Boardroom'. Read the full paper here: ow.ly/t6yc50yu7SL
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We’re seeking a Research Economist to work on the wellbeing cost-effectiveness of major gov’t policy options. The project will lead to a high-profile published report, where the successful candidate will be a co-author. Closing: Mon 13 Mar More info: ow.ly/1sEi50N4rIV
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This paper looks at the evidence on human capital policies for stimulating innovation: eg expand the home-grown workforce, foster immigration, boost universities & reduce barriers into inventor careers, esp for under-represented groups @johnvanreenen buff.ly/3sSLv2F
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Today’s second speaker is @MichelaTincani from CEPR and @EconUCL presenting Incentive effects of preferential admissions under biased beliefs: Evidence from a policy randomization and a structural model co-authored with Fabian Kosse (LMU Munich) and Enrico Miglino (UCL)#LE2020
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The UK had the second worst real wage growth among developed countries (OECD) between 2007 and 2018 – only Greece did worse. CEP Election Analysis on the labour market from Rui Costa and @s_machin_ ow.ly/BKxs50xiSbp
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VACANCY: We’re seeking a full-time Research Assistant to assist @s_machin_ and @McmSandi on projects relating to education and crime. Closing date: Mon 23 May More info: ow.ly/XOYr50OgIN9
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Much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. By new #NobelPrize winner David Card, with Stefan Bender, Nicholas Bloom, @johnvanreenen and Stefanie Wolter Read: ow.ly/yg6E50Gphf9
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Neighborhood Effects: Evidence from Wartime Destruction in London By @ReddingEcon and @daniel_m_sturm Read: ow.ly/2pSU50Rc2my
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The Spring 2019 CentrePiece, CEP's magazine, is out today! cep.lse.ac.uk/centrepiece "Lessons from Economic History"-engaging reads on leading research. THE PRINTING PRESS REAGANOMICS BERLIN WALL IRON AGE TRADE STEAM RAILWAYS 1930s GERMANY CLEAN GROWTH @econromesh @LSEnews @LSEEcon
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Research on endogenous innovation and growth has delivered fundamental new insights about the nature of economic growth and the role played by international trade. By Marc Melitz and @ReddingEcon Read: ow.ly/GA8550FhpVj
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Children's educational outcomes are affected by how secure their fathers' jobs are. Research from @RuizvalenzuelaJ sciencedirect.com/science/ar…
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We're hiring! CEP is looking for a research assistant to work on a project looking at spatial inequality. Ideal for economists with experience of micro data and an interest in policy-relevant analysis. for more details, visit: ow.ly/1jsc50Ff4c7
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