Dr Martin Weale on UK GDP Data /26.01.2010/- Video LINK

National Institute Economic Review

The current issue of the National Institute Economic Review focuses on policy responses to the collapse of the financial sector, and was published on Wednesday, 3rd February 2010.

The full version is available by contacting Sage Publications at http://ner.sagepub.com./.

How to Pay for the Crisis

Barrell, R., Hurst, I., and Kirby, S. - How to Pay for the Crisis or Macroeconomic implications of pension reform, NIESR Dp no. 333

The national debt stock of the UK is rising sharply as a result of the economic crisis, and equilibrium output is falling, with the capital stock contracting. Both problems could be alleviated by the rapid introduction (but slow implementation) of a policy to extend working lives. The paper analyses a delayed extension of working lives in the UK. A distinction is drawn between the impacts of these changes on output (GDP) and income (GNP) in open economies with capital mobility. Increasing working lives will in equilibrium raise consumption and tax revenues and reduce pension spending. These gains by the government can be used to improve services, cut taxes or pay off debts.

Press Releases

Prospects for the UK economy by Barrell, R. and Kirby, S. /02.02.2010/

Prospects for the World economy by Barrell, R. and Holland, D. /02.02.2010/

December 2009 GDP estimates by Weale, M. /13.01.2010/

November 2009 GDP estimates by Weale, M. /08.12.2009/

What PBR 2009 Should Contain by Barrell, R. and Kirby, S./04.12.2009/

EUROFRAME: Economic Assessment of the Euro Area by Barrell, R., Holland, D. and Kirby, S. /03.12.2009/

How to Pay for the Crisis by Barrell, R. and Weale, M. /06.10.2009/

GDP Estimates

View December 2009 GDP estimates, released 13th January 2010.

NIESR's GDP estimates subscription service.

Forthcoming Events

NIESR Employment Seminar Series

Stone Lecture 2010

Latest Discussion Papers

Weale, M. - A Cost-benefit Analysis of Cataract Surgery based on the English Longitudinal Survey of Ageing, NIESR Dp no. 349

Mitchell, J., Weale, M. and Solomou, S. - Monthly and quarterly GDP estimates for interwar Britain, NIESR Dp no. 348

Oulton, N. and Rincon-Aznar, A. - Rates of Return and Alternative Measures of Capital Input: 14 Countries and 10 Branches, 1971-2005, NIESR Dp no. 347

van de Ven, J., Weale, M. - Consumption, Employment Uncertainty, and Capital Losses, NIESR Dp no. 346

Weale, M. - Pensions Policy and the Recession, NIESR Dp no. 345

Barrell, R., Liadze, I. - Project on Consumption and Saving for the DWP - Comparative Analysis of Consumption and Saving in the UK and US, NIESR Dp no. 344

Weale, M. - Saving and the National Economy, NIESR Dp no. 340

Lui, S., Mitchell, J., Weale, M. - The utility of expectational data: Firm-level evidence using matched qualitative-quantitative UK surveys , NIESR Dp no. 343

Mitchell, J., Garratt, A., Vahey, S.P. - Measuring Output Gap Uncertainty, NIESR Dp no. 342

Bryson, A., Addison, J.T.,Teixeira,P.,Pahnke, A. and Bellmann, L. - The Extent of Collective Bargaining and Workplace Representation: Transitions between States and their Determinants. A Comparative Analysis of Germany and Great Britain, NIESR Dp no. 341

Barrell, R., Hurst, I., and Kirby, S. - Macroeconomic implications of pension reform, NIESR Dp no. 333

Latest Publications

Rincon-Aznar, A., Robinson, K. and O'Mahony, M. - The Competitiveness Report 2009, Report to European Commission

NiGEMWEB

NiGEMWEB is the new web-based product designed to provide economists with the latest forecasts. More informations.