Throughout the year, we run a range of public lectures, workshops, roundtables, press briefings and seminars to share the findings of our research, and facilitate the debate of these important issues.
Designed exclusively for our NiGEM subscribers, this training workshop will cover an introduction to the fiscal block in NIGEM, including fiscal multipliers. There will be several practical examples of how to introduce fiscal plans into NIGEM, both by using point and click wizard as well as more complex edit variable…
Designed for NiGEM subscribers, this workshop examines aggregate supply in NiGEM with a focus on labour shocks (including participation rate, employment and productivity), as well as commodity shocks.
NIESR hosted a conversation between Shamik Dhar and Stephen King, discussing some of the themes in Stephen's new book, 'We Need To Talk About Inflation'. Inflation can have a corrosive effect on social stability, as NIESR has regularly argued, leading to an arbitrary redistribution of income and wealth. It has…
An evidence session of the Productivity Commission, which focuses on what and how productivity can be improved, particularly looking at 'The Role of Public Investment in Growth'. The Commissioners put questions to our witnesses. Our witnesses include: Urvashi Parashar (Chief Impact Officer and Chief Economist, UK National Infrastructure Bank) Urvashi’s…
As the Carolean era commences with King Charles III being formally crowned, this event featured a discussion between Eshe Nelson (New York Times) and Russell Jones, as he examined the themes in his latest book “The Tyranny of Nostalgia: half a century of British economic decline”. With policymakers unwilling, or…
On 2 June 1938 with funding from the Rockefeller Foundation, the Pilgrim Trust, the Leverhulme Trust and the Halley Stewart Trust, the National Institute of Economic and Social Research was formed. Now, 85 years to the day, we marked the occasion with a panel discussion on "The Failure of Economic…
In December 2022 the Government announced a package of reforms aimed at driving growth and competitiveness in the financial services sector. Known as the 'Edinburgh Reforms', they comprise four main areas: a competitive marketplace promoting effective use of capital; sustainable finance; technology and innovation; and consumers and business. As part…
Designed for subscribers to our macro-econometric model - NiGEM - this training workshop covers additional examples of trade shocks in NIGEM, including adjustment to trade shares (an approach that was used in our analysis of Brexit and the impact of the Russia-Ukraine war). The session will incorporate a step-by-step guide…
This training workshop, designed for users who are already familiar with NiGEM, will include examples that illustrate the difference between endogenous and exogenous shocks, how default expectations can be changed and what the implications of the change. The workshop will look at how income constraints can be changed in the…
Aimed at users who are familiar with NiGEM, this workshop offers a guide to implementing the NGFS transitions scenarios, as well as modifying transition inputs to investigate alternative possibilities. It includes useful pointers of where the NGFS climate model and related files can be found on NIGEM website.
Jon Hall (Financial Policy Committee of the Bank of England) speaks about the dynamic nature of leverage and the tension between deleveraging activity and financial stability. Jon talks on the Liability Driven Investment structures that amplified the market shock of autumn 2022. In particular, Jon sets out that when asset…