Productivity Dynamics in the Great Stagnation: Evidence from British businesses

We investigate labor productivity dynamics amongst British businesses in the wake of the credit crisis of 2007/8. The external restructuring of firms (i.e. changes in market share, firm entry and exit) contributed to a fall in productivity growth relative to trend amongst small businesses in bank dependent industries, consistent with the idea that an adverse credit supply shock caused inefficiencies in resource allocation across firms.

Evidence to Scottish Parliament by Dr Angus Armstrong, April 2015

The National Institute of Economic and Social Research (NIESR) continues to put public debt at the centre of its analysis on the constitutional options for devolving further powers within the UK. This was at the heart of our analysis of Scotland’s currency options. We are concerned that the Smith Commission, the Treasury and emerging proposals for ‘Full Fiscal Autonomy’ (FFA) or ‘Full Financial Responsibility’ underestimate the importance of Scotland’s borrowing capacity and the misalignment of incentives in the tiers of UK government.

Rethinking industrial policy design in the UK: foreign ideas and lessons, home-grown programmes and initiatives

There is now renewed interest in the UK in the potentially beneficial economic effects of industrial policy, that is, government policies designed to influence the structure of output and employment. Much public discussion and debate on this subject emphasises the lessons that can be learned from other countries which have proved in recent decades to be more successful in terms of innovation and the commercialisation of the results of research and innovation.

"Open for Business?" The UK's Future as an Open Economy

This is the first in a series of articles that looks at the role of the UK as a global trading nation.  What are the challenges, and what are the key decisions facing policy makers, particularly in the first few months of the next Parliament?  In this first part Jonathan Portes introduces some of the themes that he will be exploring over the coming months.

Building the Best Jobs Market in the World - The Expert View

A collection of essays, including "Migration, growth and jobs: a positive agenda" by Jonathan Portes

ShareCo Global Report 2014

The study reports results from a global survey of employees in ShareCo. The aims of the survey were to investigate: 

  • employees’ understanding of the share plan operating in their country
  • levels of participation and the depth of employees’ investments in the plan
  • the impact of the share plan on employees’ motivation and commitment to the company.

Local authority schemes supporting people towards work - An independent report for the Local Government Association

This report presents evidence of how local authorities are supporting people towards work through employment and skills programmes. We use evidence from programmes in nine local authorities selected to represent a range of provision in terms of target groups and interventions. The LGA commissioned NIESR to do the research in 2014 with interviews with local authorities taking place during July and August.

Evaluation of Day One mandation of prison leavers to the Work Programme

This report presents findings from the evaluation of day one mandation of prison leavers to the Work Programme. The evaluation examined policy implementation and programme delivery of day one mandation. The latter investigated delivery in prisons, Work Programme provider delivery and the claimant experience.

Work Programme Evaluation: Operation of the commissioning model, finance and programme delivery

This report brings together and summarises the key evidence available from the 2013 and 2014 waves of the Work Programme evaluation relating to the commissioning model, finance and programme delivery, together with evidence from provider surveys from 2012, 2013 and 2014. The report explores the impact of the commissioning model on the provider market, the operation of financial model and programme delivery.

Policy Scotland

Speech given at Glasgow University on 4th December 2014