Devolution in the UK: Submission to the Smith Commission

The outcome of the Scottish referendum shows that the clear will of the Scottish people is to stay in the UK. For the first time it can be said that the union of the two largest nations is entirely consensual.

Does worker wellbeing affect workplace performance?

Employee wellbeing is increasingly a focus of government attention in the UK and elsewhere. It is viewed as a legitimate target of government policy in its own right, but there are also reasons to think that improvements in employees' wellbeing may be conducive to economic growth. This paper focuses on the subjective wellbeing of employees and its potential impact on workplace performance. As yet there is relatively little empirical evidence on the relationship between employees' subjective wellbeing and workplace performance. This paper begins to fill that gap for Britain.

Capital Constraints, Lending over the Cycle and the Precautionary Motive: A Quantitative Exploration

In the wake of the financial crisis, financial regulators have developed new tools. Among these tools are countercyclical capital buffers, which aim to decrease the procyclicality of bank lending. The idea is that capital buffers should rise in good times, to build up high levels of equity capital. Then in bad times, capital requirements can be loosened, to encourage banks to lend more during the downturn, in an attempt to stimulate the economy.

Employers' Pension Provision Survey 2013


This report presents findings from the 2013 Employers' Pension Provision Survey (EPP 2013). EPP 2013 was commissioned by the Department for Work and Pensions and undertaken by TNS-BMRB Social Research and the National Institute of Economic and Social Research. The 2013 survey was the latest in a series, with previous surveys having been conducted approximately biennially since 1994.

The World Economy

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The prospects for achieving the 2020 child poverty targets

New research looking at the prospects for achieving the child poverty targets “Understanding the parental employment scenarios necessary to meet the 2020 child poverty targets” was published today by the Social Mobility and Child Poverty Commission. It was carried out for the Commission by Howard Reed at Landman Economics and Jonathan Portes at NIESR.

How Place Influences Employment Outcomes for Ethnic Minorities

This research looks at the influence of location on employment for ethnic minorities, asking why ethnic minority people fare disproportionately worse in the labour market in areas of high deprivation.

It examines the roles of culture, racism and class, and of familial, community and state support in affecting employment outcomes. It found that:

Racism in education and employment varies by locality, contributing to differences in outcome by location.

Knowledge of education and labour market systems, and how to negotiate them, affects employment outcomes.

R&D policy and Schumpeterian Growth: Theory and Evidence

In recent years, a large body of empirical research has investigated whether the predictions of second- generation growth models are consistent with actual data. This strand of literature has focused on the long- run properties of these models by using productivity and innovation data but has not directly assessed the effectiveness of R&D policy in promoting innovation and economic growth. In the present paper, we fill this gap in the literature by providing a unified growth setting that is empirically tested with US manufacturing industry data.