Publications
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, February 2020, no 251.
In the past two months some of the uncertainties around the trade war between the US and China have settled. The negotiations between the US and China have culminated in the Phase One agreement, which was signed...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2019, no 250.
The issue of whether fiscal and monetary policy should be coordinated is a hotly debated topic in the Euro Area. In September, the ECB cut the deposit interest rate and announced a new Quantitative Easing...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2019, no 250.
On 12 September 2019, the ECB Governing Council announced a comprehensive package of stimulatory measures in response to a weaker outlook for growth and inflation and a concern that inflation expectations were...
Type: Economic Review Preview
In this box, which we published in our latest Review, NIER No. 249 August 2019, we evaluate the macroeconomic effects of expansionary fiscal policy measures on the UK economy. We consider two fiscal packages, one based on Labour Party policy and one based on some of the policies put forward...
Type: Economic Review Preview
This concise summary aims to illustrate the assumptions underpinning our view on the aggregate impact of a No-Deal Brexit on the UK economy, which we published in our latest Review, NIER No. 249 August 2019.
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2019, no 249.
In this box, prepared by NIESR's economists Arno Hantzsche and David Nguyen, we highlight the importance of reinvestments alongside new investment projects and shows that to bolster future welfare, policy...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, May 2019, no 248.
Inversions of the yield curve have a good track record of predicting recessions (see Estrella and Mishkin, 1998; Chinn and Kucko, 2015). The 10-year to 3-month spread between US Treasury yields became briefly negative...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, May 2019, no 248. Sustained low investment constitutes a major area of concern for the UK economy, with consequences for living standards in the longer term. In this box, prepared by NIESR Senior Economist Cyrille Lenoel, we review the...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, February 2019, no 247.
With the long expansion phase since the recession bringing the rise in indebtedness into focus, it is natural to consider how real house prices in the advanced economies have fared in the expansion. In this Box...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, February 2019, no 247.
The UK labour market has become more interconnected. What are the macroeconomic implications of this trend?
In order to understand trends in aggregate labour market outcomes, such as wage and productivity...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2018, no 245.
"The consumer price index is a fundamental economic statistic for households, firms and policymakers. This number summarises the prices of hundreds of thousands of goods and services across the country. Yet the...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2018, no 245.
This Box, prepared by NIESR Economist Marta Lopresto, addresses the heterogeneity of fiscal positions in the Euro Area, with a view to examining the effectiveness of fiscal expansions undertaken individually and...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2018, no 245.
This Box, prepared by NIESR Principal Economist Iana Liadze, uses NIESR’s Global Econometric Model (NiGEM) to run stylised scenarios to investigate the impact of recent increases in tariffs on US and Chinese...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, May 2018, no 244.
This Box, prepared by NIESR Principal Economist Iana Liadze and NIESR Senior Economist Arno Hantzsche, analyses who wins and who loses from erecting new barriers to trade and focuses in particular on the effect of...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, May 2018, no 244.
This Box, prepared by NIESR Senior Economist Cyrille Lenoel, reviews the literature on the predictive power of the yield curve, with a particular focus on the United States, and compute the current implied...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, May 2018, no 244.
This Box, prepared by NIESR Senior Economist Jason Lennard, investigates the degree to which economic growth has been synchronised across twenty OECD countries from the first age of globalisation to the present.
"...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, February 2018, no 243.
This Box, prepared by NIESR Senior Economist Jason Lennard and Konstantinos Theodoridis, Professor of Macroeconomics at Cardiff Business School, analyses how an exogenous increase in the price of oil might...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, February 2018, no 243
This Box, prepared by NIESR Associate Research Director for Global Macroeconomics Barry Naisbitt and Database Manager Yanitzsa Kazalova, outlines why we downgraded the outlook for productivity growth in the UK...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, February 2018, no 243
This Box, prepared by NIESR Principal Economist Iana LIadze and Senior Economist Arno Hantzsche, analyses the effects that a possible announcement by the European Central Banks of ‘quantitative tightening’ may...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2017, no 242
This Box, prepared by NIESR Senior Economist Arno Hantzsche, outlines the interplay between private and public sector wage growth in the UK
"Political pressure is mounting to lift the cap on public sector pay...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2017, no 241
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 241) that will be published on Wednesday 2nd August, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2017, no 241
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 241) that will be published on Wednesday 2nd August, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2017, no 241
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 241) that will be published on Wednesday 2nd August, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2016, no 238
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 238) that will be published on Wednesday 2nd November, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2016, no 238
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 238) that will be published on Wednesday 2nd November, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2016, no 238
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 238) that will be published on Wednesday 2nd November, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, November 2016, no 238
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 238) that will be published on Wednesday 2nd November, we release a series of boxes, each of them looking at specific aspects of ...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2016, no 237
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 237) that will be published on Wednesday 3rd August, we release a series of boxes, each of them looking at specific aspects of the...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2016, no 237
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 237) that will be published on Wednesday 3rd August, we release a series of boxes, each of them looking at specific aspects of the...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2016, no 237
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 237) that will be published on Wednesday 3rd August, we release a series of boxes, each of them looking at specific aspects of the...
Type: Economic Review Preview
This is a preview from the National Institute Economic Review, August 2016, no 237
Ahead of the forthcoming issue of the National Institute Economic Review (NIER no. 237) that will be published on Wednesday 3rd August, we release a series of boxes, each of them looking at specific aspects of the...
