Publications
Type: Policy Paper
Political deadlock and constitutional crisis does not necessarily spell economic doom. The UK economy is at full employment and in desperate need of investment to enhance productive capacity. But waiting for the outcome of this tortuous EU Exit process has produced an economic delay. Output is...
Type: Policy Paper
This short paper explores the evolution of regional economic disparities in the UK from the 1960s until now. While there have always been economic disparities, more than two thirds of places now are less productive than the national average. Regional differences are discussed in terms of incomes...
Type: Policy Paper
You can also view the evidence as submitted to the Treasury Committee on the Treasury Committee website
The UK is set to leave the European Union at the end of March 2019. The process of leaving was triggered by the result of the Advisory Referendum held on 23 June 2016, which led to invocation of...
Type: Policy Paper
This policy paper reviews the report ‘Financing Investment’, commissioned by the Shadow Chancellor from GFC Economics and Clearpoint Advisors, and published on 20th June 2018. The authors say that the report ‘should not be taken to represent the views of the Labour Party or the Shadow Chancellor...
Type: Policy Paper
Abstract
Computable General Equilibrium (CGE) trade models are helpful and widely used laboratories to study the economic effects of changes in trade policy and in particular different Brexit scenarios.
Both the calibration of the structural parameters of the model (e.g. trade elasticity) and the...
Type: Policy Paper
Chancellor Phillip Hammond presented the first Spring Statement yesterday. This was not the occasion to expect new fiscal policies or for rabbits out of a hat – we were told that in advance – even the symbolic red budget box was missing. The Chancellor kept to his promise and made this a non-event...
Type: Policy Paper
Professor Jagjit S Chadha's written evidence submitted to the Treasury Committee on 29th November 2017 (written evidence can also be found here)
Type: Policy Paper
Alongside access to the singlemarket, EU immigration policy is arguably the most important issue facing employers and policymakers resulting from the UK’s decision to leave the European Union. At the time of publication, shortly after the General Election result and with a hung parliament
in place...
Type: Policy Paper
This is the third in our our new Policy Paper series, written by members of the National Institute of Economic and Social Research to specifically address a public policy issue. These may be evidence submitted to a public or parliamentary enquiry or policy research commissioned by a third party...
Type: Policy Paper
UK monetary policy, following the 2008 recession, was effective at preventing the crisis from having a bigger effect than it otherwise might have done. As a result of experimenting with quantitative easing (an expansion in the Bank’s balance sheet) and qualitative easing (a change in the risk...
Type: Policy Paper
This is the first in our our new Policy Paper series, written by members of the National Institute of Economic and Social Research to specifically address a public policy issue. These may be evidence submitted to a public or parliamentary enquiry or policy research commissioned by a third party...
