Macroeconomics

Publication date: 6 Dec 2019 | Publication type: General Election Briefing | Theme: Macroeconomics | Authors: Hantzsche, A, Young, G
Most economic analyses of parties’ tax and spending promises treat the government’s budget like that of a household, ignoring the impact of proposed policies on the economy.  This briefing aims to fill this gap by providing a macroeconomic assessment of announced fiscal policies. It focuses on: The...
Publication date: 25 Nov 2019 | Publication type: General Election Briefing | Theme: Macroeconomics | Authors: Hantzsche, A, Young, G
Brexit dominates political debate and divides opinion.  The main political parties have different positions on this issue, ranging from cancelling Brexit (Liberal Democrats) to seeking a ‘clean-break’ (Brexit Party). The Prime Minster wants to ‘get Brexit done’ on the terms of the deal negotiated...
Publication date: 22 Nov 2019 | Publication type: Business Conditions Forum Summary | Theme: Macroeconomics
  International Trade The meeting discussed latest trends in international trade. The discussions were centred around the following five questions: 1. How much has global trade slowed? 2. Is the slowdown structural? 3. What are the effects from China-US tariffs on UK? 4. What risks arise from the...
Publication date: 13 Nov 2019 | Publication type: NIESR CPI Tracker | Theme: Macroeconomics | Authors: Boshoff, J
Change to Energy Price Caps Impacts Inflation According to figures released this morning by the ONS, consumer price index inflation decreased to 1.5 per cent in the year to October 2019. Our new analysis of 129,752 locally-collected goods and services prices suggest that consumers benefitted from...
Publication date: 12 Nov 2019 | Publication type: NIESR Wage Tracker | Theme: Macroeconomics | Authors: Hantzsche, A
Uncertainty Taking Toll on Labour Market Main points According to new ONS statistics published this morning, UK average weekly earnings (AWE) expanded by 3.6 per cent (excluding and including bonuses) in the three months to September compared to the year before (figure 1). With CPI inflation at 1....
Publication date: 11 Nov 2019 | Publication type: NIESR GDP Tracker | Theme: Macroeconomics | Authors: Young, G
Output Stagnating After Mid-Year Rebound Please find the full commentary in the attachment
Publication date: 30 Oct 2019 | Publication type: National Institute Economic Review | Theme: Macroeconomics, Exiting the EU & Britain after Brexit | Authors: Hantzsche, A, Young, G | Journal: National Institute Economic Review Issue 250 | Publisher: Sage Publications, London
On 17 October 2019, the UK government and its EU counterparts concluded a renegotiation of the previous withdrawal agreement and political declaration which sets out the framework for their future relationship. The government hoped that this would enable the UK to leave the EU on 31 October 2019...
Publication date: 30 Oct 2019 | Publication type: National Institute Economic Review | Theme: Macroeconomics, Exiting the EU & Britain after Brexit | External authors: Donnelly, M | Journal: National Institute Economic Review Issue 250 | Publisher: Sage Publications, London
Government post-Brexit will face sustained and difficult challenges as the UK adjusts to its new situation. Yet these challenges risk being exacerbated by fundamental changes in UK political debate that are affecting the perceived legitimacy and effectiveness of the system and structures of...
Publication date: 30 Oct 2019 | Publication type: National Institute Economic Review | Theme: Macroeconomics, Exiting the EU & Britain after Brexit | Authors: Armstrong, A | Journal: National Institute Economic Review Issue 250 | Publisher: Sage Publications, London
Brexit creates deep challenges for the UK’s structure of governance; not least concerning the degree and manner in which powers are devolved within one of the most centralised countries in the world. Departing from the EU is likely to exacerbate regional inequalities and possibly social divide,...
Publication date: 30 Oct 2019 | Publication type: National Institute Economic Review | Theme: Macroeconomics, Exiting the EU & Britain after Brexit | External authors: Jones, R, Llewellyn, J | Journal: National Institute Economic Review Issue 250 | Publisher: Sage Publications, London
A backlash against numerous inequalities – and in particular against perceived unfairness in society – is a significant driver of the UK’s current political malaise. Addressing inequalities between income groups, regions and generations will thus be key to re-establishing faith in government and...

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