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The UK’s productivity puzzle and its implications for government policy. #productivitypuzzle #firmproductivity #immigration #growth #competition

July 14, 2017by philipbball Leave a comment

Introduction Despite a strong recovery in employment relative to the US, the remarkable underperformance of UK productivity (measured by output per hour, see figure 1) in the wake of the […]

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February 23, 2017by philipbball Leave a comment

from Dean Baker Yes, as Un-American as that may sound, Bill Gates is proposing a tax that would undermine Donald Trump’s efforts to speed the rate of economic growth. Gates […]

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Structural reforms to revive growth in Europe: necessary but not sufficient

February 23, 2017by philipbball Leave a comment

ECOSCOPE By Aida Caldera Sánchez, European Union Desk, and Nicolas Ruiz, Structural Surveillance Division, OECD Economics Department After many years characterised by output losses or quasi-stagnation, steadier growth appears to […]

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The Best vs. the Rest: The Global Productivity Slowdown Hides an Increasing Performance Gap across Firms

February 23, 2017by philipbball Leave a comment

ECOSCOPE By Dan Andrews (Senior Economist, Economics Department), Chiara Criscuolo (Senior Economist, Directorate for Science, Technology and Innovation) and Peter Gal (Economist, Economics Department) Well-known global companies such as Google, Apple and […]

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Soft Brexit but a hard landing could create an economy that works for no-one.

February 7, 2017by philipbball Leave a comment

“The reality is that Brexit could exacerbate other problems in the UK economy – a smooth Brexit could still mean lower economic growth for some time, reducing the Government’s ability to […]

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BREXIT: The Cost of Regulation/Red Tape and The Tradeoffs

December 14, 2016by philipbball Leave a comment

Originally posted on Fidelito's Blog:
When you start listening to a conversation about regulation & red tape within the context of the EU Brexit proposition, you should begin to…

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Chukka Umunna (Eds) – How Britain can Make it in a Fast Changing World

August 21, 2014by philipbball Leave a comment

How Britain can Make it in a Fast Changing World   Summary There are huge opportunities for Britain in a world where the global middle class is expected to treble […]

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Using product- and labour-market tightness to understand unemployment

August 15, 2014by philipbball Leave a comment

Using product- and labour-market tightness to understand unemployment Pascal Michaillat, Emmanuel Saez, 12 August 2014 Summary: High US unemployment rates following the crisis are a primary policy concern, but are […]

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The (estimation of the) flourishing UK labour market

August 14, 2014by philipbball Leave a comment
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Inflation is NOT Always and Everywhere a Monetary Phenomenon

August 5, 2014by philipbball Leave a comment

Originally posted on Fixing the Economists:
Monetarism is a hoary old myth that does its damage in two distinct ways. The first is that, piggybacking on Milton Friedman’s personality, basically…

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Marginal REVOLUTION

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