To varying extents, London has led the UK’s economic growth since the 1990s as a product of financial deregulation which not only boosted GVA but also served to attract more degree-educated …
Taxes and Attitudes
Participation in society, crime, tax evasion, and general ‘social cohesiveness’ can reveal much about social preferences when it comes to tax rates and government programs such as wealth redistribution. …
UK 18 Year Olds: Employment, Unemployment and Inactivity
Following the economic downturn, workers aged 18 did not experience the rise in unemployment that their older counterparts. This may be due to the relatively lower cost of employing 18 year old workers to minimum wage positions …
GDP per Hour Worked and Labour Market Reforms
If anything is to be learned from the contrasting experiences of Germany and Greece, it is that there is rarely a policy in economics which is always correct or universally applicable…
Enter your 2019 Economic Forecasts!
One of the prevailing narratives in economics over the past few decades has been the stifling of wage growth. The NAIRU provides an interesting lens through which to gauge labour market slack. The recent decreases….
Chart of the Week: Historical Trends in UK Unemployment and Effects on Wage Growth
One of the prevailing narratives in economics over the past few decades has been the stifling of wage growth. The NAIRU provides an interesting lens through which to gauge labour market slack. The recent decreases….