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Latest RLAB News

Below are the latest headlines for CEP and STICERD. For full coverage see the CEP News and Visitors Site and the STICERD News and Visitors Site

The Independent
Why did people really vote for Brexit? If we don't face the psychological reasons, we'll never bring Britain together

Why did so many millions of people vote to leave the European Union? ... Some new research by the labour market economists Brian Bell and Stephen Machin, seen by The Independent, suggests the Leave vote tended to be bigger in areas of the country where wage growth has been weakest since 1997. This would seem to support the popular theory that this was essentially a giant protest vote against the political class by people who feel economically ''left behind'' in modern Britain.

This article was published by The Independent on June 26, 2016
Link to article here

Related publications
Brian Bell and Stephen Machin CEP publications webpage

Related links
Brian Bell webpage
Stephen Machin webpage
Labour Markets Programme webpage

BBC World Service - In the Balance
UK votes to leave EU

What does the UK's decision to leave the European Union mean for the future of the single market? Economists talk of sustained market turbulence, devaluations and an imminent recession, but will it be Britain or the EU suffering the worst effects long-term? And as eurosceptic political parties across the continent are buoyed by the UK's vote and call for their own referendums, what must the EU project itself do to survive? Ed Butler is joined by three guests from across the EU: Damien Lempereur from Debout La France, a political party which wants a French exit from the EU; Jens Zimmerman, a member of Germany's Social Democratic Party and part of Angela Merkels coalition government; and Swati Dhingra, from the London School of Economics.

This programme was broadcast on the BBC World Service Radio - In the Balance programme on June 26, 2016
Link to broadcast here [Swati Dhingra brought in to the interview 08:37]

Related publications
Full series of CEP Brexit Analyses can be seen here

Related links
Swati Dhingra webpage
Trade Programme webpage

PBS NewsHour
What Brexit might do to the British economy

Now that the UK has voted to leave the EU, one of the biggest remaining questions is how it will affect the British economy. Hari Sreenivasan sits down with London School of Economics professor Swati Dhingra, who has been studying the potential effects since the referendum was announced last year, to discuss.

This interview was broadcast by PBS NewsHour (United States) on June 25, 2016
Link to broadcast on YouTube here

Related publications
Life after Brexit : What are the UK's options outside the European Union?, Swati Dhingra and Thomas Sampson, CEP Brexit Analysis Paper No.01, February 2016
Full series of CEP Brexit Analyses can be seen here

Related links
Swati Dhingra webpage
Trade Programme webpage

Latest in the series of blogs for Trust for London
Inequalities and disadvantage in London – focus on ethnicity

The new London Mayor Sadiq Khan was elected in May on a platform of fairness, with commitments to a more equal London, the creation of a new economic fairness unit within the GLA and tackling low pay. In this latest blog we look at disparities in key economic outcomes (unemployment, youth unemployment, low pay, income and wealth) in London by ethnic group.

The findings are drawn from our comprehensive report on inequality and disadvantage in London published last year, The Changing Anatomy of Economic Inequality in London (2007-2013). The report provided a detailed picture of what happened to different population groups in London in the wake of the crisis and downturn. In a series of blogs we are expanding that analysis by ‘drilling down’ into different aspects of inequality in London.

Other blogs in this series:

What happened to inequality in London following the crisis and downturn?

Inequalities and disadvantage in London – focus on Disability

Inequalities and disadvantage in London: focus on Religion and Belief

LSE Housing and Communities Book Launch
Cities for a Small Continent: International Handbook of City Recovery by Professor Anne Power

LSE Housing and Communities, with support from La Fabrique de la Cité invites you to the launch of Anne Power's latest publication 'Cities for a Small Continent'. This book draws together 10 years of ground-level research into the ways Europe's ex-industrial cities are treading new paths in sustainability. Anne Power uses seven case-study cities to detail how and why city change happens, and how cities in the world's smallest, most crowded, most city-loving continent can build a more viable, balanced and sustainable urban future.

Download the Book Order Form here - £15 Special Launch Price Until 30th June 2016

Listen to the podcast:

Chaired by Professor Ricky Burdett, this event will explore the causes and consequences of urban challenges in post-industrial European cities and the potential that their model offers in creating more sustainable cities. Bruce Katz of the Brookings Institution will situate this study in a US-context whilst Anne Power will set out the European perspective. Speakers confirmed are:
  • Professor Ricky Burdett, LSE Cities
  • Professor Anne Power, LSE Housing and Communities and Professor of Social Policy
  • Bruce Katz, Centennial Scholar at the Brookings Institution
Cities for a Small Continent will be available to buy at the event. There will also be an opportunity to have your book signed by Anne Power and Bruce Katz.

The event is free but booking is essential. Please RSVP to to register your interest.

Old Theatre, Old Building, London School of Economics, Houghton Street, London WC2A 3PH

LSE Housing Special Event

Tackling Extreme Poverty
New research work reveals ways to break the poverty trap

The World Bank published a blog on the work lead by STICERD director Professor Oriana Bandiera in collaboration with the IGC, UCL and BRAC, on the subject of reducing extreme poverty

Markus Goldstein, who is lead economist in the Office of Chief Economist in the Africa Region at the World Bank,  highlights the most important contributions that the recently revised paper "Labor Markets and Poverty in Village Economies" makes to the question of lifting the ultra poor.

The research, which looks at BRAC's Targeting the Ultra-Poor program implemented in Bangladesh, shows that: (i) the poor are able to take on the work activities of the non-poor but face barriers to doing so, and, (ii) one-off interventions that remove these barriers lead to sustainable poverty reduction.

In his blog, Goldsteing concludes that Professor Bandiera and her colleagues "indicate a sustainable (and cost effective – see the paper for the numbers) way to break poverty traps and map a clear and sustainable trajectory out of poverty".