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

loveMONEY.com
Brexit would cost UK workers up to £5,000 a year - OECD

''Leaving the EU would impose a Brexit tax on generations to come,'' says OECD Secretary-General Angel Gurria. ''Instead of funding public services, this tax would be a pure deadweight loss, with no economic benefit.''

This article was published online by loveMONEY.com on April 28, 2016
Link to article here

CEP Event details
CEP Public Lecture on April 27, 2016: 'To Brexit or not to Brexit: a taxing question' given by Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). Moderator: Dr Thomas Sampson; Chair: Professor Lord Stern.
Download the speech here

Related publications
The BREXIT 2016 Policy Analysis Series from the Centre for Economic Performance can be found here

Related links
Thomas Sampson webpage
Growth Programme webpage
Trade Programme webpage


Daily Telegraph
Cost of Brexit: Migration to fall by 84,000 a year, but will cost UK taxpayer up to £5000 - EU referendum latest

The Organisation for Economic Co-Operation and Development (OECD) said that the impact of a Brexit would leave households £2,200 worse off than if Britain voted to stay in the EU. It claimed that a vote to leave the EU would be like imposing a tax on Britain's national income and become a "persistent and rising cost" on the economy.

This article appeared in the Daily Telegraph on 27 April 2016. Link to article

CEP Event details
CEP Public Lecture on April 27, 2016: 'To Brexit or not to Brexit: a taxing question' given by Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). Moderator: Dr Thomas Sampson; Chair: Professor Lord Stern.
Download the speech here

Related publications
The BREXIT 2016 Policy Analysis Series from the Centre for Economic Performance can be found here

Related links
Thomas Sampson webpage
Growth Programme webpage
Trade Programme webpage


The World Weekly
OECD unveils damning Brexit verdict

The UK will pay a heavy price if it votes to leave the EU on June 23, the OECD, an economic forum of mainly rich countries, said on Wednesday. ''Our conclusion is unequivocal. The UK is much stronger as a part of Europe, and Europe is much stronger with the UK as a driving force,'' Secretary General Angel Gurria said at the London School of Economics, where he presented his organisation's assessment of the consequences of Brexit.

The report is marginally more optimistic about the long-term economic impact of Brexit than the UK's finance ministry and the LSE's Centre for Economic Performance. It is slightly more pessimistic than papers by Oxford Economics, a consultancy, and Open Europe, a think-tank.

This article was published online by The World Weekly on April 27, 2016
Link to article here

CEP Event details
CEP Public Lecture on April 27, 2016: 'To Brexit or not to Brexit: a taxing question' given by Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development (OECD). Moderator: Dr Thomas Sampson; Chair: Professor Lord Stern.
Download the speech here

Related publications
The BREXIT 2016 Policy Analysis Series from the Centre for Economic Performance can be found here

Related links
Swati Dhingra webpage
Hanwei Huang webpage
Gianmarco Ottaviano webpage
Thomas Sampson webpage
John Van Reenen webpage
Growth Programme webpage
Trade Programme webpage


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.

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: 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 lsehousingandcommunities@lse.ac.uk 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". 


Sanctions and inequalities: what do we know and need to know about the impact of benefit sanctions
on particular groups?

 

CASE and UK Administrative Justice Institute (UKAJI) jointly held a seminar with a panel discussion on 16th March 2016.

 

It brought together three speakers who have investigated different aspects of the impact of sanctions, and provided the opportunity for participants to discuss the evidence and gaps in our knowledge. Presentation slides and associated papers are available below.

 

Speakers:

Anne Power (CASE, LSE)

How are sanctions hitting people’s lives? Community-level evidence

 

Aaron Reeves (International Inequalities Institute, LSE)

Does applying sanctions to unemployment benefit recipients increase welfare exit and employment? A cross-area analysis of UK sanctioning reforms  download here

Working paper: Do punitive approaches to unemployment benefit recipients increase welfare exit and employment? download here

 

David Webster (University of Glasgow)

Sanctions: The Missing Evidence download here

Listen to the presentations here  

 

Discussants: Michael Adler (University of Edinburgh) and Maurice Sunkin (UKAJI)

Notes from the session available to download here

Listen to the discussion here