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

ESRC Press
Winner of the 25th Kenneth J. Arrow award

The 25th Arrow Award for the best paper in health economics is awarded to Martin Gaynor, Carol Propper, and [CEP Alumni]  Stephan Seiler for their paper “Free to choose? Reform, choice and consideration sets in the English National Health Service” American Economic Review 106(11): 3521-3557, 2016The Arrow Award Committee is proud to acknowledge the authors of this innovative and policy-relevant paper which uses a reform in the English National Health Service (NHS) to assess how removing constraints on patient choice affects the quality of health care received, as well as patient welfare. HEA’s Kenneth J. Arrow Award was created to recognize excellence in the field of health economics with the Award presented to the author(s) of the paper judged to be the best paper published in health economics in English in the award year.

LaPrensa – Economia
El crecimiento de las empresas superestrellas/the rise of superstar companies In most countries, workers' participation in national income has fallen for about three decades. Why?

Article by John Van Reenen with Christina Patterson

Perhaps the cause is the "robbery-Apocalypse Now," that companies are replacing expensive people with cheaper machines.  We suggest another factor: the rise of superstar companies. Over the last 40 years, more industries have become the "winner takes almost Everything" type. Companies with advantage in costs or quality have always enjoyed higher market shares. But the new giants of our era are left with a much larger fraction of their markets (if not with everything). Think of, Apple and Google, or at Goldman Sachs and Wal-Mart.

La polititzaci, una tesi incompleta i parcial per explicar la crisi dels bancs/ The politicization, an incomplete and partial thesis to explain the crisis of the banks

A study of professors Luis Garicano and Vicente Cuñat, of the London School of Economics, established in 2009, a relationship between a higher degree of politicization, less experience and a lower academic level of the directors of financial institutions with a higher propensity to incur management errors.

Call for papers
1st TCD/LSE/CEPR Workshop in Development Economics 18-19 September, 2017

TIME (Trinity College Dublin), STICERD (London School of Economics) and Irish Aid

Deadline - Monday 12 June 2017

Scientific Organisers:
Robin Burgess (LSE and CEPR)
Fadi Hassan (Trinity College Dublin)
Carol Newman (Trinity College Dublin)

Keynote speakers: David McKenzie (World Bank and CEPR) and Imran Rasul (UCL and CEPR)

We invite submissions for this workshop from interested researchers on any topic in the area of Development Economics. The deadline for submission is 12 June 2017. We accept both full-length papers and extended abstracts for projects at an advanced stage.

The workshop is organised by TIME (Trinity College Dublin), STICERD (London School of Economics) and CEPR and is funded by Irish Aid. The aim of the workshop is to bring together researchers in different fields of development economics to discuss current issues in development. Topics include, but are not limited to: agriculture, climate change, conflict, education, firms’ organization, finance, gender, health, migration, networks, productivity, public finance, and trade. The workshop will take place at Trinity College Dublin on 18-19 September 2017.


The sponsoring institutions can cover accommodation and travel according to the CEPR guidelines for presenters and discussants. However, there is limited travel and accommodation funding available, and we encourage more senior participants to use their own grants to cover costs. Please indicate in your reply whether you will be able to cover your own costs, or whether you will require funding to attend.

How to apply

If you would like to submit a paper, or attend without submitting a paper, please email your submission to Chloe Smith ( with the following subject "Paper Submission: 1st TCD/LSE/CEPR Workshop in Development Economics".

Please include the paper you wish to submit in the email, or indicate if you would like to participate as a general participant. Also state if travel/ accommodation funding is required and if you are willing to act as a discussant.

If you wish to attend please do ensure that your application and paper reach CEPR by Monday 12 June 2017. We aim to notify successful applicants by the end of June/early July 2017.

Our lives keep on changing - yet the welfare myth of 'them' and 'us' persists, John Hills

When ‘welfare’ is discussed, the theme of a divided ‘them’ and ‘us’ of those who pay in, and those who pay out – runs across British political debate, a hundred tabloid front pages and through a dozen TV programmes focussed on an assumed unchanging ‘welfare-dependent’ underclass.  But the evidence looks rather different, for example only one pound in every £14.70 we spend on the welfare state now goes on cash payments to out of work non-pensioners. In reality our lives are ever-changing. John Hills discusses this 'welfare myth' in a post for the LSE British Politics and Policy blog to mark the release of a revised and updated edition of his book Good Times, Bad Times: the welfare myth of them and us.

The Relationship between Inequality and Poverty: mechanisms and policy options
Wednesday 8th February 2017

Presenters: Dr Abigail McKnight and Dr Eleni Karagiannaki

Chair: Steve Machin, Professor of Economics, London School of Economics; Director, Centre for Economic Performance

Discussants: Chris Goulden, Joseph Rowntree Foundation, Deputy Director, Policy and Research and Dr Chiara Mariotti, Oxfam Inequality Policy Manager

This lecture examines the empirical relationship between economic inequality and poverty across countries and over time, paying attention to different measurement issues. It then considers a range of potential mechanisms driving this relationship and explores policy options. 

Eleni Karagiannaki is a Research Fellow at the Centre for Analysis of Social Exclusion at LSE. Her research focuses on income and wealth inequality and poverty and socio-economic mobility.

Abigail McKnight is an Associate Professorial Research Fellow and Associate Director of Centre for Analysis of Social Exclusion at LSE where she has worked since 1999.  Her research interests include inequality, poverty, wealth, social mobility and employment policy.

Further information about this event