Blog and updates
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8 Dec 2014
Germany's labour market under focus
Inefficiencies in the process by which unemployed workers were matched to open positions were the main causes of rigidities in Germany's labour market in the period from the 1980s to the early 2000s.
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8 Dec 2014
Rise of the Chinese renminbi
China's renminbi has become a key driver of currency movements in Asia since the mid-2000s and especially since the global financial crisis. For example, when the Chinese authorities make official...
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8 Dec 2014
Inequality in Big Cities
Large cities are more unequal than the nations that host them, according to research by Kristian Behrens and Frederic Robert-Nicoud, published in the December 2014 issue of the Economic Journal....
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8 Dec 2014
Demonstrating the MONIAC machine
Here is a wonderful 45 minute presentation on the MONIAC machine - a wonder created by Bill Phillips - of Phillips Curve fameWatch here: The Phillips Machine Demonstrated by Allan...
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7 Dec 2014
A lesson in monopsony power
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5 Dec 2014
Ethiopia sells $1bn worth of government bonds in capital raising
First Kenya with a $2bn dollar bond issue, now Ethiopia has successfully concluded a $1bn dollar bond sale yielding just over 6%. Consider the possible implications of this - a growing number of...
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5 Dec 2014
RES Annual Public Lecture 2013 Tim Harford
Tim Harford, Financial Times columnist, author and presenter of Radio 4's "More or Less" gives RES Public Lecture at Royal Institution on 28 November 2013
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5 Dec 2014
RES Annual Public Lecture 2014 Stephanie Flanders
UK economy after the crisis, inspiring RES lecture by former BBC Economics Editor, Stephanie Flanders on 25 Nov 2014
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5 Dec 2014
Premier Foods - Are they exploiting their monopsony power?
Pay and stay - is this an unfair, exploitative example of the monopsony power of a giant food business over their suppliers? Or a suitable strategy for a company looking to trim their list of...
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5 Dec 2014
Über raises fresh funds and is valued close to $40bn
Uber is fast becoming one of those go-to case studies in creative destruction digital style. They don't own any cars merely provide an app bringing drivers and passengers together. Yet after the...
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5 Dec 2014
Sky sells majority stake in Sky Bet
Here is a revealing example of a business divesting an operation that is not seen as part of their core activities going forward. Sky is selling SkyBet to a private equity group CVC Capital...
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5 Dec 2014
Slow wage growth in the world economy
Stagnant wage growth has many root causes and affects hundreds of millions of workers around the world, not least in slow-growing advanced countries. Global wage growth barely scrambles above 1%...
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5 Dec 2014
Unequal Opportunities for UK Actors
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5 Dec 2014
Rail fares rise pegged to inflation
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4 Dec 2014
PNC Christmas Price Index 2014
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3 Dec 2014
UK rail privitisation and franchising
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3 Dec 2014
The risk of a carbon ‘bubble’
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