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The Programme on Innovation and Diffusion (POID) carries out cutting-edge research into how to improve productivity through nurturing innovation – ideas that are new to the world – and then diffusing these ideas across the economy
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Research into industrial and innovation policies including work in the Programme on Innovation and Diffusion (POID) and the Productive and Inclusive Net Zero research project (PRINZ). Read more....
The urgency of addressing climate change, pollution, and environmental degradation continues to rise, highlighting the need for research in this area. Read more....
The Programme on Innovation and Diffusion (POID) carries out cutting-edge research into how to improve productivity through nurturing innovation - ideas that are new to the world - and then diffusing these ideas across the economy. Read more...
John Van Reenen and Ufuk Akcigit assemble world-leading economists to consider how creative destruction can address today's most important political and social questions. Find out more...
We look at the growth performance of the UK economy since the coalition government took power in 2010 in the context of the previous decade, finding the UK's level of productivity has been lower than that of its peers for many years. Read more....
This biweekly podcast aims to generate easily accessible and engaging academic discussions on cutting edge research on innovation and diffusion. Read more...
"The first thing that these CEOs should do is think about how the incorporation of these technologies eventually builds their competitive advantage. This is a point that is often missed … The very fundamental poin... Read more...
24 September 2024
These sorts of arguments can be found in Ms Reeves’ new council of economic advisers. On entering office she hired two economists who co-wrote a report for the London School of Economics that warned Labour’s ... Read more...
23 September 2024
We discuss this with Ludovic Subran, chief economist of the Allianz group, and Xavier Jaravel, professor at the London School of Economics and member of the Council of Economic Analysis. Listen to the podcast on R... Read more...
21 September 2024
“I think the bottom line is choice and letting people choose is the critical thing. In 2020, when we’re all forced to be fully remote, a lot of people were very unhappy and that was quite damaging with mental... Read more...
19 September 2024
Shortly after a new CEO takes over, uncertainty among employees dampens communication within a company. However, after about five months, internal chatter sharply intensifies as managers start rolling out the leader&rsqu... Read more...
17 September 2024
Xavier Jaravel, professor at the London School of Economics, has shown that the least advantaged households have been more penalised by inflation than the wealthiest in the long term. By calculating price indices accordi... Read more...
10 September 2024
The Financial Times' Isabel Berwick recently spoke to Professor Nick Bloom, an economist at Stanford University, who said that workers in the office are still taking lunch breaks, whereas for their colleagues who work fr... Read more...
09 September 2024
Among others acknowledged by the report, interestingly, are John Van Reenen and Anna Valero of the London School of Economics, both members of the new chancellor’s council of economic advisers, with Van Reenen the ... Read more...
08 September 2024
Isabel Berwick talks to Nick Bloom and Harriet Fitch Little. Read more at Financial Times. ... Read more...
04 September 2024
Xavier Jaravel explains why the most desirable approach in the face of the increase in the deficit is to limit the growth of public spending. Read more at Les Echos. ... Read more...
A recent study by Stanford economist Nick Bloom and his team at WFH Research, published in Nature, sheds light on the significant benefits of ... Read more at The FInancial Express. ... Read more...
31 August 2024
That challenge has captivated Harvard Business School's Raffaella Sadun for more than a decade. "The question is, Are there certain practices that are beneficial to firm performance regardless of the industry or the coun... Read more...
26 August 2024
It is often assumed that poor people face higher inflation because they spend more on essentials such as rent. Research released Sunday by Xavier Jaravel, an economist at the London School of Economics, shows that while ... Read more...
25 August 2024
Christopher Pissarides, Nobel laureate in economics, has shared his perspective on how artificial intelligence could transform the nature of work in the coming years. In a chat with Bloomberg, Pissarides, who is also a p... Read more...
23 August 2024
John Van Reenen, a professor at the London School of Economics and one of the authors of the paper, knows it’s still too early to see any real change in the productivity data from AI, but he says, "The hope is that... Read more...
20 August 2024
Yet, research contradicts this narrative, showcasing evidence where flexibility leads to even enhanced productivity, as noted by Stanford's Nick Bloom. Read more at The Pinnacle Gazette. ... Read more...
16 August 2024
John Van Reenen, Ronald Coase Chair in Economics and School Professor at the London School of Economics (LSE) in London and Digital Fellow, Initiative for the Digital Economy at the Massachusetts Institute for Technology... Read more...
12 August 2024
Ruveyda Nur Gozen, a researcher from the London School of Economics, embarked upon a significant research project to understand the behaviors and impacts of female business owners, dating back to the 19th century. ... Read more...
09 August 2024
While the political parties dangled wage increases during the recent legislative election campaign, economist Xavier Jaravel warns: "without wealth creation, promises cannot be kept". In his eyes, "the supply-side policy... Read more...
06 August 2024
The survey comprises 400 firms. It was made in May and is published in a blog post on LSE Business Review by Juliana Oliveira-Cunha, Policy Economist at International Growth Centre, based at LSE, Bruno Serra-Lorenzo, Res... Read more...
02 August 2024
Part of that pessimism is because of a "hangover from the spike in inflation that followed the COVID-19 pandemic", John Van Reenen, Ronald Coase chair in economics and professor at the London School of Economics in Londo... Read more...
The Centre for Economic Performance at the London School of Economics forecast that the average household could lose between £2,519 to £5,573 per year from real incomes over the next 15 years. Read mor... Read more...
29 July 2024
These results support the findings from overseas research undertaken earlier this year by The Bank of England, Stanford University, King's College London, and Nottingham University, led by renowned economist and academic... Read more...
19 July 2024
One quick win was the creation of a new council of economic advisers, housed within the Treasury and led by top London School of Economics academics John Van Reenen and Anna Valero. Read more at The Guardian. ... Read more...
13 July 2024
The body, expected to be chaired by John Van Reenen, a London School of Economics professor, comes as the government seeks to establish the push for higher economic growth as a “national mission”. ... Read more...
12 July 2024
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Which types of human capital influence the adoption of advanced technologies? We study the skill biased adoption of information and communication technologies (ICT) across two waves in the UK. Specifically, we compare th...Read more...
Mirko Draca, Max Nathan, Viet Nguyen-Tien, Juliana Oliveira-Cunha, Anna Rosso and Anna Valero
1 October 2024
We investigate how job displacement affects whom men marry and study implications for structural models of marriage market matching. Leveraging quasi-experimental variation from Danish establishment closures, we show tha...Read more...
Hanno Foerster, Tim Obermeier and Bastian Schulz
Many of today's global problems, such as sustainability, technology, skills, and diversity can only be solved by organisations. This column argues that more work is needed to understand strategic management by firms, how...Read more...
Ghazala Azmat, Florian Englmaier, Alfonso Gambardella, Maria Guadalupe, Raffaella Sadun and Catherine Thomas
9 September 2024
Economics is famous for being the dismal science. Sadly, recent work highlighting the slowdown in productivity growth stretching back to the 1950s is no exception. But here Nicholas Bloom takes a more cheerful view becau...Read more...
Nicholas Bloom
4 September 2024
Following the release of the Panama Papers and the Paradise Papers, there has been renewed research into profit shifting by multinational firms. This column utilises a novel dataset to show that well-managed subsidiaries...Read more...
Katarzyna Bilicka and Daniela Scur
The underrepresentation of disadvantaged groups, particularly women, in the innovation process and entrepreneurial activities is an ongoing issue across the globe. Despite making up 50 percent of the population, women co...Read more...
Ruveyda Nur Gozen
15 August 2024
Human-induced climate change is making disasters more frequent and more intense. Policy could help reduce the economic costs of climate change by helping firms withstand extreme weather events. This column explores how m...Read more...
Agnes Norris Keiller and John Van Reenen
8 August 2024
In 2016, the UK voted to leave the European Union and growth in UK manufacturing investment ground to a halt. This paper uses administrative trade data to investigate the causal relationship between these events. We expl...Read more...
Agnes Norris Keiller
6 August 2024
Firm inflation expectations are a key driver of future price growth. This column uses a large economy-wide business survey to understand the response of firms to monthly CPI inflation releases in the UK. Firms' CPI infla...Read more...
Nicholas Bloom, Philip Bunn, Paul Mizen, Gregory Thwaites and Ivan Yotzov
When firms sell in multiple markets, estimates of markups from the demand-side will generally diverge from estimates based on the supply-side (e.g. via production functions). The empirical examination of the importance o...Read more...
Agnes Norris Keiller, Tim Obermeier, Andreas Teichgraeber and John Van Reenen
30 July 2024
Good organizational capacity drives productivity and potential taxable profits, but may also enable multinationals (MNEs) to more efficiently re-allocate profits across tax jurisdictions, lowering actual taxable profits....Read more...
26 July 2024
We review the existing literature on falling business dynamism and present a new analysis using comprehensive UK firm-level panel data. Since the mid-1990s, there has been a large increase in UK firm-level inequality (es...Read more...
Jan De Loecker, Tim Obermeier and John Van Reenen
17 July 2024
Innovation is a key source of sustainable growth, but it can affect inequalities in many ways—increasing some inequalities and decreasing others. The impact of any particular innovation on inequalities will depend import...Read more...
Philippe Aghion and Rachel Griffith
Standard methods for estimating production functions in the Olley and Pakes (1996) tradition require assumptions on input choices. We introduce a new method that exploits (increasingly available) data on a firm's expecta...Read more...
Agnes Norris Keiller, John Van Reenen and Aureo de Paula
In this article, written as a follow up to the award-winning "Reskilling in the Age of AI", the authors report the results of a reskilling survey that they conducted with chief human resource officers from approximately ...Read more...
Leila Doumi, Sagar Goel, Orsolya Kovacs-Ondrejkovic, Raffaella Sadun and Jorge Tamayo
10 July 2024
We look at how the arrival of an invention affects wage returns and the probability of moving out of employment for white- and blue-collar co-workers of the inventor. First results suggest that older workers are hurt by ...Read more...
Philippe Aghion, Ufuk Akcigit, Ari Hyytinen and Otto Toivanen
8 July 2024
Wage inequality has increased dramatically in the US since the 1970s, largely driven by within-firm earnings inequality. This column uses combined data from three large micro datasets to study the drivers and implication...Read more...
Nicholas Bloom, Scott W. Ohlmacher, Cristina J. Tello-Trillo and Melanie Wallskog
7 July 2024
The scale of change and investment required for net zero is challenging, but early action is the most cost-effective way to achieve the 2050 target and could bring opportunities....Read more...
Leo Mercer, Esin Serin and Anna Valero
3 July 2024
The crises and changes of the 2020s have provided many challenges for UK firms, and these occurred against a background of stagnant productivity since the financial crisis. But crises can also force productivity-enhancin...Read more...
Juliana Oliveira-Cunha, Bruno Serra-Lorenzo and Anna Valero
2 July 2024
When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decl...Read more...
1 July 2024
This paper uses new data to study school management and productivity in India. We report five main results. First, management quality in public schools is low, and -2 standard deviations below high-income countries with ...Read more...
Renata Lemos, Karthik Muralidharan and Daniela Scur
This paper evaluates the impact of Generative Artificial Intelligence (GenAI) on productivity and work inequality. While existing literature has focused on the impact of GenAI on writing tasks, I exploit a unique setting...Read more...
Antonio Roldan
18 June 2024
The Covid-19 pandemic, military tensions and associated supply chain stress have meant that the past few years have been an era of high disruption. How can management help firms through such turbulent times?...Read more...
Nicholas Bloom, Renata Lemos, Olivia Marques, Raffaella Sadun, Daniela Scur, Marcos Todeschini and John Van Reenen
13 June 2024
The collapse in productivity growth underlies many of the problems of the UK economy – from squeezed public services to stagnant living standards. Productivity growth in the UK has been weak relative to its own past and...Read more...
Anna Valero and John Van Reenen
12 June 2024
The UK economy is stuck. GDP growth per person has been anaemic over the last 14 years, and last year it actually fell. The cause behind these concerning figures is the collapse in the growth of productivity. If the next...Read more...
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This seminar will present findings from a range of research activity providing qualitative insights into behaviours and decision making for heat pump installation firms. Using Nesta’s 2024 survey of Heat Pump Installe... Read more...
Shaan Jindal (NESTA), Oliver Zanetti (NESTA), Alice Owens (University of Leeds)
Tuesday 15 October 2024 11:00 - 12:00
Solid evidence shows that inadequate managerial practices in SMEs hamper technology adoption and growth, yet less is known about why small and relatively inefficient firms persistently survive in large numbers. This pape... Read more...
Bernardo Mottironi (LSE)
Tuesday 05 November 2024 11:00 - 11:45
Exporting offers lucrative business opportunities, but in most countries, only a few large and male-owned firms manage to export. We randomized, incentivized, and coordinated small, female-owned firms from complementary ... Read more...
Florian Munch (LSE POID and CEP), joint with Fabian Scheifele and Amira Bouziri
Tuesday 05 November 2024 11:45 - 12:30
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TBC
Tuesday 19 November 2024 11:00 - 12:00
Claudia Gentile (University of Zurich)
Tuesday 03 December 2024 11:00 - 12:00
Tuesday 17 December 2024 11:00 - 12:00
Maarten de Ridder (LSE)
Tuesday 07 January 2025 11:00 - 12:00
Tuesday 21 January 2025 11:00 - 12:00
Tuesday 04 February 2025 11:00 - 12:00
Tuesday 18 February 2025 11:00 - 12:00
Tuesday 04 March 2025 11:00 - 12:00
Tuesday 18 March 2025 11:00 - 12:00
Tuesday 01 April 2025 11:00 - 12:00
Tuesday 15 April 2025 11:00 - 12:00
Tuesday 06 May 2025 11:00 - 12:00
Tuesday 20 May 2025 11:00 - 12:00
Tuesday 03 June 2025 11:00 - 12:00
Tuesday 17 June 2025 11:00 - 12:00
Tuesday 01 July 2025 11:00 - 12:00
Tuesday 15 July 2025 11:00 - 12:00
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