Andrew Sentance assesses what interventions the UK government could make to limit the economic damage caused by the COVID-19 lockdown and encourage a more rapid recovery.
Last week’s Bank of England Monetary Policy Report made sobering reading in terms of the short-term outl…
Posted by: Ben Gardiner
Publish date: 30th April, 2020 | 2:31pm30/4/2020
The COVID-19 pandemic is a health crisis, which is quickly turning into a major economic shock. It affects all sectors of the economy, to varying degrees.
Here Ben Gardiner and Chris Thoung looks at three aspects of the economic impact of COVID-19 from a local …
Posted by: Zsófi Kőműves
Publish date: 28th April, 2020 | 9:00am28/4/2020
“It’s not what you don’t know that kills you, it’s what you know for sure that just ain’t true”, Mark Twain.
Economist Zsófi Kőműves on why long-term megatrends matter in the context of climate change policies.
How well can we measure the effect of low-carbon policie…
Global GDP: we currently project the COVID-19 pandemic will reduce global GDP by 5 percent below a no-virus baseline in 2020 and 2021
Private indebtedness: the impacts on private indebtedness suggest that the subsequent recovery will be slow – while pre-crisis growth rates ar…
Posted by: Andrew Sentance
Publish date: 16th April, 2020 | 1:30pm16/4/2020
Recessions are almost impossible to predict, despite what some economic forecasters might tell you. The current recession has unpredictability in spades – it has come out of a clear blue sky.
In January this year, the IMF was confidently predicting that world GDP would incre…
Posted by: Richard Lewney
Publish date: 25th March, 2020 | 9:00am25/3/2020
Governments are trying to mitigate the threat posed by the Coronavirus pandemic to economic well-being.
This blog by Richard Lewney sets out the principal channels of impact and the issues that need to be addressed in designing mitigation measures.
It …
Posted by: Ben Gardiner
Publish date: 12th March, 2020 | 4:46pm12/3/2020
This is the second in a series of blogs looking at uses of the European Regional Database.
Our Director Ben Gardiner looks at how regional capital stocks can be estimated, how they compare and contrast across countries and within the UK, and how they relate to regional product…
Posted by: Hector Pollitt
Publish date: 10th March, 2020 | 4:30pm10/3/2020
Not long after the coronavirus COVID-19 grabbed news headlines, requests started coming to Cambridge Econometrics to model the economic impacts – so we quickly began looking into the possibilities. We subsequently published our initial modelling results.
The …
Napoleon Bonaparte is widely quoted as saying he would rather have lucky generals who win battles than good generals.
The “general” in charge of the British economy – Chancellor of the Exchequer Rishi Sunak – has had a fair degree of luck in his political career so far…
Posted by: Ben Gardiner
Publish date: 28th February, 2020 | 8:00am28/2/2020
The first in a series of blogs looking at uses of the European Regional Database, Ben Gardiner looks at spatial disparities in productivity and how they compare across countries in the EU and within the UK.
The Industrial Strategy Council recently released a report on UK regio…