Andrew Sentance, Senior Adviser, Cambridge Econometrics considers what challenges lie ahead for the new Conservative administration. So it is over. The General Election results are in and we know we will have a Conservative government led by Boris Johnson. But what will he do...
Carbon taxes have largely failed to gain traction in the United States, despite being a key requirement for rapid decarbonisation at a local, state or national level. Policymakers and voters have declined to endorse them, concerned about costs to consumers and negative impacts o...
We help financial institutions plan for the future and implement the recommendations of the Task-force on Climate-related Financial Disclosures (TCFD) using our in-house macroeconomic model: We provide you with: national and global analysis of the transitional impacts ...
The European Association of Environmental and Resource Economists (EAERE) is the largest group of environment-minded economists in Europe. It has recently put out a statement on carbon pricing. Although many people who I respect have given their support to the statement, it is n...
This is the first study of its kind to use pan-European data sources (the Eurofound Task analysis and the Cedefop Skills Forecasts 2018 datasets) to determine which occupations are at risk of automation. The main purpose of this study is to raise awareness of the changes that ...
The concept of environmental tax reform is not new and is core to environmental economics, but is it compatible with Modern Monetary Theory? Environmental taxes aim to raise revenues for government, while at the same time discouraging behaviour that damages the environment. Exam...
Unlike most other macroeconomic models, ours (E3ME) includes endogenous money as a core feature (including borrowing by government). This difference is important because it allows us to best predict outcomes that might be encountered by our clients. Find out how... We get a lo...
It is now widely acknowledged that decarbonisation will not be possible without putting a price on carbon. Some economists (and most modellers outside Cambridge Econometrics) even suggest that a carbon price would be sufficient to meet carbon targets. But in the UK there is a st...
This blogpost is based on Chapter 5 of Cambridge Econometrics’ shortlisted Indigo Prize entry entitled: “Virtually ignored - how we're failing to measure the 21st century economy”, by Sachin Babbar, Michael Lee, Richard Lewney & Jack Spencer. Robin Crusoe is a national...
In this light-hearted blogpost our Director, Hector Pollitt wonders how an economist would set about modelling the economy of the North Pole and finds that the challenges are not insurmountable. But how on earth do you account for 'magic'? Is there a currency? What about the e...
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