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Is the UK's flexible labour market the key to understanding the productivity puzzle?
Research suggests abandoning the long-term unemployed can cause the problems policymakers seek to avoid.
Raising rates to cool the housing market is a risk that Mark Carney is right not to take
Might inequality have offset some of the impact of ageing societies - and can it continue to do so?
Ukraine needs much more than Cold War rhetoric if it is to become a strong, independent state
The release of the Federal Reserve's macroeconomic model is another big step towards central bank transparency.
Why Ben Judah's article in The New York Times throws a lot of punches but misses its mark
Negotiators should be wary of stoking the victim myths on which nationalists thrive
Allowing central banks to "go negative" would not have prevented the Great Recession
How probability, risk and an irrational fear of manhole covers can help explain the Great Recession
Why housing is the key to understanding the UK's saving problem
We need a long term vision to safeguard one of Britain's most successful exports.
Why Larry Summers' withdrawal from the Fed chair race is nothing to celebrate.
Jonathan Portes, director of the National Institute of Economic and Social Research (NIESR), talks to Pieria’s Editorial Director, Tomas Hirst, about the challenges facing UK policymakers.
Ronald Coase, the Nobel Prize winning economist who explored why companies exist, passed away at the age of 102 this week. His ground-breaking work deserves to be remembered.
Despite the gloom, we should not bow to economic fatalism.
It may be silly to blame the robots, but it may not be silly to fear them.
Is the search for alternative ways to gauge the well-being of citizens leading policymakers into dead-ends?
A new paper suggests the natural rate hypothesis is an idea past its sell-by date.
Allister Heath's argument that we need a “symbolic increase in interest rates” in order to “purge low-productivity zombie firms” from Britain’s economy is foolhardy and utterly reckless.
A new paper by NIESR and BIS use workplace level data to look behind the headline employment figures at the total amount of job creation and destruction in the private sector.
Central banks must face up to the asymmetric risks of forward guidance.
Are we still relying too much on a consumer-led recovery?
Progressive taxation and redistribution are buzzwords for the political left, but can some combinations of the two have perverse economic consequences?
Does the polarisation of labour markets affect the case for redistribution?
The political debate is lacking any vision for a Britain that is not caught in the middle of a standoff between the deficit serpent and the confidence fairy.
Is inequality the "root cause" of our economic woes or is it merely a symptom?
The success of Shinzo Abe's reforms was always going to rely on convincing his domestic audience, not foreign investors.
The bond market's response to talk of QE tapering should concern policymakers looking for a self-sustaining recovery.
Another look at the problem of incomes, employment and financial security in a flexible labour market.
In addressing the problems of the present we should be wary of fighting the battles of the past.
Central bank asset purchases can have a powerful positive effect but the policy is being misused by politicians.
A panel of Pieria experts discuss the UK's property conundrum of simultaneously requiring rising prices and improved affordability.
Tomas Hirst argues falling real incomes pose a significant threat to property prices - and the UK's financial system as a whole.
Miles Kimball, Jonathan Portes, Frances Coppola and Tomas Hirst discuss the mysterious case of the UK's falling productivity.
Miles Kimball, Jonathan Portes, Frances Coppola and Tomas Hirst discuss the case for negative interest rates.
A new paper claims equities have become extremely cheap, but are our valuation metrics wrong?
Jonathan Portes, Tory Treasury, Economist Hulk and others discuss whether the Bank of England can offset government cuts.
Is the anticipation of Mark Carney's arrival at the Bank justified?
Two new papers get us closer to finding the answer to the UK's productivity puzzle.
By chasing yields up the risk spectrum investors could be increasing the vulnerability of markets to a sudden shock.
Stunning chart of the US high debt, low growth environment.
A panel of Pieria experts discuss why a bumpy plateau is not good enough for the UK economy.
Guest Post: Have you ever heard of The Transpacific Partnership? If not, you are not alone. Our writer looks at the implications of this important free trade treaty.
The downgrade of the UK by Fitch Ratings may be embarrassing for the Chancellor but critics should be wary of embracing the agency's analysis.
A short response to Miles Kimball on electronic money and negative interest rates.
The fracturing and subsequent collapse of the USSR might offer some pertinent lessons for eurozone policymakers.
The financial crisis shocked an economics profession that had largely reconciled itself to the concept of the Great Moderation. But has “the dismal science”, as Victorian Thomas Carlyle once dubbed it, been able or willing to adapt?
Why the Cypriot bank levy is not the same as low interest rate policy.
Non-orthodox economists from all other schools of thought—Austrians, Post Keynesians, Evolutionary economists, you name it—have been critiquing the Neoclassical mainstream for decades.
There is considerable interest in the development of an innovative approach to macroeconomic modelling and economic policy design.
The UK economy has struggled to recover following the 2008 crisis, and with the diagnosis as well as treatment for the ailing patient still hotly debated, how can we improve Britain's current economic trajectory?
The growth in foreign ownership in the UK is something to be welcomed, not feared. Foreign firms increase competition and help disseminate new ideas as local firms copy business methods and innovation.
Director of the Centre for Economic Performance3 articles | View profile
Cheer - Inequality is Falling Globally!! (and similar nonsense) - http://t.co/FmPVmJReSV
Welfare reform and the "jobs miracle" by @jdportes: http://t.co/WKy16ssZgl
Ever shifting Philips curves - by @Gilesyb http://t.co/3H0yFBRAhD
This week's Newsletter is live: The ethics of inequality - http://t.co/SK5t8wwpqG
Espirito Santo: complexity, opacity and moral hazard by @Frances_Coppola - http://t.co/tJHO9NcklC