A new CEP report says that the financial system has become far more complicated than it need to be - and dangerously unstable too

This book examines the nature of the workforce development and UI policy decisions made nationwide in response to the recession, state and local administrators’ perspectives on the policy developments and economic challenges, and implementation of key Recovery Act provisions, with a particular...

Please see the CEP #ElectionEconomics report(Paper 1)and the Executive Summary (Paper 2) that cover all the election 2015 briefings, discussing the research evidence on 15 of the UK's key policy battlegrounds: immigration, austerity, real wages and living standards, productivity and business,...

Reduced-form tests of scale effects in markets with search, run when aggregate matching functions are estimated, may miss important scale effects at the micro level, because of the reactions of job searchers. A semi-structural model is developed and estimated on a British sample, testing for...