This paper compares the National Institute of Economic and Social Research (NIESR) forecasts for output, inflation and key public sector finance variables against the corresponding forecasts from HM Treasury (HMT), the Bank of England (Bank) and the Institute for Fiscal Studies (IFS). We find...

We assess the performance of France, Germany and the United Kingdom over the period 1997–2002. Gross and net output per hour worked are considerably lower in the UK than in France and Germany. GDP in France and the UK have grown at the same rates over the period although real national...

The production of this forecast is supported by the Institute’s Corporate Members: Abbey plc, Bank of England, Barclays Bank plc, Ernst and Young LLP, GlaxoSmithKline plc, Marks and Spencer plc, Morgan Stanley Dean Witter (Europe) Ltd, The National Grid Company plc, Nomura Research...