In this paper we construct a framework for evaluating the macroeconomic impact on the UK economy of policies that are aimed at reducing the number of people receiving social security benefits and getting them into employment. By means of model simulations we find that a 5 per cent reduction in...

� Our monthly estimates of GDP suggest that output grew by 0.8 per cent in the three months ending in April after growth of 0.3 per cent in the three months ending in March 2013. The base effect from the weak level of output in the January 2013 has inflated the quarterly rate of growth in both...

Our monthly estimates of GDP suggest that output grew by 0.9 per cent in the three months ending in July after 1.1 per cent in the three months ending in June. We expect GDP growth to soften over the coming months as the effects of fiscal consolidation take hold. The National Institute...

This paper examines the effect of information and communication technologies (ICT) on the return paid to two different types of skill: general skills, acquired through schooling and work experience, and job-specific skills, acquired by experience in a particular job. Using the UK Labour Force...

We project that the output of the economy in the three months ending in January was 0.8% higher than in the previous three months. Growth in the three months ending in January was rapid, although some evidence suggests that January was weak after faster growth. Looking at the period as a whole...

NATIONAL INSTITUTE OF ECONOMIC AND SOCIAL RESEARCH ESTIMATES OF MONTHLY GDP RECOVERY ON TRACK? Embargo until 15.00 hours on 7th December 2010 Our monthly estimates of GDP suggest that output grew by 0.6 per cent in the three months ending in November after 0.5 per cent in the three months ending...

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