We extend the method of empirical likelihood to cover hypotheses involving the Aumann expectation of random sets. By exploiting the properties of random sets, we convert the testing problem into one involving a continuum of moment restrictions for which we propose two inferential procedures. The...

Economic damage from natural hazards can sometimes be prevented and always mitigated. However, private individuals tend to underinvest in such measures due to problems of collective action, information asymmetry and myopic behavior. Governments, which can in principle correct these market...

Reades J. and Smith D. A. Mapping the ‘space of flows’: the geography of global business telecommunications and employment specialization in the London mega-city-region, Regional Studies. Telecommunications has radically reshaped the way that firms organize industrial activity. And yet,...

In 2013, members of HAILO commissioned the London School of Economics and Political Science (LSE) to conduct an 18 month longitudinal study looking at how the government’s welfare reform programme will influence tenants’ work opportunities throughout the South West region. Recent welfare...

Contemporary concerns about the difficulties faced by the Japanese economy following the Great Kantō Earthquake of 1923 soon appeared to be unfounded as the economy recovered relatively quickly. This paper suggests that despite its limited impact on Japan’s longer term economic trajectory...

The political left turn in Latin America, which lagged its transition to liberalized market economies by a decade or more, challenges conventional economic explanations of voting behavior. While the implications of upward mobility for the political preferences of forward-looking voters have been...

In most countries economic prosperity is very unevenly distributed across space: regions, cities and neighbourhoods seem to be very unequal, whether we look at average earnings, employment, education or almost any other socio-economic outcome. Regional, urban and neighbourhood policies are often...

As there is very little recent research on the private sector’s role in reforms in the GCC, the proposed paper is to some extent a general overview of the issue which will by necessity be broad and survey-like. In its second half, however, it will also develop a specific and new political...

Latin America and the Caribbean have become in the last decade or so a formidable laboratory for the design and implementation of innovative social policies. In the face of an unprecedented surge in the number of non-contributory social assistance benefit programs in the region, there is a...