Presentation to the Low Pay Commission

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...