Department of Law

The Internet and the global reach of EU law

The law of the European Union has influenced the development of the Internet outside the EU’s borders. The details of this influence are too complex to go into here, and are set out in my LSE Legal Studies working paper of the same title. But the following examples from just one Internet-related area, namely data protection and privacy law, […]

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    Brexit will probably cause disruption in markets, but systemic risk is unlikely

Brexit will probably cause disruption in markets, but systemic risk is unlikely

With less than two years until Britain leaves the EU, the implications of Brexit for financial stability are of some concern. Two key central bankers have reached opposites conclusions, with Mark Carney worried and Mario Draghi more sanguine. Broadly in line with Draghi, we think Brexit should mostly decrease systemic risk, albeit with a potential for an increase.

Brexit will […]

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    Data on electricity demand shows a slowdown in manufacturing post-Brexit

Data on electricity demand shows a slowdown in manufacturing post-Brexit

Like many others we were frustrated about the absence of both reliable and (almost) real-time economic indicators about the true state of the economy post-Brexit. Survey data was plentifully available, but often contradicted itself, and appeared to be heavily biased towards the political leaning of the sponsor. Hence, we decided to look for a truly independent and reliable indicator, […]

Repos: the missing piece in financial market reform

We all remember the hectic summer and fall of 2008 when the financial system was at the brink of the collapse. Since that time, policymakers have enacted structural reforms to the financial system, but what about the repurchase agreements (repo) market?

A repo is the sale of financial assets coupled with a promise to repurchase the same assets at a […]

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    Shareholders’ votes on CEO pay focus mostly on top-line figures

Shareholders’ votes on CEO pay focus mostly on top-line figures

We examine the impact of enhanced executive remuneration disclosure rules on the voting pattern of shareholders under UK regulations. The key findings are that shareholders guide their vote by top line salary only, and appear to disregard the remaining – substantial – body of information provided to them.

Our paper can be seen against a backdrop of numerous policy initiatives […]

Egg freezing has little to do with inflexible workplaces

As June Carbone and Naomi Cahn have put it, ambitious women currently engage ‘in what amounts to a reproductive game of chicken’. Delaying childbearing has many advantages, giving a woman time to both establish themselves in her career and secure a stable and comfortable home life, but at the same time, it increases the risk that she will not […]

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    Childcare is a central issue in women’s participation and advancement in business

Childcare is a central issue in women’s participation and advancement in business

The LSE Gender Institute has recently launched the report Confronting gender inequality — findings from the LSE Commission on Gender, Inequality and Power. Drawing on LSE research and external experts, the commission was designed to inform public and policy debates in the UK concerned with inequality and power imbalances between women and men. The work focused on the four main areas of […]