CEP

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    Residential mobility in the UK: how distance and local economic conditions drive residential choices

Residential mobility in the UK: how distance and local economic conditions drive residential choices

Monica Langella and Alan Manning find that high unemployment in an area induces people to move away, and has an even stronger effect on the attractiveness of that area to potential movers. They also find that younger and better-educated individuals are less sensitive to distance and tend to move further away than other groups.

Regional inequalities are strongly persistent […]

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    Amplifying Islamophobic hate crime: UK media in the wake of terror attacks

Amplifying Islamophobic hate crime: UK media in the wake of terror attacks

Ria Ivandic,Tom Kirchmaier, and Stephen Machin study the empirical connections between local anti-Muslim hate crimes and international jihadi terror attacks. They find that local Muslim populations face a media-magnified likelihood of hate crime victimization in the days following such incidents.

In recent years, the frequency of jihadi terrorist attacks around the world has risen. Various commentators argue that this rise […]

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    Childhood circumstances and young adult outcomes: the role of parental financial problems

Childhood circumstances and young adult outcomes: the role of parental financial problems

Is there a relationship between childhood circumstances and outcomes later on in life? Andrew E. Clark, Conchita D’Ambrosio, and Marta Barazzetta consider the cognitive and non-cognitive consequences on young adults who experienced major financial problems as children.

The 2008-2009 Great Recession and 2011-2013 EU sovereign-debt crisis put many families at risk of poverty and social exclusion. One particular feature of […]

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    Where industry is strong and where it’s weak – key facts of UK business geography

Where industry is strong and where it’s weak – key facts of UK business geography

Financial services aren’t as London-centric as the creative industries, and the coast-inland divide is growing, write Sandra Bernick, Richard Davies, and Anna Valero.

The UK’s financial services industry is not nearly as London-centric as the creative industries. Rather than the South East of England being the country’s productivity engine, it is a band stretching west from the capital along the […]

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    Does immigration harm the job prospects of the UK-born? Brexit and the UK labour market

Does immigration harm the job prospects of the UK-born? Brexit and the UK labour market

Following the referendum vote to leave the European Union, the UK faces a trade-off between retaining access to the Single Market and restricting free movement of labour. Barbara Petrongolo considers the likely impact of tougher immigration controls on the wages and employment prospects of the UK-born and the current stock of immigrants.

Membership of the European Union (EU) has direct […]

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    Who voted Leave: the characteristics of individuals mattered, but so did those of local areas

Who voted Leave: the characteristics of individuals mattered, but so did those of local areas

Individual demographics had a huge effect in determining the outcome of the referendum, but the characteristics of local areas mattered as well, explain Monica Langella and Alan Manning. Immigration, the decline in manufacturing and in other sectors, as well as politics, all played an important role in deciding the outcome.

The UK’s vote to leave the EU on 23 June […]

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    Foreign investors love Britain – but Brexit would end the affair

Foreign investors love Britain – but Brexit would end the affair

Foreign investment brings many benefits to the UK, including higher pay and productivity. But a Brexit vote could end it all, write Swati Dhingra, Gianmarco Ottaviano, Thomas Sampson and John Van Reenen. First, not being in the single market will make the UK a less attractive export platform; second, multinationals have complex supply chains and costs which would be […]

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    Why leaving the EU would almost certainly damage our economic prospects

Why leaving the EU would almost certainly damage our economic prospects

The economic consequences of leaving the EU have been a central focus of the referendum campaign. As June 23 draws near, Jagjit Chadha, Paul Johnson and John Van Reenen bring together the conclusions from their research on the likely consequences, and reflect on some of the claims made.

First and foremost a vote to leave the EU would almost certainly […]