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Macro-economic Policy

UK Investment. High, Low, Falling?

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UK Investment. High, Low, Falling? " Nicholas Bloom and Stephen Bond of the Institute for Fiscal Studies ask whether investment is high by historical standards and in comparison to other countries. They conclude that business investment (minus government investment and investment in property) is high but using broader measures of investment show a comparatively low level of investment as a proportion of GDP.

 

By Institute for Fiscal Studies , UK.

Macro Economic Policy Resource.


Inequality and Living Standards in Britain

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Inequality and Living Standards in Britain" Income inequality continued to rise under the first two years of the Labour government, and, on the latest figures, remains higher than before the present Government came to power. Alissa Goodman sets out some basic facts about the distribution of income in Great Britain, and explains the reasons behind some of the main trends. Areas covered include the important changes which have occurred in the labour market, demographics and taxes and benefits. Published by the Institute for Fiscal Studies

 

By Institute for Fiscal Studies. , UK.

Macro Economic Policy Resource.


Geographic Mobility

Geographic Mobility " The ability to move house and commute is crucial to the well-being of an economy: it affects both productivity and unemployment. Net movements of people away from cities towards the countryside also have effects upon the environment: causing environmental pressure in areas of population growth and urban decay in the cities left behind. "Geographic Mobility" examines patterns and trends of mobility and considers the implications for public policy. By Nick Donovan, Tony Pilch and Tracy Rubenstein of the Strategy Unit. For a variety of presentations and papers on the same theme please visit the Strategic Futures website

 

By Strategic Futures, UK.

Macro Economic Policy Resource.


Competition and Innovation

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Competition and Innovation " Is pure competition or monopoly the best environment for fostering innovation? Actually, neither. The relationship between product market competition and innovation is an inverted U-shape: the "escape competition effect" dominates for low initial levels of competition, whereas the Schumpeterian effect dominates at higher levels of competition. "Competition and innovation: an inverted U relationship". By Phillippe Aghion, Nicholas Bloom, Richard Blundell, Rachel Griffith and Peter Howitt of the Institute for Fiscal Studies.

 

By Institute for Fiscal Studies , UK

Macro Economic Policy Resource.