A page housing the UK CPI micro data. These datasets are useful in research into questions about inflation, real wages, and business cycles. Updated monthly.

Charts, papers and thoughts used in my classes on montary policy. Central Banks are facing monumental challenges, and they are set to increase.

Financial crises come around pretty often. This page describes five big historical crashes, drawing links to the crash of 2008 and suggesting ways to spot the next bubble.

Rishi Sunak has slashed VAT - will this help shoppers via lower prices, or simply boost firms' profits. A micro data event study for 2008 shows that firms do tend to pass tax savings on to their cu...

The regulation of business has been a rollercoaster ride for the UK over the past 20 years. We outline an opportunity to build a new system based on transparency, independence and a long-term outlo...

The source of price rigidity is a foundational question in economics, and this paper sheds new light on when, why and by how much firms change their prices.

Despite the rising interest in addressing the UK’s uneven economic performance, comprehensive analysis setting out the latest facts on Britain’s business geography is scarce.

LSE Growth Commission sets out a new blueprint for growth in the UK. Growth that is inclusive and sustainable – and that deals with the challenges facing the UK, old and new.

A potential cost of modern capital markets is short-termism, with agents in the financial intermediation chain weighing near-term outcomes too heavily at the expense of longer-term opportunities an...

We examine whether “too-big-to-fail” (TBTF) factors affect estimates of scale economies for large banks. From a standard model of bank production that does not control for any TBTF factors, we find...

The financial system provides three key services: payment services, intermediation between savers and borrowers, and insurance against risk. These services support the allocation of capital, and th...

Is the world becoming short-sighted? As individuals, it sometimes feels that way. Information is streamed in ever greater volumes and at ever rising velocities. Timelines for decision-making appear...