Read the blog by Gregory Thwaites discussing this here: resolutionfoundation.org/comment/concre…

🚨 New Paper and Public Good🚨 "The Global Macro Database: A New International Macroeconomic Dataset", joint with Chenzi Xu, Mohammed Lehbib, and Ziliang Chen. We built the most comprehensive macro database ever—covering 243 countries from 1086-today, integrating 110 sources. 🧵

ICYMI This #POIDWorkingPaper shows that the response of prices to demand shocks is convex at the firm level | By Lena Anayi, Nick Bloom, Philip Bunn, Paul Mizen, Gregory Thwaites & Ivan Yotzov poid.lse.ac.uk/PUBLICATIONS/a…

We updated our paper on “The Speed of Firm Response to Inflation”! Main Result: Firms respond to changes in headline inflation rates but not surprises relative to professional forecasts. Highlights distinction between “Wall Street” & “Main Street” Link: nber.org/papers/w32731

Should the UK retaliate to tarrifs? In our blog last week Emily Fry and Gregory Thwaites suggested that we should be cautious about escalation. Read more➡️ buff.ly/3EAQvEg

I would favour a joint political broadcast by Starmer, Badenoch, Farage and Davey where they sit us down, explain we’re not in Kansas any more, and say together that we need to raise income tax rates by say 2pp and spend the money on defence.

Inflation on Wall Street versus Main Street Ivan Yotzov, Nick Bloom, Philip Bunn Bank of England, Paul Mizen, Gregory Thwaites ow.ly/Wg9R50VvvPn

New research out from me today: why has Britain experienced so little productivity growth in recent years? And why (at least up until now) has the US has performed so much better? Spoiler: it’s not just tech companies and energy prices 🧵

Really cool to see my research on UK productivity featured in Martin Wolf’s FT column today ⬇️

How Tariffs Affect Trade Deficits... ... a new paper with amazing trade economist Arnaud Costinot. Many politicians and the general public expect tariffs to reduce imports lower imports and thus work to close a trade deficit. Economists typically say "not so fast"... 🧵1/n

Short piece out tonight on what tariff announcements mean for UK living standards (h/t Emily Fry & Gregory Thwaites): tariffs will hurt the economy and destroy good jobs outside London & SE, so expect policy. Big risk is this turns into a global recession. resolutionfoundation.org/publications/t…

I am looking for a senior research analyst to work with me Center for Global Development to support me as part of Global Education Evidence Advisory Panel (GEEAP) an education evidence panel that advises governments on education investments. I am looking for strong research and communication skills Deadline May 5 …erforglobaldevelopment.applytojob.com/apply/dyAM7xjH…

More details here: decisionmakerpanel.co.uk/wp-content/upl… Nick Bloom Paul Mizen Gregory Thwaites

Here's Gary Stevenson calling for a return to the 1970s, when the top rate of tax was 98%. But did the rich ever pay it? We spoke to 1970s tax dodgers and ex-HMRC staff & and crunched the data. A 🧵, but here's a spoiler: the rich pay more tax *now*.

📣 New research, by Louise Murphy and Gregory Thwaites, published this morning 📣 The spring’s benefit and employment support reforms will most likely increase the labour supply... but that increase is much smaller than the number of people affected by the cuts ⤵️

What is driving Britain’s place-based wage divides? While regional pay inequality is widely discussed, what drives these divides is less well understood. Join us on Monday to discuss with Xiaowei Xu henrimurison.bsky.social Rachel Taylor, Gregory Thwaites & Ruth Curtice 👇

🚨 New research published today Our latest report by Richmond Egyei Emily Fry Tasos Kitsos (@tasoskitsos.bsky.social) Dalila Ribaudo Gregory Thwaites &Enrico Vanino looks at the impact of place in regional inequality Read more ⬇️ buff.ly/ycjN6KI

1/Epoch AI doubles down on preiction AI will drive 20%+ annual GDP growth. Economists remain skeptical. This is the defining debate of today: AI builders see infinite prosperity ahead. Economists see the same limits that constrained every technological revolution.🧵 1/13

I worry that the Left has stopped making the argument for a more expansive state funded by most people paying more tax. Instead we're left with the false claim that Other People will always pay.

Link: cepr.org/voxeu/columns/… CC Nick Bloom Paul Mizen Gregory Thwaites