Aloysius Lip
@lazycst👨💼 Economist at HM Treasury 🧑🎓 BA Philosophy, Politics, and Economics 👍 Macroeconomics, Chess, Piano Views are my own
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Exciting analysis from @NIESRorg but with terrible data viz. Think of the poor colourblind economists! And couldn't counterfactuals be presented as differences above a baseline, or growth rate changes?
The most punchy and beautiful evidence from @CMAgovUK : Both market concentration and national minimum wage bite proportion negatively affect employment growth. However, the two effects cancel out; raising NMW can reverse negative employment effects in highly concentrated markets
Why commission a consultancy to analyse health spending and growth if its only going to conduct an OLS regression? FYI in health, the default position is increased prosperity drives demand for health spending, before we even think about two-way causality -nhsconfed.org/system/files/2…
Marshallian agglomeration tells us two ice cream stores set up back-to-back on an empty beach. New - Belderbos et al. (Apr 2023, CEPR) - owing to adverse selection in heterogeneous productivity level markets, the biggest and best ice cream store will set up all on its lonesome...
Is this just the scariest abstract you might have come across in a long time? #interestrates #housing
Interesting from @edballs & co "The rise in regional inequality has been driven by Ldn & the SE... among the rest, there was a small trend towards convergence over time". Given @CentreforCities "Capital losses" has Ldn flatlining post-GFC, is current aggregate trend convergence?
Robert Solow's predictions (1987): "the notion of a "post-industrial" economy fails... modern business services are inseparable from the production of the goods they service. The free-floating service sector will soon lose touch and the new producer will soon acquire know-how"
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