Economics writer on new findings, policy analysis & commentary from a wide range of researchers & institutions; editor-in-chief of @EconObservatory

London, UK
Joined March 2013
Romesh Vaitilingam retweeted
With a week to go until the UK Budget, what does it actually mean for Scotland’s budget? In the first of our UK Budget preview series, we go back to basics on Barnett, Block Grant Adjustments and how UK decisions feed through north of the border. buff.ly/S98laaz
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Macroprudential tightening in Europe is followed by lower patenting & lower patent quality, especially when credit growth is weak & among financially constrained firms; but financial resilience tools carry no measurable short-run innovation cost, @voxeu cepr.org/voxeu/columns/macro…
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AI, remote working & young people; tariff confusion; maritime chokepoints; electric vehicles growth; the childcare track; why we don’t have nicer buildings; me on Brexit & economic communications All this & more in the latest #CentrePiece mag @CEP_LSE cep.lse.ac.uk/_new/publicati…
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The voluntary carbon market: firms that walked away from offsetting cut their own operational emissions sharply more than firms that stayed; even a market of flawless credits could still slow real decarbonisation, @voxeu cepr.org/voxeu/columns/autop…
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Romesh Vaitilingam retweeted
'Good work. Good jobs. Britain working again.' Good jobs were at the centre of the chancellor's Labour Party conference speech last month. But what makes a job good? Five new articles look at pay, place, net zero, AI and care. By Josh Hellings buff.ly/8ZQazEc
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Sharp rises in interest rates can reduce market value of banks’ securities holdings & threaten financial stability; such losses can also affect monetary policy transmission as banks have less collateral, obtain less interbank funding & cut lending to firms cepr.org/voxeu/columns/bank-…
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Non-green innovation declines after contractionary shocks, but green innovation increases; this imply that R&D subsidies are more effective – and generate relatively more green innovation – during downturns, @voxeu evidence cepr.org/voxeu/columns/why-d…
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Romesh Vaitilingam retweeted
People are living longer, healthier lives than ever before. Yet in some rich countries, including the UK, progress has stalled or reversed. Policy responses must ensure that jobs, local economies and food systems support good health – and that healthy choices are easier to make.
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Analysis of 23,064 historical books generates an ‘innovation wedge’ separating the values texts endorse from the social arrangements they depict; the wedge falls 51% 1000-1920, accounting for 2/3 of sustained acceleration in productivity growth 1500-1700 cepr.org/voxeu/columns/nine-…
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Romesh Vaitilingam retweeted
Read our new series on long-term sickness, health, and obesity 🔎 buff.ly/L3uUWqm
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Job search counselling gets people into work faster, but has little effect on those at greatest risk of long-term unemployment; combining predictions of risk & responsiveness can make scarce support substantially more effective, @voxeu cepr.org/voxeu/columns/risk-…
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A comparison of GPT models with #IMF economists’ assessments of Article IV staff reports reveals that today’s best models perform well on structured, factual tasks but remain less reliable on nuanced rating questions, where human judgement still matters cepr.org/voxeu/columns/macro…
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The labour cost equivalent values the time currently saved by #AI at $2.7 trillion annually (3.4% of GDP), concentrated in a small professional enclave in developing economies, with concentration declining in many countries, @voxeu cepr.org/voxeu/columns/ais-g…
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