No one shops on the basis of a price index
In a letter published by the Financial times, LUMS economist GR Steele responds to recent comments by Mario Draghi. "No one will be making fewer purchases because they have more euros left in their wallet after filling their fuel tank," says Steele.View article on the the FT website
Why the confidence in sukuk offerings?
Marwan Izzeldin and Heba Abou-El-Sood discuss non-Islamic financial institutions' confidence in sukuk in International Finance Magazine.View full article on the International Finance Magazine website.
LUMS top for ‘research power’ in UK research ranking
Lancaster University Management School (LUMS) is the most research-intensive business school in the UK, according to the Research Excellence Framework (REF 2014) published 18 December 2014.
How Will The Global Economy Do In 2015? Here's What You Should Know
LUMS economist John Whittaker is quoted in the Huffington Post, in an article questioning what's likely to happen to the global economy in 2015.View article on the Huffington Post website
The rise of Sukuk
Wealth and Finance Magazine carries an article by Dr Marwan Izzeldin, written with Dr Heba Abou-El-Sood of Cairo University, on how Britain has become the first non-Muslim country to issue sukuk, an Islamic financial instrument equivalent to a bond or mortgage, leading to £2.3bn in orders.View full article in Wealth and Finance Magazine.
Performance-related pay in the public sector
LUMS professors from the Department of Economics and the Centre for Performance-Led HR formed an advisory expert group for research undertaken by The Work Foundation for the Office for Manpower Economics. The final report can be downloaded from The Work Foundation's website.View on the Work Foundation website
Autumn Statement lacks a clear vision of the route ahead
Geraint Johnes says that the Chancellor's Autumn Statement tells us something about the way in which the government sees the economy moving over the next few years, and rather less about how it plans further to reduce the budget deficit.