Economics news

The latest news, expert comment and analysis from the Department of Economics.
The minimum wage and young workers 19/11/14

The minimum wage and young workers

Geraint Johnes says there is a need for employers to nurture younger workers, with a career path that promises development and progression.

Is it still worth going to university? 19/11/14

Is it still worth going to university?

Research by LUMS economist Ian Walker is cited extensively in a blog post on the Channel 4 news website. 

View on Channel 4 news website
Will devolving powers to Manchester really stimulate economic development? 07/11/14

Will devolving powers to Manchester really stimulate economic development?

Geraint Johnes says that creation of a nexus of political authority in Manchester may well hinder economic integration of the north rather than aid it. 

London’s congestion charge increases speed and saves lives 04/11/14

London’s congestion charge increases speed and saves lives

Writing in the Conversation, Professor Colin Green describes research which shows that London’s congestion charge has led to a significant fall in road traffic accidents.

Europe’s stress tests find 25 banks wanting, but it’s not all bad news 28/10/14

Europe’s stress tests find 25 banks wanting, but it’s not all bad news

Kim Kaivanto says that the ECB’s stress tests on European banks sets a new standard for confidence-building transparency in the Euro area.

Sharia student loans are flawed 28/10/14

Sharia student loans are flawed

LUMS researcher Vasilis Pappas is quoted in a feature in politics.co.uk about the problems with sharia-compliant student loans.

View on the politics.co.uk website
A look behind UK’s impressive unemployment figures shows they’re not so dazzling 16/10/14

A look behind UK’s impressive unemployment figures shows they’re not so dazzling

Unemployment in the UK has fallen below two million for the first time in almost six years. Good news, says Geraint Johnes, but there are some important caveats to the headline figures.

Congestion charge has made roads safer 14/10/14

Congestion charge has made roads safer

The Times covers Professor Colin Green's research into the effect on accidents of London's congestion charge.

View on The Times website
London congestion charge drives fall in traffic accidents 13/10/14

London congestion charge drives fall in traffic accidents

The Financial Times features new research by LUMS economist Professor Colin Green that demonstrates how London's congestion charge has led to a fall in road traffic accidents.

View on the FT website