Read the latest #POID discussion paper: The equilibrium impact of credit frictions: evidence from default risk using firm-level data By Timothy Besley, Peter John Lambert, Isabelle Michalski-Roland and John Van Reenen poid.lse.ac.uk/PUBLI...
Programme on Innovation and Diffusion
@poid-lse.bsky.social
The Programme on Innovation and Diffusion (POID) carries out cutting-edge research into how to improve productivity through nurturing innovation – ideas that are new to the world – and then diffusing these ideas across the economy
#POIDintheNews Why Europe is falling behind, and how it can catch up - Andreas Becker from @DeutscheWelle reports on Philippe Aghion explaining how research funding, venture capital and AI innovation can help it catch up. poid.lse.ac.uk/news/...
#POIDintheNews Top economists, including Raffaella Sadun & Nobel laureate Chris Pissarides, warn employers that AI could transform the economy faster than the Industrial Revolution risking widespread job displacement poid.lse.ac.uk/news/...
#POIDintheNews According to a report by xjaravel.bsky.social and colleages, France's budget deficit would widen from 5.0% of gross domestic product in 2026 to nearly 7% by 2030 if no corrective action is taken. Via Reuters poid.lse.ac.uk/news/...
#POIDintheNews According to Jonathan Haskel, who is set to be the next chair of the Office for Budget Responsibility, the continuing threat of inflation meant the government could not afford to relax fiscal policy. www.ft.com/content/3a62...
VAT is Andy Burnham’s best tool if UK public finances go off track, says OECD
New report argues long-term reforms should focus on spending restraint, including end to pensions triple lock
ft.com
A new @poidcast.bsky.social episode is out with Alexander Whalley from #EconCalgary - we talked about his academic journey, fav econ papers, Cold War and space race between the US & USSR, large R&D programs and more! @cep-lse.bsky.social @johnvanreenen.bsky.social open.spotify.com/episode/6LJZ...
S3 E8: Space Race, Cold War, and Public R&D Policies with Alex Whalley from the University of Calgary
The Innovation and Diffusion Podcast · Episode
open.spotify.com
"AI won’t bring back era of rapid growth" Christopher Pissarides said as many as four in 10 US and UK jobs would be largely unaffected by AI and cited areas such as nursing and hospitality. poid.lse.ac.uk/news/abstrac...
Malaysia Edge: AI won’t bring back era of rapid growth, says Nobel Prize winner
poid.lse.ac.uk
A study on Brexit economic impact by @nickbloom.bsky.social and Bank of England economists estimates that Brexit has reduced the size of the UK economy by around 6% with the impact split between post-referendum uncertainty & trade barriers introduced after 2021 poid.lse.ac.uk/news/abstrac...
Insurance Business: Brexit Bregret? Insurance professionals have their say
poid.lse.ac.uk
"UK national productivity trends: getting the data right" Read the latest @cep-lse.bsky.social #OccasionalPabyper by Niki Barbas, @asvalero.bsky.social and @johnvanreenen.bsky.social poid.lse.ac.uk/PUBLICATIONS...
UK national productivity trends: getting the data right
We compare standard productivity estimates of UK output per worker derived from the Labour Force Survey (LFS) with newly released estimates based on more reliable "Real Time Information" (RTI) adminis...
poid.lse.ac.uk
"When trust in official statistics declines" Nick Bloom Erica Groshen Duncan Hobbs Michael R Strain write for @cepr.org
When trust in official statistics declines
Trust in official economic statistics has become an increasingly salient policy issue, including in the US where the Commissioner of the Bureau of Labor Statistics was dismissed in August 2025 amid allegations that agency data had been manipulated. This column shows that the events produced a sharp increase in economic policy uncertainty, with existing estimates linking uncertainty to macroeconomic outcomes implying that the resulting loss of confidence may have reduced US GDP by roughly $20 billion. While some economic activity postponed during periods of uncertainty may eventually occur later, there are reasons to believe that at least part of the effect could be lasting.
cepr.org
Philippe Aghion writes for Polytechnique Insights on how Europe must prepare its own AI strategy if it wishes to make up ground lost to the US in terms of GDP per capita, productivity and disruptive innovations.
Europe is falling behind, can it pick up the pace when it comes to innovation?
Philippe Aghion writes for Polytechnique Insights on how Europe must prepare its own AI strategy if it wishes to make up ground lost to the U.S. in terms of GDP per capita, productivity and disruptive innovations.
poid.lse.ac.uk
Read the letter by @johnvanreenen.bsky.social to the @financialtimes.com arguing the case for continuity: Why Burnham should keep Reeves as chancellor poid.lse.ac.uk/news/abstrac...
Financial Times: Letter - Why Burnham should keep Reeves as chancellor
poid.lse.ac.uk
AI will destroy jobs in the first phase, but it will end up generating new jobs & more economic growth if governments accompany the transition with appropriate education & labour policies, Philippe Aghion argues. Read the article in Forbes Mexico forbes.com.mx/nobel-de-eco...
Nobel de Economía defiende que la IA destruirá empleos pero dará crecimiento
Frente a algunos de sus colegas que anticipan que la IA tendrá un impacto negativo sobre el empleo sin traducirse en un mayor crecimiento económico, Aghion sostuvo que, con las políticas públicas adec...
forbes.com.mx
Read this #WorkingKnowledge piece featuring research by @raffasadun.bsky.social on why it is not easy to get workers to reskill because jobs for many people are more than a paycheck www.library.hbs.edu/working-know...
Want Workers to Reskill? Show Them Who They Can Become | Working Knowledge
New career in IT or construction? It's not easy to get workers to reskill, says Raffaella Sadun, because jobs for many people are more than a paycheck.
library.hbs.edu
Making Defence Spending Pay - @johnvanreenen.bsky.social interviewed by Tim Phillips cepr.org/multimedia/m... via @cepr.org
Making Defence Spending Pay
Defence spending is rising whether voters like it or not. The UK has committed to 2.5% of national income and aims for nearer 3.5% over the next decade, £30bn a year for each percentage point. What do...
cepr.org
Call for Papers for PhD students interested in environmental & energy economics: #LSEEnvironmentWeek (21-24 /09/2026) co-hosted by @lse-sticerd-case.bsky.social #LSE_EEE Economics of Environment & Energy Programme @gsos-lse.bsky.social & @theigc.bsky.social Deadline 5/07/26 Submit ow.ly/7cNN50ZfNc1
Environment Week 2026 — LSE Environment Week
ow.ly
Why is Europe's economy falling short? Read and/or watch @Philippe Aghion's interview to Simon Johnson Via Project Syndicate
Why Is Europe’s Economy Falling Short?
Philippe Aghion & Simon Johnson examine how the continent went from scientific powerhouse to cautious follower—and what to do about it.
project-syndicate.org
Is the UK enjoying a productivity rebound? The Financial Times reference @johnvanreenen.bsky.social @lsepoliticsblog.bsky.social post where he made the case for how this Labour government is overseeing productivity growth www.ft.com/content/161a...
Is the UK enjoying a productivity rebound?
One way to find out would be to test if faster growth and lower unemployment are possible without inflation
ft.com
Green industrial policy: balancing national goals and global integration Join this #LSEFestival panel featuring #POID's @asvalero.bsky.social and leading voices from policy, industry & academia. 16 June | 13:00 www.lse.ac.uk/events/lse-f...
Green industrial policies | Panel discussion
1pm Tues 16 Jun | Oliver Harman, Louise Hellem, Anna Valero, David Willetts | Free event at the LSE Festival: How to save the planet | Ticket required
lse.ac.uk
How can we generate sustainable economic growth and development? Join this #GSOS event with #POID's @asvalero.bsky.social alongside Jonathan Leape @adairturneruk.bsky.social & Robin Burgess 18 June 2026 1.30pm poid.lse.ac.uk/events/event... @cep-lse.bsky.social @lse-sticerd-case.bsky.social
Generating sustainable economic growth and development | Adair Turner, Robin Burgess, Jonathan Leape, Anna Valero | Thursday 18 June 2026 13:30 - 14:30 | POID Event
An event from the POID Public Event series organised by POID
poid.lse.ac.uk
The Mismeasurement of Europe’s Productivity by Philippe Aghion, @abergeaud.bsky.social, Luis Garicano Via @projectsyndicate.bsky.social www.project-syndicate.org/onpoint/paul...
The Mismeasurement of Europe’s Productivity
Philippe Aghion, Antonin Bergeaud and Luis Garicano rebut the Nobel laureate economist Paul Krugman's recent claim that the gap with the US is a statistical mirage.
project-syndicate.org
"A more productive economy is being delivered under this Labour government" John Van Reenen writes for the #LSEBritishPolitics blog blogs.lse.ac.uk/poli... via LSE Blogs
A more productive economy is being delivered under this Labour government | LSE British Politics
The Labour government set raising economic growth as its central target. The new figures published by the Office for National Statistics suggest that the economy is doing a lot better than expected.
blogs.lse.ac.uk
"Catalysing climate resilience" Read the latest @cep-lse.bsky.social report by Raffaele Della Croce, Daisy Jameson, Maxwell Read, Esin Serin and @asvalero.bsky.social poid.lse.ac.uk/PUBLICATIONS...
Catalysing climate resilience
The UK is experiencing increasing impacts from climate change, including more frequent and severe floods, heatwaves and storms. It needs to prepare more for these impacts. It also needs to honour its ...
poid.lse.ac.uk
Measuring national technological trajectories using 200 years of international patent data By Antonin Bergeaud Ruveyda Nur Gozen & John Van Reenen via @voxeu.org
Measuring national technological trajectories using 200 years of international patent data
Innovation underpins sustained long-run economic growth, yet measuring technological success is challenging. This column compiles two centuries of patent data and leverages filings in multiple patent offices to document the rise and decline of technological leadership. Thie findings suggest that technological progress can be fostered through long-run investments in R&D, education, and national security.
cepr.org
Remote work can blunt the fertility decline, by Cevat Giray Aksoy, Jose Maria Barrero, Nick Bloom, Katelyn Cranney, Steven J. Davis, Mathias Dolls and Pablo Zarate Via @voxeu.org
Remote work can blunt the fertility decline
Fertility has fallen to very low levels in many advanced economies, and many pro-natalist policies appear to deliver modest gains at high cost. Using survey data covering 38 countries, this column shows that both planned and realised fertility are higher among adults who work from home at least one day a week. For couples, fertility is higher still when both partners work from home, indicating that hybrid work may be an overlooked margin for easing the trade-off between family and paid work.
cepr.org
How Much Are Firms Spending on AI (and What Will Happen to Headcounts)? Nick Bloom & his co-authors investigate AI adoption in firms to understand how much companies are spending on AI & what the impact will be on the composition of their workforces
How Much Are Firms Spending on AI (and What Will Happen to Headcounts)?
A post determines where the impact of AI is most likely to be felt in the macroeconomy.
atlantafed.org
Listen to Raffaella Sadun discussing what drives productivity in modern organisations, how leaders should think about managing in a hybrid world, & why the real impact of AI may be less about automation & more about how work gets coordinated #TransformWork
Transform Work with Raffaella Sadun, Professor of Business Administration at Harvard Business School
Podcast Episode · Transform Work · April 27 · 52m
podcasts.apple.com
Polarization is not a myth: it is reflected in the creation and spread of new technologies, @gaiadossi.bsky.social and @martamorando.bsky.social write for the LSE United States Politics and Policy @lseblogs.bsky.social blogs.lse.ac.uk/usappblog/20...
Polarization is not a myth: it is reflected in the creation and spread of new technologies | LSE United States Politics and Policy
Inventors split along party lines.
blogs.lse.ac.uk
A new @poidcast.bsky.social episode is out with Fabian Waldinger (U of Munich), who talked about his academic journey, science, WW1, boycotts, knowledge diffusion, socio-economic background & academic success, and more! open.spotify.com/episode/7qXx...
S3 E6: Scientific Production, International Collaborations, and WW1 with Fabian Waldinger (University of Munich)
open.spotify.com
Read our latest #POIDWorkingPaper "Spillovers from science" by @mondpanther.bsky.social, Arjun Shah, Anna Valero and Dennis Verhoeven poid.lse.ac.uk/PUBLICATIONS...