NEW: The government's £35bn energy support packages in 2022–23 significantly alleviated household losses, but were poorly targeted and encouraged energy overuse. @peterlevell.bsky.social, Martin O'Connell and Kate Smith's paper finds that a better design could have saved £4.5bn:

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Are poorer households hit harder by inflation during cost-of-living crisis? We already know higher share of their spending is on necessities such as food and drink with higher inflation. But it turns out not to be the full story: our paper takes a detailed look on the recent crisis. 🧵

ESCoE@escoeorg.bsky.social · 2y ago

A new ESCoE discussion paper from @taochen.bsky.social @uclofficial.bsky.social, @peterlevell.bsky.social @theifs.bsky.social and Martin O'Connell delves into "cheapflation" during the COVID-19 pandemic. 🛒Paper. ➡️ tinyurl.com/53xp5y6z 🛒Webinar recording. ➡️ tinyurl.com/msc3r4z4

Important analysis on differential household responses to sectoral change driven by global trade!

Aitor Irastorza-Fadrique@aitor-if.bsky.social · 2y ago

The rise of Chinese exports in the 2000s led to significant job losses for workers in certain industries in the West. We study how workers in England and Wales and their households responded to these changes. Let's take a look... 🧐 (1/13) #EconSky