Understanding and Explaining Management Practices to Promote Higher Productivity in UK Businesses
Lead Research Organisation:
National Institute of Economic and Social Research
Department Name: National Institute of Economic & Soc Res
Abstract
Our Management and Expectations Survey (MES), cited in the ESRC call, arose from a partnership between the ONS and ESCoE: it is the largest ever survey of UK management capabilities, executed on a population of 25,000 firms across industries, regions, firm sizes and ages documenting the variable quality of management practices across UK businesses. Our analysis found a significant relationship between management practices and labour productivity amongst UK firms, and examined whether certain types of firms have poor management practices and stagnant productivity, drawing conclusions about the links between them, ONS (2018). This team, with two seminal contributors to management practice and performance (Bloom, Stanford, and Van Reenen, MIT) who initiated the World Management Survey, partners from the ONS (Awano, Dolby, Vyas, Wales), and the Director and Fellows of the ESCoE (Riley, Mizen, Senga, Sleeman) at the NIESR, will investigate five issues:
1. Longitudinal changes in management practices and performance
The initial MES offers a cross section of variation in management practices and expectations between firms, but it does not explore variations within businesses through time due to the missing longitudinal dimension to the data. A second wave of the MES will expand our scope of analysis so that we can interpret how management practices in the UK have varied over time. This extension addresses the 'broad consensus' from the recent ESRC-ONS workshop that 'there is not enough longitudinal data around productivity that allows for consistent, ongoing analysis, and in particular data that enables researchers to identify, isolate and accurately measure changes over time.'
2. International comparisons
Drawing on our links through Bloom and Van Reenen with the US Management and Organizational Practices Survey (MOPS) at the US Census Bureau will enable us to i) test identical hypotheses using their methods and variables to draw research insights that help identify causal drivers of productivity at the firm level, and compare and contrast the UK and US data; ii) draw together a unique joint ONS-Census Bureau methodological forum for collecting the most useful micro-data for measuring management, investment and hiring intentions for UK and US firms. Similar data collection exercises have been taking place across other countries. We have established links with German and Japanese teams and we intend to discuss key differences, e.g. between the US and European business environments, and similarities, e.g. the Japanese experience of low productivity.
3. Analysis of linked business surveys and administrative data
Partnership between academic researchers and ONS facilitates the matching of data from other sources to answer key questions around: a) management and firms' ability to cope with uncertainty by linking MES responses to trade data, administrative data on VAT, R&D expenditure, and patenting data, and exploiting variation across firms in exposure to EU markets through supply chains and export destination of goods; b) evidence of superior innovation, R&D and export performance from evidence of how business innovation and exporting varies across firms and over time in response to management practices and cultures. This will directly inform practical lessons for UK businesses.
4. Experimental analysis using big data
We will use natural language processing and machine learning to investigate big data from job-search companies to objectively identify the factors that affect staff satisfaction and performance in the UK. Matching to the MES and other micro datasets we will examine links between mental health and management practices.
5. Randomised control trials
Nearly 9,000 responding businesses in the MES sought 'feedback' on their management score. By varying feedback to respondents we will observe in collaboration with BIT (the 'Nudge Unit') and CMI the impact on firm's subsequent adaptation and performance.
1. Longitudinal changes in management practices and performance
The initial MES offers a cross section of variation in management practices and expectations between firms, but it does not explore variations within businesses through time due to the missing longitudinal dimension to the data. A second wave of the MES will expand our scope of analysis so that we can interpret how management practices in the UK have varied over time. This extension addresses the 'broad consensus' from the recent ESRC-ONS workshop that 'there is not enough longitudinal data around productivity that allows for consistent, ongoing analysis, and in particular data that enables researchers to identify, isolate and accurately measure changes over time.'
2. International comparisons
Drawing on our links through Bloom and Van Reenen with the US Management and Organizational Practices Survey (MOPS) at the US Census Bureau will enable us to i) test identical hypotheses using their methods and variables to draw research insights that help identify causal drivers of productivity at the firm level, and compare and contrast the UK and US data; ii) draw together a unique joint ONS-Census Bureau methodological forum for collecting the most useful micro-data for measuring management, investment and hiring intentions for UK and US firms. Similar data collection exercises have been taking place across other countries. We have established links with German and Japanese teams and we intend to discuss key differences, e.g. between the US and European business environments, and similarities, e.g. the Japanese experience of low productivity.
3. Analysis of linked business surveys and administrative data
Partnership between academic researchers and ONS facilitates the matching of data from other sources to answer key questions around: a) management and firms' ability to cope with uncertainty by linking MES responses to trade data, administrative data on VAT, R&D expenditure, and patenting data, and exploiting variation across firms in exposure to EU markets through supply chains and export destination of goods; b) evidence of superior innovation, R&D and export performance from evidence of how business innovation and exporting varies across firms and over time in response to management practices and cultures. This will directly inform practical lessons for UK businesses.
4. Experimental analysis using big data
We will use natural language processing and machine learning to investigate big data from job-search companies to objectively identify the factors that affect staff satisfaction and performance in the UK. Matching to the MES and other micro datasets we will examine links between mental health and management practices.
5. Randomised control trials
Nearly 9,000 responding businesses in the MES sought 'feedback' on their management score. By varying feedback to respondents we will observe in collaboration with BIT (the 'Nudge Unit') and CMI the impact on firm's subsequent adaptation and performance.
Planned Impact
We will take a number of steps to ensure effective impact.
Government:
1. Informing, implementing, and evaluating The UK's Industrial Strategy
The key structure of our pathways is the collaboration that we have developed between ESCoE and ONS, and the links we have built with HM Treasury and BEIS that allow us to work towards shaping the UK's Industrial Strategy. During our initial design of the 2017 MES survey we worked collaboratively at the pilot and implementation stages, we published the results of the survey as joint working papers, and engaged in conference and dissemination activities together (Royal Economic Society Conference 2018; ESCoE Economic Measurement Conference 2018; ONS website posts). We intend to continue this established pattern of collaboration at all stages of this project. We will provide policymakers with timely basic information on firm responses and data analysis using state-of-the-art methods to produce results suitable for policy advice.
2. Providing inputs to the HM Treasury-BEIS Business Productivity Review
Recently, the results of the MES survey were cited in the Call for Evidence in the HM Treasury-BEIS Business Productivity Review. We submitted evidence and were encouraged to develop further our evidence base by extending the MES. Our second wave of the MES will provide vital information to improve understanding of the links between performance and management practices. Upon the upcoming release of the government's modern Industrial Strategy in Autumn 2018, we will resume our meetings with BEIS to fashion our second wave MES survey and link to appropriate micro-datasets to ensure we answer key questions.
3. We will engage with the Bank of England Agents' Network (12 Agents operate across the country) through Rosie Smith (East Midlands Agent based on University of Nottingham campus) to share best management practice and explore the possibility of an Agents' survey on business' views on the effects of management practice on productivity.
Business:
1. ONS direct business engagement - survey feedback to businesses
Making use of the feedback option for MES respondents we will conduct an RCT in collaboration with the Behavioural Insights Team (Nudge Unit), observing the impact of feedback on management and performance versus a control group in the second wave of the MES survey. The results will provide insights on the effectiveness of support, advice and knowledge exchange to businesses and the adoption of best practice.
2. BEIS - regional Local Enterprise Partnerships (LEPs)
The UK business community is divided by BEIS into 38 regional LEPs but data is not routinely collected or analysed on performance and practice. As we discover the practices that are associated with better performance and productivity by using our survey responses and links to other micro datasets we will engage with businesses through the Local Enterprise Partnerships (LEPs) networks to communicate interventions that work well. We will create a Business Engagement Usergroup to advise us on how best to communicate our findings to business comprising members from McKinsey, CBI, CMI, BEIS, LEPs, Be the Business.
Academics:
1. Conferences
a) three annual one-day conferences in June organised by NIESR, QMUL and Nottingham, combining academics, media, policy makers, interested members of the public and our international network of 75 ESCoE researchers and fellows.
b) three annual SITE uncertainty conferences (Stanford) and Empirical Management Conferences (Harvard, MIT and Stanford) organised by Bloom/Van Reenen.
2. External-facing workshops organised by ONS and ESCoE. We will also communicate findings to policymakers via the ESCoE Advisory Board.
3. We will engage with the ESRC Coordination and Evidence Hub, sharing our findings and inviting other participants to our events.
Government:
1. Informing, implementing, and evaluating The UK's Industrial Strategy
The key structure of our pathways is the collaboration that we have developed between ESCoE and ONS, and the links we have built with HM Treasury and BEIS that allow us to work towards shaping the UK's Industrial Strategy. During our initial design of the 2017 MES survey we worked collaboratively at the pilot and implementation stages, we published the results of the survey as joint working papers, and engaged in conference and dissemination activities together (Royal Economic Society Conference 2018; ESCoE Economic Measurement Conference 2018; ONS website posts). We intend to continue this established pattern of collaboration at all stages of this project. We will provide policymakers with timely basic information on firm responses and data analysis using state-of-the-art methods to produce results suitable for policy advice.
2. Providing inputs to the HM Treasury-BEIS Business Productivity Review
Recently, the results of the MES survey were cited in the Call for Evidence in the HM Treasury-BEIS Business Productivity Review. We submitted evidence and were encouraged to develop further our evidence base by extending the MES. Our second wave of the MES will provide vital information to improve understanding of the links between performance and management practices. Upon the upcoming release of the government's modern Industrial Strategy in Autumn 2018, we will resume our meetings with BEIS to fashion our second wave MES survey and link to appropriate micro-datasets to ensure we answer key questions.
3. We will engage with the Bank of England Agents' Network (12 Agents operate across the country) through Rosie Smith (East Midlands Agent based on University of Nottingham campus) to share best management practice and explore the possibility of an Agents' survey on business' views on the effects of management practice on productivity.
Business:
1. ONS direct business engagement - survey feedback to businesses
Making use of the feedback option for MES respondents we will conduct an RCT in collaboration with the Behavioural Insights Team (Nudge Unit), observing the impact of feedback on management and performance versus a control group in the second wave of the MES survey. The results will provide insights on the effectiveness of support, advice and knowledge exchange to businesses and the adoption of best practice.
2. BEIS - regional Local Enterprise Partnerships (LEPs)
The UK business community is divided by BEIS into 38 regional LEPs but data is not routinely collected or analysed on performance and practice. As we discover the practices that are associated with better performance and productivity by using our survey responses and links to other micro datasets we will engage with businesses through the Local Enterprise Partnerships (LEPs) networks to communicate interventions that work well. We will create a Business Engagement Usergroup to advise us on how best to communicate our findings to business comprising members from McKinsey, CBI, CMI, BEIS, LEPs, Be the Business.
Academics:
1. Conferences
a) three annual one-day conferences in June organised by NIESR, QMUL and Nottingham, combining academics, media, policy makers, interested members of the public and our international network of 75 ESCoE researchers and fellows.
b) three annual SITE uncertainty conferences (Stanford) and Empirical Management Conferences (Harvard, MIT and Stanford) organised by Bloom/Van Reenen.
2. External-facing workshops organised by ONS and ESCoE. We will also communicate findings to policymakers via the ESCoE Advisory Board.
3. We will engage with the ESRC Coordination and Evidence Hub, sharing our findings and inviting other participants to our events.
Organisations
- National Institute of Economic and Social Research (Lead Research Organisation)
- OFFICE FOR NATIONAL STATISTICS (Collaboration, Project Partner)
- City, University of London (Collaboration)
- Chartered Management Institute (Collaboration)
- Behavioural Insights Ltd (Collaboration)
- Department for Business, Energy & Industrial Strategy (Collaboration)
- Confederation of British Industry (CBI) (Collaboration)
- McKinsey & Company (Collaboration)
- Be the Business (Collaboration)
- Hitotsubashi University (Collaboration)
Publications
Bloom N
(2020)
Healthy Business? Managerial Education and Management in Health Care
in The Review of Economics and Statistics
Schneebacher J
(2021)
Management practices in Great Britain: 2016 to 2020 article, 17 May 2021
Aghion P
(2021)
Turbulence, Firm Decentralization, and Growth in Bad Times
in American Economic Journal: Applied Economics
Schneebacher J
(2021)
Paper on Management and Innovation, 23 August 2021
Chen C
(2021)
Measuring business-level expectations and uncertainty: survey evidence and the COVID-19 pandemic.
in Japanese economic review (Oxford, England)
Ardanaz-Badia, A.
(2022)
Channels of Managerial Capital Accumulation - A Framework and New Evidence from UK Microdata
Bloom N
(2022)
Do well managed firms make better forecasts?
Martin, J.
(2022)
The 'F Words': Why Surveying Businesses About Intangibles is so Hard
Schneebacher, J.
(2022)
Managing to succeed: what we know, and what we don't, about management in Great Britain
Description | We have improved survey methods: We have contributed significantly to improving survey methods, developing a longitudinal survey of management practices and expectations of UK businesses. The survey was updated with Covid-19 questions prior to placement in the field in September 2020, to also be able to document the ability of better- (worse-) managed firms to respond to shocks. Our survey has generated new knowledge about: 1. How management practices lead to better business performance. We link a new UK management survey covering 8,000 firms to data on productivity in manufacturing and services. There is a large variation in management practices, which are highly correlated with productivity, profitability and size. We find that better managed firms make more accurate forecasts of GDP and of their own turnover. We also show better managed firms appear aware that their forecasts are more accurate. These stylized facts suggest that one reason for the superior performance of better managed firms is that they knowingly make more accurate forecasts, enabling them to make superior operational and strategic choices. 2. Business resilience to shocks. We demonstrated using a new UK management survey that better managed firms were more resilient and more able to adapt and innovate during Covid, accepting the move to working from home and adopting online sales to replace in-person sales when required. This provided firms with more resilience, and these practices meant that the UK economy declined by less than it would have done without this resilience. 3. Who wants to improve their management. Data show management practices are robustly correlated with superior performance, and firms can change these practices year-on-year, yet wide dispersion of management quality persists. Combining evidence from four business surveys we seek to explain why so few firms seek to improve their management practices. We identify the characteristics of firms that have made improvements in their management practices between 2016 and 2020, and which firms wanted to improve. When we examine the evidence on subjective barriers to improvement, lack of time and resources are barriers to improvement, but for more than half of firms it is a failure to identify any barriers to improving management practices. These firms have poorer managers. Our analysis of a novel dataset of online employee reviews has generated new knowledge: We analysed online employee reviews, from Indeed's UK website, to enhance our understanding of job quality. Keywords within the reviews were extracted and then clustered to form the first data-driven and multi-level Quality of Work Taxonomy for the UK. The resulting taxonomy includes several new dimensions of job quality, and could inform the development of an official taxonomy. Analysis of the taxonomy shows that the emphasis placed on different dimensions of work quality has shifted over time, with a marked increase in references to culture, atmosphere and the broader workplace environment. Our analysis also reveals differences between occupations; workers in some occupations value pay and rewards, while others value the workplace atmosphere and environment. |
Exploitation Route | This funding has led to the establishment of a longitudinal survey of UK businesses, the "Management and Expectations Survey". The survey can be used to inform UK growth policy and to improve understanding of the UK productivity puzzle. The dataset and methods, developed as part of our analysis of online employee reviews, could form a useful early warning system to detect changes in the drivers of work quality and to measure the impact of new working practices. |
Sectors | Creative Economy Education Financial Services and Management Consultancy Government Democracy and Justice Manufacturing including Industrial Biotechology Retail Other |
URL | https://mes-survey.org |
Description | Establishment of a longitudinal survey of UK businesses "Management and Expectations Survey". This survey has been used to inform UK growth policy. The survey is gaining wide usage by the academic and policy communities to improve understanding of the UK productivity puzzle, the role of intangible assets in determining productivity, and to inform the development of business support programmes such as "Help to Grow" and their evaluation. The precedence set by the Management and Expectations Survey 2020 has led to the development and conduct of a third wave of the survey (implemented by ONS and funded by HMT) and the development of a Public Sector Management Practices Survey as part of the ONS Public Services Productivity Review established in response to the Chancellor's plans to boost productivity in public services. |
First Year Of Impact | 2021 |
Sector | Creative Economy,Government, Democracy and Justice,Manufacturing, including Industrial Biotechology,Retail |
Impact Types | Societal Economic Policy & public services |
Description | 19/12/2023 - Paul Mizen - Catherine Mann Meeting |
Geographic Reach | National |
Policy Influence Type | Contribution to new or improved professional practice |
Impact | Looked at the current output of the DMP project as well as looking at areas of economic uncertainty for the future. |
URL | https://www.bankofengland.co.uk/about/people/catherine-mann/biography |
Description | 25/10/2023 - Paul Mizen - talk for Elgin Advisory to a large audience of professional economists online. |
Geographic Reach | Multiple continents/international |
Policy Influence Type | Contribution to new or improved professional practice |
Impact | Sharing ideas with other Economists |
URL | https://www.elginadvisory.com/ |
Description | 29/11/2023 - Paul Mizen - Huw Pill Meeting, Bank of England to discuss DMP |
Geographic Reach | National |
Policy Influence Type | Contribution to new or improved professional practice |
Impact | Looking to the future of the DMP, and how to incorporate the current economic uncertainty factors |
URL | https://www.bankofengland.co.uk/about/people/huw-pill/biography |
Description | Citation of MES research in The Economic 2030 Inquiry, Resolution Foundation |
Geographic Reach | National |
Policy Influence Type | Citation in other policy documents |
URL | https://economy2030.resolutionfoundation.org/wp-content/uploads/2023/12/Ending-stagnation-final-repo... |
Description | Feedback to businesses on their management practices |
Geographic Reach | National |
Policy Influence Type | Influenced training of practitioners or researchers |
Description | HM Treasury about the effectiveness of super deduction policy and full expensing in July 2023 (audience of senior officials); |
Geographic Reach | National |
Policy Influence Type | Participation in a guidance/advisory committee |
Impact | Discussed the effectiveness of super deduction policy and full expensing with senior officials |
Description | MES Advisory Group |
Geographic Reach | National |
Policy Influence Type | Participation in a guidance/advisory committee |
Impact | Development of the third wave of the Management and Expectations Survey (MES2023). |
Description | Meeting with BEIS officials |
Geographic Reach | National |
Policy Influence Type | Implementation circular/rapid advice/letter to e.g. Ministry of Health |
Impact | Meeting 16th October at BEIS with the chief economic advisor, Mike Keoghan, about the MES and DMP projects including about 5 of his key analytical staff. |
Description | Meeting with MPC External Members 13 March 2023 |
Geographic Reach | National |
Policy Influence Type | Participation in a guidance/advisory committee |
Impact | Raising awareness of economic measurement challenges and opportunities to develop better data with key policy makers and economic statistics users. |
Description | Meeting with MPC and FPC 23 May 2023 |
Geographic Reach | National |
Policy Influence Type | Participation in a guidance/advisory committee |
Impact | Raising awareness of economic measurement challenges and opportunities to develop better data with key policy makers and economic statistics users. |
Description | NISRA implementation of MES2023 |
Geographic Reach | National |
Policy Influence Type | Contribution to new or improved professional practice |
Impact | Implementation of the Management and Expectations Survey 2023 and extension of its coverage to Northern Ireland. |
Description | ONS Economic Experts Working Group |
Geographic Reach | National |
Policy Influence Type | Participation in a guidance/advisory committee |
Impact | Development of economic statistics, including new surveys. |
URL | https://www.ons.gov.uk/aboutus/whatwedo/programmesandprojects/economicstatisticstransformation/engag... |
Description | Public Sector Management Practices Survey Expert Advisory Group |
Geographic Reach | National |
Policy Influence Type | Participation in a guidance/advisory committee |
Impact | Development of the ONS Public Sector Management Practices Survey |
Description | Visit with PSE and INSEE |
Geographic Reach | Europe |
Policy Influence Type | Influenced training of practitioners or researchers |
Impact | Regular meetings with PSE and INSEE to foster joint research development and organisational learning to enhance collaboration between academia and statistics producers. |
Description | COVID-19: Measuring the effects of Covid-19 on businesses and the UK economy |
Amount | £667,485 (GBP) |
Funding ID | ES/V004387/1 |
Organisation | Economic and Social Research Council |
Sector | Public |
Country | United Kingdom |
Start | 05/2020 |
End | 11/2022 |
Title | Reduced set of MES survey questions |
Description | ONS explored the suitability of a reduced set of MES survey questions that could be used in other surveys to provide an indication of a firm's management practices without the need for the full MES scoring framework. Results have been developed based on various methods used to quantitatively evaluate the effectiveness of a reduced question set. |
Type Of Material | Improvements to research infrastructure |
Year Produced | 2022 |
Provided To Others? | No |
Impact | The recommendations were shared with the Department for Digital, Culture, Media, and Sports (DCMS). |
Title | Distribution of management practices scores by region and industry |
Description | ONS produced percentile distribution of management practices scores by ITL1 region, and ITL1 region x industry. |
Type Of Material | Database/Collection of data |
Year Produced | 2023 |
Provided To Others? | Yes |
Impact | Anna Stansbury from MIT Sloan School of Management has requested the data output to study regional differences in management capacity. The data provide new insights compared to previous data releases: ITL1 region x industry split of a distribution of MES scores for 2017, 2019 and 2020. |
URL | https://www.ons.gov.uk/economy/economicoutputandproductivity/productivitymeasures/adhocs/15633distri... |
Title | Management Expectations Survey 2020 (MES) |
Description | This project commissioned and developed in partnership with the Office for National Statistics the 2020 Management and Expectations Survey (MES) to collect information from businesses in both the services and production industries about their management practices and expectations for their business in the future. Built on the first-wave MES conducted in 2017, MES 2020 has embraced several developments, including switching from paper to online, a larger sampling frame (increased from 25,000 to 50,000 firms), a more developed sampling strategy, and the inclusion of COVID-19-related questions to cater for emerging research and policy interests. The survey went live on the 9th November 2020 and ran until the end of December 2020. Results are anticipated to be released in Spring 2021. |
Type Of Material | Database/Collection of data |
Year Produced | 2021 |
Provided To Others? | No |
Impact | The information will be used to further investigate how management practices and uncertainty relate to productivity, as well as gauge businesses' expectations of Great Britain's economic climate in the near future. The data may be used by the government to inform policy-making on the economy and by other relevant institutions for research and decision-making. This may also be beneficial to businesses as the published statistics can be used as a benchmark to compare their business against the same, or across different, sectors. |
URL | https://www.ons.gov.uk/surveys/informationforbusinesses/businesssurveys/managementandexpectations |
Title | Management and Expectations Survey closed |
Description | . |
Type Of Material | Data analysis technique |
Year Produced | 2021 |
Provided To Others? | No |
Impact | . |
Title | Management and Expectations Survey quality control and deposit in Secure Research Service |
Description | Survey and deposit in SRS |
Type Of Material | Data analysis technique |
Year Produced | 2022 |
Provided To Others? | Yes |
Impact | . |
Title | Management benchmarking tool |
Description | We created a benchmarking tool publicly available and hosted on the website: Management Research (https://managementresearch.com). It is based on the management survey and managers can identify their relative position in terms of operational efficiency and structured management practices, enabling them to improve their operations. |
Type Of Material | Computer model/algorithm |
Year Produced | 2022 |
Provided To Others? | Yes |
Impact | An international collaboration emerged, involving researchers from policy institutions like the World Bank and national statistical agencies like the US census bureau, comparing management and productivity implications across countries. |
URL | https://managementresearch.com/ |
Title | UK business responses to Covid-19 |
Description | Webscraped data, regularly (fortnightly) collected information on responses to Covid-19 from business websites and news sources from February 2020 for 12 months based on set of keywords. |
Type Of Material | Database/Collection of data |
Year Produced | 2020 |
Provided To Others? | No |
Impact | These data will be linked to other data sets to help to understand and monitor the responses of UK businesses to the Covid-19 crisis. Analysis is currently underway. |
Description | Be the Business |
Organisation | Be the Business |
Country | United Kingdom |
Sector | Charity/Non Profit |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. An agreement has been entered into between ESCoE (NIESR) and Be the Business to carry out a programme of mentoring interventions as part of the Random Control Trial (RCT). Businesses completing the MES will be invited to sign up to take part in RCT and mentoring programme, when receiving feedback on their results from the MES. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials (RCT). Be the Business have agreed to carry out a programme of mentoring interventions as part of the RCT with respondents to the MES2020 survey who have agreed to participate. An agreement with ESCoE (NIESR) and Be the Business has been entered into. The work will be undertaken as an in-kind contribution and is due to begin spring 2021. - Roundtable meeting with Be the Business's intervention delivery partners to discuss collaboration on evaluation of interventions to promote better management. - Business Engagement Group meeting 7 January with participants from BEIS, Cass Business School, Chartered Management Institute, CBI; NIESR |
Impact | No outputs yet, RCT scheduled to begin spring 2021. |
Start Year | 2019 |
Description | CBI |
Organisation | Confederation of British Industry (CBI) |
Department | Confederation of British Industries |
Country | United Kingdom |
Sector | Charity/Non Profit |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials. Have agreed to help trial the letter of engagement with survey respondents with a member panel (to do). |
Impact | No outputs yet, MES survey to be conducted July 2020. |
Start Year | 2019 |
Description | Cass Business School |
Organisation | City, University of London |
Department | Cass Business School |
Country | United Kingdom |
Sector | Academic/University |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials. |
Impact | No outputs yet, MES survey to be conducted July 2020. |
Start Year | 2019 |
Description | Chartered Management Institute (CMI) |
Organisation | Chartered Management Institute (CMI) |
Country | United Kingdom |
Sector | Charity/Non Profit |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials. |
Impact | No outputs yet, MES survey to be conducted July 2020. |
Start Year | 2019 |
Description | Department for Business, Energy & Industrial Strategy |
Organisation | Department for Business, Energy & Industrial Strategy |
Country | United Kingdom |
Sector | Public |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials. |
Impact | No outputs yet, MES survey to be conducted July 2020. |
Start Year | 2019 |
Description | Hitotsubashi University |
Organisation | Hitotsubashi University |
Country | Japan |
Sector | Academic/University |
PI Contribution | Conduct collaborative research by comparing methodoligies and results emerging from the survey in each country. |
Collaborator Contribution | Conduct collaborative research by comparing methodoligies and results emerging from the survey in each country. |
Impact | To be added once our joint presentaitons are completed at the royal economic society conference in April 2020. |
Start Year | 2020 |
Description | McKinsey |
Organisation | McKinsey & Company |
Department | McKinsey & Company, UK |
Country | United Kingdom |
Sector | Private |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials. |
Impact | No outputs yet, MES survey to be conducted July 2020. |
Start Year | 2019 |
Description | ONS |
Organisation | Office for National Statistics |
Country | United Kingdom |
Sector | Private |
PI Contribution | Advised, supported and helped develop the Management Expectations Survey 2020, with regular project meetings to discuss: questions to be included with additional questions relating to Covid-19; survey format (moved from paper to online); and sampling to maximise research applications as well as policy use. Worked with ONS project team to gain ethical approval from ONS for Random Control Trial (RCT). |
Collaborator Contribution | Developed the Management Expectations Survey 2020 (MES). Survey live date delayed due to Covid-19. Developed and finalised questions in collaboration with research team, including questions on Covid-19; moved survey from paper to electronic survey as result of Covid-19. Survey went live 9th November 2020 with data collection to 12 Mar 21, including telephone response chasing (from 11 Jan) to increase the response rate and remove measurement error. To date more than 6,000 phone calls have been made. Provided advice and support on RCT and support in obtaining ethical approval for RCT from ONS. ONS MES team published a blog (ONS intranet, 19 Nov 2020) to increase MES exposure within ONS. The blog post was picked up in several internal meetings. ONS MES team provided briefing document for the ONS Chief Economist, Grant Fitzner (18 Dec 2020), with the aim of increasing visibility within ONS. Presented MES design to Cabinet Office (5 Mar 2021), to inform ongoing policy development surrounding business support, homeworking and supply chain disruptions. Seven members of ONS personnel worked on the MES 2020 in 2020. Member of the MES Business Engagement Group (BEG). Conference paper proposal stemming from ongoing research on business demography and the organisation of the firm, which used MES data accepted at the annual ESCoE conference on Economic Measurement 2021, 11-13 May 21. Conference paper abstract by the ONS team exploring the initial findings of MES2020 has been accepted for the IARIW-ESCoE conference on Intangibles to be held June 2021. |
Impact | Management Expectations Survey 2020 |
Start Year | 2019 |
Description | The Behavioural Insights Team |
Organisation | Behavioural Insights Ltd |
Country | United Kingdom |
Sector | Private |
PI Contribution | Created and convened an expert panel - the MES Business Engagement Group, with members from business, government, business management and academia to provide a two-way conversation to help shape the research design and to disseminate research findings. |
Collaborator Contribution | Member of MES Business Engagement Group created to help shape the research design and to disseminate research findings. Group providing particular support and advice on the MES 2020 survey and engagement with respondents and advice on conducting the Random Control Trials. |
Impact | No outputs yet, MES survey to be conducted July 2020. |
Start Year | 2019 |
Description | (John Van Reenen) 48th Annual Conference of the European Association for Research in Industrial Economics (EARIE), Bergen, Norway (online) - panel "The Role of the State in the post COVID-19 Economy" (Aug 2021) |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | 48th Annual Conference of the European Association for Research in Industrial Economics (EARIE), Bergen, Norway (online) - panel "The Role of the State in the post COVID-19 Economy" (Aug 2021) |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.nhh.no/en/calendar/conferences/2021/earie-2021/about-earie-2021/ |
Description | 05/10/2023 - Nick Bloom - Firming Up Price Inflation - Chicargo University |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation made to academics at Chicago University |
Year(s) Of Engagement Activity | 2023 |
Description | 06/09/2023 - Ivan Yotzov - Price Inflation Uncertainty/Firming Up Price Inflation - SITE Conference (September 2023) - Stanford University |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | We introduce a new measure of own-price inflation uncertainty using firm-level data from a large and representative survey of UK businesses. Inflation uncertainty increased significantly from the start of 2021 and reached a peak in the second half of 2022, even as a similar measure of sales uncertainty declined. We also find large cross-sectional differences in inflation uncertainty, with uncertainty particularly elevated for smaller firms and those in the goods sector. Finally, we show that firms which are more uncertain about their own price expectations experience higher forecast errors 12 months later. These findings suggest that studying inflation uncertainty at the firm level may be an important new dimension to understanding firm performance. |
Year(s) Of Engagement Activity | 2023 |
URL | https://economics.stanford.edu/events/site-2023/session-12-macroeconomics-uncertainty-and-volatility |
Description | 09/11/2023 - Ivan Yotzov - CPI releases and inflation expectations: Evidence from the DMP - CBBS Conference (November 2023) - New Orleans, USA |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The annual Central Bank Business Survey Conference, organized in partnership with the Central Bank Business Survey and Liaison Programs, provides a forum for researchers, practitioners, and business liaisons to share their expertise in business survey administration and methodology and to discuss survey results and analysis. The conference is designed to promote open discussion and exchange of ideas on a range of topics, including but not limited to the collection and analysis of qualitative business intelligence, business survey results as an input into central bank decision-making processes, and innovations in survey administration and methodology. |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.atlantafed.org/news/conferences-and-events/conferences/2023/11/08/central-bank-business-... |
Description | 11/10/2023 - Nick Bloom - Estimating The Impact of Brexit - Wharton University |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation on Estimating the Impact of Brexit to Wharton University |
Year(s) Of Engagement Activity | 2023 |
Description | 12/10/2023 - Nick Bloom - Estimating The Impact of Brexit - Yale University |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation on Estimating The Impact of Brexit to Yale University |
Year(s) Of Engagement Activity | 2023 |
Description | 12th CompNet Annual Conference |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Jakob Schneebacher presented 'Managing to Adapt: Structured Management Practices and Firm Resilience' at the 12th CompNet Annual Conference, 19-20 October 2023, Brussels. |
Year(s) Of Engagement Activity | 2023 |
Description | 16/11/2023 - Phil Bunn - Impact of Brexit on UK firms Bank of England - workshop for Central Bank researchers |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Bank of England - workshop for Central Bank researchers |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.bankofengland.co.uk/-/media/boe/files/events/2023/november/escb-research-cluster2-progra... |
Description | 2023 - References In Other Publications |
Form Of Engagement Activity | A magazine, newsletter or online publication |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | Speech by Ben Broadbent, Member of the MPC, Signal Versus Noise, December 2023 Speech by Megan Greene, Member of the MPC, Are We There Yet? A Journey into Monetary Policy And Medium-Term Factors, November 2023 Speech by Dave Ramsden, Member of the MPC, Back to the Future, November 2023 Speech by Jonathan Haskel, Member of the MPC, Implications of Current Wage Inflation, November 2023 Speech by Catherine L. Mann, Member of the MPC, Inflation Models and Research: Distilling Dynamics For Monetary Policy Decision-Making, September 2023 Monetary Policy Report, October 2023, p. 20, p. 98 VoxEU Profits In A Time Of Inflation: Some Insights From Recent And Past Energy Shocks In The UK, September 2023 Monetary Policy Summary and Minutes, September 2023, p. 5, p. 7 Report Reveals Impact Of COVID-19 Research And Innovation Funding (UKRI), September 2023 Speech by Catherine L. Mann, Member of the MPC, Inflation Models and Research: Distilling Dynamics For Monetary Policy Decision Making, September 2023 Monetary Policy Report, August 2023, p. 10, p. 49, p. 66-69, p. 88 Slides From Huw Pill, Recent Experiences In Macroeconomic Forecasting, June 2023 Monetary Policy Summary and Minutes, June 2023, p. 7 Monetary Policy Report, May 2023, p. 22, p. 47-48, p. 68-69, p. 77-78, p. 84-86 Speech by Huw Pill, Inflation Persistence and Monetary Policy, April 2023 Monetary Policy Summary and Minutes, March 2023, p. 11 Speech by Huw Pill, Member of the MPC, Gauging (dis)Inflationary Pressures: Comparing Tools and Current Findings, February 2023, Slides, 7, 9-10 Speech by Catherine L. Mann, Member of the MPC, Turning Points and Monetary Policy Strategy Monetary Policy Summary and Minutes, February 2023, p. 50-51, p. 53, p. 55, p.62, p.87-88 Monetary Policy Report, February 2023, p. 88 Speech by Huw Pill, Member of the MPC, UK Monetary Policy Outlook, January 2023 |
Year(s) Of Engagement Activity | 2023 |
URL | https://decisionmakerpanel.co.uk/references-in-other-publications/ |
Description | 21/0/2023 - Phil Bunn - Management & Big Data - Venice - Impact of Brexit on UK Firms |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | What data firms collect, how they use them, and whether they have tools in place that facilitate data driven decision making, including machine learning and AI based methods, is at the core of modern productivity studies. As is the question of what facilitates or hinders adoption of these modern methods. With this workshop the organizers brought together researchers to discuss the state of affairs and push the frontier of knowledge on these extremely important questions. |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.cesifo.org/en/vsi23-big-data |
Description | 21/09/2023 - Ivan Yotzov - Firming Up Price Inflation - ICEA Conference (June 2023) - Pandemics, Labour Markets and Inflation - Italy |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | 5th Warsaw Money-Macro-Finance Conference September 21-22, 2023, Warsaw, Poland The International Centre for Economic Analysis (ICEA) - Warsaw Chapter invites papers to be considered for the 5th Warsaw Money-Macro-Finance Conference at Faculty of Economic Sciences, University of Warsaw, Poland. We invite papers in all areas of macroeconomics and finance, including monetary and fiscal policies, business cycle analysis, general equilibrium, growth theory, financial analysis and related fields. The main objective of this meeting is to stimulate cooperation of researchers from all over the world. Young economists are particularly encouraged to apply. |
Year(s) Of Engagement Activity | 2023 |
URL | https://iceanet.org/wp-content/uploads/2023/09/ICEA_program_2023.pdf |
Description | 24/06/2023 - Ivan Yotzov - Firming Up Inflation - BCEA Annual Conference (June 2023) - Bulgarian Council for Economic Analyses |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | 30-40 people, a mix of academics and some politicians (the Prime Minister of Bulgaria made the opening remarks) - Firming Up Inflation |
Year(s) Of Engagement Activity | 2023 |
URL | https://cea.egov.bg/wps/portal/cea-web-en/conference-en |
Description | 25/10/2023 - Nick Bloom - Estimating The Impact of Brexit - Davis University |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Presenation on Estimating the Impact of Brexit to Davis University |
Year(s) Of Engagement Activity | 2023 |
Description | 31/01/2024 - Paul Mizen - DMP Finding to a Small Audience of Professional Economists |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | An opportunity on 31 January to present DMP findings to a small audience of professional economists in person |
Year(s) Of Engagement Activity | 2024 |
Description | 42nd Irish Economic Policy Conference, Dublin Economic Workshop - "The COVID Recovery and Beyond: Going for Growth" |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Public/other audiences |
Results and Impact | 42nd Irish Economic Policy Conference, Dublin Economic Workshop - "The COVID Recovery and Beyond: Going for Growth" |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.dublineconomics.com/ |
Description | A magazine, newsletter or online publication - 2024 - References In Other Publications |
Form Of Engagement Activity | A magazine, newsletter or online publication |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Monetary Policy Report, February 2024, p. 17, p. 45, p. 49, p. 56-57, p. 75, p. 81-82 |
Year(s) Of Engagement Activity | 2024 |
URL | https://decisionmakerpanel.co.uk/references-in-other-publications/ |
Description | A press release, press conference or response to a media enquiry/interview - 2024 - Media Coverage |
Form Of Engagement Activity | A magazine, newsletter or online publication |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | Financial Times, February 2024: Work From Home If You Want but Don't Expect A Pay Rise Investment Week, February 2024: UK Businesses Forecast Price Inflation Drops Throughout 2024 The Times, January 2024: Interest Rates Will Stay High Until the Pay Juggernaut Slows Down The Bank Underground, January 2024: Beyond The Average: Patterns In UK Price Data at The Micro Level |
Year(s) Of Engagement Activity | 2024 |
URL | https://decisionmakerpanel.co.uk/media/ |
Description | A talk at the Keio Economic Society symposium. |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Other audiences |
Results and Impact | Presented research on firms' expectations and performance in a symposium where about 50 academics gattered, leading to a wide range of discussions about data, policy implications, and research directions going forward. |
Year(s) Of Engagement Activity | 2021 |
Description | Assisi Workshop April 2023 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | Presentation of 'Who Wants to Improve their Management? Evidence from a Failed Experiment' - Rebecca Riley - at "The Future of Education, Skills and Productivity. A Tribute to Geoff Mason", held on April 28 and 29, 2023, Assisi. |
Year(s) Of Engagement Activity | 2023 |
Description | BEIS/CIMR roundtable on management skills and practices |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | BEIS/CIMR roundtable 13 February. Provided advice on data set-up to enable evaluation of government intervention. |
Year(s) Of Engagement Activity | 2020 |
Description | Bank Underground, July 2023: Firm Inflation Perceptions And Expectations: Evidence From The Decision Maker Panel |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Since late 2021, annual CPI inflation in the UK increased sharply. Alongside this increase, there was also a significant rise in firm and household short-term inflation expectations. In this post, we use data from the Decision Maker Panel (DMP), a UK-wide monthly business survey, to study whether there is an effect of CPI data releases on firms' current inflation perceptions and year-ahead inflation expectations over the past four years. We find that on average firms' perceptions of current CPI inflation have been close to the eventual outturn. Furthermore, one-year ahead own-price expectations respond significantly to CPI outturns, with the effects being particularly strong since the start of 2022. |
Year(s) Of Engagement Activity | 2023 |
URL | https://bankunderground.co.uk/2023/07/07/firm-inflation-perceptions-and-expectations-evidence-from-t... |
Description | Business Engagement Group workshop March 2023 |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Professional Practitioners |
Results and Impact | Understanding and Explaining Management Practices to Promote Higher Productivity in UK Businesses MES Business Engagement Group, Workshop 23 March 2022 Morning 10:00-12:00: 10:00-10:20 Project overview and objectives (Rebecca Riley, KCL) 10:20-10:50 Do well managed firms make better forecasts? (Taka Kawakubo, LSE) 10:50-11:20 What is the state of management in Great Britain? Evidence from MES2020 (Jakob Schneebacher, ONS) 11:20-11:50 Who wants to improve their management? Evidence from the MES (Charlotte Meng, NIESR) Afternoon 13:30-15:30 13:30-14:00 Building a data-driven taxonomy of job quality (Cath Sleeman, Nesta) 14:00-14:30 International comparisons with the MES (Tatsuro Senga, QMUL) 14:30-15:00 Did better managed firms also cope with Covid-19 better? (Wei Li, Nottingham) 15:00-15:20 MES going forward (Paul Mizen, Nottingham) |
Year(s) Of Engagement Activity | 2022 |
Description | CARBS-ONS Workshop |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Schools |
Results and Impact | We discussed the MES and MES outputs with academics at Cardiff University working on productivity and firm-level analysis. Several expressed an interest in using MES data in their own work. |
Year(s) Of Engagement Activity | 2021 |
Description | CASE Welfare Policy and Analysis seminar, LSE |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | 3 July 2019, seminar presentation 'What is holding back UK productivity? Lessons from decades of measurement'. Seminar series is sponsored by the Department for Work and Pensions. |
Year(s) Of Engagement Activity | 2019 |
Description | COVID: Public policy and firm policy |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Professional Practitioners |
Results and Impact | Covid webinar, London Business School, John Van Reenen |
Year(s) Of Engagement Activity | 2020 |
Description | Cambridge TPI workshop |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation "Managing to grow: Evidence from new longitudinal business data" |
Year(s) Of Engagement Activity | 2021 |
Description | Cardiff University Breakfast Briefing |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Professional Practitioners |
Results and Impact | About 60 guests from business and government backgrounds attended this talks about insights from the MES. There was a lively discussion afterwards, and follow-up emails from audience members requesting more information. |
Year(s) Of Engagement Activity | 2021 |
Description | Cath Sleeman presenting at EM2023 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Cath Sleeman presented 'Extracting drivers of job quality from online employee reviews' at the ESCoE annual conference 2023. |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.escoe.ac.uk/em2023-contributed-sessions-2/ |
Description | Chief Economists' workshop: the heterogeneous effects of monetary policy |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Presentation at the Bank of England |
Year(s) Of Engagement Activity | 2019 |
Description | Contributed paper at RES annual conference, 12-14 April 2021 |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation of Managing Expectations by Taka Kawakubo |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.res.org.uk/event-listing/res-conference-overview/2021-annual-conference.html |
Description | Covergae in Die Welt, February 2019 |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Industry/Business |
Results and Impact | Die Welt: Vor dem Brexit offenbart sich Großbritanniens größte Schwäche; Coverage in Newspaper article, Business section of Die Welt, Germany |
Year(s) Of Engagement Activity | 2019 |
URL | https://www.welt.de/wirtschaft/article188958115/Produktivitaetsluecke-Briten-arbeiten-langsamer-als-... |
Description | Detailed feedback to UK businesses on their management performance Apr-May 2021 |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Provided via website with login code. Outreach via email (ONS and CBI). |
Year(s) Of Engagement Activity | 2021 |
Description | EM2023 Special Session on Productivity and Management |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Rebecca Riley organised and spoke at a Special Session on Management and Productivity at the annual conference of the ESCoE May 2023. The session included presentations and a panel discussion with Tera Allas (McKinsey&Co), Nick Bloom (Stanford), James Phipps (Nesta), and Dan Mawson (Dept for Business and Trade). |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.escoe.ac.uk/em2023-special-sessions/ |
Description | ESCoE - ONS engagement event |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Presentation of paper 'Developing firm level micro data for productivity analysis ' and poster 'The Management and Expectations Survey at the ESCoE and ONS Engagement event at ONS Newport 15th November 2019. The purpose of the event was to promote engagement and collaboration between ESCoE and ONS by showcasing examples of ESCoE work and raising awareness of projects'. Attendees included ONS senior management, economist and analysts plus Bank of England visitors. |
Year(s) Of Engagement Activity | 2019 |
Description | ESCoE Economic Measurement Webinar - Cath Sleeman |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Cath Sleeman presented "Extracting Dimensions of Job Quality from Online Employee Reviews" |
Year(s) Of Engagement Activity | 2024 |
URL | https://www.youtube.com/watch?v=PohVByblLzo |
Description | ESCoE Report launch |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Professional Practitioners |
Results and Impact | Poster session and networking. MES project poster and team attendance. |
Year(s) Of Engagement Activity | 2020 |
Description | ESCoE website: Developing firm-level micro data for productivity analysis project page |
Form Of Engagement Activity | Engagement focused website, blog or social media channel |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Description of project, overview, methods, impact, researchers involved and project outputs on the ESCoE website, launched September 2020. The project pages include details of both Understanding and Explaining Management Practices to Promote Higher Productivity in UK Businesses and Measuring the effects of Covid-19 on businesses and the UK Economy research. |
Year(s) Of Engagement Activity | 2020,2021 |
URL | https://www.escoe.ac.uk/projects/developing-firm-level-micro-data-for-productivity-analysis/ |
Description | ESCoE workshop - Management Practices and Productivity: Evidence from Germany, Japan and the UK |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Organiser, Tatsuro Senga; Presenters from ONS, Hitotsubashi University and The Institute for Employment Research, IAB, Germany |
Year(s) Of Engagement Activity | 2019 |
Description | ESCoE-ONS workshop - Micro-data perspectives on the productivity puzzle: evidence for policy |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Workshop organised by Philip Wales chaired by Jonathan Haskel. The workshop discussed the slowdown in labour productivity growth since the onset of the economic downturn in 2008, drawing together three important, contributions to this literature, which use new data sources that have considerable advantages over traditional data collections. It also considered changes in business dynamics in the US, the effect of market concentration and digitalisation transmission mechanisms on productivity growth and explore the mechanisms through which personnel management impact on employee outcomes. The workshop included presenters from US Census Bureau, OECD and MIT |
Year(s) Of Engagement Activity | 2019 |
Description | ESRC UKRI Productivity Programme Board - 4 May 2023 |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Presentation to and discussion with the ESRC UKRI Productivity Programme Board regarding productivity measurement and data gaps. |
Year(s) Of Engagement Activity | 2023 |
Description | ESRI International Conference, "Policies to accelerate investment and innovation to raise productivity". |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | ESRI International Conference, "Policies to accelerate investment and innovation to raise productivity". |
Year(s) Of Engagement Activity | 2021 |
Description | Economic Measurement Group 2021 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation: "Managing to grow: Evidence from new longitudinal business data" |
Year(s) Of Engagement Activity | 2021 |
Description | Economic Recovery Taskforce on Inward Investment |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Roundtable discussion and evidence submission, Rebecca Riley with 20 business leaders, Secretary of State for Business and policymakers |
Year(s) Of Engagement Activity | 2020 |
Description | Economic Statistics Centre of Excellence (ESCoE) annual conference 2019 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Presenter of Contributed Session J: Survey Evidence on Firms. Philip Wales presented "Management competence and firm-level productivity: New findings from the Management and Expectations Survey" paper. |
Year(s) Of Engagement Activity | 2019 |
Description | Empirical Management Conference 2022 - John Van Reenen |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | Keynote presentation at the Empirical Management Conference, Washington DC, December 2022: "The Natural Laws of Management" |
Year(s) Of Engagement Activity | 2022 |
Description | Empirical Management Conference 2022 - Paul Mizen |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | Presentation at the Empirical Management Conference 2022, Washington DC: "Who wants to improve their management?" |
Year(s) Of Engagement Activity | 2022 |
Description | Firms and Inequality |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | Heckman Inequality Seminar, Chicago, John Van Reenen |
Year(s) Of Engagement Activity | 2020 |
Description | First Meeting of the Business Engagement Group |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | 7 March 2019, first meeting of the MES Business Engagement Group (BEIS, Be the Business, Cass Business School, Chartered Management Institute, CBI, McKinsey); to provide advice and support to the research team on how to maximise the potential of the MES 2020 survey and the associated random control trial. |
Year(s) Of Engagement Activity | 2019 |
Description | GES Darlington presentation |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Jakob Schneebacher presented 'Managing to Adapt: Structured Management Practices and Firm Resilience' at the Government Economic Service, Launch and Learn event, Darlington, 14 November 2023 |
Year(s) Of Engagement Activity | 2023 |
Description | GSS Methodology Conference |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Analysts across government attended the conference, and we had follow-up emails from several to inquire about our ONS management practices publications. |
Year(s) Of Engagement Activity | 2021 |
Description | Government Economic Service - presentation by Jakob Schneebacher |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Presentation of Management and Expectations Survey related research to the Government Economic Service, February 2022 |
Year(s) Of Engagement Activity | 2022 |
Description | IARIW- ESCoE Conference at the Royal Society of Arts (11-12 Nov 2021) |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Takafumi Kawakubo (London School of Economics) presented "Managing Expectations: How Better Managed Firms Make Better Macro and Micro Forecasts" |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.escoe.ac.uk/iariw-escoe-conference-on-intangible-assets-slides-and-recordings/ |
Description | IARIW-ESCoE Conference on Intangible Assets |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The International Association for Research in Income and Wealth (IARIW), in partnership with the Economic Statistics Centre of Excellence (ESCoE), held a conference on the measurement of intangible assets and their implications for growth and productivity, at RSA House, London, 11-12 November 2021. The aim of the conference was to bring together academics, statisticians, policymakers and other data users, interested in the measurement of intangibles, to take forward an agenda for understanding the importance of these rapidly growing investments. |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.escoe.ac.uk/events/iariw-escoe-conference-on-intangible-capitals/ |
Description | IARIW-ESCoE conference on Intangibles |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Schools |
Results and Impact | We presented our research on Managerial Capital to an audience of approximately 20 researchers from academia and government. |
Year(s) Of Engagement Activity | 2021 |
Description | Impact seminar, King's College London, October 2020 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Professional Practitioners |
Results and Impact | Impact seminar, King's College London, 21 Oct 2020 - Economic Measurement in the Modern Economy (Rebecca Riley) |
Year(s) Of Engagement Activity | 2020 |
Description | Innovate UK - meeting with Geeta Nathan, Head of Economics and Insights at Innovate UK |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Innovate UK - meeting with Geeta Nathan, Head of Economics and Insights at Innovate UK on 18 Aug 21 and 21 Feb 22, |
Year(s) Of Engagement Activity | 2021 |
Description | Innovate UK Board presentation 16 Nov 21 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Innovate UK Board presentation 16 Nov 21 |
Year(s) Of Engagement Activity | 2021 |
Description | Interview with Andrew Hill for his FT column |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Media (as a channel to the public) |
Results and Impact | Interview with Andrew Hill for a FT column on management practices based on our MES ONS articles. We saw an uptick in interest and inquiries from the general public and think tanks in the following week. |
Year(s) Of Engagement Activity | 2021 |
Description | Ivan - 17/05/2023 - "Inflation expectations and uncertainty in the Decision Maker Panel" in a special session on "The role of inflation expectations" EScoE Conference on Economic Measurement (May 2023) London |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The Economic Statistics Centre of Excellence held its annual conference, organised in partnership with the UK Office for National Statistics on 17-19 May 2023 at King's Business School, King's College London. The conference is a meeting place for discussing recent research advances in economic measurement and statistics. The programme included papers on many aspects of measurement and the use of economic statistics, focusing on the following themes: Inclusive Wealth Measures and Looking Beyond GDP; National Accounts (measurement issues regarding Prices, International Trade, Foreign Direct Investment); Net-Zero, Climate Change and the Environment; Subnational Statistics; Productivity and Innovation; Labour Markets, Households and Inequality. The Keynote Speakers included: Professor David Miles (Imperial College, London), Professor Diane Coyle (University of Cambridge and ESCoE) and Professor Javier Miranda (IWH and Friedrich-Schiller University). The Scientific Committee Co-Chairs were: Bart Los (University of Groningen and ESCoE), Mary O'Mahony (King's College London and ESCoE) and Arthur Turrell (Data Science Campus, ONS). |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.escoe.ac.uk/events/escoe-conference-on-economic-measurement-2023/ |
Description | July 2021 Annual Conference of the Global Forum on Productivity joint with Italian presidency of G20 |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Productivity gaps across firms are large and persistent in most countries and sectors. These gaps, however, present an important potential for lifting productivity if their underlying causes are addressed. To what extent the diffusion of advanced managerial practices and the overall improvement of workers and managers skills can help narrowing these gaps? How can public policies ensure that the digital transformation and the rise of intangible assets, which have been accelerated by the COVID-19 shock, do not exacerbate but rather reduce existing disparities in income and productivity? These questions become even more pressing as governments are in the process of shaping the path to the post-crisis economic recovery. Webinar 3 - Janice Eberly, Global Forum on Productivity: Digitalisation, Intangibles and Productivity |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.oecd.org/global-forum-productivity/events/recordingandpresentations-webinars.htm |
Description | Knowledge, skills, behaviours: An international workshop on the systematic analysis of job vacancy data |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | I gave a 25 minute presentation at the workshop: "Knowledge, skills, behaviours: An international workshop on the systematic analysis of job vacancy data". Description: The workshop - part of the project "Digital Skills in Apprenticeships" - focuses on the systematic analysis of job skills at a granular level and changes affecting occupational roles when making use of large and unstructured data and applied data analytics, in particular text analytics. The workshop will take place at the School of Business and Law, University of Brighton on 13 October 2022 from 8:30 - 17:30 BST and is co-organised by the University of Zurich (Switzerland), and IAB, Nuremberg (Germany). |
Year(s) Of Engagement Activity | 2022 |
Description | MES Business Engagement Group (BEG) Meeting |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Professional Practitioners |
Results and Impact | MES Business Engagement Group (BEG) Meeting - 23rd July 2020 The BEG consists of experts from the private sector, government and research institutions who provide advice on research projects. The MES team at ONS presented the MES 2020 questionnaire in July. The session was very interactive and the BEG gave useful advice that helped shape the final questionnaire. |
Year(s) Of Engagement Activity | 2020 |
Description | MES website |
Form Of Engagement Activity | Engagement focused website, blog or social media channel |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | Website created to bring together research that used the Management and Expectations Survey |
Year(s) Of Engagement Activity | 2022 |
URL | https://mes-survey.org/ |
Description | Meeting - BEIS ERC roundtable 22 June 21 |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | BEIS ERC roundtable 22 June 21 |
Year(s) Of Engagement Activity | 2021 |
Description | Meeting - BEIS ERC roundtable 6 October 21 |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | BEIS ERC roundtable 6 October 21 |
Year(s) Of Engagement Activity | 2021 |
Description | Meeting with BEIS, Business Basics |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Meeting to discuss collaboration on evaluation of interventions to promote better management. |
Year(s) Of Engagement Activity | 2019 |
Description | Meeting with Head of Research at the Industrial Strategy Council |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Meeting with Head of Research at the Industrial Strategy Council to discuss collaboration on data development. |
Year(s) Of Engagement Activity | 2019 |
Description | Meeting with ONS officials |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Meeting with ONS officials on 28th Jan 2022. |
Year(s) Of Engagement Activity | 2022 |
Description | Meeting with ONS officials |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Meeting with ONS officials on 10 Sept 21, 8 Sept 21, 24 Aug 21, 30 March 21, 8 March 21 |
Year(s) Of Engagement Activity | 2021 |
Description | Meeting with policymakers and analysts in BEIS |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | We met with policymakers in the BEIS innovation team to discuss our article on management practices and innovation. |
Year(s) Of Engagement Activity | 2021 |
Description | Meeting with policymakers and analysts in HMT |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | We met with policy teams in HMT to discuss the MES results and implications for the Help to Grow schemes. |
Year(s) Of Engagement Activity | 2021 |
Description | Meeting with the Propel team |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Professional Practitioners |
Results and Impact | Rebecca Riley and Paul Mizen meeting with the Propel team |
Year(s) Of Engagement Activity | 2020 |
Description | Meeting: Management and Expectations Survey RCTs |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Professional Practitioners |
Results and Impact | Meeting with the Behavioural Insights Team and the Centre for Decision Research and Experimental Economics, University of Nottingham to discuss the Management and Expectations Survey Random Control Trials. |
Year(s) Of Engagement Activity | 2019 |
Description | Meeting: with Australian Government, Department of Industry, Science, Energy and Resources |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Meeting on 9 December 2019 to discuss policy developments, research and practice in the UK and Australia. |
Year(s) Of Engagement Activity | 2019 |
Description | Meetings with Japanese MOPS team |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Workshops (MES project team: Takafumi Kawakubo, Tatsuro Senga) |
Year(s) Of Engagement Activity | 2020 |
Description | NTTS 2019 Conference satellite event: Measuring the digital economy - conceptual and statistical challenges |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Invited as panellist. Conference organised by the European Commission (Eurostat), Brussels on 15 March 2019. The purpose of the conference is both to allow the presentation of results from currently ongoing research and innovation projects in official statistics, and to stimulate and facilitate the preparation of new innovative projects (by encouraging the exchange of views and co-operation between researchers - including the possible building of research consortia) with the aim of enhancing the quality and usefulness of official statistics. |
Year(s) Of Engagement Activity | 2019 |
URL | https://ec.europa.eu/eurostat/cros/content/ntts-2019-satellite-events_en |
Description | Nesta's 'Working Better' - 'Using data and design to create an inclusive, future-oriented system for jobs and skills' conference |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | A one-day conference on 23 October 2019, with over 100 experts, policymakers and practitioners to explore new approaches to anticipate changes in the demand for skills and help people navigate into jobs that are right for them. Presentation of paper 'Getting Smart: Innovative thinking for responsive labour markets' by Jyldyz Djumelieva. The presentation showed how data from online job adverts can be used to identify the skills that are in demand, and how jobs are likely to change. |
Year(s) Of Engagement Activity | 2019 |
URL | https://www.nesta.org.uk/blog/shift-five-principles-innovation-prepare-shifting-world-work/ |
Description | Nick Bloom - 16/01/2023 - Estimating The Impact of Brexit - Chicago University |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | presentation given to main academic on Estimating the Impact of Brexit |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.uchicago.edu/en |
Description | Nick Bloom - 31/03/2023 - IMF - Estimating The Impact of Brexit |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | presentation given to 100 Academics & Policy Makers |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.imf.org/en/Home |
Description | November 2023 - Paul Mizen - senior officials from DLUHC 15 to talk about DMP data |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Professional Practitioners |
Results and Impact | Talk/presentation to present and discuss key finding from the DMP data |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.gov.uk/government/organisations/department-for-levelling-up-housing-and-communities |
Description | ONS Economic Forum presentation by Jakob Schneebacher |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Management and Expectations Survey - presented by Jakob Schneebacher and Anna Ardanaz Badia |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.slideshare.net/secret/1kwtL05ewfaii7 |
Description | ONS R&D Users and Producers group |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | We presented our article on management practices and innovation to the ONS R&D users and producers group. We received several questions on the data linking undertaken for the article. |
Year(s) Of Engagement Activity | 2021 |
Description | ONS intranet blog about MES |
Form Of Engagement Activity | Engagement focused website, blog or social media channel |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Professional Practitioners |
Results and Impact | ONS intranet blog entry about MES - 19th November 2020 To increase MES exposure within ONS, Josh Martin wrote a well-received blog entry summarising the main elements of MES 2020 and the context for running this survey. The blog post was picked up in several internal meetings. |
Year(s) Of Engagement Activity | 2020 |
Description | ONS special session at EWEPA annual conference 2019 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Special session on 11 June 2019 - 'Management practices and productivity in UK production and services industries' with presenters from ONS, LSE and Bank of England |
Year(s) Of Engagement Activity | 2019 |
Description | ONS team presented MES design to Cabinet Office |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Policymakers/politicians |
Results and Impact | ONS team spoke to colleagues in the Cabinet Office about using MES data to inform ongoing policy development surrounding business support, homeworking and supply chain disruptions. |
Year(s) Of Engagement Activity | 2021 |
Description | Online Job Vacancy Data Workshop (ESCoE-BEIS) |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Workshop on using online vacancy data for economic measurement, including measuring skills, human capital and working arrangements. |
Year(s) Of Engagement Activity | 2020 |
Description | POID LSE presentation - Charlotte Meng |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Postgraduate students |
Results and Impact | Seminar presentation of "Who want to improve their management?". Feedback received from POID researchers. |
Year(s) Of Engagement Activity | 2022 |
Description | Panel member - Whitehall & Industry Group Webinar, October 2020 |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Whitehall & Industry Group Webinar, Industrial Strategy Council: Approaches to UK's Sectoral Landscape (panel member) |
Year(s) Of Engagement Activity | 2020 |
Description | Policy Panel on productivity, competitive advantage and policy in the UK; CAGE Conference |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | The "Policy and the UK's Competitive Advantage: Evidence from 10 Years of Research", conference discussed the impact on policy, and more broadly, of the research that CAGE researchers have been conducting since the centre began in January 2010. The day featured sessions covering research specific to each of CAGE's four themes: 1) What Explains Comparative Long-run Growth Performance?, 2) How do culture and institutions help to explain development and divergence in a globalising world?, 3) Our research looks through the lens of behavioural economics to explore what drives wellbeing at the national and individual level. 4) What are the Implications of Globalisation and Global Crises for Policymaking and for Economic and Political Outcomes in Western Democracies? Acted as a panellist. Panel title: Policy Panel on productivity, competitive advantage and policy in the UK. Chair: Dame Frances Cairncross Panellists: Tera Allas (McKinsey Center for Government) Nick Bloom (Stanford University) Nick Crafts (CAGE director) Rebecca Riley |
Year(s) Of Engagement Activity | 2019 |
URL | https://warwick.ac.uk/fac/soc/economics/research/centres/cage/events/27-06-19-policy_and_the_uks_com... |
Description | PrOPEL Hub and the University of Nottingham, "Management and Productivity in a Post-pandemic World: Trends and Lessons on Building a Productive Workforce". |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Public/other audiences |
Results and Impact | PrOPEL Hub and the University of Nottingham, "Management and Productivity in a Post-pandemic World: Trends and Lessons on Building a Productive Workforce". |
Year(s) Of Engagement Activity | 2021 |
Description | Presentation as Keynote Speaker at the ESCoE Conference on Economic Measurement 2020 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | John Van Reenen Keynote speaker. Presenting paper entitled 'Finding the Measure of Management: New Data for the COVID Era', at the ESCoE conference on Economic Measurement 2020. |
Year(s) Of Engagement Activity | 2020 |
URL | https://www.escoe.ac.uk/em2020-plenary-sessions |
Description | Presentation at KBS Econ Research Day 15 December |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Postgraduate students |
Results and Impact | Presentation of 'Managing to Adapt: Structured Management Practices and Firm Resilience'. |
Year(s) Of Engagement Activity | 2023 |
Description | Presentation at the European Workshop on Efficiency and Productivity Analysis (EWEPA) annual conference 2019 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Special session at Senate House on 11 June 2019. Russell Black presented paper entitled "Management Practices and Productivity in UK Production and Services Industries". |
Year(s) Of Engagement Activity | 2019 |
Description | Presentation at the US Census Bureau (MOPS Workshop) |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Economists and statisticians of national statistical agency from various countries as well as participants from World Bank and IMF attended this workshop. There were questions and discussions amongst participants, which led to a tentative research proposal that brings multiple research teams together for undertaking an international comparison exercise. |
Year(s) Of Engagement Activity | 2019 |
Description | Presentation of MES at ONS Meet the Fellows event |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Professional Practitioners |
Results and Impact | Lecture and workshop, Paul Mizen |
Year(s) Of Engagement Activity | 2020 |
Description | Presentation of final results to Indeed.com |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Industry/Business |
Results and Impact | I presented the final results of this research project to a group of approximately 20 international economists and data scientists from Indeed.com (the data provider), at their monthly technical meeting. |
Year(s) Of Engagement Activity | 2023 |
Description | Presentation of research plan to the Data Analytics Directorate at Nesta |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Third sector organisations |
Results and Impact | Presentation of research plan to the Data Analytics Directorate at Nesta. The intended purpose was to gather critical feedback on the plan. The impact was collecting a set of research ideas to explore. |
Year(s) Of Engagement Activity | 2020 |
Description | Presentation on Innovation Policies |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Washington DC, Hamilton Foundation, John Van Reenen |
Year(s) Of Engagement Activity | 2020 |
Description | Presentation to Nesta staff - March 2021 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Professional Practitioners |
Results and Impact | Analysis of employee reviews (from Indeed) to create a preliminary 'work taxonomy' that identifies the key topics that employees speak about in their reviews. |
Year(s) Of Engagement Activity | 2021 |
Description | Presentation to Social Finance |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Third sector organisations |
Results and Impact | I was invited to present our research on improving Labour Market Information to Social Finance (https://www.socialfinance.org.uk/). They are a not-for-profit focussed on tackling societal challenges in the UK and globally. My presentation included a section on measuring job quality using employee reviews. |
Year(s) Of Engagement Activity | 2022 |
Description | Presentation to economic statistics group of the ONS |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Professional Practitioners |
Results and Impact | A presentation and discussion on the working relationship between ONS and ESCoE in the MES project, as an example of how the two groups work well together to deliver research and new data. |
Year(s) Of Engagement Activity | 2020 |
Description | Presentations at Nottingham-CMA workshop |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | Rebecca Riley presented "Who Wants to Improve their Management? Evidence from a Failed Experiment" Jakob Schneebacher presented "Managing to Adapt: Structured Management Practices and Firm Resilience" |
Year(s) Of Engagement Activity | 2023 |
Description | Presented at the Virtual East Asia Macroeconomics Seminar (VEAMS) |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | About 50 academics and postgraduate students attended a seminar, which involved questions and discussion on various issues regarding firm learning, which resulted in more one-to-one meetings with academics. |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.veamsmacro.org/past-seminars.html |
Description | ProPEL Critical Friend Reflection event (ESRC Hub) at Nottingham June 2021 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Professional Practitioners |
Results and Impact | Presentation and discussion of findings regarding engagement with feedback and others lessons from RCT |
Year(s) Of Engagement Activity | 2021 |
Description | Productivity Puzzles Podcast: Can we still measure productivity in the modern economy? |
Form Of Engagement Activity | A broadcast e.g. TV/radio/film/podcast (other than news/press) |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The one big question anyone working on productivity issues gets most is: how do you actually measure it? How do we count what we make? And can we capture everything needed to produce products and services? And can economists and statisticians keep up with the rapid changes in today's modern economy? To answer these questions, host Bart van Ark is joined by Josh Martin, Head of Productivity at the Office for National Statistics, Rebecca Riley, director of the Economic Statistics Centre of Excellence and Professor of Practice at King's Business School and Jonathan Haskel, Professor of Economics at Imperial College Business School. Together they discuss productivity measurement from the widget counting days of economist founding father Adam Smith to today's methods that include the service economy, new technologies, worker well-being and the environment. |
Year(s) Of Engagement Activity | 2021 |
URL | https://podcasts.apple.com/gb/podcast/can-we-still-measure-productivity-in-the-modern-economy/id1567... |
Description | Productivity Puzzles, April 2022: Staying Productive In Uncertain Times |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | How do we respond to uncertainties that crises create? Are they holding us back in investing, hiring and innovating? Or can crises make us more agile and resilient, perhaps even more creative and inventive? How do we balance risks and opportunities? And what might that mean for productivity? The combination of the COVID-19 pandemic, Brexit and the renewed level of geopolitical uncertainty from the war in Ukraine will upset our economies, businesses, jobs and living standards for years to come. |
Year(s) Of Engagement Activity | 2022 |
URL | https://pod.co/productivity-puzzles/staying-productive-in-uncertain-times |
Description | RES Special Session sponsored by Adam Smith Business School, University of Glasgow |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | Royal Economic Society Annual Conference 2023: Special Session on Productivity sponsored by Adam Smith Business School, University of Glasgow. Rebecca Riley moderated a discussion with Chad Syverson, John Van Reenen and Miaojie Yu. |
Year(s) Of Engagement Activity | 2023 |
Description | Research meeting with Japan MOPS team in Tokyo |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Research meeting with the Japan MOPS team in Tokyo (ESRI) to introduce research team each other and set up an analysis plan going forward. Some details of comparison exercises are discussed, leading to an ongoing parallel empirical analysis in Japan and the UK. |
Year(s) Of Engagement Activity | 2020 |
Description | Resolution Foundation |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Third sector organisations |
Results and Impact | A presentation to the Resolution Foundation on May 12th, showing preliminary results and discussing the implications. |
Year(s) Of Engagement Activity | 2022 |
Description | Royal Economic Society Keynote - Nick Bloom |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Public/other audiences |
Results and Impact | Nick Bloom gave the Hahn Lecture at the annual conference of the Royal Economic Society 2022, chaired by Rebecca Riley. |
Year(s) Of Engagement Activity | 2022 |
Description | Royal Economic Society annual conference 2019 |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | 15-17th April 2019 RES Conference. The conference provided an opportunity for academics and professional economists to present latest developments in economics and showcase their real-world application. Philip Wales presented the paper: "Management Practices and Productivity in UK Production and Services Industries" at a contributed conference session. |
Year(s) Of Engagement Activity | 2019 |
Description | Second Meeting of the Business Engagement Group |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Professional Practitioners |
Results and Impact | 7 January 2020, a meeting between the MES Business Engagement Group (BEIS, Be the Business, Cass Business School, Chartered Management Institute, CBI, McKinsey); to provide advice and support to the research team on how to maximise the potential of the MES 2020 survey and the associated random control trial. |
Year(s) Of Engagement Activity | 2020 |
Description | Special Session on 'Missing Capitals' at RES annual conference, 14 April 2021 |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | TPI-ESCoE-ONS special session on "Missing Capitals" at RES 2021 annual conference, including paper on intangible capitals and management; broadcast by Bloomberg. |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.res.org.uk/event-listing/annual-conference/res2021-special-sessions.html |
Description | Stanford Institute for Economic Policy Research (SIEPR), June 2020: How Working From Home Works Out |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Media (as a channel to the public) |
Results and Impact | Working from home (WFH) is dominating our lives. If you haven't experienced the phenomenon directly, you've undoubtedly heard all about it, as U.S. media coverage of working from home jumped 12,000 percent since January. The recent work has highlighted several recurring themes, each of which carries policy questions - either for businesses or public officials. But the bottom line is clear: Working from home will be very much a part of our post-COVID economy. So the sooner policymakers and business leaders think of the implications of a home-based workforce, the better our firms and communities will be positioned when the pandemic subsides. |
Year(s) Of Engagement Activity | 2020 |
URL | https://siepr.stanford.edu/research/publications/how-working-home-works-out |
Description | Superstar firms and policy |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Policymakers/politicians |
Results and Impact | Presentation, Tony Blair Institute, John Van Reenen |
Year(s) Of Engagement Activity | 2020 |
Description | Survey design meeting with the Japan MOPS team on the productivity dynamics during the Covid-19 pandemic |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | Research meeting with the Japan MOPS team to design survey questionnaire of the second wave of the Management and Expectations survey. Survey design is conducted in a coordinated way with the Japan MOPS team so that we will have responses that are directly comparable between the UK and Japan, allowing us to investigate the driver of productivity dynamics during the Covid-19 pandemic bringing about parallel empirical analysis in Japan and the UK. |
Year(s) Of Engagement Activity | 2020 |
Description | TPI Productivity Lab Special Session at RES Annual Conference 2023 |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | Rebecca Riley presented and discussed the development of and research using the Management and Expectations Survey at a TPI Productivity Lab Special Session at the RES Annual Conference 2023. |
Year(s) Of Engagement Activity | 2023 |
Description | Temple University Economics Department Seminar |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | About 20 academics and postgraduate students attended a departmental seminar, which involved questions and discussion on various issues regarding firm learning, and more detailed discussions with academics and postgraduate students emerged subsequently. |
Year(s) Of Engagement Activity | 2021 |
URL | https://events.temple.edu/economics-fall-2021-seminar-series-tatsuro-senga |
Description | The 3rd Keio-Waseda Macro Workshop |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | Regional |
Primary Audience | Other audiences |
Results and Impact | About 20 academics attended a workshop, where we had questions and discussions on various issues regarding firms' price setting and its macroeconomic implications, with more discussion and talks being emerged subsequently. |
Year(s) Of Engagement Activity | 2021 |
Description | UKDS/ONS microdata user conference |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Policymakers/politicians |
Results and Impact | About 60 microdata users from academia and government attended and asked questions about the MES. |
Year(s) Of Engagement Activity | 2021 |
Description | University of Nottingham and ESRC PrOPEL Hub event |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | University of Nottingham and ESRC PrOPEL Hub event Reimagine Management and Productivity in a Post-pandemic World: Trends and Lessons on Building a Productive Workforce Presentation of: Understanding and Explaining Management Practices to Promote Higher Productivity in UK Businesses: Helping firms to grow through better management and panel discussion |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.propelhub.org/reimagine-management-and-productivity-in-a-post-pandemic-world/ |
Description | Van Reenen presented at University of Nottingham Business School Seminar - panel (with Nicholas Bloom) "Reimagine Management and Productivity in a post- pandemic World" |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | National |
Primary Audience | Schools |
Results and Impact | Van Reenen presented at University of Nottingham Business School Seminar - panel (with Nicholas Bloom) "Reimagine Management and Productivity in a post- pandemic World". |
Year(s) Of Engagement Activity | 2021 |
URL | https://www.eventbrite.co.uk/e/reimagine-management-and-productivity-in-a-post-pandemic-world-ticket... |
Description | Van Reenen presented to HMT Enterprise and Growth Seminar Series, "Policies to Raise Productivity & Pay: Innovation, Diffusion and Misallocation" (Dec 2021) |
Form Of Engagement Activity | A formal working group, expert panel or dialogue |
Part Of Official Scheme? | No |
Geographic Reach | Local |
Primary Audience | Policymakers/politicians |
Results and Impact | Van Reenen presented to HMT Enterprise and Growth Seminar Series, "Policies to Raise Productivity & Pay: Innovation, Diffusion and Misallocation" (Dec 2021) |
Year(s) Of Engagement Activity | 2021 |
Description | Venice Summer Institute 2023 presentations |
Form Of Engagement Activity | A talk or presentation |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Other audiences |
Results and Impact | Paul Mizen presented 'Who Wants to Improve Their Management? Evidence from UK Microdata' and Charlotte Meng presented 'Do Well Managed Firms Make Better Forecasts?' at the Venice Summer Institute 2023: Decision Making in Firms - Big Data and Management Practices, CESifo. |
Year(s) Of Engagement Activity | 2023 |
URL | https://www.cesifo.org/en/vsi23-big-data |
Description | VoxEU Post, April 2022: The Impact Of The War In Ukraine On Economic Uncertainty |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The war in Ukraine has led to an increase in economic uncertainty. This column reviews developments in a number of forward-looking measures of uncertainty that are available in close to real time. Daily measures of uncertainty have increased, but by much less than during the Covid-19 pandemic. Measures of subjective uncertainty derived from firm surveys have also increased, particularly those relating to future inflation. Almost half of UK firms saw the war as an important source of uncertainty for their business in March 2022. Factors such as energy use, demand, trade, and ownership are important determinants of business uncertainty regarding the conflict. |
Year(s) Of Engagement Activity | 2022 |
URL | https://cepr.org/voxeu/columns/impact-war-ukraine-economic-uncertainty |
Description | VoxEU Post, August 2022: Firming Up Price Inflation |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Inflation rates in the UK and US are currently at their highest levels in over 30 years. This column uses firm-level data from the Decision Maker Panel to study inflation dynamics in the UK, and in particular since the start of the Covid-19 pandemic. It finds an asymmetric effect of Covid-19 on inflation: positive demand shocks increased prices at the firm level by more than negative demand shocks lowered them. In addition to the rise in price growth, the dispersion and (positive) skewness of prices as well as within-firm price uncertainty have all increased sharply since the beginning of 2021. |
Year(s) Of Engagement Activity | 2022 |
URL | https://cepr.org/voxeu/columns/firming-price-inflation |
Description | VoxEU Post, August 2023: Price-Setting In A High-Inflation Environment |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Since 2021, inflation rates have increased sharply in many advanced economies. This column uses UK firm-level data from the Decision Maker Panel to study firm pricing strategies during the recent period of high inflation. Around 60% of firms reported that they have been setting prices by responding to specific events (state-dependent), with the remaining 40% adjusting prices at fixed intervals (time-dependent). Furthermore, state-dependent firms in the Panel changed prices more often and saw a larger and earlier initial rise in inflation rates than time-dependent firms. Such a non-linear response might help to explain why inflation has risen so much. Looking forward, these firms are expecting a larger fall in inflation rates over the year ahead. |
Year(s) Of Engagement Activity | 2023 |
URL | https://cepr.org/voxeu/columns/price-setting-high-inflation-environment |
Description | VoxEU Post, December 2022: Firm Inflation Expectations In Quantitative And Text Data |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | Inflation rates and short-term inflation expectations in the UK have increased significantly since 2021. This column uses quantitative and text data from the Decision Maker Panel to analyse the factors affecting inflation expectations at the firm level. It finds that firms' own price expectations are influenced by the labour market, input costs, energy, and, to a lesser extent, demand-side factors. Meanwhile, CPI expectations are dominated by energy cost considerations. Furthermore, it shows that the factors cited by firms are related in meaningful ways to their quantitative expectations. |
Year(s) Of Engagement Activity | 2022 |
URL | https://cepr.org/voxeu/columns/firm-inflation-expectations-quantitative-and-text-data |
Description | VoxEU Post, February 2024: Managers Say Working from Home Is Here To Stay |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The Covid-19 pandemic led to a dramatic increase in remote work across the world. This column uses new firm-level data from the UK to study expectations about working from home. Managers forecast levels of remote work within their own firms in 2028 that are almost identical to the levels in 2023. But aggregate working from home could still increase as younger firms tend to make more use of remote working, and they are likely to grow more quickly in the future. Matching this survey data to detailed firm accounts data shows that firms with higher levels of working from home have higher productivity and lower wage growth. |
Year(s) Of Engagement Activity | 2024 |
URL | https://cepr.org/voxeu/columns/managers-say-working-home-here-stay |
Description | VoxEU Post, January 2022: 'Potential Capital', Working From Home, And Economic Resilience |
Form Of Engagement Activity | A press release, press conference or response to a media enquiry/interview |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Professional Practitioners |
Results and Impact | The impact of an economic shock depends both on its severity and the resilience of the response. The COVID-19 pandemic caused a widespread decline in recorded GDP, but this was buffered by an unprecedented and spontaneous deployment of 'potential capital' - the dwelling/residential capital and connective technologies used while working from home. This column estimates that together, potential capital and labour working from home provided additional output margins and capacity which roughly halved the decline in GDP in the US and revises downwards the estimated total productivity gains in the business sector during the pandemic. |
Year(s) Of Engagement Activity | 2022 |
URL | https://cepr.org/voxeu/columns/potential-capital-working-home-and-economic-resilience |
Description | Working Better Conference |
Form Of Engagement Activity | Participation in an activity, workshop or similar |
Part Of Official Scheme? | No |
Geographic Reach | International |
Primary Audience | Policymakers/politicians |
Results and Impact | This one-day conference gathered together over 100 experts, policymakers and practitioners to explore new approaches to anticipate changes in the demand for skills and help people navigate into jobs that are right for them. Through fast-paced presentations and interactive workshop sessions, the event invited guests to explore ways that novel data sources, such as online job ads, can improve careers guidance, recruitment, curriculum development and policymaking. Our goal for the day was to galvanise a collaborative, cross-disciplinary community that integrates new techniques for labour market analysis into human-centred policy and service design. At Nesta, we believe that this approach will help reduce skills mismatches, prevent skills gaps from opening and make the world of work more inclusive. |
Year(s) Of Engagement Activity | 2019 |
URL | https://www.nesta.org.uk/event/workingbetter/ |