Comment The Treasury and Bank of England should prepare for a three-pronged economic shock from ‘no deal’ 1 October 2019 by Jack Leslie It’s a well-worn trope that no one knows what the economic impact of a no deal Brexit would be. And for good reason. The scale of disruption at the border,… Continue Reading
Publications Seeking public value The case for balance sheet targeting in fiscal policy 29 September 2019 by Richard Hughes The traditional measures of government financial performance in the UK, public sector net borrowing and debt, do not fully capture the way in which people think about, talk about, and… Continue Reading
Publications Dealing with ‘no deal’ The economic policy response to a ‘no deal’ Brexit 19 September 2019 by Richard Hughes and Jack Leslie and Cara Pacitti and James Smith This report provides a framework for understanding what role macroeconomic policy can play in alleviating the economic impact of a ‘no deal’ Brexit. It provides an estimate of the impact… Continue Reading
Comment Is the UK recession ready? 9 September 2019 by Torsten Bell The good news is we’ve now managed a recession free decade since the financial crisis. The bad news is that history teaches us this is quite unusual – booms and… Continue Reading
Publications Recession ready? Assessing the UK’s macroeconomic framework by James Smith and Jack Leslie and Cara Pacitti and Fahmida Rahman This report is the launch paper for the Resolution Foundation’s Macroeconomic Policy Unit. It provides the most comprehensive assessment of the UK’s macroeconomic policy framework since the financial crisis, focusing… Continue Reading
Publications Quantitative (displ)easing? Does QE work and how should it be used next time? 7 September 2019 by Jack Leslie and Fahmida Rahman and James Smith and Joe Gagnon After the financial crisis, central banks purchased massive amounts of long-term bonds to stimulate economies. These purchases have come to be known as quantitative easing (QE) and have been hugely… Continue Reading
Events Dealing with ‘No Deal’ What should the Chancellor and Governor do? Thursday 19 September 2019 Across Whitehall, preparations for ‘No Deal’ are now dominating, from maintaining medical supplies to bolstering border controls. But the Treasury and the Bank of England also need to prepare a… Continue Reading
Events Ready for the next recession? Assessing the UK’s macroeconomic framework Monday 9 September 2019 To mark its launch of its new Macroeconomic Policy Unit, Resolution Foundation is hosting an event that brings together leading macroeconomists and policy makers, and will include the publishing of… Continue Reading
