Publications Unhealthy finances How to support the economy today and repair the public finances tomorrow 11 November 2020 by George Bangham and Adam Corlett and Jack Leslie and Cara Pacitti and James Smith This report provides analysis of the dual challenges faced by the government: ensuring that there is sufficient fiscal support through the crisis and recovery, and setting fiscal policy on a… Continue Reading
Publications The Bank of England’s options for supporting the economy Lessons from the US 4 November 2020 by James Smith and Tony Yates Ahead of this week’s Monetary Policy Committee meeting, we discuss what recent changes to how US policy makers approach setting interest rates might tell us about what additional support the… Continue Reading
Events Coronanomics The economic challenges of COVID-19 UpcomingMonday 30 November 2020 The COVID-19 pandemic has upended economies across the world. The daunting scale, pace and uncertainty of the crisis has presented huge challenges for economics, and for economic policymakers attempting to… Continue Reading
Events Coronanomics: Challenges from the distributional impact of the crisis UpcomingFriday 11 December 2020 Live interactive webinar. Register to receive access link. While the health implications of the COVID-19 crisis have fallen overwhelmingly on older generations, the economic fallout has fallen heavily on the… Continue Reading
Events Coronanomics: Challenges facing monetary policy makers UpcomingMonday 30 November 2020 Live interactive webinar. Register to receive access link. The financial crisis led central banks around the world to push interest rates to historic lows and print money in order to… Continue Reading
Events Coronanomics: Challenges facing fiscal policy makers UpcomingMonday 30 November 2020 Live interactive webinar. Register to receive access link. With a decade of low interest rates, low growth and low inflation leaving central banks in advanced economies unable to perform their… Continue Reading
Publications Macroeconomic Policy Outlook Q3 2020 21 September 2020 by James Smith and Jack Leslie This is our regular Macro Policy Outlook, providing a policy-focused take on the economy. In this edition, we focus on the labour market, and the prospects for unemployment. While the… Continue Reading
Publications Act now, or pay later The OBR’s Fiscal Sustainability Report makes clear the implications of a crisis-driven rise in unemployment for the public finances 14 July 2020 by James Smith and Cara Pacitti and Jack Leslie The OBR’s latest Fiscal Sustainability Report confirms its view that the current crisis could lead to the largest economic contraction in 300 years precipitating a return of unemployment levels not… Continue Reading
