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2016 Evidence Session 1 - Labour

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Labour Markets and Inclusive Growth

Date: Thursday 17 November 2016
Time: 12:00pm
Location: 32L 1.04 London School of Economics, 1st floor, 32 Lincoln's Inn Fields, London WC2A 3PH

Summary

Professor Steve Machin and his team are examining whether the UK’s employment success has come at the expense of low pay, and asking whether there is a way to ensure pay continues to rise so that growth is both sustainable and inclusive. 

Slides

David Autor Slides (PDF)

Richard Blundell Slides (PDF)

Speakers

David Autor (MIT) - one of the leading labor economists in the world and a member of the American Academy of Arts and Sciences, Autor is a professor and associate department head of the Massachusetts Institute of Technology Department of Economics. His current fields of specialization include human capital and earnings inequality, labor market impacts of technological change and globalization, disability insurance and labor supply, and temporary help and other intermediated work arrangements. 

Richard Blundell (UCL) - the David Ricardo Professor of Political Economy, University College London. He is also research director at the Institute for Fiscal Studies and director of the ESRC Centre for Microeconomic Analysis of Public Policy at the IFS. His many awards include the Yrjö Jahnsson Award (1995), the Econometric Society Frisch Medal (2000), the Jean-Jacques Laffont Prize (2008), and the BBVA Frontiers of Knowledge Prize (2015). Blundell was knighted in 2014 for his services to economics and social science.

Blundell’s research interests encompass consumer economics, econometrics and labour economics.

Gavin Kelly (Resolution Foundation) - Chief Executive of the Resolution Trust. Gavin is a leading media commentator on economics and public policy – writing for the Guardian, FT and other outlets as well as being a regular blogger for the New Statesman. He covers a wide range of issues spanning economic policy, low pay, welfare reform, public services and social mobility.

Matthew Whittaker (Resolution Foundation) - Chief Economist of the Resolution Foundation. He has been involved in the publication of numerous reports on the labour market, taxes and benefits, government finances, household debt and social policy. He took a leading role in defining the low to middle income group that is the focus of the Resolution Foundation’s work and has served on many working groups and advisory panels on issues relating to living standards. 

Rain Newton Smith (CBI) - Chief Economist at the CBI. Rain was most recently head of Emerging Markets at Oxford Economics where she managed a large team of economists and was the lead expert on China. 

Prior to that, Rain worked in monetary policy and international forecast to the MPC at the Bank of England where she led a team with responsibility for developing a risk assessment framework for the UK financial system. While at the Bank, she also went on secondment to the International Monetary Fund in Washington D.C. where she was adviser to the UK executive director. In 2010, Rain was selected as one of Management Today’s 35 Women Under 35.

Please note that the views expressed by the evidence givers do not necessarily reflect those of the LSE Growth Commissioners.

Please email us to register for this event at lsegrowth@lse.ac.uk

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