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Research articles and reports

Growth and Governance Hub

Diversity and Productivity: from Education to Work Annual Report 22/23

Abstract

The annual report for the Diversity and Productivity from Education to Workforce (DaPEW) project summarizes the key activities and insights gathered over the past year. This project addresses the pressing issue of productivity challenges in the UK, which has lagged behind its competitors since the 2008 financial crisis. It also highlights a significant diversity problem, with under-represented groups facing barriers in accessing productive education and career pathways. DaPEW is a collaborative effort led by leading researchers from various UK institutions. Its goal is to conduct rigorous research to understand the intricate link between diversity, inclusion, and productivity in the UK.

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Climbing up ladders and sliding down snakes: an empirical assessment of the effect of social mobility on subjective wellbeing
Paul Dolan, Grace Lordan 

LSE Research Online, published 20 October 2021

Abstract

We examine how intergenerational mobility impacts on subjective wellbeing (SWB) drawing on data from the British Cohort Study. Our SWB measures encapsulate both life satisfaction and mental health, and we consider both relative and absolute movements in income. We find that relative income mobility is a significant predictor of life satisfaction and mental health, whether people move upward or downward. For absolute income, mobility is only a consistent predictor of SWB and mental health outcomes if the person moves downwards, and in this case the impact is far larger than relative mobility. For both relative and income mobility, downward movements impact SWB to a greater extent than upward movements, consistent with exhibiting loss aversion. Notably, we find that social class mobility does not affect SWB. We present evidence that the significant relative and absolute mobility effects we find operate partially through financial perceptions and consumption changes which can occur because of income mobility.

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Behavioural science and the City
Dr Grace Lordan

Research for the World, published 12 January 2021

Abstract

Inclusion doesn’t just help individuals, it has financial benefits for firms, but innovation and creativity are needed if equality of opportunities is to be achieved. Grace Lordan leads The Inclusion Initiative, which aims to help the financial sector identify what will work for them.

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Inclusion in the City
Dr Grace Lordan, Director of The Inclusion Initiative and Karina Robinson, Co-Director of The Inclusion Initiative

Published November 2020

Abstract

To set the research agenda for the first phase of TII, we embarked on a piece of qualitative research that involved interviewing senior leaders in TII’s first priority area, Financial and Professional Services, to learn their beliefs about best practice in terms of improving inclusion at the firm level, and the obstacles that stand in the way of progress. With these insights at hand, we set a research agenda for TII that will tackle the most commonly cited obstacles, drawing on current insights from the behavioural science literature. The Inclusion in the City paper outlines what this agenda is. The primary aim being to inspire firms to adopt some of the ideas in this paper for their own in-house inclusion agendas, with their own people.

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