Exogeneity, causality, and co-breaking in economic policy analysis of a small econometric model of money in the UK

1999 ◽  
pp. 1-28
Author(s):  
David F. Hendry ◽  
Grayham E. Mizon
1980 ◽  
Vol 91 ◽  
pp. 86-103 ◽  
Author(s):  
Christopher Allsopp ◽  
Vijay Joshi

The major controversies over alternative strategies for the UK economy are surveyed and evaluated in a non-technical manner, concentrating on the positions of three groups prominent in economic forecasting and policy analysis—the National Institute, the London Business School Centre for Economic Forecasting and the Cambridge Economic Policy Group.


2014 ◽  
Vol 23 (2) ◽  
pp. 169-191 ◽  
Author(s):  
Neil McHugh ◽  
Morag Gillespie ◽  
Jana Loew ◽  
Cam Donaldson

While lending for small businesses and business start-up is a long-standing feature of economic policy in the UK and Scotland, little is known about the support available for those taking the first steps into self-employment, particularly people from poorer communities. This paper presents the results of a project that aimed to address this gap. It mapped provision of support for enterprise, including microcredit (small loans for enterprise of £5,000 or less) and grants available to people in deprived communities. It found more programmes offering grants than loans. Grants programmes, although more likely to be time limited and often linked to European funding, were generally better targeted to poor communities than loan programmes that were more financially sustainable. The introduction of the Grameen Bank to Scotland will increase access to microcredit, but this paper argues that there is a place – and a need – for both loans and grants to support enterprise development across Scotland. A Scottish economic strategy should take account of all levels of enterprise development and, in striving towards a fairer Scotland, should ensure that the poorest people and communities are not excluded from self-employment because of the lack of small amounts of support necessary to take the first steps.


Utilitas ◽  
1990 ◽  
Vol 2 (2) ◽  
pp. 281-306 ◽  
Author(s):  
Sandra J. Peart

The precise nature of W. S. Jevons's utilitarianism as a guiding rule for economic policy has yet to be investigated, and that will be the first issue treated in this paper. While J. A. Schumpeter, for instance, asserted that ‘some of the most prominent exponents of marginal utility’ (including Jevons), were ‘convinced utilitarians’, he did not investigate the further implications for Jevons's policy analysis.


2017 ◽  
Vol 46 (4) ◽  
pp. 797-814 ◽  
Author(s):  
MAJELLA KILKEY

AbstractEuropean Freedom of Movement (EFM) was central to the referendum on the UK's membership of the EU. Under a ‘hard’ Brexit scenario, it is expected that EFM between the UK and the EU will cease, raising uncertainties about the rights of existing EU citizens in the UK and those of any future EU migrants. This article is concerned with the prospects for family rights linked to EFM which, I argue, impinge on a range of families – so-called ‘Brexit families’ (Kofman, 2017) – beyond those who are EU-national families living in the UK. The article draws on policy analysis of developments in the conditionality attached to the family rights of non-EU migrants, EU migrants and UK citizens at the intersection of migration and welfare systems since 2010, to identify the potential trajectory of rights post-Brexit. While the findings highlight stratification in family rights between and within those three groups, the pattern is one in which class and gender divisions are prominent and have become more so over time as a result of the particular types of conditionality introduced. I conclude by arguing that, with the cessation of EFM, those axes will also be central in the re-ordering of the rights of ‘Brexit families’.


2006 ◽  
Vol 5 (3) ◽  
pp. 387-398 ◽  
Author(s):  
Angus McCabe ◽  
Sangjin Hahn

Social enterprise has become an important component of governmental social and economic policy in both the UK and South Korea over the last decade. Both countries have experienced a growth in social businesses, with the UK recently adopting targets for the number of social enterprises established. Whilst the emphasis in the UK has been on their role in developing mixed economies of care and building entrepreneurial skills in deprived communities, the South Korean model has been more closely allied to US ‘welfare to work’ strategies. The paper explores these differences and critically examines the capacity of social enterprises to meet wider social and economic objectives.


2017 ◽  
Vol 17 (4) ◽  
pp. 205-217
Author(s):  
Blaine Stothard

Purpose The purpose of this paper is to examine the content of the strategy and assess its claims to be evidence based. Design/methodology/approach This study is a close-reading of the text with commentary on specific content and reference to wider contexts. Findings The strategy makes use of evidence in its sections on treatment. Much evidence, including that of the UK ACMD, is dismissed or ignored. The issue of funding in times of austerity is not considered in the strategy. The range and complexity of drug use and users are not fully considered. Research limitations/implications The strategy can be seen as an idealised ambition with little basis in reality without funding to support its aims. Social implications There is no consideration of the impact of macro-economic policy on the extent of drug misuse. Originality/value Other commentaries on the strategy are emerging. This paper is a more extensive consideration than has so far appeared.


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