National Institute Economic Review

1959 - 2023

From National Institute of Economic and Social Research
Cambridge University Press, UPH, Shaftesbury Road, Cambridge CB2 8BS UK.
Contact information at EDIRC.
Bibliographic data for series maintained by Kirk Stebbing (csjnls@cambridge.org).

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INTRODUCTION: CLIMATE SUSTAINABILITY – EVIDENCE AND POLICY pp. 1-10: Arnab Bhattacharjee, J. Roderick McCrorie and Adrian Pabst
CAN THE UK ACHIEVE NET ZERO GREENHOUSE GAS EMISSIONS BY 2050? pp. 11-21: Jennifer Castle and David Hendry
CLIMATE-RELATED DISCUSSIONS ON SOCIAL MEDIA: CRITICAL LESSONS FOR POLICYMAKERS pp. 22-29: Anandadeep Mandal, Akshay Kaushal and Animesh Acharjee
GREENER IS CHEAPER: AN EXAMPLE FROM OFFSHORE WIND FARMS pp. 30-46: Subhamoy Bhattacharya and Dan Kammen
TEN KEY PRIORITIES, INNOVATIONS AND ACTIONS TO MITIGATE THE CLIMATE CRISIS pp. 47-54: John N. Ludden and Caroline Howitt
THE ROLE OF BATTERIES AND FUEL CELLS IN DECARBONISING THE UK ECONOMY pp. 55-63: David Stephen Pollock

INTRODUCTION TO THE SPECIAL ISSUE ON ADAM SMITH@300 pp. 1-4: Sayantan Ghosal, Vito Muscatelli and Graeme Roy
ECONOMIC PROGRESS AND ADAM SMITH’S DILEMMA pp. 5-11: Diane Coyle
ON THE PROMISES AND PERILS OF SMITHIAN GROWTH: FROM PIN FACTORY TO AI pp. 12-25: Marcus Miller
ADAM SMITH’S WEALTH OF NATIONS IS STILL RELEVANT TO UK TRADE POLICYMAKING ON INTERNATIONAL TRADE pp. 26-38: L. Winters
ADAM SMITH, COLONIALISM, AND LIBERAL IMPERIALISM pp. 39-50: David Williams
DUNCAN BLACK: HEIR TO ADAM SMITH AND THE SCOTTISH ENLIGHTENMENT pp. 51-60: John H. Aldrich
ADAM SMITH AS A MODEL FOR THE MODERN MONETARY-POLICY ECONOMIST pp. 61-69: Michael Bordo and Hugh Rockoff
ADAM SMITH AND THE BANKERS: RETROSPECT AND PROSPECT pp. 70-104: Alfred Duncan and Charles Nolan
ADAM SMITH AND THE NEO-LIBERAL PARADIGM: ON THE ESSENTIAL NATURE OF TRUST, AND REBALANCING CAPITAL pp. 105-143: Ronald MacDonald
‘PLUNDERING THE LIBERAL PHILOSOPHICAL TRADITION’? THE USE OR ABUSE OF ADAM SMITH IN PARLIAMENT, 1919–2023 pp. 144-156: Zachary Greene, Jan M. Jasinski, Graeme Roy, Thomas Schober and Thomas J. Scotto
MORAL SENTIMENTS AND SELF-INTEREST IN ADAM SMITH: TWO COMMENTS pp. 157-166: Sayantan Ghosal

THE SAHM RULE AND PREDICTING THE GREAT RECESSION ACROSS OECD COUNTRIES pp. 8-58: David Blanchflower and Alex Bryson
THE MACROECONOMIC EFFECTS OF RE-APPLYING THE EU FISCAL RULES: RETURNING TO THE STATUS QUO ANTE OR MOVING TO EXPENDITURE RULES? pp. 59-74: Christoph Paetz and Sebastian Watzka
CLIMATE POLICIES AND BUSINESS CYCLES: THE EFFECTS OF A DYNAMIC CAP pp. 75-90: Ulrich Eydam
INFLATION DIFFERENTIALS AMONG EUROPEAN MONETARY UNION COUNTRIES: AN EMPIRICAL EVALUATION WITH STRUCTURAL BREAKS pp. 91-109: Tasos Stylianou
NETWORK ANALYSIS OF HOUSING PRICE COMOVEMENTS OF A HUNDRED CHINESE CITIES pp. 110-128: Xiaojie Xu and Yun Zhang

HOUSEHOLD BEHAVIOUR UNDER RATIONING pp. 6-26: John Fitzgerald, Seán Kenny and Alexandra L. Cermeño
MONETARY POLICY: PRICES VERSUS QUANTITIES pp. 27-46: Ben Broadbent
KURZARBEIT/SHORT TIME WORKING: EXPERIENCES AND LESSONS FROM THE COVID-INDUCED DOWNTURN pp. 47-60: Bernard H. Casey and Ken Mayhew
IS HAPPINESS U-SHAPED IN AGE EVERYWHERE? A METHODOLOGICAL RECONSIDERATION FOR EUROPE pp. 61-75: David Bartram
HAPPINESS AND AGE—RESOLVING THE DEBATE pp. 76-93: David Blanchflower, Carol Graham and Alan Piper
ANOTHER LOOK AT A SENSIBLE FISCAL POLICY FOR THE SHARP RISE IN GOVERNMENT DEBT pp. 94-103: Forrest Capie, Meyrick Chapman, Chris Marsh and Geoffrey Wood

CLASSIC POLICY BENCHMARKS AND INEQUALITY pp. 8-12: James Bullard
LABOUR REGULATION AND PRODUCTIVITY IN THE UK SINCE 1945: DEBUNKING MYTHS ABOUT ‘DISEASE’, ‘MIRACLES’ AND ‘PUZZLES’ pp. 13-21: Jon Cruddas
THE ROLE OF AN NSI IN A PANDEMIC pp. 22-27: Ian Diamond
STATE CAPACITY AND ECONOMIC GROWTH: CAUTIONARY TALES FROM HISTORY pp. 28-50: Sheilagh Ogilvie
THE ECONOMY AND POLICY TRADE-OFFS pp. 51-65: Silvana Tenreyro

1. UK economic outlook pp. -: Rory Macqueen, Stephen Millard, Urvish Patel and Kemar Whyte
Global Economic Outlook pp. -: Corrado Macchiarelli, Barry Naisbitt, Janine Boshoff, Ian Hurst, Iana Liadze, Xuxin Mao and Patricia Sanchez Juanino
REGIONAL ECONOMIC DEVELOPMENT AND THE CASE OF WALES: THEORY AND PRACTICE AND PROBLEMS OF STRATEGY AND POLICY pp. 1-15: Jonathan Bradbury and Andrew Davies
DEVOLUTION, INDEPENDENCE AND WALES’ FISCAL DEFICIT pp. 16-33: Guto Ifan, Cian Siôn and Daniel Wincott
INSTITUTIONAL GEOGRAPHY ONCE MORE? DEVOLUTION ECONOMICS NORTHERN IRELAND STYLE pp. 34-47: Graham Brownlow
POLITICAL ECONOMY OF SECESSION: LESSONS FROM THE EARLY YEARS OF THE IRISH FREE STATE pp. 48-78: Seán Kenny and Eoin McLaughlin
THE PRODUCTIVITY PERFORMANCE OF DIFFERENT TYPES OF UK REGIONS AND THE CHALLENGES OF LEVELLING UP pp. 79-98: Philip McCann and Pei-Yu Yuan
THE POLITICS OF LEVELLING UP: DEVOLUTION, INSTITUTIONS AND PRODUCTIVITY IN ENGLAND pp. 99-116: Andy Westwood, Marianne Sensier and Nicola Pike

1. UK Economic Outlook pp. -: Rory Macqueen, Stephen Millard, Urvish Patel and Kemar Whyte
Global Economic Outlook pp. -: Corrado Macchiarelli, Barry Naisbitt, Janine Boshoff, Ian Hurst, Iana Liadze, Xuxin Mao and Patricia Sanchez Juanino
INTRODUCTION: DEVOLUTION AND SECESSION IN QUESTION pp. 4-6: Colin Jennings and Adrian Pabst
THE CURRENCY CONUNDRUM FOR AN INDEPENDENT SCOTLAND pp. 7-25: Ronald MacDonald
TRADE-OFFS: UNDERSTANDING FUTURE TRADE OPTIONS FOR SCOTLAND pp. 26-39: Gioele Figus, Peter McGregor, Stuart McIntyre and Graeme Roy
MANAGING SCOTLAND’S BORDERS AFTER INDEPENDENCE AND EUROPEAN UNION ACCESSION pp. 40-50: Katy Hayward, Nicola McEwen and Milena Komarova
PERSISTENT STATES: LESSONS FOR SCOTTISH DEVOLUTION AND INDEPENDENCE pp. 51-63: Vito Muscatelli, Graeme Roy and Alex Trew
STRESS TESTING THE FISCAL FRAMEWORK pp. 64-80: David Bell, David Eiser and David Phillips

Global Economic Outlook Inflation prompts policy normalisation pp. -: Corrado Macchiarelli, Barry Naisbitt, Janine Boshoff, Ian Hurst, Iana Liadze, Xuxin Mao, Patricia Sanchez Juanino and Craig Thamotheram
1. UK Economic Outlook: Covid-19 leaves inflation in its wake pp. -: Cyrille Lenoel, Rory Macqueen, Paul Mortimer-Lee, Urvish Patel and Kemar Whyte
INTRODUCTION: POPULISM IN QUESTION pp. 7-9: Sayantan Ghosal and Adrian Pabst
THE POLITICAL ECONOMY OF LEFT AND RIGHT POPULISM pp. 10-19: Jon Cruddas
THINKING ABOUT SOCIAL NORMS pp. 20-30: Ken Binmore
POPULISM AND THE ‘NARROW CORRIDOR’ OF LIBERTY AND JUSTICE pp. 31-50: Marcus Miller and Benjamin Zissimos
MISCOORDINATION, POLITICS AND POPULISM pp. 51-61: Chanelle Duley and Prasanna Gai
THE (IN)STABILITY OF DEMOCRACY pp. 62-66: Sayantan Ghosal and Eugenio Proto
BEYOND BINARIES: TECHNOCRACY, POPULISM AND PUBLIC POLICY pp. 67-80: Adrian Pabst