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.
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Commentary pp. 4-7: Martin Weale and Garry Young
The UK economy pp. 8-28: Richard Kneller and Garry Young
Fiscal report pp. 29-34: Garry Young
The world economy pp. 35-40: Nigel Pain
Section II. Prospects for North America and Japan pp. 41-49: Nigel Pain
Section III. Prospects for the Euro Area pp. 50-69: Ray Barrell, Nigel Pain, Florence Hubert, Dirk Willem te Velde, Dawn Holland and Véronique Genre
Analysing major recessions: an analytical summary of a new study of large recessions in the twentieth century pp. 70-85: Christopher Dow
The US stock market and the global economic crisis pp. 86-105: Sushil B. Wadhwani
Asymmetric density forecasts of inflation and the Bank of England's fan chart pp. 106-112: Kenneth F. Wallis

Commentary: The UK and the world liquidity crisis pp. 4-7: Ray Barrell, Martin Weale and Garry Young
The UK economy pp. 8-27: Richard Kneller, Rebecca Riley and Garry Young
The world economy pp. 28-34: Nigel Pain
Section II. Prospects for North America and Japan pp. 35-43: Nigel Pain
Section III. Prospects for Europe pp. 44-56: Nigel Pain, Florence Hubert, Dirk Willem te Velde, Dawn Holland and Véronique Genre
Financial market contagion and the effects of the crises in East Asia, Russia and Latin America pp. 57-73: Ray Barrell, Karen Dury, Dawn Holland, Nigel Pain and Dirk Willem te Velde
The Working Families Tax Credit pp. 74-77: Pamela Meadows
The dollar, trade, technology and inequality in the USA pp. 78-86: Bob Anderton and Paul Brenton
Recent shifts in wage inequality and the wage returns to education in Britain pp. 87-96: Stephen Machin
Pension finance in a calibrated model of saving and income distribution for the UK pp. 97-107: James Sefton, Jayasri Dutta and Martin Weale

Commentary pp. 4-6: Martin Weale and Garry Young
The UK economy pp. 7-24: Garry Young
Fiscal report pp. 25-34: Martin Weale and Garry Young
The world economy pp. 35-42: Nigel Pain
Section II. Prospects for North America and Japan pp. 43-53: Nigel Pain
Section III. Prospects for Europe pp. 54-65: Julian Morgan, Florence Hubert, Dawn Holland, Dirk Willem te Velde and Véronique Genre
Financial crisis in East Asia: bank runs, asset bubbles and antidotes pp. 66-82: Marcus Miller and Pongsak Luangaram
Raising schooling attainments by grouping pupils within each class pp. 83-88: S.J. Prais
The implications of the Boskin Report pp. 89-98: Nicholas Oulton
Labour costs and employment policy pp. 99-108: Robert Hart and Robin J. Ruffell
Large-scale EMU: the May Council decisions and implications for monetary policy pp. 109-114: John Arrowsmith

Commentary and UK Policy Implications pp. 4-6: Martin Weale and Garry Young
Commentary: The Single Market pp. 7-10: Iain Begg
The UK Economy pp. 11-29: Rebecca Riley and Garry Young
The World Economy pp. 30-35: Julian Morgan and Nigel Pain
Section II. Prospects for North America and Japan pp. 36-45: Nigel Pain
Section III. Prospects for Europe pp. 46-62: Julian Morgan, Florence Hubert, Dawn Holland and Dirk Willem te Velde
The Treasury Forecasting Record: Some New Results pp. 65-79: Chris Melliss and Rod Whittaker
Technical Progress and the Natural Rate in Models of the UK Economy pp. 80-89: Keith B. Church, Peter R. Mitchell, Joanne E. Sault and Kenneth F. Wallis
Estimated Stabilization Costs of the EMU pp. 90-99: Ray C. Fair
Optimal Monetary Policy pp. 100-109: Andrew Blake, Martin Weale and Garry Young

Commentary and UK Policy Implications pp. 4-6: Martin Weale and Garry Young
Commentary: World Financial Market Turmoil and Global Economic Prospects pp. 7-8: Nigel Pain
The UK Economy pp. 9-26: Marie Sheldon and Garry Young
Fiscal Report pp. 27-36: Garry Young
The World Economy pp. 37-63: Julian Morgan, Nigel Pain and Florence Hubert
Developments in East Asia and their implications for the UK and Europe pp. 64-70: Ray Barrell and Nigel Pain
The Implications of Switching from Unfunded to Funded Pension Systems pp. 71-86: David Miles
The Stability Pact: Safeguarding the Credibility of the European Central Bank pp. 87-98: Michael Artis and Bernhard Winkler
The Internationalisation of German Companies' R&D pp. 99-115: John Cantwell and Rebecca Harding

Commentary pp. 3-6: Martin Weale and Garry Young
The UK Economy pp. 7-24: Marie Sheldon and Garry Young
The World Economy pp. 25-55: Ray Barrell, Julian Morgan, Nigel Pain and Florence Hubert
There Is No Silver Bullet: Investment and Growth in the G7 pp. 57-74: Chrys Dougherty and Dale Jorgenson
Economic Growth in East Asia and Western Europe Since 195 0: Implications for Living Standards pp. 75-84: Nicholas Crafts
Productivity, Machinery and Skills in the United States and Western Europe pp. 85-98: Geoff Mason and David Finegold
Total Factor Productivity Growth and the Role of Externalities pp. 99-111: Nicholas Oulton