Thumbnail for Poverty Falling but Top 1% Race Ahead

Poverty Falling but Top 1% Race Ahead

30 Mar 2015

Is the gap between rich and poor widening?  INET Oxford’s Dr. Max Roser observes it is not that simple.  By looking at empirical data across a number of countries a complex pattern emerges.  In English speaking countries inequality has followed a U-shaped pattern, rising significantly in recent decades.  But in continental European countries and Japan the pattern has been L-shaped.  These two contrasting patterns suggest that different economic, institutional, policy and other factors across these cou...

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The Fed Needs Humans

09 Mar 2015

Eric Beinhocker and David Hendry respond in a Bloomberg piece to recent proposals in the US Congress to curtail the independence of the Federal Reserve.   U.S. legislators have a radical plan for the Federal Reserve, one of the world's most powerful policy-making institutions: They want to remove human judgment from its decisions on where to set interest rates. INET Oxford Executive Director Eric Beinhocker and Professor Sir David Hendry, Director of the Economic Modelling Programme argue in a Bloomberg View piece th...

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Thumbnail for Cameron Hepburn presents at the World Economic Forum’s Annual Meeting 2015 in Davos

Cameron Hepburn presents at the World Economic Forum’s Annual Meeting 2015 in Davos

04 Mar 2015

“Our atmosphere is one of the great global commons, and we use it collectively as a sewer.” says Cameron Hepburn from the Institute for New Economic Thinking at the Oxford Martin School. He says climate change remains “the mother of all problems,” and it’s vital we continue to work together for clean and affordable solutions. Cameron spoke at the WEF’s Annual Meeting in Davos earlier in the year on ‘Mitigating Climate Change’. You can watch the video here

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Thumbnail for Review of Nature in the Balance by Helm and Hepburn

Review of Nature in the Balance by Helm and Hepburn

03 Mar 2015

Professor Martin Weitzman of Harvard reviews the book Nature in the Balance, a volume on the economics of biodiversity edited by Dieter Helm and INET Oxford’s Cameron Hepburn, in the Journal of Economic Literature.  Click here to read the review.

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Thumbnail for High Speed Trading - How Fast is Too Fast?

High Speed Trading - How Fast is Too Fast?

27 Feb 2015

INET Oxford research shows trade-offs between liquidity and market stability in high speed trading   In today’s electronic financial markets a single investor can execute more than 10,000 trades a second.  Firms doing high-speed trading are willing to spend hundreds of millions of dollars to gain even a millionth of a second advantage over their rivals.  While technologically impressive questions have been raised about whether this activity is actually good for the markets and society or dangerous and des...

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Highlights From Our First Two Years

29 Jan 2015

Read INET Oxford's report summarising its research from 2012-2014 and profiling its people.   Click here for the full report

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Thumbnail for Project CRISIS Team Meets with Policymakers

Project CRISIS Team Meets with Policymakers

28 Jan 2015

The Project CRISIS team presented its work to senior figures from central banks, multilateral institutions and the financial sector.     One of INET Oxford's major projects is CRISIS  a consortium of eleven institutions who are building a large-scale agent-based model of the interlinked financial system and macroeconomy.  The purpose of the model is to give central banks and financial regulators a new tool for designing more effective policies to promote financial system stability and economic ...

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Thumbnail for Inequality, Growth & Prosperity paper for Inclusive Growth event

Inequality, Growth & Prosperity paper for Inclusive Growth event

28 Jan 2015

Brian Nolan, Programme Director for Employment, Equity & Growth at INET Oxford, has written a paper to support the upcoming Inclusive Growth event to be led by His Grace the Archbishop of Canterbury, Justin Welby. Click here to read the full paper. On Wednesday 4th February, His Grace the Archbishop of Canterbury, Justin Welby will deliver a speech on the 'The Good Economy' and priorities for reconnecting wealth creation with social justice. The event will also fea...

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Combatting Eurozone Deflation

27 Jan 2015

John Muelbauer argues not just for quantitative easing, but "helicopter money" to fight Eurozone deflation.   Writing in VoxEU.org, INET Oxford's John Muelbauer observes that Eurozone deflation is likely to become reality when the annual inflation figure for 2014 is announced in January. Muelbauer's column argues that the ECB should develop a strategy that works in the Eurozone’s unique financial setting, instead of simply following the Fed’s lead. The author proposes that the ECB ...

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Thumbnail for Cameron Hepburn Presents at World Economic Forum’s ‘Summer Davos’

Cameron Hepburn Presents at World Economic Forum’s ‘Summer Davos’

28 Oct 2014

Four Oxford Martin School academics conducted a lively interactive presentation at the World Economic Forum’s 8th Annual Meeting of the New Champions, held in Tianjin, People’s Republic of China, from 10-12 September 2014. Led by the School’s Director Professor Ian Goldin, they asked: What can we learn from nature? The Annual Meeting of the New Champions convened more than 1,500 participants from 90 countries under the theme ‘Creating Value through Innovation’. This was the 12th IdeasLab host...

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Thumbnail for OurWorldInData.org – a new web publication by INET Oxford shows how the world is changing

OurWorldInData.org – a new web publication by INET Oxford shows how the world is changing

27 Oct 2014

www.OurWorldinData.org is a new web publication that portrays the social, economic, and environmental history of our world up to the present day. The content is based on empirical data which is visualized in interactive graphs and maps. The online publication shows how living standards around the world have changed and covers a wide range of topics: Trends in health, food provision, the growth and distribution of incomes, violence, rights, wars, education, the environment and many other aspects are empirically analyzed and visua...

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Thumbnail for How Do We Balance Economy, Society and Environmental concerns?

How Do We Balance Economy, Society and Environmental concerns?

10 Oct 2014

One of the greatest challenges of the 21st century is how the world's poorest countries can develop in a way that is environmentally sustainable and just.  Richard Bailey of Oxford's School of Geography and Environment and INET Oxford's Sustainability Programme and colleagues recently applied the "planetary boundaries” concept, with the addition of social well-being indicators, to create a framework for “safe and just” inclusive sustainable development, integrating en...

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