Publications in: Labour market economics
The Economic Impact of the Russell Group Universities’ R&D Activities
| Published: | 28 February, 2024 |
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London Economics were commissioned to assess the economic impact of research and commercialisation activities undertaken by the 24 Russell Group universities on the UK economy. Our analysis estimates that the total economic impact of the Russell Group’s core research and commercialisation activities in 2021/22 was approximately £37.6 billion. In terms of the components of this […]
LE Europe HE Fees and Funding Options in Ireland
| Published: | 4 May, 2022 |
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London Economics’ sister company, LE Europe, as part of the AARC Consortium (incorporating AARC, LE Europe and Indecon) were commissioned by the European Commission’s Directorate-General for Structural Reform Support (DG REFORM) to provide an analysis of the sustainability of higher education (HE) and further education and training (FET) in Ireland. The project’s general objective was […]
Agenda for Change Pay and House Prices Since March 2011 – June 2021
| Published: | 16 June, 2021 |
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London Economics were commissioned by the Royal College of Nursing to undertake an assessment of the how average UK house prices and total annual nursing staff pay has evolved since 2011. Using information from the Office for National Statistics and NHS Digital, the analysis identified that average house price inflation over the decade was approximately […]
The UK Tax Revenues from International Graduates – March 2019
| Published: | 21 March, 2019 |
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London Economics were commissioned by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways to undertake a detailed analysis of taxation receipts accrued by the United Kingdom Exchequer associated with international graduates in the UK labour market post graduation. The analysis focuses on the expected income tax, National Insurance and VAT contributions generated by the 235,325 international students commencing their studies in […]
Impact of the ONS Review on the Deficit – December 2018
| Published: | 10 December, 2018 |
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On 17th December 2018, the Office for National Statistics is expected to publish its recommendation on its review of the National Accounting treatment of student loans. This guidance will have significant consequences for the possible recommendations of the Augar Review, as well as the ability of the Government to implement any of those recommendations. Given […]
Estimating the Costs Associated with the Student Support Offer – December 2018
| Published: | 10 December, 2018 |
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Following publication in the Telegraph of some possibilities emerging from the Augar review, London Economics have estimated the economic cost associated with reducing annual tuition fees to £6,500 (with no additional Teaching grant); removing real interest rates; and reducing the repayment threshold to £21,000. The result is a £2.8 billion reduction in funding (per cohort) […]
Understanding the Limitations of Graduate Outcome Measures in Higher Education – September 2018
| Published: | 8 October, 2018 |
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The structure and level of higher education student support funding continue to be key policy questions for the UK Government. Perceived as financially unstable, the current arrangements have recently been the subject of numerous Parliamentary reports on higher education fees and funding. In parallel to these reviews of the current structure of student support arrangements, […]
Evaluation of Prisoner Learning – June 2018
| Published: | 07 June, 2018 |
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London Economics were commissioned by the Department for Education and Ministry of Justice to undertake an analysis of the OLASS4 offender learning in prisons. The analysis combined information from the Individualised Learner Record (on publicly funded training) with Ministry of Justice data relating to prisoners’ criminogenic characteristics and re-offending, as well as earnings and employment […]
Settling the Counterfactual Debate: Is There a Preferable Counterfactual when Estimating the Returns to Vocational Qualifications? – April 2018
| Published: | 11 April, 2018 |
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Using information from the Longitudinal Education Outcomes (LEO) data set, it is now possible to compare the characteristics and estimates for learners with different qualifications encompassing both types of counterfactuals used in the extant literature: learners in possession of qualifications at the ‘level-below’ and learners enrolling in similar vocational qualifications but failing to achieve (‘non-achievers’). […]
An Economic Assessment of Skill Gaps on Firm Productivity – November 2017
| Published: | 27 November, 2017 |
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London Economics has undertaken research for Filtered, an online training platform, providing comprehensive insight into employer demand for skills driven by skills gaps. Using the 2015 wave of the Employer Skills Survey (ESS), we found that skills gaps have a significant effect on a number of business outcomes, including losing business to competitors, delaying development, […]