How IPOs Affect Workers: A New Study

Examining the role of human capital in cross-country income differences, the authors of this working paper develop a general equilibrium model where workers of different skill groups sort into occupations by comparative advantage. https://atlfed.org/3W9GdAL.

This is an interesting development that all Older Modern States will need to address in the coming years regarding #ageing and #labourmarkets. A significant difference is that Germany has a much higher level of technical and mid-level skills in its older workforce compared to the UK, suggesting that the incentives may align better with individuals who enjoy their work/have decent pay or conditions. As noted in the article, a similar scheme in Greece had a comparable effect. The key question is whether this effect is consistent across different income brackets. Interesting nonetheless. https://on.ft.com/3W3XZp2

🏛️ Make UK's expertise has been consulted at two Parliamentary Select Committees this week. Today, Senior Policy Manager for Employment and Skills, Jamie Cater, talked skills in transport manufacturing to the Transport Committee - highlighting the challenges around talent pipelines, shortages, and the pressures facing the sector. Yesterday, Senior Economist Fhaheen A Khan outlined to the Business and Trade Committee how skills shortages, rising costs and the accessibility of tax reliefs are key to unlocking finance for growing manufacturers. 📣 Representing the voice of #UKmfg in Westminster, we continue to inform and influence policy on the issues that matter most to industry. Watch a snippet from each discussion below 👇

Beyond the 'household budget' analogy: How accurately do we understand the operational realities of government finance? 🤔 My recent article, "The Empty Toolbox," examines the difference between a currency issuer (like Australia) and a currency user. Recognising this distinction shifts the focus from perceived financial limits to real resource capacity—a crucial insight for effective policy design. 📖 https://buff.ly/OtawhZV #MMT #FiscalPolicy #Economics #AustralianEconomy #Policy #MonetarySovereignty

🗣️ Insights from Labour Party Conference: What does this mean for business recovery? Our policy and public affairs manager, Céara Roopchand MCIPR, attended this year’s Labour Party Conference to hear firsthand how the party plans to tackle the UK’s economic challenges and what that means for the business recovery and insolvency profession. This year's conference revealed a noticeable shift in tone, emphasising fiscal discipline, stability, and growth, which provided valuable clues about the policy landscape ahead. 📘 Our latest blog breaks down the key takeaways – including what we heard at the fringe events and more:👉 https://lnkd.in/esdPXC3g #LabourConference #BusinessRecovery #Insolvency #EconomicGrowth #PublicAffairs

DoubleLine Deputy CIO Jeffrey Sherman explores how labor market equilibrium, fiscal policy, and shifting consumer dynamics are converging to reshape the fixed income landscape. https://lnkd.in/d8vbazx7

Michael Laws talks to economic commentator Craig Stobo about Auckland's economy, Labour's 'Future Fund', the BSA, and more. Watch the full video at https://theplatform.kiwi/

Examining the role of human capital in cross-country income differences, the authors of this working paper develop a general equilibrium model where workers of different skill groups sort into occupations by comparative advantage: https://atlfed.org/43BhYiW. Authors: Charles Gottlieb, Jan Grobovsek, Alexander Monge-Naranjo

Sir Jacob Rees-Mogg’s recent comments reflect a long-running divide over how much Brexit has influenced the UK’s economic performance. While he argues there’s “no evidence” that leaving the EU has harmed the economy, many economists and business groups have pointed to reduced trade, investment, and productivity growth since 2016. Labour’s current campaign appears aimed at framing these outcomes as the result of Conservative economic management and the Brexit process itself, while Conservatives counter that domestic policy decisions and not Brexit are to blame. The debate remains central to how both parties define responsibility for Britain’s sluggish growth. However, Sir Jacob’s comments overlook the growing body of evidence from the OBR, Bank of England, and independent economists showing Brexit has reduced trade and investment and slowed productivity. Blaming Labour for economic challenges ignores that the Conservatives have been in power for 14 years and long enough to own the consequences of their policies, including Brexit. But, he is right to push back on Labour’s attempt to rewrite history. The referendum was a democratic decision, and blaming Brexit for every economic issue is a lazy distraction from Labour’s lack of solutions. The UK’s problems stem from high taxes, heavy regulation, and years of poor fiscal management, not specifically leaving the EU, though undeniably have been exacerbated by not having a consistent long-term plan and dishonest communication about trade-offs. from leaving the EU.