“Build back better” has become a mantra of our time. In the US, the Biden administration is trying to secure a multi-trillion-dollar package of infrastructure spending to drive change. Cambridge Econometrics have ECONorthWest have been considering how local policy makers ca…
Posted by: Mary Goldman
Publish date: December 11, 2020 | 4:24pm11/12/2020
Although he might still be insisting otherwise, Donald Trump lost the 2020 presidential election. Joe Biden secured a victory with a record-breaking popular vote and the necessary electoral college votes to safely secure the presidency. Biden won the presidency,&nb…
Principal Economic Modeler, Unnada Chewpreecha, takes a look at what China’s net zero pledge means for jobs in the country.
Two weeks ago, President Xi of China announced that China intended to peak its CO2 emissions before 2030 and achieve carbon neutrality (net-zero CO2 emis…
Posted by: Hector Pollitt
Publish date: August 4, 2020 | 4:06pm4/8/2020
A rare dip into economic philosophy recently turned up a timely piece on the issues that macroeconomics is facing. It prompted our Head of Modelling, Hector Pollitt, to question the future of economics.
Robert Delorme lays out a ‘problem first’ approach to economic analysi…
Posted by: Jon Stenning
Publish date: June 17, 2020 | 5:34pm17/6/2020
The European Commission is currently running a public consultation on extending the European Union’s Emissions Trading System (EU ETS) to include road transport and the heating of buildings.
Jon Stenning explores the issue, drawing on technology diffusion and macroeconomic a…
Posted by: Zsófi Kőműves
Publish date: April 28, 2020 | 9:00am28/4/2020
“It’s not what you don’t know that kills you, it’s what you know for sure that just ain’t true”, Mark Twain.
Economist Zsófi Kőműves on why long-term megatrends matter in the context of climate change policies.
How well can we measure the effect of low-carbon policie…
Global GDP: we currently project the COVID-19 pandemic will reduce global GDP by 5 percent below a no-virus baseline in 2020 and 2021
Private indebtedness: the impacts on private indebtedness suggest that the subsequent recovery will be slow – while pre-crisis growth rate…
Posted by: Richard Lewney
Publish date: March 25, 2020 | 9:00am25/3/2020
Governments are trying to mitigate the threat posed by the Coronavirus pandemic to economic well-being.
This blog by Richard Lewney sets out the principal channels of impact and the issues that need to be addressed in designing mitigation measures.
It …
Posted by: Hector Pollitt
Publish date: March 10, 2020 | 4:30pm10/3/2020
Not long after the coronavirus COVID-19 grabbed news headlines, requests started coming to Cambridge Econometrics to model the economic impacts – so we quickly began looking into the possibilities. We subsequently published our initial modelling results.
The …
Posted by: János Hidi
Publish date: February 20, 2020 | 9:00am20/2/2020
In a series of speeches for the Bank of England, Mark Carney warned firms and investors that they must adapt to climate risks.
Sophie Heald explains how models can be used to help quantify these risks.
The last decade was the warmest ever. In recent months, we have see…