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National Institute Economic Review articles from May 1989
Quarterly publication publishes research, commentary and forecasts on economic and social issues, includingeconomic modeling and analysis, productivity and competitiveness and education and training.
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National Institute Economic Review archives from May 1989
The economic situation. (Great Britain)
May 1, 1989... THE ECONOMIC SITUATION Inflation is accelerating worldwide, with Britain in the lead. For the seven largest industrial countries as a group the rate is expected to rise from about 3 per cent last year to about 4-1/2 per cent this year. The main...
The home economy. (Great Britain) (Chapter 1, includes article about manufacturing productivity in the 1980s)
May 1, 1989... CHAPTER 1. THE HOME ECONOMY
PART 1 RECENT DEVELOPMENTS AND 'POSSIBLE FUTURES'
The Treasury and Civil Service Committee of the House of Commons said in their Report on the 1989 Budget that 'the Chancellor was on a tightrope', meaning...
The world economy. (Chapter 2)
May 1, 1989... CHAPTER II. THE WORLD ECONOMY
The overall outlook
Our February forecast suggested that developments in the short term would be dominated by fears of accelerating inflation and policy responses to them. This has indeed been the case....
Productivity, machinery and skills: clothing manufacture in Britain and Germany.
May 1, 1989... PRODUCTIVITY, MACHINERY AND SKILLS: CLOTHING MANUFACTURE IN BRITAIN AND GERMANY
1. Introduction This is the third in a series of comparisons of matched manufacturing plants in Britain and Germany which examine productivity differences...
Two nations of shopkeepers: training for retailing in France and Britain.
May 1, 1989... TWO NATIONS OF SHOPKEEPERS: TRAINING FOR RETAILING IN FRANCE AND BRITAIN
1. Wider issues
A comparison between Britain and France of training for the retail trades brings to the fore some very basic questions, the answers to which are...
New measures of British service outputs.
May 1, 1989... NEW MEASURES OF BRITISH SERVICE OUTPUTS
1. The growth of service activities
Service sector economics now constitutes a major branch of economic studies although it is a field which no more than a decade ago was variously referred to...
Obtaining estimates for the standard errors of long-run parameters. (Macro Modelling Notes)
May 1, 1989... OBTAINING ESTIMATES FOR THE STANDARD ERRORS OF LONG-RUN PARAMETERS This note provides a practical illustration of the reparameterisation described by Wickens and Breusch (1988) which enables estimates of long-run coefficients and their standard...
Manufacturing export prices for the G7. (Group of Seven) (Macro Modelling Notes)
May 1, 1989... MANUFACTURING EXPORT PRICES FOR THE G7
The Institute World Model, GEM, has equations for manufacturing export prices for each of the G7 countries. The long-run solutions to the equations are all of the simple form:-- PXG =...
Terminal dates and dynamic properties of National Institute Model 11. (Macro Modelling Notes)
May 1, 1989... TERMINAL DATES AND THE DYNAMIC PROPERTIES OF NATIONAL INSTITUTE MODEL 11 Dynamic optimisation problems involving rational expectations require a transversality condition to produce a unique solution (see Hall, Henry and Wren-Lewis, 1986, for an...