Peter Levell
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peterlevell.bsky.social
Peter Levell
@peterlevell.bsky.social
1.3K followers 450 following 35 posts

Economist. Deputy Research Director at the Institute for Fiscal Studies @theifs.bsky.social.

https://sites.google.com/view/peter-levell/home

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Reposted by Peter Levell

benzaranko.bsky.social
Ben Zaranko @benzaranko.bsky.social · 15d
More on the productivity hedgehog here

observer.co.uk/news/busines...
In Britain’s ‘hedgehog economy’, growth is wild, spiky – ...
The spines on the OBR’s charts are a signal to the chancellor to pull all the levers to improve our growth prospects
observer.co.uk

Reposted by Peter Levell

bde-research.bsky.social
Banco de España Research @bde-research.bsky.social · 29d
Next seminar: @peterlevell.bsky.social (Institute for Fiscal Studies) joint work with Martin O'Connell and Kate Smith will be presenting "The welfare effects of price shocks and household relief packages: evidence from an energy crisis" on Oct 15, 12.00 CET. www.bde.es/wbe/en/areas... #bdeResearch#bdeResearch

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · 29d
NEW: Rachel Reeves needs a plan for a better tax system, not a half-baked dash for revenue.

📗 Stuart Adam, Isaac Delestre and @helenmiller.bsky.social's new IFS Green Budget chapter examines the Chancellor’s options for tax increases: ifs.org.uk/publications...

Reposted by Peter Levell

jintlecon.bsky.social
Journal of International Economics @jintlecon.bsky.social · Sep 29
New at JIE: "Household responses to trade shocks" by Aitor Irastorza-Fadrique (@aitor-if.bsky.social), Peter Levell (@peterlevell.bsky.social), Matthias Parey

doi.org/10.1016/j.ji...

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · Sep 26
NEW: Honouring the NATO commitment to increase defence spending to 3.5% of GDP by 2035 would reshape the British state.

@maxwarner.bsky.social & @beeboileau.bsky.social's new IFS Green Budget chapter, funded by @nuffieldfoundation.org, examines the past and future of UK defence spending:

[THREAD:]
Chart shows defence spending out-turn and plans. Title states: "Meeting the NATO defence spending commitment would be equivalent to spending an extra £36 billion, or £500 per person, a year in current terms."

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Sep 12
Do join us for this!
micmachf.bsky.social Micro Macro Household Finance Seminar Series @micmachf.bsky.social · Sep 12
🚨We're delighted to announce our next seminar!

Rebecca Diamond will be presenting "Where is Standard of Living the Highest? Local Prices and the Geography of Consumption" with a discussion by Cristian Badarinza

When? 🗓️ Friday 3rd October 15:30-17:00 BST
Register here tinyurl.com/mrnbu48w

Reposted by Michael Haliassos, Peter Levell

micmachf.bsky.social
Micro Macro Household Finance Seminar Series @micmachf.bsky.social · Sep 12
🚨We're delighted to announce our next seminar!

Rebecca Diamond will be presenting "Where is Standard of Living the Highest? Local Prices and the Geography of Consumption" with a discussion by Cristian Badarinza

When? 🗓️ Friday 3rd October 15:30-17:00 BST
Register here tinyurl.com/mrnbu48w

Reposted by Peter Levell, Lucy Barnes

timbale.bsky.social
Tim Bale @timbale.bsky.social · Feb 4
Fascinating (no, really!).
The way UK inflation is worked out is changing – and it will matter for everyone
Gathering data on consumer prices and the products we’re really buying will become far more precise, giving a better picture of how we deal with rising costs.
theconversation.com

Reposted by Peter Levell

heidikarj.bsky.social
Heidi Karjalainen @heidikarj.bsky.social · Jul 8
Had a good chat on
@moneybox.bsky.social with @paullewismoney.bsky.social
about our Pensions Review work and what we should do about the triple lock and automatic enrolment – you can listen to it here:

bbc.co.uk/sounds/play/...
Money Box - Future of Pensions and Heat Networks - BBC Sounds
A wide-reaching report makes recommendations about the future of pensions.
bbc.co.uk

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Apr 21
Really looking forward to this - it's going to be great!
theifs.bsky.social The Institute for Fiscal Studies @theifs.bsky.social · Apr 16
EVENT: IFS Annual Lecture: Trade Wars and the Future of Globalisation

Tue 20 May | 18:30–20:00 | The View, RCS England

This year's lecture will be presented by @meredith-crowley.bsky.social

Find out more and sign up: ifs.org.uk/events/ifs-a...
IFS Annual Lecture: Trade Wars and the Future of Globalisation | Institute for Fiscal Studies
Professor Meredith Crowley will deliver the 2025 IFS Annual Lecture.
ifs.org.uk

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Apr 17
A nice write up of our research as part of @escoeorg.bsky.social on local consumption spending. More info (and interactive graphics!) here! ifs.org.uk/articles/whi...

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · Apr 16
EVENT: IFS Annual Lecture: Trade Wars and the Future of Globalisation

Tue 20 May | 18:30–20:00 | The View, RCS England

This year's lecture will be presented by @meredith-crowley.bsky.social

Find out more and sign up: ifs.org.uk/events/ifs-a...
IFS Annual Lecture: Trade Wars and the Future of Globalisation | Institute for Fiscal Studies
Professor Meredith Crowley will deliver the 2025 IFS Annual Lecture.
ifs.org.uk

Reposted by Peter Levell

escoeorg.bsky.social
ESCoE @escoeorg.bsky.social · Apr 11
How much do living standards vary across the country?

ESCoE/ @theifs.bsky.social work finds that measuring living standards using average household spending gives a starkly different picture of regional inequalities than using average household income tinyurl.com/bfzajkr5

@peterlevell.bsky.social
Gautam Vyas, Research Economist at the IFS, ESCoE Research Associate, and an author of the paper, said: “People care deeply about regional inequalities, but rankings of living standards across areas depend greatly on how you measure them. Our findings challenge the conventional wisdom that the typical London household enjoys higher living standards than their counterparts across the country. Rather, it seems that a combination of higher housing costs and differences in saving behaviour implies that high incomes do not translate into higher consumption spending for Londoners.”

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Mar 20
Congratulations to @helenmiller.bsky.social on her appointment as the next director of the IFS!

Give her a follow!

ifs.org.uk/news/helen-m...
Helen Miller appointed as new Director of the Institute for Fiscal Studies | Institute for Fiscal Studies
The Institute for Fiscal Studies (IFS) is delighted to announce that Helen Miller has been appointed as its next Director.
ifs.org.uk

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · Jan 24
NEW PODCAST: Do tariffs work?

@pjtheeconomist.bsky.social and @peterlevell.bsky.social discuss the economic consequences of tariffs, why governments use them, and whether they actually achieve their intended goals.

➡️ Listen to the podcast here: ifs.org.uk/articles/do-...
Do tariffs work? | Institute for Fiscal Studies
We discuss the economic consequences of tariffs, why governments use them, and whether they actually achieve their intended goals.
ifs.org.uk

Reposted by Peter Levell

lgadenne.bsky.social
Lucie Gadenne @lgadenne.bsky.social · Dec 9
Our IFS report on air pollution is out! Good news first: air pollution (PM2.5) has HALVED in England since 2003, with a big drop during Covid. There's no rebound post Covid, somewhat puzzlingly. We use DEFRA data, monitoring station data shows the same thing. (1/7)
ifs.org.uk/publications...
Exposure to air pollution in England, 2003–23 | Institute for Fiscal Studies
We set out how air pollution (PM2.5) has changed across England and explore inequalities by ethnicity, income deprivation, region and age.
ifs.org.uk

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Nov 27
Our paper on cheapflation is now an ESCoE discussion paper
escoeorg.bsky.social ESCoE @escoeorg.bsky.social · Nov 27
A new ESCoE discussion paper from @taochen.bsky.social @uclofficial.bsky.social, @peterlevell.bsky.social @theifs.bsky.social and Martin O'Connell delves into "cheapflation" during the COVID-19 pandemic.

🛒Paper. ➡️ tinyurl.com/53xp5y6z
🛒Webinar recording. ➡️ tinyurl.com/msc3r4z4
Image shows groceries arranged in the shape of an upwards arrow

Reposted by Peter Levell

escoeorg.bsky.social
ESCoE @escoeorg.bsky.social · Nov 27
A new ESCoE discussion paper from @taochen.bsky.social @uclofficial.bsky.social, @peterlevell.bsky.social @theifs.bsky.social and Martin O'Connell delves into "cheapflation" during the COVID-19 pandemic.

🛒Paper. ➡️ tinyurl.com/53xp5y6z
🛒Webinar recording. ➡️ tinyurl.com/msc3r4z4
Image shows groceries arranged in the shape of an upwards arrow

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Nov 22
Check at our tool to see how house prices, and the housing stock, has changed in your local area
theifs.bsky.social The Institute for Fiscal Studies @theifs.bsky.social · Nov 22
NEW: How have house prices and house building changed across England since 1996?

📈 Explore how house prices and house building have changed in your area, and compare how responsive construction has been to prices, with our interactive map: ifs.org.uk/calculators/...

[THREAD: 1/8]

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · Nov 22
NEW: How have house prices and house building changed across England since 1996?

📈 Explore how house prices and house building have changed in your area, and compare how responsive construction has been to prices, with our interactive map: ifs.org.uk/calculators/...

[THREAD: 1/8]

Reposted by Christine Farquharson

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Nov 12
My colleague @maxwarner.bsky.social is new to BlueSky- follow him for excellent research on the evolving state of the NHS!
maxwarner.bsky.social Max Warner @maxwarner.bsky.social · Nov 12
NEW: Is NHS hospital productivity starting to rebound?
Over the last few years, @benzaranko.bsky.social and I have written and talked a lot about the NHS productivity problem. In a new @theifs.bsky.social comment (with new colleague Olly Harvey-Rich) we look at productivity over the last year.
1/12

Reposted by Peter Levell, Christine Farquharson

maxwarner.bsky.social
Max Warner @maxwarner.bsky.social · Nov 12
NEW: Is NHS hospital productivity starting to rebound?
Over the last few years, @benzaranko.bsky.social and I have written and talked a lot about the NHS productivity problem. In a new @theifs.bsky.social comment (with new colleague Olly Harvey-Rich) we look at productivity over the last year.
1/12

Reposted by Christine Farquharson

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Nov 11
On the economics job market? Opportunities for PhDs to join as Research Economists in labour/crime, public finance, and education/nutrition/health at the IFS @theifs.bsky.social
econjobmarket.org/positions/10... #EconSky
EJM - Econ Job Market
econjobmarket.org

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Nov 11
Are you on the economics job market? Opportunities for PhDs to join as post docs (one and three year post docs available) @theifs.bsky.social econjobmarket.org/positions/10... #EconSky
EJM - Econ Job Market
econjobmarket.org

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Nov 11
This is a great opportunity for students wanting to learn more about a career in economics research. Come along to find out more!
theifs.bsky.social The Institute for Fiscal Studies @theifs.bsky.social · Nov 7
IFS recruitment event: Summer students

Find out more about our summer placement scheme for current university students and meet IFS staff.

Monday 2 December | 5pm to 6pm | Online

Register here: https://buff.ly/4hAhrTV
IFS recruitment event: Summer students | Institute for Fiscal Studies
We're offer an opportunity to meet current IFS staff and find out more about our summer placement scheme for current university students.
buff.ly

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · Nov 7
IFS recruitment event: Summer students

Find out more about our summer placement scheme for current university students and meet IFS staff.

Monday 2 December | 5pm to 6pm | Online

Register here: https://buff.ly/4hAhrTV
IFS recruitment event: Summer students | Institute for Fiscal Studies
We're offer an opportunity to meet current IFS staff and find out more about our summer placement scheme for current university students.
buff.ly

Reposted by Peter Levell

lizmckeown.bsky.social
Liz McKeown @lizmckeown.bsky.social · Nov 5
Delighted to be on the Scientific Committee for next year's annual ESCoE conference which will take place at King's College London from 21-23 May 2025. We've launched the Call for Papers today with more details here: www.escoe.ac.uk/events/escoe... Take a look and get involved!
ESCoE Conference on Economic Measurement 2025 - Call for papers closes 13 Jan 2025 - ESCoE
ESCoE will hold its annual conference, organised in partnership with the UK Office for National Statistics (ONS), on 21-23 May 2025.
www.escoe.ac.uk

Reposted by Peter Levell

cepr.org
Centre for Economic Policy Research @cepr.org · Oct 31
New CEPR Discussion Paper
DP19628 What would you do with £500? (...in your own words)
Thomas Crossley (University of Michigan), @peterlevell.bsky.social (@theifs.bsky.social), Sofía Sierra Vásquez (EUI)
cepr.org/publications...
📉📈 #EconSky
#CEPR_MG #CEPR_PE
A longstanding puzzle in macroeconomics is why individuals with similar levels of available liquidity can have very different marginal propensities to consume (MPCs). We use a new approach to better investigate differences in consumer behaviour in response to hypothetical, one-off gains and losses: using open-ended questions and text analysis to understand the motives underlying consumers decisions. High-liquidity individuals with high MPCs often cite mental accounting motives. Apparently illiquid individuals report a range of coping mechanisms in response to a loss, including labour supply responses, relying on friends and family and selling possessions. This implies greater effective liquidity than narrow financial measures indicate.

peterlevell.bsky.social
Peter Levell @peterlevell.bsky.social · Oct 30
Looks like it’s going to be a big budget today.

Read my colleagues’ excellent insights here!
theifs.bsky.social The Institute for Fiscal Studies @theifs.bsky.social · Oct 30
Today the Chancellor will give her first Budget, you can find all of our IFS analysis in our Autumn Budget 2024 collection.

📗 Read here: ifs.org.uk/collections/...
Autumn Budget 2024 | Institute for Fiscal Studies
All our IFS analysis of Chancellor Rachel Reeves' Autumn Budget 2024.
ifs.org.uk

Reposted by Peter Levell

theifs.bsky.social
The Institute for Fiscal Studies @theifs.bsky.social · Oct 30
Today the Chancellor will give her first Budget, you can find all of our IFS analysis in our Autumn Budget 2024 collection.

📗 Read here: ifs.org.uk/collections/...
Autumn Budget 2024 | Institute for Fiscal Studies
All our IFS analysis of Chancellor Rachel Reeves' Autumn Budget 2024.
ifs.org.uk