Ivan Yotzov
@iyotzov.bsky.social
Economist Bank of England / Decision Maker Panel. PhD from University of Warwick.
https://www.iyotzov.com
https://www.iyotzov.com
And firms which expect to lower wages have reported lower year-ahead expected wage growth.
April 25, 2025 at 4:14 PM
And firms which expect to lower wages have reported lower year-ahead expected wage growth.
Firms which expect to increase prices have reported higher year-ahead expected own-price growth…
April 25, 2025 at 4:14 PM
Firms which expect to increase prices have reported higher year-ahead expected own-price growth…
Differences are already visible in expectations! Firms which expect to lower employees in response to higher NICs have reported lower expected employment growth since the Budget…
April 25, 2025 at 4:14 PM
Differences are already visible in expectations! Firms which expect to lower employees in response to higher NICs have reported lower expected employment growth since the Budget…
Firms expect to adjust along multiple margins - Lower profit margins, higher prices, lower employment, and lower wages. The majority expect to adjust along multiple margins.
April 25, 2025 at 4:14 PM
Firms expect to adjust along multiple margins - Lower profit margins, higher prices, lower employment, and lower wages. The majority expect to adjust along multiple margins.
🚨NEW POST
In April 2025, the increases in employer NICs announced in the Autumn Budget came into effect.
We use Decision Maker Panel (DMP) survey data to study how UK firms plan to adjust and the effects on expectations up to March 2025. 🧵
In April 2025, the increases in employer NICs announced in the Autumn Budget came into effect.
We use Decision Maker Panel (DMP) survey data to study how UK firms plan to adjust and the effects on expectations up to March 2025. 🧵
April 25, 2025 at 4:14 PM
🚨NEW POST
In April 2025, the increases in employer NICs announced in the Autumn Budget came into effect.
We use Decision Maker Panel (DMP) survey data to study how UK firms plan to adjust and the effects on expectations up to March 2025. 🧵
In April 2025, the increases in employer NICs announced in the Autumn Budget came into effect.
We use Decision Maker Panel (DMP) survey data to study how UK firms plan to adjust and the effects on expectations up to March 2025. 🧵
Check out our updated working paper on “The Speed of Firm Response to Inflation”
Main Result: Firms respond to changes in headline inflation but not surprises relative to professional forecasts. Highlights distinction between “Wall Street” & “Main Street”
Link: www.nber.org/papers/w32731
Main Result: Firms respond to changes in headline inflation but not surprises relative to professional forecasts. Highlights distinction between “Wall Street” & “Main Street”
Link: www.nber.org/papers/w32731
February 11, 2025 at 6:41 PM
Check out our updated working paper on “The Speed of Firm Response to Inflation”
Main Result: Firms respond to changes in headline inflation but not surprises relative to professional forecasts. Highlights distinction between “Wall Street” & “Main Street”
Link: www.nber.org/papers/w32731
Main Result: Firms respond to changes in headline inflation but not surprises relative to professional forecasts. Highlights distinction between “Wall Street” & “Main Street”
Link: www.nber.org/papers/w32731
🎉 This month the Decision Maker Panel (DMP) celebrates its 100th survey wave 🎉
It has been an eventful 8.5 years and over 14,000 firms have responded to the survey since 2016!
We wrote a short blog summarising some key insights from the DMP over this period 👇
It has been an eventful 8.5 years and over 14,000 firms have responded to the survey since 2016!
We wrote a short blog summarising some key insights from the DMP over this period 👇
December 11, 2024 at 2:27 PM
🎉 This month the Decision Maker Panel (DMP) celebrates its 100th survey wave 🎉
It has been an eventful 8.5 years and over 14,000 firms have responded to the survey since 2016!
We wrote a short blog summarising some key insights from the DMP over this period 👇
It has been an eventful 8.5 years and over 14,000 firms have responded to the survey since 2016!
We wrote a short blog summarising some key insights from the DMP over this period 👇
🚨New Working Paper
In 1958, Bill Phillips plotted a convex relationship between unemployment and wage growth. But since then, many papers have worked with a linear Phillips curve.
In a new @nberpubs.bsky.social paper, we ask: “How Curvy is the Phillips Curve?”
Link: www.nber.org/papers/w33234
In 1958, Bill Phillips plotted a convex relationship between unemployment and wage growth. But since then, many papers have worked with a linear Phillips curve.
In a new @nberpubs.bsky.social paper, we ask: “How Curvy is the Phillips Curve?”
Link: www.nber.org/papers/w33234
December 9, 2024 at 8:29 AM
🚨New Working Paper
In 1958, Bill Phillips plotted a convex relationship between unemployment and wage growth. But since then, many papers have worked with a linear Phillips curve.
In a new @nberpubs.bsky.social paper, we ask: “How Curvy is the Phillips Curve?”
Link: www.nber.org/papers/w33234
In 1958, Bill Phillips plotted a convex relationship between unemployment and wage growth. But since then, many papers have worked with a linear Phillips curve.
In a new @nberpubs.bsky.social paper, we ask: “How Curvy is the Phillips Curve?”
Link: www.nber.org/papers/w33234
*New* @voxeu.org column on UK firm climate investment using data from the Decision Maker Panel out today!
VoxEU: cepr.org/voxeu/column...
Full working paper: www.nber.org/papers/w33081
VoxEU: cepr.org/voxeu/column...
Full working paper: www.nber.org/papers/w33081
November 20, 2024 at 10:25 AM
*New* @voxeu.org column on UK firm climate investment using data from the Decision Maker Panel out today!
VoxEU: cepr.org/voxeu/column...
Full working paper: www.nber.org/papers/w33081
VoxEU: cepr.org/voxeu/column...
Full working paper: www.nber.org/papers/w33081
The Decision Maker Panel is a monthly survey of UK businesses. Today, we published a paper which:
1. Provides an overview of survey structure & questions
2. Evaluates data quality
3. Info on how to access microdata
Paper: bankofengland.co.uk/working-paper/…
Website: https://decisionmakerpanel.co.uk
1. Provides an overview of survey structure & questions
2. Evaluates data quality
3. Info on how to access microdata
Paper: bankofengland.co.uk/working-paper/…
Website: https://decisionmakerpanel.co.uk
November 15, 2024 at 2:46 PM
The Decision Maker Panel is a monthly survey of UK businesses. Today, we published a paper which:
1. Provides an overview of survey structure & questions
2. Evaluates data quality
3. Info on how to access microdata
Paper: bankofengland.co.uk/working-paper/…
Website: https://decisionmakerpanel.co.uk
1. Provides an overview of survey structure & questions
2. Evaluates data quality
3. Info on how to access microdata
Paper: bankofengland.co.uk/working-paper/…
Website: https://decisionmakerpanel.co.uk