Optimal smoothing in single-index models

Understand this issue

Gender norms, violence and adolescent girls’ trajectories: Evidence from India

comment

Changing the attitudes and behaviours of those enforcing restrictive societal norms is critical for meaningful improvements in women’s wellbeing.

24 October 2022

Why is the government reforming health-related benefits?

podcast

We discuss the government's welfare reforms aimed at helping sick and disabled people into work, and what the changes mean for health-related benefits

14 May 2025

Drastic times need drastic action: breaking the 50-year tax taboo

comment

Rachel Reeves should consider increasing the basic rate, just as Denis Healey did in 1975 

14 April 2025

Policy analysis

Which places have the highest standard of living?

comment

Measuring living standards using average household spending gives a starkly different picture of regional inequalities than using average income.

11 April 2025

ABC of SV: Limited Information Likelihood Inference in Stochastic Volatility Jump-Diffusion Models

report

We develop novel methods for estimation and filtering of continuous-time models with stochastic volatility and jumps using so-called Approximate Bayesian Compu- tation which build likelihoods based on limited information.

12 August 2014

Assessing the economic benefits of education: reconciling microeconomic and macroeconomic approaches

report

This CAYT report discusses the strengths and limitations of several approaches to assessing the effect of education on productivity.

14 March 2013

Academic research

Estimating intra-household sharing from time-use data

working paper

Estimating intra-household sharing is crucial to understanding overall inequality. However, expenditure data is almost always at the household level.

2 May 2025

Focal pricing constraints and pass-through of input cost changes

working paper

I show that the adoption and extent of focal pricing practices in an industry in general do not lower average pass-through of input cost changes.

2 May 2025

Using tax records to correct for under-representation of top income sources in surveys

journal article

We show that the survey correction method of Blanchet, Flores and Morgan (2022) can fail to correct its structure by components.

6 May 2025