When local governments adopt living wage policies higher than the national minimum wage - firms that have procurement contracts have to pay the living wage and low-income workers see a significant boost to wages.

@S_machin_ and @Nik_datta
cep.lse.ac.uk/_NEW/publicati…

Have you ever seen such a beautiful event study?
8/n

By looking at how a company adjusted to having to pay a living wage higher than the national minimum wage, Nikhil Datta and Stephen Machin find that the company changed its internal structure and pay policies to absorb the change without reducing numbers.

'Government contracting and living wages > minimum wages' - New paper from Stephen Machin & myself now out as a Centre for Economic Performance DP.
The paper studies a prevalent ESG clause in government procurement contracts: Living Wages set considerably higher above the mandate minimum. (1/n)

New study by Stephen Machin and Nikhil Datta examines the impact of local government adoption of living wage policies on low-wage workers.
Read: ow.ly/Ew8R50RoXhZ

Join Kate Bell Stephen Machin alan manning
and Sarah O'Connor
as they explore what policies govt should introduce – or scrap – to bring about a better balance of power in our working lives.

📅 14 June
Chair: Kirsten Sehnbruch
#LSEFestival

lse.ac.uk/Events/LSE-Fes…

💭 III acting director Kirsten Sehnbruch recently took part in LSE School of Public Policy's Beveridge 2.0 event, on changing labour markets and the future of social protection, alongside Centre for Economic Performance 's Stephen Machin & Anna Valero, The Labour Party MP Alison McGovern, and LSE SPP's Luis Garicano 🇪🇺🇺🇦👇

Explore policy issues, challenges and innovative methods related to the economics of crime and the criminal justice system at the 5th annual Conference on the Economics of Crime and Justice.
Jeffrey Grogger Tom Kirchmaier Stephen Machin

More: ow.ly/wAHv50QXtKL

In the Economy 2030 Inquiry, CEP & Resolution Foundation recommended setting a new ambition for the min wage to reach 73% of median pay by 2029.

25 years after its introduction - Stephen Machin writes about the policy’s impact and future.

blogs.lse.ac.uk/politicsandpol…

Once the minimum wage was controversial. Now, 25 years on, @S_Machin_ looks at how the minimum wage has reduced wage inequality – and what needs to happen next to improve working life for lower earners.

blogs.lse.ac.uk/politicsandpol…

Today marks 25 years since the introduction of the national minimum wage. Once a controversial policy, it is now widely accepted and highly successful. Stephen Machin of Centre for Economic Performance reflects on what needs to happen next. blogs.lse.ac.uk/politicsandpol…

. MACHIN's 食の美味しさと未来 studies the role of labour market institutions in the context of the low growth and real wage stagnation that has characterised the UK labour market for the past two decades.
LSE Press LSE School of Public Policy
ow.ly/MmfG50QOL9E

We have a new paper out in AEJ: Applied! Measuring Absolute Income Mobility: Lessons from North America and Europe, joint with Maximilian Hell Adrian Adermon Jo Blanden Anne C. Gielen Stephen Machin Martin D. Munk Martin Nybom Outi Sirniö + others not on Twitter aeaweb.org/articles?id=10…

Join us to reflect on employment relationships and social protection at the event 'Beveridge 2.0: changing labour markets and the future of social protection'.

📅5 March, 6.30pm
Stephen Machin Alison McGovern Kirsten Sehnbruch Anna Valero Luis Garicano 🇪🇺🇺🇦
Register⬇️

lse.ac.uk/school-of-publ…

Join us next Thursday (29/2) for the next #CEPEOseminarseries with Professor Stephen Machin Stephen Machin covering 'government contracting and living wages'. Online or in person at IFS basement room, 7 Ridgmount Street, London, WC1E 7AE. Register here: ucl.zoom.us/webinar/regist…

The UK economy is stuck in stagnation station. 😫

How did we get here?
What are the consequences of it?
How do we get out of this predicament?

Professor Stephen Machin and Torsten Bell explain the possible solutions
#LSEResearchForTheWorld .

ow.ly/3QfW50QH44U

The UK’s relative decline has gone on long enough, it’s time for a new economic strategy.

Torsten Bell and Stephen Machin explain why British economic stagnation doesn't have to be terminal.

Read now ⤵️ …hfortheworld-else.cloud.contensis.com/research/resea…

Our new paper: 'School Management Takeover, Leadership Change and Personnel Policy' is out as an NBER working paper: nber.org/papers/w31994

When sponsors take over schools in the UK, appointment of new headteachers doubles, older and lower-achieving teachers leave, and pay scales entirely based on seniority are abandoned. from Emma Duchini, Victor Lavy, Stephen Machin, and Shqiponja Telhaj nber.org/papers/w31994

CEP in 2023

A new analysis of self-employed workers, published in September, showed that around two-in-five self-employed workers would switch to a salaried job if they could get the same pay. Robert Blackburn Stephen Machin @MariaVentura05

Read: ow.ly/iwr750QfvR3