Oxford Econ Policy
@oxrepjournal.bsky.social
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Peer-reviewed journal bridging the gap between academic economics and policy debates since 1985. RTs aren't endorsements. http://academic.oup.com/oxrep/issue
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oxrepjournal.bsky.social
Eleanor Carter and Michael Gibson explore the evolving roles of the state, issues arising from outsourced delivery, emerging collaborative models, and the increasing role of citizens in welfare provision. #Welfare #PublicPolicy
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Delivering the UK welfare state
Abstract. A range of welfare services are delivered to citizens on behalf of the state, both directly by public servants, and by private actors from the fo
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oxrepjournal.bsky.social
Rising health spending threatens fiscal sustainability in England. Anita Charlesworth and Ann Raymond suggest that long-term funding must rely on higher taxes or private spending due to limited scope for public service cuts. #NHS #FiscalPolicy
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Affording the NHS: estimating demand pressures and the options for addressing the challenge of fiscal sustainability
Abstract. Rising health spending is increasingly becoming a key concern for policy-makers across many high-income countries due to ageing populations and i
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oxrepjournal.bsky.social
Council housing, once common and broadly accessible, now serves mainly low-income households and sees minimal new builds. Peter A. Kemp finds that social housing covers only 1 in 6 households today. #HousingPolicy #uk
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Reserved for the poor? Social housing in a liberal market economy
Abstract. Since 1980, social housing has undergone a fundamental transformation in England. In the 1970s, three out of ten households, the majority of whom
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oxrepjournal.bsky.social
UK pensions face challenges from an ageing population. Jonathan Cribb, Carl Emmerson and Heidi Karjalainen argue that this implies raising pension age—hitting poorer groups hardest—or limiting ‘triple lock’ indexation, impacting higher earners more. #Pensions
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The future of public pension provision in the UK: challenges and trade-offs
Abstract. The UK state pension system faces significant challenges given the country’s ageing population, but at the same time it is crucial for retirement
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oxrepjournal.bsky.social
In 2023, the UK tax-benefit system reduced income inequality by 27.6%, trailing France. Victoria Prowse shows that fiscal drag disproportionately affects low earners, while advocating for higher Universal Credit to limit inequality. #TaxPolicy #Inequality
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Programme interactions and fiscal drag in the UK tax-and-benefit system: effects on income inequality
Abstract. This paper provides a comprehensive quantitative analysis of the UK tax-and-benefit system in 2023, focusing on its impact on income inequality.
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oxrepjournal.bsky.social
David Coady traces 40 years of UK fiscal redistribution. Labour’s 1997–2010 expansion boosted budget effort but cut progressivity; post-2010 austerity reversed this. Notably, redistribution to the poorest declined throughout. #Welfare #UKPolicy
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Fiscal redistribution cycles: four decades of social assistance in the UK
Abstract. This paper describes the evolution of fiscal redistribution (FR) in the UK through social assistance transfers over the last four decades and the
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oxrepjournal.bsky.social
Sustained productivity growth underpins a successful welfare state but the UK has faced years of stagnant real wages and weak productivity. Stephen Machin explores policies to revive sustained wage growth. #Growth #UK
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oxrepjournal.bsky.social
The Nordic welfare model is lauded for balancing high income and equality in open economies with large public sectors. Torben M. Andersen and Michael Svarer review its features, resilience, and policies, while exploring future challenges. #Welfare #Nordics
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oxrepjournal.bsky.social
Rhys Andrews examines divergence in local welfare expenditure across the devolved UK. While academy school expansion in England reduced local education spending, Scotland’s free social care policy increased adult social care expenditure. #LocalWelfareUK
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Local education and social care in England, Scotland, and Wales: spending patterns, priorities, and prospects
Abstract. This paper explores the changing nature of the local welfare state in England, Scotland, and Wales. The potential impact of policy changes within
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oxrepjournal.bsky.social
The British welfare state faces challenges in service delivery and funding. Christopher Adam and @iremguceri.bsky.social discuss ageing populations, precarious work, and housing shortages, and explore how Labour can make welfare fit for the future. #FutureWelfareUK
oxrepjournal.bsky.social
Lawrence Goldman traces the British welfare state’s evolution through the 1830s, 1900s, and 1940s, arguing that issues from the Poor Law era still resonate. Similarly, Beveridge and Bevan's visions underpin welfare provision even today. #Welfare
oxrepjournal.bsky.social
Recommender systems are both a beneficial tool and source of market distortion. In the OxREP, @EmilioC_, Giacomo Calzolari, Vincenzo Denicolò, and Sergio Pastorello argue that the benefits of RS need to be balanced against their economic implications. academic.oup.com/oxrep/articl...
oxrepjournal.bsky.social
Are the traditional tools and frameworks of competition policy robust to artificial intelligence? In the OxREP, Catherine Tucker discusses how competition policymakers can identify bad intent by firm when confronted with algorithm-based decision-making. academic.oup.com/oxrep/articl...
How does competition policy need to change in a world of artificial intelligence?
Abstract. This paper investigates how the advent of artificial intelligence is likely to change competition policy. As economists we tend to view artificia
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oxrepjournal.bsky.social
Clarifying the discussion around eco-systems in competition policy, Pierre Régibeau and Katharine E. Rockett identify key theories of harm. Read the latest OxREP to find out more about “defensive foreclosure” and the Microsoft, Alphabet and Meta cases.
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Competition policy for conglomerates, platforms, and eco-systems
Abstract. We discuss the economics of eco-systems, distinct from other industrial structures but currently without an agreed definition. Our aim is to clar
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oxrepjournal.bsky.social
Insights from behavioural economics have been key to improving regulation of markets dominated by tech companies. Amelia Fletcher and Zita Vasas emphasise the importance of choice architecture in competition law cases in their contribution to the OxREP. academic.oup.com/oxrep/articl...
Implications of behavioural economics for the pro-competitive regulation of digital platforms
Abstract:. In recent years, the relevance of behavioural economics to competition policy has become ever more apparent, especially in digital markets. Choi
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oxrepjournal.bsky.social
Although firms' labour market power in the UK has not risen substantially, it has significant economic costs to some. In their OxREP article, Joel Kariel, Jakob Schneebacher and Mike Walker discuss the implications of these findings for competition agencies’ tools.
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Competition policy and labour market power: new evidence and open questions
Abstract. Emerging evidence on pervasive and rising market power in US labour markets has led some competition agencies to wonder if the prevailing focus o
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oxrepjournal.bsky.social
Damien Geradin and Stijn Huijts investigate in the latest OxREP whether the European Commission’s effects-based approach to abuses of dominant position has gone too far. Considering the DMA, they also assess how it could improve its enforcement mechanisms.
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Abuse of dominance: has the effects-based analysis gone too far?
Abstract. In 2008, following a long period of a so-called ‘formalistic’ approach to competition law, the European Commission adopted a more economic, effec
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oxrepjournal.bsky.social
Theories of harm in EU merger control have evolved rapidly. Using data extracted from merger decisions, Tomaso Duso, Lea Bernhardt and Joanna Piechucka analyse how the introduction of the new EU Merger Regulation in 2004 has impacted merger assessment.
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The evolution of ‘theories of harm’ in EU merger control
Abstract. We discuss the main theories of harm in EU merger control and their evolution since the 1990s. We present stylized facts and trends using data ex
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