Economics

Valentina Romei

The number of self-employed in the UK rose by 60 per cent between 2011 and 2012 and now accounts for about 14 per cent of all people in employment.

This is a striking contrast with the rest of the OECD countries where the proportion of self-employed is generally declining. In 2011, there were between 2 and 5 percentage points fewer self-employed in South Korea, Turkey, Portugal, Japan and Italy than six years before. Most of the other OECD countries reduced their proportion of self-employed even if more slowly. Read more

Valentina Romei

Berlusconi, the billionaire former Italian prime minister pledged to reimburse Italians €4bn for an unpopular property tax. This is probably the first time he has promised to give money back, but it is definitely not the first time he has pledged to cut taxes.

Berlusconi lavished promises of tax cuts periodically throughout the past decade, but he failed to translate them into reality, even when he was in power from 2001 to 2006 and again from 2008 to the end of 2011.

In fact, according to the OECD the average income tax rate increased in Italy across all types of households, whereas it was reduced in most other OECD countries. Read more

How much do parents value a safe environment, green spaces and a good education for their children? Such things are priceless – except that, of course, they are not. The best things in life may be free, but buying a house in the vicinity of the best things in life is expensive.

Economic researchers use house prices like a movie jewel-thief uses an aerosol spray. The aerosol isn’t important by itself, but it reveals the otherwise invisible laser beams that will trigger the alarm. The house prices aren’t necessarily of much direct interest, but indirectly they reveal our willingness to pay for anything from a neighbourhood free of known sex offenders to the more familiar example of a popular school. Read more

Chris Cook

It is fairly well established, as various people have pointed out over the past few days, that poor children in the UK are more likely to be overweight than their richer peers. This is often seen as a curious reversal of older norms: poor children used to be lean.

But one aspect of modern poverty is the same as ever. Inner city school leaders sometimes talk about children looking poorer than others. What they are referring to is not weight, but height. Poor kids are usually shorter (especially ex-refugees). Read more

Kate Allen

Once the US presidential campaign is finished and the election won, the victorious candidate could be forgiven for thinking that the hard work has been completed. Whatever the state of the economy, the voters have chosen their set of policies and all that is needed now is to begin implementing them.

But the economy that the (re-)elected candidate thinks he is set to inherit may turn out to be quite different by the time of his inauguration. Read more

Chris Cook

Next week, the Department for Education is unveiling access to the Key Stage 4 league tables. The interesting policy thing to watch for is how many schools are under the floor target – these schools are at risk of a takeover by an academy chain. This is not straightforward: academy chains are not all equal, there is a limit to how far they can grow -and some of them are already struggling with the load they have.

Based on early drafts of the data returns (and assuming the DfE doesn’t calculate this stuff in an odd way*), about 240 schools last year failed to get 40 per cent of their pupils Cs in English, maths and three others. Of these, about 220 had a below-average number of pupils making “adequate progress” in English and maths, putting them at risk of takeovers.

Before the DfE starts its getting-tough-on-failing-schools routine, I thought I would update and republish two graphs. First, I have worked out what happens if you remove the failing schools. Answer: not an enormous amount. As ever, these are average results for poor pupils (on the left) running over to the richest (on the right).

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