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Stephen Nickell
Sir Stephen John Nickell, (born 25 April 1944) is a British economist and former warden of Nuffield College, Oxford, noted for his work in labour economics with Richard Layard and Richard Jackman. Nickell and Layard hypothesised the tendency for reduced unemployment to lead to inflation resulted from its effect on competitive bargaining in the labour market He is currently a member of the Office for Budget Responsibility's Budget Responsibility Committee. Education Nickell was educated at Merchant Taylors' School, Northwood and the University of Cambridge where he was a student of Pembroke College, Cambridge and studied the Mathematical Tripos. From 1965 until 1968 he was a mathematics teacher at Hendon County School. He was a postgraduate student at the London School of Economics, where he was awarded a Master of Science degree and was awarded the Ely Devons Prize. Career and research Nickell worked at the London School of Economics from 1970 until 1984, and again from 1998 ...
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University Of Cambridge
, mottoeng = Literal: From here, light and sacred draughts. Non literal: From this place, we gain enlightenment and precious knowledge. , established = , other_name = The Chancellor, Masters and Scholars of the University of Cambridge , type = Public research university , endowment = £7.121 billion (including colleges) , budget = £2.308 billion (excluding colleges) , chancellor = The Lord Sainsbury of Turville , vice_chancellor = Anthony Freeling , students = 24,450 (2020) , undergrad = 12,850 (2020) , postgrad = 11,600 (2020) , city = Cambridge , country = England , campus_type = , sporting_affiliations = The Sporting Blue , colours = Cambridge Blue , website = , logo = University of Cambridge logo ...
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Ely Devons
Ely Devons (29 July 1913 – 28 December 1967), an economist and statistician, was born in Bangor, Gwynedd North Wales, lived most of his life in Manchester and died after a long illness at St Thomas Hospital in London. He was survived by his wife, the concert pianist Estelle Wine, and their three children. His father was a rabbi from Lithuania, while scientist Samuel Devons was his brother. Life As a child Devons’ family moved throughout Britain and he was schooled at Hanley High School, Portsmouth Grammar School, and North Manchester Grammar School.Alec Cairncross, ‘Devons, Ely (1913–1967)’, ''Oxford Dictionary of National Biography'' (2004) . From 1931 to 1934, Devons attended the Victoria University of Manchester where he read Economics, Politics and Modern History and would graduate with first class honours. After graduating he received a research fellowship to undertake an MA specialising in Economics and produced a well-received thesis on productivity that ...
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Sonia Bhalotra
Sonia, Sonja or Sonya, a name of Greek origin meaning wisdom, may refer to: People * Sonia (name), a feminine given name (lists people named, Sonia, Sonja and Sonya) :* Sonia (actress), Indian film actress in Malayalam and Tamil films :* Sonia (singer), British pop star Sonia Evans :* Sonia, pen name of Ottavia Vitagliano (1894–1975), an Italian writer :* Sonia, code-name of Ursula Kuczynski, also known as Beurton, a spy for the USSR :*Queen Sonja of Norway :*Sonia Ben Ammar, French fashion model, actress and singer known mononymously as SONIA * Sonia people, an ethnic group on the Great Papuan Plateau of Papua New Guinea Other * Sonia, the allied code name for the Mitsubishi Ki-51, Japanese WW2 era bomber * SONIA Sonia, Sonja or Sonya, a name of Greek origin meaning wisdom, may refer to: People * Sonia (name), a feminine given name (lists people named, Sonia, Sonja and Sonya) :* Sonia (actress), Indian film actress in Malayalam and Tamil films :* Sonia ..., Sterlin ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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National Housing And Planning Advice Unit
The National Housing and Planning Advice Unit (NHPAU) was a quasi-autonomous non-governmental organisation (officially termed a non-departmental public body) set up by the Government of the United Kingdom in 2006 and formally launched in June 2007, with the aim of advising the government on the impact of planned housing provision on affordability, and in an attempt to counteract the growing numbers of citizens who were struggling to get on the property ladder in England. The body was part of the Department for Communities and Local Government (DC&LG) and was abolished in the 2010 UK quango reforms. History Founded in 2006 in response to increasing house prices, lack of affordable housing and as the result of the direct recommendation of Kate Barker’s March 2004 Review of Housing Supply, in which it was recommended that a body be created which could offer expert advice on housing matters, particularly that of affordability. Officially launched in June 2007, the body was ori ...
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British Academy
The British Academy is the United Kingdom's national academy for the humanities and the social sciences. It was established in 1902 and received its royal charter in the same year. It is now a fellowship of more than 1,000 leading scholars spanning all disciplines across the humanities and social sciences and a funding body for research projects across the United Kingdom. The academy is a self-governing and independent registered charity, based at 10–11 Carlton House Terrace in London. The British Academy is funded with an annual grant from the Department for Business, Innovation and Skills (BIS). In 2014–15, the British Academy's total income was £33,100,000, including £27,000,000 from BIS. £32,900,000 was distributed during the year in research grants, awards and charitable activities. Purposes The academy states that it has five fundamental purposes: * To speak up for the humanities and the social sciences * To invest in the very best researchers and research * To i ...
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Institute For The Study Of Labor
The IZA - Institute of Labor Economics (german: Forschungsinstitut zur Zukunft der Arbeit), until 2016 referred to as the Institute of the Study of Labor (IZA), is a private, independent economic research institute and academic network focused on the analysis of global labor markets and headquartered in Bonn, Germany. History Founded in 1998, IZA is a non-profit limited-liability organization supported by the Deutsche Post Foundation and other national and international sources. Restructuring On March 1, 2016, the Institute for the Study of Labor was restructured by Klaus Zumwinkel, CEO of the Deutsche Post Stiftung and president of IZA. A new institute on behavior and inequality research was founded while IZA will put more emphasis on policy-relevant research. Founding director Klaus F. Zimmermann, who did not accept these developments, left IZA on the 1st of March 2016. Work IZA runs the world's largest research network in economic science, comprising over 1,300 intern ...
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David Walton (economist)
David Robert Walton (30 May 1963 – 21 June 2006) was a British economist, and a member of the Bank of England's Monetary Policy Committee from July 2005 until his death in June 2006. Walton gained a BA in Economics and Politics with first class honours at Van Mildert College, Durham University in 1984. After graduating Walton took a position at HM Treasury working as an economist. He held this position until 1986 when he left to pursue an MA in Economics at University of Warwick, in which he gained a distinction. He joined the economics team at Goldman Sachs in 1987. In 2003 he was appointed as their Chief European Economist and as the Chairman of the Society of Business Economists. In 2005 became a Visiting Research Professor at the University of Oxford's Economics Department, and joined the Bank of England's Monetary Policy Committee. David Walton died on 21 June 2006 after contracting necrotising fasciitis, possibly occurring from the urinary tract The urinar ...
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Repurchase Agreement
A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of short-term borrowing, mainly in government securities. The dealer sells the underlying security to investors and, by agreement between the two parties, buys them back shortly afterwards, usually the following day, at a slightly higher price. The repo market is an important source of funds for large financial institutions in the non-depository banking sector, which has grown to rival the traditional depository banking sector in size. Large institutional investors such as money market mutual funds lend money to financial institutions such as investment banks, either in exchange for (or secured by) collateral, such as Treasury bonds and mortgage-backed securities held by the borrower financial institutions. An estimated $1 trillion per day in collateral value is transacted in the U.S. repo markets. In 2007–2008, a run on the repo market, in which funding for investment banks was ...
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David Blanchflower
David Graham Blanchflower, (born 2 March 1952), sometimes called Danny Blanchflower, is a British-American labour economist and academic. He is currently a tenured economics professor at Dartmouth College, Hanover, New Hampshire. He is also a research associate at the National Bureau of Economic Research, part-time professor at the University of Glasgow and a Bloomberg TV contributing editor. He was an external member of the Bank of England's interest rate-setting Monetary Policy Committee (MPC) from June 2006 to June 2009. British-born, Blanchflower is now both a British and an American citizen, having moved to the United States in 1989. He was appointed Commander of the Order of the British Empire (CBE) in the 2009 Birthday Honours. Education Blanchflower attended Varndean Grammar School for Boys in Brighton and Cantonian High School in Cardiff. He went on to earn a B.A. in Social Sciences (Economics) at the University of Leicester in 1973 and a Postgraduate Certificate in ...
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Monetary Policy Committee (United Kingdom)
The Monetary Policy Committee (MPC) is a committee of the Bank of England, which meets for three and a half days, eight times a year, to decide the official interest rate in the United Kingdom (the Bank of England Base Rate). It is also responsible for directing other aspects of the government's monetary policy framework, such as quantitative easing and forward guidance. The Committee comprises nine members, including the Governor of the Bank of England, and is responsible primarily for keeping the Consumer Price Index (CPI) measure of inflation close to a target set by the government, currently 2% per year (as of 2019). Its secondary aim – to support growth and employment – was reinforced in March 2013. Announced on 6 May 1997, only five days after that year's General Election, and officially given operational responsibility for setting interest rates in the Bank of England Act 1998, the committee was designed to be independent of political interference and thus to add cre ...
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Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ...
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