BA magna cum laude, Economics, University of Massachusetts, 1985 MSc Econometrics and Forecasting, City of London Polytechnic, 1991 PhD "Taxes, the location of multinationals and productivity: an empirical analysis using panel data," Keele University 1999
Rachel is a Deputy Research Director at IFS. Her research considers the relationship between government policy and economic performance. Her specific interests relate to empirical industrial organisation, the retail food sector, nutrition, innovation, productivity and corporate tax.
She is Professor of Economics at the University of Manchester, a Fellow of the British Academy, Editor of the Economic Journal, was elected to serve as President of the European Economic Association in 2015 and a Research Fellow of CEPR. She currently holds an ERC Advanced Grant on the Microeconomic Analysis of Prices, Food and Nutrition (see her website for details). Rachel has served as a director of the Review of Economic Studies.
Weak productivity growth is not confined to a few sectors of the economy
Productivity is currently the most talked about topic in town, and for good reason. At the end of 2014 UK productivity remained below its pre-recession level and 16% below where it would have been had the pre-recession trend continued. Looking forward, it is only productivity growth that is likely to spur increases in real wage growth and living standards. Alongside the upcoming budget, George Osborne will set out a plan for how to boost productivity.
This Observation aims to provide some context for current discussions by setting out what the most recent data shows about the trajectory of productivity across different sectors of the economy.