Fabien Postel-Vinay's picture
Affiliation: 
University College London
Credentials: 
Professor of economics

Voting history

National Living Wage and the UK economy

====================================================================

Question 2: Do you agree that the new NLW will have a muted effect on wages and prices?

====================================================================

Answer:
Agree
Confidence level:
Confident

====================================================================

Question 1: Do you agree that the new National Living Wage is likely to lead to significantly lower employment?

====================================================================

Answer:
Neither agree nor disagree
Confidence level:
Confident
Comment:
In the short run, probably not. In the medium to long run, if the plan to raise it to 60% of the median wage is carried out, then yes. The magnitude of potential disemployment effects of the minimum wage are likely to vary with the level of the minimum wage, and likely to be higher at higher levels of the min wage.

Brexit and financial market volatility

======================================================================

Question 2: Do you agree that the possibility of Brexit significantly increases uncertainty and volatility in financial markets and the economy in general?

======================================================================

Answer:
Agree
Confidence level:
Confident

======================================================================

Question 1: The value of the pound fell sharply this week. Do you agree that the public debate on Brexit can be expected to (continue to) lead to a substantially higher level of exchange rate volatility in the upcoming months?

======================================================================

Answer:
Agree
Confidence level:
Very confident

Market Turbulence and Growth Prospects

======================================================================

Question 2: Do you agree that the falls in share prices, low oil prices and the slowdown in some emerging market economies will have a significant negative impact on the UK’s economic recovery?

======================================================================

Answer:
Neither agree nor disagree
Confidence level:
Not confident

Pages