Question 3: To what extent will school closures increase gender inequality due to unequal gender distribution of the burden of school closures?
Answer:
No opinion
Confidence level:
Not confident
Question 2: To what extent will school closures increase inequality in human capital development?
Answer:
By a large amount and persistently
Confidence level:
Confident
Comment:
Inequalities at an early age cast the longest shadow because of cumulative consequences ('we learn to read then read to learn'). This will interact with the additional burden being on those in low skilled work and the lack of resources at home. The effects are likely to be most severe for those just starting school.
Question 1:What damage will school closures have on economic growth over a 10-15 year horizon?
Answer:
Large
Confidence level:
Confident
Comment:
A year of schooling is a large cost, albeit spread over life time earnings. Temporary school closures are also likely to interact with the already unequal costs of the virus across society and thereby widen social and regional disparities.
The CFM surveys informs the public about the views held by prominent economists based in Europe on important macroeconomic and public policy questions. Some surveys focus specifically on the UK economy (as the CFM is a UK research centre), but surveys can in principle focus on any macroeconomic question for any region. The surveys shed light on the extent to which there is agreement or disagreement among these experts. An important motivation for the survey is to give a more comprehensive overview of the beliefs held by economists and in particular to include the views of those economists whose opinions are not frequently heard in public debates.
Questions mainly focus on macroeconomic and public policy topics. Although there are some questions that focus specifically on the UK economy, the setup of the survey is much broader and considers questions related to other countries/regions and also considers questions not tied to a specific economy.
The surveys are done in collaboration with the Centre for Economic Policy Research (CEPR).
The Economic Cost of School Closures
Question 3: To what extent will school closures increase gender inequality due to unequal gender distribution of the burden of school closures?
Question 2: To what extent will school closures increase inequality in human capital development?
Question 1:What damage will school closures have on economic growth over a 10-15 year horizon?
COVID-19 and UK Public Finances
Question 2: What is the best way to (eventually) reduce public deficits and debt?
Question 1: How urgently should the UK government address the rise in public debt?
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