Ricardo Reis's picture
Affiliation: 
London School of Economics
Credentials: 
AW Phillips Professor of Economics

Voting history

Assisting Households Facing Rising Energy Costs

Question 3: Should a windfall tax be used to (fully or partially) finance support to households?

Answer:
No
Confidence level:
Very confident
Comment:
Will discourage investments on energy supply for the future. I'm not extremely confident of this because of the tendency, in the other direction, to bail out large powerfully-connected companies (like energy producers) when they have extraordinary losses.

Question 2: Which of the following is the best way to address the impact of rising energy costs on household finances?

Answer:
Conditional/targeted transfers
Confidence level:
Very confident
Comment:
Some ex post transfers to fix lack of social insurance ex ante, albeit with a great deal of humility on what can be achieved.

Question 1: Overall, which of the following best characterises how the government’s proposed energy policies will leave the average UK household over the medium term:

Answer:
Worse off
Confidence level:
Very confident
Comment:
Price caps are a very bad idea, especially if they bind by as much and for as long as this one might well do.

Levelling Up Productivity Gaps in the UK

Question 2: Which policies could best help reduce regional productivity disparities?

Answer:
Tax policy
Confidence level:
Not confident

Question 1: What is the primary factor driving regional productivity disparities in the UK?

Answer:
Agglomeration Effects
Confidence level:
Not confident

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