Programme on Innovation and Diffusion

Creative destruction, AI, and the European recovery | LSE Event YouTube video by LSE

At an event celebrating his Nobel Prize award, Philippe Aghion
shows how the Schumpeterian growth paradigm can shed light on debates around secular stagnation, the middle-income trap, European decline & the impacts of AI, & can be used to rethink capitalism.
www.youtube.com/watch?v=5Kid...

New #POIDWorkingPaper on "Firm data on AI" by Jose Maria Barrero,@nickbloom.bsky.social, Philip Bunn, Steven Davis, Kevin Foster, Aaron Jalca, Brent Meyer,@paulmizen.bsky.social, Michael Navarrete, Pawel Smietanka, Gregory Thwaites, Ben Zhe Wang,@iyotzov.bsky.social
poid.lse.ac.uk/PUBLICATIONS...

Why inflation may respond faster to big shocks: The rise of state-dependent pricing Macroeconomic models distinguish time-dependent pricing, where firms change prices at fixed intervals, from state-dependent pricing, where firms change prices in response to changing demand or costs. This column presents new evidence on how firms set prices using direct questions from a large, economy-wide survey of UK firms. State-dependent pricing has increased since 2019 and is more common in smaller firms, those with higher non-labour costs, and those reporting higher uncertainty. Furthermore, empirical work shows that state-dependent firms respond faster to cost shocks, with larger differences for bigger shocks, consistent with theoretical predictions.

"Why inflation may respond faster to big shocks: The rise of state-dependent pricing"
Read the latest @voxeu.org column by Philip Bunn Nick Bloom Craig Menzies Paul Mizen Gregory Thwaites and Ivan Yotzov

Call for Papers!
LSE Environment Camp (20–21 May 2026):
PhD students across all fields of Econ are invited to submit research on environmental & energy issues.
Draft papers preferred, but extended abstracts welcome. Submission deadline: 6 March 2026.
www.lse-environment-...

Call for Papers!
LSE Environment Camp (20–21 May 2026):
PhD students across all fields of Econ are invited to submit research on environmental & energy issues.
Draft papers preferred, but extended abstracts welcome. Submission deadline: 6 March 2026.
www.lse-environment-week.com/environment-...

S3 E4: Product vs Process Innovations, Firm Growth, and Political Connections with Salomé Baslandze (Federal Reserve Bank of Atlanta)

The new @poidcast.bsky.social episode is out! @johnvanreenen.bsky.social and Ruveyda Gozen speak to
Salomé Baslandze from @atlantafed.org about her academic journey, product vs process innovations, firm strategy and growth, political connections, and more! Enjoy🥳
open.spotify.com/episode/5o8J...

Women in economics: academic perspectives and career opportunities | Oriana Bandiera, Anna Leach, Anna Valero | Wednesday 25 February 2026 18:00 - 19:30 | STICERD Event An event from the STICERD Public Events and Lectures series organised by STICERD

#LSEStaff #LSEStudents
Don't miss the upcoming @cep-lse.bsky.social & H.E.R @lse-sticerd-case.bsky.social event on "Women in economics: academic perspectives and career opportunities" by Oriana Bandiera, Anna Leach, @asvalero.bsky.social sticerd.lse.ac.uk/_new/events/...

New #POIDWorkingPaper
"Ray of Hope? China and the rise of solar energy" by Ignacio Banares-Sanchez, Robin Burgess, David Laszlo, Pol Simpson, John Van Reenen and @Yifan_Wang_econ
poid.lse.ac.uk/PUBLI...

Another of our latest #POIDWorkingPaper is looking at "What is the "right" geographic market definition?" by Christos Genakos and Themistoklis Kampouris
poid.lse.ac.uk/PUBLI...

Our latest #POIDWorkingPaper is on "Mapping Technological Trajectories: Evidence from two centuries of patent data" by @abergeaud.bsky.social, Ruveyda Nur Gozen and @johnvanreenen.bsky.social
poid.lse.ac.uk/PUBLICATIONS...

New #POIDWorkingPaper on resolving the automation paradox by David Autor and Kaushik Basu
poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper on incentive failures in machine learning by David Autor, Andrew Caplin, Daniel J. Martin and Philip Marx
poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper on leveraging subjective expectations for production functions by Stephen Bond, Agnes Norris Keiller, Tim Obermeier, John Van Reenen & Aureo de Paula
poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper on state and time-depending pricing by @nickbloom.bsky.social, Philip Bunn, Craig Menzies, @paulmizen.bsky.social, Gregory Thwaites, and @iyotzov.bsky.social
poid.lse.ac.uk/PUBLICATIONS...

Automation is not hollowing out British factory jobs - LSE Business Review Fears that new technology will wipe out jobs are as old as the factory floor. But automation in British factories is linked to higher employment.

"Automation is not hollowing out British factory jobs"
This LSE Blogs post by Aniket Baksy, @dan_chandler and Peter John Lambert presents research showing that rather than taking jobs away, automation in British factories is linked to higher employment.

New #POIDWorkingPaper
"The economic impact of Brexit" by Nick Bloom, Philip Bunn, Paul Mizen, Pawel Smietanka and Gregory Thwaites
poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper
"Unrest, layoff and productivity at a Bangladeshi sweater factory" by Robert Akerlof, Anik Ashraf, Rocco Macchiavello and Atonu Rabbani poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper
"Quality upgrading in global supply chains: Evidence from Colombian coffee"
By Patrick Farrell, Rocco Macchiavello, Josepa Miquel-Florensa, Eric Verhoogen and Nicolás de Roux
poid.lse.ac.uk/PUBLICATIONS...

New #POIDWorkingPaper "Promoting women to managerial roles in the Bangladeshi garment sector"
by Rocco Macchiavello, Andreas Menzel, Atonu Rabbani, and Christopher Woodruff
poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper "Funding the Ivory Tower: The effects of NSF institutional grants on universities and local innovation" by @gabricristelli poid.lse.ac.uk/PUBLI...

New #POIDWorkingPaper "When Trade Drives Markup Divergence: An application to auto markets" by Agnes Norris Keiller, @timobermann.bsky.social, Andreas Teichgraeber, and @johnvanreenen.bsky.social poid.lse.ac.uk/PUBLICATIONS...

📢Job vacancy: POID is hiring a Research Assistant to with John Van Reenen on cutting-edge research on innovation, difussion and productivity, contributing to co-authored, top-journal-quality outputs.
Apply 👉: ow.ly/vRLL50XZz98
📅 Deadline: Monday 16 February

⭐NEW WORKING PAPER 'Promoting women to managerial roles in the Bangladeshi garment sector'.

✒️CSAE's Chris Woodruff, Rocco Macchiavello, @amenzelecon.bsky.social & @atonurabbani.bsky.social

@poid-lse.bsky.social @lseid.bsky.social

poid.lse.ac.uk/PUBLICATIONS...

"Management matters. But only when the market rewards it."
Read the latest VoxDev article by Nick Bloom, Leo Iacovone, Mariana Pereira-López, and John Van Reenen

📢Job vacancy: POID is hiring a Research Assistant to with John Van Reenen on cutting-edge research on innovation, difussion and productivity, contributing to co-authored, top-journal-quality outputs.
Apply 👉: ow.ly/vRLL50XZz98
📅 Deadline: Monday 16 February

State and Time-Dependent Pricing Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

"State and Time-Dependent Pricing"
New @nber.org working paper by Philip Bunn, @nickbloom.bsky.social, Craig Menzies, Paul Mizen, Gregory Thwaites, and Ivan Yotzov
www.nber.org/papers/w34666

#POIDjob We are hiring a Research Assistant to work on a project lead by @johnvanreenen.bsky.social researching how to boost productivity through nurturing innovation and how to diffuse these ideas across the economy.
Apply by 16 February.
jobs.lse.ac.uk/Vacancies/W/...

#POIDBlog
@nickbloom.bsky.social, Gregory Thwaites and co-authors are discussing the effects of Brexit in the UK economy
poid.lse.ac.uk/PUBLICATIONS...

#POIDBlog @raffasadun.bsky.social shares insights on the human cost of change, making progress without a playbook, and how leaders can turn AI experiments into a competitive advantage
poid.lse.ac.uk/PUBLICATIONS...

POID | Publications | POID Blogs and Articles POID Blogs and Articles

#POIDin2024 Read our #POIDWorkingPapers on job displacement, technology adoption, Brexit, auto industry & markets, productivity & wages, Gen AI impact on productivity & inequality, disaster management, women investors, labour market power, and more topics