Monthly Archives: August 2015

Dr Alex Klein

US cities and productivity in the railroad era

There is increasing evidence that cities offer externalities that raise labour productivity. A column in Vox by Professor Nicholas Crafts from the University of Warwick and the School’s Dr Alex Klein looks at the contribution of US cities to productivity growth at the turn of last century. The findings show that increased specialisation, promoted by improved transportation, was the key to productivity growth. Today’s policymakers should heed this lesson. You can read the complete Vox article here.

The Vox piece was mentioned by Paul Krugman in his New York Times blog on 31 July. Click here to read his comments in full.

Monetary policy at the zero lower bound

Does monetary policy really face a zero lower bound or could policy rates be pushed materially below zero per cent? And would the benefits of reforms to achieve negative policy rates outweigh the costs?

A column in Vox, which reports the views of the leading UK-based macroeconomists, including the School’s Professor Jagjit Chadha, suggests that there is no strong support for reforming the monetary system to allow policy rates to be set at negative levels. Click here to read the full article…

NSS Top 10 for Economics at Kent

Economics at Kent is ranked in the top ten of the National Student Survey (NSS) again this year for the all important question ‘overall satisfaction with the quality of the course’ within a field of 74 UK institutions. Placed 10th overall, this is the 7th consecutive year that Kent has appeared in the top ten for this measure of student satisfaction.

Dr Alastair Bailey, Head of School, commented, ‘Coupled with our strong record in the other national league tables, we feel that our NSS result underlines the strength of Economics at Kent and the quality of education our undergraduate students receive. We are confident in claiming that Kent provides some of the best teaching in Economics and equips students with one of the strongest groundings in the discipline on offer in the UK.’

Graduates of Kent’s School of Economics are also among the most employable in the UK, according to The Guardian University Guide 2016. The School is ranked 5th in the UK for career prospects, with 86% of students finding graduate-level jobs or further study within six months of graduation. The 2016 table also ranks the School as 9th overall, placing us in the top 10 economics departments in the country.

Other league table results include 8th for Student Satisfaction in The Complete University Guide 2016 and 10th for Student Satisfaction in The Times and Sunday Times Good University Guide 2015.