Prospects for the UK Economy

Abstract

The production of this forecast is supported by the Institute's Corporate Members: Bank of England, HM Treasury, Mizuho Research Institute Ltd, the Office for National Statistics, Santander (UK) plc and by the members of the NiGEM users group.

Get full access to this article

View all access options for this article.

References

Barrell

, Choy

, Holland

and Riley

(2005), ‘The sterling effective exchange rate and other measures of UK competitiveness’, National Institute Economic Review, 191, pp. [add page numbers].

Barrell

, Hurst

A.I.

and Mitchell

(2007), ‘Uncertainty bounds for cyclically adjusted budget balances’, in Larch

and Martins

L.N.

(eds), Fiscal Indicators, Brussels, European Commission, pp. 187–206.

Bell

D.N.F.

and Blanchflower

D.G.

(2013), ‘Underemployment in the UK revisited’, National Institute Economic Review, 212, pp. F8–22.

Guichard

and Rusticelli

(2011), ‘Reassessing the NAIRUs after the crisis’, OECD Economics Department Working Papers, No. 918, OECD publishing, available at: http://dx.doi.org/10.1787/5kg0kp712f61-en.

Fic

and Portes

(2013), Macroeconomic Impacts of Infrastructure Spending, Report to Trade Union Congress.

Guled

(2013), Blue Book 2013: Methodological Improvements in the Financial Accounts, London, ONS.

Hardie

, Lee

and Perry

(2013), Impact of changes in the National Accounts and economic commentary for Q1 2013, Office for National Statistics.

House of Commons Treasury Committee (2013), Budget 2013, Ninth Report of Session 2012–13, HC 1063.

Kirby

and Lisenkova

(2012), ‘The future path of the UK labour force’, National Institute Economic Review, 222, pp. F61–4.

10.

MPC (2013), ‘Minutes of the Monetary Policy Committee Meeting held on 3 and 4 July’, available at: http://www.bankofengland.co.uk/publications/minutes/Pages/mpc/pdf/2013/mpc1307.aspx.

11.

Nolan

(2013), GDP Continuous Improvement: Improvements in the Estimation of Gross Fixed Capital Formation in the UK National Accounts, London, ONS.

12.

Office for Budget Responsibility (2013), Fiscal Sustainability Report, London, OBR.

13.

Thwaites

and Wood

(2003), ‘The measurement of house prices’, Bank of England Quarterly Bulletin, 43, 1, pp. 38–46.

14.

Weale

(2012) ‘Unsustainable consumption: the structural flaw behind the UK's long boom’, in Giudice

, Kuenzel

and Springbett

(eds), UK Economy: The Crisis in Perspective, Essays on the Drivers of Recent UK Economic Performance and Lessons for the Future, London, Routledge, pp. 59–79.