ESCoE Conference on Economic Measurement 2023 - Registration Now Open


ESCoE Conference on Economic Measurement 2023 – Registration Now Open


17 May 2023 — 19 May 2023

King's College London, The Exchange, Bush House, 30 Aldwych, London WC2B 4BG


The Economic Statistics Centre of Excellence will hold its annual conference, organised in partnership with the UK Office for National Statistics on 17-19 May 2023 at King’s Business School, King’s College London.

The conference is free to attend and registration is now open, closing on 1 May 2023.

The conference is a meeting place for discussing recent research advances in economic measurement and statistics. The programme includes papers on many aspects of the measurement and use of economic statistics, focusing on the following:

  1. Inclusive Wealth Measures and Looking Beyond GDP;
  2. National Accounts (measurement issues regarding Prices, International Trade, Foreign Direct Investment);
  3. Net-Zero, Climate Change and the Environment;
  4. Subnational Statistics;
  5. Productivity and Innovation;
  6. Labour Markets, Households and Inequality.

The provisional programme is available here.

We will also be hosting a workshop ‘The language of (economic) data is visualisation: An interactive workshop’ on the final day run by the Economics Observatory. Details are available to download in EM2023 Information.

Scientific Committee Chairs:
Bart Los (University of Groningen and ESCoE)
Mary O’Mahony (King’s College London and ESCoE)
Arthur Turrell (Data Science Campus, ONS)

We are delighted to welcome this year’s keynote speakers.

17 May 2023 Professor David Miles (Imperial College, London)
House prices: the power of interest rates, demographics and work from home

Three forces will be at work in shaping the pattern and price of UK housing over coming decades: changes in interest rates and in demographics will – as ever – play a major role. A third force is one which was not anticipated to rank alongside those others in being a fundamental driver of housing conditions: the much greater ability (after the Covid shock) of many people to work from home. David Miles will consider the strength of these forces and what they might mean for the path of housing developments.

David Miles is Professor of Financial Economics at Imperial College, London. He has had previous academic positions at Birkbeck College, London and at Oxford University. He has undergraduate and masters degrees from Oxford University and a PhD from the University of London. He is a member of the Budget Responsibility Committee of the Office for Budget Responsibility, where he takes the lead on economic analysis. He is a member of the Commission of the Central Bank of Ireland. He was a member of the Monetary Policy Committee at the Bank of England between May 2009 and September 2015. As an economist he has focused on the interaction between financial markets and the wider economy. He was Chief UK Economist at Morgan Stanley from October 2004 to May 2009. In 2004 he led a government review of the UK mortgage market. In 2018 he completed a review for the UK Treasury on reference prices of UK government bonds. He has recently been an advisor to the IMF and to the reserve Bank of New Zealand. He is a research fellow of the Centre for Economic Policy Research and at the CESIFO research institute in Munich. He is Chair of the Board of Trustees of the Institute for Fiscal Studies. He was awarded a CBE in January 2016.

18 May 2023 Professor Diane Coyle (University of Cambridge and ESCoE)
The cost of computing and the productivity puzzle

One of the industries contributing substantially to the post-2008 slowdown in UK productivity growth is computer software and services. This coincides with a period when Moore’s Law has slowed down but on the other hand significant innovations in adjacent areas such as cloud computing and machine learning have continued. What has happened to the cost of computing during the past decade? Are the recent innovations creating economic value, and if so, where is it being captured?

Diane Coyle is the Bennett Professor of Public Policy at the University of Cambridge. She co-directs the Bennett Institute where she heads research under the themes of progress and productivity. Diane’s latest book is Cogs and Monsters: What Economics Is and What It Should Be. Her research focuses on productivity, the digital economy and digital policy. Diane is an ESCoE Research Associate, a theme leader of the Productivity Institute, and a Fellow of the Office for National Statistics. She has served in a number of public service roles including as Vice Chair of the BBC Trust, member of the Competition Commission, and of the Natural Capital Committee. Diane was previously Professor of Economics at the University of Manchester and was awarded a CBE for her contribution to the public understanding of economics in the 2018 New Year Honours.

19 May 2023 Professor Javier Miranda (IWH and Friedrich-Schiller University)
The decline in business dynamism: lessons from US and Europe

We study the changing patterns of business dynamism in Europe using representative and comparable micro-aggregated data from 19 European countries. We document a widespread reduction in job reallocation rates in Europe, accompanied by a decline in the number and the share of activity of young firms. This decline concerns all economic sectors and appears to be driven mainly by within-sector dynamics, rather than cross-sectoral reallocations. We rationalize these new findings, which are consistent with existing evidence in the US (Decker, Haltiwanger, Jarmin and Miranda, 2020), with a firm-level framework relating market power and technology to firms’ labor adjustments.

Javier Miranda is Deputy Head of the Department of Structural Change and Productivity and the Halle Institute for Economic Research in Germany. He is also Associate Professor in Microeconomics, Productivity Research at Friedrich-Schiller University Jena. Javier began his career at the U.S. Census Bureau in the District of Columbia after receiving his Ph.D. in Economics from American University in 2004. Previous to joining the Census Javier was a research consultant at the World Bank and the Urban Institute. Javier has published papers in the areas of business dynamism, productivity growth, entrepreneurship, job creation, innovation, and firm financing. Among his publications are articles in the American Economic Review, Journal of Economic Literature, American Economic Journal Macroeconomics, Review of Economics and Statistics, IMF Review, World Bank Economic Review, Journal of Business Valuation and Economic Loss, NBER Macroeconomics Annual. Javier has received the U.S. Department of Commerce Silver medal (2020), the U.S Department of Commerce Department Bronze Medal (2011), and the Census Bureau Director’s Award for Innovation (2007). His contributions to data infrastructure are notable. Javier Miranda was responsible for the development of the Longitudinal Business Database, the Business Dynamics Statistics, the Business Formation Statistics, and the Synthetic Longitudinal Business Database. Javier Miranda has edited two NBER books in the areas of Entrepreneurship and Innovation. Javier Miranda recently stepped down as the President of the Board of Southeast Ministry, an adult education and job readiness program designed to address the root causes of poverty, illiteracy, and violence in Washington DC to relocate to Leipzig, Germany.