Rybczynski Prize Essays

2024/25 Rybczynski Prize Essay

by Joel Suss & Chris Giles, Financial Times

Sentiment gleaned from newspaper text is highly valuable, having long provided the plucky investor with a stock-picking edge. But the ‘text as data’ revolution of recent years...

2023/24 Rybczynski Prize Essay

by Dr Shivani Taneja & Dr Filip Mandys

Growth in the industrial sectors plays a key role in global economic growth. How-ever, it also contributes to CO2 emissions due to the use of fossil fuels. Digitalisation has...

2022/23 Rybczynski Prize Essay

by Muthomi Gichaara & Shahzad Gitay

Economic sanctions are increasingly being used as a tool of modern diplomacy. They are a set of economic penalties imposed by one or more countries against another and act as an...

2021/22 Rybczynski Prize Essay

by James Nixon & Felicity Hannon, Oxford Economics

“Without immediate and deep emissions reductions across all sectors, limiting global warming to 1.5°C [in line with the Paris Agreement] is beyond reach.” That was the...

2020/21 Rybczynski Prize Essay

by Henry Curr, The Economist

Has there ever been an economic policy both as commonplace and as poorly understood as quantitative easing (QE)? By the end of 2021 central banks in the rich world will have grown...

2019/20 Rybczynski Prize Essay

by Edward Cone, Richard Holt & Michael Zielenziger

The spread of robots across the workplace, and especially within manufacturing, is widely known. This paper reports on how robots have impacted directly on manufacturing jobs, and...

2018/19 Rybczynski Prize Essay (1)

by Jennifer Lambert & Steven Paling

Using applied economics to answer real-world operational challenges

2018/19 Rybczynski Prize Essay (2)

by Jack Britton, Institute for Fiscal Studies

Around 350,000 English students start a university degree each year, and most will leave with debts in excess of £50,000. This imposes significant costs on both students and the...

2017/18 Rybczynksi Prize Essay

by James Plunkett

From the way prices are set to the way customers are acquired, consumer markets are entering a new and unfamiliar phase. How should the state interact with consumer markets?...

2016/17 Rybczynski Prize Essay

by Mirko Licchetta & Michal Stelmach, Office for Budget Responsibility

This paper summarises the key findings of a recent review that the authors undertook at the Office for Budget Responsibility (OBR) of the latest evidence on demographic and...

2015/16 Rybczynski Prize Essay

by Toby Nangle, Columbia Threadneedle Investments

The recent remarkably low interest rates have puzzled economists, businesses and investors alike. But while the move on the part of some central banks into negative nominal...

2014/15 Rybczynski Prize Essay

by Tim Harford, Economist and Journalist

Billions of dollars are spent on experts who claim they can forecast what’s around the corner, in business, finance and economics. Most of them get it wrong. Now a...

2013/14 Rybczynski Prize Essay

by Ian Mulheirn, Oxford Economics

Since 2010, the Ministry of Justice (MoJ) has been pressing ahead with plans radically to reform offender management. The first aim of the reforms is to help the Department save...

2012/13 Rybczynski Prize Essay

by José Ursúa, Goldman Sachs

The enormous public debt build-ups that developed markets (DMs) have accumulated over the past few years‒from around 75% in 2007 to almost 110% of GDP in 2012‒will likely rank...

2011/12 Rybczynski Prize Essay

by Samuel Tombs, Capital Economics

For much of the period of remarkable macroeconomic stability in the 1990s and early 2000s, UK monetary policy was relatively predictable, stable and apparently successful. The...

2010/11 Rybczynski Prize Essay

by George Buckley, Deutsche Bank

Many forecasts of inflation are based on the New Keynesian Phillips Curve approach – put simply, that the current rate of inflation is a function of spare capacity in the recent...

2009/10 Rybczynski Prize Essay

by Marco Annunziata, Loredana Federico & Davide Stroppa, UniCredit MB

The latest financial crisis has underscored the need to better capture the interaction between financial and economic variables in our forecasting models. This is especially...

2008/09 Rybczynski Prize Essay

This paper highlights why the collapse in equity and asset prices in Japan led to a prolonged period of slow growth, multiple recessions and a repeated inability of the equity...

2007/08 Rybczynski Prize Essay

by Marco Annunziata, Tullia Bucco, David Stroppa & Marco Valli, Bayerische Hypo-und Vereinsbank AG

Market measures of inflation expectations have risen somewhat, but still lag substantially behind the tone of the debate. This flags the risk that investors' inflation...

2006/07 Rybczynski Prize Essay

by Kevin Daly, Goldman Sachs

Increasing female employment has already been an important driver of European growth in the past 10 years. A narrowing of the difference between male and female employment rates...

2005/06 Rybczynski Prize Essay (1)

by Dr Thomas Mayer, Deutsche Bank

This year, the Judges awared the Prize to two authors. This is the first of the two Prize winning essays.

2005/06 Rybczynski Prize Essay (2)

by Pam Woodall, The Economist

Global wages, prices, profits, interest rates and even house prices are increasingly “made in China” “IF YOU want one year of prosperity, grow grain. If you want ten years...

2004/05 Rybczynski Prize Essay

by Fergus Hicks, RBB

Casual observation suggests that deregulation of the European Union airline market has led to lower economy class airfares. Low-cost carriers have entered the market, forcing...