National Institute of Economic and Social Research

The institute is a London-based[2][3] independent UK registered charity that carries out academic research of relevance to business and policy makers,[4] both nationally and internationally.

[1] The vision of its founders was to carry out research to improve understanding of the economic and social forces that affect people's lives, and the ways in which policy can bring about change.

They are drawn from academia, business, government and media, and include Ed Conway, Baron Terence Higgins, Rachel Lomax, Jesse Norman, Frances O'Grady, and Baroness Shriti Vadera.

[24] Principal topics covered by the Review include economic modelling and analysis, education and training, productivity and competitiveness, and workings of the international economy.

Each edition Includes detailed forecasts of both UK and World Economies, a commentary, and special articles by Institute researchers and external authors.

Each month NIESR tracks a series of key economic indicators, including Consumer Price Inflation (CPI),[27] Gross Domestic Product (GDP)[28] and Wages,[29] and uses this data to forecast the future of the UK economy.

Each year NIESR hold a regular series of events,[32] including annual lectures to celebrate the work of Sig Prais, Christopher Dow, Phyllis Deane, and Richard Stone.

LINDA (Lifetime Income Distributional Analysis[37]) is a microsimulation model, which simulates individual level data over periods of time, accounting for diverse socio-economic parameters.