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On 23 June 2016, the British electorate voted to leave the European Union. We analyze vote and turnout shares across 380 local authority areas in the United Kingdom. We find that exposure to the EU in terms of immigration and trade provides relatively little explanatory power for the referendum...
Persistent link: https://www.econbiz.de/10011657159
The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and aggregation biases. Ours is among the first papers to address both of these issues by means of causality analysis and by accounting for human capital endowments. Our analysis confirms...
Persistent link: https://www.econbiz.de/10011657173
Using detailed firm-level transactions data for UK imports, we find that invoicing in a vehicle currency is pervasive …
Persistent link: https://www.econbiz.de/10012052801
-level data on thousands of respondents in Understanding Society, the UK’s largest household survey, which includes the EU … fallacy. In addition, we show that prediction accuracy is geographically heterogeneous across UK regions, with strongly pro …
Persistent link: https://www.econbiz.de/10011931943
acquiring firms. We use data for UK publicly-listed firms from 2004 to 2017 and employ a matching estimator combined with …
Persistent link: https://www.econbiz.de/10012179878
This chapter looks at the UK's privatisation experiment, which began from the late 1970s. It considers the background … to the UK's privatisations, which industries were privatised and how, and summarises the results of studies of … performance changes in privatised companies in the UK. It looks at the relative roles of competition, regulation and ownership …
Persistent link: https://www.econbiz.de/10010315989
the last decade. Using stylised models of the economies of the US, Euro area, UK and Japan, we argue that economic …
Persistent link: https://www.econbiz.de/10010261075
We study the consequences of franchise extension and ballot reform for the size of government in Western Europe between 1820 and 1913. We find that franchise extension exhibits a U-shaped association with revenue per capita and a positive association with spending per capita. Instrumental...
Persistent link: https://www.econbiz.de/10010291879
Taxes and cash transfers reduce income inequality more in France than elsewhere in the OECD, because of the large size of the flows involved. But the system is complex overall. Its effectiveness could be enhanced in many ways, for example so as to achieve the same amount of redistribution at...
Persistent link: https://www.econbiz.de/10010293921
In this study we explore how a firm-level dividend tax on redistributed foreign profits affects the financial decisions of a multinational enterprise (MNE). We examine this by using evidence from a recent tax reform in Finland. The so-called equalization tax (EQT) used to be a regular element of...
Persistent link: https://www.econbiz.de/10011388280