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Who Voted for Brexit? A Comprehensive District-Level Analysis
Becker, Sascha O.; Fetzer, Thiemo; Novy, Dennis - 2017
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
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Immigration, Unemployment and Wages: New Causality Evidence from the United Kingdom
Tunali, Cigdem Börke; Fidrmuc, Jan; Campos, Nauro F. - 2017
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
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Vehicle Currency Pricing and Exchange Rate Pass-Through
Chen, Natalie; Chung, Wanyu; Novy, Dennis - 2019
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
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Who Voted for Brexit? Individual and Regional Data Combined
Alabrese, Eleonora; Becker, Sascha; Fetzer, Thiemo; … - 2018
-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
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Corporate Acquisitions and Firm-Level Uncertainty: Domestic Versus Cross-Border Deals
Bai, Ye; Girma, Sourafel; Riaño, Alejandro - 2020
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
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The UK's Privatisation Experiment: The Passage of Time Permits a Sober Assessment
Parker, David - 2004
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
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Will stability last?
Martin, William; Rowthorn, Robert - 2004
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
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Should We Give Up After Solyndra? Optimal Technology R&D Portfolios under Uncertainty
Webster, Mort D.; Fisher-Vanden, Karen; Popp, David; … - 2015
Global climate change and other environmental challenges require the development of new energy technologies with lower emissions. In the near-term, R&D investments, either by government or the private sector, can bring down the costs of these lower emission technologies. However, the results of...
Persistent link: https://www.econbiz.de/10011307108
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Closed-Form Integrated Assessment and Uncertainty
Traeger, Christian - 2015
The paper derives the optimal carbon tax in closed-form from an integrated assessment of climate change. The formula shows how carbon, temperature, and economic dynamics quantify the optimal mitigation effort. The model’s descriptive power is comparable to numeric models used in policy...
Persistent link: https://www.econbiz.de/10011307130
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Carbon Tax Burdens on Low-Income Households: A Reason for Delaying Climate Policy?
Parry, Ian - 2015
This paper discusses techniques for measuring the incidence of carbon taxes across different household income groups and provides some cross-country estimates of these effects for selected advanced countries. The general message of this paper is that distributional concerns should not...
Persistent link: https://www.econbiz.de/10011388157