The UK's decision to leave the EU is surrounded by several studies simulating its potential effects. Alternatively, we …

; most studies predict a trade and welfare loss for both the UK and the EU. The UK parliament has indicated that it aims for … for the EU. After reviewing all potential options, we have a simple answer to the question whether the UK has an … alternative for the existing trade agreement with the EU. The answer is: No. Only a trade agreement with the EU can compensate for …

the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with … specific welfare reforms as well as broader measures of political preferences. The results suggest that the EU referendum could …

The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU … average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for … structural funds transfers from the central EU budget. This rule gives rise to a regression-discontinuity design that exploits …

This paper studies various options to support allowance prices in the EU Emissions Trading System (ETS), such as … adjusting the cap, an auction reserve price, and fixed and variable carbon taxes in addition to EU ETS. We use a dynamic … at the EU Member State level. We find that both a variable carbon tax and an auction reserve price support effective …