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The UK economy has experienced significant macroeconomic adjustments following the 2016 referendum on its withdrawal from the European Union. This paper develops and estimates a small open economy model with tradable and non-tradable sectors to characterise these adjustments. We demonstrate that...
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substantial increase in migration flows from the UK to the remaining EU/EFTA countries. Exceptional spikes in naturalisation … figures further indicate that UK-immigrants already living in other EU member states are actively taking decisions to mitigate … zeigen wir eine erhebliche Zunahme der Migrationsströme aus dem Vereinigten Königreich in die übrigen EU …
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