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This paper presents new evidence on international trade and worker outcomes. It examines a big world event that produced an unprecedentedly large shock to the UK exchange rate. In the 24 hours in June 2016 during which the UK electorate unexpectedly voted to leave the European Union, the value...
Persistent link: https://www.econbiz.de/10012022416
if there is a constant hold up of decisions that are in the common interest. On the other hand, with the eurozone having …
Persistent link: https://www.econbiz.de/10011531247
This paper is concerned with ex ante and ex post counterfactual analyses in the case of macroeconometric applications where a single unit is observed before and after a given policy intervention. It distinguishes between cases where the policy change affects the model's parameters and where it...
Persistent link: https://www.econbiz.de/10009548055
We provide causal evidence of the impact of the Brexit referendum vote on hate crime in the United Kingdom (UK). Using various data sources, including unique data collected from the UK Police Forces by Freedom of Information (FOI) requests, and various estimation methods...
Persistent link: https://www.econbiz.de/10012322067
The COVID crisis has severely hit both the United States and the European Union. Even though they are the wealthiest regions in the world, they differ substantially in economic performance, demographic characteristics, type of government, health systems, and measures undertaken to counteract...
Persistent link: https://www.econbiz.de/10012290644
Persistent link: https://www.econbiz.de/10011633995
euro as tariffs. In the long run, UK-EU trade could be reduced up to 50 percent. …
Persistent link: https://www.econbiz.de/10011929856
We use the 2015-2016 waves of the UK Household Longitudinal Study (Understanding Society) to look at subjective wellbeing around the time of the June 2016 EU membership Referendum in the UK (Brexit). We find that those reporting a preference for leaving the EU were 0.14 points less satisfied...
Persistent link: https://www.econbiz.de/10011775929
This paper is the first attempt to study the causal impact of "Brexit", namely the UK's departure from the European Union (EU), on the post-graduation mobility decisions of EU students in the UK. We exploit the British government's formal withdrawal notification under Article 50 as a natural...
Persistent link: https://www.econbiz.de/10011958663
This paper surveys the economics academic literature on Brexit. It is organised in: pillars, channels, and consequences. The two building blocks to understand Brexit are the economic history of the UK-EU relationship and the literature on the political economy of globalisation and populism. The...
Persistent link: https://www.econbiz.de/10011978280