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on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general …
Persistent link: https://www.econbiz.de/10010411572
This paper studies how the depreciation of sterling following the Brexit referendum affected consumer prices in the United Kingdom. Our identification strategy uses input-output linkages to account for heterogeneity in exposure to import costs across product groups. We show that, after the...
Persistent link: https://www.econbiz.de/10012844422
Lancaster House speeches) were more closely correlated with potential changes to tariffs and non-tariff barriers on UK-EU trade … correlation between the share of EU migrants in different industries and stock market returns …
Persistent link: https://www.econbiz.de/10012908678
This paper reviews the literature on the likely economic consequences of Brexit and considers the lessons of the Brexit vote for the future of European and global integration. Brexit will make the United Kingdom poorer because it will lead to new barriers to trade and migration between the...
Persistent link: https://www.econbiz.de/10012945058
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expectations about future UK-EU relations. Studying its consequences provides new insights regarding the economic impacts of news …, there was little or no trade diversion away from the EU, implying that many of the anticipated long-run effects of Brexit … did not materialize before the new UK-EU trade relationship came into force in 2021. …
Persistent link: https://www.econbiz.de/10012806478
Persistent link: https://www.econbiz.de/10012264776
This paper reviews the literature on the likely economic consequences of Brexit and considers the lessons of the Brexit vote for the future of European and global integration. Brexit will make the United Kingdom poorer because it will lead to new barriers to trade and migration between the...
Persistent link: https://www.econbiz.de/10011723466