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We study euro area investors' portfolio adjustment since the Brexit referendum in terms of securities issued in the UK … since the Brexit referendum. The analysis also reveals an increase in the euro area's exposure to listed shares issued by UK … referendum, which appear to have largely outweighed the uncertainties associated with Brexit …
Persistent link: https://www.econbiz.de/10014239454
We offer a general equilibrium analysis of Brexit incorporating the state-of-the-art differences in productivity and firms' selection within manufacturing sectors à la Melitz (2003) and multinationals in services. Trade, output and average productivity diminish across most sectors in the UK and...
Persistent link: https://www.econbiz.de/10012920676
This paper reviews a sample of studies on the long-term impact of Brexit on GDP and welfare for both the UK and EU economies. It considers only official and academic studies published before the end of November 2018. The paper highlights the very wide range of results, especially for the UK,...
Persistent link: https://www.econbiz.de/10011967412
Persistent link: https://www.econbiz.de/10011852354
On 23 June 2016, the United Kingdom voted to leave the European Union (so-called 'Brexit'). This paper uses newly released information, from the Understanding Society data set, to examine the characteristics of individuals who were for and against Brexit. Two key findings emerge. First, unhappy...
Persistent link: https://www.econbiz.de/10011737487
as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum. We find … that past European transfers have played virtually no role in the referendum. Economically strong regions tend to be in …
Persistent link: https://www.econbiz.de/10011544086
as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum, and that … past European transfers have played virtually no role in the referendum. Economically strong regions tend to be in favor of …
Persistent link: https://www.econbiz.de/10012979586
Am 29. März 2017 notifizierte die britische Regierung ihren Austrittswillen nach Art. 50 des EU-Vertrages bei der EU. Der Brexit ist somit offiziell eingeleitet. Am 29. April haben die Staats- und Regierungschefs beim Europäischen Rat nach Art. 50 EUV die Leitlinien für die Verhandlungen...
Persistent link: https://www.econbiz.de/10011763387
By the Treaty of Accession to the EU, Romania opted for the euro adoption. According to the Maastricht Treaty, since 2014 Romania has fulfilled the nominal convergence criteria, thus becoming apt to adopt the euro. But a careful analysis of the reality and the lessons learnt from the Euro Area...
Persistent link: https://www.econbiz.de/10011698594
We analyse the voting pattern in the June 23rd referendum on the continued participation of the United Kingdom in the …
Persistent link: https://www.econbiz.de/10011523724