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We use the World Input Output Database (WIOD) to estimate the potential employment effects of a hard Brexit in 43 countries. In line with other studies we assume that imports from the European Union (EU) to the UK will decline by 25% after a hard Brexit. The absolute effects are largest in big...
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The welfare effects of Brexit on the UK, the EU27 and the rest of the world are analysed in a model of international trade under oligopoly. A hard Brexit where the UK trades according to WTO rules is shown to decrease total UK welfare, to have an ambiguous effect on total EU27 welfare, and to...
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After the accession of Poland to the European Union in 2004 we could observe two phenomena: huge emigration of Poles to the old member states of the EU (mainly to United Kingdom and Ireland) and on the second hand a very dynamic increase in the number of flight destinations from regional...
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euro as tariffs. In the long run, UK-EU trade could be reduced up to 50 percent. …
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