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The paper examines the prospects of European integration after Brexit. It discusses a number of old and new crises faced by the European Union (EU) – including most recently the COVID-19 pandemic – and highlights how these have profoundly shaken the unity of the member states. In particular,...
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The COVID-19 pandemic and the United Kingdom’s (UK) withdrawal from the European Union (EU) constitute the two greatest challenges faced by the UK state in modern times. The former has resulted in ‘the largest peacetime shock to the global economy on record’, with UK Gross Domestic Product...
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Hours worked vary widely across countries and over time. In this paper, we investigate the role played by taxation in explaining these differences for EU New Member States. By extending a standard growth model with novel data on consumption and labor taxes, we assess the evolution of trends in...
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