Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as the single most important correlate of the subsequent Leave vote in the 2016 European Union (EU) referendum, along with broader measures of political dissatisfaction, are...

The UK economy has experienced significant macroeconomic adjustments following the 2016 referendum on its withdrawal from the European Union. This paper develops and estimates a small open economy model with tradable and non-tradable sectors to characterise these adjustments. We demonstrate that...

Considering that large numbers of the EU-8 immigrants was a strong argument for the Brexit, the objective of this paper is to assess some economic effects of migration from Poland to the UK for both countries. Intensive emigration of the Poles to the UK since 2004 negatively affected Poland’s...