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We estimate how the UK financial markets would have evolved if the Remain camp had won the referendum. To construct thecounterfactual, we use the synthetic control method. Our results suggest that there would not have been any significant change in the development of the FTSE 100 Index in the...
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consequences of Brexit, especially for financial markets, depend on the final agreement, which is still under negotiation …, these EU passports cease to apply for business activities between both jurisdictions after Brexit. The EU third … for all affected parties taking into account the opportunity costs of a failure in present Brexit negotiations. …
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Global growth has slowed down recently. While the world economy should gradually regain pace over the coming quarters, overall growth momentum is expected to remain subdued. The recent drop in oil prices has not improved the outlook as it to a substantial degree signals weaker demand;...
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