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The Brexit Conundrum Worsens the UK's Relationship with the European Union

Ryan, John T - 2019

This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...

Persistent link: https://www.econbiz.de/10012861473

Expecting Brexit

Dhingra, Swati; Sampson, Thomas - 2022

The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its...

Persistent link: https://www.econbiz.de/10013306955

Time Use, Unemployment, and Well-Being : An Empirical Analysis Using British Time-Use Data

Hoang, Thi Truong An - 2019

less time at work outweighs the negative emotional effect of unemployment during leisure episodes, such that the unemployed …

Persistent link: https://www.econbiz.de/10012888992

The Beveridge Curve and Labour Market Flows - a Reinterpretation

Gottfries, Nils - 2019

unemployment is high. Using monthly panel data for local labour markets in Sweden we find no (or only weak) evidence that high … unemployment makes it easier to fill vacancies. Instead, there are few vacancies when unemployment is high because there is a low … cyclical behaviour of stocks and flows in the labour market also without search frictions. In periods of high unemployment …

Persistent link: https://www.econbiz.de/10012867870

On Optimal Currency Areas and Common Cycles : Are the Acceding Countries Ready to Join the Euro?

Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2021

The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the classical Optimal Currency Area (OCA) criterion of positively...

Persistent link: https://www.econbiz.de/10013232406

Pricing Group Membership

Bandyopadhyay, Siddhartha - 2020

We consider a model where agents differ in their ‘types' which determines their voluntary contribution towards a public good. We analyze what the equilibrium composition of groups are under centralized and centralized choice. We show that there exists a top-down sorting equilibrium i.e. an...

Persistent link: https://www.econbiz.de/10012824828

Firm-to-Firm Trade : Imports, Exports, and the Labor Market

Eaton, Jonathan; Kortum, Samuel; Kramarz, Francis - 2022

Customs data reveal heterogeneity and granularity of relationships among buyers and sellers. A key insight is how more exports to a destination break down into more ﬁrms selling there and more buyers per exporter. We develop a quantitative general equilibrium model of ﬁrm-to-ﬁrm matching...

Persistent link: https://www.econbiz.de/10013306035

The Trade and FDI Effects of EMU Enlargement

Brouwer, Jelle Hindriks; Paap, Richard; Viaene, Jean-Marie - 2021

This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a dataset of unbalanced...

Persistent link: https://www.econbiz.de/10013316812

Uncertainty, wage setting and decision making in a monetary union

Hefeker, Carsten - 2005

both types of uncertainty on wage-setting behavior in the larger monetary union and its effects on unemployment. In light …

Persistent link: https://www.econbiz.de/10010261289

Macroeconomic effects of social security privatization in a small unionized economy

Adam, Antonis - 2004

-generations framework we show that in an environment characterized by unemployment, a reform towards a private pension system in the steady …

Persistent link: https://www.econbiz.de/10010261116