Showing 1 - 10 of 630
In this paper we model the volatility of the spread between the overnight interest rate and the central bank policy rate (the policy spread) for the euro area and the UK during the two main phases of the financial crisis that began in late 2007. During the crisis, the policy spread exhibited...
Persistent link: https://www.econbiz.de/10013094544
Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as … the current literature on Brexit suggests. Up until 2010, the UK's welfare state evened out growing income differences …
Persistent link: https://www.econbiz.de/10012910997
This paper reviews the literature on the likely economic consequences of Brexit and considers the lessons of the Brexit … vote for the future of European and global integration. Brexit will make the United Kingdom poorer because it will lead to … economically, but their estimated losses are much smaller. Support for Brexit came from a coalition of less-educated, older, less …
Persistent link: https://www.econbiz.de/10012945058
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit … different counterfactual post-Brexit scenarios, our main findings suggest that UKs (EUs) exports of goods to the EU (UK) are … likely to decline within a range between 7.2% and 45.7% (5.9% and 38.2%) six years after the Brexit has taken place. For the …
Persistent link: https://www.econbiz.de/10012926575
results in the context of the debate about the tax policy implications of Brexit …
Persistent link: https://www.econbiz.de/10012927512
as other economic and social factors, in determining the support for the Remain vote in the Brexit referendum, and that …
Persistent link: https://www.econbiz.de/10012979586
. Understanding these movements gives a better understanding Brexit's potential effects …
Persistent link: https://www.econbiz.de/10012954358
them as neighbours and, most importantly, to vote for Brexit. The fear of immigration does not seem to be fully justified … exchange to poll numbers we find that investors appear to view Brexit as a negative event …
Persistent link: https://www.econbiz.de/10012981337
European Central Bank and the Bank of England have undermined these orders, thereby eroding productivity gains and growth … in the European Union as heralded by the Brexit …
Persistent link: https://www.econbiz.de/10012920113
This paper applies long-memory techniques (both parametric and semi-parametric) to examine whether Brexit has led to … Brexit referendum, and find an increase in the degree of persistence in all cases except for the British pound-yen IV, whose … persistence has declined after Brexit. These findings highlight the importance of completing swiftly the negotiations with the EU …
Persistent link: https://www.econbiz.de/10013315435