Showing 1 - 10 of 439
data on the 2016 E.U. Referendum (“Brexit”) and the 2016 U.S. Presidential Election, we find that diffusion of information …
Persistent link: https://www.econbiz.de/10012918621
from the European Union (Brexit) reduce bilateral export values and trade participation. These effects are increasing in … probability of Brexit at the average disagreement tariff of 4.5% lowers EU-UK bilateral export values by 15 log points on average …
Persistent link: https://www.econbiz.de/10012906789
In the UK's 2016 referendum on EU membership, young voters were more likely than their elders to vote Remain. Applying new methods to a half century of data, we show that this pattern reflects both ageing and cohort effects. Although voters become more Eurosceptical as they age, recent cohorts...
Persistent link: https://www.econbiz.de/10012908473
firm level. We apply this method to estimate the impact of Brexit-related uncertainty and find widespread reverberations on … listed firms in 81 countries. International firms most exposed to Brexit uncertainty not only significantly lost market value … but also reduced hiring and investments. In addition to Brexit uncertainty (the second moment), we find that international …
Persistent link: https://www.econbiz.de/10013324715
We use a major new survey of UK firms, the Decision Maker Panel, to assess the impact of the June 2016 Brexit …-lasting increase in uncertainty. Second, anticipation of Brexit is estimated to have gradually reduced investment by about 11% over the … referendum, suggesting that the size and persistence of this uncertainty may have delayed firms' response to the Brexit vote …
Persistent link: https://www.econbiz.de/10012863281
This paper presents new evidence on international trade and worker outcomes. It examines a big world event that produced an unprecedentedly large shock to the UK exchange rate. In the 24 hours in June 2016 during which the UK electorate unexpectedly voted to leave the European Union, the value...
Persistent link: https://www.econbiz.de/10012868489
Kingdom from the European Union (popularly known as Brexit). Our predictions are based on simulations of a multicountry … intangible capital that is used nonrivalrously by their subsidiaries at home and abroad. We analyze several post-Brexit scenarios … restrictions on other major foreign investors, such as the United States and Japan, U.K. inward FDI and welfare both rise …
Persistent link: https://www.econbiz.de/10012960512
We show that the 2016 Brexit Referendum had multi-faceted consequences for corporate America, shaping employment …
Persistent link: https://www.econbiz.de/10013309901
We estimate the impact of increased policy uncertainty from Brexit on UK trade in services. We apply an uncertainty … variation in the probability of Brexit from prediction markets interacted with a new trade policy risk measure across service … industries we identify a significant negative impact of the threat of Brexit on trade values and participation. The increased …
Persistent link: https://www.econbiz.de/10014090937
The objective of this paper is twofold. First, this paper emphasizes that in a parliamentary system, such as in Japan … growth in Japan. Evidence suggests that although blatant policies, such as a beggar-thy-neighbor policy, were not adopted, a …
Persistent link: https://www.econbiz.de/10014153997