A plethora of analyses attempts to quantify the economic impact of a Brexit for the United Kingdom (UK). The results are rather confusing - ranging from significant advantages to marked losses. This can be explained by significantly different methods, diverse assumptions, and the different...

In the pre-crisis period, substantial current account imbalances built up in the euro area. Despite recent progress in economic rebalancing, especially in the countries mostly affected by the euro debt crisis, a controversial debate is still raging about past causes, current interpretations and...

In the political declaration of the Withdrawal Agreement the EU should leave the door open for a free trade area for goods that has been suggested by the UK's Chequers proposals. The EU would profit from such an arrangement due to its comparative advantage in goods. However, in order to achieve...