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This paper examines co-movements and volatility spillovers in the returns of the euro, the British pound, the Swiss franc and the Japanese yen vis-à-vis the US dollar before and after the introduction of the euro. Based on dynamic correlations, variance decompositions, generalized VAR analysis,...
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relatively modestly. These asymmetries matter for the size and distribution of the welfare effects of Brexit - the withdrawal of … with other papers, the welfare costs of Brexit are higher in the UK than in most other EU countries. However, the …
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The objective is to forecast the impact of potential Brexit scenarios on the export volume of passenger cars from … all variables significant at the 5% level. This is used for forecasting future export volumes under different Brexit … scenarios. Diagnostic tests suggest that the model is robust and efficient. All tested Brexit scenarios are found to negatively …
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This paper uses a gravity model approach to estimate the effects of Brexit in two dimensions: trade in goods and …) signature of a bilateral free trade agreement (FTA). According to our results, Brexit may have large negative effects on trade …
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