Restrictive immigration policies may force firms to abruptly change their workforce composition. But how does this impact the performance of these organizations? We study the effects of the 2016 Brexit referendum, which led to a drop in the share of EU nationality nurses in English hospitals....

How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK's exit from the EU's single market and customs union in January 2021 led to an immediate,...

This paper uses the Brexit referendum in 2016 as a quasi-natural experiment to estimate the effect of an exogenous negative shock to globalization on executive compensation for German companies listed in the DAX and MDAX stock indices. We show that it matters whether they work for firms...

We study the impact of the Brexit referendum on the quality of employment and working conditions of workers in the National Health Service (NHS). Using a difference-in-differences (DiD) design and propensity score matching to compare NHS employees with a control group referring to occupations...

Restrictive immigration policies may force firms to abruptly change their workforce composition. But how does this impact the performance of these organizations? We study the effects of the 2016 Brexit referendum, which led to a drop in the share of EU nationality nurses in English hospitals....

This paper uses the Brexit referendum in 2016 as a quasi-natural experiment to estimate the effect of an exogenous negative shock to globalization on executive compensation for German companies listed in the DAX and MDAX stock indices. We show that it matters whether they work for firms...

How does dismantling deep integration affect international trade? This paper provides new evidence on the consequences of disintegration by estimating the impact of Brexit on goods trade by UK firms. The UK’s exit from the EU’s single market and customs union in January 2021 led to an...

We employ Synthetic Control Method techniques to estimate the causal effect of Brexit on the consumer price index (CPI) in the United Kingdom. We construct a counterfactual CPI index from a weighted pool of comparable economies and find that the price level of the United Kingdom rose...

We study the impact of the Brexit referendum on the quality of employment and working conditions of workers in the National Health Service (NHS). Using a difference-in-differences (DiD) design and propensity score matching to compare NHS employees with a control group referring to occupations...

The end of free movement and the introduction of the post-Brexit migration system represent the most important changes to the UK migration system in half a century. Coinciding with the aftereffects of the pandemic, the result has been very large changes both to the numbers of those coming for...

This paper examines the impact of Brexit on international student migration. In a structural gravity model, we estimate student migration between 69 countries for counterfactual scenarios in which the United Kingdom leaves the European Union one year before the referendum. This exercise reveals...

This paper examines the impact of Brexit on international student migration. In a structural gravity model, we estimate student migration between 69 countries for counterfactual scenarios in which the United Kingdom leaves the European Union one year before the referendum. This exercise reveals...

Die Debatte in der Europäischen Union (EU) über die Ausweitung von Mehrheitsentscheidungen geht in eine neue Runde. Insbesondere Deutschland sucht unter dem Eindruck der teils schwierigen Entscheidungsfindung in der Außen- und Sicherheitspolitik sowie unter der Perspektive künftiger...

Labour has won a landslide in the United Kingdom (UK) snap elections and will now lead the government. Following the mutual estrangement caused by Brexit, among other changes, this provides an opportunity to revitalise relations with the European Union (EU). Particularly in foreign, security and...

This paper explores whether professional macroeconomic forecasters manipulate their forecasts to influence voting outcomes. We model a referendum in which a voter chooses between two policies. The voter relies on a forecaster to learn about the macroeconomic consequences of the policies. The...

Die Entscheidung des Vereinigten Königreichs, die Europäische Union (EU) zu verlassen, hat bisher keine Nachahmer gefunden. Mit dem Verlust der Integrationsvorteile gehen für das Vereinigte Königreich erhebliche Handelshemmnisse und wirtschaftliche Nachteile einher. Diese negativen...

The purpose of this book is to offer a comprehensive analysis of the Trade and Cooperation Agreement (TCA), a treaty concluded between the European Union (EU) and the United Kingdom (UK) on Christmas Eve 2020, and which officially entered into force on 1 May 2021. The book builds on a number of...

Services account for one-third of global trade, yet little is known about the impact of trade restrictions on services trade. To make progress in this area, it is crucial to understand through which Modes services are traded (cross-border, movement of people, foreign investment or consumption...

We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of...

This study is the first to investigate the crossover effect of the UK's exit from the European Union, com-monly referred to as Brexit, and the COVID-19 pandemic. First, we confirm the results of studies explor-ing Brexit and respond to critiques of the literature. By applying the synthetic...

One of the outcomes of the Brexit referendum result was that EU nationals were required to register on the EU Settlement Scheme (EUSS) if they wanted to remain in the UK after its departure from the EU. In order to be granted settled or pre-settled status, applications needed to have been...

This paper examines a behavioural explanation for the Brexit referendum result, the role of an individual's inequality aversion (IA). We study whether the referendum result was an "unconsidered Leave" partially driven by people's low aversion to inequality. We use a representative sample of the...

This paper examines a behavioural explanation for the Brexit referendum result, the role of an individual's inequality aversion (IA). We study whether the referendum result was an "unconsidered Leave" partially driven by people's low aversion to inequality. We use a representative sample of the...

One of the outcomes of the Brexit referendum result was that EU nationals were required to register on the EU Settlement Scheme (EUSS) if they wanted to remain in the UK after its departure from the EU. In order to be granted settled or pre-settled status, applications needed to have been...

We study the impact of the Brexit referendum on Irish exporters to the UK. The referendum triggered a sharp devaluation of the British pound vis-a-vis the euro and led to considerable uncertainty about future trade relations between the UK and the EU. Using administrative data on the universe of...

One of the outcomes of the Brexit referendum result was that EU nationals were required to register on the EU Settlement Scheme (EUSS) if they wanted to remain in the UK after its departure from the EU. In order to be granted settled or pre-settled status, applications needed to have been...

Services account for one-third of global trade, yet little is known about the impact of trade restrictions on services trade. To make progress in this area, it is crucial to understand through which Modes services are traded (cross-border, movement of people, foreign investment or consumption...

One of the outcomes of the Brexit referendum result was that EU nationals were required to register on the EU Settlement Scheme (EUSS) if they wanted to remain in the UK after its departure from the EU. In order to be granted settled or pre-settled status, applications needed to have been...

This study is the first to investigate the crossover effect of the UK’s exit from the European Union, com-monly referred to as Brexit, and the COVID-19 pandemic. First, we confirm the results of studies explor-ing Brexit and respond to critiques of the literature. By applying the synthetic...

The UK's decision to leave the EU continues to have major economic, political and social implications. It is therefore unsurprising that the reasons behind Brexit have been widely discussed. However, whilst existing empirical evidence has tended to focus on specific factors, we undertake a...