| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP16970 |
| DP16970 Expecting Brexit | |
| Thomas Sampson; Swati Dhingra | |
| 发表日期 | 2022-01-30 |
| 出版年 | 2022 |
| 语种 | 英语 |
| 摘要 | The Brexit vote precipitated the unravelling of the UK's membership of the world's deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its consequences provides new insights regarding the economic impacts of news and uncertainty shocks. Voting for Brexit had large negative effects on the UK economy between 2016 and 2019, leading to higher import and consumer prices, lower investment, and slower real wage and GDP growth. However, at the aggregate level, there was little or no trade diversion away from the EU, implying that many of the anticipated long-run effects of Brexit did not materialize before the new UK-EU trade relationship came into force in 2021. |
| 主题 | International Macroeconomics and Finance ; International Trade and Regional Economics |
| 关键词 | Brexit Trade policy Uncertainty Exchange rates |
| URL | https://cepr.org/publications/dp16970 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545914 |
| 推荐引用方式 GB/T 7714 | Thomas Sampson,Swati Dhingra. DP16970 Expecting Brexit. 2022. |
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