Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/196632 
Authors: 
Year of Publication: 
2019
Series/Report no.: 
IZA Discussion Papers No. 12134
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper surveys the economics academic literature on Brexit. It is organised in: pillars, channels, and consequences. The two building blocks to understand Brexit are the economic history of the UK-EU relationship and the literature on the political economy of globalisation and populism. The paper then reviews the evidence on the standard mechanisms through which the UK benefited from EU integration (trade, migration and FDI). Next it surveys the short-run effects of the vote and discuss expected long-term consequences of "Brexit proper." It concludes by identifying some main gaps in the economics literature on Brexit.
Subjects: 
Brexit
migration
JEL: 
F22
F10
Document Type: 
Working Paper

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