Keyword:United Kingdom

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Nobody Wins with BREXIT
Dynamic Welfare Effects of Brexit Negative for all 28 EU Countries


Since the threat of a Grexit has been averted for the time being, a possible exit of the United Kingdom (UK) from the European Union (EU) poses the next danger for European integration. In our study “Costs and benefits of a United Kingdom exit from the European Union” from April 2015, we analyzed the static effects of a Brexit. We were able to show that due to less cross-border trade activities all 28 EU countries would suffer from lower economic growth. Now we calculated the dynamic growth effects of a Brexit. Again, all 28 economies would be faced with lower growth rates. Growth losses would be even larger than in the case of static effects only More ...

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Perceptions of Inequality


How does information that we see and hear influence our understanding of economic inequalities as well as our views on policies? Can people’s perceptions and views explain cross-country divergences in inequality levels and policies alike? To what degree is policy based on facts and reflects citizens’ preferences? More ...