Impacts of the Brexit referendum on UK employment: a synthetic control method approach

Elissaios Papyrakis, Lorenzo Pellegrini*, L (Luca) Tasciotti

*Corresponding author for this work

Research output: Contribution to journalArticleAcademicpeer-review

3 Citations (Scopus)
70 Downloads (Pure)

Abstract

We estimate the impact of the 2016 Brexit referendum on the UK (un-)employment rate up to January 2020 by comparing the observed performance of the indicators in the UK with those of a synthetic control. The decline in the UK unemployment rate recorded after the referendum mimics the trend of the synthetic indicator and, similarly, the increase in UK employment follows the trend of the synthetic control. Overall, we find that the Brexit referendum has had little effect on the UK (un-)employment rate.
Original languageEnglish
Pages (from-to)1407-1410
Number of pages4
JournalApplied Economics Letters
Volume30
Issue number11
Early online date29 Mar 2022
DOIs
Publication statusPublished - 2022

Bibliographical note

Publisher Copyright:
© 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.

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