TY - JOUR
T1 - Impacts of the Brexit referendum on UK employment: a synthetic control method approach
AU - Papyrakis, Elissaios
AU - Pellegrini, Lorenzo
AU - Tasciotti, L (Luca)
PY - 2022/3/29
Y1 - 2022/3/29
N2 - 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.
AB - 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.
U2 - 10.1080/13504851.2022.2056567
DO - 10.1080/13504851.2022.2056567
M3 - Article
JO - Applied Economics Letters
JF - Applied Economics Letters
SN - 1350-4851
ER -
