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 language | English |
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Pages (from-to) | 1407-1410 |
Number of pages | 4 |
Journal | Applied Economics Letters |
Volume | 30 |
Issue number | 11 |
Early online date | 29 Mar 2022 |
DOIs | |
Publication status | Published - 2022 |
Bibliographical note
Publisher Copyright:© 2022 The Author(s). Published by Informa UK Limited, trading as Taylor & Francis Group.
Research programs
- ISS-DE