Can we hide behind COVID-19 when assessing the impact of Brexit on the UK economy?
Ellington, M., Michalski, M. & Milas, C.
(27 June 2022)
Can we hide behind COVID-19 when assessing the impact of Brexit on the UK economy?
LSE Business Review.
Six years on from the EU referendum, can we know for certain that Brexit, not COVID, had a negative impact on the UK economy? Michael Ellington, Marcin Michalski, and Costas Milas attempt to separate the impacts of both events and find that Brexit had a contractionary impact on UK GDP growth, with significant spillovers to UK financial markets in the form of rising long-term borrowing costs and increased exchange rate volatility.
| Item Type | Blog post |
|---|---|
| Copyright holders | © 2022 The Authors |
| Departments | LSE |
| Date Deposited | 25 Aug 2022 |
| URI | https://researchonline.lse.ac.uk/id/eprint/116062 |