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Rebordering Britain & Britons after Brexit

Mapping social science research on Brexit and migration

2 articles by John Van Reenen

Brexit’s long-run effects on the U.K. economy
What will be the long-run economic effects of the United Kingdom’s decision to leave the European Union—informally known as Brexit? Compared with remaining in the European Union, there will inevitably be higher trade costs with the rest of Europe, which accounts for about half of all U.K. trade.
The costs and benefits of leaving the EU: trade effects
This paper estimates the welfare effects of Brexit in the medium to long run, focusing on trade and fiscal transfers. We use a standard quantitative general equilibrium trade model with many countries and sectors and trade in intermediates.