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

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

Papyrakis, Elissaios, Pellegrini, Lorenzo and Tasciotti, Luca ORCID: 0000-0003-2561-5530 (2022) Impacts of the Brexit referendum on UK employment: a synthetic control method approach. Applied Economics Letters, 30 (11). pp. 1407-1410. ISSN 1350-4851 (Print), 1466-4291 (Online) (doi:https://doi.org/10.1080/13504851.2022.2056567)

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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.

Item Type: Article
Uncontrolled Keywords: unemployment; impact evaluation; synthetic analysis; European Union; United Kingdom
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Department of International Business & Economics
Last Modified: 12 Jul 2023 15:08
URI: http://gala.gre.ac.uk/id/eprint/35703

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