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Brexit Effect: Summary and conclusions
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1 Articles
Brexit Effect: Summary and conclusions
Introduction This is the final article in a series analysing the oft-cited NBER paper, which estimates that Brexit reduced the UK’s GDP by 6-8%, usually shortened to 8%. The first three threads (here, here and here) argued that, contrary to the study, there is no persuasive evidence of a significant impact, either positive or negative, on GDP, employment or labour productivity. The study’s results were unrealistic mainly because its: counterf…
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