This paper investigates whether the impact of Brexit on financial markets is consistent with rational asset pricing models using 34 financial indices. Our results indicate that, whilst Brexit events affect both the risk and returns of stocks, the returns on event days are largely justified by the ...
The financial and banking sectors, which may benefit from Brexit, are excluded. Brexit adjustment reserve, European Parliament briefing
This research attempts to evaluate the impact of Brexit on the Asian markets. This research divided into two large markets: The international trade markets (expRuiz Estrada, Mario ArturoPark, DonghyunKoutronas, EvangelosSocial ence Electronic Publishing...
BREXIT was a major shock to the global financial market and the global economy. The full impact is still to unfold, as the exiting procedure could be complicated and could take multi-year negotiations. In our assessment, the near-term economic impact of Brexit on China is likely to be limit...
The Brexit referendum event was unique in a sense that it was unpredictable until the final day and the impact of the referendum result either way would undoubtedly be significant, as a vote for “leave” would imply an increase of uncertainty especially in the EU financial markets. Considering...
Source : New Financial Miles Celic, Chief Executive Officer, TheCityUK, said: New Financial is right to raise awareness of the impact the current Brexit situation is having on the UK as an international financial centre, as well as to the broader European ecosystem. The industry has taken eve...
(2014). The costs and benefits of leaving the EU, Center for Financial Studies, Working Paper No. 472. Google Scholar Oxford Economics, 2008 Oxford Economics Regional winners and losers in public finances Economic Outlook, 32 (2008), pp. 5-15 Google Scholar Protts, 2016 Protts, J. (2016...
(2016): Policy Uncertainty and International Financial Markets: The Case of Brexit, CEPS Working Document, No. 429, Centre for European Policy Studies (CEPS), Brussels, November.Belke, A., Dubova, I. and Osowski, T. (2018), "Policy uncertainty and international financial markets: The case...
New Financial, 2021. Report: Brexit and the City: The Impact So Far. London: New Financial.Search in Google Scholar Palan, R., 2002. Tax havens and the commercialization of state sovereignty. International organization, 56(1), pp. 151–176.10.1162/002081802753485160Search in Google Scholar ...
The economic fallout would be worse than Britain suffered because of the global financial crisis. The Confederation of British Industry said the government report shows that failing to secure a deal is not an option. “It surely puts to bed some of the more far-fetched ideas that a hard land...