| 000 | 01934nab a2200313 c 4500 | ||
|---|---|---|---|
| 003 | ES-MaIEF | ||
| 005 | 20190213185611.0 | ||
| 007 | ta | ||
| 008 | 190213t2018 uk ||||| |||| 00| 0|eng d | ||
| 040 |
_aES-MaIEF _bspa _cES-MaIEF |
||
| 041 | _aeng | ||
| 245 | 4 |
_aThe economic effects of Brexit _b : evidence from the stock market _c Holger Breinlich ... [et al.] |
|
| 260 | _c2018 | ||
| 500 | _aDisponible también en formato electrónico a través de la Biblioteca del IEF. | ||
| 500 | _aResumen. | ||
| 504 | _aBibliografía. | ||
| 520 | _aWe study stock market reactions to the Brexit referendum on 23 June 2016 in order to assess investors’ expectations about the effects of leaving the European Union on the UK economy. Our results suggest that initial stock price movements were driven by fears of a cyclical downturn and by the sterling depreciation following the referendum. We also find tentative evidence that market reactions to two subsequent speeches by Theresa May (her Conservative party conference and Lancaster House speeches) were more closely correlated with potential changes to tariffs and non-tariff barriers on UK–EU trade, indicating that investors may have updated their expectations in light of the possibility of a ‘hard Brexit’. We do not find a correlation between the share of EU immigrants in different industries and stock market returns. | ||
| 650 | 4 |
_948241 _aREINO UNIDO |
|
| 650 | 4 |
_964535 _aSALIDA DE LA UNIÓN EUROPEA |
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| 650 | 4 |
_932202 _aASPECTOS ECONOMICOS |
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| 650 | 4 |
_928302 _aARANCELES |
|
| 650 | 4 |
_948092 _aPRECIOS |
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| 650 | 4 |
_947736 _aMERCADOS FINANCIEROS |
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| 650 | 4 |
_948066 _aPOLITICA ECONOMICA |
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| 700 | 1 |
_966969 _aBreinlich, Holger |
|
| 773 | 0 |
_9158612 _oOP 1472/2018/4 _tFiscal Studies _w(IEF)55561 _x 0143-5671 [papel] _g v. 39, n. 4, December 2018, p. 581-623 |
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| 856 | _uhttps://onlinelibrary.wiley.com/doi/epdf/10.1111/1475-5890.12175 | ||
| 942 | _cART | ||
| 999 |
_c139903 _d139903 |
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