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Brexit and Europe

The IFS is part of the ESRC’s UK in a Changing Europe initiative.

In the run up to the EU referendum, we assessed the potential fiscal and economic effects of Brexit and the channels by which immigration can affect the public finances.

Since the vote to leave the EU, we have analysed how consumer prices might be affected by post-Brexit tariff reductions, and examined the effects of possible trade barriers with the EU on the UK labour market. And we have looked at options and issues for replacing EU funding schemes, including submissions to Scottish and Welsh parliamentary inquiries.

Selected highlights

Journal article | Oxford Review of Economic Policy
Economics was front and centre during the run-up to the June 2016 referendum on the UK’s membership of the EU. Paul Johnson and Ian Mitchell discuss the economics of Brexit and lessons for the economics profession.
Book chapter
the_exposure_of_different_workers_to_potential_trade_barriers_between_the_uk_and_the_eu
In this chapter, we focus on one particular aspect of Brexit – changes in trade barriers with the EU – and examine the consequences these might have for different industries, workers and regions.
Briefing note
This briefing note provides estimates of the falls in consumer prices that could be expected if the UK leaves the EU's Customs Union and reduce its tariffs. It finds that even if all tariffs were abolished, any reduction in consumer prices would be more than offset by the 2% increase in prices that ...
Report
the_eu_single_market_the_value_of_membership_versus_access_to_the_uk
On 23 June 2016, the UK public voted in favour of leaving the European Union. However, important decisions remain about the model for the UK’s relationship with Europe outside of the EU, not least whether the UK seeks to remain a ‘member’ of the Single Market or only seeks (tariff-free) ...
Presentation
This presentation was given by David Autor (MIT) at the 2017 IFS annual lecture.

Contacts

Contact IFS on 020 7291 4800 or mailbox@ifs.org.uk

David Phillips
Associate Director
Peter Levell
Associate Director