skip to content

Faculty of Economics

Graph Image

Brexit Research in the Faculty of Economics

The Faculty of Economics at Cambridge has a reputation for innovation. This page brings together the latest thinking from the Faculty’s world leading economic minds about Brexit.

Dr. Meredith Crowley has been quoted in The New York Times article "Getting Brexit Deal Over Finish Line Would Only Begin a Torturous New Race" and the Financial Times have cited her paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports" (joint with Oliver Exton and Lu Han), in the article "How Uncertainty Hits Business Investment". Dr. Crowley was also involved in writing The Brexit Scorecard, a new academic report put together by UK in a Changing Europe, that evaluates the impacts of Brexit so far. The ESRC funded UK in a Changing Europe project also made her a Senior Fellow.

In the articles 'How to Find Out What MPs Really Want' and ‘Breaking the Brexit impasse’, Dr. Toke Aidt, Professor Hamid Sabourian and Professor Jagjit Chadha examine the use of a sequential voting system to make the democratic process fair to all views.

Tom Auld and Professor Oliver Linton’s recent article shows that the betting market predicted the Brexit result an hour earlier than the foreign exchange market. A number of media outlets have relayed the findings of their paper, including Sky News, Daily Mail, Hindustan Times, London Economic, Interesting Engineering and Belfast Telegraph.

Dr. Meredith Crowley and Professor Giancarlo Corsetti have a large array of research on their Brexit Project Page which examines the impact of trade policy and exchange rate shocks on trade.

Or see the news section to find out more about the Faculty’s recent activity and research into Brexit.


Media outlets are welcome to contact our experts directly, or through the University of Cambridge Communications Office.

Dr Toke Aidt
University Reader
Director of the Keynes Fund

Research Interests
Political Economics

Professor Giancarlo Corsetti
Professor of Macroeconomics

Research Interests
International Economics and Open Economy Macroeconomics


Dr Meredith Crowley
University Reader

Research Interests
International trade and trade policy

Professor Oliver Linton
Professor of Political Economy
Director of Research

Research Interests
Econometric Theory and practice; Empirical Finance


Professor Hamid Sabourian
Professor of Economics and Game Theory

Research Interests
Economic theory and game theory

Lu Han
Research Associate

Research Interests
Exchange Rate Pass Through, International Economics, Applied Econometrics and Machine Learning


Thomas Auld
PhD Student

Title: Market Efficiency and Political Events

Research Interests
Market Efficiency, Bayesian Methods, Politics, High Frequency Trading, Market Microstructure

Oliver Exton
PhD Student

Title: Firms and Workers in International Trade

Research Interests
International trade, International economics, Trade policy, Labour economics


 
 

Published Papers


The Behaviour of Betting and Currency Markets on the Night of the EU Referendum
Auld, T. and Linton, O., (2019), International Journal of Forecasting

Breaking the Brexit impasse: Achieving a fair, legitimate and democratic outcome
Aidt, T.S., Chadha, J.S. and Sabourian, H., (2019), National Institute Economic Review

 
 

Cambridge Working Papers in Economics



Authored Book



Giancarlo, C., Feld, L.P., Lane, P.R., Reichlin, L A new start for the Eurozone: dealing with debt, (2015) Monitoring the Eurozone - CEPR

Research Grants


The impact of trade policy and exchange rate shocks on trade (ESRC), Crowley, M., Corsetti, G., Dr Lorand Bartels, Han, L., Exton, O., Dr. Huasheng Song

Keynes Fund Sponsored Projects


The Making of the Euro-area Crisis: Lessons from Theory and History Corsetti, G. and Eichengreen, B. (JHLP) Research Output
Monetary Policy, Housing and Consumption in the Euro Area Duarte, J. (JHOH) Project Summary and Output

More Keynes Fund Sponsored Projects >>

News


The Zombie Economy

Dr. Meredith Crowley's research "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", joint with Oliver Exton and Lu Han, was cited in the article "The Zombie Economy" in The Economist.

Published on - Tuesday 5th November 2019

Passing a Brexit Deal Could Still End in No Deal

Dr. Meredith Crowley was quoted in The New York Times article "Getting Brexit Deal Over Finish Line Would Only Begin a Torturous New Race", which predicts that should Parliament pass the current Brexit deal, then this would only be the start of tough trade deal negotiations with the EU, that would more than likely end in a no deal outcome.

Published on - Sunday 27th October 2019

Uncertainty's Effect on Business Investment

Dr. Meredith Crowley's research "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", joint with Oliver Exton and Lu Han, was cited in the article "How Uncertainty Hits Business Investment" in The Financial Times.

Published on - Saturday 26th October 2019

UK Eyes Post-Brexit Trade Deal with Japan

Dr. Meredith Crowley was quoted in the Japan Times article "As UK eyes post-Brexit trade deal with Japan, its hand may not be as strong as it thinks", discussing the prospects for a Japan-UK Free Trade Agreement post-Brexit.

Published on - Thursday 17th October 2019

UK Tweaks Tariffs Amid No-Deal Brexit Countdown

Dr. Meredith Crowley was quoted in the Guardian newspaper article "UK tweaks tariffs amid no-deal Brexit countdown", which looks at the recent changes made to the temporary tariff schedule by Department for International Trade, in preparation for the UK leaving the EU.

Published on - Thursday 10th October 2019

UK Revises No Deal Tariffs

Dr. Meredith Crowley was on BBC Radio 4's Today Programme discussing the government's new plan for tariffs under a no deal Brexit. You can listen to the programme on the BBC website (starts at 1h 46m).

Published on - Tuesday 8th October 2019

Brexit and Global Trade

Dr. Meredith Crowley was quoted in The New York Times article "Global Trade is Deteriorating Fast and Sapping the World’s Economy", regarding the negative impact that Brexit is having on the growth of global trade.

Published on - Tuesday 1st October 2019

Dollars and sense: The sterling depreciation and UK price competitiveness

Professor Giancarlo Corsetti, Dr. Meredith Crowley, and Lu Han have published an article for VOXeu titled "Dollars and sense: The sterling depreciation and UK price competitiveness". This column shows that UK export price response to depreciation depends on the currency in which UK firms invoice their cross-border transactions.

Published on - Wednesday 28th August 2019

The chilling economic effects of Brexit uncertainty are intensifying

Dr. Meredith Crowley, Oliver Exton, and Lu Han's paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports", which looks into the effect of Brexit on exports, has been quoted by the Economist.

Published on - Tuesday 27th August 2019

What Free Ports Can and Can’t Achieve

Dr. Meredith Crowley was quoted in The Economist article "What free ports can and can’t achieve", regarding the government's new policy to create free ports or free trade zones. It is proposed there will be ten of the new tariff-free zones around the UK, post-Brexit.

Published on - Friday 9th August 2019

Freeports Advisory Panel

Dr. Meredith Crowley has been appointed to serve on the Freeports Advisory Panel at the Department for International Trade under Secretary of State Liz Truss. This Panel has been set up to ensure the UK is ready to trade post-Brexit.

Published on - Monday 5th August 2019

Impacts of Brexit Report

Dr. Meredith Crowley was involved in writing a new academic report that evaluates the impacts of Brexit so far. The Brexit Scorecard report has been conducted by the academic think tank The UK in a Changing Europe, and rates impact in four areas: the economy and public finances, fairness, openness and control.

Published on - Monday 24th June 2019

Symposium on World Trade - Brexit Panel

Dr. Meredith Crowley will be speaking on a panel at the Mathematical Sciences Research Institute's (MSRI) Symposium on World Trade at the British Academy on 23rd May 2019. Dr. Crowley will be taking part in the "Brexit and the United Kingdom’s Future Trade Relationships in the Global Economy" panel discussion.

Published on - Wednesday 1st May 2019

Sticking Points in Brexit Talks

Dr. Meredith Crowley took part in a teleconference, "What's Next for Brexit?" hosted by the Pacific Council on International Policy, the leading think tank on international policy on the West Coast of the US.

Published on - Thursday 25th April 2019

Brexit Uncertainty

Oliver Exton (PhD student) will present his research on "Brexit uncertainty", at the Royal Economic Society Annual Conference on Wednesday 17th April 2019. His talk will be based on the paper "Renegotiation of Trade Agreements and Firm Exporting Decisions: Evidence from the Impact of Brexit on UK Exports" (joint with Dr. Meredith Crowley and Lu Han).

Published on - Monday 15th April 2019

Can a Free Port Rescue Teesside's Steel Community?

Post-Brexit, could the creation of a free port rescue Teesside's steel community? Dr. Meredith Crowley discussed her views on the plan in an interview with CNN TV. You can read the text article on the CNN Business site.

Published on - Monday 8th April 2019

See all Brexit News >>
Graph Image

Related Tags:

Betting Market

Brexit

Business

China

Currency

Customs Union

Deadlock

Democracy

EU

Economy

Exchange Rate

Exports

Foreign Exchange Market

Freeports

Global Economy

Impact

Japan

Macroeconomics

No Deal

Prices

Risks

Steel Tariffs

Tariffs

Trade

UK

UK Economy

US

Uncertainty

Voting

Women in Economics