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Economic outlook for the euro area

Author

Listed:
  • Georg Feigl

    (Institute of Anatomy)

  • Markus Marterbauer
  • Miriam Rehm
  • Matthias Schnetzer
  • Sepp Zuckerstätter
  • Lars Andersen
  • Thea Nissen
  • Signe Dahl
  • Peter Hohlfeld
  • Benjamin Lojak
  • Thomas Theobald
  • Achim Truger
  • null null

    (Macroeconomic Policy Institute (IMK))

  • Guillaume Allegre

    (Observatoire français des conjonctures économiques)

  • Céline Antonin

    (Observatoire français des conjonctures économiques)

  • Christophe Blot

    (Observatoire français des conjonctures économiques)

  • Jérôme Creel

    (Observatoire français des conjonctures économiques)

  • Bruno Ducoudre

    (Observatoire français des conjonctures économiques)

  • Paul Hubert

    (Observatoire français des conjonctures économiques)

  • Sabine Lebayon
  • Sandrine Levasseur

    (Observatoire français des conjonctures économiques)

  • Hélène Périvier

    (Observatoire français des conjonctures économiques)

  • Raul Sampognaro

    (Observatoire français des conjonctures économiques)

  • Aurélien Saussay

    (Observatoire français des conjonctures économiques)

  • Vincent Touze

    (Observatoire français des conjonctures économiques)

  • Sébastien Villemot

    (Observatoire français des conjonctures économiques)

  • Xavier Timbeau

    (Observatoire français des conjonctures économiques)

Abstract

While a Grexit was avoided in the summer 2015, the same was not true for a Brexit, as on 23 June 2016 British voters chose to leave the EU. This should, however, be a slow process since the United Kingdom and the European Union have a period of two years following notification by the British government of its decision to implement Article 50 of the Treaty on the European Union to come to an agreement specifying the conditions for withdrawal. This is triggering a new political crisis in Europe that will have long-term implications, as the agreement will redefine not only trade relations between the EU and UK but also the conditions governing the movement of people.

Suggested Citation

  • Georg Feigl & Markus Marterbauer & Miriam Rehm & Matthias Schnetzer & Sepp Zuckerstätter & Lars Andersen & Thea Nissen & Signe Dahl & Peter Hohlfeld & Benjamin Lojak & Thomas Theobald & Achim Truger &, 2016. "Economic outlook for the euro area," Sciences Po publications info:hdl:2441/7nrhkqocnt8, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/7nrhkqocnt84kqofcbs87jqkdr
    as

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    References listed on IDEAS

    as
    1. Christina D. Romer & David H. Romer, 2004. "A New Measure of Monetary Shocks: Derivation and Implications," American Economic Review, American Economic Association, vol. 94(4), pages 1055-1084, September.
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    14. repec:ecb:ecbrbu:2016:0028:1 is not listed on IDEAS
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    Cited by:

    1. Léo Aparisi de Lannoy & Xavier Ragot, 2017. "Une (ré) assurance chômage européenne," Sciences Po publications info:hdl:2441/5i0jcpu6sk9, Sciences Po.

    More about this item

    Keywords

    Brexit; European Union; crisis;

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