Post Brexit trade deals

Price Promotions and Trade Deals with Multiproduct Retailers

n this paper we study retail price promotions and manufacturer trade deals in markets with multiproduct retailers. We find that in situations where retailers carry more than one competing brand, the promotions across brands can be positively or negatively correlated depending on the structure of the market: the relative sizes of the various market segments (in terms of loyalty to manufacturer, ...

Brexit and health services.

Shady deals

It is widely observed that many members of the crow family can appear quite clever to humans. Several species have learnt to store food for future use when in excess. But the problem is that other individuals are smart enough to spot where an individual has hidden food and then go and take it. Therefore many species have developed strategies to lessen the chances that their food store will be r...

The Costs and Benefits of Leaving the EU: Trade Effects

This paper estimates the welfare effects of Brexit, focusing on trade and fiscal transfers. We use a standard quantitative general equilibrium trade model with many countries and sectors and trade in intermediates, as in Costinot and Rodríguez-Clare (2014). We simulate a range of counterfactuals reflecting alternative options for EU-UK relations following Brexit. Welfare losses for the average ...

Brexit and Translational Research

In a historic referendum on June 23, 2016, the UK voted to leave the European Union (EU) after more than four decades of membership. For the time being, the UK is still a member of the EU until the UK government triggers Article 50 of the Lisbon Treaty–which probably won't happen before the end of 2016. A minimum of 2 years of negotiations will follow before theUK ceases to be an EUmember. This...