The impact of Brexit on U.K. habits for expenditure on imports and consumption
Author
Abstract
Suggested Citation
DOI: 10.1016/j.iref.2023.06.024
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Havranek, Tomas & Rusnak, Marek & Sokolova, Anna, 2017.
"Habit formation in consumption: A meta-analysis,"
European Economic Review, Elsevier, vol. 95(C), pages 142-167.
- Tomas Havranek & Marek Rusnak & Anna Sokolova, 2015. "Habit Formation in Consumption: A Meta-Analysis," Working Papers 2015/03, Czech National Bank.
- Tomas Havranek & Marek Rusnak & Anna Sokolova, 2015. "Habit Formation in Consumption: A Meta-Analysis," Working Papers IES 2015/15, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2015.
- Takashi Kano & James M. Nason, 2014.
"Business Cycle Implications of Internal Consumption Habit for New Keynesian Models,"
Journal of Money, Credit and Banking, Blackwell Publishing, vol. 46(2-3), pages 519-544, March.
- Takashi Kano & James M. Nason, 2009. "Business Cycle Implications of Internal Consumption Habit for New Keynesian Models," CIRJE F-Series CIRJE-F-623, CIRJE, Faculty of Economics, University of Tokyo.
- Takashi Kano & James M. Nason, 2012. "Business cycle implications of internal consumption habit for new Keynesian models," Working Papers 12-30, Federal Reserve Bank of Philadelphia.
- Takashi Kano & James M. Nason, 2010. "Business Cycle Implications of Internal Consumption Habit for New Keynesian Models," CAMA Working Papers 2010-31, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Takashi Kano & James M. Nason, 2009. "Business Cycle Implications of Internal Consumption Habit for New Keynesian Model," CARF F-Series CARF-F-151, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
- Takashi Kano & James M. Nason, 2009. "Business cycle implications of internal consumption habit for New Keynesian models," FRB Atlanta Working Paper 2009-16, Federal Reserve Bank of Atlanta.
- Kano, Takashi & 加納, 隆 & Nason, James M., 2012. "Business Cycle Implications of Internal Consumption Habit for New Keynesian Models," Discussion Papers 2012-09, Graduate School of Economics, Hitotsubashi University.
- Ellen R. McGrattan & Andrea Waddle, 2020.
"The Impact of Brexit on Foreign Investment and Production,"
American Economic Journal: Macroeconomics, American Economic Association, vol. 12(1), pages 76-103, January.
- Ellen R. McGrattan & Andrea L. Waddle, 2017. "The Impact of Brexit on Foreign Investment and Production," Staff Report 542, Federal Reserve Bank of Minneapolis.
- Andrea Waddle & Ellen McGrattan, 2017. "The Imact of Brexit on Foreign Investment and Production," 2017 Meeting Papers 710, Society for Economic Dynamics.
- Ellen R. McGrattan & Andrea Waddle, 2017. "The Impact of Brexit on Foreign Investment and Production," NBER Working Papers 23217, National Bureau of Economic Research, Inc.
- Erauskin, Iñaki & Turnovsky, Stephen J., 2022. "International financial integration, the level of development, and income inequality: Some empirical evidence," International Review of Economics & Finance, Elsevier, vol. 82(C), pages 48-64.
- Thomas Sampson, 2017.
"Brexit: The Economics of International Disintegration,"
Journal of Economic Perspectives, American Economic Association, vol. 31(4), pages 163-184, Fall.
- Thomas Sampson, 2017. "Brexit: the economics of international disintegration," CEP Discussion Papers dp1499, Centre for Economic Performance, LSE.
- Thomas Sampson, 2018. "Brexit: the economics of international disintegration," CentrePiece - The magazine for economic performance 526, Centre for Economic Performance, LSE.
- Sampson, Thomas, 2017. "Brexit: The Economics of International Disintegration," CEPR Discussion Papers 12301, C.E.P.R. Discussion Papers.
- Thomas Sampson, 2017. "Brexit: The Economics of International Disintegration," CESifo Working Paper Series 6668, CESifo.
- Sampson, Thomas, 2017. "Brexit: the economics of international disintegration," LSE Research Online Documents on Economics 86591, London School of Economics and Political Science, LSE Library.
- Yanase, Akihiko & Tsubuku, Masafumi, 2022. "Trade costs and free trade agreements: Implications for tariff complementarity and welfare," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 23-37.
- Del Negro, Marco & Schorfheide, Frank & Smets, Frank & Wouters, Rafael, 2007. "On the Fit of New Keynesian Models," Journal of Business & Economic Statistics, American Statistical Association, vol. 25, pages 123-143, April.
- Berndt, Ernst R & Savin, N Eugene, 1975. "Estimation and Hypothesis Testing in Singular Equation Systems with Autoregressive Disturbances," Econometrica, Econometric Society, vol. 43(5-6), pages 937-957, Sept.-Nov.
- Swati Dhingra & Hanwei Huang & Gianmarco Ottaviano & João Paulo Pessoa & Thomas Sampson & John Van Reenen, 2017.
"The costs and benefits of leaving the EU: trade effects,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(92), pages 651-705.
- Swati Dhingra & Hanwei Huang & Gianmarco I. P. Ottaviano & Joao Paulo Pessoa & Thomas Sampson & John Van Reenen, 2017. "The costs and benefits of leaving the EU: trade effects," CEP Discussion Papers dp1478, Centre for Economic Performance, LSE.
- Dhingra, Swati & Huang, Hanwei & Ottaviano, Gianmarco & Pessoa, Joao Paulo & Sampson, Thomas & Van Reenen, John, 2017. "The Costs and Benefits of Leaving the EU: Trade Effects," Conference papers 332871, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Panayiota Lyssiotou, 2000. "Dynamic analysis of British demand for tourism abroad," Empirical Economics, Springer, vol. 25(3), pages 421-436.
- Adrian R. Fleissig, 2021. "Habit persistence in tourist sub-industries," Journal of Applied Economics, Taylor & Francis Journals, vol. 24(1), pages 103-113, January.
- Aycan Koksal & Michael K. Wohlgenant, 2016. "How do smoking bans in restaurants affect restaurant and at-home alcohol consumption?," Empirical Economics, Springer, vol. 50(4), pages 1193-1213, June.
- Jeffrey C. Fuhrer, 2000. "Habit Formation in Consumption and Its Implications for Monetary-Policy Models," American Economic Review, American Economic Association, vol. 90(3), pages 367-390, June.
- SPINNEWYN, Frans, 1981. "Rational habit formation," LIDAM Reprints CORE 436, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Piserà, Stefano, 2024. "Hidden effects of Brexit," Research in International Business and Finance, Elsevier, vol. 67(PB).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Adrian R. Fleissig & James L. Swofford, 2023. "Habit persistence in assets demand," Southern Economic Journal, John Wiley & Sons, vol. 89(3), pages 975-985, January.
- Born, Benjamin & Müller, Gernot J. & Schularick, Moritz & Sedlacek, Petr, 2017.
"The economic consequences of the Brexit Vote,"
LSE Research Online Documents on Economics
87174, London School of Economics and Political Science, LSE Library.
- Benjamin Born & Gernot J. Müller & Moritz Schularick & Petr Sedlacek, 2017. "The Economic Consequences of the Brexit Vote," Discussion Papers 1738, Centre for Macroeconomics (CFM).
- Havranek, Tomas & Rusnak, Marek & Sokolova, Anna, 2017.
"Habit formation in consumption: A meta-analysis,"
European Economic Review, Elsevier, vol. 95(C), pages 142-167.
- Tomas Havranek & Marek Rusnak & Anna Sokolova, 2015. "Habit Formation in Consumption: A Meta-Analysis," Working Papers IES 2015/15, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised May 2015.
- Tomas Havranek & Marek Rusnak & Anna Sokolova, 2015. "Habit Formation in Consumption: A Meta-Analysis," Working Papers 2015/03, Czech National Bank.
- Céline Carrère & Monika Mrázová & J Peter Neary, 2020.
"Gravity Without Apology: the Science of Elasticities, Distance and Trade,"
The Economic Journal, Royal Economic Society, vol. 130(628), pages 880-910.
- Peter Neary & Céline Carrère & Monika Mrázová, 2020. "Gravity without Apology: The Science of Elasticities, Distance, and Trade," Economics Series Working Papers 904, University of Oxford, Department of Economics.
- Céline Carrère & Monika Mrázová & J. Peter Neary, 2020. "Gravity without Apology: The Science of Elasticities, Distance, and Trade," CESifo Working Paper Series 8160, CESifo.
- Neary, Peter & Carrère, Céline & Mrázová, Monika, 2020. "Gravity without Apologies: The Science of Elasticities, Distance, and Trade," CEPR Discussion Papers 14473, C.E.P.R. Discussion Papers.
- Swati Dhingra & Thomas Sampson, 2022.
"Expecting Brexit,"
Annual Review of Economics, Annual Reviews, vol. 14(1), pages 495-519, August.
- Dhingra, Swati & Sampson, Thomas, 2022. "Expecting Brexit," LSE Research Online Documents on Economics 121886, London School of Economics and Political Science, LSE Library.
- Swati Dhingra & Thomas Sampson, 2022. "Expecting Brexit," CESifo Working Paper Series 9541, CESifo.
- Dhingra, Swati & Sampson, Thomas, 2022. "Expecting Brexit," CEPR Discussion Papers 16970, C.E.P.R. Discussion Papers.
- Swati Dhingra & Thomas Sampson, 2022. "Expecting Brexit," CEP Discussion Papers dp1824, Centre for Economic Performance, LSE.
- Dhingra, Swati & Sampson, Thomas, 2022. "Expecting Brexit," LSE Research Online Documents on Economics 115145, London School of Economics and Political Science, LSE Library.
- Castro-Pires, Henrique & Mello, Marco & Moscelli, Giuseppe, 2023. "Foreign Nurses and Hospital Quality: Evidence from Brexit," IZA Discussion Papers 16616, Institute of Labor Economics (IZA).
- Benjamin Born & Gernot J Müller & Moritz Schularick & Petr Sedláček, 2019.
"The Costs of Economic Nationalism: Evidence from the Brexit Experiment,"
The Economic Journal, Royal Economic Society, vol. 129(623), pages 2722-2744.
- Benjamin Born & Gernot Müller & Moritz Schularick & Petr Sedláček, 2017. "The Costs of Economic Nationalism: Evidence from the Brexit Experiment," CESifo Working Paper Series 6780, CESifo.
- Born, Benjamin & Müller, Gernot & Schularick, Moritz & SedlÃ¡Ä ek, Petr, 2017. "The Costs of Economic Nationalism: Evidence from the Brexit Experiment," CEPR Discussion Papers 12454, C.E.P.R. Discussion Papers.
- Garcia-Lazaro, Aida & Mistak, Jakub & Gulcin Ozkan, F., 2021. "Supply chain networks, trade and the Brexit deal: a general equilibrium analysis," Journal of Economic Dynamics and Control, Elsevier, vol. 133(C).
- Tarek A. Hassan & Stephan Hollander & Laurence Van Lent & Ahmed Tahoun, 2024.
"The Global Impact of Brexit Uncertainty,"
Journal of Finance, American Finance Association, vol. 79(1), pages 413-458, February.
- Hassan, Tarek & Hollander, Stephan & van Lent, Laurence & Tahoun, Ahmed, 2019. "The Global Impact of Brexit Uncertainty," CEPR Discussion Papers 14253, C.E.P.R. Discussion Papers.
- Tarek Hassan & Laurence van Lent & Stephan Hollander & Ahmed Tahoun, 2020. "The Global Impact of Brexit Uncertainty," Working Papers Series 106, Institute for New Economic Thinking.
- Tarek Alexander Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2020. "The Global Impact of Brexit Uncertainty," NBER Working Papers 26609, National Bureau of Economic Research, Inc.
- Phuong V. Nguyen, 2020. "The Vietnamese business cycle in an estimated small open economy New Keynesian DSGE model," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 48(5), pages 1035-1063, October.
- Campos, Nauro F., 2019. "B for Brexit: A Survey of the Economics Academic Literature," IZA Discussion Papers 12134, Institute of Labor Economics (IZA).
- Adrien Auclert & Ludwig Straub & Matthew Rognlie, 2019.
"Micro Jumps, Macro Humps: monetary policy and business cycles in an estimated HANK model,"
2019 Meeting Papers
1449, Society for Economic Dynamics.
- Auclert, Adrien & Rognlie, Matthew & Straub, Ludwig, 2020. "Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model," CEPR Discussion Papers 14279, C.E.P.R. Discussion Papers.
- Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2020. "Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model," NBER Working Papers 26647, National Bureau of Economic Research, Inc.
- Adrien Auclert & Matthew Rognlie & Ludwig Straub, 2020. "Micro Jumps, Macro Humps: Monetary Policy and Business Cycles in an Estimated HANK Model," CESifo Working Paper Series 8051, CESifo.
- Renato Faccini & Edoardo Palombo, 2019. "News Uncertainty in Brexit U.K," Discussion Papers 1921, Centre for Macroeconomics (CFM).
- HUANG Hanwei & SENGA Tatsuro & Catherine THOMAS & ZHANG Hongyong, 2023. "Economic Disintegration and Multinational Production: Evidence from Brexit," Discussion papers 23037, Research Institute of Economy, Trade and Industry (RIETI).
- Bhatt, Vipul & Kishor, Kundan & Marfatia, Hardik, 2017. "Estimating excess sensitivity and habit persistence in consumption using Greenbook forecast as an instrument," MPRA Paper 79748, University Library of Munich, Germany.
- Tarek Alexander Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2020. "The Global Impact of Brexit Uncertainty," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-332, Boston University - Department of Economics.
- Arnar Buason & Dadi Kristofersson & Kyrre Rickertsen, 2021. "Habits in frequency of purchase models: the case of fish in France," Applied Economics, Taylor & Francis Journals, vol. 53(31), pages 3577-3589, July.
- Rikard Forslid & Sten Nyberg, 2021. "Brexit: How to Reach an Amicable Divorce," Scandinavian Journal of Economics, Wiley Blackwell, vol. 123(3), pages 966-994, July.
- Cho, Sungjun, 2013. "New return anomalies and new-Keynesian ICAPM," International Review of Financial Analysis, Elsevier, vol. 29(C), pages 87-106.
More about this item
Keywords
Brexit; Habit formation; Short-run; And long-run estimates; Budget elasticities;All these keywords.
JEL classification:
- E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
- C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:reveco:v:88:y:2023:i:c:p:196-203. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/620165 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.