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A vote to leave will increase financial market volatility

Den Haan, Wouter J., Ellison, Martin, Ilzetzki, Ethan, McMahon, Michael and Reis, Ricardo (2016) A vote to leave will increase financial market volatility. LSE Brexit (02 Mar 2016). Website.

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In late February, UK Prime Minister David Cameron announced that the referendum on the country’s continued membership of the European Union (EU) would be held on 23 June. Over the following weekend, a number of leading Conservative MPs announced their support for the campaign to leave the EU – ‘Brexit’. The pound sterling declined as trading opened on the Monday morning, losing close to 2% of its value relative to the dollar and 1.5% relative to the euro on the first day of trading following these news stories.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2016 The Author(s)
Divisions: Economics
Centre for Macroeconomics
Centre for Economic Performance
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
J Political Science > JC Political theory
J Political Science > JN Political institutions (Europe)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited: 10 Apr 2017 14:46
Last Modified: 16 May 2024 08:38

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