How did Brexit impact labour market efficiency in the UK?

Catalina Amuedo-Dorantes and Nazire Begen

Applied Economics Letters, 2024, vol. 31, issue 19, 2011-2015

Abstract: We investigate how Brexit impacted labour market efficiency in the UK as captured by shifts in the Beveridge Curve (BC). Using a difference-in-differences approach and event-studies, we compare changes in job vacancy rates in the UK, relative to other European Union countries, from before to after Brexit for a given unemployment rate. Our results are suggestive of an inward shift of the BC and increased labour market efficiency after the referendum.

Date: 2024
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DOI: 10.1080/13504851.2023.2208840

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