The Impact of Brexit on International Students' Return Intentions
Jane Falkingham (),
Corrado Giulietti (),
Jackline Wahba () and
Chuhong Wang ()
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Chuhong Wang: University of Southampton
No 12032, IZA Discussion Papers from Institute for the Study of Labor (IZA)
This paper is the first attempt to study the causal impact of "Brexit", namely the UK's departure from the European Union (EU), on the post-graduation mobility decisions of EU students in the UK. We exploit the British government's formal withdrawal notification under Article 50 as a natural experiment and employ a difference-in-differences design. Using data from a new survey of graduating international students, we find that EU graduating students are significantly more likely than non-EU graduating students to plan on leaving the UK upon graduation immediately after the announcement. Interestingly, results are especially driven by students from the new EU countries and students from the EU14 countries who are undecided of their migration plans. We further show that the deterrent effects are heterogeneous and depend on age and subject among others. These findings carry important implications for post-Brexit UK and for other European countries with emerging calls for their own referendums.
Keywords: Brexit; Article 50; higher education; international students; intention to leave (search for similar items in EconPapers)
JEL-codes: J15 J61 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eur, nep-int and nep-mig
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