Aguiar, M. and Gopinath, G. (2007), ‘Emerging Market Business Cycles: The Cycle Is the Trend’, Journal of Political Economy 115, 69–102.
Akinci, O. (2013), ‘Global financial conditions, country spreads and macroeconomic fluctuations in emerging countries’, Journal of International Economics 91(2), 358–371.
Antolin-Diaz, J., Drechsel, T. and Petrella, I. (2017), ‘Tracking the slowdown in long-run gdp growth’, The Review of Economics and Statistics 99(2), 343–356.
- Balassa, B. (1964), ‘The purchasing-power parity doctrine: a reappraisal’, Journal of political Economy 72(6), 584–596.
Paper not yet in RePEc: Add citation now
- Bank of England (2016), ‘Inflation report’, May 2016 .
Paper not yet in RePEc: Add citation now
Barnett, A., Batten, S., Chiu, A., Franklin, J. and Sebastia-Barriel, M. (2014), ‘The UK productivity puzzle’, Bank of England Quarterly Bulletin 54(2), 114–128.
- Beaudry, P. and Portier, F. (2006), ‘Stock Prices, News, and Economic Fluctuations’, American Economic Review 96(4), 1293–1307.
Paper not yet in RePEc: Add citation now
Becker, S. O., Fetzer, T. and Novy, D. (2017), ‘Who voted for Brexit? A comprehensive district-level analysis’, Economic Policy 32(92), 601–650.
Beltran, D. O. and Draper, D. (2018), ‘Estimating dynamic macroeconomic models: how informative are the data?’, Journal of the Royal Statistical Society Series C 67(2), 501–520.
- Betts, C. M. and Kehoe, T. J. (2006), ‘U.S. real exchange rate fluctuations and relative price fluctuations’, Journal of Monetary Economics 53(7), 1297–1326.
Paper not yet in RePEc: Add citation now
Bloom, N., Bunn, P., Chen, S., Mizen, P., Smietanka, P., Thwaites, G. and Young, G. (2018), ‘Brexit and uncertainty: Insights from the decision maker panel’, Fiscal Studies 39(4), 555–580.
Born, B., Muller, G., Schularick, M. and Sedlacek, P. (2018), ‘The Costs of Economic Nationalism: Evidence from the Brexit Experiment’, Centre for Economic Policy Research, Discussion Paper DP12454 .
- Broadbent, B. (2017a), ‘Brexit and interest rates’, speech given at the London School of Economics, Bank of England.
Paper not yet in RePEc: Add citation now
- Broadbent, B. (2017b), ‘Brexit and the pound’, speech given at Imperial College, Bank of England.
Paper not yet in RePEc: Add citation now
Caldara, D., Iacoviello, M., Molligo, P., Prestipino, A. and Raffo, A. (2019), The economic effects of trade policy uncertainty, Working paper, Boston College.
- Carney, M. (2019), ‘The global outlook’, Speech given at Frobisher’s Hall, Barbican Centre, London, UK .
Paper not yet in RePEc: Add citation now
- Christiano, L. J., Eichenbaum, M. S. and Trabandt, M. (2015), ‘Understanding the Great Recession’, American Economic Journal: Macroeconomics 7(1), 110–167.
Paper not yet in RePEc: Add citation now
- Corsetti, G., Dedola, L. and Leduc, S. (2008), ‘International Risk Sharing and the Transmission of Productivity Shocks’, Review of Economic Studies 75(2), 443–473.
Paper not yet in RePEc: Add citation now
Davies, R. B. and Studnicka, Z. (2018), ‘The heterogeneous impact of brexit: Early indications from the ftse’, European Economic Review 110, 1 – 17.
- De Gregorio, J., Giovannini, A. and Wolf, H. C. (1994), ‘International evidence on tradables and nontradables inflation’, European Economic Review 38(6), 1225–1244.
Paper not yet in RePEc: Add citation now
Den Haan, W. and Drechsel, T. (2018), Agnostic Structural Disturbances (ASDs): Detecting and Reducing Misspecification in Empirical Macroeconomic Models, CEPR Discussion Papers 13145, C.E.P.R. Discussion Papers.
- Dhingra, S., Huang, H., Ottaviano, G., Paulo Pessoa, J., Sampson, T. and Van Reenen, J. (2017), ‘The costs and benefits of leaving the eu: trade effects’, Economic Policy 32(92), 651–705.
Paper not yet in RePEc: Add citation now
- Dotsey, M. and Duarte, M. (2008), ‘Nontraded goods, market segmentation, and exchange rates’, Journal of Monetary Economics 55(6), 1129–1142.
Paper not yet in RePEc: Add citation now
- Drechsel, T. and Tenreyro, S. (2018), ‘Commodity booms and busts in emerging economies’, Journal of International Economics 112(C), 200–218.
Paper not yet in RePEc: Add citation now
Ebell, M. and Warren, J. (2016), ‘The long-term economic impact of leaving the EU’, National Institute Economic Review 236(1), 121–138.
Edwards, S. (1998), ‘Openness, productivity and growth: what do we really know?’, The economic journal 108(447), 383–398.
Erceg, C., Prestipino, A. and Raffo, A. (2018), The Macroeconomic Effect of Trade Policy, 2018 Meeting Papers 221, Society for Economic Dynamics.
- Fernandez-Villaverde, J., Guerron-Quintana, P., Rubio-Ramirez, J. F. and Uribe, M. (2011), ‘Risk Matters: The Real Effects of Volatility Shocks’, American Economic Review 101(6), 2530–2561.
Paper not yet in RePEc: Add citation now
Fetzer, T. (2018), Did Austerity Cause Brexit?, CESifo Working Paper Series 7159, CESifo Group Munich.
Forbes, K., Hjortsoe, I. and Nenova, T. (2018), ‘The shocks matter: Improving our estimates of exchange rate pass-through’, Journal of International Economics 114(C), 255–275.
Garcia-Cicco, J., Pancrazi, R. and Uribe, M. (2010), ‘Real Business Cycles in Emerging Countries?’, American Economic Review 100(5), 2510–2531.
Goodridge, P., Haskel, J. and Wallis, G. (2018), ‘Accounting for the UK Productivity Puzzle: A Decomposition and Predictions’, Economica 85(339), 581–605.
Gortz, C. and Tsoukalas, J. D. (2018), ‘Sectoral TFP news shocks’, Economics Letters 168(C), 31–36.
- Greenwood, J., Hercowitz, Z. and Huffman, G. W. (1988), ‘Investment, capacity utilization, and the real business cycle’, The American Economic Review 78(3), 402–417.
Paper not yet in RePEc: Add citation now
- Greenwood, J., Hercowitz, Z. and Krusell, P. (2000), ‘The role of investment-specific technological change in the business cycle’, European Economic Review 44(1), 91–115.
Paper not yet in RePEc: Add citation now
Guerron-Quintana, P. A. (2013), ‘Common and idiosyncratic disturbances in developed small open economies’, Journal of International Economics 90(1), 33–49.
Hevia, C. (2014), ‘Emerging market fluctuations: What makes the difference?’, Journal of International Economics 94(1), 33–49.
- IMF (2018), ‘United Kingdom: Selected issues’, IMF Country Report No. 18/317 .
Paper not yet in RePEc: Add citation now
Ireland, P. N. (2005), ‘The liquidity trap, the real balance effect, and the friedman rule’, International Economic Review 46(4), 1271–1301.
Jaimovich, N. and Rebelo, S. (2009), ‘Can News about the Future Drive the Business Cycle?’, American Economic Review 99(4), 1097–1118.
Justiniano, A., Primiceri, G. and Tambalotti, A. (2011), ‘Investment Shocks and the Relative Price of Investment’, Review of Economic Dynamics 14(1), 101–121.
Kamber, G., Theodoridis, K. and Thoenissen, C. (2017), ‘News-driven business cycles in small open economies’, Journal of International Economics 105(C), 77–89.
- Kierzenkowski, R., Pain, N., Rusticelli, E. and Zwart, S. (2016), ‘The economic consequences of Brexit’, OECD Economic Policy Paper No. 16 .
Paper not yet in RePEc: Add citation now
Komunjer, I. and Ng, S. (2011), ‘Dynamic Identification of Dynamic Stochastic General Equilibrium Models’, Econometrica 79(6), 1995–2032.
Kose, M. A. (2002), ‘Explaining business cycles in small open economies: ’How much do world prices matter?’’, Journal of International Economics 56(2), 299–327.
Kulish, M. and Rees, D. M. (2017), ‘Unprecedented changes in the terms of trade’, Journal of International Economics 108(C), 351–367.
- Lombardo, G. and Ravenna, F. (2012), ‘The size of the tradable and non-tradable sectors: Evidence from input–output tables for 25 countries’, Economics Letters 116(3), 558–561.
Paper not yet in RePEc: Add citation now
McGrattan, E. R. and Waddle, A. L. (2018), ‘The Impact of Brexit on Foreign Investment and Production’, American Economic Journal: Macroeconomics Forthcoming.
- Mendoza, E. G. (1991), ‘Real business cycles in a small open economy’, The American Economic Review 81(4), 797–818.
Paper not yet in RePEc: Add citation now
- Mendoza, E. G. (2010), ‘Sudden Stops, Financial Crises, and Leverage’, American Economic Review 100(5), 1941–1966.
Paper not yet in RePEc: Add citation now
Naoussi, C. F. and Tripier, F. (2013), ‘Trend shocks and economic development’, Journal of Development Economics 103(C), 29–42.
Pessoa, J. P. and Van Reenen, J. (2014), ‘The uk productivity and jobs puzzle: Does the answer lie in wage flexibility?’, The Economic Journal 124(576), 433–452.
- Sampson, T. (2017), ‘Brexit: the economics of international disintegration’, Journal of Economic Perspectives 31(4), 163–84.
Paper not yet in RePEc: Add citation now
- Samuelson, P. A. (1964), ‘Theoretical notes on trade problems’, The Review of Economics and Statistics 46(2), 145–154.
Paper not yet in RePEc: Add citation now
- Schmitt–Grohe, S. and Uribe, M. (2012), ‘What’s News in Business Cycles’, Econometrica 80(6), 2733–2764.
Paper not yet in RePEc: Add citation now
- Seoane, H. D. (2016), ‘Parameter drifts, misspecification and the real exchange rate in emerging countries’, Journal of International Economics 98(C), 204–215.
Paper not yet in RePEc: Add citation now
Siena, D. (2014), The European Monetary Union and Imbalances: Is it an Anticipation Story ?, Working papers 501, Banque de France.
Smets, F. and Wouters, R. (2007), ‘Shocks and Frictions in US Business Cycles: A Bayesian DSGE Approach’, American Economic Review 97(3), 586–606.
Steinberg, J. (2017), Brexit and the Macroeconomic Impact of Trade Policy Uncertainty, 2017 Meeting Papers 216, Society for Economic Dynamics.
Stockman, A. and Tesar, L. (1995), ‘Tastes and technology in a two-country model of the business cycle: Explaining international comovements’, American Economic Review 85(1), 168–85.
- Tenreyro, S. (2018), ‘The fall in productivity growth: causes and implication’, speech given at the Peston Lecture Theatre (Queen Mary, University of London), Bank of England.
Paper not yet in RePEc: Add citation now
- UK Government (2018), ‘EU Exit: Long-Term Economic Analysis’, Pariamentary Report prepared by Her Majesty’s Government .
Paper not yet in RePEc: Add citation now
- URL: http://www.jstor.org/stable/1928178 Schmitt-Grohe, S. and Uribe, M. (2003), ‘Closing small open economy models’, Journal of International Economics 61(1), 163–185.
Paper not yet in RePEc: Add citation now
- URL: https://onlinelibrary.wiley.com/doi/abs/10.1111/ecoj.12146 Rabanal, P. and Tuesta, V. (2013), ‘Nontradable Goods and the Real Exchange Rate’, Open Economies Review 24(3), 495–535.
Paper not yet in RePEc: Add citation now
- Vlieghe, G. (2019), ‘The economic outlook: fading global tailwinds, intensifying Brexit headwinds ’, Speech given at Resolution Foundation, London, UK .
Paper not yet in RePEc: Add citation now
- VukoticÃŒÂ, M. (2018), Sectoral Effects of News Shocks, Working Paper Series, University of Warwick.
Paper not yet in RePEc: Add citation now
- Weil, P. (1989), ‘Overlapping families of infinitely-lived agents’, Journal of public economics 38(2), 183–198.
Paper not yet in RePEc: Add citation now
Weil, P. (1991), ‘Is money net wealth?’, International Economic Review pp. 37–53.