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UK Economy: Brexit in seven charts - the economic impact

27 June 2016

Millions of words on the topic - including economists' majority view that leaving the bloc will slow growth and the Leave campaign's counterarguments that Britain will prosper - could be replaced by seven charts. These sum up the arguments over what breaking up with Brussels will really mean for jobs, growth and public finances.

Do migrants reduce UK wages?
The chart [chart sourced from the CEP Brexit Analysis Paper No.05] shows the change in the share of EU immigrants for every local area in the UK (left to right) and the change in local wage levels (up and down). There is no correlation, indicating that areas with high levels of immigration do not have lower wage growth. There is no indication that immigration reduces wages.

This article was published by FT.com on June 27, 2016
Link to article here

Related publications
Brexit and the Impact of Immigration on the UK, Swati Dhingra, Gianmarco Ottaviano, John Van Reenen and Jonathan Wadsworth, CEP Brexit Analysis Paper No.05, May 2016
See Figure 9 on page 10 for sourced chart.

Related links
Jonathan Wadsworth webpage
Swati Dhingra webpage
Gianmarco Ottaviano webpage
John Van Reenen webpage
Labour Markets Programme webpage
Trade Programme webpage
Growth Programme webpage

Read more... FT.com