The impact of Brexit on UK businesses: evidence from the Decision Maker Panel

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The impact of Brexit on UK businesses: evidence from the Decision Maker Panel

Research Seminar

Wednesday 27 June 2018, 16:30 — 17:30

Research Seminar

Presented by: Paul Mizen, University of Nottingham

National Institute of Economic and Social Research, 2 Dean Trench Street, Smith Square, London SW1P 3HE

To better understand the uncertainty facing British businesses ahead of the United Kingdom’s withdrawal from the European Union, the University of Nottingham and Stanford University in partnership with the Bank of England have established the Decision Maker Panel (DMP). Panel members, comprising approximately 4500 UK Chief Financial Officers, complete an online survey of business and uncertainty each month. The panel is designed to be representative of the UK business population, excluding a small number of sectors. It includes questions on topical policy issues and provides valuable insights into companies’ perceptions of the challenges and opportunities facing the UK economy. This seminar will review the outputs of the survey that indicate the degree of economic uncertainty surrounding Brexit and its effects on investment, employment and productivity. The seminar will also review the survey design and characteristics.

Paul Mizen is Professor of Monetary Economics and Director of the Centre for Finance, Credit and Macroeconomics, at the University of Nottingham. He is a consultant to the Bank of England and principal investigator for the ESRC-funded Decision Maker Panel survey. Professor Mizen has held research positions at the U.S. Federal Reserve, the Deutsche Bundesbank, the European Central Bank, the Bank of England, the International Monetary Fund and a number of other central banks and universities. He is the Chairman of the Money, Macro and Finance Research Group. He has published 7 books and more than 100 articles on various aspects of monetary economics.