This is how much the end of Schengen could cost Europe
New research outlines the economic benefits of Schengen, and the potential costs should the agreement collapse.
Prof. Dr. Gabriel Felbermayr is Director of the Ifo Center for International Economics at the Ifo Institute for Economic Research in Munich. Simultaneously, he holds a chair in Economics at the Ludwig Maximilians University Munich. His research deals with international trade agreements, trade and labor market outcomes, trade and environment.