The paper tests three hypotheses concerning foreign equity investment in the presence of liquidity risk. First, the FDI …-to-FPI price differential is negatively related to liquidity risk (the "Price Discount Hypothesis"). The idea is that market …

, by the asset preferences of risk averse consumer-investors. In a one-good variant in the spirit of the MacDougall model …

-controlled migration, distinguishing between source developing and developed countries. We utilize free-movement within the EU to examine … the free migration regime and compare that to immigration into the EU from two other groups, developed and developing …

voter.The paper models the host country stylistically as a member of the core of an economic union (i.e., a core EU welfare …. The source country is modeled as an accession country to an economic union (i.e., through the EU enlargement treaty), with …

and recovery patterns for key EU members like Germany and France, within the Eurozone, were similar. However, after the … risk, or threaten the viability of the federal union. Not so for some members within the Eurozone. Politicians on both … system than the Eurozone politically weakly integrated system. The disparity is traced to the EU's and Eurozone's special …

among the EU 15 and EU 10 in the enlarged European Union, as of 2004. We also demonstrate that the notion that the mere …

on source-host, OECD-EU country pairs in the year 2000. The identification strategy is to use the decomposition the … EU, and another group, quot;policy-controlled migrationquot; group, the pairs from non-EU countries into the EU. We find …

of migration. We argue that the differences between the U.S. and the EU - the degree of coordination among the member …