-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 …

We examine the capital-market effects of changes in securities regulation in the European Union (EU) aimed at reducing … market abuse and increasing transparency. To estimate causal effects for the population of EU firms, we exploit that for … plausibly exogenous reasons, like national legislative procedures, EU countries adopted these directives at different times. We …

At a time of historic challenges to the viability of the Eurozone, we assess the contribution of the EU and the Euro to … segmentation is significantly lower for EU versus non- EU members. Bilateral valuation differentials remain lower for EU members …, financial regulation, and interest rate differences. Importantly, we find that EU membership reduces equity market segmentation …

-series data for 21 EU countries from year 1998 to 2007 from various data resources. We provide strong evidence that the price gap …

income shock in the EU, compared to 32 per cent in the US. In the case of an unemployment shock 47 percent of the shock are … absorbed in the EU, compared to 34 per cent in the US. This cushioning of disposable income leads to a demand stabilization of … up to 30 per cent in the EU and up to 20 per cent in the US. There is large heterogeneity within the EU. Automatic …