-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 …